Coca-Cola hits record high near $95, then slips ahead of Q3 earnings
The gist
Coca-Cola stock hit a record $95.37, putting it on track for its best year since 1996.
Piper Sandler raised its target to $102, but other analyses call the shares overvalued.
How it unfolded
- Oct 20, 2026Coca-Cola traded down 0.6% at $92.83 in the afternoon, against a 35% gain year to date and a trailing P/E of 31x.
- Oct 22, 2026The stock hit a record high of $95.37, gaining over 2% and putting it on track for its strongest annual performance since 1996.
- Oct 23, 2026KO closed at $95.34.