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Coca-Cola (KO) Stock Forecast, Price Target & Predictions

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KO Stock Forecast

Coca-Cola stock forecast is as follows: an average price target of $75.00 (represents a 19.37% upside from KO’s last price of $62.83) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.

KO Price Target

The average price target for Coca-Cola (KO) is $75.00 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $78.00 to $70.00. This represents a potential 19.37% upside from KO's last price of $62.83.

KO Analyst Ratings

Buy

According to 19 Wall Street analysts, Coca-Cola's rating consensus is 'Buy'. The analyst rating breakdown for KO stock is 0 'Strong Buy' (0.00%), 14 'Buy' (73.68%), 5 'Hold' (26.32%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Coca-Cola Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 24, 2024Kaumil GajrawalaJefferies$77.00$68.0113.22%22.55%
Oct 23, 2024Garrett NelsonCFRA$70.00$67.603.55%11.41%
Aug 27, 2024Dara MohsenianMorgan Stanley$78.00$70.8410.11%24.14%
Jul 25, 2024Bill ChappellTruist Financial$70.00$65.816.37%11.41%
May 22, 2024Christopher GrajaArgus Research$72.00$62.9514.39%14.59%
Nov 21, 2023Linda Bolton WeiserD.A. Davidson$81.00$28.70182.23%28.92%
Apr 25, 2023Nik ModiRBC Capital$69.00$63.987.84%9.82%
Apr 25, 2023Callum ElliottBernstein$66.00$63.983.15%5.05%
Mar 07, 2023Dara MohsenianMorgan Stanley$70.00$60.3615.97%11.41%
Feb 14, 2023Kaumil GajrawalaCredit Suisse$64.00$60.605.61%1.86%
Feb 14, 2023Chris CareyWells Fargo$70.00$60.6015.51%11.41%
Dec 06, 2022Deutsche Bank$62.00$63.68-2.64%-1.32%
Oct 10, 2022Gerald PascarelliWedbush$63.00$54.3915.83%0.27%
Sep 06, 2022HSBC$76.00$61.1524.28%20.96%
Jul 27, 2022Deutsche Bank$65.00$62.513.99%3.45%
Jul 27, 2022UBS$72.00$63.2113.91%14.59%
Apr 27, 2022Bill ChappellTruist Financial$75.00$65.5614.40%19.37%
Apr 27, 2022Chris CareyWells Fargo$74.00$66.1511.87%17.78%
Apr 26, 2022Guggenheim$71.00$65.468.46%13.00%
Apr 26, 2022Deutsche Bank$64.00$65.81-2.75%1.86%
Apr 26, 2022Credit Suisse$68.00$65.813.33%8.23%
Apr 26, 2022HSBC$72.00$65.579.80%14.59%
Apr 26, 2022Citigroup$68.00$65.943.12%8.23%
Apr 26, 2022Kaumil GajrawalaCredit Suisse$68.00$65.054.53%8.23%
Apr 26, 2022Vivien AzerCowen & Co.$68.00$65.803.35%8.23%
Apr 25, 2022Garrett NelsonCFRA$72.00$65.949.19%14.59%
Apr 25, 2022Bryan SpillaneBank of America Securities$70.00$65.946.16%11.41%
Apr 25, 2022Laurent GrandetGuggenheim$71.00$65.947.67%13.00%
Apr 25, 2022Vivien AzerCowen & Co.$68.00$65.943.12%8.23%
Apr 22, 2022Andrea Faria TeixeiraJ.P. Morgan$73.00$65.2511.88%16.19%
Apr 21, 2022Kaumil GajrawalaCredit Suisse$66.00$66.21-0.32%5.05%
Feb 21, 2022Robert OttensteinEvercore ISI$70.00$62.5411.93%11.41%
Feb 13, 2022Dara MohsenianMorgan Stanley$76.00$60.2926.06%20.96%
Feb 11, 2022Sean KingUBS$68.00$59.8313.66%8.23%
Feb 10, 2022Laurent GrandetGuggenheim$67.00$60.9110.00%6.64%
Feb 10, 2022Bonnie HerzogGoldman Sachs$60.00$60.91-1.49%-4.50%
Jan 26, 2022Kaumil GajrawalaCredit Suisse$66.00$59.1511.58%5.05%
Jan 04, 2022Garrett NelsonCFRA$68.00$59.8313.66%8.23%
Jul 22, 2021Bryan SpillaneBank of America Securities$64.00$55.1915.96%1.86%
Jul 21, 2021Vivien AzerCowen & Co.$60.00$55.278.56%-4.50%
Jun 17, 2021Chris GrajaArgus Research$63.00$53.7117.30%0.27%
Apr 21, 2021Axel HerlinghausDZ BANK AG$60.00$52.9813.25%-4.50%

