PepsiCo logo
PepsiCo, Inc. (PEP)
NASDAQ: PEP · Real-Time Price · USD
126.63
-0.05 (-0.04%)
Oct 13, 2026, 12:58 PM EDT - Market open

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 $142.41. The average 1-year stock price forecast is 12.46% higher than the current stock price, while the lowest is $124 (-2.08%) and the highest is $169 (+33.46%).

Price Target: $142.41 (+12.46%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$124$142.41$140.5$169
Change-2.08%+12.46%+10.95%+33.46%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy443334
Buy444422
Hold141516161817
Sell000000
Strong Sell111111
Total232424242424

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Hold
Maintains
$133 → $126
HoldMaintains$133 → $126-0.50%Oct 12, 2026
Freedom Capital Markets
Freedom Capital Markets
Buy
Upgrades
$162 → $147
BuyUpgrades$162 → $147+16.09%Oct 10, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$138 → $137
HoldMaintains$138 → $137+8.19%Oct 9, 2026
Citi
Citi
Hold
Maintains
$142 → $135
HoldMaintains$142 → $135+6.61%Oct 9, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$160 → $145
HoldMaintains$160 → $145+14.51%Oct 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
99.31B
from 93.93B
Increased by 5.73%
Revenue Next Year
101.80B
from 99.31B
Increased by 2.51%
EPS This Year
8.40
from 8.14
Increased by 3.15%
EPS Next Year
8.66
from 8.40
Increased by 3.17%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 25, 2021Dec 31, 2022Dec 30, 2023Dec 28, 2024Dec 27, 2025Dec 31, 2026
Revenue
79.47B86.39B91.47B91.85B93.93B99.31B
Revenue Growth
12.93%8.71%5.88%0.42%2.26%5.73%
Gross Profit
42.43B46.05B49.74B50.42B51.15B53.73B
Gross Margin
53.39%53.30%54.38%54.89%54.46%54.10%
Operating Income
11.86B12.31B14.00B14.88B14.98B15.48B
Net Income
7.62B8.91B9.07B9.58B8.24B11.40B
EPS
----8.148.40
EPS Growth
-----0.25%3.15%
Forward PE
26.1025.2221.2418.0516.9315.08
Dividend / Share
4.254.534.955.335.625.85
Dividend Growth
5.59%6.53%9.28%7.79%5.49%4.11%
Free Cash Flow
----7.67B10.38B
No. Analysts
-----18
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High99.6B
Avg99.3B
Low99.1B

Revenue Growth

Revenue Growth202620272028
High
6.1%
Avg
5.7%
Low
5.5%

EPS Forecast

EPS202620272028
High8.47
Avg8.40
Low8.35

EPS Growth

EPS Growth202620272028
High
4.1%
Avg
3.2%
Low
2.6%