Keurig Dr Pepper Inc. (KDP)

Keurig Dr Pepper Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Keurig Dr Pepper stock have an average target of 38.36, with a low estimate of 34 and a high estimate of 42. The average target predicts an increase of 17.38% from the current stock price of 32.68.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$34	$38.36	$40	$42
Change	+4.04%	+17.38%	+22.40%	+28.52%

Analyst Ratings

The average analyst rating for KDP stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	2	3	3	3	3	3
Buy	4	5	6	6	6	5
Hold	4	6	6	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	14	15	15	15	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lauren Lieberman Barclays	Barclays	Buy Maintains $41 → $39	Buy	Maintains	$41 → $39	+19.34%	Oct 28, 2024
Filippo Falorni Citigroup	Citigroup	Strong Buy Maintains $43 → $40	Strong Buy	Maintains	$43 → $40	+22.40%	Oct 25, 2024
Nik Modi RBC Capital	RBC Capital	Buy Maintains $41 → $42	Buy	Maintains	$41 → $42	+28.52%	Oct 25, 2024
Kaumil Gajrawala Jefferies	Jefferies	Strong Buy Maintains $42 → $41	Strong Buy	Maintains	$42 → $41	+25.46%	Oct 25, 2024
Andrea Teixeira JP Morgan	JP Morgan	Buy Maintains $41 → $40	Buy	Maintains	$41 → $40	+22.40%	Oct 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

15.46B

Increased by 4.35%

from 14.81B

Revenue Next Year

16.33B

Increased by 5.64%

from 15.46B

EPS This Year

1.94

Increased by 24.88%

from 1.55

EPS Next Year

2.07

Increased by 6.80%

from 1.94

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	11.12B	11.62B	12.68B	14.06B	14.81B	15.46B	16.33B	16.97B
Revenue Growth	49.42%	4.48%	9.17%	10.83%	5.39%	4.35%	5.64%	3.89%
EPS	0.88	0.93	1.50	1.01	1.55	1.94	2.07	2.21
EPS Growth	66.04%	5.68%	61.29%	-32.67%	53.47%	24.88%	6.80%	7.05%
Forward PE	-	-	-	-	-	16.88	15.81	14.77
No. Analysts	-	-	-	-	-	20	20	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	16.1B	17.3B	17.9B
Avg	15.5B	16.3B	17.0B
Low	14.9B	15.3B	16.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	8.9%	12.0%	9.5%
Avg	4.4%	5.6%	3.9%
Low	0.4%	-1.3%	-0.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.02	2.19	2.35
Avg	1.94	2.07	2.21
Low	1.87	1.96	2.07

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	30.3%	13.4%	13.5%
Avg	24.9%	6.8%	7.0%
Low	20.6%	1.3%	0.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.