The Coca-Cola Company (KO)

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 15.72% from the current stock price of 62.63.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$68	$72.47	$72	$80
Change	+8.58%	+15.72%	+14.97%	+27.74%

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
Steve Powers Deutsche Bank	Deutsche Bank	Hold → Strong Buy Upgrades $68 → $70	Hold → Strong Buy	Upgrades	$68 → $70	+11.78%	Dec 12, 2024
Chris Carey Wells Fargo	Wells Fargo	Buy Maintains $78 → $75	Buy	Maintains	$78 → $75	+19.76%	Dec 2, 2024
Lauren Lieberman Barclays	Barclays	Buy Maintains $74 → $73	Buy	Maintains	$74 → $73	+16.57%	Oct 25, 2024
Dara Mohsenian Morgan Stanley	Morgan Stanley	Buy Maintains $78 → $76	Buy	Maintains	$78 → $76	+21.36%	Oct 24, 2024
Bill Chappell Truist Securities	Truist Securities	Strong Buy Maintains $70 → $80	Strong Buy	Maintains	$70 → $80	+27.74%	Oct 16, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

47.61B

Increased by 4.06%

from 45.75B

Revenue Next Year

49.41B

Increased by 3.77%

from 47.61B

EPS This Year

2.94

Increased by 18.97%

from 2.47

EPS Next Year

3.06

Increased by 4.16%

from 2.94

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	37.27B	33.01B	38.66B	43.00B	45.75B	47.61B	49.41B	52.07B
Revenue Growth	8.65%	-11.41%	17.09%	11.25%	6.39%	4.06%	3.77%	5.39%
EPS	2.07	1.79	2.25	2.19	2.47	2.94	3.06	3.29
EPS Growth	38.00%	-13.53%	25.70%	-2.67%	12.79%	18.97%	4.16%	7.54%
Forward PE	-	-	-	-	-	21.31	20.46	19.03
No. Analysts	-	-	-	-	-	27	27	19

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

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.