Freedom Broker Issues Positive Forecast for Coca-Cola (NYSE:KO) Stock Price

Coca-Cola (NYSE:KO) had its price objective boosted by equities researchers at Freedom Broker from $85.00 to $89.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage currently has a “hold” rating on the stock. Freedom Broker‘s price objective suggests a potential downside of 3.00% from the stock’s previous close.

A number of other analysts have also recently commented on the stock. DZ Bank restated a “buy” rating on shares of Coca-Cola in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Coca-Cola from $92.00 to $98.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. HSBC increased their price target on shares of Coca-Cola from $90.00 to $98.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Jefferies Financial Group boosted their price objective on shares of Coca-Cola from $95.00 to $104.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, CICC Research upped their price objective on shares of Coca-Cola from $85.00 to $95.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $97.26.

Coca-Cola Stock Up 0.6%

Shares of KO traded up $0.57 on Wednesday, reaching $91.75. The stock had a trading volume of 13,141,024 shares, compared to its average volume of 16,908,770. The firm has a market capitalization of $394.76 billion, a price-to-earnings ratio of 27.55, a price-to-earnings-growth ratio of 3.61 and a beta of 0.32. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30. The company has a 50-day simple moving average of $89.29 and a 200-day simple moving average of $81.73. Coca-Cola has a 12-month low of $67.27 and a 12-month high of $95.37.

Coca-Cola (NYSE:KO) last released its quarterly earnings results on Tuesday, October 27th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. The company had revenue of $13.35 billion for the quarter, compared to analyst estimates of $12.92 billion. Coca-Cola had a return on equity of 39.38% and a net margin of 28.56%. The firm’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.82 earnings per share. Sell-side analysts predict that Coca-Cola will post 3.30 EPS for the current year.

Insider Activity

In other news, CFO John Murphy sold 152,483 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $87.31, for a total value of $13,313,290.73. Following the transaction, the chief financial officer owned 279,917 shares in the company, valued at approximately $24,439,553.27. This represents a 35.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 50,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the sale, the executive vice president owned 223,330 shares in the company, valued at approximately $20,186,798.70. The trade was a 18.29% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 323,806 shares of company stock valued at $28,820,577 in the last quarter. 0.90% of the stock is owned by company insiders.

Institutional Trading of Coca-Cola

Institutional investors and hedge funds have recently modified their holdings of the business. CFC Planning Co LLC lifted its holdings in shares of Coca-Cola by 10.6% during the third quarter. CFC Planning Co LLC now owns 66,215 shares of the company’s stock valued at $5,700,000 after purchasing an additional 6,329 shares in the last quarter. Petros Family Wealth LLC boosted its position in shares of Coca-Cola by 6.3% during the third quarter. Petros Family Wealth LLC now owns 14,107 shares of the company’s stock valued at $1,214,000 after buying an additional 831 shares during the last quarter. Arta Finance Wealth Management LLC bought a new stake in Coca-Cola in the 3rd quarter worth about $228,000. Whelan Financial increased its holdings in Coca-Cola by 20.1% in the 3rd quarter. Whelan Financial now owns 3,191 shares of the company’s stock worth $275,000 after buying an additional 534 shares in the last quarter. Finally, Raleigh Capital Management Inc. increased its holdings in Coca-Cola by 2.2% in the 3rd quarter. Raleigh Capital Management Inc. now owns 8,218 shares of the company’s stock worth $707,000 after buying an additional 180 shares in the last quarter. Institutional investors own 70.26% of the company’s stock.

More Coca-Cola News

Here are the key news stories impacting Coca-Cola this week:

• Positive Sentiment: Analysts raised their price targets and maintained bullish ratings. Citigroup lifted its target to $103 with a “buy” rating, JPMorgan raised its target to $98 while maintaining an “overweight” rating, and TD Cowen increased its target to $104 with a “buy” rating. Coca-Cola analyst forecasts
• Positive Sentiment: Coca-Cola exceeded third-quarter expectations, reporting adjusted EPS of $0.91 versus $0.88 expected and revenue of roughly $13.35 billion versus $12.92 billion expected. Revenue increased 7.2% year over year, while global unit-case volume rose 5%, led by strong demand for Coca-Cola Zero Sugar. Coca-Cola Q3 earnings beat
• Positive Sentiment: Management raised its full-year comparable EPS-growth outlook to at least 11%, up from 9% to 10%, marking the third consecutive outlook increase. Investors also cited $11.4 billion in year-to-date free cash flow and Coca-Cola’s 64-year record of dividend increases as evidence of financial resilience. Is Coca-Cola a buy after earnings
• Neutral Sentiment: Coverage continues to portray KO as a defensive, dependable consumer-staples holding, with resilient U.S. consumer spending and long-term growth potential supporting investor interest. Coca-Cola also launched a wetlands-restoration and water-resilience project in Morocco, reinforcing its sustainability efforts but offering limited near-term earnings impact. Coca-Cola Morocco water project
• Negative Sentiment: North American volume was flat, with weakness in water, sports drinks, coffee and tea. Investors are also monitoring open IRS litigation, potential revenue pressure from divestitures and the stock’s elevated valuation after its strong 2026 advance. Coca-Cola earnings outlook and risks

Coca-Cola Company Profile

The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Founded in 1886, it is best known for Coca-Cola, one of the world’s most recognized soft drink brands.

The company owns, licenses, and markets a broad portfolio of beverages, including sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and energy drinks. Its brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, smartwater, Powerade, Minute Maid, Simply, fairlife, and Costa Coffee, among others.

The Coca-Cola Company serves consumers in more than 200 countries and territories through a system that includes company-operated operations, independent bottling partners, distributors, retailers, and food-service providers.