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Coca-Cola beats Q2 expectations, raises full-year forecast, and gains analyst price target boost.

Company Fundamentals
29 Jul 2026
Stuart Mooney
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Bullish
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Coca-Cola reported strong Q2 results with adjusted earnings per share of $0.97 and revenue of $13.38 billion, both exceeding analyst estimates. The company’s strategic marketing during the World Cup helped increase sales volumes, notably a 5% rise in trademark Coca-Cola and a 16% jump in Coca-Cola Zero Sugar. Following these results, Goldman Sachs raised its price target from $82 to $86, reflecting confidence in Coca-Cola’s future value. Coca-Cola also improved its operating margin to 34.9% and continues its long-standing dividend growth streak, offering a 2.4% yield to shareholders.

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