FY2026 EPS Estimates for CocaCola Raised by Erste Group Bank

CocaCola Company (The) (NYSE:KO) – Equities research analysts at Erste Group Bank raised their FY2026 earnings per share estimates for CocaCola in a research report issued on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now anticipates that the company will earn $3.30 per share for the year, up from their prior forecast of $3.27. The consensus estimate for CocaCola’s current full-year earnings is $3.29 per share. Erste Group Bank also issued estimates for CocaCola’s FY2027 earnings at $3.53 EPS.

CocaCola (NYSE:KO) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The company had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. During the same period last year, the company earned $0.87 EPS. CocaCola’s revenue for the quarter was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS.

Several other research analysts have also recently weighed in on KO. Barclays boosted their price objective on shares of CocaCola from $91.00 to $93.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Jefferies Financial Group raised their target price on shares of CocaCola from $95.00 to $104.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Bank of America lifted their target price on shares of CocaCola from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. JPMorgan Chase & Co. boosted their target price on shares of CocaCola from $90.00 to $96.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, Wells Fargo & Company increased their price target on CocaCola from $90.00 to $95.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Fifteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $95.76.

CocaCola Price Performance

KO opened at $86.82 on Tuesday. The company’s 50-day simple moving average is $82.82 and its two-hundred day simple moving average is $79.44. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30. The stock has a market capitalization of $373.55 billion, a P/E ratio of 26.07, a P/E/G ratio of 3.04 and a beta of 0.33. CocaCola has a 52-week low of $65.35 and a 52-week high of $90.92.

CocaCola Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s dividend payout ratio (DPR) is 63.66%.

Insider Activity at CocaCola

In related news, insider Bruno Pietracci sold 75,727 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $89.65, for a total value of $6,788,925.55. Following the transaction, the insider directly owned 35,393 shares of the company’s stock, valued at approximately $3,172,982.45. The trade was a 68.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 company’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 value of $2,559,411.25. Following the completion of the transaction, the executive vice president owned 223,330 shares of the company’s stock, valued at $18,074,096.90. The trade was a 12.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,455,202 shares of company stock worth $123,620,742 in the last three months. Corporate insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On CocaCola

Hedge funds and other institutional investors have recently modified their holdings of the stock. Eurizon SLJ Capital Ltd purchased a new position in CocaCola in the fourth quarter valued at $552,000. Farther Finance Advisors LLC increased its holdings in CocaCola by 38.1% during the 4th quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company’s stock worth $7,802,000 after purchasing an additional 30,786 shares during the period. King Luther Capital Management Corp lifted its stake in CocaCola by 0.8% in the fourth quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company’s stock worth $269,330,000 after acquiring an additional 31,694 shares during the last quarter. Retirement Guys Formula LLC grew its holdings in CocaCola by 40.5% during the 4th quarter. Retirement Guys Formula LLC now owns 49,056 shares of the company’s stock worth $3,429,000 after acquiring an additional 14,130 shares in the last quarter. Finally, Cibc World Market Inc. increased its position in shares of CocaCola by 4.8% in the 4th quarter. Cibc World Market Inc. now owns 1,759,546 shares of the company’s stock valued at $123,010,000 after purchasing an additional 79,946 shares during the last quarter. 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: Recent second-quarter results exceeded expectations, with earnings of $0.97 per share versus a $0.93 consensus estimate and revenue of $13.37 billion versus $13.17 billion expected. Revenue increased 6.2% year over year, supporting the stock’s upward momentum. 5 Stocks the Market Rewarded After Strong Earnings Results
• Positive Sentiment: Growth appears to be supported by consumption rather than pricing alone: organic revenue rose 6%, while unit case volume increased 5%, compared with a 2% contribution from price and product mix. This suggests Coca-Cola is maintaining demand despite broader affordability concerns. Coca-Cola’s Revenue Growth: Organic Strength or Pricing-Led?
• Positive Sentiment: Investors continue to view KO as a defensive income holding, supported by its six-decade dividend-growth record, consistent earnings performance and full-year 2026 EPS guidance of $3.27 to $3.30. Shares have also benefited from strong institutional and retiree demand. Why Coca-Cola Is Winning While AI Stocks Grab the Headlines
• Neutral Sentiment: Several announcements concerned Coca-Cola ?çecek A.?. (CCOLA.E/COLZF), an independently listed bottling affiliate rather than Coca-Cola Company shares. Its strong first-half results and a temporary trading halt may have limited relevance to KO’s valuation. Circuit Breaker Halts Trading in Coca-Cola ?çecek Shares
• Negative Sentiment: KO has recently traded near record highs at roughly 26 times trailing earnings. Analysts argue that the stock is near fair value or slightly expensive, leaving less room for upside if future growth or margins disappoint. Coca-Cola Stock Recently Hit a New All-Time High. Has It Gotten Too Expensive?

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.