Piper Sandler keeps USD 38.00 target for Keurig Dr Pepper stock
Published on 10/15/2026 at 21:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and company scale
- Piper Sandler maintained a USD 38.00 target and Overweight rating on October 14, 2026.
- Keurig Dr Pepper lists more than 150 brands in its portfolio.
- Keurig Dr Pepper stock was trading at EUR 30.46 at 11:03 p.m. CEST at Lang & Schwarz on October 15, 2026.
Piper Sandler maintained an Overweight rating and a USD 38.00 price target for Keurig Dr Pepper on October 14, 2026, according to Seeking Alpha. The target stood 11.24 percent above the USD 34.16 Nasdaq price at the latest quoted time on October 15, 2026. Keurig Dr Pepper was trading at EUR 30.46 at Lang & Schwarz on October 15, 2026 at 11:03 p.m. CEST.
Analyst target meets separation plans
Piper Sandler analyst Michael Lavery based the view on a sum-of-the-parts assessment of the planned beverage and coffee businesses. The report assigned USD 31.00 to the beverage operation and USD 8.00 to Global Coffee Co., producing a combined USD 39.00 value before the published USD 38.00 target.
The company has been preparing a planned coffee separation for 2027. Keurig Dr Pepper's official website describes a portfolio of more than 150 brands, including Dr Pepper, Canada Dry, 7UP, Snapple and the Keurig coffee system, according to the Keurig Dr Pepper website.
Price position and valuation
The latest Nasdaq quote was USD 34.16 on October 15, 2026 at 3:05 p.m. ET, with a market capitalization of USD 46.5 billion and a price-to-earnings ratio of 34.34. The same quote placed the stock between a 52-week low of USD 24.88 and a 52-week high of USD 34.48. The EUR quotation therefore sits below the upper end of its stated US range only after currency and venue differences are kept separate.
Comparison with peers
Keurig Dr Pepper: P/E 34.34, market capitalization USD 46.5 billion.
Coca-Cola (NYSE, USD): plus 0.44 percent, P/E 27.67, market capitalization USD 396.6 billion.
PepsiCo (Nasdaq, USD): plus 0.32 percent, P/E 16.29, market capitalization USD 176.7 billion.
Valuation and upcoming dates
The analyst target provides the clearest dated valuation marker in the latest coverage. Keurig Dr Pepper is scheduled to report third-quarter 2026 results before the US market opens on November 3, 2026, according to the company's financial-news notice.
Stock level for investors
The EUR quotation gives German investors a separate trading reference from the Nasdaq price and should not be combined with the US-dollar target in a single percentage calculation. The company remains a large beverage operator, while the planned coffee separation gives the analyst view a distinct corporate structure angle.
The further course of trading is shown by the continuously updated real-time quote of Keurig Dr Pepper stock.
Keurig Dr Pepper market profile
- Company: Keurig Dr Pepper Inc.
- ISIN: US49271V1008
- Ticker: KDP
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 15, 2026, 11:03 p.m. CEST: EUR 30.46
- Market capitalization: USD 46.5 billion as of October 15, 2026
- 52-week range: USD 24.88-34.48 as of October 15, 2026
- Sector / Industry: Consumer Defensive / Beverages - Non-Alcoholic
Market context: Market report S&P 500.
