Historical AI Consensus

This page preserves the research and market snapshot packaged for this batch. It is not updated with later prices or revised advisor outputs.

Symbol: KO.NYSE
Batch: 7
Published: September 20, 2026
AI Advisors: 14

Historical AI Consensus Investment Thesis

Coca-Cola (KO) Stock Forecast and AI Rating

Deep analysis published Sep 21 2026Original pricing snapshot Sep 18 2026

Publisher

Russlan Ramdowar

12 min read

Published 1-Year and 5-Year Forecast Outlook

Forecast targets and rating

Published batch rating

NEUTRAL

Calculated from the frozen synthesized path using the same return, horizon, volatility and dividend rules as individual opinions.

2027

1-Year

PARTIAL SELL

$88

-0.8%+1.3% incl. dividends

2031

5-Year

NEUTRAL

$104

+18.3%+31.2% incl. dividends

Published batch insight

Global Beverage Dominance Collides With Punitive Valuation Physics and Unresolved Tax Liabilities

A high consensus confirms elite operational compounding via asset-light concentrate licensing and twenty-nine percent operating margins. However, an elevated price-to-earnings multiple facing five percent sovereign yields, alongside a multi-billion-dollar federal tax appeal, caps prospective five-year equity returns near mid-single-digit annualized rates.

Deep Forecast Analysis by iPulse AI Engine

This analysis preserves the original published batch. Audit published forecasts in full transparency

Machiavelli (Insider), Universal Investor (Polymath), Elon Musk (Visionary), Warren Buffett (Value Purist), Sherlock Holmes (Whistleblower), Michael Burry (Vulture), Superintelligence (Anthropologist), J.P. Morgan (Titan), Ray Dalio (Strategist). Some archetypes run in multiple modes, resulting in 14 advisors total.

Computed on these frontier AI models

Gemini

Claude

ChatGPT

Full published thesis

Executive Summary

If you invested $10,000 in Coca-Cola at the forecast anchor (2026-09-18): $13,121 in five years versus $13,892 for S&P 500 benchmark.

Coca-Cola · Synthesized ConsensusS&P 500 benchmark

* Return is calculated incl. 2.1% net dividend yield for Coca-Cola.

Figure: Five-year synthesized consensus value path for Coca-Cola compared with S&P 500 benchmark. The path uses the synthesizer’s normalized opinion weights.

20-quarter synthesized forecastPrice targets, quarterly returns and the reasoning behind each stepView table

Frozen forecast from 18 Sept 2026. Prices in USD; returns exclude dividends. Each quarter is compounded from the previous quarter.

Anchor: 88.25 USD1-year price return: -0.78%5-year price return: +18.26%

Swipe the table horizontally to read every column.

