Needham has initiated coverage on Vita Coco Company Inc (COCO) with a Hold rating, reflecting the firm's initial assessment of the company's investment potential. This rating comes as the company continues to expand its presence in the beverage industry, particularly in the coconut water segment.
As of now, Vita Coco trades at $48.10, with a market capitalization of $2.6 billion and a P/E ratio of 38.06. The company, headquartered in New York City, produces and distributes coconut water and other beverage products, including sustainably packaged water and protein-infused options. Its branded portfolio includes well-known products such as Vita Coco coconut water and Ever & Ever water.
The upcoming earnings report, scheduled for February 26, 2026, is anticipated to reveal an EPS estimate of $0.12 on revenues of $118.1 million. This follows a strong performance in Q3 2025, where the company reported an EPS of $0.40, exceeding estimates by 30.8%.
Analyst ratings serve as professional evaluations based on extensive research and financial modeling. While they can offer valuable insights, they should be considered alongside other factors such as company fundamentals, competitive positioning, and individual financial goals. Analyst opinions may evolve over time as new information becomes available, highlighting the importance of a comprehensive investment strategy.
The current analyst consensus for Vita Coco stands at 3 Strong Buy, 8 Buy, and 6 Hold ratings, indicating a general positive outlook among analysts in the market.