The Vita Coco Company, Inc. (COCO)
NASDAQ: COCO · IEX Real-Time Price · USD
28.01
+0.14 (0.50%)
At close: Jul 2, 2024, 4:00 PM
27.40
-0.61 (-2.18%)
After-hours: Jul 2, 2024, 6:49 PM EDT
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 29.67, with a low estimate of 28 and a high estimate of 33. The average target predicts an increase of 5.93% from the current stock price of 28.01.
Analyst Consensus: Buy
* Price targets were last updated on May 23, 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Reiterates $31 | Buy | Reiterates | $31 | +10.67% | May 23, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $24 → $28 | Buy | Maintains | $24 → $28 | -0.04% | Feb 29, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $32 → $28 | Strong Buy | Maintains | $32 → $28 | -0.04% | Jan 31, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $32 → $28 | Strong Buy | Maintains | $32 → $28 | -0.04% | Jan 30, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $31 → $24 | Buy | Maintains | $31 → $24 | -14.32% | Jan 26, 2024 |
Financial Forecast
Revenue This Year
519.25M
from 493.61M
Increased by 5.19%
Revenue Next Year
572.49M
from 519.25M
Increased by 10.25%
EPS This Year
0.96
from 0.79
Increased by 21.04%
EPS Next Year
1.11
from 0.96
Increased by 15.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 538.8M | 608.9M | 693.6M | 764.4M | 856.8M |
| Avg | 519.3M | 572.5M | 636.0M | 742.6M | 832.3M |
| Low | 495.5M | 535.9M | 568.9M | 713.4M | 799.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.1% | 17.3% | 21.2% | 20.2% | 15.4% |
| Avg | 5.2% | 10.3% | 11.1% | 16.8% | 12.1% |
| Low | 0.4% | 3.2% | -0.6% | 12.2% | 7.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.05 | 1.30 | 1.52 |
| Avg | 0.96 | 1.11 | 1.28 |
| Low | 0.87 | 0.96 | 1.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.9% | 36.2% | 37.7% |
| Avg | 21.0% | 15.6% | 15.6% |
| Low | 10.4% | 0.4% | -6.0% |
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.