CocaCola (NYSE:KO) Given New $91.00 Price Target at Citigroup

CocaCola (NYSE:KOGet Free Report) had its target price hoisted by investment analysts at Citigroup from $90.00 to $91.00 in a report issued on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s price target would indicate a potential upside of 12.55% from the stock’s previous close.

KO has been the topic of a number of other research reports. Weiss Ratings raised CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, May 4th. Barclays increased their price objective on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Wells Fargo & Company increased their price objective on CocaCola from $87.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday. TD Cowen increased their price objective on CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, Royal Bank Of Canada set a $87.00 price objective on CocaCola in a report on Wednesday, February 11th. Fifteen analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $86.53.

Get Our Latest Stock Analysis on KO

CocaCola Stock Up 0.0%

Shares of NYSE KO traded up $0.03 during mid-day trading on Monday, reaching $80.85. 3,711,167 shares of the company’s stock were exchanged, compared to its average volume of 16,797,041. The firm has a market capitalization of $347.86 billion, a price-to-earnings ratio of 25.44, a PEG ratio of 3.23 and a beta of 0.35. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The business has a fifty day simple moving average of $77.00 and a 200 day simple moving average of $74.26. CocaCola has a twelve month low of $65.35 and a twelve month high of $82.00.

CocaCola (NYSE:KOGet Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. The company had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.CocaCola’s revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities analysts expect that CocaCola will post 3.26 EPS for the current fiscal year.

Insider Buying and Selling at CocaCola

In other CocaCola news, CEO James Quincey sold 250,688 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.14, for a total value of $19,839,448.32. Following the completion of the transaction, the chief executive officer directly owned 278,155 shares in the company, valued at $22,013,186.70. This trade represents a 47.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO John Murphy sold 99,437 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $80.42, for a total value of $7,996,723.54. Following the completion of the transaction, the chief financial officer owned 410,550 shares of the company’s stock, valued at approximately $33,016,431. This represents a 19.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 755,101 shares of company stock valued at $59,988,566 in the last 90 days. 0.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC boosted its stake in shares of CocaCola by 38.1% during the 4th quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company’s stock worth $7,802,000 after acquiring an additional 30,786 shares during the period. Dynamic Technology Lab Private Ltd increased its stake in shares of CocaCola by 82.3% during the third quarter. Dynamic Technology Lab Private Ltd now owns 49,700 shares of the company’s stock worth $3,296,000 after purchasing an additional 22,444 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in CocaCola by 2.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,051,957 shares of the company’s stock valued at $136,086,000 after purchasing an additional 57,407 shares during the period. Nicola Wealth Management LTD. boosted its stake in CocaCola by 42.3% in the 3rd quarter. Nicola Wealth Management LTD. now owns 185,000 shares of the company’s stock valued at $12,269,000 after purchasing an additional 55,000 shares during the period. Finally, Atlantic Union Bankshares Corp boosted its stake in CocaCola by 19.9% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 120,866 shares of the company’s stock valued at $8,016,000 after purchasing an additional 20,032 shares during the period. 70.26% of the stock is currently owned by institutional investors.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

  • Positive Sentiment: Wells Fargo raised its price target on Coca-Cola from $87 to $90 and reiterated an overweight rating, signaling confidence that the stock can still climb from current levels. Benzinga
  • Positive Sentiment: Multiple recent analyst updates have been bullish, including buy/overweight-style calls from Barclays, JPMorgan, Evercore ISI, and others, which supports the stock’s positive momentum and “buy” consensus. Consensus Recommendation Article
  • Positive Sentiment: Recent coverage pointed to Coca-Cola’s diversification and growth from products like Fuze Tea, suggesting the company is benefiting from expanding beverage categories beyond traditional sodas. Seeking Alpha article
  • Neutral Sentiment: Another note focused on valuation after the stock’s recent run-up, indicating investors are reassessing whether the shares still have room to run after a strong stretch. Yahoo Finance article
  • Neutral Sentiment: Social-media and data-driven commentary highlighted Coca-Cola’s long-term stability, dividend appeal, and strong Q1 2026 revenue growth, but also noted ongoing insider selling, which some investors may view as a mild caution flag. Quiver Quantitative article

About CocaCola

(Get Free Report)

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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Analyst Recommendations for CocaCola (NYSE:KO)

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