Finance Halo
Company Overview
Coca-Cola Europacific Partners PLC (CCEP) is a global beverage company and one of the world's largest bottlers of Coca-Cola products. It operates primarily in Europe and the Asia-Pacific region, serving over 600 million consumers. CCEP's extensive portfolio includes a wide range of non-alcoholic ready-to-drink beverages, with a strategic focus on growth in emerging markets and a commitment to sustainability.
Price Action Analysis
Daily Chart (3-Month): The daily chart displays a strong upward trend, particularly in the last two months. After a period of consolidation and choppiness in November and December, the price began a significant ascent in early January. Key observations include:
- Uptrend: A clear, accelerating uptrend is evident from mid-January onwards.
- Volume: Volume has generally increased with the upward price movement, indicating strong buying interest, especially during the recent rally. There was a notable volume spike around December 21st.
- Candlestick Patterns: The recent candles show consistent bullish momentum with higher highs and higher lows. There are fewer instances of long upper or lower wicks, suggesting strong conviction in the current direction.
- Support and Resistance: Initial resistance around $92-$93 was broken, and the price has moved to new highs. The previous consolidation zone between $85-$90 now appears to be acting as a support area.
Weekly Chart (2-Year): The weekly chart provides a longer-term perspective, confirming the robust uptrend established over the past two years, with a notable acceleration in the last six months.
- Sustained Uptrend: The price has been making higher highs and higher lows, indicative of a healthy, long-term bull market.
- Consolidation and Breakout: Several periods of consolidation can be observed, followed by breakouts into new price territories. The current move appears to be a significant breakout from the prior trading range.
- Volume: Weekly volume has been substantial, with spikes often preceding significant upward price movements.
- Support Levels: The long-term trendline suggests significant support, with the $70-$75 range acting as a key historical support zone. The $90-$95 area previously served as resistance and now acts as support.
News & Catalysts
News & Catalysts
Recent news and analyst updates for Coca-Cola Europacific Partners PLC (CCEP) indicate a generally positive sentiment and several potential catalysts:
- Strong Analyst Consensus: As of late February 2026, a significant majority of analysts maintain a "Buy" or "Strong Buy" rating for CCEP, with median price targets suggesting a modest upside. For example, one report indicates a median price target of $109.59. (Source: Various financial news outlets, February 2026)
- Positive 2025 Preliminary Results & 2026 Outlook: CCEP reported strong preliminary full-year 2025 results, with revenue growth of 7.1% and comparable diluted EPS of €4.11. The company has reaffirmed its 2026 guidance, projecting continued revenue growth of 3%-4% and operating profit growth of approximately 7%, with an anticipated boost from FIFA World Cup activations. (Source: Company earnings release, February 17, 2026)
- Active Share Buyback Program: CCEP has been actively repurchasing shares under its €1 billion buyback program, with recent purchases noted in mid-to-late February 2026. This signals management's confidence in the company's value and can provide support to the stock price. (Source: Financial news, February 2026)
These factors collectively suggest a favorable outlook, with company performance, strategic initiatives, and positive analyst sentiment acting as key drivers for recent price action and potential continued momentum.
Fondamental analysis
Key Financial Metrics & Ratios
| Metric | Value | YoY Change |
|---|---|---|
| Revenue | €20.90B | +7.1% |
| Adj. Op. Profit | €2.81B | +7.1% |
| EPS (Diluted, Comp.) | €4.11 | +6.2% |
| Free Cash Flow (Comp.) | €1.84B | - |
Analyst Estimates & Guidance
| Metric | Latest Estimate | Guidance (FY26) |
|---|---|---|
| Revenue Growth | N/A | 3%-4% |
| Operating Profit Growth | N/A | ~7% |
Valuation & Ownership
| Metric | Value |
|---|---|
| Market Cap Tier | Large |
| Analyst Rating | Buy/Strong Buy |
| Median Price Target | ~$109.59 |
Key Takeaways:
- CCEP demonstrates consistent revenue and profit growth, with positive forward-looking guidance.
- The company maintains a healthy free cash flow generation.
