The Vita Coco Company, Inc. (COCO)
NASDAQ: COCO · IEX Real-Time Price · USD
24.43
+0.67 (2.82%)
Mar 28, 2024, 4:00 PM EDT - Market closed

The Vita Coco Company Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for COCO stock have an average target of 29.13, with a low estimate of 26 and a high estimate of 33. The average target predicts an increase of 19.24% from the current stock price of 24.43.

Analyst Consensus: Buy
Target Low Average Median High
Price $26 $29.13 $29 $33
Change +6.43% +19.24% +18.71% +35.08%

Analyst Ratings

The average analyst rating for COCO stock from 9 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 233333
Buy 322222
Hold 333444
Sell 000000
Strong Sell 000000
Total 888999

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$24$28
Buy Maintains $24$28 +14.61% Feb 29, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$32$28
Strong Buy Maintains $32$28 +14.61% Jan 31, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$32$28
Strong Buy Maintains $32$28 +14.61% Jan 30, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$31$24
Buy Maintains $31$24 -1.76% Jan 26, 2024
William Blair
William Blair
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jan 22, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
513.49M
from 493.61M
Increased by 4.03%
Revenue Next Year
567.29M
from 513.49M
Increased by 10.48%
EPS This Year
0.90
from 0.79
Increased by 14.34%
EPS Next Year
1.06
from 0.90
Increased by 17.06%
Year 2019202020212022202320242025202620272028
Revenue
283.95M310.64M379.51M427.79M493.61M513.49M567.29M632.44M737.46M830.28M
Revenue Growth
-9.40%22.17%12.72%15.39%4.03%10.48%11.48%16.61%12.59%
EPS
0.160.560.350.140.790.901.061.20--
EPS Growth
-250.00%-37.50%-60.00%464.29%14.34%17.06%13.58%--
No. Analysts -----1212633
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 530.8M 603.5M 687.6M 759.2M 854.7M
Avg 513.5M 567.3M 632.4M 737.5M 830.3M
Low 487.6M 529.5M 568.9M 708.5M 797.7M

Revenue Growth

Revenue Growth 20242025202620272028
High
7.5%
17.5%
21.2%
20.0%
15.9%
Avg
4.0%
10.5%
11.5%
16.6%
12.6%
Low
-1.2%
3.1%
0.3%
12.0%
8.2%

EPS Forecast

EPS 202420252026
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 202420252026
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.