Coca-Cola’s stock tumbles as CEO remarks spark growth doubts
Coca-Cola Stock: Key Support Falters
Coca-Cola stock loses key chart support after CEO remarks fuel short-term growth concerns, leading to significant price losses.
2025-12-07T10:56:20+00:00
trading, finance, investing, stock-market
Coca-Cola’s share price has fallen in recent days, dropping below a key technical level. The decline follows cautious remarks from the company’s CEO, which raised concerns about short-term growth. Investors are now reassessing their expectations for the beverage giant.
The stock slipped 4.5% over the past week after CEO James Quincey spoke at the Morgan Stanley Consumer & Retail Conference. His comments triggered doubts about near-term performance, pushing the price down. Shares are now trading at €60.12, below the 200-day moving average of €61.04.
Most analysts still view Coca-Cola with cautious optimism, maintaining a 'Moderate Buy' recommendation. However, four analysts now suggest holding rather than buying or selling, signalling a more reserved stance. Goldman Sachs kept a 'Neutral' rating on the stock, even after lifting its target price to $72.
The recent drop has led investors to reconsider Coca-Cola’s growth prospects in the coming months. While some analysts remain optimistic, others are adopting a wait-and-see approach. The stock’s position below its long-term average adds to the uncertainty.
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