PepsiCo, Inc. (PEP) Analyst Ratings & Price Targets

PepsiCo, Inc.

PEP · Nasdaq

Analyst Consensus

Hold

20 analysts

0 Bearish3 Neutral0 Bullish

$136

Current

$164

Low

$154

Average

$164

High

Average target implies +12.59% versus the current price.

Analyst Ratings Synthesis

Consensus is Hold across 20 analysts. Published targets run from $145 to $164, with a mean of $153.5, creating a $19 spread and placing the average above the reported $138.45 closing price. The supplied evidence does not name the firms behind the low and high targets, so it cannot identify the most or least bullish analyst by name; the $164 target is the most bullish stated view and $145 the least bullish. Revisions appear mixed: Simply Wall St. cites recent target cuts and downgrades but also a roughly $2 reduction in its target, while another update says it is modestly raising its view. The disagreement centers on softer U.S. volume and earnings quality versus Q3 execution, margin improvement, resilient growth expectations, and dividend support.

Rating Actions

3 firms captured

Firm	Analyst	Rating	Price Target	Upside	Date	Source
Citigroup	—	Neutral Downgraded	$145from $170	+6.4%	Jul 10, 2026	Open the report this row came from
RBC Capital	—	Not stated Lowered price target	$161from $163	+18.1%	Jul 10, 2026	Open the report this row came from
Citigroup	—	Unrated Downgrade	—	—	Jul 10, 2026	Open the report this row came from
JPMorgan	—	Unrated Raised price target	$164	+20.3%	Dec 10, 2025	Open the report this row came from
JPMorgan	—	Not stated Raised price target	$164	+20.3%	Dec 10, 2025	Open the report this row came from

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

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Symbol: PEP
Type: Stock
Sector: Consumer Staples
Industry: Beverages
Exchange: Nasdaq

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated nearly $94 billion in net revenue in 2025, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and drinks, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that places sustainability at the center of our business strategy, seeking to drive growth and build a stronger, more resilient future for PepsiCo and the communities where we operate.

Key Issues

Bullish view

Revenue increased to $93.9 billion in FY2025 from $91.9 billion, while supplied Simply Wall St. evidence cites solid Q3 execution and a slightly improved long-term margin outlook. That could support a recovery from the FY2025 net-income decline.

Bearish view

Net income fell to $8.2 billion from $9.6 billion despite higher revenue, indicating weaker profitability. The evidence also cites softer volume trends in key U.S. markets, which could limit operating leverage.

Analyst Consensus

See all

Hold

20 analysts

0 Bearish3 Neutral0 Bullish

$136

Current

$164

Low

$154

Average

$164

High

Average target implies +12.59% versus the current price.

Earnings History

BeatMissNo estimate

PepsiCo, Inc.

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

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