Coca-Cola posted its fourth consecutive earnings beat in Q1 2026, driving shares to a 52-week high and earning a buy rating with a $91.13 price target that implies 8.31% upside. The company reported earnings per share of $0.86 against a $0.8123 estimate and revenue of $12.47 billion, up 12.1% year-over-year, while organic revenue grew 10% and operating margin expanded to 35% from 32.9%. Management raised full-year comparable EPS growth guidance to a range of 8% to 9% off the $3 2025 base, and Coca-Cola Zero Sugar volume surged 13% across all geographic segments. The bull case projects a potential breakout above $95 if margin expansion and Zero Sugar momentum persist, while the bear case sees a mild pullback to $81.08. Free cash flow guidance of $12.2 billion supports a 63rd consecutive year of dividend increases and a $5.2 billion remaining buyback authorization.
The Coca-Cola CompanyCoca-Cola reported Q1 earnings beat, raised guidance, and has strong buyback authorization.
Coca-Cola Europacific Partners PLCCoca-Cola Zero Sugar volume surged 13% across all geographic segments, benefiting bottlers like CCEP.
NVIDIA Corporation