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加拿大皇家銀行表示，Keurig Dr Pepper有望實現第一季業績超預期。

-- 加拿大皇家銀行資本市場（RBC Capital Markets）週二表示，預計Keurig Dr Pepper (KDP)第一季業績將超出市場普遍預期，鑑於該股年初至今表現不佳，其風險回報比較為有利。 報告指出，第一季消費數據顯示，Keurig的消費量將實現個位數低成長，其中美國飲料和咖啡的環比成長略有加速。 然而，實際消費量和報告數據可能存在差異，因為Keurig預計將受益於對GHOST的收購，但同時也面臨出貨時間、墨西哥市場價格彈性以及美國咖啡零售商庫存管理等方面的挑戰。 RBC表示，他們認為這些不利因素已被市場普遍預期所消化。 分析師表示，隨著大宗商品價格走軟和關稅取消，一些競爭對手正在降價。 Keurig目前尚未宣布任何降價咖啡的計劃，但該券商表示，密切關注整個咖啡類別的價格走勢至關重要。 加拿大皇家銀行(RBC)表示，鑑於對JDE Peet的收購，Keurig今年的業績指引範圍較廣，並補充說，預計該公司將重申其2026年的業績展望。 儘管市場對JDE Peet的收購仍存在負面情緒，但RBC表示，槓桿率的改善提升了合併後的整體前景。券商補充道，最終，Keurig的股價被低估，而且咖啡產業的基本面似乎正在改善。 Keurig計劃於週四美股開盤前發布第一季財報。 RBC維持對Keurig Dr Pepper的「跑贏大盤」評級，目標價為42美元。

Price: $26.39, Change: $-0.11, Percent Change: -0.41%

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