PepsiCo, Inc. (PEP)
NASDAQ: PEP · Real-Time Price · USD
136.64
+1.69 (1.25%)
At close: Jul 24, 2026, 4:00 PM EDT
136.82
+0.18 (0.13%)
After-hours: Jul 24, 2026, 7:59 PM EDT

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 $155.91. The average 1-year stock price forecast is 14.10% higher than the current stock price, while the lowest is $124 (-9.25%) and the highest is $183 (+33.93%).

Price Target: $155.91 (+14.10%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$124$155.91$155$183
Change-9.25%+14.10%+13.44%+33.93%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy444443
Buy334444
Hold151514141516
Sell000000
Strong Sell111111
Total232323232424

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Hold
Reiterates
$138$142
HoldReiterates$138$142+3.92%Jul 21, 2026
RBC Capital
RBC Capital
Hold
Maintains
$161
HoldMaintains$161+17.83%Jul 20, 2026
Citi
Citi
Hold
Downgrades
n/a
HoldDowngradesn/an/aJul 16, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$183$180
BuyMaintains$183$180+31.73%Jul 10, 2026
Deutsche Bank
Deutsche Bank
Buy
Maintains
$168$155
BuyMaintains$168$155+13.44%Jul 10, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
98.95B
from 93.93B
Increased by 5.35%
Revenue Next Year
101.89B
from 98.95B
Increased by 2.96%
EPS This Year
8.56
from 8.14
Increased by 5.22%
EPS Next Year
8.99
from 8.56
Increased by 4.93%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 25, 2021Dec 31, 2022Dec 30, 2023Dec 28, 2024Dec 27, 2025Dec 31, 2026
Revenue
79.47B86.39B91.47B91.85B93.93B98.95B
Revenue Growth
12.93%8.71%5.88%0.42%2.26%5.35%
Gross Profit
42.43B46.05B49.74B50.42B51.15B53.62B
Gross Margin
53.39%53.30%54.38%54.89%54.46%54.18%
Operating Income
11.86B12.31B14.00B14.88B14.98B15.89B
Net Income
7.62B8.91B9.07B9.58B8.24B10.84B
EPS
----8.148.56
EPS Growth
-----0.25%5.22%
Forward PE
26.1025.2221.2418.0516.9315.95
Dividend / Share
4.254.534.955.335.625.84
Dividend Growth
-6.53%9.28%7.79%5.49%3.91%
Free Cash Flow
5.19B6.68B7.57B7.20B8.23B10.54B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High100.0B
Avg99.0B
Low97.9B

Revenue Growth

Revenue Growth202620272028
High
6.5%
Avg
5.4%
Low
4.3%

EPS Forecast

EPS202620272028
High8.68
Avg8.56
Low8.44

EPS Growth

EPS Growth202620272028
High
6.6%
Avg
5.2%
Low
3.7%