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加拿大皇家银行表示，Keurig Dr Pepper有望实现第一季度业绩超预期。

-- 加拿大皇家银行资本市场（RBC Capital Markets）周二表示，预计Keurig Dr Pepper (KDP)第一季度业绩将超出市场普遍预期，鉴于该股年初至今表现不佳，其风险回报比较为有利。 报告指出，第一季度消费数据显示，Keurig的消费量将实现个位数低增长，其中美国饮料和咖啡的环比增长略有加快。 然而，实际消费量和报告数据可能存在差异，因为Keurig预计将受益于对GHOST的收购，但同时也面临着发货时间、墨西哥市场价格弹性以及美国咖啡零售商库存管理等方面的挑战。RBC表示，他们认为这些不利因素已被市场普遍预期所消化。 分析师表示，随着大宗商品价格走软和关税取消，一些竞争对手正在降价。Keurig目前尚未宣布任何降价咖啡的计划，但该券商表示，密切关注整个咖啡品类的价格走势至关重要。 加拿大皇家银行(RBC)表示，鉴于对JDE Peet的收购，Keurig今年的业绩指引范围较广，并补充说，预计该公司将重申其2026年的业绩展望。 尽管市场对JDE Peet的收购仍存在负面情绪，但RBC表示，杠杆率的改善提升了合并后的整体前景。该券商补充道，最终，Keurig的股价被低估，而且咖啡行业的基本面似乎正在改善。 Keurig计划于周四美股开盘前发布第一季度财报。 RBC维持对Keurig Dr Pepper的“跑赢大盘”评级，目标价为42美元。

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

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