The Coca-Cola Company (KO)
NYSE: KO · IEX Real-Time Price · USD
63.15
-0.13 (-0.21%)
At close: Jul 2, 2024, 4:00 PM
63.13
-0.02 (-0.04%)
After-hours: Jul 2, 2024, 7:59 PM EDT
The Coca-Cola Company Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for KO stock have an average target of 68.58, with a low estimate of 60 and a high estimate of 72. The average target predicts an increase of 8.60% from the current stock price of 63.15.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for KO stock from 12 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 4 |
| Buy | 6 | 6 | 6 | 6 | 6 | 7 |
| Hold | 2 | 2 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Exane BNP Paribas | Exane BNP Paribas | Buy Initiates $72 | Buy | Initiates | $72 | +14.01% | Jun 24, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $68 → $70 | Buy | Maintains | $68 → $70 | +10.85% | Jun 10, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $70 → $72 | Strong Buy | Maintains | $70 → $72 | +14.01% | May 22, 2024 |
| Barclays | Barclays | Buy Maintains $68 → $69 | Buy | Maintains | $68 → $69 | +9.26% | May 2, 2024 |
| UBS | UBS | Strong Buy Maintains $70 → $72 | Strong Buy | Maintains | $70 → $72 | +14.01% | May 1, 2024 |
Financial Forecast
Revenue This Year
47.07B
from 45.75B
Increased by 2.87%
Revenue Next Year
49.36B
from 47.07B
Increased by 4.86%
EPS This Year
2.91
from 2.47
Increased by 17.70%
EPS Next Year
3.10
from 2.91
Increased by 6.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.6B | 51.4B | 54.9B | 54.0B | 56.6B |
| Avg | 47.1B | 49.4B | 52.0B | 53.0B | 55.5B |
| Low | 44.1B | 45.9B | 48.1B | 50.4B | 52.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.2% | 9.2% | 11.2% | 3.8% | 6.8% |
| Avg | 2.9% | 4.9% | 5.4% | 1.9% | 4.7% |
| Low | -3.5% | -2.4% | -2.4% | -3.1% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.00 | 3.24 | 3.53 | 3.55 | 3.86 |
| Avg | 2.91 | 3.10 | 3.31 | 3.48 | 3.75 |
| Low | 2.74 | 2.89 | 2.98 | 3.31 | 3.53 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.6% | 11.6% | 13.6% | 7.3% | 10.8% |
| Avg | 17.7% | 6.8% | 6.6% | 5.2% | 7.6% |
| Low | 11.1% | -0.6% | -4.0% | 0.1% | 1.3% |
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.