Twenty quarterly synthesized price forecasts in USD, with returns and rationale
Quarter	Target (USD)	Quarter return	Total return	Forecast rationale
Q4 2026	86.80	-1.65%	-1.65%	Sovereign bond yields testing five percent trigger institutional multiple compression across defensive staples. Resilient holiday syrup shipments cushion baseline operating income, but negative equity risk premia drive mild initial valuation contraction.
Q1 2027	86.46	-0.39%	-2.03%	Full-year financial reporting highlights solid organic sales growth and the customary dividend increase. Strong international price realization buffers modest winter volume softening, leaving shares consolidating in a tight trading range.
Q2 2027	86.65	+0.22%	-1.81%	Heightened legal anticipation surrounding the Eleventh Circuit appellate tax hearings injects transient headline caution. Favorable summer seasonal restocking and strong Zero Sugar demand partially offset sticky freight and resin costs.
Q3 2027	87.56	+1.06%	-0.78%	Peak summer beverage demand across North America and rapid unit volume expansion across India drive quarterly revenue outperformance. Concentrate pricing adjustments protect gross margins, sparking modest defensive accumulation.
Q4 2027	88.77	+1.38%	+0.59%	Judicial indications pointing toward a potential remand in the IRS tax dispute ease catastrophic balance-sheet concerns. Robust holiday off-premise beverage consumption and solid cash conversion support moderate year-end equity appreciation.
Q1 2028	89.41	+0.72%	+1.32%	Annual packaging architecture optimizations successfully absorb localized supply-chain inflation. Management reaffirms mid-single-digit organic guidance alongside another dividend boost, preserving core institutional backing despite elevated risk-free yields.
Q2 2028	90.92	+1.69%	+3.03%	Global sporting event marketing campaigns accelerate international case volume velocity across Latin America and Europe. Scaled concentrate shipments generate positive operating leverage, lifting quarterly operating profit above consensus projections.
Q3 2028	91.74	+0.90%	+3.95%	Premium hydration platforms, including fairlife and smartwater, expand consolidated realization per gallon. Strong international volume gains counterbalance mature-market affordability fatigue, sustaining steady through-cycle operating earnings compounding.
Q4 2028	92.40	+0.72%	+4.70%	Resolution of pending tax contingencies liberates corporate capital allocation, enabling steady programmatic share repurchases. Refranchised bottling efficiencies maximize free cash flow conversion, delivering modest per-share capital appreciation.
Q1 2029	93.38	+1.06%	+5.81%	Full-year earnings confirm consistent single-digit operating profit expansion and another consecutive annual dividend increase. Reliable free cash generation defends equity valuation against persistent high-rate fixed-income competition.
Q2 2029	94.78	+1.51%	+7.40%	Accelerated distribution penetration in emerging Asian markets and ready-to-drink alcohol collaborations unlock high-margin royalty streams. Expanding international concentrate throughput powers a solid mid-year operating earnings upside beat.
Q3 2029	95.98	+1.26%	+8.76%	Gradual global monetary easing reduces discount-rate hurdles for premier defensive compounders. Peak warm-weather volume throughput and favorable commodity hedging programs protect corporate operating margins near twenty-nine percent.
Q4 2029	96.77	+0.82%	+9.65%	Institutional portfolio rebalancing rewards dependable free cash generators as broader macro growth cools. Consistent consumer checkout frequency and disciplined overhead control drive measured fourth-quarter share price appreciation.
Q1 2030	97.47	+0.72%	+10.45%	Annual financial reporting showcases structural return on invested capital exceeding thirty percent. Continued revenue growth management offsets minor raw material inflation, underpinning orderly valuation gains alongside dividend compounding.
Q2 2030	99.20	+1.78%	+12.41%	Accelerated commercial beverage conversion across urbanizing developing territories fuels strong international volume growth. Automated route-to-market systems improve distributor fulfillment, driving quarterly operating earnings growth above consensus models.
Q3 2030	100.20	+1.01%	+13.54%	Stable packaging input costs and sustained consumer brand inelasticity protect conversion spreads across international bottling networks. Balanced pricing and volume contributions maintain steady price consolidation around fair value.
Q4 2030	101.14	+0.94%	+14.61%	Dependable holiday beverage consumption and robust commercial fountain shipments generate strong annual operating cash flow. Ongoing anti-dilutive share repurchases absorb secondary market float, securing incremental year-end price progress.
Q1 2031	102.38	+1.23%	+16.02%	Management marks another consecutive annual dividend milestone while maintaining mid-single-digit organic guidance. Pristine asset-light royalty streams insulate bottom-line cash generation, supporting steady low-volatility equity compounding.
Q2 2031	103.48	+1.07%	+17.26%	Scaled functional nutrition and premium dairy lines expand category diversification. Unrivaled direct-store-delivery logistics protect shelf space, driving solid second-quarter earnings outperformance across mature and emerging channels.
Q3 2031	104.37	+0.85%	+18.26%	Five-year operational compounding culminates with normalized valuation multiples settling near twenty-two times earnings. Compounded per-share earnings growth overcomes macro discount-rate drag, concluding an orderly shareholder value creation cycle.

Coca-Cola operates an unrivaled economic tollbooth, extracting high-margin syrup royalties while delegating capital-intensive bottling infrastructure to independent franchise partners. This asset-light architecture generates sustainable operating margins near 29% and over $14 billion in trailing free cash flow. Core organic compounding remains durable, supported by double-digit volume expansion in Zero Sugar, value-added dairy scaling through fairlife, and secular commercialization runways across developing markets. However, the equity's current valuation at 26.6 times trailing earnings clashes directly with a higher-for-longer macro regime where benchmark Treasuries yield 5.0%. Paying a negative equity risk premium for mid-single-digit organic growth guarantees that valuation multiple compression toward 21-23 times will neutralize roughly half of fundamental operating profit growth over the five-year forecast horizon.

