Coca-Cola (KO) Stock: $10 Billion US Infrastructure Plan Announced for 2026-2030
TLDR
- Coca-Cola plans to invest $10 billion in US infrastructure between 2026 and 2030, including its bottling partners.
- KO opened at $89.34 on Tuesday, up 1.2%, with a 52-week high of $92.49.
- Q2 earnings beat expectations: EPS of $0.97 vs. $0.93 estimate; revenue of $13.37 billion, up 6.2% year over year.
- Bank of America increased its KO stake by 4.4% in Q2, adding nearly 1.94 million shares worth approximately $3.74 billion.
- Analysts hold a consensus “Moderate Buy” rating with an average price target of $95.76; Morgan Stanley raised its target to $100.
Coca-Cola announced Tuesday it will invest $10 billion across US infrastructure from 2026 through 2030. The figure covers the full Coca-Cola system, meaning it includes spending from its bottling partners and not just the company’s own capital.
CFO John Murphy confirmed the system-wide scope to Fortune on Monday. For context, Coca-Cola’s standalone capital expenditure forecast for fiscal 2026 is around $2.2 billion.
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