PepsiCo, Inc. (PEP)
NASDAQ: PEP · Real-Time Price · USD
168.53
+1.32 (0.79%)
Oct 8, 2024, 12:31 PM EDT - Market open
PepsiCo Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for PepsiCo stock have an average target of 185.67, with a low estimate of 170 and a high estimate of 200. The average target predicts an increase of 10.17% from the current stock price of 168.53.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PepsiCo stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 5 | 5 | 5 | 5 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 6 | 7 | 5 | 5 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $177 → $176 | Hold | Maintains | $177 → $176 | +4.43% | Oct 4, 2024 |
| Barclays | Barclays | Buy Maintains $187 → $186 | Buy | Maintains | $187 → $186 | +10.37% | Oct 4, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $182 → $185 | Hold | Maintains | $182 → $185 | +9.77% | Oct 1, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $190 → $185 | Strong Buy | Maintains | $190 → $185 | +9.77% | Sep 30, 2024 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $185 | Buy → Hold | Downgrades | $185 | +9.77% | Sep 20, 2024 |
Financial Forecast
Revenue This Year
94.75B
from 91.47B
Increased by 3.58%
Revenue Next Year
98.79B
from 94.75B
Increased by 4.27%
EPS This Year
8.24
from 6.56
Increased by 25.58%
EPS Next Year
8.85
from 8.24
Increased by 7.38%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 99.1B | 104.4B | 109.1B | ||
| Avg | 94.7B | 98.8B | 103.1B | ||
| Low | 91.2B | 94.5B | 98.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.3% | 10.1% | 10.4% | ||
| Avg | 3.6% | 4.3% | 4.3% | ||
| Low | -0.2% | -0.2% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.61 | 9.31 | 10.05 | ||
| Avg | 8.24 | 8.85 | 9.51 | ||
| Low | 7.94 | 8.45 | 8.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.3% | 13.0% | 13.6% | ||
| Avg | 25.6% | 7.4% | 7.5% | ||
| Low | 21.0% | 2.5% | 0.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.