03:35 PM EDT, 05/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month target to $28 from $30, based on a 2026 P/E of 23.3x, a justified discount to CELH's historic average multiples. We maintain our adjusted EPS estimates of $0.90 for 2025 and $1.20 for 2026. CELH posted Q1 adjusted EPS of $0.18 vs. $0.27 (-33%), a penny short of consensus. The miss was driven by weaker-than-expected sales and a significant jump in SG&A expense (+22%). CELH's net sales fell 7% to $329.3M ($13.0M below consensus) but gross margin expanded 110 bps to 52.3% (270 bps ahead of consensus). Management said it saw business fundamentals strengthen throughout the quarter and is encouraged by the positive momentum heading into Q2. We continue to have concerns regarding CELH's organic revenue growth and prefer more defensive, lower-risk soft drinks names that have greater international exposure (weak U.S. dollar beneficiaries) and boast generous dividends. In our view, there remain a lot of questions regarding financial implications of CELH's recent acquisition of Alani Nu for $1.65B.