CELH
Celsius Holdings, Inc.
CELH has the edge over LINC overall, supported by stronger valuation and stronger fundamentals.
LINC
Lincoln Educational Services Corporation
LINC has lower modeled downside risk, despite its lower overall score.
CELH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Strong |
CELH's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
LINC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Strong |
LINC's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
CELH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 21x | $31.89 | — |
| Current | 35x | $31.89 | — |
| Cheap | 40x | $35.95 | +13% |
| Fair | 141x | $127 | +299% |
| Expensive | 650x | $585 | +1735% |
Historical ranges are pointers, not guarantees.
CELH has the edge over LINC in the historical PE scenario, which offers more potential upside but is not a forecast.
LINC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.5x | $4.90 | -79% |
| Fair | 17x | $13.06 | -43% |
| Forward | 22x | $22.98 | — |
| Current | 30x | $22.98 | — |
| Expensive | 55x | $41.63 | +81% |
Historical ranges are pointers, not guarantees.
LINC's PE is in its fair range at 30x. If earnings grow as analysts expect, today's price would be 22x next year's earnings.
CELH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for CELH, with profitability improving. However, they disagree widely on these estimates.
LINC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for LINC, with profitability improving.
CELH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.53 | +70% |
| Q3 2026 | $0.90 | +718% |
| Q2 2026 | $0.24 | -37% |
| Q1 2026 | $0.43 | +30% |
| Q4 2025 | $0.25 | -44% |
| Q3 2025 | $0.11 | -85% |
| Q2 2025 | $0.38 | -62% |
| Q1 2025 | $0.33 | -64% |
| Q4 2024 | $0.45 | -42% |
CELH earned $0.90 per share over the past year, about eight times what it earned the year before.
LINC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.03 | +35% |
| Q3 2026 | $0.76 | +69% |
| Q2 2026 | $0.73 | +59% |
| Q1 2026 | $0.72 | +85% |
| Q4 2025 | $0.64 | +100% |
| Q3 2025 | $0.45 | +45% |
| Q2 2025 | $0.46 | +84% |
| Q1 2025 | $0.39 | -54% |
| Q4 2024 | $0.32 | -62% |
LINC has the edge over CELH on earnings, with more consistent year-over-year improvement.
CELH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $847.2M | +17% |
| Q2 2026 | $817.9M | +11% |
| Q1 2026 | $782.6M | +138% |
| Q4 2025 | $721.6M | +117% |
| Q3 2025 | $725.1M | +173% |
| Q2 2025 | $739.3M | +84% |
| Q1 2025 | $329.3M | -7.4% |
| Q4 2024 | $332.2M | -4.4% |
CELH's revenue has grown year over year for six quarters in a row: $847M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +31 points |
| Q2 2026 | 9.2% | -10 points |
| Q1 2026 | 18% | +2 points |
| Q4 2025 | 3.6% | +9.2 points |
| Q3 2025 | -11% | -9.8 points |
| Q2 2025 | 19% | -4.1 points |
| Q1 2025 | 16% | -7.6 points |
| Q4 2024 | -5.6% | -23 points |
CELH has the edge over LINC on profitability, with a higher operating margin.
LINC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $159.2M | +13% |
| Q2 2026 | $142.6M | +22% |
| Q1 2026 | $144M | +23% |
| Q4 2025 | $142.9M | +20% |
| Q3 2025 | $141.4M | +24% |
| Q2 2025 | $116.5M | +13% |
| Q1 2025 | $117.5M | +14% |
| Q4 2024 | $119.4M | +16% |
LINC's revenue has grown year over year every quarter since late 2020: $159M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.8% | +0.4 points |
| Q2 2026 | 2.3% | -0.2 points |
| Q1 2026 | 4.5% | +1.6 points |
| Q4 2025 | 12% | +3.3 points |
| Q3 2025 | 4.5% | -0.6 points |
| Q2 2025 | 2.5% | +3.6 points |
| Q1 2025 | 2.9% | +3.3 points |
| Q4 2024 | 9.2% | +0.4 points |
LINC's operating margin was 4.8% last quarter, about level with the same quarter a year ago.
CELH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $127.7M | -60% |
| Q2 2026 | $205.5M | +479% |
| Q1 2026 | $65.8M | -32% |
| Q4 2025 | -$130M | -285% |
| Q3 2025 | $321.5M | +3599% |
| Q2 2025 | $35.5M | +17% |
| Q1 2025 | $96.4M | -26% |
| Q4 2024 | $70.3M | +16394% |
CELH still generates free cash flow, though less than at its 2025 peak: $269M over the past year.
