The Coca-Cola Company (KO)
NYSE: KO · Real-Time Price · USD
71.41
+0.67 (0.94%)
At close: Sep 13, 2024, 4:00 PM
71.55
+0.14 (0.20%)
After-hours: Sep 13, 2024, 7:45 PM EDT
Stock Price Forecast
The 16 analysts with 12-month price forecasts for KO stock have an average target of 70.81, with a low estimate of 64 and a high estimate of 78. The average target predicts a decrease of -0.84% from the current stock price of 71.41.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $64 | $70.81 | $72 | $78 |
| Change | -10.38% | -0.84% | +0.83% | +9.23% |
Analyst Ratings
The average analyst rating for KO stock from 16 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 4 | 5 | 5 | 5 |
| Buy | 6 | 6 | 7 | 8 | 7 | 7 |
| Hold | 2 | 1 | 1 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 16 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CFRA | CFRA | Strong Buy → Hold Downgrades $72 | Strong Buy → Hold | Downgrades | $72 | +0.83% | Sep 5, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $70 → $78 | Buy | Maintains | $70 → $78 | +9.23% | Aug 27, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $65 → $70 | Hold | Maintains | $65 → $70 | -1.97% | Jul 25, 2024 |
| Barclays | Barclays | Buy Maintains $69 → $70 | Buy | Maintains | $69 → $70 | -1.97% | Jul 25, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $65 → $70 | Strong Buy | Maintains | $65 → $70 | -1.97% | Jul 25, 2024 |
Financial Forecast
Revenue This Year
Increased by 3.64%
from 45.75B
Revenue Next Year
49.65B
from 47.42B
Increased by 4.71%
from 47.42B
EPS This Year
2.94
from 2.47
Increased by 18.96%
from 2.47
EPS Next Year
3.13
from 2.94
Increased by 6.38%
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 | 47.42B | 49.65B | 52.35B | ||
| Revenue Growth | 8.65% | -11.41% | 17.09% | 11.25% | 6.39% | 3.64% | 4.71% | 5.43% | ||
| EPS | 2.07 | 1.79 | 2.25 | 2.19 | 2.47 | 2.94 | 3.13 | 3.34 | ||
| EPS Growth | 38.00% | -13.53% | 25.70% | -2.67% | 12.79% | 18.96% | 6.38% | 6.96% | ||
| Forward PE | - | - | - | - | - | 24.30 | 22.84 | 21.36 | ||
| No. Analysts | - | - | - | - | - | 28 | 28 | 19 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.8B | 51.5B | 54.9B | ||
| Avg | 47.4B | 49.7B | 52.3B | ||
| Low | 44.7B | 46.5B | 48.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.7% | 8.7% | 10.6% | ||
| Avg | 3.6% | 4.7% | 5.4% | ||
| Low | -2.3% | -1.9% | -1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.04 | 3.28 | 3.57 | ||
| Avg | 2.94 | 3.13 | 3.34 | ||
| Low | 2.77 | 2.87 | 2.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.1% | 11.5% | 14.2% | ||
| Avg | 19.0% | 6.4% | 7.0% | ||
| Low | 12.3% | -2.3% | -4.7% |
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.
