Brokerages Set PepsiCo, Inc. (NASDAQ:PEP) Price Target at $157.90

Shares of PepsiCo, Inc. (NASDAQ:PEP) have been given a consensus recommendation of “Hold” by the twenty brokerages that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $157.90.

PEP has been the subject of several recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of PepsiCo in a research report on Monday, July 6th. Wells Fargo & Company decreased their price target on shares of PepsiCo from $150.00 to $140.00 and set an “equal weight” rating for the company in a research report on Friday, July 10th. Citigroup lowered PepsiCo from a “buy” rating to a “neutral” rating and cut their price objective for the company from $170.00 to $145.00 in a research report on Friday, July 10th. Piper Sandler set a $176.00 price objective on PepsiCo in a research note on Thursday, July 9th. Finally, Sanford C. Bernstein set a $134.00 target price on PepsiCo in a research note on Friday, July 10th.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is expanding its multi-year partnership with autonomous-truck startup Gatik, deploying 41 self-driving trucks on Frito-Lay distribution routes. The technology could eventually reduce middle-mile transportation costs, improve delivery consistency and support supply-chain efficiency. Gatik’s subsequent $200 million funding round also provides additional capital for executing the rollout. PepsiCo Is Putting 41 Self Driving Trucks On Frito Lay Routes
• Positive Sentiment: PepsiCo’s latest reported quarter included a modest earnings beat and 6.4% year-over-year revenue growth. Management’s 2026 earnings guidance remains intact, suggesting the company has not yet signaled a deterioration in its full-year outlook.
• Neutral Sentiment: PepsiCo will release third-quarter 2026 results on October 8. The announcement itself does not change fundamentals, but it gives investors a near-term catalyst to assess demand, pricing, margins and the company’s international growth strategy. PepsiCo Announces Timing and Availability of Third-Quarter 2026 Financial Results
• Neutral Sentiment: Reports that PepsiCo is ending employee coverage for weight-loss drugs could lower benefit expenses, but the move may also affect employee satisfaction and retention. The financial impact is unclear.
• Negative Sentiment: Recent Coca-Cola-versus-Pepsi comparisons say Coca-Cola is pulling ahead on brand strength, margins, earnings growth and U.S. execution. PepsiCo’s diversified snacks portfolio and international gains remain positives, but investors are increasingly focused on its weaker home-market performance and the risk that competitors are capturing more consumer spending. Coca-Cola vs. Pepsi: The Gap Is Getting Bigger

PepsiCo Stock Performance

NASDAQ PEP opened at $142.19 on Monday. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74. PepsiCo has a 1-year low of $133.73 and a 1-year high of $171.48. The firm has a market capitalization of $194.07 billion, a P/E ratio of 18.64, a P/E/G ratio of 3.12 and a beta of 0.35. The business’s 50-day simple moving average is $139.92 and its 200-day simple moving average is $149.79.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.19 by $0.01. The firm had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. PepsiCo’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities analysts predict that PepsiCo will post 8.57 EPS for the current year.

PepsiCo Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be issued a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Friday, September 4th. PepsiCo’s dividend payout ratio is currently 77.59%.

Insider Activity

In other news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the sale, the executive vice president owned 74,825 shares in the company, valued at $10,441,080.50. This trade represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.12% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On PepsiCo

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PEP. Evergreen Advisors LLC acquired a new stake in shares of PepsiCo during the first quarter valued at about $25,000. Montgomery Financial Services LLC acquired a new position in shares of PepsiCo in the second quarter worth about $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in PepsiCo in the fourth quarter valued at about $26,000. Swiss RE Ltd. purchased a new stake in PepsiCo during the 4th quarter worth approximately $28,000. Finally, Atlatl Advisers LLC acquired a new position in shares of PepsiCo in the 2nd quarter valued at approximately $31,000. Hedge funds and other institutional investors own 73.07% of the company’s stock.

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.