Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of February 28, 2026, Keurig Dr Pepper Inc. (KDP) has a Wall Street consensus price target of $32.43, based on estimates from 28 covering analysts. With the stock currently trading at $30.28, this represents a potential upside of +7.1%. The company has a market capitalization of $41.14B.
Analyst price targets range from a low of $24.00 to a high of $38.00, representing a 43% spread in expectations. The median target of $32.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 16 analysts rating the stock as a Buy or Strong Buy,11 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, KDP trades at a trailing P/E of 19.8x and forward P/E of 13.4x. The forward PEG ratio of 1.28 indicates reasonable valuation for growth. Analysts expect EPS to grow +48.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $37.02, with bear and bull scenarios of $24.01 and $46.33 respectively. Model confidence stands at 58/100, reflecting moderate uncertainty in projections.
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorSee our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationSee how KDP stacks up against sector leader Walmart Inc..
Start ComparisonThe consensus price target for KDP is $32.43, close to the current price of $30.28 (7.1% implied move). Based on 28 analyst estimates, the stock appears fairly valued near current levels.
KDP has a consensus rating of "Buy" based on 28 Wall Street analysts. The rating breakdown is predominantly bullish, with 16 Buy/Strong Buy ratings. The consensus 12-month price target of $32.43 implies 7.1% upside from current levels.
With a forward P/E of 13.4071x, KDP trades at a relatively low valuation. The consensus target of $32.43 implies 7.1% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $38 for KDP, while the most conservative target is $24. The consensus of $32.43 represents the median expectation. Our quantitative valuation model projects a bull case target of $46 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
KDP is heavily covered by Wall Street, with 28 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 16 have Buy ratings, 11 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month KDP stock forecast based on 28 Wall Street analysts shows a consensus price target of $32.43, with estimates ranging from $24 (bear case) to $38 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $37, with bear/bull scenarios of $24/$46.
Our quantitative valuation model calculates KDP's fair value at $37 (base case), with a bear case of $24 and bull case of $46. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 58/100.
KDP trades at a forward P/E ratio of 13.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
KDP appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $32.43 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
KDP analyst price targets range from $24 to $38, a 43% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $32.43 consensus represents the middle ground. Our model's $24-$46 range provides an independent fundamental perspective.