Vita Coco (NASDAQ:COCO) Stock Price Expected to Rise, Piper Sandler Analyst Says

Vita Coco (NASDAQ:COCO) had its price objective hoisted by analysts at Piper Sandler from $74.00 to $89.00 in a note issued to investors on Friday, Marketbeat reports. The brokerage presently has an “overweight” rating on the stock. Piper Sandler’s price objective would indicate a potential upside of 34.91% from the company’s current price.

Several other equities research analysts have also recently weighed in on the company. Weiss Ratings raised Vita Coco from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Morgan Stanley set a $65.00 price objective on Vita Coco in a research note on Thursday, April 30th. Wells Fargo & Company upped their target price on Vita Coco from $75.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Citigroup reissued a “buy” rating on shares of Vita Coco in a research report on Tuesday, May 26th. Finally, Zacks Research lowered shares of Vita Coco from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $77.29.

Vita Coco Stock Down 4.9%

NASDAQ COCO opened at $65.97 on Friday. The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of 36.45, a PEG ratio of 1.58 and a beta of 0.77. Vita Coco has a twelve month low of $31.79 and a twelve month high of $85.83. The stock has a fifty day simple moving average of $75.33 and a 200 day simple moving average of $62.36.

Vita Coco (NASDAQ:COCO) last announced its earnings results on Thursday, July 23rd. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.56 by $0.26. The firm had revenue of $216.15 million for the quarter, compared to the consensus estimate of $210.64 million. Vita Coco had a return on equity of 31.09% and a net margin of 15.50%.The business’s quarterly revenue was up 28.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.38 EPS. Research analysts expect that Vita Coco will post 1.88 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Martin Roper sold 25,000 shares of Vita Coco stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $50.00, for a total value of $1,250,000.00. Following the completion of the transaction, the chief executive officer directly owned 298,484 shares of the company’s stock, valued at approximately $14,924,200. This trade represents a 7.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jonathan Burth sold 40,000 shares of the business’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $63.75, for a total value of $2,550,000.00. Following the completion of the transaction, the chief operating officer directly owned 57,910 shares in the company, valued at $3,691,762.50. This represents a 40.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 571,950 shares of company stock valued at $42,461,695. Insiders own 12.90% of the company’s stock.

Hedge Funds Weigh In On Vita Coco

Institutional investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Vita Coco by 2,636.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 520 shares of the company’s stock worth $28,000 after buying an additional 501 shares in the last quarter. Quarry LP grew its position in shares of Vita Coco by 12,633.3% during the 3rd quarter. Quarry LP now owns 764 shares of the company’s stock worth $32,000 after buying an additional 758 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Vita Coco by 5,376.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $49,000 after acquiring an additional 1,344 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Vita Coco by 25.0% in the 4th quarter. GAMMA Investing LLC now owns 1,134 shares of the company’s stock valued at $60,000 after acquiring an additional 227 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its stake in shares of Vita Coco by 265.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,319 shares of the company’s stock valued at $70,000 after acquiring an additional 958 shares in the last quarter. 88.49% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Vita Coco

Here are the key news stories impacting Vita Coco this week:

• Positive Sentiment: Vita Coco delivered a big Q2 beat, with earnings of $0.82 per share versus $0.56 expected and revenue of $216.15 million above estimates. The company also raised full-year 2026 guidance for net sales to $790 million-$805 million and adjusted EBITDA to $154 million-$161 million, signaling stronger momentum ahead. Article Title
• Positive Sentiment: The company announced the acquisition of Copra, a Thai Nam Hom coconut water producer, which should help Vita Coco expand into the fast-growing super-premium coconut water market and support category growth. Article Title
• Positive Sentiment: Analyst sentiment improved after the results, with Evercore raising its price target to $80 from $75 and Piper Sandler lifting its target to $89 from $74, reflecting confidence in continued upside. Article Title
• Neutral Sentiment: The company’s acquisition also comes with added execution complexity, and a newly highlighted manufacturing risk around in-house Copra production may make investors more cautious about integration and operational costs. Article Title

Vita Coco Company Profile

Vita Coco, Inc (NASDAQ: COCO) is a global beverage company specializing in coconut-based products. Founded in 2004 by Michael Kirban and Ira Liran, the company pioneered the introduction of refrigerated coconut water to U.S. consumers. Headquartered in New York City, Vita Coco sources coconuts from growers in tropical regions such as the Philippines, Indonesia and Brazil, partnering with local farmers to promote sustainable agriculture and community development.

The company’s flagship offering, Vita Coco Original Coconut Water, is available in multiple pack sizes and a variety of flavors.