The Coca-Cola Company (KO)
NYSE: KO · IEX Real-Time Price · USD
62.57
-0.46 (-0.73%)
At close: May 20, 2024, 4:00 PM
62.61
+0.04 (0.06%)
Pre-market: May 21, 2024, 6:55 AM 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 68.17, with a low estimate of 60 and a high estimate of 74. The average target predicts an increase of 8.95% from the current stock price of 62.57.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 4 | 4 | 5 |
Buy | 7 | 6 | 6 | 6 | 6 | 6 |
Hold | 2 | 2 | 2 | 2 | 2 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 13 | 12 | 12 | 12 | 12 | 12 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Barclays | Barclays | Buy Maintains $68 → $69 | Buy | Maintains | $68 → $69 | +10.28% | May 2, 2024 |
UBS | UBS | Strong Buy Maintains $70 → $72 | Strong Buy | Maintains | $70 → $72 | +15.07% | May 1, 2024 |
Evercore ISI Group | Evercore ISI Group | Buy Maintains $67 → $70 | Buy | Maintains | $67 → $70 | +11.87% | May 1, 2024 |
JP Morgan | JP Morgan | Buy Maintains $65 → $68 | Buy | Maintains | $65 → $68 | +8.68% | May 1, 2024 |
JP Morgan | JP Morgan | Buy Maintains $66 → $65 | Buy | Maintains | $66 → $65 | +3.88% | Apr 19, 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 | 57.5B | 61.2B |
Avg | 47.2B | 49.5B | 52.2B | 54.7B | 57.5B |
Low | 44.4B | 46.0B | 48.0B | 50.4B | 52.8B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 7.1% | 9.0% | 10.9% | 10.2% | 11.9% |
Avg | 3.1% | 4.9% | 5.4% | 4.7% | 5.2% |
Low | -2.9% | -2.4% | -3.1% | -3.4% | -3.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 2.99 | 3.23 | 3.56 | 3.73 | 3.97 |
Avg | 2.90 | 3.09 | 3.32 | 3.56 | 3.82 |
Low | 2.74 | 2.82 | 2.98 | 3.30 | 3.59 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 21.0% | 11.6% | 15.2% | 12.4% | 11.4% |
Avg | 17.3% | 6.7% | 7.3% | 7.5% | 7.0% |
Low | 11.1% | -2.6% | -3.6% | -0.4% | 0.7% |
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.