How has Coca-Cola's stock performed recently?

Coca-Cola's stock has seen significant gains, rising 16.6% year-to-date and 12.8% over the past 52 weeks, outperforming its sector.

What were Coca-Cola's Q3 financial results?

In Q3, Coca-Cola reported adjusted revenue of $12.4 billion, up 3.9% year-over-year, and adjusted EPS increased 6.5% to $0.82.

What do analysts think about Coca-Cola's stock?

Analysts are bullish, with a consensus 'Strong Buy' rating and a mean price target suggesting a potential 10.4% upside.

Home / Business and Economy / Coca-Cola Stock Soars Past Competitors

Coca-Cola Stock Soars Past Competitors

28 Nov

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Summary

Coca-Cola stock has risen 16.6% year-to-date.
The beverage giant's Q3 adjusted revenue grew 3.9%.
Analysts issue a consensus 'Strong Buy' rating for KO.

The Coca-Cola Company (KO), a global beverage giant, has shown remarkable resilience and growth, significantly outperforming market trends. Year-to-date, KO's stock has climbed 16.6%, and its performance over the past 52 weeks stands at 12.8%, contrasting with the broader sector's decline.

Recent Q3 earnings further bolstered investor confidence, revealing a 3.9% year-over-year increase in adjusted revenue, reaching $12.4 billion, and a 6.5% rise in adjusted EPS to $0.82. This performance highlights KO's ability to navigate the competitive landscape effectively.

With a market capitalization of $312.3 billion, Coca-Cola is firmly established as a mega-cap stock. Wall Street analysts reflect this strong position, with 24 analysts issuing a consensus 'Strong Buy' rating and a mean price target of $80.17, indicating a projected 10.4% upside.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.