Evercore Issues Positive Forecast for Vita Coco (NASDAQ:COCO) Stock Price

Vita Coco (NASDAQ:COCO) had its target price boosted by equities research analysts at Evercore from $75.00 to $80.00 in a report released on Friday. The firm currently has an “outperform” rating on the stock. Evercore’s price target indicates a potential upside of 15.32% from the company’s previous close.

COCO has been the topic of several other reports. Piper Sandler increased their target price on Vita Coco from $74.00 to $89.00 and gave the company an “overweight” rating in a research note on Friday. Weiss Ratings upgraded 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 report on Thursday, April 30th. Jefferies Financial Group lifted their price objective on Vita Coco from $63.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Wall Street Zen raised Vita Coco from a “sell” rating to a “buy” rating in a research report on Saturday, May 2nd. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Vita Coco has an average rating of “Moderate Buy” and a consensus target price of $77.29.

Vita Coco Stock Performance

Shares of NASDAQ COCO opened at $69.37 on Friday. The firm’s 50 day moving average price is $75.57 and its 200-day moving average price is $62.33. The company has a market cap of $3.96 billion, a PE ratio of 50.64, a P/E/G ratio of 1.78 and a beta of 0.77. Vita Coco has a 52-week low of $31.79 and a 52-week high of $85.83.

Vita Coco (NASDAQ:COCO) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.26. Vita Coco had a net margin of 12.59% and a return on equity of 25.43%. The company had revenue of $216.15 million during the quarter, compared to the consensus estimate of $210.64 million. During the same quarter last year, the firm earned $0.38 earnings per share. The firm’s quarterly revenue was up 28.1% compared to the same quarter last year. On average, analysts forecast that Vita Coco will post 1.77 earnings per share for the current fiscal year.

Insider Transactions at Vita Coco

In related news, COO Jonathan Burth sold 30,000 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $75.00, for a total transaction of $2,250,000.00. Following the completion of the sale, the chief operating officer owned 57,910 shares in the company, valued at approximately $4,343,250. This represents a 34.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ira Liran sold 74,232 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $80.29, for a total value of $5,960,087.28. Following the completion of the transaction, the director directly owned 309,871 shares in the company, valued at approximately $24,879,542.59. This represents a 19.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 571,950 shares of company stock worth $42,461,695. 12.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Vita Coco

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd grew its position in Vita Coco by 2,636.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 520 shares of the company’s stock valued at $28,000 after buying an additional 501 shares during the period. Quarry LP raised its position in Vita Coco by 12,633.3% in the third quarter. Quarry LP now owns 764 shares of the company’s stock worth $32,000 after acquiring an additional 758 shares during the period. EverSource Wealth Advisors LLC raised its position in Vita Coco by 5,376.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock worth $49,000 after acquiring an additional 1,344 shares during the period. GAMMA Investing LLC boosted its stake in shares of Vita Coco by 25.0% during the 4th quarter. GAMMA Investing LLC now owns 1,134 shares of the company’s stock worth $60,000 after acquiring an additional 227 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of Vita Coco by 265.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,319 shares of the company’s stock worth $70,000 after acquiring an additional 958 shares during the last quarter. Hedge funds and other institutional investors own 88.49% of the company’s stock.

Key Stories Impacting Vita Coco

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

• Positive Sentiment: Vita Coco reported second-quarter 2026 results that topped expectations, with EPS of $0.82 versus $0.56 expected and revenue of $216.15 million versus $210.64 million expected; sales rose 28.1% year over year, showing continued strong demand for coconut water. The Vita Coco Company Reports Second Quarter 2026 Financial Results and Raises Full Year Guidance
• Positive Sentiment: The company also raised full-year 2026 guidance, projecting net sales of $790 million to $805 million and higher adjusted EBITDA, which suggests management is confident the momentum can continue. The Vita Coco Company Reports Second Quarter 2026 Financial Results and Raises Full Year Guidance
• Positive Sentiment: Vita Coco announced the acquisition of Copra, a strategic move that expands its market share and gives it entry into the super-premium coconut water segment, potentially strengthening long-term growth. The Vita Coco Company Announces the Acquisition of Copra, Inc.
• Neutral Sentiment: Several analyst and commentary pieces highlighted the company’s strong growth, but also noted that the stock’s premium valuation could limit upside if execution slows. Vita Coco Stock Outlook Hinges on Demand, Expansion and Margins
• Negative Sentiment: A newly disclosed risk around shifting to in-house copra production may raise operational and financial complexity, which could pressure margins or increase execution risk. Vita Coco’s Shift to In-House Copra Production Raises Operational and Financial Risk

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.