Is Primo Brands (PRMB) One of the Best Dividend-Paying Beverage Stocks to Buy Now?

Primo Brands Corporation (NYSE:PRMB) is included among the 10 Best Dividend-Paying Beverage Stocks to Buy Now.

Is Primo Brands (PRMB) One of the Best Dividend-Paying Beverage Stocks to Buy Now?

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Primo Brands Corporation (NYSE:PRMB) operates as a branded beverage company in North America. It offers bottled water solutions and water filtration services; and premium spring and sparkling water, purified water, self-service refill drinking water, flavored and enhanced beverages, water dispensers, and filtration equipment.

On May 9, BofA bumped up its price target on Primo Brands Corporation (NYSE:PRMB) from $25 to $27, while maintaining a ‘Buy’ rating on the shares. The target boost indicates an upside of over 12% from the current share price.

BofA revised its estimates following Primo Brands’ Q1 2026 report on May 7. The analyst firm applied a slightly higher valuation multiple to the stock, reflecting the stronger visibility on both topline and adjusted EBITDA for the rest of this year.

Primo Brands Corporation (NYSE:PRMB) reported mixed results for its first quarter, with its adjusted EPS of $0.23 falling slightly below estimates by $0.01. However, the company grew its revenue by 1.2% YoY to $1.63 billion and exceeded expectations by $50 million. Based on its strong Q1 top-line growth, Primo Brands raised its FY 2026 comparable organic net sales growth guidance to 1% to 3%, up from flat to 1% previously.

While we acknowledge the risk and potential of PRMB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PRMB and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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