FY2027 EPS Estimates for CocaCola Increased by Analyst

Key Points

• Zacks Research raised Coca-Cola’s FY2027 EPS estimate to $3.52 from $3.51, above the company’s current full-year consensus estimate of $3.29.
• Coca-Cola recently beat quarterly expectations, reporting $0.97 EPS versus $0.93 expected and $13.37 billion in revenue versus $13.17 billion expected; revenue increased 6.2% year over year.
• Analysts maintain a favorable outlook, with the stock carrying a “Moderate Buy” consensus rating and a $95.76 average price target. Coca-Cola also declared a quarterly dividend of $0.53, representing a 2.4% annualized yield.

CocaCola Company (The) (NYSE:KO - Free Report) - Investment analysts at Zacks Research upped their FY2027 earnings per share estimates for shares of CocaCola in a report released on Tuesday, September 8th. Zacks Research analyst Team now forecasts that the company will post earnings of $3.52 per share for the year, up from their previous estimate of $3.51. The consensus estimate for CocaCola's current full-year earnings is $3.29 per share.

CocaCola (NYSE:KO - Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.04. The firm had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The firm's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS.

KO has been the topic of a number of other research reports. Piper Sandler boosted their target price on shares of CocaCola from $88.00 to $95.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. The Goldman Sachs Group reissued a "neutral" rating and issued a $86.00 price target (up from $82.00) on shares of CocaCola in a report on Tuesday, July 28th. UBS Group set a $104.00 price target on shares of CocaCola and gave the stock a "buy" rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. boosted their price objective on shares of CocaCola from $90.00 to $96.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Finally, Evercore reaffirmed an "outperform" rating and set a $100.00 price objective on shares of CocaCola in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $95.76.

CocaCola Stock Up 0.4%

Shares of KO stock opened at $88.38 on Wednesday. CocaCola has a 12 month low of $65.35 and a 12 month high of $92.49. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. The firm has a market cap of $380.27 billion, a PE ratio of 26.54, a price-to-earnings-growth ratio of 3.43 and a beta of 0.34. The stock has a 50 day moving average of $86.35 and a 200-day moving average of $81.32.

Hedge Funds Weigh In On CocaCola

Hedge funds and other institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System lifted its stake in CocaCola by 7,365.2% during the second quarter. California State Teachers Retirement System now owns 487,509,960 shares of the company's stock worth $39,619,934,000 after purchasing an additional 480,979,487 shares during the period. Norges Bank bought a new stake in shares of CocaCola in the 4th quarter valued at approximately $3,865,807,000. Cardano Risk Management B.V. grew its stake in shares of CocaCola by 867.2% in the 4th quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company's stock valued at $1,008,954,000 after purchasing an additional 12,939,959 shares during the period. Marshall Wace LLP raised its holdings in shares of CocaCola by 1,206.9% in the 4th quarter. Marshall Wace LLP now owns 10,641,007 shares of the company's stock worth $743,913,000 after buying an additional 9,826,768 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of CocaCola by 29.2% in the 4th quarter. Bank of America Corp DE now owns 40,182,323 shares of the company's stock worth $2,809,146,000 after buying an additional 9,078,447 shares in the last quarter. 70.26% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other CocaCola news, CFO John Murphy sold 152,483 shares of the business's stock in a transaction on Friday, July 31st. The shares were sold at an average price of $87.31, for a total value of $13,313,290.73. Following the sale, the chief financial officer owned 279,917 shares of the company's stock, valued at $24,439,553.27. The trade was a 35.26% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Bruno Pietracci sold 111,365 shares of the business's stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $90.93, for a total transaction of $10,126,419.45. Following the completion of the sale, the insider directly owned 41,365 shares in the company, valued at $3,761,319.45. This trade represents a 72.92% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 926,620 shares of company stock valued at $83,075,714 in the last ninety days. 0.90% of the stock is currently owned by insiders.

CocaCola Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 15th. CocaCola's dividend payout ratio is presently 63.66%.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analysts and market commentators continue to highlight Coca-Cola’s ability to generate returns through both business growth and shareholder distributions. Its brand strength, pricing power and defensive demand are helping explain its outperformance in 2026. Andrew Sather: Most Investors Are Missing Why Coca-Cola Is Outperforming
• Positive Sentiment: Coca-Cola is being identified as a pricing-power stock that may offer defensive protection against inflation and a weaker dollar. This supports investor demand for KO as a relatively stable consumer-staples holding. Safety Stocks Are Not What They Used to Be
• Positive Sentiment: The company remains attractive to income investors because its dividend profile offers ongoing shareholder returns without the capped upside associated with some covered-call income funds. JEPI Is an Income Machine
• Neutral Sentiment: Coca-Cola’s premiumization strategy is expanding higher-priced offerings while retaining affordable packages. The approach could improve revenue and margins, but it also carries risk if pricing pressures reduce consumer demand. Coca-Cola’s Premiumization Push
• Neutral Sentiment: Several articles compare KO’s 2026 performance with other defensive stocks and assess whether its advance near record levels is sustainable, signaling strong sentiment but also elevated valuation risk. Is Coca-Cola a Buy Near an All-Time High?
• Neutral Sentiment: News about former executive Brian Dyson’s death is historical and unlikely to materially affect Coca-Cola’s current financial outlook. Brian Dyson Dies at Age 90

CocaCola Company Profile

The Coca-Cola Company NYSE: KO is a global beverage company best known for its Coca-Cola soft drink, which was first introduced in 1886. The company was incorporated in 1892 and has grown into one of the world's largest beverage businesses.

Its portfolio includes sparkling soft drinks such as Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite and Fanta, along with water, sports drinks, coffee, tea, juice and dairy-based beverages. Other brands associated with the company include Dasani, smartwater, Powerade, Minute Maid, Simply, Costa Coffee, fairlife and Topo Chico.

The Coca-Cola Company primarily develops, owns and markets beverage brands, while relying on a global network of independent bottling partners and distributors to manufacture, package and deliver many of its products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.