PepsiCo, Inc. (PEP)
NASDAQ: PEP · Real-Time Price · USD
155.41
-1.09 (-0.70%)
Mar 18, 2026, 11:59 AM EDT - Market open
PepsiCo Stock Forecast
Stock Price Forecast
The 13 analysts that cover PepsiCo stock have a consensus rating of "Buy" and an average price target of $161.85, which forecasts a 4.14% increase in the stock price over the next year. The lowest target is $140 and the highest is $182.
Price Target: $161.85 (+4.14%)
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 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 1 | 1 | 3 | 3 | 3 | 3 |
| Hold | 11 | 11 | 10 | 9 | 9 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 16 | 15 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $172 → $181 | Buy | Maintains | $172 → $181 | +16.47% | Mar 12, 2026 |
| TD Cowen | TD Cowen | Hold Maintains $162 → $165 | Hold | Maintains | $162 → $165 | +6.17% | Feb 20, 2026 |
| Citigroup | Citigroup | Strong Buy Maintains $170 → $182 | Strong Buy | Maintains | $170 → $182 | +17.11% | Feb 4, 2026 |
| JP Morgan | JP Morgan | Buy Maintains $164 → $176 | Buy | Maintains | $164 → $176 | +13.25% | Feb 4, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $154 → $165 | Hold | Maintains | $154 → $165 | +6.17% | Feb 4, 2026 |
Financial Forecast
Revenue This Year
99.48B
from 93.93B
Increased by 5.91%
Revenue Next Year
102.64B
from 99.48B
Increased by 3.18%
EPS This Year
8.71
from 6.00
Increased by 45.23%
EPS Next Year
9.30
from 8.71
Increased by 6.69%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 104.6B | 109.4B | |||
| Avg | 99.5B | 102.6B | |||
| Low | 95.5B | 98.2B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 11.4% | 10.0% | |||
| Avg | 5.9% | 3.2% | |||
| Low | 1.7% | -1.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 9.18 | 10.02 | |||
| Avg | 8.71 | 9.30 | |||
| Low | 8.38 | 8.76 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 53.0% | 15.0% | |||
| Avg | 45.2% | 6.7% | |||
| Low | 39.7% | 0.5% |
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.