CocaCola (NYSE:KO) Stock Price Expected to Rise, Argus Analyst Says

CocaCola (NYSE:KO) had its price target lifted by Argus from $91.00 to $97.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Argus’ price objective would suggest a potential upside of 10.65% from the company’s previous close.

Other equities analysts have also recently issued research reports about the company. Royal Bank Of Canada raised their price target on CocaCola from $87.00 to $96.00 and gave the company an “outperform” rating in a report on Wednesday. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $86.00 price objective (up from $82.00) on shares of CocaCola in a report on Tuesday. Morgan Stanley reiterated an “overweight” rating and set a $100.00 target price (up from $89.00) on shares of CocaCola in a research report on Wednesday. UBS Group set a $104.00 target price on shares of CocaCola and gave the company a “buy” rating in a report on Wednesday. Finally, Truist Financial set a $88.00 price target on shares of CocaCola in a research note on Friday, June 26th. Fifteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.76.

CocaCola Stock Down 0.9%

KO stock opened at $87.67 on Thursday. The business’s 50-day moving average price is $82.04 and its 200-day moving average price is $78.72. The stock has a market cap of $377.18 billion, a P/E ratio of 26.33, a PEG ratio of 3.09 and a beta of 0.34. The company has a quick ratio of 1.15, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. CocaCola has a twelve month low of $65.35 and a twelve month high of $90.92.

CocaCola (NYSE:KO) last released its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.04. The company had revenue of $13.37 billion during the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities research analysts forecast that CocaCola will post 3.29 EPS for the current year.

Insider Activity

In other news, EVP Nancy Quan sold 31,625 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. This represents a 12.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jennifer K. Mann sold 100,000 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $79.46, for a total value of $7,946,000.00. Following the sale, the executive vice president owned 181,384 shares of the company’s stock, valued at approximately $14,412,772.64. This represents a 35.54% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 1,502,719 shares of company stock valued at $126,087,452. Company insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On CocaCola

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Louisbourg Investments Inc. purchased a new stake in CocaCola in the 1st quarter worth approximately $25,000. Guardian Partners Inc. purchased a new position in shares of CocaCola during the 2nd quarter valued at approximately $27,000. Anfield Capital Management LLC lifted its stake in shares of CocaCola by 438.8% in the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after purchasing an additional 294 shares during the period. Headlands Technologies LLC acquired a new position in shares of CocaCola in the 2nd quarter valued at $26,000. Finally, Evolution Wealth Management Inc. boosted its holdings in CocaCola by 1,081.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock worth $27,000 after buying an additional 357 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Strong second-quarter results remain the primary catalyst. Coca-Cola reported adjusted earnings of $0.97 per share, above the $0.93 consensus, while revenue increased 6.2% year over year to $13.37 billion, topping the $13.17 billion estimate. Global unit-case volume rose 5%, and management raised its 2026 earnings outlook to $3.27-$3.30 per share. Coca-Cola Q2 2026 Earnings Call Highlights
• Positive Sentiment: Premium beverages could support future revenue growth. Coca-Cola is using innovation, pricing and packaging to expand premium offerings and capture higher-value consumption occasions. Growth in Fairlife, zero-sugar products and favorable product mix also contributed to recent momentum. Can Coca-Cola’s Premium Beverage Strategy Boost Revenues?
• Positive Sentiment: Analyst targets moved higher. Jefferies raised its target to $104, TD Cowen to $100 and Argus to $97 with a Buy rating. Citigroup also forecast meaningful appreciation, helping reinforce the broadly Moderate Buy consensus.
• Neutral Sentiment: The dividend remains an income-supporting feature. Coca-Cola declared a quarterly dividend of $0.53 per share, or $2.12 annualized, representing an approximately 2.4% yield at recent prices. The company’s long dividend-growth record continues to appeal to defensive and income-focused investors. Coca-Cola Raised Its Full-Year Guidance
• Negative Sentiment: Valuation may be limiting near-term upside. With KO trading near its 52-week high at roughly 26 times earnings, HSBC cut the stock to Hold and argued that PepsiCo may offer better value. Coca-Cola Cut to Hold at HSBC
• Negative Sentiment: Insider selling creates a modest sentiment overhang. Chairman James Quincey sold approximately $13.1 million of shares, following a larger sale the prior day. The transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding, making them less concerning than discretionary sales but still notable.

About CocaCola

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.