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PepsiCo (PEP): analyst forecast and price target

$131 +2.42% close 16.10.26 · market cap $175B · Consumerdefensive · Beverages - Non-Alcoholic QQQ 0.75%SPY 0.26%
Price targets and ratings of

Analyst consensus

Hold

2 Buy6 Hold0 Sell

Ratings of 8 analysts in the last 3 months · top analysts only

12-month forecast

$140+6.3% upside

Based on 8 price targets given in the last 3 months, the average target is $140, the highest $165, the lowest $126. The average is +6.3% from the last price of $131.

$140$160Jan 26AprJulOctJan 27AprJulOctHigh$165Average$140Low$126
Highest target $165 Average target $140 Lowest target $126
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Peter Galbo★★★★★★★★★★#4157 · hits 54% · avg +2.5% Bank of America Securities $145 Hold +10.3% Reiterated 16.10.26on TipRanks 06:35 +3.5%
Alexia Burland Howard★★★★★★★★★★#12038 · hits 41% · avg −8.2% Bernstein $131 Hold −0.4% Reiterated 13.10.26on TipRanks Oct 14 06:07 +0.5%next day +2.6%
Lauren Lieberman★★★★★★★★★★#2069 · hits 57% · avg +4.4% Barclays $133 → $126−5.3% Hold −4.2% Reiterated 12.10.26on TipRanks 05:07 +0.6%next day +0.5%
Georgy Vashchenko★★★★★★★★★★#8914 · hits 0% · avg −1.6% Freedom Capital Markets $162 → $147−9.3% Buy +11.8% Upgrade 10.10.26on TipRanks 09:30 +0.6%next day +0.5%
Taylor Conrad★★★★★★★★★★#2766 · hits 62% · avg +8.8% Argus Research — Hold — Reiterated 09.10.26on TipRanks Oct 12 09:06 −2.4%next day +0.6% · 5 days +6.3%
Zheng Feng Chee★★★★★★★★★★#9077 · hits 59% · avg −0.3% DBS $138 Hold +5.0% Reiterated 09.10.26on TipRanks Oct 12 09:06 −2.4%next day +0.6% · 5 days +6.3%
Robert Moskow★★★★★★★★★★#7983 · hits 46% · avg +0.1% TD Cowen $133 Hold +1.1% Reiterated 09.10.26on TipRanks Oct 12 05:15 −2.4%next day +0.6% · 5 days +6.3%
Andrea Faria Teixeira★★★★★★★★★★#5934 · hits 49% · avg +0.8% J.P. Morgan $138 → $137−0.7% Hold +4.2% Reiterated 09.10.26on TipRanks 10:15 −2.4%next day +0.6% · 5 days +6.3%
Filippo Falorni★★★★★★★★★★#5471 · hits 56% · avg +1.6% Citi $142 → $135−4.9% Hold +2.7% Reiterated 09.10.26on TipRanks 10:05 −2.4%next day +0.6% · 5 days +6.3%
Dara Mohsenian★★★★★★★★★★#983 · hits 63% · avg +7.7% Morgan Stanley $160 → $145−9.4% Hold +10.3% Reiterated 09.10.26on TipRanks 09:50 −2.4%next day +0.6% · 5 days +6.3%
Stephen Powers★★★★★★★★★★#2604 · hits 62% · avg +3.7% Deutsche Bank $138 → $132−4.3% Hold +0.4% Reiterated 09.10.26on TipRanks 09:15 −2.4%next day +0.6% · 5 days +6.3%
Peter Grom★★★★★★★★★★#10681 · hits 52% · avg −1.8% UBS $145 Buy +10.3% Reiterated 09.10.26on TipRanks 09:15 −2.4%next day +0.6% · 5 days +6.3%
Robert Ottenstein★★★★★★★★★★#2795 · hits 54% · avg +4.0% Evercore ISI $135 Hold +2.7% Reiterated 09.10.26on TipRanks 08:25 −2.4%next day +0.6% · 5 days +6.3%
Michael Lavery★★★★★★★★★★#2684 · hits 49% · avg +4.4% Piper Sandler $176 → $140−20.5% Buy +6.5% Reiterated 09.10.26on TipRanks 07:11 −2.4%next day +0.6% · 5 days +6.3%
Christopher Carey★★★★★★★★★★#3340 · hits 50% · avg +3.2% Wells Fargo $135 Hold +2.7% Reiterated 08.10.26on TipRanks Oct 9 05:50 +4.1%next day −2.4% · 5 days +0.3%
Bonnie Herzog★★★★★★★★★★#1839 · hits 57% · avg +5.7% Goldman Sachs $180 → $165−8.3% Buy +25.5% Reiterated 08.10.26on TipRanks 17:25 −2.4%next day +0.6% · 5 days +6.3%
Nik Modi★★★★★★★★★★#5747 · hits 52% · avg +0.9% RBC Capital $150 Hold +14.1% Reiterated 06.10.26on TipRanks 08:05 −0.5%next day −1.3% · 5 days +1.4%
Kaumil Gajrawala★★★★★★★★★★#10340 · hits 50% · avg −1.1% Jefferies $152 Hold +15.6% Reiterated 10.07.26on TipRanks 08:30 −0.8%next day +1.6% · 5 days +1.4%
Kevin Grundy★★★★★★★★★★#1884 · hits 62% · avg +4.5% Exane BNP Paribas $195 → $183−6.2% Buy +39.2% Reiterated 08.07.26on TipRanks 11:15 −1.4%next day −4.1% · 5 days −6.3%
Unknown Analyst Erste Group — Hold — Reiterated 24.06.26on TipRanks Jun 25 09:00 +0.2%next day −2.1% · 5 days −2.5%
Cristian Rios★★★★★★★★★★#8210 · hits 100% · avg +2.0% Bernstein $143 Hold +8.8% Initiated 11.06.26on TipRanks Jun 12 06:35 −2.1%next day −0.2% · 5 days −2.7%
Axel Herlinghaus★★★★★★★★★★#2629 · hits 57% · avg +6.5% DZ BANK AG $167 Buy +27.0% Upgrade 21.10.25on TipRanks 05:40 −0.3%next day +0.4% · 5 days −4.3%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering PepsiCo

