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Keurig Dr Pepper (KDP) Stock Forecast & Price Target

Keurig Dr Pepper logo
$32.26 +0.22 (+0.69%)
(As of 02:15 PM 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

Sell
0
Hold
7
Buy
8

Based on 15 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 15 analysts, 7 have given a hold rating, and 8 have given a buy rating for KDP.

Consensus Price Target

$38.36
18.90% Upside
According to the 15 analysts' twelve-month price targets for Keurig Dr Pepper, the average price target is $38.36. The highest price target for KDP is $42.00, while the lowest price target for KDP is $34.00. The average price target represents a forecasted upside of 18.90% from the current price of $32.26.
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KDP Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
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)
8 Buy rating(s)
7 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$38.36$38.21$36.50$37.20
Forecasted Upside18.90% Upside3.51% Upside2.16% Upside14.78% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

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.
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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.
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Keurig Dr Pepper Stock vs. The Competition

TypeKeurig Dr PepperConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.53
2.47
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside18.90% Upside38.50% Upside8.50% Upside
News Sentiment Rating
Positive News

See Recent KDP News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/28/2024Barclays
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$41.00 ➝ $39.00+12.81%
10/25/2024Citigroup
3 of 5 stars
F. Falorni
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Lower TargetBuy ➝ Buy$43.00 ➝ $40.00+15.44%
10/25/2024Jefferies Financial Group
2 of 5 stars
 Lower TargetBuy ➝ Buy$42.00 ➝ $41.00+17.41%
10/25/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$41.00 ➝ $42.00+20.27%
10/25/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$41.00 ➝ $40.00+14.38%
10/25/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$43.00 ➝ $42.00+20.21%
9/26/2024TD Cowen
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 Boost TargetHold ➝ Hold$35.00 ➝ $40.00+6.84%
9/23/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetHold ➝ Hold$36.00 ➝ $37.00-1.49%
9/5/2024Evercore ISI
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R. Ottenstein
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UpgradeHold
6/24/2024BNP Paribas
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K. Grundy
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Initiated CoverageNeutral$36.00+4.71%
6/17/2024Truist Financial
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 UpgradeSell ➝ Hold$27.00 ➝ $34.00-0.12%
6/10/2024UBS Group
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 Boost TargetBuy ➝ Buy$39.00 ➝ $40.00+17.37%
2/26/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$37.00 ➝ $34.00+15.10%
2/26/2024Wedbush
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 Lower TargetOutperform ➝ Outperform$37.00 ➝ $35.00+17.53%
12/22/2023HSBC
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 Initiated CoverageHold$37.00+13.78%
10/12/2023Sanford C. Bernstein
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 Lower TargetOutperform ➝ Outperform$40.00 ➝ $37.00+26.32%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:37 PM ET.


Should I Buy Keurig Dr Pepper Stock? KDP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 4, 2024. Please send any questions or comments about these Keurig Dr Pepper pros and cons to contact@marketbeat.com.

Keurig Dr Pepper
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Keurig Dr Pepper Inc.:

  • Keurig Dr Pepper's stock price has been steadily increasing, reaching $37.48 on October 7th, 2024, showing positive momentum.
  • The company has a dividend yield of 2.45%, providing investors with a steady income stream.
  • Keurig Dr Pepper has a diverse product portfolio, including beverages and single-serve brewing systems, which can help mitigate risks associated with a single product line.
  • Analysts have given the company a consensus rating of "Moderate Buy" with an average target price of $37.53, indicating positive sentiment from the market.
  • Recent upgrades and target price increases from reputable financial institutions like UBS Group and Royal Bank of Canada suggest growth potential for the company.

Keurig Dr Pepper
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Keurig Dr Pepper Inc. for these reasons:

  • Keurig Dr Pepper's current ratio of 0.51 and quick ratio of 0.34 may indicate potential liquidity challenges for the company.
  • The company's P/E ratio of 24.18 and P/E/G ratio of 2.86 suggest that the stock may be trading at a premium compared to industry peers.
  • While the dividend yield is attractive, the dividend payout ratio of 59.35% raises concerns about the sustainability of future dividend payments.
  • Keurig Dr Pepper's beta of 0.62 indicates lower volatility compared to the market, potentially limiting opportunities for higher returns during market upswings.
  • Despite recent positive ratings, the company's 1-year high of $38.28 may pose resistance levels for further stock price appreciation.

KDP Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Keurig Dr Pepper is $38.36, with a high forecast of $42.00 and a low forecast of $34.00.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Keurig Dr Pepper in the last twelve months. There are currently 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KDP shares.

According to analysts, Keurig Dr Pepper's stock has a predicted upside of 18.90% based on their 12-month stock forecasts.

Over the previous 90 days, Keurig Dr Pepper's stock had 2 upgrades by analysts.

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.


This page (NASDAQ:KDP) was last updated on 11/21/2024 by MarketBeat.com Staff
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