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PepsiCo, Inc. (PEP) Stock Forecast

Data as of May 2, 2026

Consumer Defensive · Current price $157.56 (-0.58%)

Consensus Target
$172.43
Upside
+10.4%
Analysts
16
Rating
Buy(2.31)

Price Target Range

Low $156.00Consensus $172.43High $191.00
▲ Current $157.56

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy6
Hold5
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Mar 12, 2026Michael LaveryPiper Sandler$181.00+14.9%
Feb 4, 2026Peter GromUBS$190.00+20.6%
Feb 4, 2026Nik ModiRBC Capital$156.00-1.0%
Feb 4, 2026Chris CareyWells Fargo$165.00+4.7%
Dec 9, 2025Peter GromUBS$172.00+9.2%
Oct 23, 2025Georgy VashchenkoLoop Capital Markets$164.00+4.1%
Oct 3, 2025Lauren LiebermanBarclays$140.00-11.1%
Apr 25, 2025Dara MohsenianMorgan Stanley$153.00-2.9%
Apr 24, 2025Robert OttensteinEvercore ISI$140.00-11.1%
Dec 12, 2024Steve PowersDeutsche Bank$184.00+16.8%
Oct 8, 2024Lauren LiebermanBarclays$186.00+18.1%
Sep 27, 2024Filippo FalorniCitigroup$195.00+23.8%
Sep 24, 2024Bonnie HerzogGoldman Sachs$192.00+21.9%
Sep 20, 2024Danilo GargiuloBernstein$180.00+14.2%
Sep 20, 2024Dara MohsenianMorgan Stanley$185.00+17.4%
Sep 19, 2024Kevin GrundyBNP Paribas$172.00+9.2%
Jul 19, 2024Lauren LiebermanBarclays$187.00+18.7%
Jul 12, 2024Andrea TeixeiraJ.P. Morgan$182.00+15.5%
Jul 12, 2024Nik ModiRBC Capital$177.00+12.3%
Jun 25, 2024Bonnie HerzogGoldman Sachs$195.00+23.8%

PEP vs Sector & Market

MetricPEPConsumer Defensive AvgLarge Cap Avg
Analyst Rating2.312.552.41
Analyst Count161218
Target Upside+10.4%+1188.8%+14.9%
P/E Ratio24.73-7.3931.19

Revenue Estimates

PeriodLowAvgHigh#
2026-12-27$98.13B$99.01B$99.99B16
2027-03-21$19.84B$20.09B$20.34B8
2027-03-27$19.29B$19.52B$19.73B7
2027-06-21$24.59B$24.89B$25.21B4
2027-06-27$24.41B$24.71B$24.97B4
2027-09-21$25.57B$25.89B$26.22B5
2027-09-27$25.52B$25.83B$26.10B7
2027-12-21$31.21B$31.60B$32.01B8
2027-12-27$101.05B$102.06B$102.73B16
2028-03-21$20.38B$20.63B$20.90B3
2028-03-27$19.95B$20.20B$20.41B6
2028-06-21$25.40B$25.72B$26.05B3

EPS Estimates

PeriodLowAvgHigh#
2026-12-27$8.61$8.66$8.7112
2027-03-21$1.70$1.73$1.754
2027-03-27$1.63$1.66$1.686
2027-06-21$2.32$2.36$2.407
2027-06-27$2.38$2.42$2.456
2027-09-21$2.56$2.60$2.644
2027-09-27$2.54$2.58$2.616
2027-12-21$2.47$2.51$2.554
2027-12-27$8.65$9.14$9.2713
2028-03-21$1.78$1.81$1.846
2028-03-27$1.74$1.76$1.797
2028-06-21$2.49$2.54$2.589

Frequently Asked Questions

What is the analyst consensus for PEP?

The consensus among 16 analysts covering PepsiCo, Inc. (PEP) is Buy with an average price target of $172.43.

What is the highest price target for PEP?

The highest price target for PEP is $212.00, set by John Staszak at Argus Research on 2023-10-09.

What is the lowest price target for PEP?

The lowest price target for PEP is $140.00, set by Robert Ottenstein at Evercore ISI on 2025-04-24.

How many analysts cover PEP?

16 analysts have issued ratings for PepsiCo, Inc. in the past 12 months.

Is PEP a buy or sell right now?

Based on 16 analyst ratings, PEP has a consensus rating of Buy (2.31/5) with a +10.4% upside to the consensus target of $172.43.

What are the earnings estimates for PEP?

Analysts estimate PEP will report EPS of $8.66 for the period ending 2026-12-27, with revenue estimated at $99.01B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.