Vita Coco Shares Rise on Strong Q2 and Outlook Upgrade

By EC Assets · Published 23 July 2026

The Vita Coco Company (NASDAQ:COCO) saw its stock jump 7.7% today after the coconut water maker reported its second, quarter earnings. The company also raised its 2026 outlook. This positive news follows The Vita Coco Company's recent acquisition of Copra, a producer of Thai Nam Hom coconut water. Vita Coco's next earnings date was today, July 23, 2026. The company's latest EPS was $0.5, representing a 47.1% earnings surprise. This performance led to a surge in its stock, which traded at 74.45 USD, down 1.90% on the day, but up 40.45% year, to, date. The Vita Coco Company announced the acquisition of Copra for $175 million plus an earnout. Copra expects its full, year 2026 net sales to be greater than $100 million. Vita Coco stated that this acquisition was intended to expand its market share in the coconut water category. Analysts have raised the target price for COCO stock to $80.00. Despite this, some the stock may be 12% undervalued. Vita Coco Co Inc/The currently has an Investment Rating of HOLD. Investors will continue to monitor Vita Coco's financial performance and the integration of Copra. The raised 2026 outlook and the recent acquisition position Vita Coco for potential changes in market dynamics. This article is intended for informational purposes only. It does not constitute investment advice.