The Latest Breaking News from Celsius Holdings

Celsius Holdings, Inc. (NASDAQ:CELH) reported its second-quarter financial results before the opening bell on Thursday, Aug. 7. 

A vodka seltzer mix-up in Celsius cans prompts an FDA-backed recall and legal scrutiny, raising concerns about branding, safety, and supply chain accountability.

An unspecified number of cans labeled as Celsius Holdings Inc. (NASDAQ:CELH) energy drinks were accidentally filled with High Noon vodka seltzer before reaching stores, prompting a recall posted to the Food and Drug Administration's website.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Shares of Celsius Holdings Inc (NASDAQ:CELH) are soaring on Tuesday, up 5.9% at $45.37, and capping a remarkable 22% gain over the past month. The rally comes amid recent, bullish commentary from J.P. Morgan, which highlighted a significant acceleration in the U.S. energy drink market.

Celsius stock is climbing due to a favorable analyst upgrade and the successful completion of a strategic acquisition, which are expected to enhance growth.

While Celsius' Alani Nu acquisition signals a bold push for market dominance, is it a game-changer or a costly gamble for investors?

Celsius Holdings' stock surged after a strong earnings report and a major acquisition, signaling a potential resurgence for the energy drink maker.

The purchase price consideration comprises $1,275 million of cash and a $25 million earn-out and $500 million (or approximately 22.5 million shares) of newly issued restricted shares of Celsius Holdings common stock, representing approximately 8.7% pro-forma ownership.

Analyst rates CELH as Buy with $38 price target, expects revenue growth from rebounding market and zero-sugar demand, and improved inventory.

Investors with a lot of money to spend have taken a bearish stance on Celsius Holdings (NASDAQ:CELH).