CocaCola (NYSE:KO) Stock Price Up 2.5% Following Strong Earnings

CocaCola Company (The) (NYSE:KO) shot up 2.5% during mid-day trading on Wednesday following a better than expected earnings announcement. The company traded as high as $79.05 and last traded at $78.7020. 22,411,877 shares changed hands during trading, an increase of 12% from the average session volume of 19,985,041 shares. The stock had previously closed at $76.81.

The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The business had revenue of $11.80 billion for the quarter, compared to analyst estimates of $12.04 billion. CocaCola had a net margin of 27.34% and a return on equity of 43.62%. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period last year, the firm posted $0.55 earnings per share. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Multiple brokerages raised targets or reiterated buy/overweight ratings this morning — UBS lifted its target to $87 (buy) and JPMorgan raised its target to $83 (overweight), giving the stock fresh upside from current levels. UBS price target raise
• Positive Sentiment: Analyst optimism is broad: TD Cowen reaffirmed a Buy with an $85 target and commentary across outlets shows a tilt toward “Strong Buy” consensus, supporting momentum. TD Cowen $85 Buy
• Positive Sentiment: Institutional buying and MarketBeat commentary argue the pullback after earnings created a buying opportunity — institutional accumulation and strong cash‑return outlook (dividends + buybacks) underpin the bullish case. MarketBeat institutional view
• Neutral Sentiment: Q4 results were mixed: EPS beat (adj. $0.58 vs. ~$0.56 est.) but revenue missed consensus; management held FY‑2026 EPS guidance at 3.210–3.240 and forecast organic revenue growth of ~4–5% — these figures reduce uncertainty but leave upside contingent on demand recovery. MarketBeat earnings summary
• Neutral Sentiment: Analyst coverage is shifting price targets but not uniformly — Jefferies trimmed its target slightly (still a buy), underscoring mixed but generally constructive views across the Street. Jefferies/Benzinga note
• Negative Sentiment: Investors initially reacted to a revenue shortfall and comments about choppy soda demand in North America and Europe; that miss triggered an earlier pullback and lingering caution around growth. Reuters revenue miss
• Negative Sentiment: The company took a one‑time non‑cash impairment tied to BODYARMOR trademark (~$960M reported in coverage), which pressured reported operating income and contributed to mixed headlines despite underlying volume/price gains. BODYARMOR impairment coverage
• Negative Sentiment: Some commentators warn the stock is pricing in a lot of perfection (rich valuation vs peers), so upside from here relies on execution against guidance and sustained volume recovery. Seeking Alpha valuation note

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. JPMorgan Chase & Co. upped their price objective on CocaCola from $79.00 to $83.00 and gave the company an “overweight” rating in a research report on Wednesday. Royal Bank Of Canada set a $87.00 price objective on shares of CocaCola in a research note on Wednesday. Truist Financial set a $85.00 price target on shares of CocaCola in a report on Wednesday. Evercore ISI reaffirmed an “outperform” rating and issued a $85.00 target price on shares of CocaCola in a research report on Wednesday. Finally, Wells Fargo & Company lifted their price target on shares of CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating and seventeen have given a Buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $83.29.

Insider Activity at CocaCola

In related news, EVP Nancy Quan sold 31,625 shares of CocaCola stock in a transaction dated 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 sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $15,894,396.10. This trade represents a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO James Quincey sold 337,824 shares of the business’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $77.10, for a total transaction of $26,046,230.40. Following the completion of the sale, the chief executive officer directly owned 342,546 shares in the company, valued at $26,410,296.60. This trade represents a 49.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 509,138 shares of company stock valued at $38,186,963. Insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On CocaCola

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KO. Vanguard Group Inc. raised its stake in CocaCola by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 367,441,971 shares of the company’s stock valued at $25,996,519,000 after purchasing an additional 6,241,163 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of CocaCola in the second quarter valued at about $22,443,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of CocaCola by 2.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,051,957 shares of the company’s stock valued at $136,086,000 after buying an additional 57,407 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of CocaCola by 1.9% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 10,408,798 shares of the company’s stock worth $690,311,000 after buying an additional 198,886 shares in the last quarter. Finally, Nicola Wealth Management LTD. boosted its position in CocaCola by 42.3% during the third quarter. Nicola Wealth Management LTD. now owns 185,000 shares of the company’s stock worth $12,269,000 after acquiring an additional 55,000 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

CocaCola Stock Performance

The company has a market cap of $338.55 billion, a PE ratio of 26.06, a PEG ratio of 4.00 and a beta of 0.36. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.00 and a current ratio of 1.21. The firm’s 50 day moving average is $71.57 and its 200-day moving average is $69.88.

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.