PepsiCo Stock Forecast

Stock Price Forecast

According to 24 analysts polled by S&P Global, PepsiCo stock has a consensus rating of "Hold" and an average price target of $141.59. The average 1-year stock price forecast is 1.99% higher than the current stock price, while the lowest is $106 (-23.65%) and the highest is $169 (+21.73%).

Price Target: $141.59 (+1.99%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$106	$141.59	$140.5	$169
Change	-23.65%	+1.99%	+1.20%	+21.73%

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

Chart

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	4	4	3	3	3	4
Buy	4	4	4	4	2	2
Hold	14	15	16	16	18	17
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	23	24	24	24	24	24

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Galbo Bank of America Securities	Bank of America Securities	Hold Maintains $145	Hold	Maintains	$145	+4.44%	Oct 16, 2026
Alexia Burland Howard Bernstein	Bernstein	Hold Maintains $131	Hold	Maintains	$131	-5.64%	Oct 14, 2026
Lauren Lieberman Barclays	Barclays	Hold Maintains $133 → $126	Hold	Maintains	$133 → $126	-9.24%	Oct 12, 2026
Georgy Vashchenko Freedom Capital Markets	Freedom Capital Markets	Buy Upgrades $162 → $147	Buy	Upgrades	$162 → $147	+5.88%	Oct 10, 2026
Andrea Faria Teixeira J.P. Morgan	J.P. Morgan	Hold Maintains $138 → $137	Hold	Maintains	$138 → $137	-1.32%	Oct 9, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

99.30B

from 93.93B

5.72%

from 93.93B

Revenue Next Year

101.77B

from 99.30B

2.49%

from 99.30B

EPS This Year

8.40

from 8.14

3.15%

from 8.14

EPS Next Year

8.64

from 8.40

2.89%

from 8.40

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 25, 2021	Dec 31, 2022	Dec 30, 2023	Dec 28, 2024	Dec 27, 2025	Dec 31, 2026
Revenue	79.47B	86.39B	91.47B	91.85B	93.93B	99.30B
Revenue Growth	12.93%	8.71%	5.88%	0.42%	2.26%	5.72%
Gross Profit	42.43B	46.05B	49.74B	50.42B	51.15B	53.73B
Gross Margin	53.39%	53.30%	54.38%	54.89%	54.46%	54.10%
Operating Income	11.86B	12.31B	14.00B	14.88B	14.98B	15.48B
Net Income	7.62B	8.91B	9.07B	9.58B	8.24B	11.38B
EPS	-	-	-	-	8.14	8.40
EPS Growth	-	-	-	-	-0.25%	3.15%
Forward PE	26.10	25.22	21.24	18.05	16.93	16.54
Dividend / Share	4.25	4.53	4.95	5.33	5.62	5.85
Dividend Growth	5.59%	6.53%	9.28%	7.79%	5.49%	4.10%
Free Cash Flow	-	-	-	-	7.67B	10.49B
No. Analysts	-	-	-	-	-	19

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	99.6B
Avg	99.3B
Low	99.1B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	6.1%
Avg	5.7%
Low	5.5%

EPS Forecast

Chart

EPS	2026	2027	2028
High	8.47
Avg	8.40
Low	8.35

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	4.1%
Avg	3.1%
Low	2.6%