Coca-Cola Europacific's Buyback, Guidance Likely to Drive Forecast Upgrades -- Market Talk

Dow Jones02-17

0911 GMT - Analysts' estimates on Coca-Cola Europacific will likely gradually rise following the bottling company's guidance and announcement of a 1 billion euros share buyback, ING analyst Reg Watson says in a note. Although the company flagged a challenging consumer backdrop and a minor revenue hit in 2026 from exiting its Suntory distribution deal in Australia and New Zealand, the buyback provides a significant tailwind for the stock's valuation, Watson says. The company guides for revenue growth of 3% to 4% and operating profit growth of around 7% for 2026. "We see no need to adjust our forecasts at this stage and expect consensus expectations to rise over time," Watson says. Shares are up 0.1% at 7,440 pence and are up 8.6% in the year to date. (anthony.orunagoriainoff@dowjones.com)

 

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February 17, 2026 04:12 ET (09:12 GMT)

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