Key insights

Multiple compression from 26.6x toward 22x absorbs approximately three years of fundamental operating income growth amid 5% benchmark sovereign yields.
The Eleventh Circuit transfer-pricing appeal represents an asymmetric contingency, holding $6 billion in deposited cash while risking $14 billion in unreserved liabilities.
Refranchising deconsolidation shifts packaging inflation and fleet capex downstream, insulating parent return on invested capital above 30% despite mature-market consumer pushback.

Deep Dive

Prevailing market consensus treats the company as an infallible defensive bond proxy, bidding shares near record valuations. The crowd assumes pricing power, unbroken dividend increases, and asset-light refranchising provide complete immunity against macroeconomic turbulence. Wall Street commentary projects perpetual mid-single-digit organic growth, largely dismissing five percent risk-free sovereign yields and treating the multi-billion-dollar federal transfer-pricing dispute as an inconsequential legal footnote.

Paywalled preview begins: Deep Dive

From this section to the end-of-preview notice below, research is provided as simplified HTML text and tables. Full access provides the complete interactive interface, charts and additional datasets.

Alpha Gap & Repricing Catalysts

Where the published AI consensus diverged from the market narrative

Market narrative

Alpha gap

The crowd materially overestimates valuation durability, creating distinct overpricing relative to prevailing capital costs. Investors commit an analytical error by paying nearly twenty-seven times earnings for a low-single-digit volume grower while benchmark Treasuries yield five percent, creating an inverted equity risk premium. Furthermore, the market discounts up to fourteen billion dollars in unreserved contingent tax liabilities. Underlying cash compounding remains pristine, but multiple normalization will heavily absorb operational earnings growth.

Repricing catalyst

The primary convergence catalyst is the forthcoming Eleventh Circuit appellate tax decision expected between late 2026 and 2027, coinciding with persistent sovereign yield stickiness near five percent. An adverse judicial confirmation of IRS back-tax liabilities or consecutive quarters of mature-market volume deceleration will puncture valuation complacency. Institutional rebalancing away from low-yielding staples toward fixed income will prompt immediate price-to-earnings multiple contraction.

Published consensus context

Macro regime alignment

The prevailing macroeconomic regime of restrictive central bank policy, five percent Treasury yields, and persistent commodity inflation represents a distinct headwind. While the company's brand moat and concentrate pricing power effectively transmit agricultural costs to consumers, elevated risk-free discount rates heavily penalize premium consumer staples multiples, while dollar strength creates persistent overseas translation drag.

Published consensus context

Advisor disagreement

The decisive analytical dispute across reports centers on valuation duration versus operational earnings durability. One perspective argues that superior return on invested capital, asset-light concentrate licensing, and volume growth in Zero Sugar justify a permanent scarcity premium above twenty-five times earnings. Opposing analyses contend that trading at an inverted equity risk premium against five percent sovereign debt makes multiple compression toward historical medians mathematically inevitable. An additional point of friction concerns the IRS transfer-pricing appeal: bullish frameworks treat the six-billion-dollar deposit as an isolated recoverable escrow asset, whereas bearish models warn of an unreserved fourteen-billion-dollar secondary liability. Forthcoming appellate court rulings and quarterly unit volume elasticity in developed markets will resolve this debate.

Published scenario analysis

Base-case forces, risks, and opportunities

Top drivers and tailwinds

Asset-light concentrate refranchising margin expansion: Completed refranchising of capital-intensive bottling assets structurally elevated operating margins toward thirty percent and return on equity above forty percent. By retaining high-margin concentrate formulation while delegating distribution logistics and heavy equipment to independent partners, corporate free cash conversion expands, insulating cash flow from industrial packaging inflation and volatile freight spikes. Expected impact: +17%.
Global revenue growth management pricing dominance: Proprietary packaging architecture and sophisticated revenue management algorithms optimize transaction sizing, substituting mini-cans and premium single-serve bottles to lift realized revenue per liter. Even during consumer belt-tightening cycles, this granular price-pack execution preserves gross margins above sixty-one percent without triggering volume elasticity penalties across developed and emerging retail channels. Expected impact: +14%.
Zero-sugar formulation and dairy premiumization: Double-digit volume expansion in Coca-Cola Zero Sugar combined with rapid scaling in high-protein fairlife dairy captures wellness-oriented consumer demographics. Reformulating portfolios toward zero-calorie and functional categories counteracts legacy carbonated soft-drink headwinds and municipal sugar excises. This favorable mix shift expands shelf velocity and commands premium realization across grocery and convenience outlets. Expected impact: +11%.
Emerging market commercial beverage penetration: Unmatched cold-drink equipment placement and direct-store-delivery networks throughout India, Southeast Asia, and Latin America capture secular demographic growth. Commercial ready-to-drink beverages represent under thirty percent of daily fluid intake in developing regions. Low-cost single-serve glass architectures establish generational brand loyalty, driving durable mid-single-digit unit case volume expansion that cushions maturing Western markets. Expected impact: +10%.

Top frictions and headwinds

Bond proxy valuation multiple compression: With benchmark ten-year Treasury yields anchored near five percent under persistent inflation, Coca-Cola's trailing earnings multiple of twenty-seven times faces severe discount-rate headwinds. Offering an earnings yield under four percent creates an inverted equity risk premium against risk-free sovereign debt. Institutional capital reallocation mechanically compresses the stock's valuation multiple toward historical medians. Expected impact: -16%.
Foreign exchange translation and dollar strength: Generating roughly sixty-five percent of net revenues outside the United States exposes consolidated financial results to chronic foreign exchange drag. Persistent monetary policy divergence and geopolitical fragmentation maintain upward pressure on the US dollar, eroding foreign operating income upon repatriation. Local pricing increases face purchasing-power limits, preventing complete offsetting of emerging-market currency debasement. Expected impact: -9%.
Cumulative lower-income consumer price elasticity: Years of aggressive cumulative price increases have strained low-income consumer discretionary budgets, triggering perceptible transaction resistance and private-label substitution in retail grocery channels. Convenience store foot traffic moderation and pantry economization constrain further pricing headroom across North America and Europe. This ceiling slows top-line organic momentum toward low single digits. Expected impact: -7%.
Global sugar taxes and packaging mandates: Public health ministries across Europe and Latin America are systematically escalating discriminatory sugar excise levies and mandatory recycled resin quotas. Compliance overhead, packaging alterations, and retail tax pass-throughs raise unit shelf prices, depressing volume elasticity in mature metropolitan markets. Concurrently, expanding clinical adoption of metabolic GLP-1 therapies caps per-capita intake of full-calorie sparkling beverages. Expected impact: -6%.

Tail risks

Catastrophic Eleventh Circuit tax ruling defeat: The Eleventh Circuit affirms the Tax Court's transfer-pricing judgment by 2027, validating retroactive reallocation of foreign subsidiary concentrate income. Definitive judicial defeat converts the deposited six billion dollars into a permanent loss while establishing binding precedent triggering an estimated twelve to fourteen billion dollars in additional back taxes. The massive cash outflow requires debt financing, freezes buybacks, and impairs credit metrics. Probability: +40%. Expected impact: -19%.
Coordinated international sugar excise bans: Strained sovereign governments facing escalating healthcare liabilities enact aggressive statutory excise taxes exceeding twenty percent on sugar-sweetened beverages by 2028. Compulsory front-of-package warning labels and retail display bans spread across Europe and Latin America. The regulatory onslaught overwhelms consumer demand elasticity, forcing immediate high-single-digit volume contractions that inflict severe operating profit downgrades across major global divisions. Probability: +26%. Expected impact: -15%.

Tail opportunities

Eleventh Circuit appellate tax victory vacatur: The US Eleventh Circuit Court of Appeals vacates the Tax Court's transfer-pricing deficiency judgment by 2027, finding the IRS's retroactive reallocation arbitrary. Legal exoneration mandates the immediate refund of Coca-Cola's six-billion-dollar litigation cash deposit with statutory interest, while permanently erasing up to fourteen billion dollars in unreserved contingent liabilities. The multi-billion-dollar liquidity windfall unleashes massive accelerated share repurchases and drives immediate multiple expansion. Probability: +37%. Expected impact: +15%.
Global ready-to-drink alcohol platform consolidation: Accelerated cross-border regulatory liberalization enables nationwide retail distribution of co-branded ready-to-drink alcoholic cocktails via expanded spirits partnerships by 2028. Tapping high-margin adult recreational occasions through existing cold-chain distribution channels bypasses traditional soft-drink volume saturation. This asset-light licensing expansion lifts organic revenue growth by several percentage points and widens consolidated gross margins without requiring physical distillery assets. Probability: +26%. Expected impact: +14%.

What to monitor

Thesis watchpoints

-- Global unit case volume growth slowing below two percent alongside North American contraction over two consecutive quarters confirms consumer pricing exhaustion.

Key insights

An Eleventh Circuit appellate decision vacating the IRS tax deficiency before late 2027 eliminates contingent liabilities and accelerates share buybacks.
Ten-year Treasury yields declining sustainably below three-point-five percent eliminates the negative equity risk premium, requiring reassessment of multiple ceilings.

Company Financial Analysis

Coca-Cola Earnings and Financials Analysis by AI

Financial figures available as of Sep 20, 2026. Only filings and source records available by this analysis date are included.

Earnings and financials

AI Review

Coca-Cola's reported financial results showcase strong business momentum driven by effective pricing and positive product mix. For the trailing twelve months ended mid-2026, revenue surpassed 50 billion dollars, with operating income climbing to nearly 15 billion dollars. Growth has been powered by double-digit volume gains in Coca-Cola Zero Sugar and rapid expansion in premium dairy offerings like fairlife. These figures confirm that core consumer demand remains dependable across key international regions. However, reported headline figures slightly flatter underlying performance. Recent revenue acceleration reflects significant price increases and favorable currency movements rather than large surges in physical volume. Sustaining strong profit growth will increasingly require genuine unit case volume expansion as lower-income shoppers become sensitive to cumulative grocery inflation.

Revenue, earnings, and cash flow

The table compares up to five fiscal years of revenue, net income, and free cash flow available to this analysis.

Revenue, net income, and free cash flow history
Fiscal year	Revenue	Net income	Free cash flow
2025	USD 47.9B	USD 13.1B	USD 5.3B
2024	USD 47.1B	USD 10.6B	USD 4.7B
2023	USD 45.8B	USD 10.7B	USD 9.7B
2022	USD 43B	USD 9.5B	USD 9.5B
2021	USD 38.7B	USD 9.8B	USD 11.3B

Valuation context: historical P/E

The table compares up to five fiscal years of point-in-time valuation evidence available to this analysis.

Historical price-to-earnings ratios
Fiscal year	P/E	Earnings basis	Currency basis	Ticker / reporting
2025	23.0x	TTM	Native	USD / USD
2024	25.3x	TTM	Native	USD / USD
2023	23.8x	TTM	Native	USD / USD
2022	29.0x	Annual	Native	USD / USD
2021	26.3x	Annual	Native	USD / USD

P/E uses historical market capitalization and earnings known at each period. Cross-currency observations are normalized to USD using point-in-time FX rates.

Profitability and margins

AI Review

Profitability has expanded structurally over recent years, with operating margins reaching 28.7 percent in 2025 and approaching 30 percent in recent quarters. Gross margins remain anchored above 61 percent. This profitability surge is primarily driven by the completed refranchising of bottling assets, allowing the parent company to collect high-margin syrup royalties while independent bottlers absorb fuel and packaging inflation. Smart packaging strategies, like smaller mini-cans that command higher prices per ounce, have also supported profit margins. However, operating margins are nearing a natural peak. With bottling divestitures largely finished, future margin improvement must come from supply-chain automation and premium product growth rather than structural corporate reorganization.

The table compares up to five fiscal years of operating income and reported profitability margins.

Operating income and margin history
Fiscal year	Operating income	Operating margin	Net margin
2025	USD 13.8B	28.7%	27.3%
2024	USD 10B	21.2%	22.6%
2023	USD 11.3B	24.7%	23.4%
2022	USD 10.9B	25.4%	22.2%
2021	USD 10.3B	26.7%	25.3%

Balance sheet and leverage

AI Review

Coca-Cola's balance sheet maintains strong operational stability, supported by 105 billion dollars in total assets and shareholder equity of 32 billion dollars. Debt-to-equity stands at a manageable 1.47, and robust interest coverage above ten times confirms that operating earnings easily handle ongoing borrowing costs. Extended debt maturities protect the company from immediate interest-rate shocks. However, a substantial contingent exposure sits off the primary ledger. While Coca-Cola deposited six billion dollars with the IRS to halt interest during its federal tax appeal, an adverse final court ruling could trigger up to fourteen billion dollars in additional liabilities. This unresolved litigation restricts large-scale discretionary share repurchases until courts reach a final verdict.

The table compares up to five fiscal years of debt, liquidity, net cash or debt, and current-ratio evidence.

Balance sheet leverage and liquidity history
Fiscal year	Total debt	Cash + short-term investments	Net cash / (debt)	Current ratio
2025	USD 47.2B	USD 13.9B	USD 36.9B net debt	1.46x
2024	USD 45.7B	USD 14.6B	USD 34.9B net debt	1.03x
2023	USD 43.4B	USD 13.7B	USD 34.1B net debt	1.13x
2022	USD 40.6B	USD 11.6B	USD 31.1B net debt	1.15x
2021	USD 44.5B	USD 12.6B	USD 34.9B net debt	1.13x

Net debt below zero is displayed as net cash. Current ratio is current assets divided by current liabilities.

Capex and investment intensity

AI Review

Management demonstrates strict capital allocation discipline by maintaining an asset-light operating model. Capital expenditures consumed roughly 4.4 percent of revenue in fiscal 2025, totaling approximately 2.2 billion dollars. By handing capital-heavy packaging and distribution operations to independent regional bottling partners, the company shields its balance sheet from industrial manufacturing expenses. Corporate investments now focus tightly on digital marketing, fountain dispensing technology, and selective dairy production expansion, such as fairlife capacity in Michigan. This restrained spending frees up massive cash flow, generating over 14 billion dollars in trailing free cash flow to support reliable shareholder dividends and selective brand investments.

The table compares up to five fiscal years of capital expenditure and research-and-development investment.

Capital expenditure and research and development history
Fiscal year	Capital expenditure	R&D spend
2025	USD 2.1B	--
2024	USD 2.1B	--
2023	USD 1.9B	--
2022	USD 1.5B	--
2021	USD 1.4B	--

Immutable published data

Averaged consensus horizons

The table preserves this publication's original rating, return, and advisor-agreement measurements by forecast horizon.

Horizon	Rating	Score incl. dividends	Compounded return incl. dividends	Direction agreement	Snapshot
1Y	PARTIALLY_SELL	-41	+1%	Not available	ORIGINAL
5Y	NEUTRAL	34	+29.4%	Not available	ORIGINAL

Averaged consensus scenarios

The table outlines the frozen bear, consensus, and bull price scenarios for each published forecast period.

Period	Date	Bear case	Consensus	Bull case	AI Advisors
+3M	December 18, 2026	84.72	86.86	90.02	14
+6M	March 18, 2027	82.18	86.38	90.92	14
+9M	June 18, 2027	83	86.63	93.64	14
+1Y	September 18, 2027	81.39	87.32	95.52	14
+15M	December 18, 2027	82.2	88.4	98.38	14
+18M	March 18, 2028	79.74	88.93	99.36	14
+21M	June 18, 2028	79.74	90.33	101.35	14
+2Y	September 18, 2028	78.14	91.01	102.37	14
+27M	December 18, 2028	78.92	91.68	104.41	14
+30M	March 18, 2029	78.14	92.56	105.46	14
+33M	June 18, 2029	79.7	93.88	107.57	14
+3Y	September 18, 2029	80.5	95.03	108.64	14
+39M	December 18, 2029	81.3	95.75	110.81	14
+42M	March 18, 2030	81.3	96.45	111.92	14
+45M	June 18, 2030	82.93	98.04	114.16	14
+4Y	September 18, 2030	83.76	99.03	115.3	14
+51M	December 18, 2030	83.8	99.86	117.61	14
+54M	March 18, 2031	84.64	101.03	118.78	14
+57M	June 18, 2031	85.48	102.11	121.16	14
+5Y	September 18, 2031	84.63	102.99	122.37	14

Frozen comparison context

SPDR S&P 500 ETF Trust forecast context

The benchmark definition and forecast path are frozen with this publication so future benchmark changes do not rewrite the historical comparison.

Benchmark snapshot: 761.69 on September 18, 2026

Period	Date	Bear case	Consensus	Bull case
+3M	December 18, 2026	723.6055	750.2647	769.3069
+6M	March 18, 2027	701.8973	736.44	784.693
+9M	June 18, 2027	695.1	743.3975	808.2338
+1Y	September 18, 2027	681.198	755.1476	816.3162
+15M	December 18, 2027	688.01	776.2182	840.8057
+18M	March 18, 2028	701.7702	787.1259	857.6218
+21M	June 18, 2028	722.8233	802.8344	883.3504
+2Y	September 18, 2028	730.0515	812.0465	892.1839
+27M	December 18, 2028	751.9531	839.1839	927.8713
+30M	March 18, 2029	766.9921	850.5008	946.4287
+33M	June 18, 2029	782.332	872.3935	965.3573
+3Y	September 18, 2029	790.1553	885.5111	975.0109
+39M	December 18, 2029	805.9584	909.5618	1,004.2612
+42M	March 18, 2030	822.0776	916.132	1,024.3464
+45M	June 18, 2030	830.2984	936.5109	1,055.0768
+4Y	September 18, 2030	830.2984	947.3438	1,065.6276
+51M	December 18, 2030	855.2073	969.5876	1,097.5964
+54M	March 18, 2031	872.3114	979.9863	1,119.5483
+57M	June 18, 2031	889.7577	999.6043	1,141.9393
+5Y	September 18, 2031	898.6553	1,011.7644	1,153.3587

The Whistleblower

The Vulture

Gemini 3.8 Flash

Weight4.6/100

Provides a valuable forensic critique of negative equity risk premia and lack of tangible book cushion. However, projects overly severe multiple derating that discounts Coca-Cola's proven capacity to maintain pricing power across diverse economic cycles.

AI RESEARCHER

Elon Musk AI

The Visionary

Gemini 3.8 Flash

Weight3.7/100

Identifies real valuation risks and consumer elasticity pushback, but relies on overly aggressive derating assumptions that understate the structural durability of the global beverage concentrate model and emerging-market demographic tailwinds.

Skip to references

Research Provenance

References & Context

This Coca-Cola consensus analysis combines structured market evidence with independent AI-agent forecasts. External references below are limited to sources recorded by the researcher agents for this forecast batch.

Primary analysis inputs

iPulse AI Multi-Agent Forecasts — independent analyst personas, model outputs, and consensus synthesis.
iPulse AI Global Events Context — macroeconomic, geopolitical, regulatory, and industry-event context.
Structured market history — prices, distributions, volatility, identifiers, and listing metadata.
Company earnings and financial statements — revenue, profitability, balance-sheet, cash-flow, and investment trends.
Researcher web evidence — public sources consulted to challenge and contextualize the forecast thesis.

Independent AI Advisor panel

AI Advisors: 14
AI Researchers: 11
AI Thinkers: 3

Sources retained from AI Researcher searches

Asset-specific · Researcher web

Showing the top 15 of 36 deduplicated sources retained for this batch.

01Coca-Cola Stock Is Up 29% in 2026: What Will It Take to Break Through $100? - 24/7 Wall St.247wallst.com
02www.businesswire.combusinesswire.com
03Coca-Cola (KO) Q2 2026 earningscnbc.com
04Coca-Cola Reports Second Quarter 2026 Results and Raises Full Year Guidancecoca-colacompany.com
05The Coca-Cola Company Plans $650 Million Investment to Expand fairlife Facility in Michigancoca-colacompany.com
06The Cola Wars Are Over. Now It’s Coke vs. the IRS for $20 Billion — Here’s Why Every Business Owner Should Care – Cordasco & Companycspcpa.com
07Coca-Cola (KO) - SWOT Analysis Report (2026)deepresearchglobal.com
08Coca-Cola Dividend Rises to $0.53 as KO Yield Falls to 2.40% | Drip Investingdripinvesting.org
09fairlife Celebrates Progress on Flagship Northeast Facility in Webster, New York - fairlife Newsfairlife.com
10Coca-Cola Co (KO) (Q2 2026) Earnings Call Highlights: Strong Volume Growth and Raised Guidance ...finance.yahoo.com
11Coca-Cola Is Flying High in 2026: Is its Dividend Still Worth Buying?finance.yahoo.com
12CocaCola Q2 Earnings Call Highlightsfinance.yahoo.com
13The Coca-Cola Company (KO) Stock Price, News, Quote & History - Yahoo Financefinance.yahoo.com
14Inside Coca-Cola’s Global Bottling Refranchising Strategy | HR Chiefhrchiefmagazine.com
15Coca-Cola Reports Second Quarter 2026 Results and Raises Full Year Guidanceinvestors.coca-colacompany.com

And 21 more sources were used and retained in the batch inventory.

Context retained with this Consensus

The same public-safe market, global-event, and fundamental context supplied to the AI Advisor panel.

Global context snapshot

2025 Full-Year Global Market and World-Events Context

Download Archived Snapshot

Coverage 2025-01-01 to 2025-12-31 · Knowledge cutoff 2025-12-31

This full-year context package covers the principal geopolitical, economic, monetary-policy, technology, trade, energy, and institutional developments that shaped global markets during 2025. It gives the forecasting model a chronological account of major world events together with their likely transmission into growth, inflation, interest rates, supply chains, commodities, currencies, public markets, and sector-level investment conditions.

The package also includes monthly and quarterly macroeconomic and cross-asset reference tables spanning US and international growth, central-bank policy, sovereign yields, major equity indices, foreign exchange, energy, industrial and precious metals, and digital assets. Quarterly and full-year high-impact summaries are integrated; monthly quantitative series remain working values pending final audit, and that qualification is part of the preserved context.

Top 3 market shifts from 2025 Full-Year Global Market and World-Events Context
Top 3 Market Shifts From File	Date	Status
DeepSeek shock and AI economics reset	2025-01-27	OPEN ENDED TREND
US tariff regime escalation and trade-system rupture	2025-02-01	ACTIVE POLICY REGIME
Federal Reserve easing cycle after a prolonged hold	2025-09-17	ACTIVE POLICY REGIME

Representative Sources of the Context File

Federal Reserve US Bureau of Labor Statistics US Bureau of Economic Analysis US Treasury US Energy Information Administration Reuters World Associated Press World News BBC World

And more sources from the retained context package.

2026 Year-to-Date Global Market and World-Events Context Through September 20

Download Archived Snapshot

Coverage 2026-01-01 to 2026-09-20 · Knowledge cutoff 2026-09-20

January 1-September 20, 2026: monetary tightening, energy security, trade restrictions, AI financing and divergent growth; five leading market themes.

Fed raised rates to 3.75%-4.00%; ECB hike is in force and BOJ increase starts September 24. Markets through September 18, bitcoin through September 19.

Top 3 market shifts from 2026 Year-to-Date Global Market and World-Events Context Through September 20
Top 3 Market Shifts From File	Date	Status
Renewed monetary tightening amid persistent inflation	2026-01-30	ACTIVE POLICY REGIME
Iran/Hormuz conflict and wider energy-security disruption	2026-02-28	ONGOING
Tariff legal reset and strategic supply restrictions	2026-02-20	ACTIVE POLICY REGIME

Representative Sources of the Context File

Federal Reserve US Bureau of Labor Statistics European Central Bank International Monetary Fund Reuters World Associated Press World News

And more sources from the retained context package.

Fundamental context

Income statement

9 fields

depreciationAndAmortization · ebit · ebitda · grossProfit · +5 more fields

Balance sheet

12 fields

cash · commonStockSharesOutstanding · longTermDebt · netDebt · +8 more fields

Cash flow

5 fields

capitalExpenditures · dividendsPaid · freeCashFlow · salePurchaseOfStock · +1 more field

annual: 2014-12-31–2025-12-31, 12 periods; quarterly: 2023-09-30–2026-06-30, 12 periods

Currencies cited: USD (quote USD; primary reporting USD; converted/valuation USD).

End of the paywalled preview

The excerpt from Deep Dive to this notice is the simplified paywalled content included on this page. A signed-in, verified account with the required subscription provides the full interactive interface and the additional research, datasets and tools listed below.

Those additional materials are not included in this preview and cannot be revealed by removing its visual restrictions.

Additional with full access

Individual AI Advisor reports
- Separate investment theses, scenarios, factors, risks and opportunities
- Quarterly forecast events and supporting citations
- Published advisor configuration snapshots
Interactive research tools
- Zoomable forecast and benchmark comparisons
- Currency and dividend assumptions
- Additional datasets and eligible historical research

Explore complete public research examples

These public assets show the complete AI Consensus research. Their findings concern those assets, not this report.