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Truist upgrades Celsius Holdings Inc (CELH) rating to a Buy

Celsius Holdings Inc’s recently made public that its Director Russell Joyce unloaded Company’s shares for reported $0.11 million on Mar 11 ’25. In the deal valued at $28.47 per share,4,000 shares were sold. As a result of this transaction, Russell Joyce now holds 19,106 shares worth roughly $0.68 million.

Then, Levy Caroline S sold 70,000 shares, generating $1,878,800 in total proceeds. Upon selling the shares at $26.84, the Director now owns 42,756 shares.

Before that, Russell Joyce bought 4,000 shares. Celsius Holdings Inc shares valued at $113,890 were divested by the Director at a price of $28.47 per share.

Truist upgraded its Celsius Holdings Inc [CELH] rating to a Buy from a a Hold in a research note published on March 31, 2025; the price target was increased to $45 from $35. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who remained covering the stock and in late January has reiterated a ‘”an Overweight”‘ rating for it. TD Cowen also remained covering CELH and has decreased its forecast on January 22, 2025 with a “Hold” recommendation from previously “Buy” rating. Jefferies maintained its rating on December 19, 2024. It rated CELH as “a Buy”.

Price Performance Review of CELH

On Tuesday, Celsius Holdings Inc [NASDAQ:CELH] saw its stock jump 0.31% to $35.73. Over the last five days, the stock has gained 1.33%. Celsius Holdings Inc shares have risen nearly 35.65% since the year began. Nevertheless, the stocks have fallen -56.91% over the past one year. While a 52-week high of $98.85 was reached on 04/01/25, a 52-week low of $21.10 was recorded on 02/12/25. SMA at 50 days reached $27.30, while 200 days put it at $34.56.

Levels Of Support And Resistance For CELH Stock

The 24-hour chart illustrates a support level at 35.08, which if violated will result in even more drops to 34.42. On the upside, there is a resistance level at 36.83. A further resistance level may holdings at 37.93. The Relative Strength Index (RSI) on the 14-day chart is 68.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.48, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.81%. Stochastics %K at 85.08% indicates the stock is a selling.

How much short interest is there in Celsius Holdings Inc?

A steep rise in short interest was recorded in Celsius Holdings Inc stocks on 2025-03-14, dropping by -10.75 million shares to a total of 28.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 39.14 million shares. There was a decline of -37.86%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on December 12, 2024 when JP Morgan began covering the stock and recommended ‘”an Overweight”‘ rating along with a $37 price target.

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