Coca-Cola (NYSE:KO) Price Target Raised to $98.00

Coca-Cola (NYSE:KO) had its price target boosted by JPMorgan Chase & Co. from $95.00 to $98.00 in a research report report published on Wednesday morning,Benzinga reports. They currently have an overweight rating on the stock.

A number of other equities analysts have also recently weighed in on KO. 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. Citigroup upped their price objective on shares of Coca-Cola from $100.00 to $102.00 and gave the company a “buy” rating in a research report on Wednesday, October 14th. Daiwa Securities Group raised their price objective on Coca-Cola from $83.00 to $93.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Seaport Research Partners set a $95.00 target price on Coca-Cola in a report on Friday, August 14th. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $93.00 target price (up from $83.00) on shares of Coca-Cola in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Coca-Cola has a consensus rating of “Moderate Buy” and an average price target of $97.26.

Coca-Cola Stock Performance

Shares of KO stock opened at $94.11 on Wednesday. The stock has a market cap of $404.85 billion, a PE ratio of 27.96, a price-to-earnings-growth ratio of 3.62 and a beta of 0.32. The stock has a 50-day moving average of $89.47 and a 200-day moving average of $82.07. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.38 and a quick ratio of 1.12. Coca-Cola has a one year low of $67.27 and a one year high of $95.37.

Coca-Cola (NYSE:KO) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.03. The business had revenue of $13.35 billion for the quarter, compared to analyst estimates of $12.92 billion. Coca-Cola had a net margin of 28.65% and a return on equity of 38.79%. Coca-Cola’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.82 EPS. As a group, sell-side analysts expect that Coca-Cola will post 3.34 earnings per share for the current year.

Coca-Cola Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, December 1st. Coca-Cola’s dividend payout ratio is 63.66%.

Insider Transactions at Coca-Cola

In related news, EVP Nancy Quan sold 50,000 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $20,186,798.70. This represents a 18.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanket Ray sold 9,958 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at approximately $5,372,082.50. The trade was a 13.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 171,323 shares of company stock valued at $15,507,286 over the last quarter. Corporate insiders own 0.90% of the company’s stock.

Institutional Trading of Coca-Cola

A number of institutional investors have recently modified their holdings of the company. Bank of America Corp DE raised its stake in Coca-Cola by 4.4% during the 2nd quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock valued at $3,735,058,000 after purchasing an additional 1,939,673 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Coca-Cola by 0.4% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,354,414 shares of the company’s stock worth $2,954,523,000 after purchasing an additional 162,097 shares during the period. Wellington Management Group LLP boosted its stake in Coca-Cola by 9.2% in the 2nd quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock worth $2,361,198,000 after purchasing an additional 2,439,026 shares during the period. Dimensional Fund Advisors LP boosted its stake in Coca-Cola by 1.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company’s stock worth $1,431,495,000 after purchasing an additional 235,785 shares during the period. Finally, Fayez Sarofim & Co grew its holdings in Coca-Cola by 0.7% during the 2nd quarter. Fayez Sarofim & Co now owns 15,272,831 shares of the company’s stock valued at $1,241,223,000 after buying an additional 113,599 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors.

Key Coca-Cola News

Here are the key news stories impacting Coca-Cola this week:

• Positive Sentiment: Better-than-expected earnings and higher guidance: Coca-Cola’s third-quarter results exceeded Wall Street expectations, supported by 5% unit case-volume growth, consumer recruitment, affordability initiatives, and disciplined execution. Management now expects comparable EPS to increase at least 11% in 2026. Coca-Cola’s Q3 earnings call: our top 5 analyst questions
• Positive Sentiment: Analyst optimism is reinforcing the rally: TD Cowen, JPMorgan, Citigroup, and Freedom Broker all recently raised their Coca-Cola price targets or indicated potential appreciation. Jim Cramer also recommended buying KO after the earnings beat. Coca-Cola stock gets price target boost from JPMorgan Chase
• Positive Sentiment: Defensive dividend appeal: Coca-Cola continues to be highlighted as a dependable “Dividend King,” with a long record of annual payout increases and strong brand durability—features attracting income investors amid broader market uncertainty. No Tricks, Just Treats: 3 Dividend Stocks With Payouts You Can Trust
• Positive Sentiment: Long-term emerging-market opportunity: Coca-Cola’s distribution network and local brands provide room for growth in developing markets, where a large share of beverage purchases remains untapped. The company is also considering a 2027 IPO for its Indian bottling arm, potentially creating capital and valuation benefits. Too Late to Buy Coca-Cola? 1 Reason It Isn’t.

About Coca-Cola

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.