CocaCola (NYSE:KO) Issues FY 2026 Earnings Guidance

CocaCola (NYSE:KO) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 3.210-3.240 for the period, compared to the consensus EPS estimate of 3.230. The company issued revenue guidance of -.

CocaCola Trading Down 0.9%

Shares of NYSE:KO opened at $77.26 on Tuesday. CocaCola has a 12-month low of $65.35 and a 12-month high of $79.20. The business’s fifty day simple moving average is $71.45 and its 200-day simple moving average is $69.83. The company has a market capitalization of $332.36 billion, a PE ratio of 25.62, a P/E/G ratio of 4.06 and a beta of 0.36. The company has a current ratio of 1.21, a quick ratio of 1.00 and a debt-to-equity ratio of 1.30.

CocaCola (NYSE:KO) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. CocaCola had a return on equity of 43.62% and a net margin of 27.34%.The firm had revenue of $11.80 billion during the quarter, compared to analysts’ expectations of $12.04 billion. During the same period in the prior year, the business posted $0.55 EPS. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. As a group, equities research analysts predict that CocaCola will post 2.96 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. TD Cowen reiterated a “buy” rating on shares of CocaCola in a research note on Wednesday, October 22nd. Jefferies Financial Group upped their price target on CocaCola from $84.00 to $88.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Wells Fargo & Company boosted their target price on CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research note on Monday. Royal Bank Of Canada reiterated an “outperform” rating and issued a $78.00 price target on shares of CocaCola in a research note on Friday. Finally, Bank of America raised their price target on CocaCola from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $81.14.

Insider Activity

In related news, EVP Manuel Arroyo sold 139,689 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $70.80, for a total value of $9,889,981.20. Following the sale, the executive vice president owned 58,067 shares in the company, valued at $4,111,143.60. This represents a 70.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Nancy Quan sold 31,625 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $71.17, for a total transaction of $2,250,751.25. Following the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $15,894,396.10. This represents a 12.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 509,138 shares of company stock valued at $38,186,963. Company insiders own 0.90% of the company’s stock.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: EPS beat and margin strength — KO reported $0.58 EPS vs. $0.56 consensus and showed solid net margin/ROE metrics, which helps underwrite the dividend and long‑term cash generation. View Press Release
• Positive Sentiment: Price and volume helped revenue growth — management said higher pricing and increased volumes contributed to year‑over‑year revenue gains, an important offset to weaker soda demand in some regions. WSJ: Coca‑Cola Revenue Rises
• Neutral Sentiment: FY‑2026 EPS guidance roughly in line — KO guided to $3.210–3.240 EPS, essentially centered on Street expectations, which limits upside surprises but keeps earnings visibility intact. View Press Release
• Neutral Sentiment: Sector tailwind — consumer staples have been a defensive winner YTD; KO remains a large, stable holding in staples ETFs, which can support demand for the shares. MarketBeat: Consumer Staples Outperforming
• Negative Sentiment: Revenue missed expectations — Q4 net revenue fell short of estimates as soda demand softened in North America and Europe, a clear driver of the share weakness. Reuters: Coca‑Cola misses Q4 revenue
• Negative Sentiment: Weaker 2026 growth outlook — management forecast more modest organic revenue growth and called 2026 “sluggish” demand for certain soda categories, below some analyst expectations and weighing on the stock. MSN: Coca‑Cola forecasts sluggish 2026
• Negative Sentiment: BODYARMOR impairment and margin pressure — a ~ $960M non‑cash impairment on BODYARMOR and a big drop in operating income highlight near‑term profitability headwinds that concern dividend and income investors. 24/7 Wall St.: Hidden number in earnings
• Negative Sentiment: Market reaction — shares sold off in premarket trading after the revenue miss and cautious outlook, reflecting investor focus on topline momentum and near‑term growth risk. Blockonomi: KO stock falls 4%

Hedge Funds Weigh In On CocaCola

Institutional investors have recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of CocaCola by 13.3% in the fourth quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock worth $2,433,000 after acquiring an additional 4,591 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in CocaCola by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock valued at $548,000 after purchasing an additional 293 shares during the last quarter. PharVision Advisers LLC purchased a new position in CocaCola in the 3rd quarter valued at $234,000. Mpwm Advisory Solutions LLC acquired a new stake in CocaCola during the 3rd quarter worth $77,000. Finally, Beaird Harris Wealth Management LLC boosted its stake in CocaCola by 17.1% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 2,396 shares of the company’s stock worth $159,000 after purchasing an additional 350 shares during the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

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.