CocaCola (NYSE:KO) Updates FY 2026 Earnings Guidance

CocaCola (NYSE:KO) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (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 6.5%

Shares of CocaCola stock traded up $5.49 on Tuesday, hitting $89.56. The company had a trading volume of 7,005,464 shares, compared to its average volume of 17,248,252. The stock has a 50-day moving average of $81.49 and a 200-day moving average of $78.24. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. CocaCola has a twelve month low of $65.35 and a twelve month high of $89.75. The firm has a market capitalization of $385.35 billion, a P/E ratio of 28.08, a P/E/G ratio of 3.33 and a beta of 0.34.

CocaCola (NYSE:KO) last announced its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) 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%.The business had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. During the same quarter last year, the firm earned $0.87 EPS. CocaCola’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. Research analysts predict that CocaCola will post 3.26 earnings per share for the current year.

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 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, September 15th. CocaCola’s dividend payout ratio (DPR) is 66.67%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on KO shares. Citigroup lifted their price objective on shares of CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Royal Bank Of Canada reiterated an “outperform” rating on shares of CocaCola in a research note on Friday. Piper Sandler restated an “overweight” rating on shares of CocaCola in a research report on Friday, June 26th. Truist Financial set a $88.00 target price on CocaCola in a research report on Friday, June 26th. Finally, Sanford C. Bernstein set a $83.00 price target on CocaCola in a report on Thursday, July 9th. Fourteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $89.33.

Insider Transactions at CocaCola

In other news, EVP Jennifer K. Mann sold 100,000 shares of CocaCola 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 in the company, valued at approximately $14,412,772.64. The trade was a 35.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 Nancy Quan sold 31,625 shares of CocaCola stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $80.93, for a total value of $2,559,411.25. Following the completion of the transaction, the executive vice president directly owned 223,330 shares in the company, valued at approximately $18,074,096.90. This represents a 12.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 899,905 shares of company stock worth $71,832,315. Corporate insiders own 0.90% of the company’s stock.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Q2 earnings and revenue beat expectations. Coca-Cola reported comparable earnings of $0.97 per share, up from $0.87 a year earlier and above the $0.92 consensus estimate. Revenue reached approximately $13.37 billion to $13.38 billion, exceeding estimates of $13.17 billion and rising roughly 6% to 7% year over year. Coca-Cola Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Growth was supported by pricing, product mix and higher concentrate sales. Global unit case volume increased 5%, while net income attributable to shareowners rose 16% to $4.43 billion and operating income climbed 9%. Strong demand for zero-sugar beverages and fairlife products, along with World Cup/FIFA marketing, provided additional momentum. Coca-Cola Profit Rises on Higher Concentrate Sales and Pricing
• Positive Sentiment: Coca-Cola raised its 2026 outlook. The company now expects organic revenue growth of approximately 5%, versus prior guidance of 4% to 5%, and comparable EPS growth of 9% to 10%, up from 8% to 9%. Full-year EPS guidance is $3.27 to $3.30. Coca-Cola Reports Second Quarter Results and Raises Full-Year Guidance
• Neutral Sentiment: Valuation may limit additional upside. KO trades near its yearly high at roughly 26 times earnings, after gaining 19% this year and 67.7% over five years. Investors may therefore expect continued execution before assigning the shares a higher multiple.

Institutional Investors Weigh In On CocaCola

A number of large investors have recently bought and sold shares of KO. Brighton Jones LLC lifted its holdings in shares of CocaCola by 13.3% in the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock worth $2,433,000 after purchasing an additional 4,591 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of CocaCola by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock valued at $548,000 after buying an additional 293 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of CocaCola during the first quarter worth about $210,000. Jump Financial LLC raised its holdings in shares of CocaCola by 450.5% in the 2nd quarter. Jump Financial LLC now owns 39,583 shares of the company’s stock worth $2,800,000 after acquiring an additional 32,392 shares during the last quarter. Finally, Osterweis Capital Management Inc. lifted its position in CocaCola by 548.2% in the 2nd quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company’s stock valued at $75,000 after acquiring an additional 899 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

CocaCola Company Profile

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.