PEPSICO INC (PEP) Forecast, Price Target & Analyst Ratings

NASDAQ:PEP • US7134481081

Current stock price

155.29 USD
-1.53 (-0.98%)
At close:
156.25 USD
+0.96 (+0.62%)
Pre-Market:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PEPSICO INC (PEP).

Forecast Snapshot

Consensus Price Target

Price Target
$173.93
+ 12.00% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 22, 2026
Period
Q1 / 2026
EPS Estimate
$1.56
Revenue Estimate
19.108B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
70.34%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$173.93
Upside
+ 12.00%
From current price of $155.29 to mean target of $173.93, Based on 29 analyst forecasts
Low
$131.30
Median
$174.93
High
$200.55

Price Target Revisions

1 Month
0.53%
3 Months
7.13%

Price Target Summary

29 Wall Street analysts provided a forecast for the next 12 months for PEP. The average price target is 173.93 USD. This implies a price increase of 12% is expected in the next year compared to the current price of 155.29.
The average price target has been revised upward by 7.13% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

PEP Current Analyst RatingPEP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10

Analyst Ratings History

PEP Historical Analyst RatingsPEP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20 25

Analyst Ratings Consensus

ChartMill Buy Consensus
70.34%
PEP was analyzed by 29 analysts. The buy percentage consensus is at 70. So analysts seem to be have mildly positive about PEP.
In the previous month the buy percentage consensus was at a similar level.
PEP was analyzed by 29 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-30Deutsche BankMaintains Buy -> Buy
2026-03-12Piper SandlerMaintains Overweight -> Overweight
2026-02-20TD CowenMaintains Hold -> Hold
2026-02-04Wells FargoMaintains Equal-Weight -> Equal-Weight
2026-02-04JP MorganMaintains Overweight -> Overweight
2026-02-04CitigroupMaintains Buy -> Buy
2026-01-14UBSMaintains Buy -> Buy
2025-12-17CitigroupMaintains Buy -> Buy
2025-12-11BarclaysMaintains Equal-Weight -> Equal-Weight
2025-12-10JP MorganUpgrade Neutral -> Overweight
2025-12-09Piper SandlerMaintains Overweight -> Overweight
2025-11-21Piper SandlerMaintains Overweight -> Overweight
2025-10-23Freedom Capital MarketsDowngrade Buy -> Hold
2025-10-10Wells FargoMaintains Equal-Weight -> Equal-Weight
2025-10-06JP MorganMaintains Neutral -> Neutral
2025-10-03BarclaysMaintains Equal-Weight -> Equal-Weight
2025-09-25Wells FargoMaintains Equal-Weight -> Equal-Weight
2025-09-25CitigroupMaintains Buy -> Buy
2025-09-11UBSMaintains Buy -> Buy
2025-09-03RBC CapitalReiterate Sector Perform -> Sector Perform
2025-07-21BarclaysMaintains Equal-Weight -> Equal-Weight
2025-07-18Wells FargoMaintains Equal-Weight -> Equal-Weight
2025-07-18Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2025-07-18CitigroupMaintains Buy -> Buy
2025-07-15BarclaysMaintains Equal-Weight -> Equal-Weight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 22, 2026
Period
Q1 / 2026
EPS Estimate
$1.56
Revenue Estimate
19.108B
Revenue Q2Q
6.64%
EPS Q2Q
5.73%
Number of Analysts
18

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
1.11%
EPS (1 Month)
0.00%
EPS (3 Months)
-2.52%

Next Earnings Summary

PEP is expected to report earnings on 4/22/2026. The consensus EPS estimate for the next earnings is 1.56 USD and the consensus revenue estimate is 19.11B USD.
The next earnings revenue estimate has been revised upward by 1.11% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
PEP revenue by date.PEP revenue by date.
91.471B
5.88%		91.854B
0.42%		93.925B
2.25%		99.477B
5.91%		102.639B
3.18%		106.339B
3.60%		108.983B
2.49%		112.742B
3.45%		117.668B
4.37%		121.851B
3.55%		126.116B
3.50%
EBITDA
YoY % growth
PEP ebitda by date.PEP ebitda by date.
16.669B
9.28%		17.884B
7.29%		18.36B
2.66%		19.696B
7.28%		20.711B
5.15%		21.803B
5.27%		22.18B
1.73%		23.027B
3.82%		24.02B
4.31%		24.837B
3.40%		25.639B
3.23%
EBIT
YoY % growth
PEP ebit by date.PEP ebit by date.
13.721B
9.86%		14.724B
7.31%		14.909B
1.26%		16.246B
8.97%		17.132B
5.45%		18.136B
5.86%		17.994B
-0.78%		18.622B
3.49%		19.85B
6.59%		20.52B
3.38%		21.185B
3.24%
Operating Margin
PEP operating margin by date.PEP operating margin by date.
15.00%16.03%15.87%16.33%16.69%17.05%16.51%16.52%16.87%16.84%16.80%
EPS
YoY % growth
PEP eps by date.PEP eps by date.
7.62
12.22%		8.16
7.09%		8.15
-0.12%		8.71
6.92%		9.30
6.69%		9.95
7.07%		9.91
-0.47%		10.38
4.76%		10.96
5.58%		11.49
4.88%		12.03
4.66%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		1.56
5.73%		2.30
8.68%		2.45
7.17%		2.42
7.13%		1.69
8.24%		2.47
7.07%		2.62
6.66%		2.55
5.49%		1.80
6.32%		2.64
7.15%		2.80
7.14%		2.69
5.42%
Revenue
Q2Q % growth		19.108B
6.64%		24.18B
6.40%		25.327B
5.81%		30.967B
5.53%		19.782B
3.53%		25.04B
3.56%		26.188B
3.40%		32.03B
3.43%		20.394B
3.09%		25.871B
3.32%		27.023B
3.19%		33.416B
4.33%
EBITDA
Q2Q % growth		3.745B
7.49%		5.171B
-4.24%		5.437B
-15.50%		5.417B
-28.08%		3.955B
5.61%		5.476B
5.90%		5.76B
5.94%		5.874B
8.44%		4.117B
4.10%		5.726B
4.57%		6.007B
4.29%		6.173B
5.09%
EBIT
Q2Q % growth		3.019B
7.82%		4.317B
10.44%		4.557B
10.63%		4.38B
7.33%		3.183B
5.43%		4.53B
4.93%		4.764B
4.54%		4.713B
7.60%		3.354B
5.37%		4.811B
6.20%		5.095B
6.95%		4.967B
5.39%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

PEP Yearly Revenue VS EstimatesPEP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20B 40B 60B 80B 100B
PEP Yearly EPS VS EstimatesPEP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6 8 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
6.89%
EPS Next 5 Year
4.96%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
4.07%
Revenue Next 5 Year
3.63%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
13.97%
EBIT Next 5 Year
9.35%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

PEPSICO INC / PEP Forecast FAQ

Can you provide the average price target for PEPSICO INC stock?

29 analysts have analysed PEP and the average price target is 173.93 USD. This implies a price increase of 12% is expected in the next year compared to the current price of 155.29.

Can you provide the upcoming earnings date for PEPSICO INC?

PEPSICO INC (PEP) will report earnings on 2026-04-22, before the market open.

What are the consensus estimates for PEP stock next earnings?

The consensus EPS estimate for the next earnings of PEPSICO INC (PEP) is 1.56 USD and the consensus revenue estimate is 19.11B USD.

Can you provide the consensus rating for PEPSICO INC stock?

The consensus rating for PEPSICO INC (PEP) is 70.3448 / 100 . This indicates that analysts generally have a positive outlook on the stock.