Last week, you might have seen that Coca-Cola Europacific Partners PLC (AMS:CCEP) released its half-yearly result to the market. The early response was not positive, with shares down 2.9% to €93.90 in the past week. It was a credible result overall, with revenues of €11b and statutory earnings per share of €4.26 both in line with analyst estimates, showing that Coca-Cola Europacific Partners is executing in line with expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Taking into account the latest results, Coca-Cola Europacific Partners' 16 analysts currently expect revenues in 2026 to be €21.6b, approximately in line with the last 12 months. Statutory earnings per share are expected to dip 3.2% to €4.37 in the same period. In the lead-up to this report, the analysts had been modelling revenues of €21.5b and earnings per share (EPS) of €4.35 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
Check out our latest analysis for Coca-Cola Europacific Partners
There were no changes to revenue or earnings estimates or the price target of €95.14, suggesting that the company has met expectations in its recent result. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Coca-Cola Europacific Partners at €112 per share, while the most bearish prices it at €80.48. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that Coca-Cola Europacific Partners' revenue growth is expected to slow, with the forecast 2.0% annualised growth rate until the end of 2026 being well below the historical 9.8% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.3% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Coca-Cola Europacific Partners.
The Bottom Line
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Coca-Cola Europacific Partners' revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Coca-Cola Europacific Partners going out to 2028, and you can see them free on our platform here.
We don't want to rain on the parade too much, but we did also find 1 warning sign for Coca-Cola Europacific Partners that you need to be mindful of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.