- Prev close
- $36.89
- Day range
- $35.70 – $36.89
KDP’s -4.0% move looks stock-specific rather than market-wide, coming after Q3 revenue of $7.34 billion and guidance that came in slightly light versus consensus. The setup is mixed: growth is strong, but the latest reaction shows the valuation and earnings setup still matter.
KDP
KEURIG DR PEPPER INC
As of Nov 3, 2026
56/100
Worth keeping an eye onHealth ScoreWhy it moved
KDP fell -4.0% even as the S&P 500 was -0.5% and the Nasdaq 100 was -1.4%, while peers were only modestly weaker too — KO -1.1%, PEP -1.8%, MNST -0.5%, and COKE -1.5%. That gap points to a stock-specific reaction, not a broad market or pure sector move. The most likely driver is the earnings/guidance mix: Q3 revenue was up 4.0% year on year to $7.34 billion and EPS was $0.66, but full-year revenue guidance of $26.15 billion at the midpoint came in 0.6% below analysts’ consensus estimates, and the stock had already been trading near its 52-week high of $36.95.
Is this normal volatility
This looks like a larger-than-normal reaction, not ordinary day-to-day noise, because the stock moved -4.0% versus a -0.5% S&P 500 and peers that were mostly down only -0.5% to -1.8%. Fundamentally, though, the picture is not broken: revenue is +27.5% YoY (TTM), the latest quarter was +75.6% YoY, gross margin is +49.4%, operating margin is +16.2%, and net margin is +7.1%. The valuation still leaves room for sharper swings: PE is 35.1 and forward PE is 14.4, while PEG is 3.64 — the PEG, or P/E divided by growth, is not meaningful here because EPS growth is -7.1% YoY (TTM), so the richer multiple and negative earnings trend amplify reactions to any guidance miss. Beta is 0.34, which says the stock is usually less volatile than the market, so a 4.0% move stands out against that backdrop.
Earnings preview
The next earnings date is 2026-11-03. Consensus already has a split read on the quarter: revenue is expected to be around $7.34 billion based on the reported line, with the company’s full-year revenue guidance at $26.15 billion at the midpoint, which is 0.6% below analysts’ consensus estimates, and non-GAAP profit was $0.66 per share, which was 6.4% above analysts’ consensus estimates. The facts do not provide prior post-earnings reaction history, so I can’t infer a pattern there. What the market is watching most closely is whether U.S. Refreshment Beverages can keep posting double-digit growth, whether U.S. Coffee continues improving after being “still challenged,” and whether acquisition-driven sales growth can translate into cleaner top-line guidance and sustained margin progress.
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