Copa/$CPA

1D1W1MYTD1Y5YMAX

About Copa

Copa Holdings SA is a provider of airline passenger and cargo services through its subsidiaries. The company operates through the air transportation segment. It offers international air transportation for passengers, cargo, and mail, operating from its Panama City hub in the Republic of Panama, and domestic and international air transportation for passengers, cargo, and mail with a point-to-point route network through Copa Colombia, a Colombian air carrier. The company's geographical segments are North America, South America, Central America, and the Caribbean. It derives the maximum revenue from North America.
Ticker
$CPA
Sector
Mobility
Primary listing
NYSE
Employees
8,565
Headquarters
Panama City, Panama

Copa Metrics

BasicAdvanced
$5.1B
8.26
$15.23
0.99
$6.74
5.44%

What the Analysts think about Copa

Analyst ratings (Buy, Hold, Sell) for Copa stock.
Analyst projections of the future price of Copa stock.

Bulls say / Bears say

Copa is showing strong demand and pricing power while expanding. Second-quarter revenue rose 25.7% and RASM rose 7.9%, August traffic grew 16.8% with an 88.3% load factor, and management raised its 2026 operating-margin guidance to 17%–19%. (ADVFN, StockTitan)
The Panama hub and incoming aircraft give Copa room to grow efficiently. Four Boeing 737 MAX 8s arrived in the second quarter, while the planned shift from six to eight connecting banks in March 2027 should improve connectivity and aircraft utilisation. (FlightGlobal, ADVFN)
Copa retains financial resilience despite the difficult fuel backdrop. It ended the second quarter with roughly US$1.5 billion of cash and investments, net debt-to-EBITDA of 0.9 times, and a US$1.71 quarterly dividend, while ex-fuel unit costs held at 5.7 cents. (StockTitan)
Higher fuel prices have already shown how quickly Copa's earnings can fall. The average fuel price rose 84.8% year on year to US$4.28 per gallon, fuel expense more than doubled, and second-quarter net profit fell 53.9% even though revenue grew strongly. (StockTitan, Yahoo Finance)
Capacity is growing slightly faster than traffic, which risks weaker fares and seat utilisation if demand softens. In the second quarter, available seat miles rose 16.5% versus a 15.7% increase in revenue passenger miles, pushing the load factor down to 86.7%; earnings also missed consensus. (Yahoo Finance, TradingKey)
Copa's growth plan is capital intensive and depends on a constrained hub executing well. Planned 2026 capital expenditure is US$700 million–US$750 million, while recent reporting says airport and runway limits are helping drive the move to eight connecting banks, increasing execution risk as the fleet expands. (Aviacionline, TradingKey)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.

Copa Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Copa Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.