Vita Coco (NASDAQ:COCO) Releases Earnings Results, Beats Expectations By $0.26 EPS

Vita Coco (NASDAQ:COCO) released its quarterly earnings data on Thursday. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.26, Zacks reports. Vita Coco had a net margin of 12.59% and a return on equity of 25.43%. The firm had revenue of $216.15 million for the quarter, compared to analyst estimates of $210.64 million. During the same quarter in the prior year, the business earned $0.38 earnings per share. Vita Coco’s quarterly revenue was up 28.1% on a year-over-year basis.

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

Shares of NASDAQ COCO traded down $5.53 during midday trading on Thursday, hitting $68.92. 833,358 shares of the company’s stock were exchanged, compared to its average volume of 1,210,415. Vita Coco has a twelve month low of $31.79 and a twelve month high of $85.83. The firm has a market cap of $3.94 billion, a P/E ratio of 50.31, a PEG ratio of 1.81 and a beta of 0.77. The stock’s 50 day moving average price is $75.72 and its 200-day moving average price is $62.22.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Morgan Stanley set a $65.00 target price on Vita Coco in a research note on Thursday, April 30th. Weiss Ratings raised Vita Coco from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. Piper Sandler raised their price target on Vita Coco from $70.00 to $74.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. Zacks Research lowered Vita Coco from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Jefferies Financial Group increased their target price 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 research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Vita Coco presently has an average rating of “Moderate Buy” and an average target price of $71.00.

Key Headlines Impacting Vita Coco

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

• Positive Sentiment: Second-quarter earnings beat expectations, with Vita Coco reporting EPS of $0.82 versus the $0.56 consensus and revenue of $216.15 million above estimates, signaling stronger-than-expected demand and profitability. Vita Coco Q2 2026 Press Release
• Positive Sentiment: The company raised full-year 2026 revenue guidance to $790 million-$805 million, well above the Wall Street forecast of about $736.2 million, reinforcing expectations for continued growth. Vita Coco Raises Full Year Guidance
• Positive Sentiment: Management said net sales rose 28% year over year, with net income increasing to $49 million and adjusted EBITDA climbing to $67 million, suggesting margin improvement and strong operating leverage. Vita Coco Q2 Financial Results
• Neutral Sentiment: The company also announced the acquisition of Copra, a strategic move that expands its coconut water market share and adds exposure to the super-premium segment, but the near-term financial impact is still unclear. Vita Coco Acquires Copra
• Neutral Sentiment: Analyst commentary and price-target updates around COCO point to a still-rich valuation, which could temper upside if execution slows. Vita Coco stock valuation commentary

Insiders Place Their Bets

In other Vita Coco news, Director Kenneth Sadowsky sold 3,900 shares of Vita Coco stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $82.92, for a total transaction of $323,388.00. Following the sale, the director owned 580,296 shares of the company’s stock, valued at $48,118,144.32. The trade was a 0.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ira Liran sold 74,232 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $80.29, for a total value of $5,960,087.28. Following the transaction, the director owned 309,871 shares of the company’s stock, valued at $24,879,542.59. This trade represents a 19.33% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 596,950 shares of company stock valued at $43,711,695 in the last quarter. 12.90% of the stock is owned by insiders.

Hedge Funds Weigh In On Vita Coco

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Invesco Ltd. increased its stake in Vita Coco by 13.9% during the 4th 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 during the period. Vident Advisory LLC acquired a new position in shares of Vita Coco during the fourth quarter valued at approximately $284,000. Fuller & Thaler Asset Management Inc. bought a new stake in Vita Coco during the fourth quarter worth approximately $73,242,000. Empowered Funds LLC bought a new stake in Vita Coco during the fourth quarter worth approximately $583,000. Finally, Zacks Investment Management acquired a new stake in Vita Coco in the fourth quarter worth approximately $333,000. Institutional investors own 88.49% of the company’s stock.

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.