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Coca-Cola FEMSA stock gets higher Barclays target, rating unchanged

Published on 11/06/2026 at 14:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coca-Cola FEMSA stock received a higher Barclays target after mixed quarterly results. Revenue beat estimates, while earnings missed consensus.

Target rises despite mixed quarter

Barclays raised its price objective while keeping an Equal-Weight rating on Coca-Cola FEMSA.
Third-quarter revenue beat consensus, but earnings per share missed expectations.
Record volume and double-digit operating-income growth supported the bottler's operational momentum.

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Barclays raised its Coca-Cola FEMSA price target on Tuesday, November 3, 2026, while keeping an Equal-Weight rating on the bottler. The move followed the company's third-quarter results and lifted the broker's objective from 122 US dollars to 125 US dollars, according to AD HOC NEWS.

Mixed results shape analyst view

The higher valuation reference came after Coca-Cola FEMSA reported third-quarter revenue of 4.41 billion US dollars, above the 4.36 billion US dollar consensus cited in the report. Earnings per share reached 1.72 US dollars, below the 1.89 US dollar estimate. The combination helps explain why Barclays raised its target without changing its more cautious rating.

The company had released its third-quarter results on October 26. In its press release, Coca-Cola FEMSA said volume increased 5.3 percent and revenue rose 10.9 percent. Revenue growth reached 11.3 percent on a currency-neutral basis, while operating income advanced 15.4 percent, or 16.4 percent on a currency-neutral basis.

Operational momentum remains intact

Majority net income increased 5.5 percent, and the company reported record consolidated third-quarter volume across its operating regions. CEO Ian Craig said Coca-Cola FEMSA continued to gain market share and maintain a strong competitive position in Mexico despite challenging consumer conditions.

Craig also highlighted double-digit operating-income growth in Brazil and Colombia, alongside progress in digital transformation. For investors, the figures point to resilient execution, but the earnings miss keeps margins, foreign-exchange effects and consumer demand central to the next assessment of the shares.

Coca-Cola FEMSA stock traded at 102.25 euros on Lang & Schwarz at 14:05 CET on Friday, November 6, 2026. Investors can follow the real-time quote of Coca-Cola FEMSA stock.