The Coca-Cola Company (KO) earnings on April 28, 2026

Before the market opens Q1 2026

More The Coca-Cola Company earnings

Prior outlook: Pessimistic Outcome: Missed

The stock price climbed after the earnings report. The market reacted well, likely seeing the results as positive given recent weakness.

KO price around the earnings

78.87

Change: +0.7%

2026-04-29, 20:00 UTC

Start of the measured window End of the measured window
75.73 77.25 78.77 80.29 78.35
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
April 28, 2026 April 29, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Missed

Defensive setup, analysts see slight upside.

Analysts see a small chance for the stock price to go up, but its recent performance shows weakness. The stock is near a support level, which might offer a temporary rebound.

Context analyzed before publication

Summary
Defensive setup, analysts point to a modestly optimistic scenario.
Reasoning
Analysts point to a modestly optimistic scenario, but its recent performance shows weakness. The stock is near a support level, which marks a reference level.
Playbook
The defensive scenario is noted; the price is near support levels amid current weakness.
Trend
Weakness into earnings, approaching support.

Analysts

Drivers

  • Analysts Positive

    Analysts generally recommend buying the stock and cite a price target suggesting an optimistic scenario.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.71
Analysts covering the stock
23
Average price target
83.67
Lowest price target
71.38
Highest price target
90
Upside to price target
10.9%
Quarterly earnings growth
3.5%
Revenue growth
2.4%
Forward EPS
3.45
Trailing EPS
3.04
Analyst moves in the last 60 days
3
  • Strong buy: 7
  • Buy: 12
  • Hold: 5
  • Sell: 0
  • Strong sell: 0
Strong buy
7
Buy
12
Hold
5
Sell
0
Strong sell
0
  • April 7, 2026 · UBS: Maintains rating (Buy → Buy)
  • March 30, 2026 · Deutsche Bank: Maintains rating (Buy → Buy)
  • March 16, 2026 · Jefferies: Maintains rating (Buy → Buy)

News and sentiment

Drivers

  • News & sentiment Neutral

    Current news is focused on general company updates or industry trends, not specific events that would strongly move the stock.

Evidence

Sentiment
Sentiment
Cautious
Mention volume
Low
Normalized volume
33%
News
Sources (4)
  • UBS Maintains Buy on Coca-Cola, Raises Price Target to $90 — Benzinga
  • Coca-Cola To Invest $1 Billion In South Africa Through 2030 — Benzinga
  • Coca-Cola Plans To Invest SAR17.6B In South Africa Through 2030 — Benzinga
  • Deutsche Bank Maintains Buy on Coca-Cola, Raises Price Target to $86 — Benzinga

Technicals

Drivers

  • Technical Negative

    KO's recent performance is much weaker than the broader market, showing a clear lack of strength.

  • Technical Positive

    The stock is market review very close to a price level where it has found buying interest before, which could support it.

Evidence

Average true range (ATR)
1.6%
Distance to 52-week high
-8.0%
14-day change (14d)
-2.4%
30-day change
-3.1%
30-day relative strength
-11.1%
Benchmark change
+8.0%
Nearest support
74.07
Nearest resistance
78.43
Volume accumulation ratio
0.71

Trends

Evidence

Average earnings surprise
+2.4%
  • February 10, 2026: actual EPS 0.53 vs estimate 0.54 (surprise -1.4%)
  • October 21, 2025: actual EPS 0.82 vs estimate 0.78 (surprise +5.3%)
  • July 22, 2025: actual EPS 0.87 vs estimate 0.84 (surprise +3.9%)
  • April 29, 2025: actual EPS 0.73 vs estimate 0.72 (surprise +1.9%)

Expected move

There is no implied-move data available for this event.

Reactions over its last 18 earnings

Median move
1.4%
75th percentile move
2.1%
90th percentile move
3.3%
Up / down moves
11 / 7
Average up move
+2.0%
Average down move
-1.0%

Monitoring and close

What The Coca-Cola Company reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Missed
Consolidated
+0.7%
Max favorable move (MFE)
0.3%
Max adverse move (MAE)
1.2%