CocaCola (NYSE:KO) Releases FY 2026 Earnings Guidance

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

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Barclays reissued an “overweight” rating on shares of CocaCola in a research note on Thursday, October 23rd. Evercore ISI reissued an “outperform” rating and set a $85.00 target price on shares of CocaCola in a research report on Wednesday. UBS Group upped their target price on CocaCola from $82.00 to $87.00 and gave the stock a “buy” rating in a research report on Wednesday. Royal Bank Of Canada set a $87.00 price target on shares of CocaCola in a research note on Wednesday. Finally, Bank of America increased their target price on CocaCola from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating and seventeen have issued a Buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $83.29.

CocaCola Trading Up 2.5%

NYSE:KO opened at $78.70 on Thursday. The stock has a market cap of $338.55 billion, a PE ratio of 25.89, a price-to-earnings-growth ratio of 3.95 and a beta of 0.36. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.00. The stock’s 50-day moving average is $71.73 and its two-hundred day moving average is $69.95. CocaCola has a fifty-two week low of $65.35 and a fifty-two week high of $79.20.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The business had revenue of $11.80 billion for the quarter, compared to analyst estimates of $12.04 billion. During the same period in the previous year, the company posted $0.55 earnings per share. The firm’s revenue for the quarter 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 forecast that CocaCola will post 2.96 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other 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 transaction, the executive vice president owned 58,067 shares of the company’s stock, valued at approximately $4,111,143.60. This represents a 70.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Nancy Quan sold 31,625 shares of the firm’s 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 transaction, the executive vice president directly owned 223,330 shares in the company, valued at approximately $15,894,396.10. This represents a 12.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 509,138 shares of company stock worth $38,186,963. Company insiders own 0.97% of the company’s stock.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Several brokers raised price targets and reiterated Buy/Overweight ratings (UBS to $87, JPMorgan to $83, TD Cowen to $85), giving the stock fresh upside from Wall Street and supporting the rally. Read More.
• Positive Sentiment: Analysts emphasize resilience: Q4 adjusted EPS topped estimates, unit case growth and price/mix improvement point to durable pricing power and margin recovery potential. Read More.
• Positive Sentiment: MarketBeat and others highlight healthy free cash flow, sustained dividend capacity and modest buybacks — institutional accumulation data show long‑term buyers supporting the stock. Read More.
• Neutral Sentiment: Coca‑Cola confirmed FY‑2026 EPS guidance (3.210–3.240) and described a strategy shift under an incoming CEO focused on faster innovation; these are strategic positives but will take time to affect top‑line momentum. Read More.
• Negative Sentiment: Q4 revenue missed consensus (reported ~ $11.8B vs. higher estimates), and management’s 2026 organic growth guide was slightly below some expectations — this drove the initial post‑earnings pullback as investors questioned near‑term demand. Read More.
• Negative Sentiment: A ~$960M non‑cash impairment tied to the BODYARMOR trademark reduced reported operating income and created headline noise; while one‑off, it pressured margins and investor sentiment. Read More.
• Negative Sentiment: Short‑term volatility followed the report — KO pulled back after the release before buyers stepped in, meaning near‑term price action remains sensitive to guidance and subsequent monthly/quarterly sales data. Read More.

Institutional Trading of CocaCola

Several hedge funds have recently modified their holdings of KO. Headlands Technologies LLC bought a new position in CocaCola during the 2nd quarter worth approximately $26,000. Turning Point Benefit Group Inc. purchased a new position in CocaCola during the 3rd quarter valued at about $33,000. Wealth Watch Advisors INC bought a new stake in shares of CocaCola in the 3rd quarter worth approximately $34,000. Binnacle Investments Inc increased its holdings in shares of CocaCola by 33.4% during the second quarter. Binnacle Investments Inc now owns 651 shares of the company’s stock valued at $46,000 after acquiring an additional 163 shares in the last quarter. Finally, Imprint Wealth LLC purchased a new position in CocaCola in the 3rd quarter worth approximately $50,000. Institutional investors own 70.26% of the company’s stock.

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.