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Upturn AI Summary - About
Copa Holdings SA(CPA)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CPA
10/23/2026: CPA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Copa Holdings SA is a premier airline operator known for its efficient 'Hub of the Americas' in Panama, which facilitates extensive connectivity throughout the Americas. The company has a leading position in the regional transit market, supported by strong operational discipline and a historically resilient balance sheet. Its primary growth opportunity lies in capturing the increasing demand for air travel among the expanding Latin American middle class. However, investors must consider significant risks, including intense competition from low-cost carriers, vulnerability to fuel price volatility, and sensitivity to regional economic cycles. The stock may suit investors seeking exposure to emerging market aviation who are comfortable with the inherent volatility of the airline industry.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Copa offers exposure to the growing Latin American middle class but is subject to regional economic cyclicality. |
| Momentum investor | Strong fit while signal remains positive | The stock often follows broader travel sector sentiment and regional economic performance cycles. |
| Value investor | Strong fit | Copa is often priced based on regional risk, which may present value opportunities compared to global carriers. |
| Dividend investor | Mixed fit | Dividend payments are variable and dependent on airline industry health and capital expenditure needs. |
| Low-risk investor | Weak fit | Airlines are high-beta, volatile investments sensitive to fuel, regulation, and geopolitical risks. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Airline stocks are highly sensitive to market sentiment, fuel costs, and macroeconomic shifts in the Americas. |
| Valuation risk | Medium | Earnings multiples can fluctuate significantly based on regional growth outlooks and investor appetite for emerging market risk. |
| Competition risk (regional airline competition) | Medium / high | Intense competition from low-cost carriers can pressure margins in the critical Latin American transit market. |
| Business quality | Medium | While the hub model is highly efficient, the company is geographically concentrated, increasing vulnerability to local disruptions. |
| Dividend income | Medium | Payouts are not guaranteed and fluctuate based on the company's cash flow and capital intensive fleet requirements. |
| Execution risk | Medium | Operational success relies heavily on maintaining the efficiency of the Panama hub and managing complex international logistics. |
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 7.25% | Avg. Invested days 44 | Today’s Advisory WEAK BUY |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/23/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.36B USD | Price to earnings Ratio 8.64 | 1Y Target Price 178.47 |
Price to earnings Ratio 8.64 | 1Y Target Price 178.47 | ||
Volume (30-day avg) 325.9K shares | Beta 1.03 | 52 Weeks Range 104.75 - 158.35 | Updated Date 10/23/2026 |
52 Weeks Range 104.75 - 158.35 | Updated Date 10/23/2026 | ||
Dividends yield (FY) 5.07% | Basic EPS (TTM) 15.21 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Passenger Revenue | Ticket sales for flights throughout the Americas via the Panama hub. | This is the primary way the company earns money by moving people across its network. |
| Cargo Revenue | Transporting freight in the belly of passenger aircraft. | A secondary revenue stream that utilizes existing flight capacity. |
| Geography | Focus on the Americas, with primary connectivity centered in Panama. | The company's success is tied to the travel demand and economic health of Latin America. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 8.64 | Forward PE 6.76 | Enterprise Value 6.54B | Price to Sales(TTM) 1.34 |
Enterprise Value 6.54B | Price to Sales(TTM) 1.34 | ||
Enterprise Value to Revenue 1.71 | Enterprise Value to EBITDA 8.26 | Shares Outstanding 29.88M | Shares Floating 28.25M |
Shares Outstanding 29.88M | Shares Floating 28.25M | ||
Percent Insiders 0.4 | Percent Institutions 92.96 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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