The latest Coca-Cola stock forecast, released on Oct 24, 2024 by Kaumil Gajrawala from Jefferies, set a price target of $77.00, which represents a 13.22% increase from the stock price at the time of the forecast ($68.01), and a 22.55% increase from KO last price ($62.83).

Coca-Cola Price Target by Period

1M3M12M
# Anlaysts--5
Avg Price Target--$73.40
Last Closing Price$62.83$62.83$62.83
Upside/Downside-100.00%-100.00%16.82%

In the current month, the average price target of Coca-Cola stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Coca-Cola's last price of $62.83. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 24, 2024Bank of America SecuritiesBuyBuyHold
Oct 24, 2024JefferiesHoldHoldHold
Oct 23, 2024Morgan StanleyOverweightOverweightHold
Oct 23, 2024Goldman SachsNeutralNeutralHold
Oct 23, 2024CFRAHoldHoldHold
Oct 11, 2024BarclaysOverweightOverweightHold
Aug 29, 2024JefferiesHoldHoldHold
Aug 27, 2024Morgan StanleyOverweightOverweightHold
Jul 25, 2024Cowen & Co.HoldHoldHold
Jul 25, 2024BarclaysOverweightOverweightHold
Jul 24, 2024Deutsche BankHoldHoldHold
Jul 24, 2024RBC CapitalOutperformOutperformHold
Jul 24, 2024CitigroupBuyBuyHold
Jul 24, 2024Wells FargoOverweightOverweightHold
Jul 23, 2024Goldman SachsNeutralNeutralHold
Jul 11, 2024Morgan StanleyOverweightOverweightHold
Jun 24, 2024Exane BNP ParibasOutperformInitialise
Jun 10, 2024Morgan StanleyOverweightOverweightHold
May 02, 2024BernsteinOutperformOutperformHold
May 01, 2024Goldman SachsNeutralNeutralHold
May 01, 2024Evercore ISIOutperformOutperformHold
Apr 12, 2024BarclaysOverweightOverweightHold
Mar 22, 2024BarclaysOverweightOverweightHold
Feb 13, 2024Morgan StanleyOverweightOverweightHold
Feb 12, 2024BarclaysOverweightOverweightHold
Nov 06, 2023Morgan StanleyOverweightOverweightHold
Oct 09, 2023BarclaysOverweightOverweightHold
Apr 25, 2023Deutsche BankHoldHoldHold
Apr 25, 2023Morgan StanleyOverweightOverweightHold
Apr 25, 2023BernsteinOutperformOutperformHold
Apr 25, 2023CitigroupBuyBuyHold
Mar 07, 2023Morgan StanleyOverweightOverweightHold
Feb 14, 2023Deutsche BankHoldHoldHold
Feb 14, 2023Credit SuisseOutperformOutperformHold
Feb 14, 2023Morgan StanleyOverweightOverweightHold
Feb 14, 2023Wells FargoOverweightOverweightHold
Dec 08, 2022Wells FargoOverweightOverweightHold
Dec 06, 2022Deutsche BankHoldHoldHold
Oct 28, 2022Deutsche BankHoldHoldHold
Oct 10, 2022WedbushOutperformInitialise
Oct 03, 2022Wells FargoOverweightOverweightHold
Sep 06, 2022HSBCBuyBuyHold
Jul 27, 2022UBSBuyBuyHold
Jul 27, 2022Deutsche BankHoldHoldHold
Jul 22, 2022Morgan StanleyOverweightOverweightHold
Jun 13, 2022Morgan StanleyOverweightOverweightHold
Apr 27, 2022Wells FargoBuyBuyHold
Apr 26, 2022GuggenheimBuyBuyHold
Apr 26, 2022Deutsche BankHoldHoldHold
Apr 26, 2022Credit SuisseOutperformOutperformHold
Apr 26, 2022Cowen & Co.Market PerformMarket PerformHold
Apr 26, 2022HSBCBuyBuyHold
Apr 26, 2022GuggenheimBuyBuyUpgrade
Apr 26, 2022Cowen & Co.HoldHoldHold
Jan 09, 2022GuggenheimBuyUpgrade
Jul 17, 2021JefferiesHoldHoldHold

Coca-Cola's last stock rating was published by Bank of America Securities on Oct 24, 2024. The company gave KO a "Buy" rating, the same as its previous rate.