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Peter Grom★★★★★★★★★★UBS · #10681
Hits 52%130 of 249 Average return −1.8%
1 year Kevin Grundy★★★★★★★★★★Exane BNP Paribas · #1884
Hits 62%265 of 429 Average return +4.5%
2 years Kevin Grundy★★★★★★★★★★Exane BNP Paribas · #1884
Hits 62%265 of 429 Average return +4.5%

Most profitable

3 months Peter Grom★★★★★★★★★★UBS · #10681
Hits 52%130 of 249 Average return −1.8%
1 year Kevin Grundy★★★★★★★★★★Exane BNP Paribas · #1884
Hits 62%265 of 429 Average return +4.5%
2 years Kevin Grundy★★★★★★★★★★Exane BNP Paribas · #1884
Hits 62%265 of 429 Average return +4.5%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $151 at a price of $127 (+19.5%); now: $140 at $131 (+6.4%).

$130$140$150Sep 15Oct 1Oct 15Top analysts$140Average target$140Price$131

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

01020912Oct 25811Nov1012Dec78Jan 261014Feb910Mar1313Apr118May109Jun1012Jul911Aug615Sep415Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy111010964
Hold8912111515
Sell000000

Earnings and sales forecast

Next report: 11.02.27 (Q4 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $2.24 (from $2.19 to $2.32). Last quarter: $2.34.

Sales

Next quarter’s sales estimate — $30.4B (from $30.2B to $30.7B). Last quarter: $25.3B.

Best top-analyst consensus in the sector · Consumerdefensive

JBSJBS
MAMAMama's Creations
WMTWalmart
BGBunge Global
TPBTurning Point Brands
About PepsiCo
  • CEO: Ramon Luis Laguarta
  • Employees: 306,000
  • 700 Anderson Hill Road, Purchase, NY, 10577, US
  • www.pepsico.com

PepsiCo, Inc. is a global enterprise that creates, promotes, and supplies a diverse array of drinks and easy-to-prepare food items across the globe. Its operations are structured into seven primary divisions: Frito-Lay North America, Quaker Foods North America, PepsiCo Beverages North America, Latin America, Europe, Africa/Middle East/South Asia, and the Asia Pacific, Australia, New Zealand, and China Region. The company's extensive product catalog encompasses popular snack foods like various dips, cheese snacks, spreads, and a range of chips (including corn, potato, and tortilla varieties). Its pantry staples feature cereals, rice, pasta, baking mixes, beverage syrups, granola bars, grits, oatmeal, rice cakes, and ready-made side dishes. In the beverage sector, PepsiCo offers concentrated syrups, fountain beverages, pre-packaged drinks, ready-to-consume teas, coffees, fruit juices, dairy-based items, and home carbonation systems with associated goods. PepsiCo reaches its broad clientele, which includes wholesale partners, food service providers, various retail outlets like supermarkets, pharmacies, convenience shops, discount stores, large-format retailers, membership-based stores, hard discount retailers, online merchants, and approved independent bottlers. This widespread distribution is achieved via direct store delivery, customer warehouse systems, and comprehensive distributor networks, along with direct sales to consumers through digital commerce channels and retail partners. Established in 1898, the corporation maintains its principal office in Purchase, New York.

Data from the stock’s TipRanks forecast page, read 2 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