Goldman cuts target to USD 123 for Coca-Cola FEMSA stock
Published on 10/16/2026 at 09:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets, operations and timing
- Goldman Sachs cut its Coca-Cola FEMSA target from USD 131.00 to USD 123.00 on October 15, 2026.
- Second-quarter revenue reached MXN 76.3 billion, up 5.5 percent year over year.
- Coca-Cola FEMSA stock trades at EUR 102.75 at 9:32 a.m. CEST at Lang & Schwarz on October 16, 2026.
Coca-Cola FEMSA (ISIN US1912411089) is facing a lower Goldman Sachs valuation target of USD 123.00, down from USD 131.00, while its euro quote stood at EUR 102.75 at 9:32 a.m. CEST on October 16, 2026. Markets Insider reported on October 15 that Goldman Sachs kept a Buy rating while cutting the target.
Brazil investment adds capacity
The company also drew attention to operations in Brazil. OVALE reported on October 15 that Coca-Cola FEMSA Brasil is investing more than BRL 360 million at its Jundiai factory between 2024 and 2026. The project includes a 17th filling line producing 50,000 bottles per hour and a water-treatment facility rated at 600 cubic meters per hour.
What did the latest quarter show?
Second-quarter revenue was MXN 76.3 billion, up 5.5 percent from the second quarter of 2025, while net income rose 17 percent to MXN 6.21 billion. Simply Wall St said the second-quarter 2026 earnings per share figure exceeded analyst expectations by 9.9 percent. Operating income reached MXN 10.65 billion, equal to a 14 percent margin.
Three recent milestones
On October 1, 2026, Coca-Cola FEMSA declared a USD 0.98 dividend, according to the company investor-relations page. On October 15, 2026, the Jundiai investment was reported at more than BRL 360 million. On October 15, 2026, Goldman Sachs cut its target from USD 131.00 to USD 123.00.
Dates for the next report
The company investor-relations calendar lists October 27, 2026, for the third-quarter earnings call and report. The October 23, 2026, dividend payment date is also listed in recent market coverage.
Euro quote before the US open
Coca-Cola FEMSA was trading at EUR 102.75 at Lang & Schwarz on October 16, 2026, at 9:32 a.m. CEST. The finance quote put the NYSE market capitalization at USD 24.3 billion and the 52-week range at USD 81.65 to USD 118.92.
The further course of trading is shown by the continuously updated real-time quote of Coca-Cola FEMSA stock.
Coca-Cola FEMSA key facts
- Company: Coca-Cola FEMSA, S.A.B. de C.V.
- ISIN: US1912411089
- Ticker: KOF
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 9:32 a.m. CEST): EUR 102.75
- Market capitalization: USD 24.3 billion (as of October 16, 2026)
- 52-week range: USD 81.65-118.92 (as of October 16, 2026)
- Sector / Industry: Consumer Defensive / Beverages - Non-Alcoholic
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
