What is Zacks Research’s Forecast for Copa FY2028 Earnings?

Copa Holdings, S.A. (NYSE:CPA) – Research analysts at Zacks Research issued their FY2028 EPS estimates for Copa in a research note issued to investors on Tuesday, February 24th. Zacks Research analyst Team expects that the transportation company will post earnings of $21.09 per share for the year. The consensus estimate for Copa’s current full-year earnings is $15.48 per share.

Copa (NYSE:CPA) last announced its quarterly earnings data on Wednesday, February 11th. The transportation company reported $4.18 EPS for the quarter, missing analysts’ consensus estimates of $4.44 by ($0.26). Copa had a return on equity of 25.62% and a net margin of 18.57%.The firm had revenue of $962.89 million during the quarter, compared to the consensus estimate of $959.22 million. During the same quarter in the prior year, the business posted $3.99 EPS. Copa’s revenue was up 9.6% compared to the same quarter last year.

A number of other equities research analysts have also recently issued reports on CPA. Itau BBA Securities initiated coverage on shares of Copa in a research report on Sunday, November 30th. They set a “market perform” rating for the company. The Goldman Sachs Group lowered shares of Copa from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $150.00 to $151.00 in a report on Thursday, February 12th. Raymond James Financial set a $164.00 target price on shares of Copa and gave the company a “strong-buy” rating in a research note on Monday, November 3rd. Barclays increased their price target on Copa from $150.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Finally, Evercore reissued an “outperform” rating and issued a $185.00 price objective on shares of Copa in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Copa has a consensus rating of “Moderate Buy” and an average target price of $167.75.

Copa Stock Performance

Shares of NYSE CPA opened at $138.46 on Thursday. The firm has a market capitalization of $5.70 billion, a price-to-earnings ratio of 8.51, a PEG ratio of 0.97 and a beta of 0.92. Copa has a one year low of $82.54 and a one year high of $156.41. The business has a fifty day simple moving average of $135.69 and a 200 day simple moving average of $125.78. The company has a current ratio of 1.23, a quick ratio of 1.13 and a debt-to-equity ratio of 0.65.

Copa Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be paid a $1.71 dividend. This is an increase from Copa’s previous quarterly dividend of $1.61. The ex-dividend date of this dividend is Friday, February 27th. This represents a $6.84 annualized dividend and a dividend yield of 4.9%. Copa’s payout ratio is 39.58%.

Institutional Investors Weigh In On Copa

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Virtu Financial LLC bought a new position in Copa in the fourth quarter valued at about $417,000. Corient Private Wealth LLC lifted its position in Copa by 23.6% during the 4th quarter. Corient Private Wealth LLC now owns 6,456 shares of the transportation company’s stock valued at $779,000 after purchasing an additional 1,232 shares during the period. Mercer Global Advisors Inc. ADV bought a new position in shares of Copa in the 4th quarter valued at about $335,000. Empowered Funds LLC acquired a new stake in shares of Copa during the 4th quarter worth approximately $29,000. Finally, XTX Topco Ltd bought a new stake in shares of Copa during the fourth quarter worth approximately $521,000. Institutional investors own 70.09% of the company’s stock.

Key Copa News

Here are the key news stories impacting Copa this week:

• Positive Sentiment: Zacks Research has raised multiple near‑term and full‑year EPS forecasts (several quarters and FY2026/FY2027), which supports higher forward earnings expectations and may attract value/momentum buyers.
• Positive Sentiment: Wall Street price‑target activity remains above the current share price (median targets cited around the $170–$185 area in recent coverage), giving upside to investors focused on analyst targets. QuiverQuant: Annual Report & analyst summary
• Neutral Sentiment: Copa filed its annual Form 20‑F for fiscal 2025 (audited financials available). Filing increases transparency but is routine; it’s not a driver of a major price move by itself. GlobeNewswire: Form 20-F filing
• Neutral Sentiment: Zacks published style‑score pieces highlighting CPA as both a strong momentum and a strong value stock — useful for some investors but informational rather than a near‑term catalyst. Zacks: Momentum piece Zacks: Value piece
• Neutral Sentiment: Recent coverage includes valuation assessments and diverging analyst views — helpful context for medium‑term investors but not a single clear catalyst. Yahoo Finance: Valuation after diverging analyst views
• Negative Sentiment: The annual Russell 1000 reconstitution/update can trigger index‑related trading (forced buying or selling by funds). Coverage flagged a valuation check tied to today’s Russell 1000 changes — uncertainty around inclusion/weighting can pressure shares intraday. KalkineMedia: Russell 1000 index update
• Negative Sentiment: Copa’s most recent quarter missed EPS consensus (reported in February), and some Zacks line‑items show small downward revisions for Q1/Q4 2027 — these mixed signals can push short‑term sellers and lower investor confidence.

Copa Company Profile

Copa Holdings, SA (NYSE:CPA) is a Panama‐based aviation holding company that provides passenger and cargo air transportation across the Americas and the Caribbean. Through its principal subsidiary, Copa Airlines, the company operates a modern fleet of Boeing 737 aircraft, offering scheduled flights that connect passengers through its Tocumen International Airport hub in Panama City. The company also offers dedicated cargo services under the Copa Cargo brand, leveraging belly hold capacity on its passenger flights to transport freight throughout its network.

The roots of Copa Holdings trace back to 1947, when Compañía Panameña de Aviación began operations as the flag carrier of Panama.