The Vita Coco Company, Inc. (COCO)
NASDAQ: COCO · Real-Time Price · USD
35.86
+0.22 (0.62%)
Dec 20, 2024, 4:00 PM EST - Market closed
The Vita Coco Company Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for COCO stock have an average target of 32.33, with a low estimate of 28 and a high estimate of 38. The average target predicts a decrease of -9.84% from the current stock price of 35.86.
Analyst Consensus: Buy
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold Maintains $30 → $38 | Hold | Maintains | $30 → $38 | +5.97% | Dec 6, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $33 → $36 | Strong Buy | Maintains | $33 → $36 | +0.39% | Oct 31, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $29 → $28 | Buy → Hold | Downgrades | $29 → $28 | -21.92% | Jul 12, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $27 → $30 | Hold | Maintains | $27 → $30 | -16.34% | Jul 10, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $30 → $33 | Buy | Maintains | $30 → $33 | -7.98% | Jul 10, 2024 |
Financial Forecast
Revenue This Year
519.75M
from 493.61M
Increased by 5.30%
Revenue Next Year
580.14M
from 519.75M
Increased by 11.62%
EPS This Year
0.97
from 0.79
Increased by 22.34%
EPS Next Year
1.14
from 0.97
Increased by 17.55%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 540.7M | 603.8M | 683.0M | |||
| Avg | 519.8M | 580.1M | 644.7M | |||
| Low | 495.1M | 552.6M | 606.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 9.5% | 16.2% | 17.7% | |||
| Avg | 5.3% | 11.6% | 11.1% | |||
| Low | 0.3% | 6.3% | 4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.06 | 1.33 | 1.48 |
| Avg | 0.97 | 1.14 | 1.38 |
| Low | 0.90 | 0.99 | 1.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 34.2% | 38.0% | 30.4% |
| Avg | 22.3% | 17.5% | 21.7% |
| Low | 14.1% | 2.4% | 9.6% |
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.