Keurig Dr Pepper (KDP)

• Market cap: $45.6B
• 1 day: -1.76%
• 5 days: -3.04%
• 1 month: -3.32%
• 3 months: 8.54%
• 6 months: 1.02%
• Year to date: 5.60%
• 1 year: -1.32%
• 5 years: 24.55%
• 10 years: -56.08%
• Sector: Consumer Staples
• Industry: Beverages - Non-Alcoholic

About: Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. The US and Canada make up 95% of revenue, with the rest from Mexico.

Employees: 29,400

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

62% more first-time investments, than exits

New positions opened: 123 | Existing positions closed: 76

48% more repeat investments, than reductions

Existing positions increased: 345 | Existing positions reduced: 233

6.34% more ownership

Funds ownership: 71.43% [Q3] → 77.77% (+6.34%) [Q4]

5% more funds holding

Funds holding: 726 [Q3] → 761 (+35) [Q4]

9% less call options, than puts

Call options by funds: $125M | Put options by funds: $137M

7% less capital invested

Capital invested by funds: $36.3B [Q3] → $33.9B (-$2.44B) [Q4]

56% less funds holding in top 10

Funds holding in top 10: 9 [Q3] → 4 (-5) [Q4]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $38 13% upside
• Avg. target: $41 21% upside
• High target: $42 25% upside

8 analyst ratings

• positive: 8 100%
• neutral: 0 0%
• negative: 0 0%

Barclays Lauren Lieberman 59% 1-year accuracy 52 / 88 met price target	13% upside $38	Overweight Maintained	28 Apr 2025
HSBC Rajesh Kumar 67% 1-year accuracy 2 / 3 met price target	25% upside $42	Buy Upgraded	25 Apr 2025
RBC Capital Nik Modi 34% 1-year accuracy 16 / 47 met price target	25% upside $42	Outperform Reiterated	22 Apr 2025
UBS Sean King 33% 1-year accuracy 1 / 3 met price target	25% upside $42	Buy Maintained	17 Apr 2025
Argus Research Stephen Biggar 74% 1-year accuracy 14 / 19 met price target	19% upside $40	Buy Initiated	16 Apr 2025