Keurig Dr Pepper Inc. (KDP) Stock Price, News, Analysis

NewEarnings release, scored · filed Nov 3, 2026tone +8.8 vs prior release · 97 lines scoredSee the breakdown

Technical Score (1D)

BULLISH

News Sentiment

BULLISH

On Nov 6, analysts raised Keurig Dr Pepper’s price targets to the US$38‑US$41 range, reflecting confidence that the company can navigate challenges in the coffee segment and benefit from projected beverage growth. The upward revision was linked to expectations that the planned split into Global Coffee Co and Beverage Co, scheduled for early 2027, will unlock value for shareholders. The consensus view suggested a modest fair‑value lift for the stock, indicating a positive outlook without a material upside catalyst.

KDP|Analyst Targets

LOW TARGET

$29 -20.7%

2 analysts

MEAN TARGET

$37 +1.0%

15 analysts

HIGH TARGET

$42 +14.8%

9 analysts

PRICE RANGE

$29.00 - $42.00

SB / B / H / S / SS

5/11/8/1/1

DAILYIQ EST.

$37.94 (+3.7%)

KDP|Company Info

Sector

Consumer Defensive

Industry

Beverages - Non-Alcoholic

Exchange

NMS

Country

United States

Website

keurigdrpepper.com

Symbol

KDP

Description

Keurig Dr Pepper Inc. (KDP) is a leading beverage and single-serve brewing company with a diverse portfolio of well-known brands sold in the U.S. and abroad. The company's operations are segmented into U.S. Refreshment Beverages, U.S. Coffee, and International divisions, encompassing a wide range of products. KDP's core business revolves around the manufacturing and distribution of branded beverages, concentrates, and brewing systems, including K-Cup pods and single-serve brewers. Its extensive brand portfolio includes popular names like Dr Pepper, 7UP, Green Mountain Coffee Roasters, and many more, reaching consumers through various retail channels, including supermarkets, online platforms, and direct-to-consumer sales via its website. Founded in 1981 and headquartered in Massachusetts, KDP strategically positions itself to meet evolving consumer preferences in the beverage market.

KDP|Insider Trading

Bought (1Y)

7,862 shares

$250K

Sold (1Y)

94,470 shares

$2.9M

DRISCOLL BRIAN J-

Award/Grant2,752 shares2026-09-16

Alt Aaron E-

Award/Grant2,752 shares2026-09-16

Sandler Debra A.-

Option Exercise2,285 shares2026-09-14

Sandler Debra A.-

Option Exercise2,285 shares2026-09-14

Shoemaker AnthonyChief Legal Officer

Option Exercise785 shares2026-09-14

KDP|Fundamentals

Bullish

Overall: Bullish

✓Revenue growing year over year

✓Positive net margin

✓Positive operating cash flow

Gross Margin

54.2%

Net Margin

12.5%

Revenue CAGR

6.5%

Current Ratio

0.64x

Debt / Equity

0.55x

Return on Equity

8.1%

KDP|Earnings Snapshot

Earnings Summary

In the most recent quarters, KDP’s earnings have shown a steady upward trajectory: Q1 2026 EPS of $0.39 beat the $0.3759 estimate, while Q2 2026 EPS of $0.57 surpassed the $0.53681 estimate; revenue in Q2 2026 ($7.309B) was slightly below the $7.311B estimate but still reflected a robust 75.6% year‑on‑year increase. Compared to the prior two quarters, Q3 2026 EPS of $0.66 exceeded the $0.625 estimate, and revenue of $7.344B beat the $7.33B forecast, underscoring a consistent pattern of EPS beats across the last four quarters. Historically, KDP has maintained double‑digit revenue growth year over year, with recent quarters showing a mix of EPS beats and modest misses, yet revenue consistently outpaces analyst expectations, indicating resilient top‑line performance. Recent news highlights the launch of the Keurig Alta System on Oct 31, featuring sustainable, plant‑based pods that could enhance coffee profitability and reinforce KDP’s sustainability narrative; this development aligns with the company’s strategy to counter rising input costs and thin margins in the U.S. coffee market.

