CocaCola (NYSE:KO) Price Target Raised to $104.00 at Jefferies Financial Group

CocaCola (NYSE:KO) had its price target boosted by investment analysts at Jefferies Financial Group from $95.00 to $104.00 in a research note issued to investors on Wednesday, Marketbeat reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 17.59% from the company’s current price.

A number of other analysts have also recently issued reports on KO. Sanford C. Bernstein reissued a “market perform” rating and issued a $93.00 price objective on shares of CocaCola in a research note on Wednesday. Truist Financial set a $88.00 target price on shares of CocaCola in a report on Friday, June 26th. JPMorgan Chase & Co. raised their price target on CocaCola from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Friday, July 10th. Barclays upped their price objective on CocaCola from $89.00 to $91.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Finally, Citigroup increased their target price on CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Fourteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, CocaCola presently has an average rating of “Moderate Buy” and an average price target of $92.25.

CocaCola Price Performance

Shares of CocaCola stock opened at $88.44 on Wednesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. The stock’s fifty day moving average is $81.62 and its 200 day moving average is $78.39. The stock has a market cap of $380.51 billion, a P/E ratio of 27.81, a P/E/G ratio of 3.41 and a beta of 0.34. CocaCola has a one year low of $65.35 and a one year high of $90.22.

CocaCola (NYSE:KO) last posted 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 40.55% and a net margin of 27.80%.The firm had revenue of $13.37 billion for the quarter, compared to the consensus estimate of $13.17 billion. During the same quarter last year, the company earned $0.87 earnings per share. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Sell-side analysts anticipate that CocaCola will post 3.26 earnings per share for the current year.

Insider Activity

In related news, Chairman James Quincey sold 436,296 shares of the company’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the sale, the chairman owned 122,833 shares of the company’s stock, valued at $9,842,608.29. This represents a 78.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 Jennifer K. Mann sold 100,000 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the transaction, the executive vice president owned 181,384 shares of the company’s stock, valued at $14,412,772.64. This trade represents a 35.54% decrease in their position. The SEC filing for this sale provides additional information. 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. In the last ninety days, insiders sold 899,905 shares of company stock worth $71,832,315. 0.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lantern Wealth Advisors LLC raised its position in CocaCola by 3.6% during the second quarter. Lantern Wealth Advisors LLC now owns 3,316 shares of the company’s stock valued at $270,000 after purchasing an additional 115 shares during the period. Paragon Private Wealth Management LLC raised its position in CocaCola by 1.4% in the 2nd quarter. Paragon Private Wealth Management LLC now owns 8,726 shares of the company’s stock worth $709,000 after purchasing an additional 123 shares during the period. Everpar Advisors LLC grew its stake in shares of CocaCola by 0.9% during the second quarter. Everpar Advisors LLC now owns 14,504 shares of the company’s stock valued at $1,179,000 after buying an additional 125 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of CocaCola by 0.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 40,879 shares of the company’s stock worth $3,109,000 after acquiring an additional 129 shares during the last quarter. Finally, HORAN Wealth LLC boosted its holdings in CocaCola by 3.9% during the 1st quarter. HORAN Wealth LLC now owns 3,458 shares of the company’s stock valued at $263,000 after acquiring an additional 130 shares during the period. Hedge funds and other 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: Q2 results exceeded expectations: Coca-Cola reported adjusted earnings of $0.97 per share, above the $0.93 analyst consensus, while revenue reached approximately $13.37 billion versus estimates of $13.17 billion. Revenue increased about 6% year over year, and earnings rose from $0.87 per share in the prior-year quarter. Coca-Cola Reports Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: Demand and volumes were strong: Global unit-case volume rose 5%, reportedly Coca-Cola’s best quarterly volume growth in 17 years. Growth was helped by demand for zero-sugar beverages and fairlife, higher concentrate sales, pricing and favorable product mix. The company said it gained value share despite a challenging consumer environment. Coca-Cola hails World Cup hydration breaks as it lifts annual forecasts
• Positive Sentiment: Guidance was raised: Management now expects approximately 5% 2026 organic revenue growth, up from prior guidance of 4% to 5%, and comparable EPS growth of 9% to 10%, versus the previous 8% to 9% range. The company maintained full-year EPS guidance of roughly $3.27 to $3.30. Coca-Cola Lifts 2026 Earnings Outlook as Second-Quarter Results Top Views
• Positive Sentiment: World Cup exposure boosted optimism: Coca-Cola’s sponsorship and hydration-related marketing during the FIFA World Cup helped drive product visibility, consumption occasions and volume growth, reinforcing expectations for continued brand strength. FIFA World Cup Delivers Coca-Cola’s Best Quarterly Volume Growth in 17 Years
• Neutral Sentiment: Valuation and expectations are elevated: KO is trading near its one-year high, with a price-to-earnings ratio near 28. The strong results may support the premium, but the valuation leaves less room for execution misses or weaker consumer spending ahead.

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.