Keurig Dr Pepper Inc. (KDP) earnings on August 6, 2026

KDP price around the earnings

30.37

Change: -1.0%

Start of the measured window End of the measured window

30.26 31.15 32.05 32.94 30.67

August 6, 2026

Price: green if it ends above the starting price; red if it ends below
Start of the measured window
End of the measured window
Market open
Starting price

Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Partial

Thesis published: 2026-08-06, 09:56 UTC
Results released: 2026-08-06, 11:01 UTC

Analyst optimistic with 100% beat rate but negative 30d trend strength and trajectory collapsed sharply into earnings.

Context analyzed before publication

Trend: Trajectory collapsed sharply into earnings, indicating an extreme selloff before the event.

Analysts

Evidence

Analyst consensus: Buy
Consensus average (1-5): 2
Analysts covering the stock: 17
Average price target: 35.24
Lowest price target: 28
Highest price target: 42
Upside to price target: 14.6%
Quarterly earnings growth: -47.8%
Revenue growth: 9.4%
Forward EPS: 2.53
Trailing EPS: 1.35
Analyst moves in the last 60 days: 6

Strong buy: 4
Buy: 7
Hold: 7
Sell: 0
Strong sell: 0

Strong buy: 4
Buy: 7
Hold: 7
Sell: 0
Strong sell: 0

July 23, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
July 16, 2026 · UBS: Maintains rating (Buy → Buy)
July 14, 2026 · Citigroup: Maintains rating (Buy → Buy)
June 25, 2026 · Barclays: Upgrades rating (Equal-Weight → Overweight)
June 12, 2026 · Bernstein: Initiates coverage (Outperform)
June 11, 2026 · Bernstein: Initiates coverage (Outperform)

News and sentiment

Evidence

Sentiment

Sentiment: Constructive
Mention volume: High
Normalized volume: 99%

News

Sources (5)

US Foods, SanDisk And 3 Stocks To Watch Heading Into Thursday (opens in a new tab) — Benzinga
JP Morgan Maintains Overweight on Keurig Dr Pepper, Raises Price Target to $38 (opens in a new tab) — Benzinga
Wall Street's Most Accurate Analysts Weigh In On 3 Risk Off Stocks With Over 3% Dividend Yields (opens in a new tab) — Benzinga
UBS Maintains Buy on Keurig Dr Pepper, Raises Price Target to $38 (opens in a new tab) — Benzinga
Citigroup Maintains Buy on Keurig Dr Pepper, Raises Price Target to $37 (opens in a new tab) — Benzinga

Technicals

Evidence

Price when the context was analyzed: 30.67
Average true range (ATR): 2.6%
Distance to 52-week high: -9.7%
14-day change (14d): +1.5%
30-day change (30d): -3.5%
30-day relative strength: -2.7%
QQQ change (30d): -0.8%
Nearest support: 30.6
Distance to nearest support: 0.2%
Nearest resistance: 30.86
Distance to nearest resistance: 0.6%
Volume accumulation ratio (14d / 46d): 0.86

Mid: 30.6 (0.2% away, 0.09 ATR, 26 touches)
Major: 30.27 (1.3% away, 0.5 ATR, 27 touches)
Mid: 30.12 (1.8% away, 0.69 ATR, 15 touches)

Major: 30.86 (0.6% away, 0.24 ATR, 41 touches)
Major: 31.18 (1.7% away, 0.64 ATR, 50 touches)
Mid: 31.49 (2.7% away, 1.02 ATR, 30 touches)

Trends

Evidence

Average earnings surprise: +1.9%

April 23, 2026: actual EPS 0.39 vs estimate 0.37 (surprise +4.3%)
February 24, 2026: actual EPS 0.6 vs estimate 0.59 (surprise +2.0%)
October 27, 2025: actual EPS 0.54 vs estimate 0.54 (surprise +0.4%)
July 24, 2025: actual EPS 0.49 vs estimate 0.49 (surprise +1.0%)

Expected move

Implied move: +2.2%
Source: Options chain

Reactions over its last 20 earnings

Median move: 3.7%
75th percentile move: 4.2%
90th percentile move: 5.7%
Up / down moves: 13 / 7
Average up move: +3.2%
Average down move: -3.3%

Monitoring and close

What Keurig Dr Pepper Inc. reported

Status: Finished

Actual EPS	0.57
EPS estimate	0.54
EPS surprise	+5.6%
Revenue	$7,309 million
Revenue estimate	$7,239 million
Revenue surprise	+1.0%

Keurig Dr Pepper beat Q2 profit estimates and reaffirmed its full-year outlook, leaving investors optimistic. Key metrics aligned with Wall Street expectations.

Sources (13)

Crude Oil Gains 2%; Keurig Dr Pepper Earnings Top Views (opens in a new tab) — Benzinga
Keurig Dr Pepper (NASDAQ:KDP) Tops Q2 Profit Estimates, Reaffirms Full-Year Outlook (opens in a new tab) — ChartMill
Keurig Dr Pepper Inc. (KDP) Q2 2026 Earnings Call Transcript (opens in a new tab) — SeekingAlpha
Here's What Key Metrics Tell Us About Keurig Dr Pepper (KDP) Q2 Earnings (opens in a new tab) — Zacks
JDE Peet's Acquisition Ignites Keurig Dr Pepper's Sales Explosion (opens in a new tab) — Benzinga
Keurig Dr Pepper, Inc (KDP) Surpasses Q2 Earnings and Revenue Estimates (opens in a new tab) — Zacks
Keurig Dr Pepper (NASDAQ:KDP) Beats Q2 CY2026 Sales Expectations (opens in a new tab) — StockStory
Keurig Dr Pepper Posts Higher Sales as Separation Work Continues (opens in a new tab) — The Wall Street Journal
Keurig Dr Pepper Affirms FY2026 Sales Guidance of $25.900B-$26.400B vs $26.267B Est (opens in a new tab) — Benzinga
Keurig Dr Pepper beat expectations with adjusted earnings of $0.57 per share and sales of $7.309 billion, above forecasts. — Benzinga
Keurig Dr Pepper Q2 Adj. EPS $0.57 Beats $0.54 Estimate, Sales $7.309B Beat $7.239B Estimate (opens in a new tab) — Benzinga
Keurig Dr Pepper Reports Q2 Results and Reaffirms Guidance for 2026 (opens in a new tab) — Yahoo
Berkshire Earnings, Jobs Report: What to Watch the Rest of the Week (opens in a new tab) — The Wall Street Journal

Pre-market second reading after the results

Verdict: Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +1.6% pre-market, a move below the stock's usual reaction (about 4%). The figures don't confirm the prior scenario: the comparable cases aren't consistent enough.

How the stock reacted

Outcome: Partial
Consolidated: -1.0%
Max favorable move (MFE): 1.4%
Max adverse move (MAE): 8.1%