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Coca-Cola stock price drifts into Presidents Day break as KO investors eye CAGNY update
Coca-Cola’s stock (KO) closed slightly down at $78.68 before the Presidents Day long weekend, with investors anticipating an update from incoming CEO Henrique Braun and CFO John Murphy at the CAGNY conference on February 17. The update is expected to provide further details on Coca-Cola’s 2026 volumes and pricing, especially after a recent earnings release and an analyst price target increase from Barclays. The company’s 2026 outlook projects 4-5% organic revenue growth and 7-8% comparable EPS growth, though potential IRS litigation and the sale of Coca-Cola Beverages Africa present wild cards.