Is Celsius Holdings Stock Going to $30? 1 Wall Street Analyst Thinks So.

Core Viewpoint - An analyst has downgraded Celsius Holdings from "buy" to "sell" and significantly cut the price target from $45 to $30, indicating a potential 20% decline from the current price of approximately $36 [1][2]. Group 1: Analyst's Recommendation and Price Target - The downgrade reflects concerns over the stock's risk/reward profile after a recent rally, which followed a period of heavy selling [2]. - The new price target suggests a bearish outlook, anticipating a nearly 20% decrease in stock value [1]. Group 2: Company Fundamentals - Despite high gross margins and a strong balance sheet, there are worries about organic revenue growth, leading the analyst to favor more defensive beverage stocks with broader international exposure and higher dividends [3]. - The decline in short interest is seen as a negative factor, reducing the likelihood of a price-boosting short squeeze [2]. Group 3: Market Sentiment and Future Outlook - The stock was considered over-bought during the pandemic, and the market is still assessing a fair price for Celsius [4][5]. - A cautious approach is recommended, suggesting to wait for the stock price to stabilize before making investment decisions [5].