The Coca-Cola Company

KO · NYSE

Market closed$81.56$-3.36 (-3.96%)After hours $81.68 · +0.14%

Key statistics

Previous close$84.92
Open$85.39
Day high$85.56
Day low$80.83
52-week high$85.68
52-week low$65.35
Market cap350.91B
Volume32.87M
Average volume17.25M
P/E ratio26.06
Forward P/E22.45
EPS3.13
Dividend yield+2.55%

Market context

Why it moved

Coca-Cola shares fell sharply after its high-growth Fairlife dairy unit halted all U.S. production following a ransomware cyberattack, raising concerns about near-term supply disruptions and financial impact just days before the company's Q2 earnings report.

What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Coca-Cola shares fell sharply after the company disclosed a ransomware attack on fairlife, its high-growth dairy subsidiary, which forced a temporary suspension of all U.S. production operations. Investors reacted with concern ahead of the July 28 earnings report, as fairlife has been one of Coca-Cola's strongest growth brands in North America — with recently announced capacity expansion underway in Michigan. The selloff occurred against a backdrop of broad market weakness driven by AI sentiment deterioration and escalating U.S.-Iran tensions, though the ransomware-specific news appears to be the primary driver, with volume running roughly double the daily average. Despite the drop, Wall Street analysts remain broadly bullish, with recent price target increases from UBS ($98), Citigroup ($97), and Bank of America ($95), and the stock has stabilized slightly in after-hours trading.

-3.9567

July 17, 2026Coca-Cola shares rallied 3%, approaching their 52-week high of $85.68, as the consumer staples sector surged amid a broad rotation out of AI and technology stocks into defensive names. The session's gains came despite a significant late-day disclosure that fairlife, Coca-Cola's dairy subsidiary, suffered a ransomware attack that temporarily suspended U.S. production operations — though product safety was unaffected. Bolstering the longer-term bull case, UBS raised its price target on KO from $92 to $98, and analysts broadly maintain a 'Moderate Buy' consensus with an average target near $88–$98, underpinned by the company's strong Q1 beat ($0.86 EPS vs. $0.81 expected), 64th consecutive annual dividend increase, and progress on a major Africa bottler deal.

2.9958

July 16, 2026Coca-Cola shares edged lower, pulling back modestly as the consumer staples sector underperformed a broadly mixed market. Two notable developments captured investor attention: South Africa's Competition Commission approved Coca-Cola HBC's acquisition of a 75% stake in Coca-Cola Beverages Africa, advancing the company's emerging markets strategy, while the board declared its regular $0.53 quarterly dividend payable Oct. 1 — reinforcing its Dividend King status with 64 consecutive annual increases. Analysts remain broadly constructive with a Moderate Buy consensus and an average price target of $88.44, well above current levels.

-0.7583

July 15, 2026Coca-Cola closed down about 1.4%, underperforming the broader S&P 500 which edged modestly higher on a softer-than-expected June CPI report. The pullback likely reflects profit-taking near all-time highs — the stock recently traded near its 52-week high of $85.68 — as valuation concerns temper enthusiasm after a strong multi-month rally. Bullish catalysts remain intact: Citigroup raised its price target to $97 today, Bank of America targets $95, and JPMorgan holds $90 with an overweight rating, while analysts at Jefferies and Bank of America anticipate a solid Q2 earnings beat on resilient demand and volume trends.

-1.3887

July 14, 2026Coca-Cola shares edged higher, outperforming the broader consumer staples sector (XLP) and bucking a down day for the S&P 500, as the stock benefited from a confluence of bullish catalysts. Analysts at Bank of America and JPMorgan recently raised their price targets to $95 and $90, respectively, while Jefferies flagged expectations for a solid Q2 earnings beat on resilient demand. A newly announced global beverage partnership with Marriott International further boosted investor sentiment, expanding Coca-Cola's on-premise distribution across the hotel giant's worldwide portfolio. The gains came despite broader market headwinds from renewed U.S.-Iran military tensions that sent oil prices surging and weighed on equities generally, underscoring Coca-Cola's defensive appeal heading into an active week of earnings and inflation data.

