Since bottoming out at around $67.50 in early January, the stock is now up to $79.03 heading into its report. At the moment, KO is expected to post revenue of about $12 billion, up 4% year over year. Adjusted EPS of 57 cents is also expected, which would be 3.6% growth.
Analysts at UBS have a buy rating on the KO stock with an $82 price target.
As noted by Investing.com, “UBS analyst Peter Grom forecasts fourth-quarter earnings per share of $0.56, slightly below the Visible Alpha consensus of $0.57, but still expects Coca-Cola to deliver ‘another quarter of +MSD organic growth’ with initial guidance pointing to another on-algorithm year ahead.”
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Analysts at Bank of America just reiterated a buy rating on Nvidia.
The firm said, as quoted by CNBC, “Our $275 PO is based on 28x CY27E PE ex cash, within NVDA’s historical 25x-56x forward year PE range, which we believe is justified by NVDA’s leading share in fast growing AI compute/networking markets, offset by lumpiness in global AI projects, cyclical gaming market, and concerns around access to power.”
Also, as we reported earlier today, Goldman Sachs is a big fan of the stock.
The firm has a buy rating with a $250 price target on the tech giant. It also expects Nvidia to post another beat and raise quarter when it posts earnings on February 25. They also expect NVDA to deliver a $2 billion revenue surprise and for it to outperform bottom-line numbers.
“We expect Nvidia to deliver a ~$2bn revenue beat in 4Q, and we stand 8% above the Street for 1Q revenue,” wrote the analysts in a research note shared with TheStreet. “Our 4Q and 1Q EPS estimates are 5% and 9% above the Street.”
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