Celsius Holdings Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Celsius Holdings (NASDAQ:CELH) has seen significant options trading activity, indicating a divided sentiment among large investors, with 50% bullish and 37% bearish. The trading suggests a price target range of $50 to $90. The company, known for its energy drinks, has a 20-year distribution deal with PepsiCo. Recent analyst ratings include a Buy from Stifel with a target of $85 and an Outperform from Wedbush with a target of $100. CELH's stock is currently at $75.73, with neutral RSI indicators and earnings expected imminently.
May 07, 2024 | 1:47 pm
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POSITIVE IMPACT
Celsius Holdings sees mixed options trading sentiment, with a price target range of $50-$90. Analysts rate it Buy to Outperform, with targets of $85-$100. Current price is $75.73.
The significant options trading activity, especially the bullish sentiment from 50% of the investors, combined with positive analyst ratings and a strategic partnership with PepsiCo, suggests a potential upside for CELH. The current price of $75.73, coupled with neutral RSI indicators, positions CELH for potential short-term growth, especially with earnings release imminent. The mixed sentiment in options trading, however, indicates volatility, hence the importance and confidence scores.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100