From what 10 stock analysts predict, the share price for The Vita Coco Company, Inc. (COCO) might decrease by 6.52% in the next year. This is based on a 12-month average estimation for COCO. Price targets go from $30 to $36. The majority of stock analysts believe COCO is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 10 Wall Street analysts have assignedCOCO 6 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect The Vita Coco Company, Inc. to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on COCO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of COCO.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Eric Des Lauriers Craig-Hallum | Buy | $36 | Maintains | Oct 31, 2024 |
Michael Lavery Piper Sandler | Neutral | $28 | Downgrade | Jul 12, 2024 |
Chris Carey Wells Fargo | Overweight | $33 | Maintains | Jul 10, 2024 |
Bryan Spillane B of A Securities | Neutral | $30 | Maintains | Jul 10, 2024 |
Jim Salera Stephens & Co. | Overweight | $31 | Reiterates | May 23, 2024 |
Michael Lavery Piper Sandler | Overweight | $28 | Maintains | Feb 29, 2024 |
Bonnie Herzog Goldman Sachs | Buy | $28 | Maintains | Jan 31, 2024 |
Bonnie Herzog Goldman Sachs | Buy | $28 | Maintains | Jan 30, 2024 |
Michael Lavery Piper Sandler | Overweight | $24 | Maintains | Jan 26, 2024 |
Jon Andersen William Blair | Market Perform | Downgrade | Jan 22, 2024 | |
Kaumil Gajrawala Jefferies | Buy | $33 | Initiates | Nov 13, 2023 |
Michael Lavery Piper Sandler | Overweight | $35 | Maintains | Nov 1, 2023 |
Bryan Spillane B of A Securities | Neutral | $29 | Maintains | Oct 17, 2023 |
Eric Serotta Morgan Stanley | Equal-Weight | $29 | Initiates | Sep 19, 2023 |
Goldman Sachs | Buy | Maintains | Aug 3, 2023 | |
B of A Securities | Neutral | Downgrade | Aug 3, 2023 | |
Piper Sandler | Overweight | Maintains | Aug 3, 2023 | |
Jim Salera Stephens & Co. | Equal-Weight | $30 | Initiates | Jun 23, 2023 |
Eric Des Lauriers Craig-Hallum | Buy | $30 | Maintains | May 4, 2023 |
Chris Carey Wells Fargo | Overweight | $26 | Maintains | May 4, 2023 |
When did it IPO
2021
Staff Count
294
Country
United States
Sector/Industry
Consumer Defensive/Beverages - Non-Alcoholic
CEO
Mr. Martin F. Roper
Market Cap
$2.04B
In 2023, COCO generated $493.6M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that COCO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Vita Coco Company (COCO) is currently at a 52-week high. Investors are evaluating the company's fundamentals for potential future gains.
Why It Matters - Vita Coco reaching a 52-week high signals strong market performance, prompting analysis of fundamentals to gauge future growth potential and investment risks.
Summary - Vita Coco (NYSE: COCO) is launching a "Treats-mas" giveaway in December, offering 12 days of holiday prizes, including travel kits and tech, alongside a 12-pack of their coconut water.
Why It Matters - Vita Coco's holiday promotion may boost brand visibility and consumer engagement, potentially driving sales and enhancing market share during a key shopping season.
Summary - Vita Coco Company, Inc. (COCO) and Pilgrim's Pride (PPC) have shown performance metrics against their sector for the year. Specific performance details were not provided in the excerpt.
Why It Matters - Performance comparisons provide insights into market positioning, potential growth, and risk assessment, influencing investment decisions in Vita Coco and Pilgrim's Pride relative to their sectors.
Summary - Consumer staple stocks INGR, MKC, and COCO, known for their low beta, are considered stable investments during current market volatility.
Why It Matters - Low beta consumer staples like INGR, MKC, and COCO offer stability and lower risk during market volatility, attracting investors seeking safety and consistent returns.
Summary - Vita Coco Company (COCO) is currently at a 52-week high; investors are examining the company's fundamentals for potential future gains.
Why It Matters - Vita Coco's 52-week high indicates strong market performance, prompting investor interest in its fundamentals for potential future growth and sustainability.
Summary - Vita Coco Company, Inc. (COCO) and Pilgrim's Pride (PPC) have shown performance metrics relative to their sector in 2023. Detailed comparisons were not provided in the excerpt.
Why It Matters - Performance comparisons reveal how COCO and PPC are faring against their sector, impacting investor sentiment, potential stock valuations, and investment decisions.