Read full report

EPS

EstBeatMiss

Qtr	Est	Actual	+/−
Q4'26	$0.71	-	-
Q3'26	$0.63	$0.66	+5.6%
Q2'26	$0.54	$0.57	+6.2%
Q1'26	$0.38	$0.39	+3.8%
Q4'25	$0.43	$0.60	+40.9%
Q3'25	$0.54	$0.54	+0.4%

Revenue

EstBeatMiss

Qtr	Est	Actual	+/−
Q4'26	$7.8B	-	-
Q3'26	$7.4B	$7.3B	-0.8%
Q2'26	$7.3B	$7.3B	-0.0%
Q1'26	$3.9B	$4.0B	+2.5%
Q4'25	$3.8B	$4.5B	+17.5%
Q3'25	-	$4.3B	-

Full Earnings BreakdownEstimates, actuals, guidance, and historical context

→

KDP|Monthly Returns

Market Data

KDP Stock Snapshot

NEUTRAL61/100

$36.59−$0.30 (0.8%)

Market cap: 50.25B
P/E ratio: 30.5
Day range: $35.62 – $37.09
News sentiment: 67/100 · Bullish
Analyst target: $36.97 (+1.0%)
Consensus: Buy · 26 analysts

52-week range+47.1% off low · -3.4% from high

$24.87$37.89

Price $36.59 DailyIQ Est. $37.94

Keurig Dr Pepper Inc. is consolidating: price is near its 52-week high without a decisive push either way. The stock is liquid enough that positioning changes get absorbed without distorting the trend.

Reverse DCF

What growth is priced into KDP?

FAIR

At today's price, Keurig Dr Pepper Inc. needs to grow free cash flow about 7.8% a year for 3 years, slowing to a long-run rate by year 10, to justify its valuation at a 6.04% cost of capital. Over the last five years its revenue has trended at 6.5% a year, so the market is asking for 1.3 percentage points above its own delivered rate. On that basis KDP looks priced roughly in line with its own growth record.

Implied FCF growth: 7.8%
Growth trend: 6.5%
Growth gap: +1.3 pts
Verdict: FAIR
Discount rate (WACC): 6.04%
Beta: 0.49

Sector Rotation

Is money rotating into or out of KDP's sector?

Keurig Dr Pepper Inc. sits in the Consumer Staples sector, currently ranked 2nd of 12 GICS sectors by relative-strength rotation score (leading).

Sector rank: #2 of 12
Sector state: Leading
Sector rotation score: 73

Options Market

What is the options market pricing for KDP?

CallsPuts

For Keurig Dr Pepper Inc.'s nearest expiry (2026-11-20, 14 days out), open interest is call-heavy, a bullish tilt (put/call ratio of 0.08).

Put/call ratio (2026-11-20): 0.08
Total open interest: 24,908

Analyst Consensus Estimates

What do analysts expect KDP to earn?

Analysts expect Keurig Dr Pepper Inc. to earn $2.29 per share in the fiscal year ending Dec 2026 and $2.76 in the fiscal year ending Dec 2028, from 4 estimates. These are analyst forecasts, not company guidance, and later years rest on fewer analysts.

Quarter ending	EPS estimate	EPS range	EPS analysts	Revenue estimate	Revenue analysts
Sep 2026	$0.62	$0.61 to $0.64	15	$7.33B	13
Dec 2026	$0.70	$0.67 to $0.72	15	$7.71B	12
Mar 2027	$0.45	$0.34 to $0.49	5	-	-
Jun 2027	$0.66	$0.62 to $0.69	5	~$7.84B	-
Sep 2027	$0.70	$0.64 to $0.81	5	~$8.32B	-

Fiscal year ending	EPS estimate	EPS range	EPS analysts	Revenue estimate	Revenue analysts
Dec 2026	$2.29	$2.25 to $2.34	19	$26.31B	17
Dec 2027	$2.53	$2.42 to $2.58	19	$29.94B	17
Dec 2028	$2.76	$2.73 to $2.77	4	~$32.79B	-

Revenue marked ~ is our calculation from the EPS estimate, not analyst consensus.

Analyst Rating Changes

Are analysts turning bullish or bearish on KDP?

UBS most recently reiterated its rating on Keurig Dr Pepper Inc. to Buy on Nov 4, 2026 with a price target of $42 (from $39). Over the last 90 days, coverage has run 1 upgrade against 0 downgrades, a net bullish lean.

Latest action: UBS: Buy
90-day upgrades: 1
90-day downgrades: 0
Net rating momentum: +1

Date	Firm	Action	Rating	Price target
Nov 4, 2026	UBS	Maintained	Buy	$39 → $42
Nov 4, 2026	Citigroup	Maintained	Buy	$37 → $40
Nov 4, 2026	JP Morgan	Maintained	Overweight	$39 → $41
Nov 4, 2026	TD Cowen	Maintained	Hold	$33 → $35
Nov 4, 2026	Morgan Stanley	Maintained	Overweight	$38 → $40
Nov 4, 2026	Wells Fargo	Maintained	Overweight	$37 → $40
Nov 4, 2026	Evercore ISI Group	Maintained	In-Line	$34 → $36
Oct 22, 2026	JP Morgan	Maintained	Overweight	$38 → $39
Sep 15, 2026	Argus Research	Reiterated	Buy	$36
Aug 13, 2026	HSBC	Upgrade	Hold → Buy	$40
Aug 10, 2026	Barclays	Maintained	Overweight	$36 → $38
Aug 7, 2026	UBS	Maintained	Buy	$38 → $39

Earnings Release, Scored

What did Keurig Dr Pepper Inc.'s latest earnings release say?

