Vita Coco (NASDAQ:COCO) Shares Gap Up Following Strong Earnings

Vita Coco Company, Inc. (NASDAQ:COCO)’s stock price gapped up before the market opened on Thursday after the company announced better than expected quarterly earnings. The stock had previously closed at $74.45, but opened at $77.92. Vita Coco shares last traded at $70.7120, with a volume of 402,994 shares changing hands.

The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.26. The business had revenue of $216.15 million for the quarter, compared to analyst estimates of $210.64 million. Vita Coco had a net margin of 12.59% and a return on equity of 25.43%. The firm’s revenue for the quarter was up 28.1% on a year-over-year basis. During the same quarter last year, the business posted $0.38 EPS.

Key Vita Coco News

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

• Positive Sentiment: Vita Coco posted better-than-expected Q2 results, with EPS of $0.82 versus $0.56 expected and revenue of $216.15 million above estimates, helped by 28.1% year-over-year sales growth. The Vita Coco Company Reports Second Quarter 2026 Financial Results and Raises Full Year Guidance
• Positive Sentiment: The company raised FY2026 guidance, now projecting net sales of $790 million to $805 million and adjusted EBITDA of $154 million to $161 million, signaling management confidence in continued demand. The Vita Coco Company Reports Second Quarter 2026 Financial Results and Raises Full Year Guidance
• Positive Sentiment: Vita Coco also announced the acquisition of Copra, which expands its share in coconut water and adds exposure to the super-premium segment, a potential long-term growth driver. The Vita Coco Company Announces the Acquisition of Copra, Inc.
• Neutral Sentiment: Several analysts highlighted COCO’s strong growth, international expansion, and asset-light business model, but also noted that the stock already trades at a premium after a big 2026 rally. Is Vita Coco Stock Still Worth Buying After its Big Run-Up in 2026?
• Negative Sentiment: Despite the strong fundamentals, the stock appears to be under pressure from valuation concerns and profit-taking, with some commentary noting that the market may be focusing less on the beat itself and more on the already elevated expectations. Vita Coco crushed earnings but the stock is falling anyway

Wall Street Analysts Forecast Growth

COCO has been the topic of several recent analyst reports. Weiss Ratings upgraded Vita Coco from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Jefferies Financial Group upped their price objective on Vita Coco from $63.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Zacks Research lowered Vita Coco from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Morgan Stanley set a $65.00 target price on Vita Coco in a research report on Thursday, April 30th. Finally, Wells Fargo & Company boosted their target price on Vita Coco from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Vita Coco presently has a consensus rating of “Moderate Buy” and an average price target of $73.71.

Insider Transactions at Vita Coco

In other Vita Coco news, Director Ira Liran sold 96,158 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $79.14, for a total value of $7,609,944.12. Following the completion of the transaction, the director directly owned 476,421 shares in the company, valued at approximately $37,703,957.94. This trade represents a 16.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Martin Roper sold 25,000 shares of Vita Coco stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $50.00, for a total value of $1,250,000.00. Following the sale, the chief executive officer directly owned 298,484 shares in the company, valued at $14,924,200. The trade was a 7.73% decrease in their ownership of the stock. 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. Insiders sold 571,950 shares of company stock worth $42,461,695 in the last 90 days. 12.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Vita Coco

Several hedge funds have recently added to or reduced their stakes in COCO. Caitong International Asset Management Co. Ltd increased its position in Vita Coco by 2,636.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 520 shares of the company’s stock valued at $28,000 after acquiring an additional 501 shares during the period. Quarry LP lifted its holdings in shares of Vita Coco by 12,633.3% during the third quarter. Quarry LP now owns 764 shares of the company’s stock worth $32,000 after purchasing an additional 758 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Vita Coco by 5,376.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock worth $49,000 after purchasing an additional 1,344 shares during the period. GAMMA Investing LLC grew its stake in shares of Vita Coco by 25.0% in the fourth quarter. GAMMA Investing LLC now owns 1,134 shares of the company’s stock worth $60,000 after purchasing an additional 227 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in shares of Vita Coco by 265.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,319 shares of the company’s stock worth $70,000 after purchasing an additional 958 shares during the last quarter. 88.49% of the stock is currently owned by institutional investors and hedge funds.

Vita Coco Price Performance

The firm has a market capitalization of $3.96 billion, a price-to-earnings ratio of 50.64, a P/E/G ratio of 1.78 and a beta of 0.77. The stock has a fifty day moving average of $75.57 and a two-hundred day moving average of $62.33.

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.