PepsiCo, Inc. (PEP)
NASDAQ: PEP · Real-Time Price · USD
174.37
-0.64 (-0.37%)
At close: Oct 22, 2024, 4:00 PM
174.11
-0.26 (-0.15%)
After-hours: Oct 22, 2024, 6:21 PM EDT
PepsiCo Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for PepsiCo stock have an average target of 184.23, with a low estimate of 170 and a high estimate of 200. The average target predicts an increase of 5.65% from the current stock price of 174.37.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PepsiCo stock from 14 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 5 | 5 | 5 | 4 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 6 | 7 | 5 | 5 | 6 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 13 | 13 | 13 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades $190 → $183 | Strong Buy → Hold | Downgrades | $190 → $183 | +4.95% | Oct 10, 2024 |
| Barclays | Barclays | Buy Maintains $186 → $183 | Buy | Maintains | $186 → $183 | +4.95% | Oct 10, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $185 → $183 | Hold | Maintains | $185 → $183 | +4.95% | Oct 9, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $180 → $179 | Hold | Maintains | $180 → $179 | +2.66% | Oct 9, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $176 | Hold | Reiterates | $176 | +0.93% | Oct 9, 2024 |
Financial Forecast
Revenue This Year
94.75B
from 91.47B
Increased by 3.58%
Revenue Next Year
98.79B
from 94.75B
Increased by 4.27%
EPS This Year
8.24
from 6.56
Increased by 25.58%
EPS Next Year
8.85
from 8.24
Increased by 7.38%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 99.1B | 104.4B | 109.1B | ||
| Avg | 94.7B | 98.8B | 103.1B | ||
| Low | 91.2B | 94.5B | 98.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.3% | 10.1% | 10.4% | ||
| Avg | 3.6% | 4.3% | 4.3% | ||
| Low | -0.2% | -0.2% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.61 | 9.31 | 10.05 | ||
| Avg | 8.24 | 8.85 | 9.51 | ||
| Low | 7.94 | 8.45 | 8.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.3% | 13.0% | 13.6% | ||
| Avg | 25.6% | 7.4% | 7.5% | ||
| Low | 21.0% | 2.5% | 0.7% |
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.