JPMorgan Chase & Co. Boosts Keurig Dr Pepper (NASDAQ:KDP) Price Target to $33.00

Keurig Dr Pepper (NASDAQ:KDP) had its price objective boosted by equities researchers at JPMorgan Chase & Co. from $32.00 to $33.00 in a report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 12.94% from the company’s previous close.

Other equities analysts also recently issued reports about the stock. UBS Group boosted their target price on shares of Keurig Dr Pepper from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Friday. BNP Paribas Exane raised shares of Keurig Dr Pepper from an “underperform” rating to a “neutral” rating and set a $28.00 price objective for the company in a research report on Wednesday. Citigroup lowered their price objective on shares of Keurig Dr Pepper from $37.00 to $32.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Zacks Research raised shares of Keurig Dr Pepper from a “hold” rating to a “strong-buy” rating in a report on Friday, April 17th. Finally, Barclays cut their target price 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 analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, Keurig Dr Pepper has a consensus rating of “Moderate Buy” and a consensus target price of $31.43.

Keurig Dr Pepper Price Performance

Shares of NASDAQ KDP opened at $29.22 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.31 and a quick ratio of 0.43. The business has a 50-day moving average of $27.51 and a 200-day moving average of $27.66. The stock has a market capitalization of $39.70 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 1.44 and a beta of 0.35. Keurig Dr Pepper has a fifty-two week low of $24.88 and a fifty-two week high of $35.94.

Keurig Dr Pepper (NASDAQ:KDP) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.37 by $0.02. The firm had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $7.23 billion. Keurig Dr Pepper had a return on equity of 10.51% and a net margin of 10.81%.The business’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.42 earnings per share. As a group, sell-side analysts predict that Keurig Dr Pepper will post 2.27 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Keurig Dr Pepper

Institutional investors have recently made changes to their positions in the company. AustralianSuper Pty Ltd bought a new position in Keurig Dr Pepper during the third quarter worth about $1,217,000. Bank of New York Mellon Corp raised its stake in Keurig Dr Pepper by 2.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 7,927,144 shares of the company’s stock worth $202,221,000 after purchasing an additional 223,160 shares in the last quarter. Candriam S.C.A. boosted its holdings in Keurig Dr Pepper by 50.9% in the 3rd quarter. Candriam S.C.A. now owns 377,667 shares of the company’s stock valued at $9,634,000 after purchasing an additional 127,389 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Keurig Dr Pepper by 69.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 105,015 shares of the company’s stock worth $2,660,000 after purchasing an additional 43,223 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co grew its position in shares of Keurig Dr Pepper by 83.7% during the 3rd quarter. Elo Mutual Pension Insurance Co now owns 204,935 shares of the company’s stock worth $5,228,000 after purchasing an additional 93,374 shares in the last quarter. Institutional investors own 93.99% of the company’s stock.

Key Stories Impacting Keurig Dr Pepper

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

• Positive Sentiment: Q1 results topped estimates: KDP reported EPS above consensus and ~9–11% organic net sales growth led by U.S. refreshment/cold beverages, which underpins near‑term revenue momentum. PR: Q1 Results
• Positive Sentiment: Acquisition closed: KDP completed the JDE Peet’s deal (April 1), expanding coffee exposure and supporting long‑term revenue mix diversification. This strategic move is being viewed favorably despite near‑term integration work. MSN: Acquisition Closed
• Positive Sentiment: Wall Street lift: JPMorgan raised its price target to $33 and kept an Overweight rating, giving the stock additional analyst support. TickerReport: JPMorgan PT Raise
• Positive Sentiment: Institutional buying and option activity: Oakmark’s Bill Nygren disclosed an increased stake, and high call‑option volume suggests speculative bullish positioning that can amplify intraday moves. 247WallSt: Nygren Bought Options Activity
• Neutral Sentiment: Guidance reaffirmed: Management reaffirmed FY‑2026 outlook for constant‑currency net sales and adjusted EPS, which stabilizes expectations but offers limited upside surprise potential. PR: Guidance Reaffirmed
• Negative Sentiment: Profit pressure and execution risks: Margins were under pressure from higher costs; analysts and commentaries flag persistent inflation, integration/execution risk from JDE Peet’s and the planned company split, and at least one note saying FY sales guidance is below estimates. These are downside catalysts if costs or integration drag on results. SeekingAlpha: Guidance Below Estimates WSJ: Cost Pressure

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.