The Coca-Cola Company (KO)
NYSE: KO · Real-Time Price · USD
63.92
+0.16 (0.25%)
At close: Nov 22, 2024, 4:00 PM
64.10
+0.18 (0.28%)
After-hours: Nov 22, 2024, 7:52 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 72.33, with a low estimate of 65 and a high estimate of 80. The average target predicts an increase of 13.16% from the current stock price of 63.92.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for KO stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 5 |
| Buy | 7 | 8 | 7 | 7 | 7 | 7 |
| Hold | 1 | 3 | 3 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 16 | 15 | 16 | 16 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $74 → $73 | Buy | Maintains | $74 → $73 | +14.21% | Oct 25, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $78 → $76 | Buy | Maintains | $78 → $76 | +18.90% | Oct 24, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $70 → $80 | Strong Buy | Maintains | $70 → $80 | +25.16% | Oct 16, 2024 |
| Barclays | Barclays | Buy Maintains $70 → $74 | Buy | Maintains | $70 → $74 | +15.77% | Oct 11, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $73 → $78 | Buy | Maintains | $73 → $78 | +22.03% | Sep 16, 2024 |
Financial Forecast
Revenue This Year
47.62B
from 45.75B
Increased by 4.08%
Revenue Next Year
49.47B
from 47.62B
Increased by 3.88%
EPS This Year
2.94
from 2.47
Increased by 18.99%
EPS Next Year
3.06
from 2.94
Increased by 4.28%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.9B | 51.3B | 54.3B | ||
| Avg | 47.6B | 49.5B | 52.2B | ||
| Low | 45.1B | 46.3B | 48.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.8% | 7.7% | 9.7% | ||
| Avg | 4.1% | 3.9% | 5.4% | ||
| Low | -1.5% | -2.8% | -2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.03 | 3.23 | 3.51 | ||
| Avg | 2.94 | 3.06 | 3.29 | ||
| Low | 2.78 | 2.85 | 3.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.9% | 10.0% | 14.4% | ||
| Avg | 19.0% | 4.3% | 7.3% | ||
| Low | 12.7% | -3.0% | -2.2% |
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.