Reported 12 months ago
Celsius, a beverage stock listed as NASDAQ: CELH, has experienced a dramatic surge of 27,360% over the past decade, turning a $10,000 investment into a staggering $2.7 million. The company has achieved remarkable sales growth, becoming the third-largest energy drink seller in the U.S., with revenue reaching $1.3 billion in 2023. However, despite its past success, recent market trends suggest that Celsius stock is currently overvalued, trading at a high price-to-earnings ratio of 61.6 and facing potential challenges in maintaining its growth trajectory.
Source: YAHOO