Coca-Cola (NYSE:KO) Price Target and Earnings Preview

• Nik Modi from RBC Capital sets a price target of $76 for Coca-Cola (NYSE:KO), indicating a potential upside of 7.9%.
• Analysts expect Coca-Cola to report earnings of $0.84 per share on revenues of $12.55 billion, marking a year-over-year increase.
• Coca-Cola's stock price has seen a slight increase, currently at $70.40, with a dividend yield of 2.92%.

Coca-Cola (NYSE:KO) is a global leader in the beverage industry, known for its iconic soft drinks and a diverse portfolio of brands. As of July 21, 2025, Nik Modi from RBC Capital set a price target of $76 for KO, suggesting a potential upside of 7.9% from its current trading price of $70.44. This price target comes ahead of Coca-Cola's anticipated earnings release.

Coca-Cola is set to announce its earnings on July 22, 2025, amid a busy earnings season where 20% of S&P 500 companies are reporting. Analysts expect Coca-Cola to report earnings of $0.84 per share on revenues of $12.55 billion, slightly up from $12.31 billion a year ago. Historically, Coca-Cola has shown positive one-day returns post-earnings, with a 72% occurrence rate over the past five years.

The broader market context shows tech stocks leading gains, with the Nasdaq Composite up 1.5% and the S&P 500 rising 0.6%. Despite this positive sentiment, investors remain cautious due to an upcoming tariff deadline. Coca-Cola's earnings growth is projected at 5.6%, marking the eighth consecutive quarter of growth, albeit the lowest since Q4 2023.

Coca-Cola's stock price has seen a slight increase, currently at $70.40, with a market cap of approximately $303 billion. The stock has fluctuated between $69.93 and $70.62 during the trading day. Investors are also eyeing Coca-Cola's dividend yield of 2.92%, with an annual dividend of $2.04 per share, appealing to those seeking steady income.

In recent developments, Coca-Cola appointed Luisa Ortega as the president of its Europe operating unit, effective September 1, 2025. She will succeed Nikos Koumettis, who plans to retire in 2026. This leadership change is part of Coca-Cola's ongoing strategy to strengthen its global operations and maintain its competitive edge in the beverage market.