Stock of the Day

November 5, 2021

Coca-Cola Europacific Partners (CCEP)

$108.02
-$1.08 (-1.0%)
Market Cap: $50.29B

About Coca-Cola Europacific Partners

Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. It offers flavours, mixers, and energy drinks; soft drinks, waters, enhanced water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks. The company provides its products under the Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Fanta, Sprite, Monster Energy, Coca-Cola Energy, Relentless, nalu, URGE, BURN, Kuli, REIGN, POWERADE, Appletiser, Schweppes, FINLEY, mezzo mix, Royal Bliss, Lift, Vio SCHORLE, Coca-Cola Signature Mixers, NORDIC MIST, smartwater, Chaudfontaine, AQUARIUS, VILAS del Turbon, BONAQUA, Apollinaris, Krystal, Honest, Costa Coffee, Fuzetea, CHAQWA, NESTEA, Capri-Sun, Oasis, Minute Maid, MER, and Tropico brands. In addition, it engages in the bottling and other operations. The company was formerly known as Coca-Cola European Partners plc and changed its name to Coca-Cola Europacific Partners PLC in May 2021. The company was founded in 1904 and is based in Uxbridge, the United Kingdom.

Today's Trend

Coca-Cola Europacific Partners (NASDAQ: CCEP) shares have increased as investors respond to strong first-half 2026 results and supportive analyst sentiment, although the company’s unchanged outlook and expected second-half cost pressures have limited enthusiasm.

  • CCEP reported a strong first half, with revenue rising 6.1% to approximately €10.7 billion, operating profit increasing 8.1% to about €1.5 billion, and diluted EPS climbing 10.6% to roughly €2.20. The results reportedly exceeded first-half forecasts. Coca-Cola Europacific Partners posts strong H1 2026 and reaffirms guidance
  • Wells Fargo raised its price target for CCEP to $120, signaling additional potential upside and reinforcing the view that the company’s earnings performance remains solid. Wells Fargo raises Coca-Cola Europacific Partners price target
  • Management reaffirmed its full-year 2026 targets, including approximately 3%–4% revenue growth, about 7% operating-profit growth and comparable free cash flow of at least €1.7 billion. Reaffirmation provides stability but was not an upgrade that could have driven a stronger rally. CCEP 2026 Q2 results presentation
  • Investors are weighing a tougher second half, including six fewer selling days, a more difficult comparison base and greater exposure to commodity and geopolitical cost pressures. Those factors may constrain margins and explain the muted initial reaction despite the strong H1 performance. CCEP falls as investors weigh results and outlook
  • The shares had reached a record high before the interim results, prompting profit-taking after the announcement even though earnings and profit were higher year over year. Coca-Cola Europacific shares lose fizz after interim results

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