Coca-Cola, US1912161007

Coca-Cola stock faces Wells Fargo target cut to USD 90

Published on 10/07/2026 at 16:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A Moderate Buy consensus from 23 analysts puts the average target at USD 95.95. Coca-Cola reported USD 13.38 billion in Q2 revenue on July 3, 2026.

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Coca-Cola (ISIN US1912161007) faces a Wells Fargo price target of USD 90, cut from USD 95 on October 5, 2026, according to MarketBeat. The next company checkpoint is the third-quarter release scheduled for October 27, 2026, before the New York Stock Exchange opens.

Wells Fargo cuts target to USD 90

Wells Fargo retained its Overweight rating alongside the lower target, which represents a 4.07 percent premium to Coca-Cola's USD 86.48 trading price on October 7, 2026. The broader consensus is more optimistic: MarketBeat counts one Strong Buy, 20 Buy and two Hold ratings, producing a Moderate Buy average target of USD 95.95. That average stands 10.95 percent above the October 7 trading price.

Q2 revenue reaches USD 13.38 billion

Coca-Cola's second quarter ended July 3, 2026, with revenue of USD 13.38 billion, up 6.7 percent year over year, while diluted GAAP EPS rose 16.0 percent to USD 1.03, according to Financial Report Insights. Comparable adjusted EPS increased 11 percent to USD 0.97, separating the underlying operating trend from the stronger reported figure.

The quarter's revenue growth also came with 4 percent concentrate volume growth and a 5 percent increase in unit case volume. The contrast matters because Coca-Cola's reported EPS benefited from securities gains and a lower tax rate, while the volume figures describe demand more directly.

Stock stays below its yearly high

Coca-Cola stock was 6.50 percent below its 52-week high of USD 92.49 and 31.03 percent above its low of USD 66 on October 7, 2026. The market capitalization was USD 372.1 billion, and trading volume stood at 2,357,596 shares at 10:36 a.m. ET.

NYSE price remains above USD 86

Coca-Cola stock was trading at USD 86.48 on the NYSE at 10:36 a.m. ET on October 7, 2026, up 0.37 percent from the previous close. The scheduled October 27 results will provide the next quantified test of the guidance and volume trends described above.