Street View: Coca-Cola delivers another strong quarter

Coca-Cola

28/10/2026 09:43

** Coca-Cola KO.N on Tuesday raised annual profit forecast as soft drink demand held up in markets including India and Brazil, even as it warned of accelerating cost pressures and persistent consumer weakness into 2027
** Average rating of 27 analysts rate the stock "buy" with median PT $97 - LSEG data

CHERRY ON THE COLA
** J.P.Morgan ("overweight", PT: $98) says results highlight the strength of KO's strategy of getting closer to consumers through "the four 'I's (insights, innovation, intimacy, integration)", while balancing affordability and premiumization and benefiting from strong execution by its bottling partners
** Evercore ISI ("outperform", PT: $100) says even in a challenging consumer packaged goods environment, KO continues to show why it is the leading large-cap global beverage company
** Morgan Stanley ("overweight", PT: $103) says KO's results highlighted stronger organic sales growth than peers and resilient pricing power, with current product mix headwinds expected to fade
** TD Cowen ("buy", PT: $104) says KO's bottling partners bear most of the direct cost pressures, but inflation puts added responsibility on the company to use its global procurement scale to help bottlers manage those costs

 (Reporting by Akriti Shah in Bengaluru)
 ((akriti.shah@thomsonreuters.com ; X, formerly Twitter: @AkritiShahh))