Keurig Dr Pepper stock trades below Bank of America’s USD 31 value call

Published on 09/21/2026 at 23:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Keurig Dr Pepper stock closed at USD 31.40 on Nasdaq on September 18, 2026, modestly below the roughly USD 31 per-share value Bank of America sees for the planned Beverage unit. The shares sit around 17 percent under a USD 36.21 analyst target, keeping valuation in focus.

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Keurig Dr Pepper stock (ISIN US49271V1008) closed at USD 31.40 on the Nasdaq on September 18, 2026, down 1.2 percent from the prior session, leaving the shares trading slightly below a key USD 31 value estimate highlighted in recent analyst commentary.

Analysts see value around USD 31 per share

According to TradingView on September 21, 2026, Bank of America expects Keurig Dr Pepper Inc. to split in early 2027 into two entities, Beverage Co. and Global Coffee Co., and estimates roughly USD 31 per KDP share as the standalone value of the Beverage business.

As TradingView reports, the planned transaction would fold in the coffee operations of JDE Peet’s into the Global Coffee Co. unit, leaving Beverage Co. focused on soft drinks and allied beverage brands.

Stock trades below a USD 36.21 target

Further highlighting the valuation gap, 24/7 Wall St noted on September 21, 2026 that Keurig Dr Pepper shares trade at USD 30.96 against a USD 36.21 analyst price target, implying about 17 percent upside from that level.

According to 24/7 Wall St, the analyst mix on Keurig Dr Pepper consists of 5 Strong Buy ratings, 8 Buy recommendations and 5 Hold ratings, with a trailing price-earnings ratio around 31 based on recent results, suggesting investors are paying a premium multiple for the company’s earnings.

Share price and recent trading context

Per Nasdaq-based price data summarized on September 21, 2026, Keurig Dr Pepper stock last closed at USD 30.96 on September 18, 2026, down 0.47 dollars or 1.50 percent on the day, with a subsequent overnight indication of USD 30.86 representing a further 0.32 percent decline in after-hours trading.

In a broader beverages context, Pluang reported on September 21, 2026 that PepsiCo shares fell around 3 percent on the prior trading day without company-specific news, while Keurig Dr Pepper saw only a mild dip, underlining the stock’s relatively more stable short-term price behavior compared with some peers.

Closing price and investor takeaway

As of the close on September 18, 2026, the reference price for Keurig Dr Pepper stock on the Nasdaq stands around USD 30.96 to USD 31.40 in recent trading, in United States dollars, leaving the shares modestly below both Bank of America’s roughly USD 31 per-share Beverage unit value estimate and the broader USD 36.21 analyst target range.