Vita Coco (NASDAQ:COCO) Issues Earnings Results, Beats Estimates By $0.26 EPS

Vita Coco (NASDAQ:COCO) released its earnings results on Thursday. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.26, Zacks reports. The firm had revenue of $216.15 million during the quarter, compared to analysts’ expectations of $210.64 million. Vita Coco had a return on equity of 31.09% and a net margin of 15.50%.The company’s revenue was up 28.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.38 EPS.

Here are the key takeaways from Vita Coco’s conference call:

• Q2 net sales rose 28% to $216 million, driven by 21% growth in Vita Coco coconut water and 83% growth in private label. Management said brand momentum remained strong in the U.S. and internationally.
• Profitability improved sharply, with gross margin expanding to 49% from 36% last year and adjusted EBITDA rising to $67 million, or 31% of sales. The company also reported $49 million of net income, or $0.82 per share.
• Vita Coco raised full-year 2026 guidance to $790 million-$805 million in net sales and $154 million-$161 million in adjusted EBITDA. The upgrade reflects stronger core trends, tariff refunds, and the newly acquired Copra business.
• The Copra acquisition expands Vita Coco into the super-premium chilled coconut water segment, giving it access to Nam Hom sourcing and a Thailand manufacturing base. Management said the deal is meant to strengthen long-term supply, capacity, and future brand-building in a faster-growing niche.
• Cost pressure is expected to build in the second half from higher freight, packaging, domestic logistics, and energy costs, with margin headwinds likely to hit in Q3 and Q4. Management also noted the Philippine earthquake caused a temporary shutdown and lost production at one factory, though the impact was limited.

Vita Coco Price Performance

Vita Coco stock opened at $65.97 on Friday. The firm has a 50-day moving average of $75.33 and a 200-day moving average of $62.36. Vita Coco has a one year low of $31.79 and a one year high of $85.83. The company has a market cap of $3.77 billion, a price-to-earnings ratio of 36.45, a P/E/G ratio of 1.66 and a beta of 0.77.

More Vita Coco News

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

• Positive Sentiment: Vita Coco delivered a big Q2 beat, with earnings of $0.82 per share versus $0.56 expected and revenue of $216.15 million above estimates. The company also raised full-year 2026 guidance for net sales to $790 million-$805 million and adjusted EBITDA to $154 million-$161 million, signaling stronger momentum ahead. Article Title
• Positive Sentiment: The company announced the acquisition of Copra, a Thai Nam Hom coconut water producer, which should help Vita Coco expand into the fast-growing super-premium coconut water market and support category growth. Article Title
• Positive Sentiment: Analyst sentiment improved after the results, with Evercore raising its price target to $80 from $75 and Piper Sandler lifting its target to $89 from $74, reflecting confidence in continued upside. Article Title
• Neutral Sentiment: The company’s acquisition also comes with added execution complexity, and a newly highlighted manufacturing risk around in-house Copra production may make investors more cautious about integration and operational costs. Article Title

Analyst Upgrades and Downgrades

COCO has been the topic of a number of research reports. Weiss Ratings upgraded Vita Coco from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. Morgan Stanley set a $65.00 price objective on Vita Coco in a report on Thursday, April 30th. Piper Sandler lifted their target price on Vita Coco from $74.00 to $89.00 and gave the company an “overweight” rating in a research report on Friday. Wells Fargo & Company boosted their target price on Vita Coco from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Finally, Jefferies Financial Group upped their price target on Vita Coco from $63.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $77.29.

Insider Buying and Selling

In related news, Director Ira Liran sold 74,232 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $80.29, for a total transaction of $5,960,087.28. Following the completion of the transaction, the director directly owned 309,871 shares of the company’s stock, valued at approximately $24,879,542.59. This represents a 19.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jonathan Burth sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $75.00, for a total value of $2,250,000.00. Following the completion of the transaction, the chief operating officer owned 57,910 shares of the company’s stock, valued at approximately $4,343,250. This represents a 34.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 571,950 shares of company stock worth $42,461,695 in the last three months. Insiders own 12.90% of the company’s stock.

Institutional Investors Weigh In On Vita Coco

Several large investors have recently made changes to their positions in the stock. Invesco Ltd. grew its stake in shares of Vita Coco by 13.9% in the fourth quarter. Invesco Ltd. now owns 50,206 shares of the company’s stock valued at $2,661,000 after buying an additional 6,115 shares in the last quarter. Vident Advisory LLC bought a new stake in Vita Coco during the fourth quarter worth $284,000. Fuller & Thaler Asset Management Inc. bought a new stake in Vita Coco during the fourth quarter worth $73,242,000. Empowered Funds LLC acquired a new stake in Vita Coco in the fourth quarter valued at $583,000. Finally, Zacks Investment Management acquired a new stake in Vita Coco in the fourth quarter valued at $333,000. Institutional investors and hedge funds own 88.49% of the company’s stock.

About Vita Coco

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.