Coca-Cola (NYSE:KO – Get Free Report) had its price objective raised by JPMorgan Chase & Co. from $95.00 to $98.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 6.68% from the company’s current price.
Other analysts have also recently issued reports about the company. TD Cowen boosted their price objective on Coca-Cola from $100.00 to $104.00 and gave the stock a “buy” rating in a report on Wednesday. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $86.00 target price (up from $82.00) on shares of Coca-Cola in a research note on Tuesday, July 28th. Jefferies Financial Group lifted their price target on shares of Coca-Cola from $95.00 to $104.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. BNP Paribas Exane boosted their price target on shares of Coca-Cola from $90.00 to $98.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Finally, Citigroup boosted their price target on shares of Coca-Cola from $100.00 to $102.00 and gave the stock a “buy” rating in a research note on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Coca-Cola presently has an average rating of “Moderate Buy” and an average target price of $97.59.
View Our Latest Stock Report on KO
Coca-Cola Trading Up 0.8%
Coca-Cola (NYSE:KO – Get Free Report) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.03. The business had revenue of $13.35 billion for the quarter, compared to analysts’ expectations of $12.92 billion. Coca-Cola had a return on equity of 39.38% and a net margin of 28.56%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.82 earnings per share. Equities research analysts forecast that Coca-Cola will post 3.30 EPS for the current fiscal year.
Insider Buying and Selling
In other news, insider Sanket Ray sold 9,958 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $86.50, for a total transaction of $861,367.00. Following the completion of the transaction, the insider directly owned 62,105 shares in the company, valued at approximately $5,372,082.50. The trade was a 13.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO John Murphy sold 152,483 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $87.31, for a total value of $13,313,290.73. Following the completion of the sale, the chief financial officer directly owned 279,917 shares of the company’s stock, valued at approximately $24,439,553.27. This trade represents a 35.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 323,806 shares of company stock worth $28,820,577. Corporate insiders own 0.90% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Guardian Partners Inc. acquired a new position in Coca-Cola during the second quarter valued at approximately $27,000. Horizons Wealth Management bought a new stake in Coca-Cola in the third quarter valued at approximately $31,000. Atomic Invest LLC raised its holdings in Coca-Cola by 38.7% in the second quarter. Atomic Invest LLC now owns 437 shares of the company’s stock worth $36,000 after purchasing an additional 122 shares during the period. Timbuktu Capital Management LLC acquired a new stake in Coca-Cola in the second quarter worth $41,000. Finally, Holos Integrated Wealth LLC raised its holdings in Coca-Cola by 35.2% in the third quarter. Holos Integrated Wealth LLC now owns 541 shares of the company’s stock worth $51,000 after purchasing an additional 141 shares during the period. Institutional investors own 70.26% of the company’s stock.
Trending Headlines about Coca-Cola
Here are the key news stories impacting Coca-Cola this week:
- Positive Sentiment: Q3 beat and guidance increase: Coca-Cola reported adjusted EPS of $0.91 versus the $0.88 consensus, while revenue reached approximately $13.4 billion, above the $12.92 billion estimate. Management raised its 2026 comparable EPS-growth forecast to at least 11%, up from 9%-10%, marking the third consecutive outlook increase. Coca-Cola Q3 Earnings Beat Estimates on Volume Growth, Outlook Raised
- Positive Sentiment: Broad global demand: Global unit-case volume grew 5%, organic revenue increased 7%, and Coca-Cola Zero Sugar volume rose 16%. International and emerging-market strength, along with pricing and premium beverages, offset softness in the United States. Coca-Cola Organic Revenue Jumps 7% Despite Flat North America Volumes
- Positive Sentiment: Analyst support: TD Cowen raised its price target from $100 to $104 and upgraded the shares to “buy,” implying roughly 13% upside from recently quoted levels. TD Cowen Coca-Cola Ratings
- Neutral Sentiment: Coca-Cola’s “fridge cigarette” Diet Coke nickname is generating favorable consumer buzz, but the CEO’s comments are more of a branding and engagement story than a material financial catalyst. Coca-Cola CEO Weighs In on Diet Coke Nickname
- Negative Sentiment: Key risks remain: North American volume was flat, with weakness in water, sports drinks, coffee, and tea. Investors are also monitoring ongoing IRS litigation and potential revenue pressure from divestitures, while the stock’s strong 2026 rally raises valuation and profit-taking concerns. Coca-Cola Delivers a Big Earnings Beat
Coca-Cola Company Profile
The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Founded in 1886, it is best known for Coca-Cola, one of the world’s most recognized soft drink brands.
The company owns, licenses, and markets a broad portfolio of beverages, including sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and energy drinks. Its brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, smartwater, Powerade, Minute Maid, Simply, fairlife, and Costa Coffee, among others.
The Coca-Cola Company serves consumers in more than 200 countries and territories through a system that includes company-operated operations, independent bottling partners, distributors, retailers, and food-service providers.
Further Reading
- Five stocks we like better than Coca-Cola
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Receive News & Ratings for Coca-Cola Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola and related companies with MarketBeat.com's FREE daily email newsletter.
