From what 22 stock analysts predict, the share price for PepsiCo Inc (PEP) might increase by 10.59% in the next year. This is based on a 12-month average estimation for PEP. Price targets go from $148 to $198. The majority of stock analysts believe PEP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 22 Wall Street analysts have assigned PEP 12 buy ratings, 10 hold ratings, and 0 sell ratings. This means that analysts expect PepsiCo Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PEP. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of PEP.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Robert Moskow TD Cowen | Hold | $183 | Downgrade | Oct 10, 2024 |
Lauren Lieberman Barclays | Overweight | $183 | Maintains | Oct 10, 2024 |
Andrea Teixeira JP Morgan | Neutral | $183 | Maintains | Oct 9, 2024 |
Nik Modi RBC Capital | Sector Perform | $176 | Reiterates | Oct 9, 2024 |
Steve Powers Deutsche Bank | Hold | $179 | Maintains | Oct 9, 2024 |
Nik Modi RBC Capital | Sector Perform | $176 | Maintains | Oct 4, 2024 |
Lauren Lieberman Barclays | Overweight | $186 | Maintains | Oct 4, 2024 |
Andrea Teixeira JP Morgan | Neutral | $185 | Maintains | Oct 1, 2024 |
Bryan Spillane B of A Securities | Buy | $185 | Maintains | Sep 30, 2024 |
Dara Mohsenian Morgan Stanley | Equal-Weight | $185 | Downgrade | Sep 20, 2024 |
Lauren Lieberman Barclays | Overweight | $187 | Maintains | Jul 19, 2024 |
Dara Mohsenian Morgan Stanley | Overweight | $185 | Maintains | Jul 12, 2024 |
Nik Modi RBC Capital | Sector Perform | $177 | Maintains | Jul 12, 2024 |
Andrea Teixeira JP Morgan | Neutral | $182 | Maintains | Jul 12, 2024 |
Lauren Lieberman Barclays | Overweight | $179 | Maintains | Jul 12, 2024 |
Chris Carey Wells Fargo | Equal-Weight | $170 | Maintains | Jul 10, 2024 |
Kaumil Gajrawala Jefferies | Buy | $200 | Maintains | Jul 9, 2024 |
Bryan Spillane B of A Securities | Buy | $190 | Maintains | Jul 8, 2024 |
Robert Moskow TD Cowen | Buy | $190 | Maintains | Jul 3, 2024 |
Andrea Teixeira JP Morgan | Neutral | $184 | Maintains | Jun 26, 2024 |
When did it IPO
1972
Staff Count
318,000
Country
United States
Sector/Industry
Consumer Defensive/Beverages - Non-Alcoholic
CEO
Mr. Ramon Luis Laguarta
Market Cap
$226.53B
In 2023, PEP generated $91.47B in revenue, which was a increase of 5.88% from the previous year. This can be seen as a signal that PEP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - PepsiCo is rated a BUY with a 12-month price target of $203.08, indicating an 18.2% upside. Improved margins from falling inflation may boost profitability.
Why It Matters - A BUY recommendation with a target of $203.08 suggests strong growth potential for PepsiCo, driven by its diverse portfolio and improved margins from falling inflation, indicating enhanced profitability.
Summary - Supermicro (SMCI) declined after a preliminary earnings report amid uncertainty. Celsius (CELH) also fell, influenced by a sales decline at PepsiCo (PEP).
Why It Matters - Supermicro's earnings uncertainty and Celsius's decline amid PepsiCo's sales drop indicate potential volatility, impacting investor sentiment and stock performance in related sectors.
Summary - 24/7 Wall St. suggests focusing on dividends as a steady wealth creation strategy during the uncertain political season, which may delay election results.
Why It Matters - Political uncertainty can affect market volatility. Emphasizing dividends suggests a strategy for stability and long-term wealth, appealing to risk-averse investors during turbulent times.
Summary - The Vanguard Value ETF comprises companies known for consistently paying and increasing dividends annually, indicating strong financial performance.
Why It Matters - The Vanguard Value ETF's focus on companies with consistent dividend growth signals stability and potential income, attracting income-focused investors and enhancing its appeal in volatile markets.
Summary - Coca-Cola outperformed Pepsi in growth, focusing on Gen Z, with Q3 earnings surpassing estimates despite slight volume decline. Pepsi's Siete acquisition targets health-conscious consumers.
Why It Matters - Coca-Cola's strong Q3 performance and effective targeting of Gen Z highlight its competitive edge over Pepsi, despite economic challenges, indicating potential resilience and growth for KO shares.
Summary - PepsiCo is revamping key brands like Lay's to align with consumer demand for cheaper options and is exchanging data with retailers for insights on shopper purchases.
Why It Matters - PepsiCo's brand overhaul and data sharing with retailers indicate a strategic response to consumer trends, potentially enhancing market competitiveness and sales growth.