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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

4 Buy13 Hold0 Sell

Ratings of 17 analysts in the last 3 months

12-month forecast

$140+6.4% upside

Based on 17 price targets given in the last 3 months, the average target is $140, the highest $165, the lowest $126. The average is +6.4% 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%
Peter Galbo★★★★★★★★★★#4157 · hits 54% · avg +2.5% Bank of America Securities — Hold — Assigned 08.10.26on TipRanks Oct 9 04:50 +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%
Lauren Lieberman★★★★★★★★★★#2069 · hits 57% · avg +4.4% Barclays $133 Hold +1.1% Reiterated 08.10.26on TipRanks 05:25 +4.1%next day −2.4% · 5 days +0.3%
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%
Bonnie Herzog★★★★★★★★★★#1839 · hits 57% · avg +5.7% Goldman Sachs $180 Buy +36.9% Reiterated 05.10.26on TipRanks 08:35 −0.9%next day −0.5% · 5 days +0.4%
Christopher Carey★★★★★★★★★★#3340 · hits 50% · avg +3.2% Wells Fargo $140 → $135−3.6% Hold +2.7% Reiterated 05.10.26on TipRanks 07:16 −0.9%next day −0.5% · 5 days +0.4%
Peter Grom★★★★★★★★★★#10681 · hits 52% · avg −1.8% UBS $159 → $145−8.8% Buy +10.3% Assigned 02.10.26on TipRanks 10:00 −0.5%next day −0.9% · 5 days −1.1%
Lauren Lieberman★★★★★★★★★★#2069 · hits 57% · avg +4.4% Barclays $142 → $133−6.3% Hold +1.1% Reiterated 30.09.26on TipRanks Oct 1 05:15 −1.3%next day −1.1% · 5 days −4.3%
Robert Ottenstein★★★★★★★★★★#2795 · hits 54% · avg +4.0% Evercore ISI $150 → $135−10.0% Hold +2.7% Reiterated 30.09.26on TipRanks 08:10 −1.3%next day −1.1% · 5 days −4.3%
Andrea Faria Teixeira★★★★★★★★★★#5934 · hits 49% · avg +0.8% J.P. Morgan $170 → $138−18.8% Hold +5.0% Downgrade 29.09.26on TipRanks 05:01 +0.3%next day −1.3% · 5 days −4.3%
Robert Moskow★★★★★★★★★★#7983 · hits 46% · avg +0.1% TD Cowen $145 → $133−8.3% Hold +1.1% Reiterated 28.09.26on TipRanks 06:30 +0.6%next day +0.3% · 5 days −3.4%
Stephen Powers★★★★★★★★★★#2604 · hits 62% · avg +3.7% Deutsche Bank $155 → $138−11.0% Hold +5.0% Downgrade 28.09.26on TipRanks 05:10 +0.6%next day +0.3% · 5 days −3.4%
Filippo Falorni★★★★★★★★★★#5471 · hits 56% · avg +1.6% Citi $145 → $142−2.1% Hold +8.0% Reiterated 25.09.26on TipRanks 06:50 −0.2%next day +0.6% · 5 days −1.9%
Peter Galbo★★★★★★★★★★#4157 · hits 54% · avg +2.5% Bank of America Securities $152 Hold +15.6% Reiterated 18.09.26on TipRanks 06:50 −3.1%next day −1.7% · 5 days −2.1%
Michael Lavery★★★★★★★★★★#2684 · hits 49% · avg +4.4% Piper Sandler $176 Buy +33.9% Reiterated 21.08.26on TipRanks 06:45 +0.6%next day +1.1% · 5 days −2.2%
Lauren Lieberman★★★★★★★★★★#2069 · hits 57% · avg +4.4% Barclays $138 → $142+2.9% Hold +8.0% Assigned 21.07.26on TipRanks Jul 24 05:08 −1.2%next day +0.6% · 5 days +6.8%
Nik Modi★★★★★★★★★★#5747 · hits 52% · avg +0.9% RBC Capital $161 Hold +22.4% Reiterated 20.07.26on TipRanks Jul 24 05:08 −1.0%next day −1.2% · 5 days +3.6%
Zheng Feng Chee★★★★★★★★★★#9077 · hits 59% · avg −0.3% DBS $175 → $141−19.4% Hold +7.2% Reiterated 10.07.26on TipRanks Jul 13 05:45 −0.8%next day +1.6% · 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%
Dara Mohsenian★★★★★★★★★★#983 · hits 63% · avg +7.7% Morgan Stanley $180 → $160−11.1% Hold +21.7% Reiterated 10.07.26on TipRanks 06:25 −0.8%next day +1.6% · 5 days +1.4%
Christopher Carey★★★★★★★★★★#3340 · hits 50% · avg +3.2% Wells Fargo $150 → $140−6.7% Hold +6.5% Assigned 10.07.26on TipRanks 05:30 −0.8%next day +1.6% · 5 days +1.4%
Bonnie Herzog★★★★★★★★★★#1839 · hits 57% · avg +5.7% Goldman Sachs $183 → $180−1.6% Buy +36.9% Reiterated 09.07.26on TipRanks Jul 10 08:30 −4.1%next day −0.8% · 5 days +1.3%
Peter Grom★★★★★★★★★★#10681 · hits 52% · avg −1.8% UBS $172 → $159−7.6% Buy +20.9% Reiterated 09.07.26on TipRanks 13:26 −4.1%next day −0.8% · 5 days +1.3%
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%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

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

0102030401223Oct 251122Nov1121Dec814Jan 261226Feb1119Mar1624Apr1313May1219Jun1225Jul1125Aug826Sep725Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy1312121187
Hold131925252625
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 30 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