PepsiCo (NASDAQ:PEP – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 8.550-8.710 for the period, compared to the consensus estimate of 8.640. The company issued revenue guidance of $97.7 billion-$99.6 billion, compared to the consensus revenue estimate of $98.9 billion.
PepsiCo Trading Down 1.7%
NASDAQ:PEP opened at $142.51 on Thursday. PepsiCo has a one year low of $132.96 and a one year high of $171.48. The business’s 50-day simple moving average is $146.14 and its 200 day simple moving average is $151.63. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.72 and a current ratio of 0.90. The stock has a market cap of $194.78 billion, a price-to-earnings ratio of 22.37, a price-to-earnings-growth ratio of 2.92 and a beta of 0.36.
PepsiCo (NASDAQ:PEP – Get Free Report) last announced its earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.55 by $0.06. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The company had revenue of $19.44 billion for the quarter, compared to analyst estimates of $18.89 billion. During the same period in the prior year, the company posted $1.48 EPS. PepsiCo’s quarterly revenue was up 8.5% on a year-over-year basis. As a group, sell-side analysts predict that PepsiCo will post 8.62 earnings per share for the current fiscal year.
PepsiCo Increases Dividend
Analyst Upgrades and Downgrades
PEP has been the topic of several research analyst reports. Jefferies Financial Group set a $162.00 price target on shares of PepsiCo in a research report on Thursday, June 25th. UBS Group reduced their target price on PepsiCo from $186.00 to $172.00 and set a “buy” rating on the stock in a report on Thursday, July 2nd. HSBC lifted their target price on PepsiCo from $175.00 to $176.00 and gave the stock a “hold” rating in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft dropped their price target on PepsiCo from $173.00 to $168.00 and set a “buy” rating on the stock in a research report on Thursday, June 18th. Finally, Rothschild & Co Redburn boosted their target price on shares of PepsiCo from $130.00 to $132.00 in a research note on Monday, May 11th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $164.40.
Read Our Latest Stock Analysis on PEP
Trending Headlines about PepsiCo
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: PepsiCo reported quarterly EPS of $2.20 versus $2.19 expected and revenue of $24.18 billion versus $23.95 billion expected, suggesting the business is still delivering modest top- and bottom-line beats. Article Title
- Positive Sentiment: Revenue strength was helped by robust international demand for snacks and drinks, which supports the view that PepsiCo’s global brands remain resilient even as U.S. demand softens. Article Title
- Neutral Sentiment: Management updated FY2026 guidance to EPS of $8.55-$8.71 and revenue of $97.7 billion-$99.6 billion, which is broadly in line with expectations on revenue but slightly below the EPS consensus, limiting upside enthusiasm. Article Title
- Neutral Sentiment: Analyst actions were mixed, with BNP Paribas Exane cutting its price target to $183 while keeping an outperform rating, and other recent targets still implying upside from current levels. Article Title
- Negative Sentiment: Commentary ahead of the report flagged weaker North American consumer spending and margin pressure, which may keep investors cautious about the pace of PepsiCo’s turnaround. Article Title
Institutional Investors Weigh In On PepsiCo
A number of hedge funds have recently added to or reduced their stakes in PEP. Swiss RE Ltd. acquired a new position in shares of PepsiCo during the fourth quarter valued at $28,000. Imprint Wealth LLC bought a new position in PepsiCo in the 3rd quarter worth about $31,000. Binnacle Investments Inc increased its stake in shares of PepsiCo by 33.2% in the second quarter. Binnacle Investments Inc now owns 285 shares of the company’s stock valued at $38,000 after purchasing an additional 71 shares during the period. Strive Asset Management LLC bought a new stake in shares of PepsiCo during the third quarter valued at approximately $48,000. Finally, Wealth Watch Advisors INC acquired a new position in shares of PepsiCo during the third quarter worth approximately $67,000. 73.07% of the stock is currently owned by institutional investors.
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.
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