The Coca-Cola Company (NYSE:KO) is included among the 10 Best Large Cap Dividend Growth Stocks to Invest in.
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On April 29, TD Cowen raised its price recommendation on The Coca-Cola Company (NYSE:KO) to $90 from $85. It reiterated a Buy rating on the shares. The firm noted the company delivered strong 1Q results and raised EPS due to a lower tax rate. Coca-Cola remains a top pick, supported by its pricing power, steady volume growth, and the resilience of its business model across changing economic, political, and commodity conditions.
During its Q1 2026 earnings call, The Coca-Cola Company President and CFO John Murphy said organic revenue increased 10%, supported by 3% growth in unit case volume. He noted that comparable EPS reached $0.86, up 18% from the prior year, while free cash flow totaled about $1.8 billion. Murphy also said comparable gross margin declined by roughly 30 basis points. Even so, comparable operating margin improved by around 70 basis points, as the company benefited from operating expense efficiencies while continuing to invest in its brands.
Looking ahead, he said the company still expects organic revenue growth of 4% to 5% for 2026. He added that comparable currency-neutral EPS growth, excluding acquisitions and divestitures, is now expected in the range of 6% to 7%.
The Coca-Cola Company (NYSE:KO) is a global beverage company. Its segments include Europe, the Middle East and Africa, Latin America, North America, Asia Pacific, and Bottling Investments. The company sells a broad portfolio of brands across multiple beverage categories worldwide.
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