Coca-Cola Financial Forecast

Coca-Cola Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue----------------$10.85B-$11.97B$10.98B$10.13B$11.06B$11.32B$10.49B$9.46B$10.04B$10.13B$9.02B$8.61B$8.65B
Avg Forecast$12.22B$13.52B$13.98B$12.00B$11.49B$12.88B$13.21B$11.83B$11.03B$12.33B$12.62B$11.28B$10.70B$11.61B$11.78B$11.01B$10.67B$11.44B$11.74B$10.80B$10.00B$10.52B$10.57B$9.83B$8.99B$9.77B$9.31B$8.68B$8.60B$8.36B
High Forecast$12.53B$13.87B$14.33B$12.30B$11.78B$13.20B$13.54B$12.13B$11.30B$12.64B$12.94B$11.50B$10.93B$11.65B$11.78B$11.01B$10.86B$11.58B$12.04B$11.07B$10.20B$10.52B$10.57B$9.83B$8.99B$9.77B$9.31B$8.68B$8.60B$8.36B
Low Forecast$11.92B$13.19B$13.64B$11.70B$11.21B$12.56B$12.88B$11.55B$10.76B$12.03B$12.31B$11.10B$10.55B$11.57B$11.78B$11.01B$10.55B$11.25B$11.46B$10.53B$9.79B$10.52B$10.57B$9.83B$8.99B$9.77B$9.31B$8.68B$8.60B$8.36B
# Analysts46464646353897337126655551111111177
Surprise %----------------1.02%-1.02%1.02%1.01%1.05%1.07%1.07%1.05%1.03%1.09%1.04%1.00%1.03%

Coca-Cola's average Quarter revenue forecast for Mar 24 based on 3 analysts is $11.01B, with a low forecast of $11.01B, and a high forecast of $11.01B. KO's average Quarter revenue forecast represents a 1.46% increase compared to the company's last Quarter revenue of $10.85B (Dec 23).

Coca-Cola EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts46464646353897337126655551111111177
EBITDA----------------$2.27B-$2.68B$4.71B$3.11B$3.95B$2.80B$3.96B$3.43B$3.65B$4.80B$3.56B$3.08B$3.20B
Avg Forecast$4.33B$4.79B$4.95B$4.25B$4.07B$4.56B$4.68B$4.19B$3.91B$4.37B$4.47B$4.00B$3.79B$4.11B$4.17B$4.27B$3.78B$4.05B$4.16B$3.88B$3.30B$3.68B$3.70B$3.53B$3.14B$3.42B$3.26B$3.20B$3.01B$2.93B
High Forecast$4.44B$4.91B$5.08B$4.36B$4.17B$4.68B$4.80B$4.30B$4.01B$4.48B$4.58B$4.08B$3.88B$4.13B$4.17B$5.12B$3.85B$4.10B$4.27B$4.65B$3.96B$3.68B$3.70B$4.23B$3.14B$3.42B$3.26B$3.85B$3.01B$2.93B
Low Forecast$4.23B$4.68B$4.83B$4.15B$3.97B$4.45B$4.57B$4.09B$3.81B$4.26B$4.36B$3.93B$3.74B$4.10B$4.17B$3.41B$3.74B$3.99B$4.06B$3.10B$2.64B$3.68B$3.70B$2.82B$3.14B$3.42B$3.26B$2.56B$3.01B$2.93B
Surprise %----------------0.60%-0.64%1.21%0.94%1.07%0.76%1.12%1.09%1.07%1.47%1.11%1.02%1.09%

3 analysts predict KO's average Quarter EBITDA for Mar 24 to be $4.27B, with a high of $5.12B and a low of $3.41B. This is 87.67% upper than Coca-Cola's previous annual EBITDA (Dec 23) of $2.27B.

