COCO
Vita CocoDDocument history
Earnings documents stored for COCO.
Investor releaseQuarter not tagged2026-07-16Vita Coco Company, Inc. (COCO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks
Vita Coco Company, Inc. (COCO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Wall Street expects a year-over-year increase in earnings on higher revenues when Vita Coco Company, Inc. (COCO) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 23. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly earnings of $0.56 per share in its upcoming report, which represents a year-over-year change of +47.4%. Revenues are expected to be $212 million, up 25.6% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A posi...
Investor releaseQuarter not tagged2026-07-16Vita Coco Company to Post Q2 Earnings: Here's What to Know
Zacks
Vita Coco Company to Post Q2 Earnings: Here's What to Know
The Vita Coco Company, Inc. COCO is slated to report second-quarter 2026 results on July 23, before market open. The company is likely to report bottom and top-line growth when it posts the quarterly results.The Zacks Consensus Estimate for the company’s earnings is pegged at 56 cents per share, which indicates an increase of 47.4% from the year-ago quarter’s reported figure. The consensus mark has remained stable in the past 30 days. For second-quarter revenues, the consensus mark is pegged at $212 million, indicating a 25.6% rise from the year-ago quarter’s reported figure.In the last reported quarter, the company delivered an earnings surprise of 47.1%. Its earnings outperformed the Zacks Consensus Estimate by 11.7%, on average, in the trailing four quarters. Vita Coco Company’s quarterly performance is expected to have benefited from the strength in its brands and the solid execution of its strategic efforts. Its consistent focus on driving growth in the coconut water category and expanding its share in the category appears encouraging. Its flagship brand has been performing well for a while. Apart from experiencing solid branded retail growth, the company has been witnessing higher private-label coconut water volumes. In addition, Vita Coco Company’s commercial initiatives related to the Vita Coco multi-packs, Vita Coco Farmers Organic and Vita Coco Juice are likely to have contributed to its performance. The company’s focus on expanding coconut water consumption is likely to have driven the category’s performance and the flagship Vita Coco Coconut Water brand’s performance. All the aforementioned strengths, coupled with its focus on growing the core business and a solid international business, are likely to have bolstered the bottom and top-line performance.The Zacks Consensus Estimate for net sales at Americas is pegged at $174 million and at International is pegged at $33.8 million, showing respective increases of 17.6% and 7%, on a sequential basis.On the flip side, a tough macroeconomic landscape, including uncertainty related to the operating environment, global economies and geopolitical issues, is a concern. The company has been witnessing higher SG&A expenses for a while. Vita Coco Company, Inc. price-eps-surprise | Vita Coco Company, Inc. Quote Our proven model does not conclusively predict an earnings beat for Vita Coco Company this time arou...
Investor releaseQuarter not tagged2026-07-09The Vita Coco Company to Report Second Quarter 2026 Financial Results on July 23, 2026
GlobeNewswire
The Vita Coco Company to Report Second Quarter 2026 Financial Results on July 23, 2026
NEW YORK, July 09, 2026 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or “the Company”), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the second quarter ended June 30, 2026 on Thursday, July 23, 2026 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day. To participate in the live earnings call and question and answer session, please register at https://register-conf.media-server.com/register/BIeb66856a8514488b970c774b5cc0004d and dial-in information will be provided directly to you. The live audio webcast will be accessible in the “Events” section of the Company’s Investor Relations website at https://investors.thevitacococompany.com/. An archived replay of the webcast will be available shortly after the live event has concluded. ABOUT THE VITA COCO COMPANY The Vita Coco Company is a family of brands on a mission to reimagine what’s possible when brands deliver healthy, nutritious, and great-tasting products that are better for consumers and better for the world. This includes its flagship coconut water brand, Vita Coco, and protein-infused water, PWR LIFT. The Company was co-founded in 2004 by Michael Kirban and Ira Liran and is a public benefit corporation and Certified B Corporation. Vita Coco, the principal brand within the Company’s portfolio, is the leading coconut water brand in the U.S. With electrolytes, nutrients, and vitamins, coconut water has become a top beverage choice among consumers after a workout, in smoothies, as a cocktail mixer, after a night out, and more. CONTACTS Investor:ICR, [email protected] Media:[email protected]
Investor releaseQuarter not tagged2026-06-06How The Vita Coco Company (COCO) Story Is Shifting With New Targets And Earnings Assumptions
Simply Wall St.
