Coca-Cola, US1912161007

Citigroup raises Coca-Cola target from USD 100 to USD 102 for Coca-Cola stock

Published on 10/21/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi's target rose from USD 100 to USD 102 on October 14, 2026 amid a difficult quarter. Coca-Cola stock costs EUR 82.80 on October 21, 2026 versus EUR 83.53 Xetra close.

Catalysts shape the next test

Coca-Cola delivered USD 13.37 billion in revenue for the second quarter on July 28, 2026.
Citigroup set a USD 102.00 target on October 14, 2026.
Coca-Cola stock trades at EUR 82.80 at 10:47 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.87 percent below the Xetra close of October 20, 2026.

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Coca-Cola (ISIN US1912161007) was trading at EUR 82.80 at Lang & Schwarz on October 21, 2026, while Citigroup raised its Coca-Cola target from USD 100.00 to USD 102.00 on October 14, 2026, according to Markets Insider. The euro quote stood 0.87 percent below the Xetra close of October 20, 2026, at EUR 83.53.

What does the target mean?

Citigroup kept a Buy rating while warning of another challenging quarter for beverage, household and personal-care companies, the same Markets Insider report said on October 14, 2026. That makes the October 27 report a direct test of whether Coca-Cola can support the higher valuation with another earnings beat.

Three dates shape the setup

On July 28, 2026, Coca-Cola reported second-quarter revenue of USD 13.37 billion, up 6.20 percent year over year, and earnings per share of USD 0.97 versus a USD 0.93 consensus estimate, according to MarketBeat. On October 14, 2026, Citigroup lifted its target to USD 102.00, and on October 27, 2026, Coca-Cola is scheduled to publish third-quarter results before the New York Stock Exchange opens.

The next two dates are October 27, 2026, for the third-quarter release and conference call, and December 1, 2026, for the ex-dividend date. The company said in its release dated September 29, 2026, that the earnings call will begin at 8:30 a.m. ET, while The Coca-Cola Company set the payment date for the quarterly dividend at December 15, 2026.

Stock stays below the Xetra close

The current euro quotation places Coca-Cola below its prior Xetra level, even as its USD 94.10 52-week high remains within reach of the USD 93.49 primary-exchange quote reported for October 20, 2026. The valuation case now depends on whether the October 27 results confirm the 6.20 percent revenue growth and the raised analyst target.

Coca-Cola was trading at EUR 82.80 at Lang & Schwarz on October 21, 2026 at 10:47 a.m. CEST, 0.87 percent below the Xetra close of October 20, 2026 at EUR 83.53. The primary listing is on the New York Stock Exchange, where the stock was last quoted at USD 93.49 on October 20, 2026 at 4:00 p.m. EDT. The further course of trading is shown by the continuously updated real-time quote of Coca-Cola stock.