Coca-Cola Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts46464646353897337126655551111111177
Net Income----------------$1.97B-$2.55B$3.11B$2.03B$2.83B$1.91B$2.78B$2.45B$2.47B$2.64B$2.25B$1.46B$1.74B
Avg Forecast$2.77B$3.94B$4.20B$3.45B$2.58B$3.67B$3.92B$3.30B$2.38B$3.42B$3.68B$3.15B$2.24B$3.22B$3.48B$2.69B$2.11B$3.00B$3.12B$2.44B$2.32B$2.75B$2.89B$2.22B$1.78B$2.50B$2.43B$2.02B$1.81B$2.00B
High Forecast$2.86B$4.07B$4.33B$3.56B$2.66B$3.79B$4.05B$3.41B$2.46B$3.54B$3.81B$3.24B$2.29B$3.23B$3.48B$3.23B$2.20B$3.14B$3.22B$2.93B$2.79B$2.75B$2.89B$2.67B$1.78B$2.50B$2.43B$2.42B$1.81B$2.00B
Low Forecast$2.68B$3.82B$4.06B$3.34B$2.49B$3.56B$3.80B$3.20B$2.31B$3.32B$3.57B$3.07B$2.20B$3.21B$3.48B$2.15B$1.98B$2.86B$3.02B$1.96B$1.86B$2.75B$2.89B$1.78B$1.78B$2.50B$2.43B$1.62B$1.81B$2.00B
Surprise %----------------0.93%-0.82%1.27%0.87%1.03%0.66%1.25%1.38%0.99%1.09%1.11%0.81%0.87%

Coca-Cola's average Quarter net income forecast for Mar 24 is $2.69B, with a range of $2.15B to $3.23B. KO's average Quarter net income forecast represents a 36.30% increase compared to the company's last Quarter net income of $1.97B (Dec 23).

Coca-Cola SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts46464646353897337126655551111111177
SG&A----------------$3.80B-$3.32B$3.19B$3.43B$3.28B$3.20B$2.97B$1.74B$1.87B$1.82B$1.58B$1.41B$1.56B
Avg Forecast$3.43B$3.80B$3.93B$3.37B$3.23B$3.62B$3.71B$3.33B$3.10B$3.46B$3.55B$3.17B$3.01B$3.26B$3.31B$3.20B$3.00B$3.21B$3.30B$2.91B$3.21B$3.24B$3.25B$2.64B$2.77B$3.01B$2.86B$2.40B$2.65B$2.57B
High Forecast$3.52B$3.90B$4.03B$3.46B$3.31B$3.71B$3.80B$3.41B$3.18B$3.55B$3.64B$3.23B$3.07B$3.27B$3.31B$3.84B$3.05B$3.25B$3.38B$3.49B$3.85B$3.24B$3.25B$3.17B$2.77B$3.01B$2.86B$2.88B$2.65B$2.57B
Low Forecast$3.35B$3.71B$3.83B$3.29B$3.15B$3.53B$3.62B$3.24B$3.02B$3.38B$3.46B$3.12B$2.97B$3.25B$3.31B$2.56B$2.97B$3.16B$3.22B$2.33B$2.57B$3.24B$3.25B$2.11B$2.77B$3.01B$2.86B$1.92B$2.65B$2.57B
Surprise %----------------1.27%-1.01%1.10%1.07%1.01%0.99%1.12%0.63%0.62%0.64%0.66%0.53%0.61%

Coca-Cola's average Quarter SG&A projection for Mar 24 is $3.20B, based on 3 Wall Street analysts, with a range of $2.56B to $3.84B. The forecast indicates a -15.84% fall compared to KO last annual SG&A of $3.80B (Dec 23).

