Coca-Cola Stock Reaches New High on Strong Earnings and Guidance
Coca-Cola's stock has reached a fresh 52-week high of $91.23 in recent trading, driven by stronger-than-expected quarterly results and guidance for fiscal 2026.
The company reported earnings per share (EPS) of $0.97 for its latest quarter, exceeding analyst estimates of $0.93. Quarterly revenue also reached $13.37 billion, surpassing consensus expectations of $13.17 billion with a year-over-year growth rate of 6.2 percent.
The solid earnings beat and guidance have underpinned the valuation investors are willing to pay for Coca-Cola shares, which currently trade at around $90.35. Analysts project an average price target of $95.76, representing a mid-single-digit percentage upside from the current trading level.