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Coca-Cola Europacific Partners PLC

Coca-Cola Europacific Partners PLC

CCEP
$105.18USD↓-0.82%-0.87 today

MARKET CAP

46.6B

P/E (TTM)

45.7x

FWD P/E

45.7x

DAY RANGE

$104 – $107

52W RANGE

$85
$111

AI Summary

Stalk
StalkMedium

CCEP remains in a long-term uptrend and a Stage 2 advancing regime, but the recent support failure below the 9/21 EMA on high volume signals a corrective pullback. Short-term timing is unfavorable as price trades between the EMAs and the RSI shows sideways momentum. Medium-term structure is still bullish, so defer entries until price shows stable acceptance at the prior support zone or holds above the rising 21 EMA.

  • ↑Q1 2026 revenue €3.1 bn (+9.8% YoY) driven by pricing and brand mix
  • ↑Volume growth +1.4% in Europe and +20% in energy drinks
  • ↓Analysts’ downward earnings revisions raise concerns on momentum
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The case for & against

Bull & Bear analysis

Bullish

Coca-Cola Europacific Partners PLC (CCEP) is a leading bottler for The Coca-Cola Company across Europe and the Pacific. The firm specializes in manufacturing and distributing a vast portfolio of non-alcoholic beverages, including sparkling soft drinks, premium mixers, and energy drinks. As an established player in the beverage sector, CCEP actively focuses on innovation, operational efficiency, and strategic partnerships, aiming to navigate market complexities while capitalizing on growth opportunities, particularly in health-conscious product segments amid rising consumer demand for low-sugar alternatives.

Bull says

  • ↑Q1 2026 revenue €3.1 bn (+9.8% YoY) driven by pricing and brand mix
  • ↑Volume growth +1.4% in Europe and +20% in energy drinks
  • ↑€1 bn share buyback and ongoing dividends underscore financial strength
  • ↑Deployment of ~40 000 new coolers improves visibility and sales
  • ↑Free cash flow >€1.7 bn with operating profit guidance +7%
  • ↑High earnings yield with strong profitability and leverage management

Bear says

  • ↓Analysts’ downward earnings revisions raise concerns on momentum
  • ↓Sugar taxes in Germany and France pressure sales volume
  • ↓Intense pricing competition in energy and NARTD threatens margins
  • ↓High short interest and poor liquidity reflect negative sentiment
  • ↓Complex supply-chain costs and rising commodities hamper growth
  • ↓Negative book-to-price valuation and macro uncertainty heighten risk

Earnings Call · Q1 2025 · Mgmt. Guidance

Updated 05-22-2026bullish

Transcript signals

Bull points

  • we gave guidance, which is one of the reasons why we are reaffirming guidance today, clearly it's volatile, so we monitor the situation very carefully in all of the markets including looking at pricing and making sure that we have the right price points, the right affordable offerings for our consumers and our customers.
  • We're seeing that early days, but that's paying out. And if you look at, you know, while there is a difference, obviously, Easter is bigger in some of the markets like Germany, so it's a bigger holiday event. It's a bigger consumer event.
  • as we look to our full-year guidance in the 4%, that is based on volume growth, particularly in Europe going forward.

Bear points

  • overall, when you just look at the relevant share of our business there, the macroeconomic environment is positive, the consumer demographics are positive, so a lot more on the upside.
  • So we'll probably see the revenue per case a little bit lower in the second half than the first half.
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