Keurig Dr Pepper Inc. (KDP)

Keurig Dr Pepper Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Keurig Dr Pepper stock have an average target of 37.1, with a low estimate of 33 and a high estimate of 42. The average target predicts an increase of 9.63% from the current stock price of 33.84.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$33	$37.1	$37	$42
Change	-2.48%	+9.63%	+9.34%	+24.11%

Analyst Ratings

The average analyst rating for KDP stock from 10 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	2	2	2	2	2	2
Buy	7	7	5	5	5	5
Hold	2	3	4	4	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	12	11	11	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lauren Lieberman Barclays	Barclays	Buy Maintains $32 → $36	Buy	Maintains	$32 → $36	+6.38%	Apr 12, 2024
Kaumil Gajrawala Jefferies	Jefferies	Strong Buy Maintains $37 → $35	Strong Buy	Maintains	$37 → $35	+3.43%	Mar 27, 2024
Lauren Lieberman Barclays	Barclays	Buy Maintains $34 → $32	Buy	Maintains	$34 → $32	-5.44%	Mar 12, 2024
Dara Mohsenian Morgan Stanley	Morgan Stanley	Hold Maintains $37 → $34	Hold	Maintains	$37 → $34	+0.47%	Feb 26, 2024
Gerald Pascarelli Wedbush	Wedbush	Buy Maintains $37 → $35	Buy	Maintains	$37 → $35	+3.43%	Feb 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

15.52B

Increased by 4.78%

from 14.81B

Revenue Next Year

16.10B

Increased by 3.75%

from 15.52B

EPS This Year

1.93

Increased by 24.46%

from 1.55

EPS Next Year

2.07

Increased by 7.18%

from 1.93

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	11.12B	11.62B	12.68B	14.06B	14.81B	15.52B	16.10B	16.66B	17.54B	17.98B
Revenue Growth	49.42%	4.48%	9.17%	10.83%	5.39%	4.78%	3.75%	3.47%	5.25%	2.51%
EPS	0.88	0.93	1.50	1.01	1.55	1.93	2.07	2.20	2.33	2.53
EPS Growth	66.04%	5.68%	61.29%	-32.67%	53.47%	24.46%	7.18%	6.63%	5.76%	8.28%
No. Analysts	-	-	-	-	-	21	20	12	4	2

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	16.3B	16.9B	17.6B	18.8B	18.7B
Avg	15.5B	16.1B	16.7B	17.5B	18.0B
Low	14.9B	15.3B	15.7B	16.6B	17.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	9.8%	9.0%	9.5%	13.0%	6.6%
Avg	4.8%	3.7%	3.5%	5.2%	2.5%
Low	0.2%	-1.7%	-2.6%	-0.1%	-0.5%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.04	2.21	2.36	2.47	2.63
Avg	1.93	2.07	2.20	2.33	2.53
Low	1.83	1.97	2.07	2.21	2.45

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	31.4%	14.4%	14.4%	11.9%	12.6%
Avg	24.5%	7.2%	6.6%	5.8%	8.3%
Low	18.2%	2.1%	0.0%	0.0%	5.1%

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.