Shares of Keurig Dr Pepper (NASDAQ: KDP) gained 2.73% on November 3, 2026, closing at $36.82, up $0.98 from the previous close of $35.84. The stock continued higher in pre-market trading, reaching $37.14, an increase of $0.32, or 0.87%.
During the regular session, shares traded between $35.43 and $36.95, opening at $36.03. Trading volume reached approximately 32.05 million shares, significantly above the average volume of 11.90 million. The company’s intraday market capitalization stood at approximately $50.11 billion.
Keurig Dr Pepper’s 52-week trading range was $24.88 to $36.95, placing its closing price near the upper end of that range.
Company Overview
Keurig Dr Pepper owns, manufactures, and distributes beverages and single-serve brewing systems in the United States and internationally. Founded in 1981 and headquartered in Frisco, Texas, the company operates through three business segments: U.S. Refreshment Beverages, U.S. Coffee, and International.
Its portfolio includes branded concentrates, syrups, finished beverages, and single-serve brewing products. The company also sells owned and third-party brands across multiple beverage categories, including soft drinks, coffee, tea, juice, and other products.
Its beverage portfolio includes Dr Pepper, Canada Dry, Mott’s, A&W, Peñafiel, GHOST, Snapple, 7UP, Green Mountain Coffee Roasters, Clamato, Core Hydration, The Original Donut Shop, Sunkist, Squirt, C4 Energy, Hawaiian Punch, and Electrolit.
The company also markets coffee brands such as Green Mountain, Café Bustelo, Starbucks, Dunkin’, Folgers, Peet’s, and Tim Hortons through its distribution network. Its products reach supermarkets, mass merchandisers, club stores, e-commerce retailers, convenience stores, vending machines, and direct-to-consumer channels.
Financial and Valuation Snapshot
Keurig Dr Pepper reported an intraday market capitalization of approximately $50.11 billion, a trailing price-to-earnings ratio of 37.19, and earnings per share of $0.99.
The one-year analyst target estimate was $36.38, slightly below the November 3 closing price of $36.82. The stock’s beta was 0.35, based on the five-year monthly measure displayed.
The company reported a forward annual dividend of $0.92 per share, representing a yield of approximately 2.50%.
Upcoming Earnings and Corporate Events
Keurig Dr Pepper scheduled its Q3 2026 earnings call for November 3 at 8:00 a.m. Eastern Time. The quarterly results will provide investors with an opportunity to evaluate performance across its beverage and coffee businesses.
The latest market data also listed November 3, 2026, as the company’s earnings date.
Market Outlook
Keurig Dr Pepper shares advanced ahead of the company’s Q3 earnings announcement, supported by trading volume substantially above its reported average. The closing price approached the stock’s 52-week high, while pre-market trading indicated further upward movement.
Investors will be watching the quarterly results for updates on beverage demand, coffee operations, brand performance, and the company’s broader business outlook. The supplied market data does not establish a specific catalyst for the share-price increase.
