Copa Holdings SA

CPA · NYSE

$135.21+$0.79 (+0.59%)TodayMarket closed · Oct 21, 4:43 AM ET

Prev close $134.42

CPA analyst rating

BuyConsensus of 10 analysts over the last 12 months. 100% rate it a buy.

Strong buy1
Buy9
Hold0
Underperform0
Sell0

12-month price target · 14 analysts

Average $185.81 (+37.4% upside)

Low: $153.52
Now: $135.21
High: $215.25

Upgrades and downgrades

The latest rating actions, newest first

CPA analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Raymond James	Aug 24, 2026	Maintains	Strong Buy	$195.00 → $185.00	53%
UBS	Aug 11, 2026	Maintains	Buy	$195.00 → $185.00	55%
Raymond James	Jul 14, 2026	Maintains	Strong Buy	$190.00 → $195.00	53%
Evercore ISI Group	Jun 25, 2026	Maintains	Outperform	$175.00 → $200.00	57%
Jefferies	Jun 18, 2026	Initiates	Buy	$185.00	56%
JP Morgan	Jun 3, 2026	Maintains	Overweight	$165.00 → $170.00	44%
UBS	May 26, 2026	Maintains	Buy	$185.00 → $195.00	55%
Evercore ISI Group	May 15, 2026	Maintains	Outperform	$160.00 → $175.00	57%
Goldman Sachs	May 15, 2026	Maintains	Buy	$138.00 → $156.00	57%
Goldman Sachs	Apr 13, 2026	Upgrade	Neutral → Buy	$151.00 → $138.00	57%

The case for and against

Updated Jan 26, 2026

Bull case

Copa Holdings SA has demonstrated robust financial performance driven by its strategic positioning as a leading provider of airline services across key geographical segments, particularly North America, which contributes maximum revenue. The company’s operational efficiency, characterized by a well-structured hub-and-spoke model from its Panama City base and a diverse route network through Copa Colombia, enhances its revenue-generating capabilities. Additionally, favorable market conditions and a growing demand for air travel in the Americas support a positive growth trajectory for Copa Holdings's business operations.

Bear case

Copa Holdings faces significant risks related to its exposure in Venezuela, having previously written off over $400 million due to difficulties in repatriating funds, which indicates a vulnerability in its financial stability and operational capabilities. Furthermore, the competitive dynamics within the airline industry are intensified by the fungibility of aircraft supply, leading to potential earnings volatility and increased pressure on revenues. Additionally, changing industry fundamentals regarding customer demand and pricing, combined with unforeseen developments in management and financial conditions, could adversely affect the company's future valuations and investor sentiment.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.