Keurig Dr Pepper (KDP) Stock Forecast & Price Target

$33.74

+0.53 (+1.60%)

(As of 07/26/2024 ET)

Keurig Dr Pepper - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 14 Analyst Ratings

Based on 14 Wall Street analysts who have issued ratings for Keurig Dr Pepper in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 6 have given a hold rating, and 8 have given a buy rating for KDP.

Consensus Price Target

$36.50
8.18% Upside

High Forecast	$41.00
Average Forecast	$36.50
Low Forecast	$33.00

According to the 14 analysts' twelve-month price targets for Keurig Dr Pepper, the average price target is $36.50. The highest price target for KDP is $41.00, while the lowest price target for KDP is $33.00. The average price target represents a forecasted upside of 8.18% from the current price of $33.74.

Type	Current Forecast 7/29/23 to 7/28/24	1 Month Ago 6/29/23 to 6/28/24	3 Months Ago 4/30/23 to 4/29/24	1 Year Ago 7/29/22 to 7/29/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)	5 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$36.50	$36.57	$36.64	$37.00
Forecasted Upside	8.18% Upside	13.96% Upside	16.67% Upside	4.35% Upside

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KDP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

KDP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Keurig Dr Pepper Stock vs. The Competition

Type	Keurig Dr Pepper	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.57	2.44	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	8.18% Upside	669.33% Upside	9.08% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/26/2024	Royal Bank of Canada 4 of 5 stars		Reiterated Rating	Outperform ➝ Outperform	$41.00 ➝ $41.00	+21.77%
7/19/2024	Barclays 2 of 5 stars		Lower Target	Overweight ➝ Overweight	$38.00 ➝ $37.00	+12.94%
7/10/2024	JPMorgan Chase & Co. 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$37.00 ➝ $36.00	+12.54%
6/24/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Grundy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$36.00	+4.71%
6/17/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Hold	$27.00 ➝ $34.00	-0.12%
6/10/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$39.00 ➝ $40.00	+17.37%
Get the Latest News and Ratings for KDP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Keurig Dr Pepper and its competitors with MarketBeat's FREE daily newsletter.
6/5/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$39.00 ➝ $41.00	+17.75%
4/26/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$32.00 ➝ $35.00	+3.34%
3/27/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$37.00 ➝ $35.00	+13.12%
2/26/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$37.00 ➝ $34.00	+15.10%
2/26/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$37.00 ➝ $35.00	+17.53%
12/22/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$37.00	+13.78%
10/12/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$40.00 ➝ $37.00	+26.32%
10/11/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$37.00 ➝ $33.00	+8.95%
4/28/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$36.00 ➝ $35.00	+4.35%
9/27/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$39.00 ➝ $37.00	-0.75%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 01:32 AM ET.

KDP Forecast - Frequently Asked Questions

What is Keurig Dr Pepper's forecast for 2024?: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Keurig Dr Pepper is $36.50, with a high forecast of $41.00 and a low forecast of $33.00.
Should I buy or sell Keurig Dr Pepper stock right now?: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Keurig Dr Pepper in the last twelve months. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KDP shares.
Does Keurig Dr Pepper's stock price have much upside?: According to analysts, Keurig Dr Pepper's stock has a predicted upside of 13.06% based on their 12-month stock forecasts.
Has Keurig Dr Pepper been upgraded by Wall Street analysts recently?: Over the previous 90 days, Keurig Dr Pepper's stock had 1 upgrade by analysts.
What analysts cover Keurig Dr Pepper?: Keurig Dr Pepper has been rated by research analysts at Barclays, BNP Paribas, JPMorgan Chase & Co., Royal Bank of Canada, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Keurig Dr Pepper more than its competitors?: Analysts like Keurig Dr Pepper more than other "consumer staples" companies. The consensus rating for Keurig Dr Pepper is Moderate Buy while the average consensus rating for "consumer staples" companies is Hold. Learn more on how KDP compares to other companies.