PepsiCo (NASDAQ:PEP – Get Free Report) had its price target decreased by analysts at Royal Bank Of Canada from $165.00 to $163.00 in a report released on Thursday,MarketScreener reports. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 4.72% from the stock’s previous close.
Several other analysts have also issued reports on PEP. Evercore upped their target price on PepsiCo from $152.00 to $165.00 in a report on Wednesday, February 4th. Piper Sandler upped their target price on PepsiCo from $172.00 to $181.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. Barclays upped their target price on PepsiCo from $148.00 to $160.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Rothschild & Co Redburn upped their target price on PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a report on Tuesday, February 10th. Finally, Wall Street Zen upgraded PepsiCo from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $168.47.
Check Out Our Latest Stock Report on PEP
PepsiCo Stock Up 0.6%
PepsiCo (NASDAQ:PEP – Get Free Report) last posted its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.02. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The firm had revenue of $29.34 billion for the quarter, compared to analyst estimates of $28.96 billion. During the same period in the previous year, the company posted $1.96 earnings per share. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, equities research analysts forecast that PepsiCo will post 8.3 EPS for the current year.
PepsiCo declared that its board has approved a stock repurchase plan on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization permits the company to buy up to 4.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its shares are undervalued.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. J. Derek Lewis & Associates Inc. bought a new stake in PepsiCo during the 4th quarter valued at approximately $240,000. Purpose Unlimited Inc. bought a new position in PepsiCo in the 4th quarter worth $632,000. Cornerstone Planning LLC bought a new position in PepsiCo in the 4th quarter worth $2,644,000. Rockefeller Capital Management L.P. raised its holdings in PepsiCo by 3.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 735,926 shares of the company’s stock worth $105,640,000 after purchasing an additional 22,497 shares during the period. Finally, World Investment Advisors raised its holdings in PepsiCo by 14.0% in the 4th quarter. World Investment Advisors now owns 55,460 shares of the company’s stock worth $7,960,000 after purchasing an additional 6,830 shares during the period. Hedge funds and other institutional investors own 73.07% of the company’s stock.
More PepsiCo News
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: New beverage rollout could lift U.S. volumes — PepsiCo is expanding Dirty Mountain Dew nationally, a product launch that supports beverage growth and cross‑category momentum. This helps offset weakness in snacks by targeting higher-margin beverage sales. Read More.
- Positive Sentiment: Sustainability and cost moves that can reduce operating risk — PepsiCo commissioned eight retrofitted electric trucks in India, a small but visible move on fleet efficiency and ESG that can lower long‑term transport costs and please ESG‑focused investors. Read More.
- Positive Sentiment: Major broker still constructive despite trimming targets — JPMorgan cut its price target slightly (176→172) but kept an Overweight rating, signaling continued analyst confidence in PepsiCo’s longer‑term upside. That help supports buying interest. Read More.
- Neutral Sentiment: Q1 expectations largely in line — Multiple broker notes (BofA, Zacks, TipRanks) expect PepsiCo to report roughly in‑line first‑quarter results, meaning limited earnings surprise risk but also limited upside from the print itself. Investors will focus on North America foods trends and geopolitical exposure. Read More.
- Neutral Sentiment: Mixed analyst and fair‑value revisions — Some firms have raised targets while others trimmed fair‑value estimates slightly, reflecting debate over how quickly volume recapture and price/mix normalization will show up. This creates a mixed analyst backdrop. Read More.
- Negative Sentiment: Pessimistic UBS outlook — UBS issued a bearish forecast for PEP, adding downside pressure by suggesting the recovery in snacks could be slower or more costly than some expect. Read More.
- Negative Sentiment: Snack pricing backlash has hit sales and market value — Multiple reports say pandemic‑era price increases (e.g., steep Doritos hikes) cost PepsiCo billions in lost sales and market cap; the company has started cutting Frito‑Lay prices, which may restore share but compress near‑term margins. Expect investor focus on how fast volumes recover versus margin erosion. Read More.
- Negative Sentiment: Customer and retail pushback, lost accounts — Coverage highlights Walmart and Marriott reactions and consumer resistance to high snack prices, signaling retail shelf and contract risks that could pressure PFNA sales until price/mix is fixed. Read More.
About PepsiCo
PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.
Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.
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