--- title: "Weekly Recap | Coca Cola -2.46%, near one-month low" type: "News" locale: "en" url: "https://longbridge.com/en/news/300849421.md" description: "Coca-Cola (KO) fell 2.46% this week to close at $85.65, underperforming the S&P 500 by roughly 2.19 percentage points. The stock opened Monday at $87.605 but could not hold early gains. It slipped to $86.84 on Tuesday, broke below $86 on Wednesday, and kept drifting lower through Thursday and Friday, touching a weekly low of $85.165 on Friday before settling at $85.65, a near one-month low. Weekly amplitude came to 2.89%. Average daily volume of about 16.6m shares ran 12." datetime: "2026-10-03T07:09:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/300849421.md) - [en](https://longbridge.com/en/news/300849421.md) - [zh-HK](https://longbridge.com/zh-HK/news/300849421.md) generator: "portal-rs" --- # Weekly Recap | Coca Cola -2.46%, near one-month low ## The Week Coca-Cola (KO) fell 2.46% this week to close at $85.65, underperforming the S&P 500 by roughly 2.19 percentage points. The stock opened Monday at $87.605 but could not hold early gains. It slipped to $86.84 on Tuesday, broke below $86 on Wednesday, and kept drifting lower through Thursday and Friday, touching a weekly low of $85.165 on Friday before settling at $85.65, a near one-month low. Weekly amplitude came to 2.89%. Average daily volume of about 16.6m shares ran 12.5% above the median, indicating heavier trading. ## Key Events News flow this week centred on valuation and the new North America leadership. On Monday, analysts reaffirmed a buy rating and kept a $100 target, citing the new North America President’s growth outlook. Another piece ran the numbers on how many shares an investor would need for $10,000 in yearly dividends. On Tuesday, JPMorgan trimmed its target to $95, and intraday trading took the stock to a near one-month low. Coca-Cola also announced its third quarter 2026 earnings date, set for 27 October before the market open. Jefferies maintained a buy rating on Wednesday. Reports also touched on Berkshire Hathaway’s AI-heavy portfolio and a wave of CEO changes across global consumer goods makers. On Saturday, the company declared a R$0.30330111036 dividend per Brazilian depositary receipt, payable 8 October 2026. No material company filings were recorded during the week. ## Analyst Ratings As of 30 September, 25 firms covered Coca-Cola: 12 buy, 7 overweight, 4 hold, 1 underweight, 0 sell, and 1 no opinion. The consensus rating is buy, with a consensus target of $94.65217, about 10.5% above the current price of $85.65. Target prices range from $75 to $104, reflecting a fairly wide spread. Within the water and soft drinks industry, Coca-Cola ranks 2nd out of 16 companies, with an average of 13 covering firms across the sector. ## The Week Ahead US macro data kicks off the week, with the S&P Global services PMI final and ISM non-manufacturing PMI due Monday. The ISM reading had a prior print of 55.4 and a forecast of 55, offering a check on services sentiment. Trade figures land Tuesday, with the prior deficit at $88.6 and a consensus estimate of $102. Wednesday brings the weekly EIA crude and Cushing inventory reports, which may shape input-cost expectations for consumer staples. Coca-Cola reports third quarter 2026 earnings on 27 October before the open; consensus forecasts earnings per share of $0.8781 on revenue of $12.9bn. ## In Short Coca-Cola pulled back to a near one-month low this week and lagged the broader market. Analyst views remain broadly constructive, with a majority of buy and overweight ratings and a consensus target around 10.5% above spot. Valuation sits at roughly 25.7x P/E and 10.2x P/B on the latest snapshot. The most recent trading day showed large-lot money as a net seller while medium and small orders acted as net buyers, a split in direction. The main checks ahead are the 27 October earnings release and next week’s services PMI and trade data as they filter through to consumer staples. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [KO.US](https://longbridge.com/en/quote/KO.US.md) ## Related News & Research - [Coca-Cola looks to sell Costa Coffee, Semafor reports](https://longbridge.com/en/news/301318987.md) - [2 of the Best Warren Buffett Stocks for a Lifetime of Passive Income](https://longbridge.com/en/news/300803278.md) - [ASTS Stock Price Forecast: SpaceX Plans to Acquire 800MHz Spectrum, Can ASTS Rebound After a 10% Drop?](https://longbridge.com/en/news/301469143.md) - [Should Production Growth Plan Require Action From Alamos Gold Stock Investors?](https://longbridge.com/en/news/301446337.md) - [Vizsla Silver (TSX:VZLA) Renews Rights Plan, Is It A Bargain Or Fairly Priced?](https://longbridge.com/en/news/301453917.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**