Vita Coco (COCO) Stock Forecast & Price Target

$24.19
+0.58 (+2.46%)
(As of 04/24/2024 ET)

Vita Coco Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 7 Analyst Ratings

Analysts' Consensus Price Target

$29.71
22.84% Upside
High Forecast$33.00
Average Forecast$29.71
Low Forecast$28.00
TypeCurrent Forecast
4/26/23 to 4/25/24
1 Month Ago
3/27/23 to 3/26/24
3 Months Ago
1/26/23 to 1/26/24
1 Year Ago
4/26/22 to 4/26/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
5 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$29.71$29.71$26.40$18.43
Predicted Upside22.84% Upside19.25% Upside14.60% Upside10.94% Upside
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COCO Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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COCO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Vita Coco Stock vs. The Competition

TypeVita CocoConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.57
2.43
2.49
Consensus RatingModerate BuyHoldHold
Predicted Upside22.84% Upside681.94% Upside9.98% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/29/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$24.00 ➝ $28.00+8.65%
2/29/2024Stephens
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 UpgradeEqual Weight ➝ Overweight$31.00+20.29%
1/30/2024The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$32.00 ➝ $28.00+35.66%
1/22/2024William Blair
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 DowngradeOutperform ➝ Market Perform
11/13/2023Jefferies Financial Group
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 Initiated CoverageBuy$33.00+14.15%
10/17/2023Bank of America
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 Lower TargetNeutral ➝ Neutral$32.00 ➝ $29.00+13.68%
9/19/2023Morgan Stanley
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 Initiated CoverageEqual Weight$29.00+9.48%
5/4/2023Craig Hallum
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 Boost Target$25.00 ➝ $30.00+30.10%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:38 AM ET.

COCO Price Target - Frequently Asked Questions

What is Vita Coco's consensus rating and price target?

According to the issued ratings of 7 analysts in the last year, the consensus rating for Vita Coco stock is Moderate Buy based on the current 3 hold ratings and 4 buy ratings for COCO. The average twelve-month price prediction for Vita Coco is $29.71 with a high price target of $33.00 and a low price target of $28.00. Learn more on COCO's analyst rating history.

Do Wall Street analysts like Vita Coco more than its competitors?

Analysts like Vita Coco more than other Consumer Staples companies. The consensus rating for Vita Coco is Moderate Buy while the average consensus rating for consumer staples companies is Hold. Learn more on how COCO compares to other companies.

Is Vita Coco being upgraded by Wall Street analysts?

Over the previous 90 days, Vita Coco's stock had 1 upgrade by analysts.

Does Vita Coco's stock price have much upside?

According to analysts, Vita Coco's stock has a predicted upside of 17.33% based on their 12-month stock forecasts.

What analysts cover Vita Coco?

Vita Coco has been rated by Piper Sandler, Stephens, and The Goldman Sachs Group in the past 90 days.


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This page (NASDAQ:COCO) was last updated on 4/25/2024 by MarketBeat.com Staff

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