Celsius Holdings Inc. (NASDAQ: CELH) stock has experienced a significant surge in value following its recent stock split of 3-for-1. The split has resulted in a powerful upward momentum for the company’s shares. Celsius, known for its high-performance fitness drinks, has achieved an impressive compound annual growth rate of 90% over the past five years, making it one of the top-performing stocks in the market.

Piper Sandler Maintains Overweight Rating

Piper Sandler, a leading investment bank and institutional securities firm, has reaffirmed its Overweight rating on Celsius Holdings (NASDAQ: CELH). The firm has set a target stock price of $90.00, showcasing its confidence in the company’s future prospects. This endorsement by Piper Sandler further bolsters the positive sentiment surrounding Celsius.

Alternative Investment Success Story

While much of the attention in the market revolves around the well-known “Magnificent Seven” stocks, Celsius Holdings has quietly outperformed and delivered impressive returns to its investors. With its remarkable compound annual growth rate of 90% over the past five years, Celsius has proven to be a formidable business that consistently rewards its shareholders.

Continued Positive Momentum

In the latest trading session, Celsius Holdings Inc. closed at $84.64, indicating a 1% increase from the previous day’s closing price. This upward movement demonstrates the continued positive momentum behind the stock and reinforces the confidence of investors in the company’s future prospects.

Brokerage Recommendation Points Towards Celsius

Based on the average brokerage recommendation (ABR), Celsius Holdings Inc. (CELH) is considered a favorable investment choice. While there may be varying opinions on the matter, the consensus suggests that Celsius is worth considering for potential investors.

Short Iron Condor Spread Strategy

Considering the strong performance and the recent surge in Celsius stock, a short iron condor spread in options is a potential strategy to explore. This strategy takes advantage of the stock’s high-energy run and offers an opportunity to benefit from its continued upward momentum while managing risk effectively.

Still a Great Buy

With a 52% increase in value in 2024 alone, Celsius Holdings Inc. remains an attractive hypergrowth stock worth considering as an investment option. Despite its substantial growth, there is potential for further value appreciation, making Celsius a compelling choice for investors.

Favorable Brand Perception

A survey reveals that Celsius shares hold a favorable position in the market, particularly among teenage consumers. This positive brand perception augurs well for the company’s future sales and market presence, making Celsius a promising investment.

Wall Street Analysts Remain Optimistic

Wall Street analysts continue to have an optimistic outlook on Celsius Holdings (CELH). Their positive sentiment towards the stock indicates the potential for further growth and reinforces the belief that Celsius may still be a worthwhile buy despite its recent success.