CocaCola (NYSE:KO) Updates FY 2026 Earnings Guidance

CocaCola (NYSE:KO) updated its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.270-3.300 for the period, compared to the consensus earnings per share estimate of 3.270. The company issued revenue guidance of -.

CocaCola Stock Up 2.2%

NYSE:KO opened at $84.08 on Tuesday. CocaCola has a 52 week low of $65.35 and a 52 week high of $85.68. The stock’s fifty day moving average is $81.49 and its two-hundred day moving average is $78.24. The stock has a market capitalization of $361.77 billion, a price-to-earnings ratio of 26.44, a price-to-earnings-growth ratio of 3.33 and a beta of 0.34. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09.

CocaCola (NYSE:KO) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Research analysts anticipate that CocaCola will post 3.26 EPS for the current year.

CocaCola Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 annualized dividend and a dividend yield of 2.5%. CocaCola’s dividend payout ratio (DPR) is presently 66.67%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on KO shares. Truist Financial set a $88.00 price objective on shares of CocaCola in a report on Friday, June 26th. Weiss Ratings raised shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, May 4th. JPMorgan Chase & Co. boosted their price target on shares of CocaCola from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday, July 10th. Wells Fargo & Company increased their price objective on CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Finally, Bank of America lifted their target price on CocaCola from $90.00 to $95.00 and gave the company a “buy” rating in a report on Friday, July 10th. Fourteen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $89.33.

Insiders Place Their Bets

In related news, Chairman James Quincey sold 436,296 shares of the business’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 completion of the transaction, the chairman owned 122,833 shares in the company, valued at approximately $9,842,608.29. The trade was a 78.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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 value of $7,946,000.00. Following the completion of the transaction, the executive vice president directly owned 181,384 shares in the company, 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. Insiders sold 899,905 shares of company stock worth $71,832,315 in the last 90 days. Corporate insiders own 0.90% of the company’s stock.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola reported second-quarter results and increased its full-year outlook, citing revenue, profit and earnings growth, as well as value-share gains. The raised guidance is the primary catalyst supporting KO today. Coca-Cola Reports Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: Investors had been buying Coca-Cola ahead of earnings, reflecting confidence in the company’s defensive beverage portfolio, digital initiatives and consistent dividend profile. Smart Investors Snap Up Coca-Cola Stock Ahead of Q2 Earnings
• Neutral Sentiment: The earnings release followed extensive investor attention because Coca-Cola was trading close to record levels and options markets implied the report could materially affect its market value. Coca-Cola Earnings Could Put $10.7 Billion in Market Value on the Line
• Negative Sentiment: Valuation remains a risk: Coca-Cola’s earnings-based multiples were described as expensive after a 67.7% five-year return, meaning the stock may need continued execution and upgraded guidance to justify its premium valuation. Is Coca-Cola Reasonable on Cash Flow or Rich on Earnings?

Institutional Trading of CocaCola

A number of institutional investors have recently bought and sold shares of KO. Headlands Technologies LLC purchased a new position in shares of CocaCola in the 2nd quarter valued at about $26,000. Ankerstar Wealth LLC purchased a new stake in CocaCola during the fourth quarter worth approximately $30,000. Turning Point Benefit Group Inc. purchased a new stake in CocaCola during the third quarter worth approximately $33,000. Wealth Watch Advisors INC acquired a new position in CocaCola in the third quarter valued at approximately $34,000. Finally, Sfam LLC acquired a new position in CocaCola in the fourth quarter valued at approximately $34,000. 70.26% of the stock is owned by hedge funds and other institutional investors.

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.