The Coca-Cola Company (KO)
NYSE: KO · IEX Real-Time Price · USD
60.17
+1.26 (2.14%)
At close: Apr 19, 2024, 4:00 PM
60.11
-0.06 (-0.10%)
After-hours: Apr 19, 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 67.08, with a low estimate of 60 and a high estimate of 74. The average target predicts an increase of 11.48% from the current stock price of 60.17.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for KO stock from 12 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 7 | 7 | 6 | 6 | 6 | 6 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $66 → $65 | Buy | Maintains | $66 → $65 | +8.03% | Apr 19, 2024 |
| Barclays | Barclays | Buy Maintains $66 → $68 | Buy | Maintains | $66 → $68 | +13.01% | Apr 12, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $67 → $70 | Strong Buy | Maintains | $67 → $70 | +16.34% | Mar 7, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $64 → $66 | Buy | Maintains | $64 → $66 | +9.69% | Feb 14, 2024 |
| Barclays | Barclays | Buy Maintains $60 → $66 | Buy | Maintains | $60 → $66 | +9.69% | Jan 16, 2024 |
Financial Forecast
Revenue This Year
47.19B
from 45.75B
Increased by 3.14%
Revenue Next Year
49.50B
from 47.19B
Increased by 4.90%
EPS This Year
2.90
from 2.47
Increased by 17.30%
EPS Next Year
3.09
from 2.90
Increased by 6.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 49.0B | 51.5B | 54.9B | 58.7B | 59.3B |
| Avg | 47.2B | 49.5B | 52.2B | 55.7B | 58.1B |
| Low | 44.4B | 46.0B | 48.0B | 51.3B | 55.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.1% | 9.0% | 10.9% | 12.4% | 6.3% |
| Avg | 3.1% | 4.9% | 5.4% | 6.8% | 4.3% |
| Low | -2.9% | -2.4% | -3.1% | -1.7% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.99 | 3.23 | 3.56 | 3.75 | 4.01 |
| Avg | 2.90 | 3.09 | 3.32 | 3.63 | 3.86 |
| Low | 2.74 | 2.82 | 2.98 | 3.37 | 3.60 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.0% | 11.6% | 15.2% | 13.1% | 10.6% |
| Avg | 17.3% | 6.7% | 7.3% | 9.4% | 6.4% |
| Low | 11.1% | -2.6% | -3.6% | 1.7% | -0.8% |
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.