How The Vita Coco Company (COCO) Story Is Shifting With New Targets And Earnings Assumptions
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. The implied fair value estimate for Vita Coco Company has shifted from about US$61.89 to about US$75.11 per share, a move of roughly 21% that many investors will want to understand more clearly. Recent research has clustered around higher price targets tied to what analysts describe as sales momentum and upbeat management commentary, while at least one firm has trimmed its view, leaving a mix of optimism and caution. Read on to see how to interpret this evolving narrative and what to watch as new data points come in. Wall Street's queuing for one rocket. While SpaceX counts down to its IPO, other companies tied to the new space race are already in orbit. → 20 Compelling Space Companies watchlist · Global Space Race Investing Ideas screener · Scan the sector by valuation on Rocket Lab's valuation page. BofA analyst Peter Galbo lifted the Vita Coco price target to US$85 from US$72, pointing to what he calls "impressive" growth versus the firm’s broader U.S. staples coverage and stronger conviction around sales momentum. Evercore ISI raised its target to US$70 from US$58 after what it described as upbeat meetings with management and scanner data that suggested the year was tracking ahead of plan. Across BofA, Jefferies, Morgan Stanley and Piper Sandler, several firms raised price targets in recent months, which signals a constructive stance on execution and growth prospects around the current business model. Wells Fargo moved its target lower by US$3, highlighting that not every firm is aligned with the more optimistic outlook and that some analysts see less upside at recent valuation levels. The mix of higher targets from multiple firms and a cut from Wells Fargo leaves a spread of views, which suggests investors should pay close attention to how future scanner data and earnings reports track against these expectations. Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives! We've flagged 1 risk for Vita Coco Company. See which could impact your investment. Vita Coco reported Q1 2026 net sales of about US$180 million, up 37% year over year, with Vita Coco Coconut Water volumes up 42% and private label products contributing to growth. Q1...
Investor releaseQuarter not tagged2026-06-06Assessing Vita Coco (COCO) Valuation As Strong Multi Period Returns Meet A Rich Earnings Multiple
Simply Wall St.
Assessing Vita Coco (COCO) Valuation As Strong Multi Period Returns Meet A Rich Earnings Multiple
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Vita Coco Company (COCO) has attracted fresh attention as investors review its recent trading performance, including a last close of $74.09 and a market value around $4.23b for the coconut water focused business. See our latest analysis for Vita Coco Company. Recent trading shows mixed short term sentiment, with a 7 day share price return that is slightly lower, but a 30 day share price return of 7.94% and a 90 day share price return of 43.25% alongside a 1 year total shareholder return of 116.32%. Taken together, these figures suggest momentum has been building over a longer stretch. If Vita Coco's run has you looking for more growth stories, this is a good moment to scan 21 top founder-led companies With Vita Coco trading close to recent targets and showing strong multi period returns, the key question now is straightforward: is the stock still undervalued, or is the market already pricing in future growth? Vita Coco's most followed valuation narrative points to a fair value of about $75.11 per share, slightly above the last close at $74.09. This frames the current debate around how much growth is already reflected in the price. Read the complete narrative. Curious what sits behind that optimism on future earnings power? The narrative leans on rising margins, brisk top line expansion, and a richer valuation multiple tied to those trends. Result: Fair Value of $75.11 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, the story could shift quickly if higher tariffs or sustained freight cost pressure squeeze margins, or if private label softness weighs more heavily on overall growth. Find out about the key risks to this Vita Coco Company narrative. While the narrative points to Vita Coco trading close to fair value, the current P/E of 51x raises a different question. That is roughly 3x the Global Beverage average of 16.8x and well above the fair ratio of 22x, which suggests less margin for error if growth or margins disappoint. For a closer look at what this premium pricing implies in practice, including how it compares with peers and the fair ratio the market could move toward, take a look at See what the numbers say about this price — find out in our valuation breakdown. With sentiment in thi...
Investor releaseQuarter not tagged2026-05-28How Investors Are Reacting To Vita Coco (COCO) Raising Guidance After a Strong Earnings Beat
Simply Wall St.
