CocaCola (NYSE:KO) Stock Rating Reaffirmed as Buy by JPMorgan Chase & Co.

28 Sep 2026, 22:42 by Danessa Lincoln · The Markets Daily

CocaCola (NYSE:KO – Get Free Report)‘s stock had its “buy” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Sunday.

A number of other research firms also recently commented on KO. TD Cowen upped their price objective on CocaCola from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Argus boosted their target price on CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Morgan Stanley reaffirmed an “overweight” rating and issued a $100.00 price target (up from $89.00) on shares of CocaCola in a research note on Wednesday, July 29th. Jefferies Financial Group lifted their price objective on shares of CocaCola from $95.00 to $104.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Citigroup upped their target price on shares of CocaCola from $97.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $96.18.

Get Our Latest Report on CocaCola

CocaCola Trading Down 0.6%

Shares of KO traded down $0.56 on Friday, reaching $87.25. 14,490,575 shares of the company’s stock were exchanged, compared to its average volume of 16,932,449. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $375.38 billion, a P/E ratio of 26.20, a price-to-earnings-growth ratio of 3.42 and a beta of 0.34. The business has a 50 day moving average price of $87.64 and a two-hundred day moving average price of $82.13. CocaCola has a 12 month low of $65.35 and a 12 month high of $92.49.

CocaCola (NYSE:KO – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $13.37 billion for the quarter, compared to analysts’ expectations of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Research analysts anticipate that CocaCola will post 3.29 earnings per share for the current year.

Insider Buying and Selling at CocaCola

In related news, insider Sanket Ray sold 9,958 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $86.50, for a total transaction of $861,367.00. Following the completion of the sale, the insider directly owned 62,105 shares of the company’s stock, valued at approximately $5,372,082.50. This represents a 13.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman James Quincey sold 381,140 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $90.04, for a total transaction of $34,317,845.60. Following the sale, the chairman owned 122,833 shares in the company, valued at $11,059,883.32. This trade represents a 75.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 926,620 shares of company stock worth $83,075,714 over the last three months. Company insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Atomic Invest LLC increased its position in shares of CocaCola by 38.7% during the second quarter. Atomic Invest LLC now owns 437 shares of the company’s stock worth $36,000 after acquiring an additional 122 shares in the last quarter. QRG Capital Management Inc. raised its holdings in shares of CocaCola by 9.7% during the second quarter. QRG Capital Management Inc. now owns 501,734 shares of the company’s stock worth $40,776,000 after acquiring an additional 44,386 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in CocaCola by 13.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 254,949 shares of the company’s stock valued at $20,720,000 after acquiring an additional 29,658 shares in the last quarter. Security National Bank of Sioux City Iowa IA boosted its stake in CocaCola by 54.5% in the 2nd quarter. Security National Bank of Sioux City Iowa IA now owns 21,544 shares of the company’s stock worth $1,751,000 after purchasing an additional 7,597 shares during the period. Finally, Bouchey Financial Group Ltd. boosted its stake in CocaCola by 22.8% in the 2nd quarter. Bouchey Financial Group Ltd. now owns 4,756 shares of the company’s stock worth $388,000 after purchasing an additional 883 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

Positive Sentiment: Coca-Cola’s global unit volume increased 5% year over year in the second quarter of 2026. Zacks attributed the growth to stronger execution, portfolio breadth, product innovation and revenue-growth management, supporting the company’s demand outlook. What’s Driving Coca-Cola’s Broad-Based Global Volume Growth?
Positive Sentiment: JPMorgan maintained an “overweight” rating on KO, indicating continued confidence in the company’s defensive qualities and growth prospects, despite trimming its price target to $95 from $96. CocaCola Given New $95.00 Price Target at JPMorgan
Positive Sentiment: The appointment of Rob Gehring, currently Monster Beverage’s CEO of the Americas and a former Coca-Cola executive, to lead Coca-Cola’s North American operations could strengthen execution in a key market and support energy-drink and distribution initiatives. What Could Rob Gehring’s Return Mean For Coca-Cola Investors?
Neutral Sentiment: Wall Street commentary remains broadly bullish on KO, but the article provides limited new information beyond the importance of analyst recommendations to investor sentiment. Is It Worth Investing in Coca-Cola Based on Wall Street’s Bullish Views?
Negative Sentiment: One market commentary cautioned that KO’s strong earnings record, long dividend-growth streak and outperformance may already be reflected in its valuation, limiting near-term upside and increasing the risk of buying at an unfavorable price. Be Careful With Coca-Cola Right Now

About CocaCola

(Get Free Report)

The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company’s best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.