Keurig Dr Pepper (NASDAQ:KDP) Raised to Neutral at BNP Paribas Exane

Keurig Dr Pepper (NASDAQ:KDP) was upgraded by research analysts at BNP Paribas Exane from an “underperform” rating to a “neutral” rating in a report issued on Wednesday, Marketbeat reports. The firm presently has a $28.00 target price on the stock. BNP Paribas Exane’s price target suggests a potential downside of 1.86% from the stock’s current price.

Several other equities analysts have also recently commented on KDP. Evercore raised Keurig Dr Pepper to a “hold” rating in a report on Monday, April 6th. UBS Group decreased their price objective on Keurig Dr Pepper from $36.00 to $32.00 and set a “buy” rating on the stock in a report on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft cut their target price on Keurig Dr Pepper from $34.00 to $28.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Wells Fargo & Company lowered their price target on shares of Keurig Dr Pepper from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. Finally, Barclays dropped their price objective on shares of Keurig Dr Pepper from $32.00 to $28.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Keurig Dr Pepper currently has a consensus rating of “Moderate Buy” and an average target price of $31.31.

Keurig Dr Pepper Stock Performance

NASDAQ KDP opened at $28.53 on Wednesday. The company’s fifty day moving average is $27.52 and its two-hundred day moving average is $27.61. Keurig Dr Pepper has a 52-week low of $24.88 and a 52-week high of $35.94. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.64 and a quick ratio of 0.43. The firm has a market capitalization of $38.76 billion, a price-to-earnings ratio of 18.65, a P/E/G ratio of 1.34 and a beta of 0.35.

Keurig Dr Pepper (NASDAQ:KDP) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. Keurig Dr Pepper had a net margin of 12.52% and a return on equity of 11.14%. The business had revenue of $3.98 billion during the quarter, compared to analyst estimates of $7.23 billion. During the same quarter in the prior year, the business earned $0.42 earnings per share. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. Equities research analysts forecast that Keurig Dr Pepper will post 2.27 EPS for the current year.

Institutional Trading of Keurig Dr Pepper

Large investors have recently bought and sold shares of the stock. AustralianSuper Pty Ltd acquired a new position in Keurig Dr Pepper in the third quarter valued at about $1,217,000. Bank of New York Mellon Corp increased its holdings in shares of Keurig Dr Pepper by 2.9% during the third quarter. Bank of New York Mellon Corp now owns 7,927,144 shares of the company’s stock worth $202,221,000 after buying an additional 223,160 shares in the last quarter. Candriam S.C.A. increased its holdings in shares of Keurig Dr Pepper by 50.9% during the third quarter. Candriam S.C.A. now owns 377,667 shares of the company’s stock worth $9,634,000 after buying an additional 127,389 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Keurig Dr Pepper by 69.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 105,015 shares of the company’s stock valued at $2,660,000 after acquiring an additional 43,223 shares during the last quarter. Finally, Elo Mutual Pension Insurance Co raised its stake in shares of Keurig Dr Pepper by 83.7% in the third quarter. Elo Mutual Pension Insurance Co now owns 204,935 shares of the company’s stock valued at $5,228,000 after acquiring an additional 93,374 shares during the last quarter. 93.99% of the stock is currently owned by institutional investors.

Key Stories Impacting Keurig Dr Pepper

Here are the key news stories impacting Keurig Dr Pepper this week:

• Positive Sentiment: KDP beat Q1 estimates on both EPS and revenue, with EPS of $0.39 topping consensus and sales lifted by strong cold/beverage demand — a core reason investors pushed the stock higher. Reuters: Keurig Dr Pepper beats estimates
• Positive Sentiment: U.S. Refreshment Beverages grew ~11.9% year‑over‑year, driving top‑line momentum and offsetting coffee segment weakness. Zacks: Q1 Earnings & Sales Top
• Positive Sentiment: KDP reaffirmed its 2026 adjusted EPS and constant‑currency net sales outlook and provided revenue guidance roughly in the $25.9–$26.4B range, removing some near‑term uncertainty. PR Newswire: Q1 Results & Reaffirms Guidance
• Positive Sentiment: KDP completed the acquisition of JDE Peet’s on April 1, expanding its coffee scale and international footprint — a strategic catalyst flagged by investors and analysts. Seeking Alpha: Beverage Portfolio & JDE Peet’s
• Neutral Sentiment: Analyst commentary includes bullish DCF/upgrade views (SA argues ~46% upside) and some Wall Street revisions ahead of/after the print; these help sentiment but vary by firm. Seeking Alpha: Rating Upgrade
• Neutral Sentiment: Unusual options activity showed elevated call buying ahead of the print — a short‑term technical signal of bullish positioning but not a fundamentals shift. Benzinga: Options Activity / Analyst Notes
• Negative Sentiment: Coffee sales remained weak year‑over‑year and overall profit was pressured by higher costs — factors that cap margin upside near term. WSJ: Sales Rise, Profit Pressure
• Negative Sentiment: Analysts and media flagged leverage/debt concerns following the JDE Peet’s deal — elevated leverage is a watch item that could limit multiple expansion. Investing.com: Leverage Concerns

Keurig Dr Pepper Company Profile

Keurig Dr Pepper (NASDAQ: KDP) is a North American beverage company formed in July 2018 through the combination of Keurig Green Mountain and Dr Pepper Snapple Group. The company designs, manufactures, markets and distributes a wide range of hot and cold beverages and related equipment, combining Keurig’s single‑serve coffee systems with a large portfolio of carbonated and noncarbonated drink brands. It operates a network of manufacturing, packaging and distribution facilities to supply retail, foodservice and e-commerce channels across its served markets.

The company’s product mix includes single‑serve coffee brewers and coffee pods under the Keurig brand as well as a broad assortment of branded beverages.