How Investors Are Reacting To Vita Coco (COCO) Raising Guidance After a Strong Earnings Beat
Vita Coco recently reported quarterly results showing revenue up very strongly year on year, beating analysts’ expectations on revenue, EPS and EBITDA, and management raised its full year guidance on the back of branded retail growth, improved pricing and healthier gross margins. The company also previously announced participation at the William Blair 46th Annual Growth Stock Conference, giving investors a chance to hear more about how its brand strength and recovering private label shipments are influencing its updated outlook. With management lifting full year guidance after this earnings beat, we’ll now examine how this development reshapes Vita Coco’s investment narrative. Uncover the next big thing with 25 elite penny stocks that balance risk and reward. To own Vita Coco, you need to believe coconut water and related products can keep gaining share in “better-for-you” beverages, while the company manages input costs and category concentration. The latest earnings beat and guidance raise support the near term catalyst around branded growth and healthier margins, but do not remove key risks such as tariff uncertainty on coconut imports and ongoing volatility in private label demand. The upcoming presentation at the William Blair 46th Annual Growth Stock Conference is particularly relevant here, as management is expected to discuss how brand strength and improving private label shipments underpin the higher full year outlook. For investors tracking whether private label trends can support overall revenue momentum, hearing how these shipments are evolving alongside the faster growing branded business may clarify how durable the current margin and earnings profile could be. Yet behind the strong quarter and higher outlook, investors should still be aware of the risk that rising U.S. tariffs on coconut imports could... Read the full narrative on Vita Coco Company (it's free!) Vita Coco Company's narrative projects $867.8 million revenue and $124.6 million earnings by 2029. This requires 12.5% yearly revenue growth and a $53.3 million earnings increase from $71.3 million today. Uncover how Vita Coco Company's forecasts yield a $61.89 fair value, a 21% downside to its current price. Two fair value estimates from the Simply Wall St Community span roughly US$61.89 to US$77.18 per share, showing how far apart individual views can be. When you set these against the...
Investor releaseQuarter not tagged2026-05-26Beverages, Alcohol, and Tobacco Stocks Q1 Earnings Review: Vita Coco (NASDAQ:COCO) Shines
StockStory
Beverages, Alcohol, and Tobacco Stocks Q1 Earnings Review: Vita Coco (NASDAQ:COCO) Shines
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the beverages, alcohol, and tobacco stocks, including Vita Coco (NASDAQ:COCO) and its peers. These companies' performance is influenced by brand strength, marketing strategies, and shifts in consumer preferences. Changing consumption patterns are particularly relevant and can be seen in the rise of cannabis, craft beer, and vaping or the steady decline of soda and cigarettes. Companies that spend on innovation to meet consumers where they are with regards to trends can reap huge demand benefits while those who ignore trends can see stagnant volumes. Finally, with the advent of the social media, the cost of starting a brand from scratch is much lower, meaning that new entrants can chip away at the market shares of established players. The 13 beverages, alcohol, and tobacco stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 4.9% while next quarter’s revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 8.5% on average since the latest earnings results. Founded in 2004 followed by a 2021 IPO, The Vita Coco Company (NASDAQ:COCO) offers coconut water products that are a natural way to quench thirst. Vita Coco reported revenues of $179.8 million, up 37.3% year on year. This print exceeded analysts’ expectations by 20.5%. Overall, it was a stunning quarter for the company with a beat of analysts’ EPS and EBITDA estimates. Martin Roper, the Company’s Chief Executive Officer, said, “Our healthy first quarter shipment performance was driven by very strong branded retail growth in all our major markets, reflective of solid underlying consumer demand and favorable promotional timing differences. Our improved pricing produced healthy gross margin and very strong adjusted EBITDA. Our increased full year guidance is based on expected continued brand strength in our major markets, with improving private label shipment trends. We expect significant adjusted EBITDA growth in 2026 due to our expected volume growth and gross margin improvement." Vita Coco scored the biggest analyst estimates beat of the whole group. Unsurprisingly, the stock is up 46.9% since reporting and currently trades at $75.85. Read why we think that Vita Coco is one of the best beverages, alcohol, and tobacco stocks, our full report is fr...
Investor releaseQuarter not tagged2026-05-22A Look At Vita Coco (COCO) Valuation After Strong Q1 Earnings Beat And Rapid Share Price Gains
Simply Wall St.