Coca-Cola EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts46464646353897337126655551111111177
EPS----------------$0.46-$0.59$0.72$0.47$0.65$0.44$0.64$0.57$0.57$0.61$0.52$0.34$0.40
Avg Forecast$0.64$0.91$0.97$0.80$0.60$0.85$0.91$0.76$0.55$0.79$0.85$0.73$0.52$0.75$0.81$0.70$0.49$0.69$0.72$0.65$0.45$0.64$0.67$0.58$0.41$0.58$0.56$0.50$0.42$0.46
High Forecast$0.66$0.94$1.00$0.82$0.62$0.88$0.94$0.79$0.57$0.82$0.88$0.75$0.53$0.75$0.81$0.70$0.51$0.73$0.75$0.67$0.46$0.64$0.67$0.58$0.41$0.58$0.56$0.50$0.42$0.46
Low Forecast$0.62$0.88$0.94$0.77$0.58$0.82$0.88$0.74$0.53$0.77$0.83$0.71$0.51$0.74$0.81$0.70$0.46$0.66$0.70$0.63$0.43$0.64$0.67$0.58$0.41$0.58$0.56$0.50$0.42$0.46
Surprise %----------------0.94%-0.82%1.11%1.05%1.02%0.66%1.10%1.38%0.99%1.08%1.03%0.81%0.86%

According to 3 Wall Street analysts, Coca-Cola's projected average Quarter EPS for Mar 24 is $0.70, with a low estimate of $0.70 and a high estimate of $0.70. This represents a 51.59% increase compared to KO previous annual EPS of $0.46 (Dec 23).

Coca-Cola Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CELHCelsius$25.36$46.2282.26%Buy
KOFCoca-Cola FEMSA$78.98$111.9041.68%Buy
KDPKeurig Dr Pepper$31.86$40.7527.90%Buy
PEPPepsiCo$150.37$184.8622.94%Buy
KOCoca-Cola$62.83$75.0019.37%Buy
MNSTMonster Beverage$49.10$56.8015.68%Buy
CCEPCoca-Cola Europacific Partners$78.18$85.208.98%Buy
COCOVita Coco$37.82$33.00-12.74%Buy

KO Forecast FAQ

Is Coca-Cola a good buy?

Yes, according to 19 Wall Street analysts, Coca-Cola (KO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 73.68% of KO's total ratings.

What is KO's price target?

Coca-Cola (KO) average price target is $75 with a range of $70 to $78, implying a 19.37% from its last price of $62.83. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Coca-Cola stock go up soon?

According to Wall Street analysts' prediction for KO stock, the company can go up by 19.37% (from the last price of $62.83 to the average price target of $75), up by 24.14% based on the highest stock price target, and up by 11.41% based on the lowest stock price target.

Can Coca-Cola stock reach $90?

KO's average twelve months analyst stock price target of $75 does not support the claim that Coca-Cola can reach $90 in the near future.

What are Coca-Cola's analysts' financial forecasts?

Coca-Cola's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $49.4B (high $50.65B, low $48.2B), average EBITDA is $17.51B (high $17.95B, low $17.08B), average net income is $13.47B (high $13.91B, low $13.05B), average SG&A $13.88B (high $14.23B, low $13.54B), and average EPS is $3.12 (high $3.22, low $3.02). KO's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $51.72B (high $53.02B, low $50.46B), average EBITDA is $18.33B (high $18.79B, low $17.88B), average net income is $14.36B (high $14.83B, low $13.9B), average SG&A $14.53B (high $14.9B, low $14.18B), and average EPS is $3.32 (high $3.43, low $3.22).

Did the KO's actual financial results beat the analysts' financial forecasts?

Based on Coca-Cola's last annual report (Dec 2023), the company's revenue was $45.75B, beating the average analysts forecast of $44.65B by 2.48%. Apple's EBITDA was $11.31B, missing the average prediction of $15.88B by -28.75%. The company's net income was $10.71B, beating the average estimation of $10.68B by 0.33%. Apple's SG&A was $13.97B, beating the average forecast of $12.42B by 12.50%. Lastly, the company's EPS was $2.48, missing the average prediction of $2.55 by -2.78%. In terms of the last quarterly report (Dec 2023), Coca-Cola's revenue was $10.85B, beating the average analysts' forecast of $10.67B by 1.63%. The company's EBITDA was $2.27B, missing the average prediction of $3.78B by -39.92%. Coca-Cola's net income was $1.97B, missing the average estimation of $2.11B by -6.68%. The company's SG&A was $3.8B, beating the average forecast of $3B by 26.65%. Lastly, the company's EPS was $0.46, missing the average prediction of $0.489 by -5.94%