Vita Coco (NASDAQ:COCO) Issues Quarterly Earnings Results

Vita Coco (NASDAQ:COCO) announced 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 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%. Vita Coco’s revenue was up 28.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.38 earnings per share.

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 Stock Down 6.2%

Vita Coco stock traded down $4.60 during midday trading on Thursday, hitting $69.85. 1,443,857 shares of the stock were exchanged, compared to its average volume of 1,216,159. The stock has a market capitalization of $3.99 billion, a PE ratio of 51.44, a P/E/G ratio of 1.81 and a beta of 0.77. The company has a fifty day simple moving average of $75.72 and a two-hundred day simple moving average of $62.22. Vita Coco has a 52 week low of $31.79 and a 52 week high of $85.83.

Insider Activity

In other news, Director Ira Liran sold 74,232 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $80.29, for a total value of $5,960,087.28. Following the completion of the transaction, the director owned 309,871 shares of the company’s stock, valued at $24,879,542.59. The trade was a 19.33% decrease in their position. The sale was disclosed in a 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, insider Es Charles Van sold 8,045 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $75.05, for a total transaction of $603,777.25. Following the completion of the sale, the insider owned 59,085 shares of the company’s stock, valued at approximately $4,434,329.25. This represents a 11.98% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 596,950 shares of company stock valued at $43,711,695. 12.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd increased its holdings in shares of Vita Coco by 2,636.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 520 shares of the company’s stock worth $28,000 after acquiring an additional 501 shares in the last quarter. Quarry LP lifted its holdings in shares of Vita Coco by 12,633.3% during the 3rd quarter. Quarry LP now owns 764 shares of the company’s stock valued at $32,000 after purchasing an additional 758 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Vita Coco by 5,376.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $49,000 after purchasing an additional 1,344 shares during the period. Abel Hall LLC acquired a new position in shares of Vita Coco in the 4th quarter valued at approximately $201,000. Finally, Cetera Investment Advisers bought a new stake in Vita Coco during the 4th quarter worth approximately $203,000. 88.49% of the stock is currently owned by institutional investors.

More Vita Coco News

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

• Positive Sentiment: Q2 earnings beat Wall Street expectations, with Vita Coco reporting $0.82 EPS versus the $0.56 consensus estimate, showing stronger profitability than analysts expected. Article Title
• Positive Sentiment: Revenue also topped estimates at $216.15 million, up 28.1% from a year ago, signaling continued demand for Vita Coco coconut water and related products. Article Title
• Positive Sentiment: The company raised full-year guidance, lifting fiscal 2026 net sales outlook to $790 million-$805 million and adjusted EBITDA guidance to $154 million-$161 million, which reinforces confidence in the growth story. Article Title
• Neutral Sentiment: Analysts recently set a $71 price target, which is only modestly above the stock’s recent trading level and suggests some upside remains but valuation is still a factor. Article Title
• Neutral Sentiment: Vita Coco also announced the acquisition of Copra, a strategic move that could expand its coconut water market share and add a super-premium product line over time. Article Title
• Negative Sentiment: Despite the strong results, investors may still worry about COCO’s premium valuation after its large 2026 rally, which could limit further near-term gains if growth slows. Article Title

Analysts Set New Price Targets

Several research firms have commented on COCO. Citigroup reaffirmed a “buy” rating on shares of Vita Coco in a report on Tuesday, May 26th. Weiss Ratings upgraded shares of Vita Coco from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Wall Street Zen upgraded shares of Vita Coco from a “sell” rating to a “buy” rating in a research report on Saturday, May 2nd. Morgan Stanley set a $65.00 price objective on Vita Coco in a research report on Thursday, April 30th. Finally, Wells Fargo & Company lifted their price target on shares of Vita Coco from $75.00 to $85.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $71.00.

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.