0.9103

July 11, 2026Coca-Cola closed modestly higher, outperforming its consumer staples peers as Wall Street analysts issued fresh price target upgrades — JPMorgan raised its target to $90, Jefferies to $95, and B of A Securities to $95 with a maintained Buy — ahead of the company's July 28 earnings report. The constructive analyst tone reflects confidence in Coca-Cola's Fairlife brand momentum, disciplined pricing power, and its new global beverage partnership with Marriott International, while rival PepsiCo's Q2 earnings miss and a Citigroup downgrade of PEP reinforced Coca-Cola's relative standing in the beverage sector.

1.0408

July 10, 2026Coca-Cola shares fell nearly 1% as valuation concerns intersected with a modest analyst price target trim — Bernstein lowered its target to $83 from $84 — and broader consumer staples sector weakness. PepsiCo's Q2 report, which beat estimates but flagged softer North American consumer spending, added a cautious read-through for beverage peers ahead of Coca-Cola's own upcoming earnings. Geopolitical turbulence from renewed U.S.-Iran tensions and rising oil prices weighed on risk sentiment broadly, though Coca-Cola's defensive profile and strong year-to-date run have left some analysts questioning whether the stock is fully priced after a ~22% YTD gain.

-0.9233

July 9, 2026Coca-Cola shares closed modestly lower amid a broader market risk-off session driven by the collapse of the U.S.-Iran ceasefire framework, which sent oil prices surging and weighed on equities broadly. Despite the decline, KO outperformed the broader market — with the S&P 500 and sector ETF XLP also finishing in the red — as defensive consumer staples drew some flight-to-quality inflows. Investor focus remains on Coca-Cola's Fairlife premium dairy expansion, strong Q1 earnings beat ($0.86 EPS vs. $0.81 est.), and a Seeking Alpha downgrade citing rich valuation near 26x forward earnings, while Wall Street's consensus target of $86.88 and a "Moderate Buy" rating reflect continued fundamental confidence.

-0.7733

CBS News · July 17, 2026Coca-Cola halts U.S. Fairlife milk production after cyberattack hits systems, company saysSecurityWeek · July 17, 2026Coca-Cola Suspends US Fairlife Production Due to Ransomware AttackABC7 Chicago · July 17, 2026Fairlife news: Chicago-based company owned by Coca-Cola pauses production after ransomware cyberattack breaches milk brand systemsWSB-TV · July 17, 2026Atlanta-based Coca-Cola says fairlife targeted by ransomwareReuters · July 16, 2026Coca-Cola says fairlife halts US production after cyber attackBloomberg.com · July 16, 2026Coca-Cola Suspends US Fairlife Operations After CyberattackTechCrunch · July 16, 2026Coca-Cola suspended production at its Fairlife dairy after a ransomware attackRefresh the World. Make a Difference · July 16, 2026The Coca-Cola Company Announces Technology Disruption Involving fairlife Operations
Benzinga · July 17, 2026What's Going on With Coca-Cola Stock Friday?
Mt Newswire · July 16, 2026Coca-Cola Suspends Fairlife US Production Operations Following Ransomware Attack
Benzinga · July 16, 2026Coca-Cola's fairlife Hit By Ransomware Attack, Temporarily Suspends U.S. Production; Product Quality And Safety Have Not Been Impacted
Benzinga · July 16, 2026UBS Maintains Buy on Coca-Cola, Raises Price Target to $98
Mt Newswire · July 15, 2026Coca-Cola Company Keeps Quarterly Dividend at $0.53 a Share, Payable Oct. 1 to Shareholders of Record on Sept. 15
Benzinga · July 14, 2026Citigroup Maintains Buy on Coca-Cola, Raises Price Target to $97
Mt Newswire · July 14, 2026Citigroup Adjusts Price Target on Coca-Cola to $97 From $91, Maintains Buy Rating
Benzinga · July 10, 2026B of A Securities Maintains Buy on Coca-Cola, Raises Price Target to $95

Peers