FY2026 EPS Estimates for CocaCola Raised by Erste Group Bank

Key Points

• Erste Group Bank raised Coca-Cola’s FY2026 EPS estimate to $3.30 from $3.27, slightly above the $3.29 consensus, and projected FY2027 EPS of $3.53.
• Coca-Cola’s latest quarter exceeded expectations, reporting $0.97 EPS and $13.37 billion in revenue, with revenue up 6.2% year over year. The company reaffirmed FY2026 EPS guidance of $3.27–$3.30.
• Analyst sentiment remains favorable, with a “Moderate Buy” consensus and an average price target of $95.76, though shares trade near recent highs at about 26 times earnings. Coca-Cola also declared a quarterly dividend of $0.53 per share, yielding approximately 2.4% annually.

CocaCola Company (The) (NYSE:KO - Free Report) - Erste Group Bank boosted their FY2026 earnings estimates for shares of CocaCola in a report released on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now expects that the company will earn $3.30 per share for the year, up from their prior estimate of $3.27. The consensus estimate for CocaCola's current full-year earnings is $3.29 per share. Erste Group Bank also issued estimates for CocaCola's FY2027 earnings at $3.53 EPS.

Other analysts also recently issued research reports about the company. Sanford C. Bernstein reiterated a "market perform" rating and issued a $93.00 price objective on shares of CocaCola in a research report on Wednesday, July 29th. Morgan Stanley reissued an "overweight" rating and set a $100.00 price target (up from $89.00) on shares of CocaCola in a research report on Wednesday, July 29th. HSBC cut shares of CocaCola from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 28th. JPMorgan Chase & Co. increased their target price 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, Bank of America increased their target price on shares of CocaCola from $90.00 to $95.00 and gave the stock a "buy" rating in a report on Friday, July 10th. Fifteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, CocaCola currently has an average rating of "Moderate Buy" and a consensus price target of $95.76.

CocaCola Trading Down 0.3%

NYSE KO opened at $86.82 on Tuesday. The firm has a market cap of $373.55 billion, a PE ratio of 26.07, a price-to-earnings-growth ratio of 3.04 and a beta of 0.33. CocaCola has a 1-year low of $65.35 and a 1-year high of $90.92. The stock has a 50-day moving average of $82.82 and a 200-day moving average of $79.44. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97.

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

CocaCola Dividend Announcement

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

Insider Transactions at CocaCola

In related news, Chairman James Quincey sold 145,947 shares of the business's stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $90.09, for a total transaction of $13,148,365.23. Following the sale, the chairman owned 122,833 shares of the company's stock, valued at $11,066,024.97. The trade was a 54.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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, insider Bruno Pietracci sold 75,727 shares of the company's stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $89.65, for a total transaction of $6,788,925.55. Following the completion of the sale, the insider owned 35,393 shares in the company, valued at approximately $3,172,982.45. This trade represents a 68.15% 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. Over the last ninety days, insiders sold 1,455,202 shares of company stock worth $123,620,742. 0.90% of the stock is owned by insiders.

Institutional Trading of CocaCola

A number of hedge funds have recently made changes to their positions in KO. Fourth Dimension Wealth LLC boosted its holdings in CocaCola by 14.0% in the second quarter. Fourth Dimension Wealth LLC now owns 2,642 shares of the company's stock worth $215,000 after acquiring an additional 325 shares in the last quarter. Kuhn & Co Investment Counsel raised its holdings in CocaCola by 27.4% in the second quarter. Kuhn & Co Investment Counsel now owns 6,050 shares of the company's stock worth $492,000 after buying an additional 1,301 shares during the last quarter. Belpointe Asset Management LLC lifted its stake in shares of CocaCola by 13.2% in the second quarter. Belpointe Asset Management LLC now owns 36,889 shares of the company's stock worth $2,998,000 after buying an additional 4,300 shares in the last quarter. Fortis Capital Advisors LLC bought a new position in shares of CocaCola in the second quarter worth approximately $379,000. Finally, Soltis Investment Advisors LLC grew its holdings in shares of CocaCola by 6.9% during the second quarter. Soltis Investment Advisors LLC now owns 128,935 shares of the company's stock valued at $10,479,000 after buying an additional 8,319 shares during the last quarter. 70.26% of the stock is owned by institutional investors.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Recent second-quarter results exceeded expectations, with earnings of $0.97 per share versus a $0.93 consensus estimate and revenue of $13.37 billion versus $13.17 billion expected. Revenue increased 6.2% year over year, supporting the stock’s upward momentum. 5 Stocks the Market Rewarded After Strong Earnings Results
• Positive Sentiment: Growth appears to be supported by consumption rather than pricing alone: organic revenue rose 6%, while unit case volume increased 5%, compared with a 2% contribution from price and product mix. This suggests Coca-Cola is maintaining demand despite broader affordability concerns. Coca-Cola's Revenue Growth: Organic Strength or Pricing-Led?
• Positive Sentiment: Investors continue to view KO as a defensive income holding, supported by its six-decade dividend-growth record, consistent earnings performance and full-year 2026 EPS guidance of $3.27 to $3.30. Shares have also benefited from strong institutional and retiree demand. Why Coca-Cola Is Winning While AI Stocks Grab the Headlines
• Neutral Sentiment: Several announcements concerned Coca-Cola İçecek A.Ş. (CCOLA.E/COLZF), an independently listed bottling affiliate rather than Coca-Cola Company shares. Its strong first-half results and a temporary trading halt may have limited relevance to KO’s valuation. Circuit Breaker Halts Trading in Coca-Cola İçecek Shares
• Negative Sentiment: KO has recently traded near record highs at roughly 26 times trailing earnings. Analysts argue that the stock is near fair value or slightly expensive, leaving less room for upside if future growth or margins disappoint. Coca-Cola Stock Recently Hit a New All-Time High. Has It Gotten Too Expensive?

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.

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.

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