Analysts Issue Forecasts for Copa’s Q2 Earnings (NYSE:CPA)

Copa Holdings, S.A. (NYSE:CPA) – Zacks Research decreased their Q2 2026 earnings per share (EPS) estimates for Copa in a report released on Tuesday, June 2nd. Zacks Research analyst Team now forecasts that the transportation company will earn $1.90 per share for the quarter, down from their previous forecast of $4.23. The consensus estimate for Copa’s current full-year earnings is $15.74 per share. Zacks Research also issued estimates for Copa’s Q3 2026 earnings at $3.98 EPS, FY2026 earnings at $16.06 EPS, Q3 2027 earnings at $4.49 EPS, Q4 2027 earnings at $4.16 EPS, FY2027 earnings at $18.24 EPS and FY2028 earnings at $23.52 EPS.

A number of other brokerages have also weighed in on CPA. Evercore reaffirmed an “outperform” rating and set a $175.00 price objective on shares of Copa in a report on Friday, May 15th. Wall Street Zen raised Copa from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Bank of America dropped their price objective on Copa from $212.00 to $171.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. The Goldman Sachs Group upped their price objective on Copa from $138.00 to $156.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Finally, UBS Group upped their price objective on Copa from $185.00 to $195.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Copa presently has an average rating of “Buy” and an average target price of $167.30.

Copa Price Performance

Copa stock opened at $135.93 on Thursday. Copa has a 12 month low of $99.32 and a 12 month high of $156.41. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.16 and a quick ratio of 1.06. The business has a 50 day simple moving average of $123.19 and a 200-day simple moving average of $126.57. The stock has a market capitalization of $5.59 billion, a PE ratio of 7.93, a price-to-earnings-growth ratio of 1.06 and a beta of 1.00.

Copa (NYSE:CPA) last released its quarterly earnings results on Wednesday, May 13th. The transportation company reported $5.16 EPS for the quarter, topping the consensus estimate of $4.43 by $0.73. Copa had a return on equity of 26.01% and a net margin of 18.76%.The business had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the prior year, the business earned $4.28 earnings per share. The company’s quarterly revenue was up 17.0% compared to the same quarter last year.

Institutional Trading of Copa

Several large investors have recently bought and sold shares of the company. NewEdge Advisors LLC grew its holdings in Copa by 9.8% in the first quarter. NewEdge Advisors LLC now owns 13,097 shares of the transportation company’s stock valued at $1,488,000 after purchasing an additional 1,172 shares during the last quarter. Bank of America Corp DE grew its holdings in Copa by 45.5% in the first quarter. Bank of America Corp DE now owns 181,594 shares of the transportation company’s stock valued at $20,631,000 after purchasing an additional 56,764 shares during the last quarter. RBF Capital LLC grew its holdings in Copa by 40.0% in the first quarter. RBF Capital LLC now owns 7,000 shares of the transportation company’s stock valued at $795,000 after purchasing an additional 2,000 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Copa by 39.3% in the first quarter. EverSource Wealth Advisors LLC now owns 2,338 shares of the transportation company’s stock valued at $266,000 after purchasing an additional 660 shares during the last quarter. Finally, Empowered Funds LLC grew its holdings in Copa by 8,453.5% in the first quarter. Empowered Funds LLC now owns 20,785 shares of the transportation company’s stock valued at $2,361,000 after purchasing an additional 20,542 shares during the last quarter. Institutional investors and hedge funds own 70.09% of the company’s stock.

Copa Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a dividend of $1.71 per share. This represents a $6.84 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Friday, May 29th. Copa’s dividend payout ratio is currently 39.88%.

Key Headlines Impacting Copa

Here are the key news stories impacting Copa this week:

• Positive Sentiment: JPMorgan raised its price target on Copa Holdings to $170 from $165 and reiterated an overweight rating, signaling continued upside expectations for CPA. Copa (NYSE:CPA) Given New $170.00 Price Target at JPMorgan Chase & Co.
• Positive Sentiment: The stock also moved above its 200-day moving average, a technical signal that can attract momentum buyers and suggest improving investor sentiment. Copa (NYSE:CPA) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?
• Neutral Sentiment: Zacks Research updated multiple earnings forecasts for Copa, including several cuts to near- and medium-term EPS estimates for FY2026, Q2/Q3 2026, and parts of 2027, which may temper enthusiasm but were partially offset by a higher FY2028 EPS estimate.
• Neutral Sentiment: A recent commentary highlighted dividend growth but also noted pressure from oil costs and geopolitics, which underscores both cash-generation strength and the external risks facing the airline. Copa Dividend Hike Tests Cash Strength As Oil And Geopolitics Bite
• Negative Sentiment: Analysts at Zacks Research trimmed estimates for several upcoming quarters, including a notable cut to Q2 2026 EPS, suggesting some concern about near-term earnings momentum for CPA.

About Copa

Copa Holdings, SA (NYSE:CPA) is a Panama‐based aviation holding company that provides passenger and cargo air transportation across the Americas and the Caribbean. Through its principal subsidiary, Copa Airlines, the company operates a modern fleet of Boeing 737 aircraft, offering scheduled flights that connect passengers through its Tocumen International Airport hub in Panama City. The company also offers dedicated cargo services under the Copa Cargo brand, leveraging belly hold capacity on its passenger flights to transport freight throughout its network.

The roots of Copa Holdings trace back to 1947, when Compañía Panameña de Aviación began operations as the flag carrier of Panama.