The Coca-Cola Company (KO)
NYSE: KO · Real-Time Price · USD
62.84
+0.46 (0.74%)
At close: Dec 24, 2024, 1:00 PM
62.80
-0.04 (-0.06%)
After-hours: Dec 24, 2024, 3:56 PM EST
The Coca-Cola Company Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for KO stock have an average target of 72.47, with a low estimate of 68 and a high estimate of 80. The average target predicts an increase of 15.32% from the current stock price of 62.84.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for KO stock from 15 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 6 |
| Buy | 8 | 7 | 7 | 7 | 7 | 7 |
| Hold | 3 | 3 | 4 | 4 | 4 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 15 | 16 | 16 | 16 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $68 → $70 | Hold → Strong Buy | Upgrades | $68 → $70 | +11.39% | Dec 12, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $78 → $75 | Buy | Maintains | $78 → $75 | +19.35% | Dec 2, 2024 |
| Barclays | Barclays | Buy Maintains $74 → $73 | Buy | Maintains | $74 → $73 | +16.17% | Oct 25, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $78 → $76 | Buy | Maintains | $78 → $76 | +20.94% | Oct 24, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $70 → $80 | Strong Buy | Maintains | $70 → $80 | +27.31% | Oct 16, 2024 |
Financial Forecast
Revenue This Year
47.61B
from 45.75B
Increased by 4.06%
Revenue Next Year
49.41B
from 47.61B
Increased by 3.77%
EPS This Year
2.94
from 2.47
Increased by 18.97%
EPS Next Year
3.06
from 2.94
Increased by 4.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 48.9B | 51.3B | 54.3B | |||
| Avg | 47.6B | 49.4B | 52.1B | |||
| Low | 45.1B | 46.3B | 48.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 6.8% | 7.7% | 9.8% | |||
| Avg | 4.1% | 3.8% | 5.4% | |||
| Low | -1.5% | -2.8% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.03 | 3.23 | 3.51 | |||
| Avg | 2.94 | 3.06 | 3.29 | |||
| Low | 2.78 | 2.85 | 3.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 22.9% | 10.1% | 14.6% | |||
| Avg | 19.0% | 4.2% | 7.5% | |||
| Low | 12.7% | -3.0% | 0.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.