Finance Halo
Company Overview
Coca-Cola Europacific Partners PLC (CCEP) is a leading consumer goods company and the world's largest independent Coca-Cola bottler. It operates primarily in Western Europe, Australia, New Zealand, and the Pacific Islands, distributing a wide range of alcoholic and non-alcoholic beverages. CCEP is known for its extensive portfolio, including Coca-Cola, Sprite, Fanta, and various other brands, and holds a significant market share in its operating regions.
Price Action Analysis
Daily Chart (3-month): The daily chart shows a significant upward trend following a period of consolidation. After trading in a range roughly between $85 and $92 from early January to mid-February, the stock has experienced a strong breakout. Volume has increased substantially during this breakout phase, indicating strong conviction behind the move. The candlestick patterns suggest bullish momentum, with several consecutive days of gains and closing prices near the highs of the trading sessions.
Weekly Chart (2-year): The weekly chart reveals a longer-term bullish trend that has been in place for much of the past two years. The recent price action represents a continuation of this trend, with the stock surging to new highs. The consolidation observed on the daily chart appears as a relatively tight base on the weekly view. The increased volume accompanying the recent upward move is also evident on the weekly scale, suggesting sustained buying interest. Key resistance levels that were previously established appear to have been decisively broken.
News & Catalysts
- "Coca-Cola Europacific Partners PLC (CCEP) Shares Surge on Strong Earnings Beat" (Source: Financial Times, February 15, 2026) - This report highlights CCEP's recent earnings performance, which significantly exceeded analyst expectations. The positive earnings surprise likely contributed to increased investor confidence and the subsequent surge in stock price and volume.
- "Analysts Upgrade CCEP Following Robust Q4 Performance" (Source: Reuters, February 16, 2026) - Following the earnings release, several key financial analysts revised their ratings and price targets for CCEP upwards. This positive analyst sentiment often acts as a catalyst, attracting more institutional and retail investment and supporting further price appreciation.
- "CCEP Strengthens European Operations with New Distribution Hub" (Source: Bloomberg, February 17, 2026) - News of strategic expansion and investment in operational infrastructure in Europe indicates a forward-looking approach by CCEP management. Such developments signal growth potential and operational efficiency improvements, which can positively influence investor perception and stock performance.
Fondamental analysis
Key Financial Metrics
| Metric | Value | YoY Change |
|---|---|---|
| Revenue | $18.2B | +8.5% |
| Gross Profit Margin | 58.2% | +1.2% |
| Operating Income | $2.5B | +12.1% |
| Net Income | $1.7B | +15.5% |
| EPS (Diluted) | $3.15 | +16.0% |
| P/E Ratio (TTM) | 31.0 | |
| Debt-to-Equity Ratio | 1.2 | |
| Return on Equity (TTM) | 18.5% | +2.0% |
Earnings & Estimates
| Metric | Latest Quarter | Consensus Estimate | Analyst Revision (3m) |
|---|---|---|---|
| Earnings Per Share | $0.75 | $0.70 | +5.1% |
| Revenue | $4.8B | $4.6B | +4.3% |
Analyst Price Targets
| Statistic | Value |
|---|---|
| 12-Month High | $115.00 |
| 12-Month Average | $108.50 |
| 12-Month Low | $102.00 |
| Current Price | $104.50 |
| Number of Analysts | 22 |
Key Takeaways:
- CCEP demonstrates strong and growing profitability, with notable increases in revenue, net income, and EPS.
- Margins are healthy and expanding, indicating efficient operations and pricing power.
- The company has recently beaten earnings and revenue estimates, suggesting positive momentum.
- Analyst sentiment is broadly positive, with price targets indicating potential upside from the current levels.
- Valuation (P/E ratio) appears to be on the higher side, reflecting market confidence in its growth prospects.
Market & Sentiment Context
Market Context: The broader consumer staples sector, while generally defensive, is currently experiencing some rotation as investors seek growth. CCEP, with its strong brand portfolio and European market focus, may be benefiting from a perceived stability coupled with growth catalysts from its strategic initiatives and positive earnings. Macroeconomic factors such as inflation and consumer spending patterns in its key markets will continue to influence performance.
Investor Sentiment: The recent price action on CCEP, characterized by a decisive breakout from consolidation on increasing volume, strongly suggests accumulation. This indicates that institutional and informed retail investors are likely building positions. The tight trading range prior to the breakout suggests a period of absorbed supply, making the subsequent upward move more robust. The current momentum points towards strong positive sentiment.
Investment Outlook
The breakout setup in CCEP presents a compelling investment opportunity. The combination of strong earnings, positive analyst revisions, strategic expansion, and a clear technical breakout on high volume suggests that the stock is poised for further upside. The company's dominant position in its markets and its ability to pass on costs should allow it to navigate potential economic headwinds.
Key Buy/Sell Levels
The current price of CCEP is $104.47.
Support Levels:
- $95.00 (Orange Line): This level represents a key prior resistance zone that has now been broken and is likely to act as support. It is currently $9.47 (8.09%) below the current price and has not been touched since breaking out. This area also corresponds to a volume cluster observed on the daily chart.
Resistance/Target Levels:
- $102.00 (Red Line): This was a significant resistance level prior to the breakout. While it has been breached, it may act as a minor support level on any pullback. It is currently $2.47 (2.31%) below the current price.
- $108.50 (Green Line): This level represents the average analyst price target and a significant psychological level. It is currently $4.03 (3.70%) above the current price. This zone could offer resistance, but a sustained move above it would likely signal further upside.
- $115.00 (Blue Line): This represents the high-end analyst price target and a potential longer-term upside target. It is currently $10.53 (9.06%) above the current price.
Summary & Takeaways
Coca-Cola Europacific Partners PLC (CCEP) is exhibiting a strong breakout from a multi-month consolidation pattern, supported by increasing volume and positive fundamental news. The company's robust financial performance, favorable analyst sentiment, and strategic initiatives provide a solid foundation for continued growth. Key technical levels indicate potential for further upside, with the breakout above previous resistance suggesting a continuation of the upward trend. Investors should monitor the $108.50 level as a near-term target and confirmation point, while $95.00 serves as a critical support area.