Keurig Dr Pepper (NASDAQ:KDP) Issues FY 2026 Earnings Guidance

Keurig Dr Pepper (NASDAQ:KDP) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 2.130-2.170 for the period, compared to the consensus estimate of 2.120. The company issued revenue guidance of $25.9 billion-$26.4 billion, compared to the consensus revenue estimate of $16.9 billion.

Analyst Ratings Changes

Several analysts have commented on the stock. Jefferies Financial Group cut shares of Keurig Dr Pepper from a “buy” rating to a “hold” rating and lowered their target price for the stock from $39.00 to $32.00 in a research note on Tuesday, December 16th. Wells Fargo & Company lifted their price objective on Keurig Dr Pepper from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Wednesday. Piper Sandler upped their target price on Keurig Dr Pepper from $35.00 to $38.00 and gave the company an “overweight” rating in a research note on Monday, December 15th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Keurig Dr Pepper in a research report on Wednesday, January 28th. Finally, Barclays lifted their price target on Keurig Dr Pepper from $26.00 to $30.00 and gave the company an “equal weight” rating in a report on Tuesday, October 28th. Ten analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $35.20.

Keurig Dr Pepper Trading Down 1.7%

Shares of Keurig Dr Pepper stock traded down $0.54 during trading hours on Wednesday, reaching $30.49. The stock had a trading volume of 1,365,530 shares, compared to its average volume of 10,382,501. The firm has a market capitalization of $41.43 billion, a price-to-earnings ratio of 26.20, a P/E/G ratio of 2.16 and a beta of 0.34. Keurig Dr Pepper has a 1 year low of $25.03 and a 1 year high of $36.12. The company has a current ratio of 0.62, a quick ratio of 0.38 and a debt-to-equity ratio of 0.53. The firm has a 50 day simple moving average of $28.19 and a two-hundred day simple moving average of $28.24.

Keurig Dr Pepper (NASDAQ:KDP) last issued its earnings results on Tuesday, February 24th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.01. Keurig Dr Pepper had a return on equity of 11.19% and a net margin of 9.78%.The business had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.35 billion. During the same quarter in the previous year, the business earned $0.58 EPS. The company’s revenue for the quarter was up 10.6% on a year-over-year basis. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. As a group, equities research analysts anticipate that Keurig Dr Pepper will post 1.92 earnings per share for the current year.

Keurig Dr Pepper Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Friday, March 27th will be given a $0.23 dividend. The ex-dividend date of this dividend is Friday, March 27th. This represents a $0.92 annualized dividend and a dividend yield of 3.0%. Keurig Dr Pepper’s dividend payout ratio is presently 79.31%.

Insider Activity at Keurig Dr Pepper

In related news, VP Angela A. Stephens sold 10,000 shares of Keurig Dr Pepper stock in a transaction on Friday, December 12th. The shares were sold at an average price of $29.52, for a total transaction of $295,200.00. Following the transaction, the vice president owned 54,200 shares in the company, valued at approximately $1,599,984. The trade was a 15.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.00% 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: Q4 earnings and revenue beat — KDP reported $0.60 adj. EPS (vs. ~$0.59 consensus) and roughly $4.5B in net sales, up ~10.5% year-over-year, driven by U.S. refreshment volume, pricing and brand momentum. This is the main catalyst lifting sentiment. Article Title
• Positive Sentiment: Upbeat 2026 guidance — Management issued FY2026 adjusted EPS guidance (2.130–2.170) and targets double‑digit adjusted EPS growth, signaling continued margin and earnings improvement that supports multiple expansion. Article Title
• Positive Sentiment: JDE Peet’s acquisition financing updated — KDP secured additional preferred equity and updated its financing plan, reducing the need for a partial IPO and improving odds the transaction will close on schedule, which is a major strategic catalyst. Article Title
• Positive Sentiment: Split plan and institutional buying lift sentiment — Analysts and MarketBeat note that progress toward splitting into two pure‑play companies and heavy institutional accumulation are viewed as potential upside drivers (valuation re-rate if/when the split executes). Article Title
• Neutral Sentiment: Operational/ESG update — K‑Cup pods became recyclable in Ontario, a positive brand/ESG development but unlikely to move near‑term earnings materially. Article Title
• Negative Sentiment: Deal and leverage risks remain — The JDE Peet’s deal increases leverage and execution/regulatory risk; integration headaches or higher interest costs could pressure cash flow and dilute the near‑term benefit of the earnings beat. Article Title

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Auxier Asset Management lifted its position in Keurig Dr Pepper by 0.4% during the 2nd quarter. Auxier Asset Management now owns 72,163 shares of the company’s stock worth $2,386,000 after acquiring an additional 318 shares in the last quarter. Rossby Financial LCC increased its position in shares of Keurig Dr Pepper by 45.1% in the 4th quarter. Rossby Financial LCC now owns 1,090 shares of the company’s stock worth $31,000 after purchasing an additional 339 shares during the last quarter. Wealth Watch Advisors INC increased its holdings in Keurig Dr Pepper by 18.3% in the fourth quarter. Wealth Watch Advisors INC now owns 2,407 shares of the company’s stock valued at $67,000 after buying an additional 373 shares during the last quarter. Transamerica Financial Advisors LLC increased its holdings in shares of Keurig Dr Pepper by 19.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 2,567 shares of the company’s stock valued at $72,000 after acquiring an additional 420 shares during the last quarter. Finally, BOKF NA raised its holdings in shares of Keurig Dr Pepper by 44.1% during the third quarter. BOKF NA now owns 1,388 shares of the company’s stock worth $35,000 after purchasing an additional 425 shares during the period. Institutional investors and hedge funds own 93.99% of the company’s stock.

About Keurig Dr Pepper

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.