Coca-Cola Stock Edges Up Ahead of Q3 2026 Results
Shares of Coca-Cola (ISIN US1912161007) were trading at EUR 77.13 on October 6, 2026, marking a slight increase of 0.09 percent from the previous close of EUR 77.06. The company, which operates under the ticker KO on the New York Stock Exchange, is set to release its third-quarter 2026 results on October 27, 2026, ahead of market opening.
The beverage giant reported strong second-quarter performance, with revenue reaching USD 13.38 billion, a 7 percent increase from USD 12.54 billion in the same period last year. Net income attributable to common shareholders also rose to USD 4.43 billion, up from USD 3.81 billion, while operating margin improved to 34.9 percent from 34.1 percent. Diluted earnings per share increased by 16 percent to USD 1.03, with comparable earnings per share rising 11 percent to USD 0.97.
Analysts remain bullish on Coca-Cola's prospects, with an average 12-month target price of USD 96.82, according to StreetAlpha. However, recent adjustments include JPMorgan lowering its target from USD 96 to USD 95 on September 28, 2026, while Barclays raised its target from USD 91 to USD 93 on July 30, 2026. The stock's 52-week range stands at USD 65.87 to USD 92.49, with a market capitalization of USD 372.2 billion as of October 5, 2026.
Investors will be closely watching the upcoming earnings report to assess whether the company's revenue growth is sustained by both volume and pricing. The next trading session will provide further insights into the stock's performance.