Vita Coco Company, Inc. (NASDAQ: COCO) is a prominent player in the beverage industry, particularly known for its coconut water products. The company has been gaining attention due to its strong financial performance and market presence. As of October 29, 2025, Piper Sandler set a new price target for COCO at $47, suggesting a potential increase of approximately 5.37% from its current price of $44.60.
The company's recent financial results have been impressive. In its Q3 report, Vita Coco delivered an adjusted earnings per share (EPS) of $0.40, surpassing the consensus estimate of $0.31. This represents a 25% earnings surprise, as highlighted by Zacks. The company's revenue also exceeded expectations, reaching $182 million compared to the anticipated $158.5 million. This strong performance has contributed to a 3% increase in the stock price following the release of these results.
A significant factor driving Vita Coco's success is the 42% year-over-year growth in demand for its coconut water. This demand has helped the company achieve revenues of $182 million for the quarter ending September 2025, exceeding the Zacks Consensus Estimate by 14.82%. This is a substantial increase from the $132.91 million in revenues reported in the same period last year.
The stock for COCO is currently priced at $45.28, reflecting an increase of 7.20% or $3.04. Today, the stock has fluctuated between a low of $42.20 and a high of $48.67, which also marks its highest price over the past year. The lowest price for COCO in the past year was $25.79. The company, listed on NASDAQ, has a market capitalization of approximately $2.57 billion.