PepsiCo, Inc. (PEP)
NASDAQ: PEP · Real-Time Price · USD
144.27
+0.54 (0.38%)
At close: Jun 12, 2026, 4:00 PM EDT
144.31
+0.04 (0.03%)
After-hours: Jun 12, 2026, 7:57 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 $168.5. The average 1-year stock price forecast is 16.79% higher than the current stock price, while the lowest is $132 (-8.50%) and the highest is $195 (+35.16%).

Price Target: $168.5 (+16.79%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$132$168.5$171.5$195
Change-8.50%+16.79%+18.87%+35.16%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy444444
Buy433444
Hold141515141415
Sell000000
Strong Sell211111
Total242323232324

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
TD Cowen
TD Cowen
Hold
Maintains
$165$150
HoldMaintains$165$150+3.97%Jun 12, 2026
Piper Sandler
Piper Sandler
Buy
Maintains
$181$178
BuyMaintains$181$178+23.38%Jun 12, 2026
Unknown Analyst
Bernstein
No rating
Bernstein
Hold
Initiates
$143
HoldInitiates$143-0.88%Jun 11, 2026
RBC Capital
RBC Capital
Hold
Maintains
$163
HoldMaintains$163+12.98%Jun 11, 2026
Wells Fargo
Wells Fargo
Hold
Reiterates
$160$150
HoldReiterates$160$150+3.97%Jun 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
99.00B
from 93.93B
Increased by 5.40%
Revenue Next Year
102.13B
from 99.00B
Increased by 3.16%
EPS This Year
8.66
from 8.14
Increased by 6.36%
EPS Next Year
9.14
from 8.66
Increased by 5.56%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 25, 2021Dec 31, 2022Dec 30, 2023Dec 28, 2024Dec 27, 2025Dec 31, 2026
Revenue
79.47B86.39B91.47B91.85B93.93B99.00B
Revenue Growth
12.93%8.71%5.88%0.42%2.26%5.40%
Gross Profit
42.43B46.05B49.74B50.42B51.15B53.87B
Gross Margin
53.39%53.30%54.38%54.89%54.46%54.42%
Operating Income
11.86B12.31B14.00B14.88B14.98B16.07B
Net Income
7.62B8.91B9.07B9.58B8.24B10.95B
EPS
----8.148.66
EPS Growth
-----0.25%6.36%
Forward PE
26.1025.2221.2418.0516.9316.66
Dividend / Share
4.254.534.955.335.625.87
Dividend Growth
-6.53%9.28%7.79%5.49%4.47%
Free Cash Flow
5.19B6.68B7.57B7.20B8.23B11.09B
No. Analysts
-----20
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High100.3B
Avg99.0B
Low97.9B

Revenue Growth

Revenue Growth202620272028
High
6.8%
Avg
5.4%
Low
4.3%

EPS Forecast

EPS202620272028
High9.55
Avg8.66
Low8.50

EPS Growth

EPS Growth202620272028
High
17.3%
Avg
6.4%
Low
4.4%