PepsiCo, Inc. (PEP)
NASDAQ: PEP · Real-Time Price · USD
150.01
-1.21 (-0.80%)
Dec 16, 2025, 3:17 PM EST - Market open
PepsiCo Stock Forecast
Stock Price Forecast
The 15 analysts that cover PepsiCo stock have a consensus rating of "Buy" and an average price target of $159.87, which forecasts a 6.57% increase in the stock price over the next year. The lowest target is $140 and the highest is $178.
Price Target: $159.87 (+6.57%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PepsiCo stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 3 |
| Hold | 10 | 10 | 10 | 11 | 11 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 15 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $142 → $144 | Hold | Maintains | $142 → $144 | -4.01% | Dec 11, 2025 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $151 → $164 | Hold → Buy | Upgrades | $151 → $164 | +9.33% | Dec 10, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $161 → $172 | Buy | Maintains | $161 → $172 | +14.66% | Dec 9, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $162 → $161 | Buy | Maintains | $162 → $161 | +7.33% | Nov 21, 2025 |
| Freedom Capital Markets | Freedom Capital Markets | Strong Buy → Hold Downgrades $170 → $164 | Strong Buy → Hold | Downgrades | $170 → $164 | +9.33% | Oct 23, 2025 |
Financial Forecast
Revenue This Year
94.37B
from 91.85B
Increased by 2.74%
Revenue Next Year
97.55B
from 94.37B
Increased by 3.37%
EPS This Year
8.19
from 6.95
Increased by 17.89%
EPS Next Year
8.65
from 8.19
Increased by 5.62%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 98.6B | 103.2B | ||||
| Avg | 94.4B | 97.6B | ||||
| Low | 90.4B | 92.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 7.4% | 9.4% | ||||
| Avg | 2.7% | 3.4% | ||||
| Low | -1.6% | -2.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 8.54 | 9.17 | ||||
| Avg | 8.19 | 8.65 | ||||
| Low | 7.92 | 8.02 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 22.8% | 11.9% | ||||
| Avg | 17.9% | 5.6% | ||||
| Low | 13.9% | -2.2% |
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.