yahoo Press
Coca-Cola Stock: Is Wall Street Bullish or Bearish?
Images
The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. With a market cap of $337.2 billion, The Coca-Cola Company (KO) is a global beverage company that manufactures and sells a wide range of nonalcoholic drinks, including soft drinks, water, juice, tea, coffee, and sports beverages across the United States and internationally. It distributes its products through an extensive network of bottling partners, distributors, and retailers. Shares of the Atlanta, Georgia-based company have lagged behind the broader market over the past 52 weeks. KO stock has increased 8.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 28.3%. However, shares of the company are up 12.5% on a YTD basis, outpacing SPX’s 4.2% rise. Why the Real Story Behind the UAE’s OPEC Exit is Petrodollar Diplomacy AMD Earnings Bull Put Spread has a High Probability of Success Nasdaq Futures Plunge as AI Concerns Resurface, FOMC Meeting and Earnings in Focus Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Narrowing the focus, KO stock has also outperformed the State Street Consumer Staples Select Sector SPDR ETF’s (XLP) 1.6% return over the past 52 weeks. Shares of Coca-Cola rose 3.9% on Apr. 28 after the company reported better-than-expected Q1 2026 revenue of $12.47 billion and adjusted EPS of $0.86. The company also raised its full-year earnings growth forecast to 8% - 9%. Additionally, solid 3% volume growth outpacing 2% pricing and resilient consumer demand, especially for zero-sugar and premium beverages, reinforced investor optimism. For the fiscal year ending in December 2026, analysts expect Coca-Cola’s adjusted EPS to grow 7.7% year-over-year to $3.23. The company’s earnings surprise history is strong. It beat the consensus estimates in the last four quarters. Among the 23 analysts covering the stock, the consensus rating is a “Strong Buy.” That’s based on 18 “Strong Buy” ratings, two “Moderate Buys,” and three “Holds.” On Apr 29, Citigroup analyst Filippo Falorni raised the price target on The Coca-Cola Company to $90 from $87 and maintained a “Buy” rating The mean price target of $84.48 represents a 7.4% premium to KO’s current price levels. The Street-high price target of $90 suggests a 14.4% potential upside. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
Comments
You must be logged in to comment.