PepsiCo, Inc. (PEP)
NASDAQ: PEP · IEX Real-Time Price · USD
169.08
-1.29 (-0.76%)
Jul 19, 2024, 2:17 PM EDT - Market open

PepsiCo Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for PepsiCo stock have an average target of 186.71, with a low estimate of 170 and a high estimate of 200. The average target predicts an increase of 10.43% from the current stock price of 169.08.

Analyst Consensus: Buy
Target Low Average Median High
Price $170 $186.71 $190 $200
Change +0.54% +10.43% +12.37% +18.29%

Analyst Ratings

The average analyst rating for PepsiCo stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 553335
Buy 233333
Hold 766677
Sell 000000
Strong Sell 000000
Total 141412121315

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Maintains
$190$185
Buy Maintains $190$185 +9.42% Jul 12, 2024
Barclays
Barclays
Buy
Maintains
$180$179
Buy Maintains $180$179 +5.87% Jul 12, 2024
JP Morgan
JP Morgan
Hold
Maintains
$184$182
Hold Maintains $184$182 +7.64% Jul 12, 2024
RBC Capital
RBC Capital
Hold
Maintains
$180$177
Hold Maintains $180$177 +4.68% Jul 12, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$175$170
Hold Maintains $175$170 +0.54% Jul 10, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
95.47B
from 91.47B
Increased by 4.37%
Revenue Next Year
99.93B
from 95.47B
Increased by 4.67%
EPS This Year
8.25
from 6.56
Increased by 25.75%
EPS Next Year
8.92
from 8.25
Increased by 8.15%
Year 2019202020212022202320242025202620272028
Revenue
67.16B70.37B79.47B86.39B91.47B95.47B99.93B104.26B109.37B115.19B
Revenue Growth
3.87%4.78%12.93%8.70%5.88%4.37%4.67%4.33%4.90%5.32%
EPS
5.205.125.496.426.568.258.929.599.9910.75
EPS Growth
-40.77%-1.54%7.23%16.94%2.18%25.75%8.15%7.50%4.16%7.59%
Forward PE
-----20.5018.9517.6316.9315.73
No. Analysts -----24241533
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 99.9B 105.1B 110.4B 114.9B 121.3B
Avg 95.5B 99.9B 104.3B 109.4B 115.2B
Low 91.5B 94.9B 98.7B 104.1B 109.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
9.2%
10.1%
10.4%
10.2%
10.9%
Avg
4.4%
4.7%
4.3%
4.9%
5.3%
Low
0.0%
-0.6%
-1.2%
-0.2%
0.1%

EPS Forecast

EPS 20242025202620272028
High 8.66 9.45 10.18 10.40 11.27
Avg 8.25 8.92 9.59 9.99 10.75
Low 7.95 8.53 8.97 9.68 10.34

EPS Growth

EPS Growth 20242025202620272028
High
32.1%
14.6%
14.1%
8.4%
12.8%
Avg
25.7%
8.1%
7.5%
4.2%
7.6%
Low
21.2%
3.4%
0.5%
1.0%
3.5%
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.