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PEPPEPConsumer Defensive · Beverages - Non-Alcoholic

PEP Stock Forecast: PepsiCo, Inc. Price Predictions for 2026-2027

Last close, 2 Oct 2026
$126
+0.24% on the day

The 24 Wall Street analysts covering PepsiCo, Inc. hold a median 12-month price target of $149 — +18.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 68 of 100 as at 3 Oct 2026 — in the upper half.

Market cap
$172.0B
Ticker Nerd rank
68 / 100
Median analyst target
$149
Analysts covering
24
Revenue$24.2B+6.4% y/y
Operating income$4.0B
Net income$3.0B
Free cash flow$1.5B
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−2.1%
1M
−9.4%
YTD
−9.7%
1Y
−8.0%
From 52W high
−24.0%
From 52W low
+0.2%
$126
$166
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

PEP stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores PepsiCo, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 3 Oct 2026
68 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
95
Quality
82
Growth
79
Revisions
73
Value
62
Issuance
55
Momentum
50
Accruals
41
Size
2

Volatility (95): The share price has been relatively steady.

Accruals (41): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (2): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

PEP stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on PEP, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$120$130$140$150$160$170$180Jan 26Apr 26Jul 26Oct 26PEPHigh $180Median $149Low $124

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says24 analysts
5 Buy18 Hold1 Sell
Low $124Median $149High $180

The green dot is the last close — the median target sits +18.0% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 1 moved their price target up and 13 moved it down.

DateFirmActionRatingTarget
2 Oct 2026UBSMaintainsBuy$159 → $145
1 Oct 2026BarclaysMaintainsEqual-Weight$142 → $133
30 Sept 2026Evercore ISI GroupMaintainsIn-Line$150 → $135
29 Sept 2026JP MorganDowngradeNeutral$170 → $138
28 Sept 2026Deutsche BankDowngradeHold$155 → $138
28 Sept 2026TD CowenMaintainsHold$145 → $133
23 Sept 2026BNP ParibasMaintainsOutperform$183 → $161
21 July 2026BarclaysMaintainsEqual-Weight$138 → $142
21 July 2026BarclaysMaintainsEqual-Weight—
10 July 2026BarclaysMaintainsEqual-Weight—
10 July 2026BarclaysMaintainsEqual-Weight$144 → $138
10 July 2026CitigroupDowngradeNeutral—
10 July 2026CitigroupDowngradeNeutral$170 → $145
10 July 2026JefferiesMaintainsHold—
10 July 2026JefferiesMaintainsHold$162 → $152
10 July 2026Morgan StanleyMaintainsEqual-Weight$180 → $160
10 July 2026Morgan StanleyMaintainsEqual-Weight—
10 July 2026RBC CapitalMaintainsSector Perform$163 → $161
10 July 2026RBC CapitalMaintainsSector Perform—
10 July 2026TD CowenMaintainsHold$150 → $145

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. PEP appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

PEP vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 2 Oct 2026, PepsiCo, Inc. returned −8.0% against +16.2% for the S&P 500, dividends included.

PEP vs S&P 500, last 12 monthsTotal return, rebased to 100
9095100105110115120125Jan 26Apr 26Jul 26Oct 26PEPS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

PEP analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−1.0%
Analysts raising
1
Analysts cutting
18
Fundamentals

PepsiCo, Inc. (PEP) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
16.5×

Cheaper than 42% of US stocks

Price / sales
1.8×

Cheaper than 55% of US stocks

Price / book
7.8×

Cheaper than 12% of US stocks

EV / EBITDA
11.4×

Cheaper than 32% of US stocks

Growth & margins
Revenue growth (YoY)
6.4%

Higher than 42% of US stocks

Earnings growth (YoY)
136.0%

Higher than 87% of US stocks

Gross margin
54.2%

Higher than 67% of US stocks

Operating margin
16.8%

Higher than 75% of US stocks

Net margin
10.8%

Higher than 71% of US stocks

Returns & dividend
Return on equity
51.5%

Higher than 93% of US stocks

Return on assets
8.9%

Higher than 90% of US stocks

Dividend yield
4.7%

Higher than 79% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

PepsiCo, Inc. (PEP) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • PepsiCo, Inc. has a market value of $172.0B and an enterprise value of $214.5B.

  • Revenue in the twelve months to 30 June 2026: $96.9B. The latest quarter grew 6.4% year on year.

  • Net income over the same four quarters: $10.5B, a 10.9% net margin.

  • Diluted earnings per share, trailing twelve months: $7.63.

  • Free cash flow in the twelve months to 30 June 2026: $9.3B, after $4.2B of capital spending.

  • PepsiCo, Inc. spent $985.0M on share buybacks and $7.8B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 1.4B.

  • Trailing P/E: 16.5×; forward P/E: 14.1× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 4.70%, paying out 75% of earnings.

  • PepsiCo, Inc. employs 306,000 people — $317K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 3 Oct 2026

Data provided by Twelve Data

Peers

PEP vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBeverages - Non-Alcoholic
CompanyMarket capTKN rank
PEPPepsiCo, Inc.$172.0B
68
MNSTMonster Beverage Corp.$84.1B
80
KOThe Coca-Cola Co.$368.4B
90
CCEPCoca-Cola Europacific Partners PLC$45.4B
70
KDPKeurig Dr Pepper, Inc.$41.3B
37
COKECoca-Cola Consolidated, Inc.$12.8B
67
CELHCelsius Holdings, Inc.$6.9B
27

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own PepsiCo, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest PEP news & analysis

Kraft Heinz vs. PepsiCo: Which Consumer Goods Stock Is a Better Buy in 2026?

