NEW YORK, Feb 14, 2026, 16:59 EST — Market closed
- Coca-Cola ended Friday’s session at $78.68, slipping 0.4%.
- U.S. stock markets will be closed Monday for Washington’s Birthday, with trading picking back up on Tuesday.
- Henrique Braun, the incoming CEO, and CFO John Murphy are slated to address CAGNY on Feb. 17.
Shares of The Coca-Cola Company (KO) slipped 0.4% to $78.68 by Friday’s close, just before the market break. KO shares ranged from $78.14 to $79.40 during the session.
With U.S. markets shuttered for Washington’s Birthday—Presidents Day—KO investors get an extended break. Regular trading is set to pick up again on Tuesday, when the next move for the stock comes into focus.
Coca-Cola’s incoming CEO Henrique Braun and CFO John Murphy are set to speak at 10 a.m. ET, Feb. 17, during the Consumer Analyst Group of New York (CAGNY) gathering in Orlando. After last week’s earnings release, investors are looking for more specifics around 2026 volumes and pricing details.
Brokers have been tweaking their targets ahead of the report. Barclays bumped up its Coca-Cola price target to $83 from $77, sticking with its Overweight call—meaning they still see Coke outperforming its peer group.
Uncertainty lingers. The S&P 500 eked out a slight gain on Friday; the Nasdaq dipped into the red.
PepsiCo slipped 0.8%, with Keurig Dr Pepper down by the same margin in the latest session, both major U.S. beverage stocks tracking lower together.
Coca-Cola has the 10:00 to 10:45 a.m. window on Tuesday at CAGNY. PepsiCo comes up at 9:00 a.m. Wednesday.
Braun—set to succeed James Quincey at the end of March—emphasized that the company must get “closer to the consumer” and boost its “speed to market.” Jefferies analyst Kaumil Gajrawala, in a note, described Coca-Cola’s 2026 outlook as “conservative” but said it’s “appropriate for the start of the year.” Reuters
Coca-Cola is guiding for 2026 organic revenue growth between 4% and 5%, and says it’s targeting comparable EPS up 7% to 8%. That organic revenue number strips out currency effects and M&A; comparable EPS bumps out some one-time items. There are a few wild cards, though: The tax-rate forecast doesn’t account for any potential IRS litigation hit if Coca-Cola loses, and the outlook also bakes in a successful regulatory clearance and second-half closing for its planned sale of Coca-Cola Beverages Africa.
KO traders return Tuesday, after a quiet Monday, eyeing the CAGNY webcast as the week’s first mover. If there’s any shift in commentary—volumes, pricing, or the Africa bottler timeline—it’ll likely hit the stock right away.
