PepsiCo, Inc. (PEP)
NASDAQ: PEP · Real-Time Price · USD
150.57
+1.72 (1.16%)
At close: May 22, 2026, 4:00 PM EDT
150.30
-0.27 (-0.18%)
After-hours: May 22, 2026, 7:58 PM EDT
PepsiCo Stock Forecast
Stock Price Forecast
According to 23 analysts polled by S&P Global, PepsiCo stock has a consensus rating of "Hold" and an average price target of $171.05. The average 1-year stock price forecast is 13.60% higher than the current stock price, while the lowest is $132 (-12.33%) and the highest is $195 (+29.51%).
Price Target: $171.05 (+13.60%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for PepsiCo stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 10 | 9 | 9 | 8 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 15 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $165 → $160 | Hold | Maintains | $165 → $160 | +6.26% | May 18, 2026 |
| Barclays | Barclays | Hold Maintains $154 → $158 | Hold | Maintains | $154 → $158 | +4.93% | Apr 20, 2026 |
| JP Morgan | JP Morgan | Buy Maintains $172 → $178 | Buy | Maintains | $172 → $178 | +18.22% | Apr 17, 2026 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $165 → $170 | Hold | Maintains | $165 → $170 | +12.90% | Apr 17, 2026 |
| Barclays | Barclays | Hold Maintains $160 → $154 | Hold | Maintains | $160 → $154 | +2.28% | Apr 14, 2026 |
Financial Forecast
Revenue This Year
100.07B
from 93.93B
Increased by 6.54%
Revenue Next Year
103.23B
from 100.07B
Increased by 3.15%
EPS This Year
8.74
from 6.00
Increased by 45.74%
EPS Next Year
9.23
from 8.74
Increased by 5.55%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 105.3B | 109.9B | ||||||
| Avg | 100.1B | 103.2B | ||||||
| Low | 96.5B | 98.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 12.1% | 9.8% | ||||||
| Avg | 6.5% | 3.2% | ||||||
| Low | 2.8% | -1.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 10.03 | 9.80 | ||||||
| Avg | 8.74 | 9.23 | ||||||
| Low | 8.37 | 8.71 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 67.1% | 12.0% | ||||||
| Avg | 45.7% | 5.5% | ||||||
| Low | 39.5% | -0.3% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.