Coca-Cola weighs Costa sale and Coca-Cola stock gains 1.29 percent
Published on 10/13/2026 at 11:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Coca-Cola was reported to be considering another sale of Costa Coffee after an earlier process failed.
- Second-quarter revenue reached USD 13.38 billion and diluted earnings per share were USD 1.03.
- The Lang & Schwarz quote was EUR 80.67 on October 13, 2026, plus 1.29 percent versus the Xetra close.
- Wells Fargo cut its Coca-Cola price target from USD 95.00 to USD 90.00 while retaining an Overweight rating.
Coca-Cola (ISIN US1912161007) was trading at EUR 80.67 at Lang & Schwarz on October 13, 2026 at 11:00 a.m. CEST, plus 1.29 percent versus the Xetra close of October 12, 2026 at EUR 79.64. ESM Magazine reported on October 12, 2026 that Coca-Cola was seeking to unwind its USD 5.00 billion Costa Coffee acquisition.
Three dated developments
On July 28, 2026, Coca-Cola reported second-quarter revenue of USD 13.38 billion and diluted earnings per share of USD 1.03, according to Financial Report Insights. On October 5, 2026, MarketBeat reported that Wells Fargo cut its target from USD 95.00 to USD 90.00 while maintaining an Overweight rating. On October 12, 2026, ESM Magazine reported the renewed Costa sale process after earlier private-equity offers fell below expectations.
What does the Costa review mean?
The reported review puts a USD 5.00 billion acquisition back into the portfolio discussion eight years after Coca-Cola bought Costa. The company has not disclosed a potential sale price, so the immediate financial reference remains the second-quarter result, with revenue at USD 13.38 billion and diluted earnings per share at USD 1.03.
Next results date is October 27
Coca-Cola has scheduled its third-quarter 2026 earnings call for October 27, 2026 at 8:30 a.m. ET, according to the company's investor-relations calendar. That report will give investors the next operating check on volume, pricing and the portfolio strategy surrounding Costa.
Euro quote stays above Xetra close
The Lang & Schwarz price of EUR 80.67 stood EUR 1.03, or plus 1.29 percent, above the Xetra close of October 12, 2026 at EUR 79.64. The primary NYSE quotation was USD 89.79 at October 12, 2026 at 4:00 p.m. ET, while the 52-week range was USD 66.75 to USD 92.49.
The further course of trading is shown by the continuously updated real-time quote of Coca-Cola stock.
Coca-Cola stock facts
- Company: The Coca-Cola Company
- ISIN: US1912161007
- Ticker: KO
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 13, 2026, 11:00 a.m. CEST): EUR 80.67
- Change versus Xetra close: plus 1.29 percent
- Xetra close (October 12, 2026): EUR 79.64
- Market capitalization: USD 386.3 billion (as of October 12, 2026)
- 52-week range: USD 66.75-USD 92.49 (as of October 12, 2026)
- Sector: Consumer Staples
Market context: Market report S&P 500.