The Motley Fool · 3 Oct 2026positive

The Motley Fool published a comparison of Kraft Heinz and PepsiCo as investment options for 2026. The piece highlights PepsiCo's massive global footprint across snacks and beverages, supported by brands like Frito-Lay and Gatorade, in contrast with Kraft Heinz's turnaround effort.

Why it matters — The article underscores PepsiCo's scale and diversified brand portfolio as key strengths in a head-to-head comparison with a major consumer goods competitor.

PepsiCo recovery lags, but valuation remains attractive to UBS

Proactive Investors · 2 Oct 2026neutral

UBS noted that PepsiCo's slow North American recovery is already reflected in its valuation, highlighting attractive medium-term risk and reward while maintaining a "buy" rating. PepsiCo is due to report third-quarter results on October 8, with UBS's unchanged earnings forecast of $2.28 per share below the consensus of $2.30.

Why it matters — A Pepsi watcher would care because UBS's assessment provides a professional view on the stock's valuation and expectations ahead of PepsiCo's upcoming third-quarter earnings report.

European soft drinks growth slows as volumes normalise, Jefferies says

Proactive Investors · 2 Oct 2026neutral

Jefferies reported that European soft drinks value growth slowed to 4.6% in the four weeks to 6 September, down from 12.0%, as volume growth moderated sharply to 1.4% from 9.2%. Price and mix contributions rose to 3.2% from 2.8%, with the broker citing favourable weather as support.

Why it matters — As a major soft drinks manufacturer, PepsiCo's European performance could be affected by the region's softening volume growth as the market normalises.

PepsiCo Q3 Earnings Preview: Operational Tailwinds Might Not Be Enough To Appease Investors

Seeking Alpha · 1 Oct 2026neutral

PepsiCo is preparing to report third-quarter earnings, which could pause the recent sell-off, though better-than-expected operational performance may not be enough to appease long-term investors due to ongoing capital allocation issues. The report will also spotlight dividend safety and expected cash flow improvements.

Why it matters — PEP watchers will be looking to the Q3 report for signals on operational performance, capital allocation concerns, dividend safety, and cash flow trends.

My Top 10 High-Yield Picks For October 2026: Two Yielding Above 10%

Seeking Alpha · 1 Oct 2026positive

A Seeking Alpha article lists PepsiCo among ten high-yield dividend stocks offering attractive valuations, strong financial health, and dividend growth potential. PepsiCo is highlighted as undervalued, with its current yield well above historical averages, enhancing income and growth prospects.

Why it matters — The article characterizes PepsiCo as undervalued with a dividend yield above historical averages, which may be of interest to income-focused investors tracking the stock.

FAQ

Frequently asked questions about PEP stock

What is the PEP stock price forecast for 2026-2027?

The 24 Wall Street analysts covering PepsiCo, Inc. have a median 12-month price target of $149, with estimates ranging from $124 to $180. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is PEP stock a buy right now?

Of the 24 analysts covering PepsiCo, Inc., 5 rate it a Buy, 18 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks PepsiCo, Inc. 68 out of 100 across roughly 4,600 US stocks as at 3 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank PEP?

As at 3 Oct 2026, PepsiCo, Inc. ranks 68 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (95 of 100).

Will PEP stock go up?

No one can know that. What the data says: the median 12-month target from 24 analysts implies +18.0% from the last close, and Ticker Nerd's factor model ranks PepsiCo, Inc. 68 out of 100 as at 3 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the PEP stock forecast for 2030?

No analyst covering PepsiCo, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for PEP are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $124 to $180 over the next 12 months.

How has PEP stock performed over the past year?

PepsiCo, Inc. returned -8.0% over the 12 months to 2 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does PepsiCo, Inc. do?

PepsiCo, Inc. is a global food and beverage company that develops, markets, and distributes a broad portfolio of products for everyday consumption.

What is the latest news on PEP?

The most recent item we track (The Motley Fool, 3 Oct 2026): "Kraft Heinz vs. PepsiCo: Which Consumer Goods Stock Is a Better Buy in 2026?". The Motley Fool published a comparison of Kraft Heinz and PepsiCo as investment options for 2026. The piece highlights PepsiCo's massive global footprint across snacks and beverages, supported by brands like Frito-Lay and Gatorade, in contrast with Kraft Heinz's turnaround effort.

Company

About PepsiCo, Inc.

PepsiCo, Inc. is a global food and beverage company that develops, markets, and distributes a broad portfolio of products for everyday consumption. Its brands span snacks, soft drinks, sports drinks, juices, and packaged foods, serving consumers through retail, convenience, foodservice, and institutional channels. The company’s product lineup includes well-known names such as Frito-Lay, Pepsi-Cola, Gatorade, Quaker, and Tropicana, giving it a presence across multiple categories of the consumer staples market. PepsiCo operates in both developed and emerging markets, with a business model built around large-scale manufacturing, branding, and distribution. As a major participant in the packaged food and beverage industry, PepsiCo plays a central role in global consumer supply chains and in the competitive landscape for branded snacks and non-alcoholic drinks.

CEO Mr. Ramon Luis Laguarta · 306,000 employees · United States · https://www.pepsico.com