What is Zacks Research’s Estimate for CocaCola Q2 Earnings?

CocaCola Company (The) (NYSE:KO) – Zacks Research raised their Q2 2026 earnings per share estimates for CocaCola in a research report issued on Tuesday, February 24th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.93 per share for the quarter, up from their previous estimate of $0.92. The consensus estimate for CocaCola’s current full-year earnings is $2.96 per share. Zacks Research also issued estimates for CocaCola’s FY2026 earnings at $3.23 EPS, Q1 2027 earnings at $0.88 EPS, Q2 2027 earnings at $1.01 EPS, FY2027 earnings at $3.47 EPS and FY2028 earnings at $3.75 EPS.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.56 by $0.02. The firm had revenue of $11.82 billion for the quarter, compared to the consensus estimate of $12.04 billion. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.55 earnings per share. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS.

A number of other research firms have also recently weighed in on KO. Truist Financial set a $85.00 target price on shares of CocaCola in a research note on Wednesday, February 11th. JPMorgan Chase & Co. upped their price objective on CocaCola from $79.00 to $83.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Barclays increased their target price on CocaCola from $77.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $83.00 price target on shares of CocaCola in a report on Thursday, January 29th. Finally, Royal Bank Of Canada set a $87.00 price objective on shares of CocaCola in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company. Based on data from MarketBeat, CocaCola has a consensus rating of “Buy” and an average target price of $84.33.

CocaCola Stock Performance

KO opened at $81.46 on Thursday. The company has a 50 day simple moving average of $74.02 and a two-hundred day simple moving average of $70.82. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.25. The firm has a market cap of $350.32 billion, a P/E ratio of 26.79, a PEG ratio of 3.37 and a beta of 0.36. CocaCola has a 1-year low of $65.35 and a 1-year high of $82.00.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Anfield Capital Management LLC increased its stake in CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after purchasing an additional 294 shares during the period. Headlands Technologies LLC bought a new position in shares of CocaCola in the second quarter worth about $26,000. Marquette Asset Management LLC purchased a new position in CocaCola in the 3rd quarter worth about $27,000. Cloud Capital Management LLC bought a new stake in CocaCola during the 3rd quarter valued at about $27,000. Finally, Evolution Wealth Management Inc. boosted its position in CocaCola by 1,081.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after buying an additional 357 shares during the period. Institutional investors own 70.26% of the company’s stock.

Insider Buying and Selling at CocaCola

In related news, CFO John Murphy sold 99,437 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $80.42, for a total value of $7,996,723.54. Following the completion of the transaction, the chief financial officer owned 410,550 shares of the company’s stock, valued at approximately $33,016,431. This trade represents a 19.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Monica Howard Douglas sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $80.16, for a total value of $1,603,200.00. Following the sale, the executive vice president directly owned 57,532 shares in the company, valued at $4,611,765.12. The trade was a 25.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 493,587 shares of company stock valued at $38,577,228 over the last quarter. 0.97% of the stock is owned by corporate insiders.

CocaCola Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be issued a $0.53 dividend. This is a boost from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, March 13th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.6%. CocaCola’s payout ratio is presently 67.11%.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Unusual call buying — Investors purchased ~61,806 call options on KO Friday (about 17% above a typical day), signaling short‑term bullish positioning that can amplify upside into upcoming catalysts.
• Positive Sentiment: Zacks raised near‑term and multi‑year EPS forecasts — Analysts lifted Q1/Q2 and FY2026–FY2028 estimates, nudging forward EPS momentum and supporting a higher valuation multiple for KO.
• Neutral Sentiment: Defensive rotation / momentum into blue‑chips — MarketBeat highlighted KO as part of a broader move into defensive, dividend‑paying names as tech cools; that thematic flow helps demand for KO but is macro‑driven. MarketBeat Week in Review
• Neutral Sentiment: Swire Pacific restructuring of its Vietnam Coca‑Cola stake — Corporate-level changes in regional ownership could alter local distribution/partner dynamics; impact on KO is indirect and longer term. Swire Pacific update
• Neutral Sentiment: Positive press on KO as a long‑running dividend name — Inclusion in lists of century‑plus dividend payers/reliable blue‑chips supports buy‑and‑hold interest but is a slow, steady demand factor. 247WallSt dividend article
• Negative Sentiment: Significant insider selling — Several executives disclosed recent share sales (CFO John Murphy sold ~99,437 shares; EVP Monica Howard Douglas sold 20,000; EVP Beatriz R. Perez sold multiple blocks). Large insider dispositions can weigh on sentiment even when company fundamentals remain intact. SEC filings: CFO Form 4 EVP Monica Form 4 EVP Beatriz Form 4

CocaCola Company Profile

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.