The consensus price target for KDP has decreased from $38.33 to $35.5, indicating a potential reassessment of the company’s future growth prospects.
RBC Capital remains optimistic about KDP, setting a higher price target of $43, suggesting confidence in the company’s strategic initiatives and market position.

Keurig Dr Pepper Inc. (NASDAQ:KDP) is a significant contender in the beverage industry, offering a diverse portfolio of products across segments like Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages. With well-known brands such as Dr Pepper, Canada Dry, and Snapple, KDP competes with other consumer defensive companies like Kimberly-Clark.
The consensus price target for KDP’s stock has seen a decline over the past year, dropping from $38.33 to $35.5. This shift may reflect changing market conditions or company performance. Despite this, RBC Capital has set a higher price target of $43, suggesting optimism about KDP’s future, as highlighted by RBC Capital.
KDP’s upcoming fourth-quarter earnings are expected to benefit from innovation and growth in its Refreshment Beverages segment. The company’s strategic initiatives in expanding its product offerings are anticipated to positively impact its financial performance. Investors are watching closely to see if KDP will exceed expectations in its earnings report.
Piper Sandler analyst Michael Lavery has initiated coverage on KDP with a Neutral rating and a target price of $35. While KDP faces challenges in its coffee segment, there is potential for growth in the energy drink market. This could influence future stock performance and investor sentiment.