Coca-Cola Stock Surges to Record, P/E Tops Most of Magnificent Seven
KO sits 35% above its 52-week low of $65.354 on elevated volume (2.0× avg).
Summary
Coca-Cola shares jumped 5% to $88.27 after touching a record $90, driven by strong Q2 earnings and a rotation out of tech. The stock now trades at ~27x forward earnings, a premium to all Magnificent Seven names except Apple and Tesla. This follows the Q2 beat reported earlier today, with 7% revenue growth and raised guidance. The valuation gap versus PepsiCo has widened to a 30-year extreme, reflecting Coke's capital-light model and consistent execution. With $12B in projected free cash flow and a 2.5% dividend, the stock is attracting defensive flows despite concerns over GLP-1 drugs and health headwinds.
At the time of this announcement, KO was trading at $88.27 on NYSE in the Trade & Services sector, with a market capitalization of approximately $379.8B. The 52-week trading range was $65.35 to $90.22. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.