Coca-Cola Stock Earnings Estimates Raised by Zacks Research

Coca-Cola Company (The) (NYSE:KO – Free Report) – Research analysts at Zacks Research lifted their FY2026 earnings per share (EPS) estimates for shares of Coca-Cola in a research report issued to clients and investors on Tuesday, November 10th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $3.34 for the year, up from their prior estimate of $3.29. The consensus estimate for Coca-Cola’s current full-year earnings is $3.34 per share. Zacks Research also issued estimates for Coca-Cola’s Q2 2027 earnings at $1.02 EPS, FY2027 earnings at $3.53 EPS, Q2 2028 earnings at $1.09 EPS, Q3 2028 earnings at $1.03 EPS and FY2028 earnings at $3.78 EPS.

Coca-Cola (NYSE:KO – Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. Coca-Cola had a net margin of 28.65% and a return on equity of 38.79%. The company had revenue of $13.35 billion during the quarter, compared to analyst estimates of $12.92 billion. During the same period in the prior year, the firm earned $0.82 earnings per share. The business’s quarterly revenue was up 7.2% on a year-over-year basis.

Several other brokerages also recently commented on KO. Jefferies Financial Group upped their price target on shares of Coca-Cola from $95.00 to $104.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. HSBC lifted their price objective on shares of Coca-Cola from $90.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. TD Cowen boosted their target price on shares of Coca-Cola from $100.00 to $104.00 and gave the company a “buy” rating in a research note on Wednesday, October 28th. Bank of America increased their target price on Coca-Cola from $95.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Finally, Argus raised their target price on Coca-Cola from $91.00 to $97.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $97.26.

Read Our Latest Stock Analysis on KO

Coca-Cola Stock Performance

Coca-Cola stock opened at $96.94 on Wednesday. The firm’s 50 day simple moving average is $90.25 and its 200-day simple moving average is $82.93. The company has a market cap of $417.01 billion, a P/E ratio of 28.51, a price-to-earnings-growth ratio of 3.75 and a beta of 0.28. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.38 and a quick ratio of 1.19. Coca-Cola has a fifty-two week low of $67.27 and a fifty-two week high of $97.39.

Coca-Cola Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, December 1st. Coca-Cola’s dividend payout ratio (DPR) is currently 62.35%.

Insider Activity at Coca-Cola

In other Coca-Cola news, insider Bruno Pietracci sold 111,365 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $90.93, for a total value of $10,126,419.45. Following the completion of the sale, the insider owned 41,365 shares in the company, valued at $3,761,319.45. This represents a 72.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 50,000 shares of Coca-Cola stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $20,186,798.70. This trade represents a 18.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 249,498 shares of company stock valued at $23,025,238. Corporate insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On Coca-Cola

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Garrett Wealth Advisory Group LLC boosted its stake in Coca-Cola by 1.7% in the third quarter. Garrett Wealth Advisory Group LLC now owns 6,274 shares of the company’s stock valued at $540,000 after acquiring an additional 107 shares during the last quarter. Certified Advisory Corp lifted its position in shares of Coca-Cola by 0.3% in the third quarter. Certified Advisory Corp now owns 33,711 shares of the company’s stock valued at $2,902,000 after buying an additional 108 shares during the last quarter. Lantern Wealth Advisors LLC grew its position in Coca-Cola by 3.6% in the second quarter. Lantern Wealth Advisors LLC now owns 3,316 shares of the company’s stock valued at $270,000 after acquiring an additional 115 shares during the last quarter. New Wave Wealth Advisors LLC raised its stake in Coca-Cola by 4.4% during the third quarter. New Wave Wealth Advisors LLC now owns 2,747 shares of the company’s stock worth $248,000 after acquiring an additional 116 shares in the last quarter. Finally, Gill Capital Partners LLC lifted its holdings in shares of Coca-Cola by 4.1% in the second quarter. Gill Capital Partners LLC now owns 2,992 shares of the company’s stock worth $243,000 after acquiring an additional 117 shares during the last quarter. 70.26% of the stock is owned by institutional investors.

Trending Headlines about Coca-Cola

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

  • Positive Sentiment: Zacks Research raised its EPS forecasts across several periods, including FY2026 to $3.34 from $3.29 and FY2028 to $3.78 from $3.74. The upward revisions suggest improved analyst expectations, though they are modest. Zacks Research estimate updates
  • Positive Sentiment: Recent commentary highlights Coca-Cola’s strong third-quarter results and growth prospects in functional beverages, including fairlife, Powerade and smartwater. Articles also emphasize the company’s durable brands, cash flow and long record of dividend increases—factors that may appeal to long-term and income-focused investors. Coca-Cola is up since reporting earnings Functional beverage demand
  • Neutral Sentiment: EVP Nancy Quan sold 20,585 shares, but the filing says the sale covered tax withholding on vested equity awards. She retained 223,330 shares, making the transaction less suggestive of a change in her outlook. SEC Form 4 filing
  • Negative Sentiment: KO has advanced following earnings and is near its 52-week high, while its forward dividend yield has fallen to around 2.2%. That combination may raise valuation concerns and leave less room for further upside, despite the company’s business strengths. Coca-Cola’s stock gains and dividend yield

About Coca-Cola

(Get Free Report)

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.

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Earnings History and Estimates for Coca-Cola (NYSE:KO)

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