From 24/7 Wall St. · Vandita Jadeja · · 1m
Warren Buffett's Coca-Cola Still Has Room to Run
Warren Buffett's Coca-Cola stock still has room to grow despite 35% annual gains.
In brief
Warren Buffett's Coca-Cola stock still has room to grow despite 35% annual gains. Coca-Cola's price target of $97.16 shows 10.1% upside potential with strong brand and margin growth. Originally reported by 24/7 Wall St..
Warren Buffett's Longhold
Warren Buffett has held Coca-Cola since 1988, and shares rose 35.86% over the past year.
Price Target Update
24/7 Wall St. price target for Coca-Cola is $97.16, a 10.1% upside from current price.
Earnings Beat
Q2 2026 earnings beat estimates with adjusted EPS of $0.97 on $13.38 billion revenue.
World Cup Impact
Global unit case volume rose 5% aided by FIFA World Cup activation in 180+ markets.
Raised Guidance
Management raised full-year EPS growth guidance to 9% to 10% and free cash flow to $12.4 billion.
Bull Case
Bull case sees Coca-Cola Zero Sugar volume up 16% and Latin America revenue growing 16%.
Risks Ahead
Bears cite $960 million BODYARMOR impairment, IRS tax litigation, and value-share loss in India.
The big picture
Coca-Cola's price target of $97.16 shows 10.1% upside potential with strong brand and margin growth.
