PepsiCo (NASDAQ:PEP) Stock Gets Price Target Cut from Barclays

Posted by Brenda Bartman on Oct 15th, 2026

PepsiCo (NASDAQ:PEP – Free Report) had its price objective cut by Barclays from $133.00 to $126.00 in a report released on Monday morning,Benzinga reports. They currently have an equal weight rating on the stock.

Several other equities analysts have also issued reports on the company. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of PepsiCo in a report on Friday, October 9th. Evercore reduced their target price on PepsiCo from $150.00 to $135.00 in a report on Wednesday, September 30th. Piper Sandler reduced their target price on PepsiCo from $176.00 to $140.00 and set an “overweight” rating for the company in a report on Friday, October 9th. Weiss Ratings cut PepsiCo from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, September 24th. Finally, Royal Bank Of Canada dropped their price target on PepsiCo from $161.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Tuesday, October 6th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $145.50.

Check Out Our Latest Stock Report on PEP

PepsiCo Trading Up 1.5%

NASDAQ PEP opened at $129.27 on Monday. The company has a debt-to-equity ratio of 1.90, a current ratio of 0.94 and a quick ratio of 0.76. The firm’s fifty day moving average price is $134.79 and its 200 day moving average price is $142.50. The company has a market capitalization of $176.16 billion, a price-to-earnings ratio of 15.14, a price-to-earnings-growth ratio of 3.79 and a beta of 0.35. PepsiCo has a 12 month low of $123.47 and a 12 month high of $171.48.

PepsiCo (NASDAQ:PEP – Get Free Report) last announced its quarterly earnings results on Thursday, October 8th. The company reported $2.34 EPS for the quarter, topping the consensus estimate of $2.29 by $0.05. PepsiCo had a net margin of 11.09% and a return on equity of 53.08%. The firm had revenue of $25.27 billion for the quarter, compared to analyst estimates of $24.95 billion. During the same period last year, the business earned $2.29 EPS. PepsiCo’s revenue for the quarter was up 5.6% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.344-8.425 EPS. On average, sell-side analysts expect that PepsiCo will post 8.42 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Friday, September 4th were paid a dividend of $1.48 per share. The ex-dividend date was Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a yield of 4.6%. PepsiCo’s dividend payout ratio is currently 74.37%.

Insiders Place Their Bets

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the firm’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the transaction, the executive vice president directly owned 74,825 shares of the company’s stock, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.12% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On PepsiCo

A number of institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. increased its position in shares of PepsiCo by 2.1% in the second quarter. BlackRock Inc. now owns 118,281,854 shares of the company’s stock valued at $16,015,363,000 after buying an additional 2,440,377 shares in the last quarter. State Street Corp raised its stake in shares of PepsiCo by 1.7% during the 2nd quarter. State Street Corp now owns 60,406,932 shares of the company’s stock worth $8,179,099,000 after buying an additional 987,582 shares during the last quarter. Auto Owners Insurance Co boosted its position in shares of PepsiCo by 14,857.8% in the 4th quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock worth $7,068,777,000 after buying an additional 48,923,629 shares in the last quarter. Bank of America Corp DE boosted its position in shares of PepsiCo by 0.6% in the 1st quarter. Bank of America Corp DE now owns 21,283,701 shares of the company’s stock worth $3,305,146,000 after buying an additional 133,325 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of PepsiCo by 4.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,817,684 shares of the company’s stock worth $1,600,114,000 after buying an additional 549,336 shares in the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

Positive Sentiment: PepsiCo exceeded third-quarter 2026 revenue and adjusted EPS expectations, helped by solid international performance. The company reported approximately $25.27 billion in revenue and $2.34 in EPS, ahead of consensus estimates. PepsiCo’s Earnings Beat Masks a Bigger Problem With Its North American Business
Positive Sentiment: The company’s valuation and dependable income profile may attract defensive and dividend-focused investors. PepsiCo offers a roughly 4.7% yield and has increased its dividend for 54 consecutive years. Coca-Cola vs. PepsiCo: Which Dividend King Deserves a Premium Valuation Right Now?
Positive Sentiment: Freedom Broker upgraded PepsiCo from “hold” to “strong-buy,” indicating that at the reduced share price some investors see an attractive risk-reward opportunity.
Neutral Sentiment: PepsiCo’s international business continues to perform well, potentially providing a source of growth while management works to stabilize its North American operations. PepsiCo Stock Has Fallen Out of Favor
Neutral Sentiment: PepsiCo lowered the estimated value of potential earnout payments tied to its Poppi acquisition, suggesting the prebiotic soda brand is not meeting growth targets. This could reduce near-term acquisition costs but also signals slower-than-expected growth. PepsiCo Slashes Valuation of Poppi Bonus Payouts as Growth Slows
Negative Sentiment: Management cut full-year growth guidance because of weak North American volumes, rising costs and margin pressure. Analysts have also reduced earnings estimates, increasing uncertainty around the pace of recovery. PepsiCo Trades Near 52-Week Low
Negative Sentiment: Barclays cut its price target, while ClearBridge Large Cap Value reportedly exited PepsiCo during the third quarter, adding to concerns about institutional confidence. PepsiCo Stock Price Target Cut by Barclays

About PepsiCo

(Get Free Report)

PepsiCo, Inc (NASDAQ:PEP) is a global food and beverage company that develops, manufactures, markets and distributes a broad portfolio of snacks, drinks and convenient foods. Its beverage brands include Pepsi, Mountain Dew, Gatorade, 7UP in select markets, and bubly, while its food and snack brands include Lay’s, Doritos, Cheetos, Tostitos, Fritos, Quaker and Ruffles.

The company’s operations include beverage production and distribution, snack foods, convenient meals and nutrition-oriented products.