A Look At Vita Coco (COCO) Valuation After Strong Q1 Earnings Beat And Rapid Share Price Gains
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Vita Coco Company (COCO) has been in focus after reporting Q1 results with revenue of US$658.6 million, up 37.3% year on year, and beating analyst estimates by 20.5%, the strongest beat among peers. See our latest analysis for Vita Coco Company. That strong Q1 beat has come alongside sharp share price momentum, with a 66.4% 1 month share price return and a 46.1% 3 month share price return. The 1 year total shareholder return of 117.3% points to a strong longer term trend. If Vita Coco’s run has you thinking about what else is moving, this could be a good moment to scan other opportunities using our curated list of 20 top founder-led companies With the stock now trading slightly above both analyst targets and one estimate of intrinsic value, the key question for you is simple: is Vita Coco still mispriced, or is the current share price already baking in future growth? According to the most followed narrative, Vita Coco’s fair value sits at $29.10, which is well below the recent $78.83 close. This creates a wide gap between narrative and market pricing. Read the complete narrative. Want to see the growth story that tries to bridge that gap? The narrative leans on faster sales, higher margins, and a richer earnings multiple. Curious which assumptions really carry the fair value? Result: Fair Value of $29.10 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this growth pitch can crack if coconut water becomes more commoditised or if larger beverage rivals and private labels squeeze Vita Coco’s pricing power. Find out about the key risks to this Vita Coco Company narrative. With sentiment clearly split between risk and reward, this is a moment to move quickly, review the numbers yourself and weigh both sides of the story using our breakdown of 2 key rewards and 1 important warning sign If Vita Coco has sharpened your curiosity, do not stop here; broaden your watchlist now with a few focused stock ideas tailored to different investing goals. Target dependable income streams by checking out companies in the 10 dividend fortresses that prioritise payouts alongside fundamentals. Hunt for potential bargains trading below what their quality suggests by scanning the 53 high qual...
Investor releaseQuarter not tagged2026-05-04Vita Coco (COCO) Q1 2026 Earnings Transcript
Motley Fool
Vita Coco (COCO) Q1 2026 Earnings Transcript
Image source: The Motley Fool. Wednesday, April 29, 2026 at 8:30 a.m. ET Executive Chairman — Michael Kirban Chief Executive Officer — Martin Roper Chief Financial Officer — Corey Baker Mike Kirban, Executive Chairman; Martin Roper, Chief Executive Officer; and Corey Baker, Chief Financial Officer. By now, everyone should have access to the company's first quarter earnings release issued earlier today. This information is available on the Investor Relations section of the Vita Coco Company's website at investors.thevitacococompany.com. Also on the website, there is an accompanying presentation of our commercial and financial results. Certain comments made on this call include forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current expectations and beliefs Concerning future events and are subject to several risks and uncertainties that could cause actual results to differ materially from those described in these forward-looking statements. Please refer to today's press release and other filings with the SEC for a more detailed discussion of the risk factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statements made today. Also, during the call, we will use some non-GAAP financial measures as we describe our business performance. Our SEC filings as well as the earnings press release and supplementary earnings presentation provide reconciliations of the non-GAAP financial measures to the most directly comparable GAAP measures and are available on our website as well. And with that, it is my pleasure to now turn the call over to Mike Kirban, our Co-Founder and Executive Chairman. Michael Kirban: Thanks, John, and good morning, everyone. Thank you for joining us today to discuss our first quarter financial results and our expectations for our full year 2026 performance. I want to start by thanking all of our colleagues across the globe for our strong operational and financial start to the year while also staying committed to -- the Vita Coco Company and advancing our mission of creating ethical, sustainable, better-for-you beverages that uplift our communities and do right by our planet. I'm thrilled with our momentum and by the acceleration we have seen in...
Investor releaseQuarter not tagged2026-05-03Assessing Vita Coco (COCO) Valuation After Strong Q1 2026 Results And Raised Full Year Guidance
Simply Wall St.
