Coca-Cola Stock Builds Momentum Ahead of Q3 Earnings Release

Coca-Cola stock is heading toward its third quarter earnings release on October 27, after exceeding expectations in its second quarter financial report. The company's revenue grew by 6.2% year-over-year, surpassing a consensus of $13.17 billion at $13.37 billion. Adjusted EPS also exceeded estimates, coming in at $0.97 compared to the expected $0.93.

Management has set fiscal 2026 adjusted EPS guidance at $3.27-3.30, providing a benchmark for the upcoming earnings report. Analysts remain optimistic about Coca-Cola's prospects, with a Moderate Buy consensus from 23 analysts and an average twelve-month target of $96.18.

Coca-Cola stock has been trading below its yearly high of $92.49, but remains above its low of $65.84. The company's market capitalization stands at $368.5 billion, with a price of $85.65 on the NYSE as of October 2, 2026.