Coca-Cola Hits Fresh High on 2026 Outlook Despite Q4 Revenue Miss

Coca?Cola?s stock is on a clear upward trajectory, buoyed by an upbeat earnings outlook for 2026 even as fourth-quarter revenue disappointed. Shares touched an intraday high of $79.62 and pressed through key resistance, helped by a slate of favorable analyst comments. Notably, UBS and RBC Capital Markets raised their price targets to $87, while JPMorgan and TD Cowen lifted theirs to above $80, underscoring confidence in the company?s ability to push prices and protect margins.

The latest results showed a blend of softer top?line performance and robust profitability. Revenue for the quarter came in at $11.82 billion, short of the $12.03 billion analysts had anticipated. In addition, a non-cash impairment of $960 million related to BODYARMOR weighed on operating results.

Despite the revenue miss, investors focused on the bottom line. The company posted an adjusted earnings per share of $0.58, topping analysts? expectations. Organic revenue growth stood at 5%, indicating that the core brands remain in demand even in a challenging consumer environment.

Guidance and Leadership Change in Focus

For fiscal 2026, management projects organic net revenue growth of 4% to 5% and earnings per share growth of 7% to 8%, providing a stable platform ahead of a long?planned leadership transition. On March 31, 2026, Henrique Braun, the current Chief Operating Officer, will succeed James Quincey as Chief Executive Officer, with Quincey moving to the role of Executive Chairman.

Should investors sell immediately? Or is it worth buying Coca-Cola?

Investors are also awaiting a familiar signal of strength: Coca?Cola is widely viewed as a Dividend King, and the company is expected to announce its 64th consecutive annual dividend increase later this month. For many investors, this dependable payout policy remains a key reason to overlook short?term revenue fluctuations.

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Coca-Cola Stock: New Analysis - 13 February

Fresh Coca-Cola information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.

Read our updated Coca-Cola analysis...