Coca-Cola shares surged to a new 52-week high of $82.62 on Tuesday after Citigroup raised its price target from $90 to $91 while maintaining a buy rating. The move follows a series of upgrades: Jefferies lifted its target to $90, Barclays and JPMorgan both set theirs at $85, and Morgan Stanley holds an $88 target. Weiss Ratings also upgraded the stock from a buy (B) to buy (B+) in early May. Currently, 15 analysts rate Coca-Cola a Buy, with a consensus target of $86.53.
The bullish sentiment is backed by strong Q1 2026 results: earnings per share of $0.86 beat the $0.81 consensus, and revenue of $12.47 billion exceeded the $12.24 billion forecast, marking an 11.4% year-over-year increase. For full-year 2025, net income rose 23% to $13.1 billion, and revenue reached nearly $48.4 billion, up from $38.7 billion in 2020. Coca-Cola’s dividend appeal remains a key draw: its $0.53 quarterly dividend (payable July 1) yields 2.6% annually, well above the S&P 500 average of 1.1%, and the company stands as a Dividend King with 50+ consecutive years of increases.
Separately, Realty Income also garners attention for income investors with a monthly dividend of over $0.27 per share (5.3% yield) and a 98.9% portfolio occupancy. Institutional investors own 70.26% of Coca-Cola, and analysts eye the 2026 FIFA World Cup and the Fresca Hard launch as potential catalysts.
