Keurig Dr Pepper Inc. (NASDAQ:KDP) Analyst Update and Earnings Forecast

• Lauren Lieberman from Barclays sets a price target of $36 for NASDAQ:KDP, indicating a potential upside of 5.51%.
• Q4 2024 earnings per share (EPS) forecasted at $0.57, with revenues expected to hit $4.03 billion, marking a 4.2% year-over-year increase.
• Despite a positive revenue and EPS growth outlook, consensus EPS estimate has been revised downward by 1.8% over the past 30 days.

Keurig Dr Pepper Inc. (NASDAQ:KDP) is a leading beverage company known for its diverse portfolio of soft drinks, coffee, and other beverages. The company competes with major players like Coca-Cola and PepsiCo. On February 24, 2025, Lauren Lieberman from Barclays set a price target of $36 for KDP, suggesting a potential price increase of 5.51% from its current trading price of $34.12.

KDP is expected to report quarterly earnings of $0.57 per share for the quarter ending December 2024, a 3.6% increase from the previous year. Analysts forecast revenues of $4.03 billion, marking a 4.2% year-over-year growth. Despite this positive outlook, the consensus earnings per share (EPS) estimate has been revised downward by 1.8% over the past 30 days, reflecting a reassessment by analysts.

The company is set to release its fourth-quarter 2024 earnings on February 25, before the market opens. Analysts expect a positive performance, with projected increases in both revenues and earnings per share. The Zacks Consensus Estimate for fourth-quarter revenues is $4.03 billion, a 4.2% rise from the same quarter last year. The consensus estimate for quarterly earnings has slightly decreased by a penny to 57 cents per share, still representing a 3.6% increase from the previous year.

KDP has a history of exceeding expectations, with an average earnings surprise of 3.4% over the past four quarters. The anticipated growth in earnings is likely driven by innovation, portfolio expansion, and growth in Refreshment Beverages. The stock is currently priced at $34.12, with a slight increase of 0.08, or 0.24%, today. It has fluctuated between a low of $33.86 and a high of $34.43 during the trading day.