Coca-Cola Consolidated (COKE)
NASDAQConsumer StaplesBeverages - Non-alcoholicSnapshot 2026-09-04
$189.33-4.09%
Close 2026-09-04 · 1-day change
NASDAQConsumer StaplesBeverages - Non-alcoholicSnapshot 2026-09-04
Intact: The reason to own it still holds.
Coca-Cola Consolidated grew revenue 17% in 2026-Q1 to $1.85 billion. Operating income rose 25% to $237.5 million. The company manages costs well and keeps growing sales. These trends support steady profit and cash flow.
The stock is down 17.5% from its high. Profit growth could slow if costs rise. Revenue growth below 8% would hurt the thesis.
The market expects about 8% revenue growth. Our fair value is near $708, close to consensus. The recent selloff suggests some doubts on growth sustainability.
Breaks if: Capex exceeds $350 million in FY26
Breaks if: Operating income growth falls below 10% YoY next year
Breaks if: YoY revenue growth falls below 8% next year
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a durable compounder with a focus on steady revenue and volume growth. The current thesis state is intact, with management prioritizing growth and maintaining disciplined capital expenditures.
The market currently prices COKE at a premium compared to its peers, reflecting justified expectations. There is an expectations gap indicating that the market may be cautious about future performance, despite recent strong results.
Fundamentals are likely to remain stable, supported by management's focus on revenue and operating income growth. However, there is a moderate risk due to the company's recent history of earnings misses, which could affect future performance.
The thesis hinges on key factors such as guidance from management in upcoming calls, inflation trends, and performance of sector leaders like KO and PEP. Any negative guidance could lead to a significant downturn, while favorable conditions in the sector could enhance COKE's performance.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Focus on driving revenue growth through strong volume performance and pricing actions.
Overall, COKE's position appears solid for the next 1 to 3 years, but it faces risks that could impact its trajectory. Not investment advice.