Keurig Dr Pepper Inc. (KDP)
NASDAQ: KDP · IEX Real-Time Price · USD
32.98
-0.16 (-0.48%)
At close: Jul 19, 2024, 4:00 PM
33.09
+0.11 (0.33%)
Pre-market: Jul 22, 2024, 4:02 AM EDT
Keurig Dr Pepper Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Keurig Dr Pepper stock have an average target of 36.87, with a low estimate of 33 and a high estimate of 42. The average target predicts an increase of 11.80% from the current stock price of 32.98.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for KDP stock from 15 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 5 | 5 | 4 | 4 | 5 | 6 |
| Hold | 4 | 3 | 4 | 4 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 10 | 10 | 10 | 14 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $38 → $37 | Buy | Maintains | $38 → $37 | +12.19% | Jul 19, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $37 → $36 | Buy | Maintains | $37 → $36 | +9.16% | Jul 10, 2024 |
| Exane BNP Paribas | Exane BNP Paribas | Hold Initiates $36 | Hold | Initiates | $36 | +9.16% | Jun 24, 2024 |
| Truist Securities | Truist Securities | Strong Sell → Hold Upgrades $27 → $34 | Strong Sell → Hold | Upgrades | $27 → $34 | +3.09% | Jun 17, 2024 |
| UBS | UBS | Strong Buy Maintains $39 → $40 | Strong Buy | Maintains | $39 → $40 | +21.29% | Jun 10, 2024 |
Financial Forecast
Revenue This Year
15.59B
from 14.81B
Increased by 5.22%
Revenue Next Year
16.20B
from 15.59B
Increased by 3.93%
EPS This Year
1.94
from 1.55
Increased by 25.35%
EPS Next Year
2.09
from 1.94
Increased by 7.55%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.3B | 17.1B | 17.7B | 18.4B | 19.2B |
| Avg | 15.6B | 16.2B | 16.8B | 17.4B | 18.0B |
| Low | 15.0B | 15.4B | 16.1B | 16.5B | 17.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.3% | 9.5% | 9.2% | 9.5% | 10.5% |
| Avg | 5.2% | 3.9% | 3.8% | 3.4% | 3.4% |
| Low | 1.1% | -1.2% | -0.6% | -1.6% | -2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.06 | 2.25 | 2.37 | 2.43 | 2.59 |
| Avg | 1.94 | 2.09 | 2.23 | 2.29 | 2.43 |
| Low | 1.83 | 1.96 | 2.10 | 2.18 | 2.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.8% | 15.6% | 13.6% | 9.2% | 13.3% |
| Avg | 25.4% | 7.6% | 6.6% | 2.9% | 6.1% |
| Low | 18.2% | 0.9% | 0.4% | -2.3% | 0.1% |
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.