KDP Price Prediction Next Week
Technical Analysis: KDP's price has shown a downward trend recently, with the stock trading below both its 20-day moving average (31.44) and 200-day moving average (33.76). The RSI at 42.59 indicates neutral momentum but leaning towards oversold territory. The negative MACD (-0.35) suggests bearish momentum in the short term.
News Sentiment Analysis: Recent news indicates mixed sentiment:
- Positive: KDP received a high rating of 91% from Validea's P/E/Growth Investor model
- Negative: The company faces challenges in its coffee segment, with Q3 2024 sales falling 3.6% year over year
- Neutral: RBC Capital maintained a Buy rating with a $42 price target, while the consensus among analysts is "Moderate Buy" with an average target of $37.77
Price Prediction for Next Week: Based on Fibonacci levels:
- Resistance levels: R1: $31.70, R2: $32.11, R3: $32.77
- Support levels: S1: $30.38, S2: $29.97, S3: $29.32
- Pivot point: $31.04
Expected price movement:
- Bearish scenario (60% probability): Stock likely to test S1 at $30.38 due to ongoing coffee segment challenges and rising coffee input costs
- Neutral scenario (30% probability): Trading range between $30.38-$31.70
- Bullish scenario (10% probability): Potential bounce to R1 at $31.70 if market sentiment improves
Trading Recommendation: SELL Entry point: Current market price (~$31.04) Target: $30.38 (S1 level) Stop loss: $31.70 (R1 level)
Rationale:
- Below key moving averages
- Negative MACD indicating bearish momentum
- Ongoing challenges in coffee segment
- Rising coffee input costs affecting margins
- Recent insider selling activity showing negative sentiment
KDP Similar Chart Price Prediction
The price of KDP is predicted to go up 11.93%, based on the high correlation periods with PLAY. The similarity of these two price pattern on the periods is 97.75%.
KDP
PLAY
Up: 11.93%Similarity: 97.75%
KDP Revenue Forecast
KDP EPS Forecast
KDP FAQs
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KDP VS S&P500
Keurig remains the number one single-serve brewer maker in North America, with strong retail relationships and a large installed base.
The company's efforts to bring more third-party hot beverage (coffee, tea, and cocoa) and ready-to-drink beverage brands onto its manufacturing and distribution platform bodes well for scale efficiency and distribution clout.
We think cost savings from sourcing and distribution consolidation and administrative streamlining can be plowed back into growth initiatives to drive revenue expansion.
KDP Analyst's Forecast
Lauren Lieberman
Barclays
Buy
Price Target
$39 → $36
Upside
+13.85%
Barclays lowered the firm's price target on Keurig Dr Pepper to $36 from $39 and keeps an Overweight rating on the shares as part of a consumer staples Q4 earnings preview. Put simply, "it feels like there aren't many places to hide in Staples these days," the analyst tells investors in a research note.
Lauren Lieberman
Barclays
Buy
Price Target
$41 → $39
Upside
+14.94%
Filippo Falorni
Citigroup
Strong Buy
Price Target
$43 → $40
Upside
+15.67%