Coca-Cola stock holds firm after strong Q2 results
Published on 08/13/2026 at 17:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Coca-Cola stock (US1912161007) held near its 52-week high after Q2 2026 revenue reached $13.38 billion and diluted EPS came in at $1.03. The shares closed at $86.78 on August 12, 2026, with a market value of $373.38 billion and a 52-week range of $65.35 to $90.92.
The latest quarterly report also showed revenue up 6.7% year over year, operating income of $4.67 billion, and net income attributable to shareowners of $4.42 billion. That mix matters because the operating line grew 9.2% while earnings rose 16.1%, a faster pace than sales.
Growth still leans on mix
The quarter ended July 3, 2026, and the company said volume growth was led by India, China, the United States, and Brazil. Pricing, foreign exchange, and the sale of the Nigeria finished product operations also supported the quarter, while higher commodity costs partly offset the improvement.
For investors, the comparison is clear: revenue of $13.38 billion was above the $13.17 billion consensus estimate, and EPS of $1.03 topped the $0.93 forecast. That kind of beat helped support the current valuation, with the stock trading at a P/E ratio of 26.06 and a year-to-date gain of 24.1%.
Guidance and consensus
Management kept FY 2026 EPS guidance at $3.27 to $3.30, while market estimates now center on $3.29 per share for the year. The current consensus rating remains Moderate Buy, with an average price target of $95.76.
The key investor question is whether the margin and earnings pace can stay ahead of slower volume trends into the second half of 2026. The stock is already trading within a few dollars of its 52-week high, so the next set of numbers will matter for valuation support.
Brand and product base
Coca-Cola's portfolio still stretches beyond its flagship cola to Sprite, Fanta, Minute Maid, Powerade, and Dasani, with the business model centered on concentrates, syrups, and a global bottling network. That scale helps explain why the company keeps drawing attention even when the daily catalyst is light.
Coca-Cola shares closed at $86.78 on August 12, 2026, and the stock also traded at $86.99 in extended hours on August 13, 2026. With market capitalization at $373.38 billion and volume at 12.65 million shares, the setup remains anchored by size as much as by momentum.
Fact box
Company: The Coca-Cola Company
ISIN: US1912161007
Ticker: KO
Exchange: NYSE
Price (as of August 12, 2026, 3:58 p.m. ET): $86.78 USD
Market cap: $373.38 billion
Sector / Industry: Consumer Staples / Beverages
Index membership: S&P 500
Next earnings date: October 20, 2026
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