Bank of America Issues Positive Forecast for CocaCola (NYSE:KO) Stock Price

Posted by Alphonse Anthony on Jul 10th, 2026

CocaCola (NYSE:KO – Get Free Report) had its price objective upped by stock analysts at Bank of America from $90.00 to $95.00 in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Bank of America‘s target price points to a potential upside of 13.54% from the stock’s current price.

A number of other analysts have also issued reports on KO. Truist Financial set a $88.00 target price on CocaCola in a research report on Friday, June 26th. Sanford C. Bernstein set a $83.00 price target on CocaCola in a research report on Thursday. Deutsche Bank Aktiengesellschaft boosted their price objective on CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a report on Monday, March 30th. Citigroup boosted their target price on CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Finally, Wells Fargo & Company increased their price target on CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Fifteen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $88.06.

Check Out Our Latest Analysis on CocaCola

CocaCola Trading Up 1.3%

KO traded up $1.04 on Friday, hitting $83.67. The company had a trading volume of 2,821,193 shares, compared to its average volume of 17,339,131. The company’s fifty day moving average price is $80.70 and its 200 day moving average price is $77.12. CocaCola has a 1 year low of $65.35 and a 1 year high of $85.68. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The firm has a market cap of $359.98 billion, a P/E ratio of 26.30, a PEG ratio of 3.33 and a beta of 0.34.

CocaCola (NYSE:KO – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The business had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. During the same period last year, the business earned $0.73 earnings per share. The business’s revenue for the quarter was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities analysts expect that CocaCola will post 3.26 earnings per share for the current year.

Insider Transactions at CocaCola

In other CocaCola news, EVP Jennifer K. Mann sold 23,984 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $83.41, for a total value of $2,000,505.44. Following the transaction, the executive vice president directly owned 157,400 shares in the company, valued at $13,128,734. This represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman James Quincey sold 436,296 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the sale, the chairman directly owned 122,833 shares in the company, valued at approximately $9,842,608.29. The trade was a 78.03% decrease in their position. The SEC filing for this sale provides additional information. 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. In the last 90 days, insiders have sold 899,905 shares of company stock valued at $71,832,315. Corporate insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On CocaCola

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of CocaCola by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock valued at $26,200,276,000 after purchasing an additional 5,886,352 shares during the period. State Street Corp lifted its stake in CocaCola by 1.2% in the fourth quarter. State Street Corp now owns 167,850,330 shares of the company’s stock valued at $11,734,417,000 after buying an additional 1,992,327 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of CocaCola by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company’s stock valued at $6,273,037,000 after acquiring an additional 433,547 shares during the period. Norges Bank acquired a new stake in shares of CocaCola in the fourth quarter valued at approximately $3,865,807,000. Finally, Bank of America Corp DE grew its position in shares of CocaCola by 9.5% during the first quarter. Bank of America Corp DE now owns 44,018,963 shares of the company’s stock worth $3,347,642,000 after acquiring an additional 3,836,640 shares during the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

Positive Sentiment: Coca-Cola and Marriott International announced a global beverage partnership that makes KO Marriott’s primary beverage provider across guestrooms, restaurants, lounges, and events. Investors may view this as a meaningful expansion of Coca-Cola’s hospitality-channel reach and a potential boost to volume and brand visibility. Marriott International (MAR), Coca-Cola Company (KO) Announce Global Beverage Partnership
Positive Sentiment: Several recent pieces highlighted Coca-Cola as a classic Buffett-style dividend stock and a possible buy for income investors, reinforcing the view that KO remains a defensive, cash-generating blue chip. 3 Warren Buffett Dividend Stocks to Buy in July
Positive Sentiment: Another article noted that Coca-Cola’s stock price is nearing a level associated with its last split, which has fueled speculation that management could eventually consider a stock split if the share price keeps rising. Could Coca-Cola Issue a Stock Split If It Hits $100 Per Share?
Neutral Sentiment: One article said Coca-Cola stock has continued to compound steadily over the past decade, reinforcing its reputation as a reliable long-term holding rather than pointing to a new catalyst. Coca-Cola vs Exxon: Which Blue Chip Won the Decade?
Neutral Sentiment: Vitaminwater’s new branded-content campaign with My Code is positive for brand engagement, but it is a smaller-scale marketing item and likely not a major stock driver on its own. My Code and vitaminwater Launch Neighborhue: Still in Color, Celebrating the Muralists Shaping Community and Identity Across America
Negative Sentiment: Some recent commentary questioned whether KO looks “too rich” after its rally, which could weigh on sentiment by suggesting limited near-term upside if valuation remains stretched. Is Coca-Cola (NYSE:KO) Too Rich After Its Run?
Negative Sentiment: One recent market note said KO pulled back despite broader market gains, which may have added some short-term pressure before today’s bounce. Coca-Cola (KO) Stock Drops Despite Market Gains: Important Facts to Note

CocaCola Company Profile

(Get Free Report)

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.