Coca-Cola Stock Raises Full Year Earnings Outlook For Third Consecutive Quarter

Coca-Cola (KO) reported Q3 earnings and revenue beats, raising full-year guidance. EPS was $0.91 vs. $0.88 estimate, revenue $13.38B vs. $12.93B. 24/7 Wall St. targets $106.22, 14.6% upside. Shares up 34.1% YTD, down 0.81% on the day. Management lifted EPS growth guidance to 11% and free cash flow to $13B.

Wells Fargo raised its price target on Coca-Cola (NYSE:KO) to $100 from $90, citing strong 2026 performance. The company reported 4.5% unit case volume growth, 120 basis points gross margin expansion, and full-year EPS guidance at least 11% higher. KO shares gained 30.4% year-to-date. TD Cowen also raised its target to $104, noting resilient demand and strong Q3 results.

TD Cowen raised its price target for Coca-Cola (NYSE:KO) to $104, citing strong Q3 results with 5% unit volume growth, 11% EPS growth, and a 61.89% gross margin. The company also raised its 2026 organic sales guidance to at least 5% and increased its EPS outlook by 150 basis points. Coca-Cola reported Q3 adjusted earnings of $0.91 per share on revenue of $13.4 billion, with organic revenue up 7% and free cash flow at $11.4 billion.

Coca-Cola (KO) reported Q3 revenue of $13.4B, up 7% YoY, and EPS of $0.91, beating estimates. PepsiCo (PEP) lowered its 2026 EPS growth forecast. KO gained 30% YTD, while PEP fell 11%. Analysts see limited upside for KO but potential in PEP due to its snacks business and lower valuation. KO trades at 26.3x P/E, PEP at 15.8x.

Coca-Cola's Q3 revenue rose 7% to $13.4B, beating estimates, while PepsiCo lowered its 2026 EPS outlook. KO stock fell 0.5% premarket, PEP down 1%. KFC's switch to Coca-Cola may boost KO's fast-food presence. Analysts see limited upside for KO, potential in PEP.

Coca-Cola raised its 2026 profit forecast to at least 9% EPS growth, up from 7-8%, after Q3 revenue rose 7.4% to $13.38B, beating estimates. Emerging markets drove volume growth, while packaging costs pressured margins. Shares are up 33% YTD.