- Analyst sentiment is overwhelmingly positive, with price targets suggesting further upside potential.
- The active share buyback program indicates management's confidence and commitment to shareholder value.
Market & Sentiment Context
Market Context: The broader beverage industry, particularly in the non-alcoholic and ready-to-drink alcohol segments, has shown resilience and growth. CCEP's strong performance in Europe and the Asia-Pacific region aligns with trends of increasing consumer demand for convenient, quality beverages. Macroeconomic factors such as inflation and consumer spending habits will continue to influence the sector, but CCEP's diversified geographic presence and strong brand portfolio provide a degree of insulation.
Investor Sentiment: The price action, characterized by a strong uptrend on increasing volume, suggests robust investor confidence and accumulation. The consistent higher highs and higher lows on both daily and weekly charts indicate sustained buying interest. The recent price surge, coupled with the active share buyback program, points towards positive sentiment and expectations of continued growth. The minimal downside volatility mentioned in the prompt, if reflected in a high Sortino ratio, would further support the notion of a high-quality upward trend.
Investment Outlook
CCEP presents a compelling investment case driven by a combination of strong operational performance, positive market trends, and favorable investor sentiment. The company's strategic focus on growth markets, its diverse product portfolio, and its commitment to sustainability are solid foundations. The recent acceleration in price action, supported by increasing volume and positive analyst ratings, suggests that the upward momentum is sustainable in the near to medium term. The upcoming FIFA World Cup is expected to provide an additional catalyst for growth.
Key Buy/Sell Levels
The current price for CCEP is $107.75.
Support Levels
-
$104.00 - $105.00: This zone represents a recent consolidation area before the latest upward push. It has not been touched since the current rally began.
- Distance from current price: -$2.75 to -$3.75
- Percentage distance: -2.55% to -3.48%
- Rationale: This area may act as a psychological support level and could coincide with a minor pullback if the market experiences a short-term correction.
-
$95.00 - $97.00: This was a significant resistance level that CCEP broke through decisively in early February. It now represents a more substantial support zone. This level has not been tested since the breakout.
- Distance from current price: -$10.75 to -$12.75
- Percentage distance: -9.98% to -11.83%
- Rationale: This zone aligns with previous price congestion and represents a key psychological and technical support. A pullback to this level would indicate a more significant correction but could offer a strong buying opportunity for longer-term investors.
Resistance Levels
-
$108.50 - $109.50: This is a near-term resistance level, close to the current price, and represents the high of the recent trading range before the current breakout.
- Rationale: A decisive break and hold above this level would confirm continued upward momentum and potentially signal a move towards new all-time highs.
-
$110.00 - $112.00: This represents a potential area of psychological resistance and the upper bound of the projected trend based on current momentum.
- Rationale: Breaking this level would indicate sustained buying pressure and could lead to a significant upward move.
Summary & Takeaways
Coca-Cola Europacific Partners PLC (CCEP) is demonstrating strong upward momentum, underpinned by solid fundamental performance and positive market sentiment. The company's operational efficiency, strategic growth initiatives, and active shareholder return programs are contributing to its attractive risk-adjusted profile.
Key highlights:
- Strong Uptrend: CCEP is in a confirmed uptrend on both daily and weekly charts, with recent price action showing acceleration and increasing volume.
- Positive Fundamentals: Robust revenue and profit growth, coupled with positive forward-looking guidance and a healthy free cash flow, support the bullish outlook.
- Favorable Sentiment: Analyst ratings are predominantly positive, and the company's share buyback program indicates strong management confidence.
- Catalysts: Upcoming events such as the FIFA World Cup are expected to provide additional growth impetus.
Investment Considerations: While the outlook is positive, investors should monitor key support levels around $95.00-$97.00 and $104.00-$105.00 for potential entry points on any pullbacks. Near-term resistance is noted at $108.50-$109.50, with further upside potential towards $110.00-$112.00 if momentum sustains. The high Sortino ratio mentioned in the prompt, if confirmed, would indicate excellent risk-adjusted returns, making CCEP an attractive prospect for investors seeking quality growth.