FY2026 EPS Estimates for CocaCola Raised by Erste Group Bank

Key Points

• Erste Group Bank raised its FY2026 EPS estimate for Coca-Cola to $3.26 from $3.22, matching the current Wall Street consensus. It also set its FY2027 EPS forecast at $3.48.
• Coca-Cola’s latest quarterly results beat expectations, with EPS of $0.86 versus $0.81 expected and revenue of $12.47 billion versus $12.24 billion forecast. The company also reiterated FY2026 guidance of $3.24 to $3.27 per share.
• Analyst sentiment remains constructive, with multiple firms lifting price targets and the stock carrying a consensus Buy rating and average target of $86.27. Coca-Cola also announced a quarterly dividend of $0.53 per share, implying a 2.7% yield.

CocaCola Company (The) (NYSE:KO - Free Report) - Analysts at Erste Group Bank increased their FY2026 earnings per share (EPS) estimates for shares of CocaCola in a research note issued to investors on Tuesday, May 5th. Erste Group Bank analyst S. Lingnau now expects that the company will earn $3.26 per share for the year, up from their previous forecast of $3.22. The consensus estimate for CocaCola's current full-year earnings is $3.26 per share. Erste Group Bank also issued estimates for CocaCola's FY2027 earnings at $3.48 EPS.

CocaCola (NYSE:KO - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The business had revenue of $12.47 billion during the quarter, compared to the consensus estimate of $12.24 billion. During the same period in the prior year, the company posted $0.73 EPS. The firm's revenue for the quarter was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS.

KO has been the subject of several other reports. Wells Fargo & Company upped their price target on CocaCola from $79.00 to $87.00 and gave the stock an "overweight" rating in a research note on Monday, February 9th. TD Cowen upped their price target on CocaCola from $85.00 to $90.00 and gave the stock a "buy" rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded CocaCola from a "buy (b)" rating to a "buy (b+)" rating in a research note on Monday, May 4th. Morgan Stanley set a $88.00 price target on CocaCola in a research note on Wednesday, March 11th. Finally, Evercore restated an "outperform" rating and issued a $85.00 price target on shares of CocaCola in a research note on Wednesday, February 11th. Fifteen research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $86.27.

CocaCola Trading Down 0.0%

KO stock opened at $78.40 on Monday. CocaCola has a 1-year low of $65.35 and a 1-year high of $82.00. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The company has a market capitalization of $337.32 billion, a price-to-earnings ratio of 24.65, a PEG ratio of 3.13 and a beta of 0.35. The business has a 50 day simple moving average of $77.03 and a two-hundred day simple moving average of $73.84.

Institutional Trading of CocaCola

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. increased its stake in CocaCola by 0.3% in the first quarter. Geneos Wealth Management Inc. now owns 40,879 shares of the company's stock worth $3,109,000 after purchasing an additional 129 shares during the period. HORAN Wealth LLC increased its stake in CocaCola by 3.9% in the first quarter. HORAN Wealth LLC now owns 3,458 shares of the company's stock worth $263,000 after purchasing an additional 130 shares during the period. Beacon Financial Advisory LLC increased its stake in CocaCola by 0.5% in the first quarter. Beacon Financial Advisory LLC now owns 26,844 shares of the company's stock worth $2,041,000 after purchasing an additional 136 shares during the period. Vestia Personal Wealth Advisors increased its stake in CocaCola by 3.8% in the fourth quarter. Vestia Personal Wealth Advisors now owns 3,819 shares of the company's stock worth $275,000 after purchasing an additional 140 shares during the period. Finally, Alteri Wealth LLC increased its stake in CocaCola by 1.9% in the fourth quarter. Alteri Wealth LLC now owns 7,738 shares of the company's stock worth $541,000 after purchasing an additional 141 shares during the period. Hedge funds and other institutional investors own 70.26% of the company's stock.

Insider Activity at CocaCola

In related news, insider Bruno Pietracci sold 28,765 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $79.41, for a total transaction of $2,284,228.65. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO John Murphy sold 72,449 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $80.52, for a total value of $5,833,593.48. Following the sale, the chief financial officer owned 279,917 shares in the company, valued at $22,538,916.84. The trade was a 20.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 555,101 shares of company stock worth $44,208,566 in the last ninety days. Corporate insiders own 0.90% of the company's stock.

CocaCola Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.7%. The ex-dividend date is Monday, June 15th. CocaCola's dividend payout ratio is presently 66.67%.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Coca-Cola to $3.26, signaling confidence that full-year earnings should meet expectations. CocaCola stock page
• Positive Sentiment: Zacks and Erste Group Bank also lifted select future-year estimates, including FY2027 and Q3 2026 forecasts, suggesting analysts see continued earnings resilience. CocaCola stock page
• Neutral Sentiment: A separate market commentary highlighted dividend stocks as attractive amid geopolitical uncertainty and recession worries, which may reinforce investor interest in defensive names like Coca-Cola. 2 Dividend Stocks That Are No-Brainer Buys in May
• Negative Sentiment: Not all revisions were higher: Zacks trimmed some quarterly and FY2028 estimates, indicating analysts still see some near-term earnings pressure in parts of the forecast period. CocaCola stock page

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.

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