Assessing Vita Coco (COCO) Valuation After Strong Q1 2026 Results And Raised Full Year Guidance
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Vita Coco Company (COCO) is back in focus after first quarter 2026 earnings, reporting net sales of US$179.77 million and net income of US$30.47 million, followed by higher full year 2026 guidance. See our latest analysis for Vita Coco Company. The strong first quarter update and raised guidance have coincided with sharp share price momentum, with a 30 day share price return of 38.37% and a 1 year total shareholder return of 95.12%. Recent gains build on a 3 year total shareholder return of 194.83%, suggesting sentiment around Vita Coco's growth profile and risk outlook has shifted meaningfully in investors' eyes. If Vita Coco's run has you looking at what else is moving, it could be a good moment to broaden your search and check out 18 top founder-led companies After a run that has pushed Vita Coco to fresh highs and left it trading only modestly below some analyst targets, the key question now is simple: are you looking at an undervalued growth story or a market that already prices in the next leg of expansion? According to the widely followed narrative by WallStreetWontons, the fair value of Vita Coco is $29.10, which sits well below the latest close at $66.75. That gap frames the entire story around what kind of growth and profitability the market appears to be baking in today. Read the complete narrative. Curious what earnings power and profit margins have to look like for that growth path to justify Vita Coco's current tag, and what kind of valuation multiple that narrative leans on to get there. The full story spells out those assumptions in plain numbers and ties them directly to this fair value call. Result: Fair Value of $29.10 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this story can change quickly if competition reduces pricing power or if higher raw material and transport costs pressure margins and cash flow. Find out about the key risks to this Vita Coco Company narrative. Set against the user narrative that pegs fair value at $29.10, the current P/E of 46x tells a very different story. It is lower than peers at 66.7x, but well above both the global beverage average of 18x and the 22.6x fair ratio that the market could gravitate toward over time. T...
Investor releaseQuarter not tagged2026-05-02Can Vita Coco Company (COCO) Run Higher on Rising Earnings Estimates?
Zacks
Can Vita Coco Company (COCO) Run Higher on Rising Earnings Estimates?
Vita Coco Company, Inc. (COCO) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Consensus earnings estimates for the next quarter and full year have moved considerably higher for Vita Coco Company, Inc., as there has been strong agreement among the covering analysts in raising estimates. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The company is expected to earn $0.56 per share for the current quarter, which represents a year-over-year change of +47.4%. Over the last 30 days, two estimates have moved higher for Vita Coco Company compared to no negative revisions. As a result, the Zacks Consensus Estimate has increased 5.38%. For the full year, the earnings estimate of $1.72 per share represents a change of +44.5% from the year-ago number. In terms of estimate revisions, the trend for the current year also appears quite encouraging for Vita Coco Company. Over the past month, three estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 8.85%. The promising estimate revisions have helped Vita Coco Company earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. While strong estimate revisions for Vita Coco Compan...
Investor releaseQuarter not tagged2026-04-30Vita Coco (COCO) Climbs to All-Time High on Strong Earnings, Upbeat Outlook
Insider Monkey
Vita Coco (COCO) Climbs to All-Time High on Strong Earnings, Upbeat Outlook
The Vita Coco Company, Inc. (NASDAQ:COCO) is one of the 10 Stocks Notching Impressive Double-Digit Gains. Shares of Vita Coco rallied to a new all-time high on Wednesday, as investors cheered its strong earnings performance in the first quarter and a higher growth guidance for the full-year period. At intra-day trade, The Vita Coco Company, Inc. (NASDAQ:COCO) jumped to its highest price of $67.21 before trimming gains to end the session just up by 29.67 percent at $66.95 apiece. Photo from Vita Coco website In a statement, the company said that it grew its net income by 61 percent to $30.47 million from $18.88 million in the same period a year earlier. Net sales increased by 37 percent to $179.76 million from $130.9 million year-on-year. “Our healthy first quarter shipment performance was driven by very strong branded retail growth in all our major markets, reflective of solid underlying consumer demand and favorable promotional timing differences. Our improved pricing produced healthy gross margin and very strong adjusted EBITDA,” The Vita Coco Company, Inc. (NASDAQ:COCO) CEO Martin Roper said. Following the results, The Vita Coco Company, Inc. (NASDAQ:COCO) raised its full-year net sales guidance to a range of $720 million to $735 million, versus $680 million to $700 million as previously projected. Growth is expected to be bolstered by a targeted mid- to high-teens growth in Vita Coco Coconut Water and improvements in Private Label trends from new and regained business. Adjusted EBITDA was also raised to a range of $132 million to $138 million, versus $122 million to $128 million year-on-year. While we acknowledge the potential of COCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.

