Coca-Cola stock has climbed 32% in 2026 and reached a record high, outperforming every Magnificent 7 technology company, according to Yahoo Finance AlphaSpace data.
The rally has come during the first year of Henrique Braun’s tenure as chief executive of The Coca-Cola Company (NYSE: KO). Braun took over the top job in March.
By comparison, Meta Platforms (NASDAQ: META) shares were down 15% for the year, while Tesla Inc. (NASDAQ: TSLA) fell 22%, according to Yahoo Finance AlphaSpace data.
Coca-Cola reported USD 13.4 billion in second-quarter net revenue, up 7% from a year earlier, according to company figures.
Earnings per share rose 16% to USD 1.03. Organic revenue increased by 6%, while global unit case volume increased by 5%. The company attributed growth partly to products such as Coca-Cola Zero Sugar and to stronger sales in international markets.
Pricing, cost controls and currency movements also supported operating margins. Coca-Cola subsequently raised its full-year earnings guidance.
Read: Cocaine ‘worth €50m’ discovered at Coca-Cola plant
Evercore ISI analyst Robert Ottenstein said Coca-Cola continued to justify a higher relative valuation than its recent historical range.
The share gains to investor demand for defensive companies with stable cash flow and dividends during periods of market volatility.
