Coca-Cola, US1912161007

Wells Fargo cuts target for Coca-Cola stock from USD 95.00 to USD 90.00

Published on 10/09/2026 at 15:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 6.70 percent to USD 13.38 billion. Coca-Cola stock trades at EUR 78.30 versus EUR 78.27 on October 9, 2026, plus 0.04 percent.

Key points in brief

Wells Fargo cut its Coca-Cola price target from USD 95.00 to USD 90.00 on October 5, 2026, while retaining an overweight rating.
Coca-Cola reported Q2 2026 revenue of USD 13.38 billion, up 6.70 percent year over year, with diluted EPS of USD 1.03.
Coca-Cola stock was trading at EUR 78.30 at Lang & Schwarz on October 9, 2026, plus 0.04 percent versus the EUR 78.27 prior close.
The company is scheduled to release third-quarter 2026 results on October 27, 2026, before the NYSE opens.

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Coca-Cola (ISIN US1912161007) was trading at EUR 78.30 at Lang & Schwarz on October 9, 2026 at 3:30 p.m. CEST, plus 0.04 percent versus the EUR 78.27 prior close. On October 5, 2026, MarketBeat reported that Wells Fargo cut its Coca-Cola target from USD 95.00 to USD 90.00 while keeping an overweight rating.

Three dates shape the stock

On July 3, 2026, Coca-Cola's second quarter produced revenue of USD 13.38 billion and diluted EPS of USD 1.03, according to Financial Report Insights. Revenue increased 6.70 percent year over year, while net income reached USD 4.4 billion and operating margin stood at 34.90 percent.

On September 29, 2026, The Coca-Cola Company announced that third-quarter results would be released on October 27, 2026, before the New York Stock Exchange opens. The release will be followed by an investor call at 8:30 a.m. ET.

On October 5, 2026, Wells Fargo reduced its target by USD 5.00, equivalent to a 5.26 percent cut from USD 95.00. The change gives investors a concrete counterweight to the stock's recent earnings support, without altering the firm's overweight rating.

What does the target cut change?

The revised USD 90.00 target is 5.26 percent below Wells Fargo's previous USD 95.00 target. MarketBeat also reported a broader Moderate Buy consensus and an average target of USD 95.95, leaving a USD 5.95 gap between that average and Wells Fargo's new view.

The operating picture remains tied to volume and pricing. Coca-Cola's Q2 revenue growth combined the USD 13.38 billion total with a 6.70 percent year-over-year increase, while diluted EPS of USD 1.03 rose faster than revenue.

Next results arrive October 27

The next dated company event is Coca-Cola's third-quarter 2026 results release on October 27, 2026, before the NYSE opens, followed by the 8:30 a.m. ET call. That date is important because the company will have to show whether the Q2 combination of revenue growth and earnings expansion carried into the next reporting period.

The primary listing is the NYSE, where Coca-Cola was last quoted at USD 87.73 on October 9, 2026 at 9:32 a.m. ET, according to the finance market snapshot. The same market view put the company's market capitalization at USD 377.5 billion and its 52-week range at USD 66.00 to USD 92.49.

Stock holds near its daily starting point

At Lang & Schwarz, Coca-Cola stock stood at EUR 78.30 on October 9, 2026 at 3:30 p.m. CEST, plus 0.04 percent against the EUR 78.27 prior close. The modest move leaves the Wells Fargo target cut and the October 27 reporting date as the clearest measurable reference points for the next company update.

The further course of trading is shown by the continuously updated real-time quote of Coca-Cola stock.