This Is What Whales Are Betting On Celsius Holdings
Portfolio Pulse from Benzinga Insights
Investors have shown a bullish stance on Celsius Holdings (NASDAQ:CELH), with unusual options activity indicating a split sentiment of 55% bullish and 44% bearish. The options trades suggest a price window of $48.33 to $125.0 for CELH. The company, known for its energy drinks, has a significant market presence in North America and a strategic distribution agreement with PepsiCo. Despite a recent price drop of -2.84% to $87.0, professional analysts have set an average price target of $88.8, with ratings ranging from Buy to Equal-Weight.
March 19, 2024 | 7:31 pm
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Celsius Holdings sees bullish investor sentiment with unusual options activity, suggesting a potential price movement. Analysts maintain positive ratings with an average target of $88.8.
The bullish sentiment among investors, indicated by the unusual options activity, alongside positive analyst ratings, suggests a potential short-term price increase for CELH. The strategic partnership with PepsiCo and the company's strong market presence further support this outlook.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100