The Vita Coco Company, Inc. (COCO)
NASDAQ: COCO · IEX Real-Time Price · USD
26.41
+0.15 (0.57%)
At close: May 17, 2024, 4:00 PM
26.89
+0.48 (1.82%)
After-hours: May 17, 2024, 7:40 PM EDT
Stock Price Forecast
The 6 analysts with 12-month price forecasts for COCO stock have an average target of 29.5, with a low estimate of 28 and a high estimate of 33. The average target predicts an increase of 11.70% from the current stock price of 26.41.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $28 | $29.5 | $29 | $33 |
| Change | +6.02% | +11.70% | +9.81% | +24.95% |
* Price targets were last updated on Feb 29, 2024.
Analyst Ratings
The average analyst rating for COCO stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 3 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 9 | 9 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $24 → $28 | Buy | Maintains | $24 → $28 | +6.02% | Feb 29, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $32 → $28 | Strong Buy | Maintains | $32 → $28 | +6.02% | Jan 31, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $32 → $28 | Strong Buy | Maintains | $32 → $28 | +6.02% | Jan 30, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $31 → $24 | Buy | Maintains | $31 → $24 | -9.13% | Jan 26, 2024 |
| William Blair | William Blair | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 22, 2024 |
Financial Forecast
Revenue This Year
513.49M
from 493.61M
Increased by 4.03%
from 493.61M
Revenue Next Year
567.29M
from 513.49M
Increased by 10.48%
from 513.49M
EPS This Year
0.90
from 0.79
Increased by 14.34%
from 0.79
EPS Next Year
1.06
from 0.90
Increased by 17.06%
from 0.90
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 283.95M | 310.64M | 379.51M | 427.79M | 493.61M | 513.49M | 567.29M | 632.44M |
| Revenue Growth | - | 9.40% | 22.17% | 12.72% | 15.39% | 4.03% | 10.48% | 11.48% |
| EPS | 0.16 | 0.56 | 0.35 | 0.14 | 0.79 | 0.90 | 1.06 | 1.20 |
| EPS Growth | - | 250.00% | -37.50% | -60.00% | 464.29% | 14.34% | 17.06% | 13.58% |
| No. Analysts | - | - | - | - | - | 12 | 12 | 6 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 530.8M | 603.5M | 687.6M |
| Avg | 513.5M | 567.3M | 632.4M |
| Low | 487.6M | 529.5M | 568.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.5% | 17.5% | 21.2% |
| Avg | 4.0% | 10.5% | 11.5% |
| Low | -1.2% | 3.1% | 0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.01 | 1.21 | 1.41 |
| Avg | 0.90 | 1.06 | 1.20 |
| Low | 0.79 | 0.92 | 1.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.6% | 33.7% | 33.1% |
| Avg | 14.3% | 17.1% | 13.6% |
| Low | 0.5% | 2.0% | -1.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
