PepsiCo (NASDAQ:PEP) Price Target Raised to $183.00 at The Goldman Sachs Group

PepsiCo (NASDAQ:PEP) had its price objective boosted by The Goldman Sachs Group from $180.00 to $183.00 in a report published on Friday,MarketScreener reports. The brokerage currently has a buy rating on the stock.

A number of other analysts have also issued reports on PEP. Morgan Stanley increased their price target on shares of PepsiCo from $165.00 to $180.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Citigroup raised their price objective on shares of PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. BNP Paribas Exane raised their price objective on shares of PepsiCo from $191.00 to $195.00 and gave the company an “outperform” rating in a research report on Friday. Piper Sandler raised their price objective on shares of PepsiCo from $172.00 to $181.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. Finally, Wall Street Zen raised shares of PepsiCo from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $170.05.

PepsiCo Price Performance

NASDAQ PEP opened at $157.67 on Friday. The company has a 50 day simple moving average of $159.79 and a 200-day simple moving average of $151.58. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.90 and a quick ratio of 0.67. The firm has a market capitalization of $215.53 billion, a price-to-earnings ratio of 24.75, a price-to-earnings-growth ratio of 3.06 and a beta of 0.40. PepsiCo has a 52-week low of $127.60 and a 52-week high of $171.48.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings results on Thursday, April 16th. The company reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.06. The business had revenue of $19.44 billion during the quarter, compared to analyst estimates of $18.89 billion. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The firm’s revenue was up 8.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.48 earnings per share. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. Equities research analysts predict that PepsiCo will post 8.3 earnings per share for the current fiscal year.

PepsiCo declared that its board has approved a share buyback plan on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization permits the company to reacquire up to 4.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

PepsiCo Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th were given a $1.4225 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.6%. PepsiCo’s dividend payout ratio (DPR) is currently 94.83%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PEP. Brighton Jones LLC grew its stake in PepsiCo by 12.4% in the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock valued at $9,031,000 after buying an additional 6,574 shares during the last quarter. Caxton Associates LLP acquired a new position in PepsiCo in the 1st quarter valued at $251,000. Sivia Capital Partners LLC grew its stake in PepsiCo by 138.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock valued at $862,000 after buying an additional 3,790 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in PepsiCo by 10.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock valued at $5,039,000 after buying an additional 3,502 shares during the last quarter. Finally, Sei Investments Co. grew its stake in PepsiCo by 45.5% in the 2nd quarter. Sei Investments Co. now owns 536,133 shares of the company’s stock valued at $70,789,000 after buying an additional 167,707 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Q1 beat and volume recovery — PepsiCo reported Q1 revenue of $19.44B and EPS of $1.61 (above consensus). Management said recent price cuts on snacks helped revive U.S. food volumes, supporting top-line momentum. PepsiCo tops quarterly revenue estimates as price cuts drive demand
• Positive Sentiment: Broker support rising — Several major banks raised price targets and kept bullish ratings after the quarter (examples: Goldman to $183, BNP Paribas to $195, JPMorgan to $178, Deutsche to $173), giving the stock additional analyst-driven upside. Goldman Sachs adjusts price target on PepsiCo
• Positive Sentiment: Brand and innovation initiatives — Management highlighted a Gatorade overhaul and new product push (including energy and hydration innovations) as part of a broader “hungry and thirsty for growth” strategy that could sustain the recovery. PepsiCo Q1 earnings beat: CEO talks Gatorade overhaul & more
• Neutral Sentiment: Analyst commentary mixed — While many firms raised targets, some analysts struck cautionary notes on margins and consumer trends; expect divergent views to continue driving intraday volatility. What analysts are saying about PepsiCo after its earnings report
• Negative Sentiment: Guidance and revenue outlook under the microscope — FY‑2026 EPS and revenue ranges were viewed as modest versus some consensus math (company-provided EPS range ~8.465–8.628 and revenue guidance slightly below some estimates), which trimmed some upside despite the beat. PepsiCo Analysts Boost Their Forecasts After Upbeat Q1 Earnings
• Negative Sentiment: Reputational/legal hit from Doritos controversy — Coverage notes past controversy cost the company materially; any renewed consumer backlash or litigation headlines could pressure sentiment. PepsiCo Lost Billions Amid a Doritos Controversy

PepsiCo Company Profile

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.