Coca-Cola Co KO is set to release its fourth-quarter earnings on Tuesday. Analysts predict the company will report earnings of 52 cents per share, along with revenues of $10.68 billion, before the markets open.

Over the past year, Coca-Cola’s stock has risen by 7.45%, with a year-to-date increase of 3.74%.

This article will analyze Coca-Cola’s stock performance and compare it against Wall Street’s expectations.

Coca-Cola’s Stock Poised for Growth Ahead of Earnings Report

Positive Trends for KO Stock as Earnings Approach

Chart created using Benzinga Pro

Coca-Cola’s stock is on a positive trajectory, currently trading above its eight-day, 20-day, and 50-day simple moving averages. This trend indicates strong buying pressure and suggests potential for further gains.

The Moving Average Convergence Divergence (MACD) indicator stands at 0.33, reinforcing this bullish outlook.

Moreover, the Relative Strength Index (RSI) of KO stock is at 58.00, which is in neutral territory yet trends towards overbought conditions. This means while the stock shows an upward trend, investors might want to keep an eye out for a possible consolidation phase.

Should the buying trend continue, more momentum-focused investors may find Coca-Cola stock to be an appealing option.

Analysts Predict 11% Growth for Coca-Cola Stock

Analyst Ratings and Price Targets: Currently, the consensus on Coca-Cola stock is a Buy, with an average price target of $71.30. Recent ratings from RBC Capital, Jefferies, and JPMorgan suggest an 11.3% upside, with a projected average price target of $71.33.

Current Stock Price: When this article was published, Coca-Cola stock was trading at $64.

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