LINC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.4M | -265% |
| Q2 2026 | $7.6M | +$33.7M |
| Q1 2026 | -$10.1M | +$18.2M |
| Q4 2025 | $25M | +352% |
| Q3 2025 | $2M | +$15.8M |
| Q2 2025 | -$26.1M | -$23.4M |
| Q1 2025 | -$28.3M | -$11.6M |
| Q4 2024 | $5.5M | -44% |
LINC's free cash flow has turned positive after three years mostly in the red: $19M over the past year.
CELH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -2M shares |
| 1 year | -1.1% | -2.9M shares |
| 3 years | +7.4% | +17.6M shares |
| 5 years | +8.3% | +19.5M shares |
| Available history | +32% | +62.4M shares |
CELH has the edge over LINC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $300,000 |
| Q2 2026 | $1M |
| Q1 2026 | $8.8M |
| Q4 2025 | $2.5M |
| Q3 2025 | $448,000 |
| Q2 2025 | $879,000 |
| Q1 2025 | $1.9M |
| Q4 2024 | $603,000 |
CELH spent $13M buying back its own shares over the past year, about three times what it spent the year before.
LINC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +5.2K shares |
| 1 year | +0.5% | +153K shares |
| 3 years | +3.4% | +1M shares |
| 5 years | +25% | +6.3M shares |
| Available history | +28% | +6.9M shares |
LINC has 31M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | $335,000 |
| Q1 2023 | $556,000 |
CELH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | -7.3x | Net Cash |
| Q4 2024 | -5.5x | Net Cash |
CELH has the edge over LINC on leverage, with a lower net debt burden relative to earnings.
LINC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.2x | Net Cash |
| Q4 2025 | -0.6x | Net Cash |
| Q3 2025 | -0.1x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.9x | Net Cash |
| Q4 2024 | -2.2x | Net Cash |
LINC's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago.
CELH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.3 | Neutral |
| Stochastic | 56.8 | Neutral |
CELH's weekly RSI is 51 (neutral) and its Stochastic is 57 (neutral).
LINC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.2 | Neutral |
| Stochastic | 11.6 | Oversold |
LINC's weekly RSI is 39 (neutral) and its Stochastic is 12 (oversold).
CELH PE vs Consumer Defensive Sector
| Metric | CELH | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 19x | 82% above |
| PE % | 11 | 18 | 7 pts below |
CELH is trading at 35x earnings, a 82% premium to the Consumer Defensive sector's median of 19x.
LINC PE vs Consumer Defensive Sector
| Metric | LINC | Sector median | Relative |
|---|---|---|---|
| PE | 30x | 19x | 55% above |
| PE % | 64 | 18 | 46 pts above |
LINC has the edge over CELH on valuation relative to its sector.
CELH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.1 | 9.4% above |
| 20 week MA | $29.6 | 7.8% above |
| 50 week MA | $36.1 | 12% below |
| 100 week MA | $38.8 | 18% below |
| 200 week MA | $44.6 | 29% below |
CELH has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 29% below its 200-week average.
LINC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $21.6 | 6.2% above |
| 20 week MA | $30.2 | 24% below |
| 50 week MA | $33.7 | 32% below |
| 100 week MA | $26.5 | 13% below |
| 200 week MA | $18.1 | 27% above |
LINC's trend is mixed: it's above two of its five weekly moving averages, and 27% above its 200-week average.
CELH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.58 | $14.7 | +832% |
| 2021 | $14.7 | $24.9 | +69% |
| 2022 | $24.9 | $35.6 | +43% |
| 2023 | $35.6 | $54.5 | +53% |
| 2024 | $54.5 | $26.5 | -51% |
| 2025 | $26.5 | $45.6 | +72% |
| 2026 YTD | $45.6 | $31.9 | -30% |
CELH's yearly returns have swung widely, from +832% in 2020 to −51% in 2024. It's down 30% so far in 2026.
LINC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.12 | $6.78 | +220% |
| 2021 | $6.78 | $7.53 | +11% |
| 2022 | $7.53 | $5.55 | -26% |
| 2023 | $5.55 | $10.0 | +81% |
| 2024 | $10.0 | $15.4 | +54% |
| 2025 | $15.4 | $24.8 | +61% |
| 2026 YTD | $24.8 | $23.0 | -7.5% |
LINC has the edge over CELH on returns for 2026, with the stronger performance.