Celsius: The Growth Story Is Far From Over

Celsius Holdings is initiated with a Buy rating despite a 50% stock decline over the past year. CELH maintains robust revenue growth, posting approximately 83% year-over-year gains, underscoring strong demand in the energy drink market. The stock trades at a 15-month forward P/E of 19x, a 27% premium to the sector median, yet fundamentals suggest room for rerating.