CocaCola (NYSE:KO) Price Target Raised to $90.00 at Wells Fargo & Company

CocaCola (NYSE:KO) had its target price raised by Wells Fargo & Company from $87.00 to $90.00 in a research report sent to investors on Monday morning,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

Several other research analysts also recently commented on KO. Royal Bank Of Canada set a $87.00 target price on shares of CocaCola in a report on Wednesday, February 11th. TD Cowen raised their price target on shares of CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. raised their price target on shares of CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft raised their price target on shares of CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a research report on Monday, March 30th. Finally, Truist Financial set a $85.00 price target on shares of CocaCola in a research report on Wednesday, February 11th. Fifteen analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $86.53.

CocaCola Stock Performance

Shares of KO opened at $81.26 on Monday. The company has a market capitalization of $349.63 billion, a PE ratio of 25.55, a price-to-earnings-growth ratio of 3.23 and a beta of 0.35. CocaCola has a one year low of $65.35 and a one year high of $82.00. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The company’s fifty day moving average price is $77.09 and its 200 day moving average price is $74.33.

CocaCola (NYSE:KO) last announced its earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. The firm had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The business’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, analysts expect that CocaCola will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a $0.53 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.6%. CocaCola’s payout ratio is 66.67%.

Insider Transactions at CocaCola

In other CocaCola news, EVP Monica Howard Douglas sold 23,880 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $77.37, for a total value of $1,847,595.60. Following the transaction, the executive vice president directly owned 17,725 shares in the company, valued at $1,371,383.25. The trade was a 57.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO James Quincey sold 250,688 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.14, for a total transaction of $19,839,448.32. Following the completion of the transaction, the chief executive officer owned 278,155 shares in the company, valued at approximately $22,013,186.70. This trade represents a 47.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 755,101 shares of company stock valued at $59,988,566. 0.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On CocaCola

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its position in CocaCola by 55.8% in the first quarter. EverSource Wealth Advisors LLC now owns 40,647 shares of the company’s stock valued at $3,091,000 after buying an additional 14,552 shares in the last quarter. Core Wealth Advisors Inc. bought a new position in shares of CocaCola in the first quarter worth about $302,000. Elite Wealth Management Inc. raised its stake in shares of CocaCola by 4.4% in the first quarter. Elite Wealth Management Inc. now owns 14,841 shares of the company’s stock worth $1,129,000 after acquiring an additional 620 shares during the last quarter. Empowered Funds LLC raised its stake in shares of CocaCola by 41.9% in the first quarter. Empowered Funds LLC now owns 506,861 shares of the company’s stock worth $38,547,000 after acquiring an additional 149,676 shares during the last quarter. Finally, Evelyn Partners Asset Management Ltd raised its stake in shares of CocaCola by 8.3% in the first quarter. Evelyn Partners Asset Management Ltd now owns 7,967 shares of the company’s stock worth $606,000 after acquiring an additional 610 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Citi raised its price target on Coca-Cola to $91 from $90 and reiterated a Buy rating, citing a potential summer boost from the 2026 FIFA World Cup, where Coca-Cola is an official partner. Coca-Cola’s Fresca Hard Launch And What It Could Mean For KO Investors
• Positive Sentiment: Wells Fargo also lifted its price target on KO, to $90 from $87, and maintained an Overweight rating, reinforcing the view that the stock still has upside from current levels. Benzinga article on Wells Fargo price target increase
• Positive Sentiment: Coca-Cola’s launch of Fresca Hard expands its ready-to-drink alcohol portfolio, giving the company another growth avenue beyond traditional soft drinks and potentially broadening its shelf presence. Coca-Cola’s Fresca Hard Launch And What It Could Mean For KO Investors
• Neutral Sentiment: Analysts say Coca-Cola’s international business was a key contributor to Q1 2026 results, but they also note that foreign exchange swings, conflicts, and commodity inflation could make overseas growth more volatile. Coca-Cola’s International Growth: Key Driver or Volatility Risk?
• Neutral Sentiment: Recent commentary also points to strong momentum in Coca-Cola’s broader beverage mix, including Fuze Tea and other non-core products, which supports the company’s growth narrative but is not a fresh near-term catalyst. Coca-Cola Taps Into A Rapidly Expanding Market With Its Fuze Tea Offering
• Negative Sentiment: Some investors remain cautious because insider activity has skewed heavily toward sales rather than purchases over the past six months, which can weigh on sentiment even when fundamentals are solid. Coca-Cola Stock (KO) Opinions on Recent Performance and Industry Trends

About CocaCola

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.