Filed Nov 3, 2026 · SEC Form 8-K, Exhibit 99

Tone68.8/ 100+8.8 vs prior release

Hedging words0.93per 100 words+0.68 vs prior release

Tone, last 3 releases

Scale 42–74

Most important lines

1
Delivered Q3 Diluted EPS Increase of More Than 20%
New this quarter
2
Our more than 50,000 employees aim to enhance the experience of every beverage and coffee occasion while making a positive impact for people, communities and the planet.
New this quarter
3
This guidance now includes approximately $8.3-$8.4 billion in net sales and a 7 to 8 percentage point EPS growth contribution from the JDE Peet’s acquisition, as well as 3-5% constant currency EPS growth for KDP's legacy business, due to revised expectations for U.S. Coffee.
New this quarter

Peers & ETF holders

KDP peers & ETF holders

Beverages - Non-AlcoholicMarket cap · today

KDPYou're here$50.2B-0.81%
KOThe Coca-Cola Company$412.1B+0.05%
PEPPepsiCo, Inc.$194.3B-1.49%
MNSTMonster Beverage Corporation$95.5B+1.44%
CCEPCoca-Cola Europacific Partners plc$51.3B-1.97%

Top ETF holdersWeight

News & sentiment

What is the news saying about KDP?

KDP rose 18.7% over the month to Nov 6. News tone held between 0 and 76 from Oct 7 to Oct 16, then jumped to 62 on Oct 19.

Daily close and news tone, Oct 6 to Nov 6

Nov 2 +3.7%same day: Keurig Dr Pepper (KDP) to report earnings tomorrow: here is what to expect
Nov 3 -6.6%same day: Here's What Key Metrics Tell Us About Keurig Dr Pepper (KDP) Q3 Earnings
Nov 4 +5.9%same day: Keurig Dr Pepper: 3 Key Takeaways for Long-Term Investors

How strong is KDP's momentum right now?

On the daily chart KDP ranks at the 61st percentile for momentum against 1,060 stocks and ETFs, a neutral reading.

Momentum rank by timeframe0 = weakest, 100 = strongest

See what drives the rankThe inputs behind each timeframe's momentum rank, plus RSI, stochastics, Bollinger Bands and moving averages. Free with an account.

Institutional ownership

Are big funds buying or selling KDP?

107 of the 200 tracked managers added to KDP in their latest 13F and 86 trimmed. Together they own 94.8% of the company, worth $42.6B. Fidelity and BlackRock alone hold 22.9%.

107adding86trimming7unchanged

Largest holders by stake, latest 13FBar = share of KDP

1FMR LLC (Fidelity)12.51%
$5.6B positionAdded 18.4% last quarter
2BlackRock, Inc.10.41%
$4.7B positionAdded 14.4% last quarter
3Capital World Investors8.61%
$3.9B positionAdded 19.9% last quarter
4Harris Associates L P6.74%
$3.0B positionTrimmed 0.2% last quarter
5Vanguard Capital Management LLC6.28%
$2.8B positionAdded 0.7% last quarter
6State Street Corp4.65%
$2.1B positionTrimmed 1.5% last quarter
7Vanguard Portfolio Management LLC4.56%
$2.1B positionAdded 1.2% last quarter
8Wellington Management Group LLP4.06%
$1.8B positionTrimmed 9.4% last quarter
9Invesco Ltd.3.31%
$1.5B positionAdded 59.8% last quarter
10Geode Capital Management, LLC2.80%
$1.3B positionAdded 17.0% last quarter

Full holdings history

Congressional trading

Is Congress trading KDP?

6 members of Congress disclosed 10 KDP trades between Mar 22, 2019 and Mar 27, 2026: 6 buys and 4 sells, about $171.5K in estimated value.

BuysSells2020202220242026

BuySell$1K–$15K$15K–$50K$50K–$100K$100K–$250K

What stands out

Click one to highlight its trades in the chart

Full trading history

Discover more

How has KDP done against its peers?

Over the six months to Nov 6, KDP returned +29.2%. Of the 15 related stocks and ETFs, none did better.

Change since May 6, through Nov 6

KDP·Keurig Dr Pepper Inc.

EPS