CocaCola (NYSE:KO) Price Target Raised to $100.00

CocaCola (NYSE:KO) had its target price increased by equities researchers at Citigroup from $97.00 to $100.00 in a research note issued on Wednesday. The brokerage currently has a “buy” rating on the stock. Citigroup’s price objective points to a potential upside of 10.91% from the stock’s previous close.

A number of other brokerages also recently issued reports on KO. Bank of America raised their price target on shares of CocaCola from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Evercore reaffirmed an “outperform” rating and issued a $100.00 price target on shares of CocaCola in a research note on Tuesday. HSBC downgraded CocaCola from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. JPMorgan Chase & Co. increased their target price on shares of CocaCola from $90.00 to $96.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Piper Sandler reissued an “overweight” rating and issued a $95.00 price target (up from $88.00) on shares of CocaCola in a research note on Wednesday. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, CocaCola has a consensus rating of “Moderate Buy” and a consensus price target of $95.56.

CocaCola Trading Up 2.1%

CocaCola stock traded up $1.90 during trading on Wednesday, reaching $90.17. 6,369,968 shares of the company were exchanged, compared to its average volume of 17,368,693. The stock’s 50 day simple moving average is $81.62 and its two-hundred day simple moving average is $78.39. The company has a market capitalization of $387.93 billion, a P/E ratio of 28.38, a PEG ratio of 3.41 and a beta of 0.34. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. CocaCola has a 52-week low of $65.35 and a 52-week high of $90.92.

CocaCola (NYSE:KO) last issued its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the company earned $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities research analysts expect that CocaCola will post 3.26 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Chairman James Quincey sold 436,296 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the completion of the sale, the chairman owned 122,833 shares in the company, valued at approximately $9,842,608.29. This trade represents a 78.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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. Also, EVP Nancy Quan sold 31,625 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. The trade was a 12.40% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 899,905 shares of company stock worth $71,832,315 in the last 90 days. Company insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On CocaCola

A number of large investors have recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of CocaCola during the fourth quarter worth $3,865,807,000. Cardano Risk Management B.V. boosted its stake in shares of CocaCola by 867.2% in the fourth quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company’s stock worth $1,008,954,000 after buying an additional 12,939,959 shares during the last quarter. Marshall Wace LLP grew its holdings in CocaCola by 1,206.9% during the fourth quarter. Marshall Wace LLP now owns 10,641,007 shares of the company’s stock worth $743,913,000 after acquiring an additional 9,826,768 shares during the period. Bank of America Corp DE boosted its position in CocaCola by 29.2% in the 4th quarter. Bank of America Corp DE now owns 40,182,323 shares of the company’s stock worth $2,809,146,000 after purchasing an additional 9,078,447 shares in the last quarter. Finally, Capital World Investors boosted its holdings in CocaCola by 98.7% during the fourth quarter. Capital World Investors now owns 12,573,527 shares of the company’s stock worth $879,015,000 after buying an additional 6,246,627 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Q2 results exceeded expectations: Coca-Cola reported adjusted earnings of $0.97 per share versus the $0.93 consensus, while revenue reached approximately $13.37 billion, ahead of the $13.17 billion estimate. Revenue increased roughly 6% year over year, supported by higher concentrate sales, pricing and product mix. Coca-Cola Reports Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: Stronger volumes and guidance: Global unit-case volume rose 5%, reportedly Coca-Cola’s best quarterly volume growth in 17 years. Management raised its 2026 outlook, including organic revenue growth of approximately 5% and comparable EPS growth of 9% to 10%, while maintaining an EPS range of $3.27 to $3.30. Coca-Cola hails World Cup hydration breaks as it lifts annual forecasts
• Positive Sentiment: World Cup and brand momentum: Coca-Cola benefited from its FIFA World Cup sponsorship and strong demand for zero-sugar beverages, fairlife and other products. The company said it gained value share despite a challenging consumer environment, helping drive optimism across the consumer-staples sector. FIFA World Cup Delivers Coca-Cola’s Best Quarterly Volume Growth in 17 Years
• Positive Sentiment: Analyst support: Jefferies raised its price target from $95 to $104 and assigned a “buy” rating, implying additional upside based on the referenced price.
• Neutral Sentiment: Fairlife disruption is easing: Coca-Cola said most Fairlife production has resumed following a cyberattack, reducing the risk of a prolonged supply interruption but highlighting an operational vulnerability. Coca-Cola says most of Fairlife’s production has been resumed after cyberattack
• Negative Sentiment: Valuation and mixed ratings: At roughly 28 times earnings, KO is priced aggressively after a strong 2026 advance. HSBC downgraded the shares from “strong-buy” to “hold,” arguing that upside may be limited and PepsiCo offers better value.

CocaCola Company Profile

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.