- Coca-Cola (KO, Financial) exceeds Q2 revenue expectations with strong growth in organic sales.
- Analysts project an average 11.19% upside for Coca-Cola stock.
- GuruFocus analysis indicates a slight undervaluation based on GF Value estimates.
Coca-Cola Co. (NYSE: KO) delivered a solid performance in its second-quarter earnings, with a 0.8% increase in revenue, reaching $12.5 billion. This robust growth exceeded expectations for organic sales, reflecting a 5% rise primarily driven by a remarkable 13% boost from Latin America. The company's Coca-Cola Zero Sugar brand also experienced a significant 14% surge in sales. Despite these gains, the overall unit case volume saw a slight decline of 1%.
Wall Street Analysts Forecast
The one-year price targets set by 25 analysts for Coca-Cola Co. (KO, Financial) indicate an average target price of $77.91. With the current stock price at $70.07, this projects an 11.19% potential upside. The highest expected target among these analysts is $86.00, and the lowest is $59.60. Investors seeking further insights can explore more detailed estimates on the Coca-Cola Co (KO) Forecast page.
Reflecting positive sentiment from Wall Street, the average brokerage recommendation for Coca-Cola Co. stands at 1.9, suggesting an "Outperform" status. This consensus from 29 brokerage firms uses a rating scale from 1 to 5, where 1 indicates a Strong Buy, and 5 signifies a Sell.
GuruFocus Valuation Insights
According to GuruFocus estimates, the projected GF Value for Coca-Cola Co. (KO, Financial) over the next year is calculated at $70.18. This valuation suggests a marginal upside of 0.16% from the current trading price of $70.07. The GF Value metric represents GuruFocus' assessment of the fair value at which the stock should be traded, taking into account historical multiples, past growth, and future business performance estimates. For more in-depth analysis, visit the Coca-Cola Co (KO) Summary page.
