Coca-Cola Europacific Partners PLC (CCEP) earnings on August 4, 2026

Before the market opens Q2 2026

More Coca-Cola Europacific Partners PLC earnings

Prior outlook: No statistical edge

Volatly's outlook before the earnings on August 4, 2026: No statistical edge.

CCEP price around the earnings

There is no candle series available for this event.

Prior thesis

Prior outlook: No statistical edge

Thesis published

Mixed outlook, earnings history weak

Experts are neutral because the company has a poor earnings history, missing expectations in every quarter for the past year, which contradicts recent analyst upgrades and strong price trend. The negative sentiment from the earnings record is balanced by some positive technical contexts.

Context analyzed before publication

Summary
Mixed outlook, earnings history weak
Playbook
The stock has shown strong trend strength recently, outperforming the broader market, but analyst price targets imply only minimal upside. The company's historical tendency to miss earnings expectations is a key concern.
Trend
Expert confidence deteriorated sharply over the week

Analysts

Drivers

  • Analysts Neutral

    Analysts rate the stock a buy, but their average price target is only about 1.5% above the current price, indicating a limited optimistic scenario. Recent upgrades from some banks suggest modest confidence.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.75
Analysts covering the stock
11
Average price target
109.82
Lowest price target
96.86
Highest price target
116.9
Upside to price target
1.5%
Quarterly earnings growth
65.7%
Revenue growth
0.2%
Forward EPS
5.65
Trailing EPS
4.88
Analyst moves in the last 60 days
4
  • Strong buy: 1
  • Buy: 7
  • Hold: 4
  • Sell: 0
  • Strong sell: 0
Strong buy
1
Buy
7
Hold
4
Sell
0
Strong sell
0
  • August 3, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
  • July 21, 2026 · Barclays: Maintains rating (Overweight → Overweight)
  • July 8, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
  • June 12, 2026 · Wells Fargo: Initiates coverage (Overweight)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News

There is no news coverage available for this event.

Technicals

Drivers

  • Technical Positive

    The stock's trend strength has been positive over the past two weeks, and it has outperformed the broader market, showing recent price strength despite the weak earnings history.

Evidence

Price when the context was analyzed
108.2
Average true range (ATR)
2.4%
Distance to 52-week high
-2.0%
14-day change (14d)
+2.0%
30-day change (32d)
+1.5%
30-day relative strength
+3.3%
QQQ change (32d)
-1.8%
Nearest support
107.98
Distance to nearest support
0.2%
Nearest resistance
108.58
Distance to nearest resistance
0.4%
Volume accumulation ratio (14d / 46d)
1.12
  • Mid: 107.98 (0.2% away, 0.08 ATR, 7 touches)
  • Mid: 107.28 (0.9% away, 0.36 ATR, 25 touches)
  • Minor: 106.87 (1.2% away, 0.52 ATR, 6 touches)
  • Minor: 108.58 (0.4% away, 0.15 ATR, 1 touches)
  • Mid: 109.29 (1% away, 0.43 ATR, 11 touches)
  • Minor: 110.74 (2.3% away, 0.99 ATR, 9 touches)

Trends

Evidence

Average earnings surprise
-40.1%
  • August 6, 2020: actual EPS 0.14 vs estimate 0.46 (surprise -69.3%)
  • February 13, 2020: actual EPS 0.53 vs estimate 0.59 (surprise -10.9%)
  • October 24, 2019: actual EPS 0.53 vs estimate 0.85 (surprise -37.6%)
  • August 8, 2019: actual EPS 0.44 vs estimate 0.77 (surprise -42.5%)

Expected move

Drivers

  • Past earnings Negative

    The company has missed earnings expectations in every quarter for the past year, with an average shortfall of about 40% below what analysts expected, showing a consistent tendency to disappoint.

Implied move
+1.9%
Source
Options chain

There is no history of past earnings reactions available for this asset.

Monitoring and close

What Coca-Cola Europacific Partners PLC reported

Status
Finished

Coca-Cola Europacific beat first-half forecasts, yet shares fell 3% on profit-taking. Short-term outlook pessimistic.

Sources (7)

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted