Coca-Cola (KO) Stock Forecast for January 2024 and Beyond

Looking Ahead to January 2024 and Beyond: Coca-Cola (KO) Stock Prediction

As of January 6, 2024, the current price of Coca-Cola (KO) stock is $59.67, and the stock has been in a downtrend for the past year

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The lowest analyst expectation for KO's 2024 EPS is $2.77, while the highest is $2.85.

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Sell-side analysts appear to be bullish on Coca-Cola entering 2024, with a majority of the 23 analysts providing a positive rating on the stock

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According to various stock forecast models, the future price of KO stock is predicted to range from $47.68 to $115.08 by 2025

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The median target price for KO stock by the 21 analysts offering 12-month price forecasts is $65.00, with a high estimate of $71.00

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The average price target for KO is $63.88, with a high forecast of $71.49 and a low estimate of $47.68

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Coca-Cola's market position and innovation in the beverage industry are crucial factors that could influence its stock performance

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The company's ability to execute its long-term growth strategy amid potential economic headwinds is an important factor to consider

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KO has outperformed its overall industry in the past year, with a 100% beat on EPS estimates and a 75% beat on sales estimates

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