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PepsiCo (PEP)
NASDAQ:PEP
US Market
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PepsiCo (PEP) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

PEP Analyst Ratings

Hold
17Ratings
Hold
4 Buy
13 Hold
0 Sell
Based on 17 analysts giving stock ratings to
PepsiCo
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

PEP Stock 12 Month Forecast

Average Price Target

$139.94
▼(-1.64% Downside)
Based on 17 Wall Street analysts offering 12 month price targets for PepsiCo in the last 3 months. The average price target is $139.94 with a high forecast of $165.00 and a low forecast of $126.00. The average price target represents a -1.64% change from the last price of $142.27.
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style=\"color:#199ca5\">Buy 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 26, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":162.338,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 19, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":151.422,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 16,\t&nbsp; </span>\n              <span  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Highest Price Target$165.00Average Price Target$139.94Lowest Price Target$126.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Bank of America Securities Analyst forecast on PEP
Bank of America Securities
Bank of America Securities
$145
Hold
1.92%
Upside
Reiterated
10/16/26
PepsiCo: Neutral Rating as Loss of KFC Fountain Business Offsets Taco Bell Strength; $145 Price Target Highlights Balanced Risk-Reward
Bernstein
$131
Hold
-7.92%
Downside
Reiterated
10/13/26
Bernstein Keeps Their Hold Rating on PepsiCo (PEP)
Barclays
$133→$126
Hold
-11.44%
Downside
Reiterated
10/12/26
PepsiCo (PEP) Gets a Hold from Barclays
Freedom Capital Markets Analyst forecast on PEP
Freedom Capital Markets
Freedom Capital Markets
$162→$147
Buy
3.32%
Upside
Upgraded
10/10/26
PepsiCo upgraded to Buy from Hold at Freedom BrokerPepsiCo upgraded to Buy from Hold at Freedom Broker
Morgan Stanley Analyst forecast on PEP
Morgan Stanley
Morgan Stanley
$160→$145
Hold
1.92%
Upside
Reiterated
10/09/26
PepsiCo price target lowered to $145 from $160 at Morgan StanleyPepsiCo price target lowered to $145 from $160 at Morgan Stanley
Deutsche Bank  Analyst forecast on PEP
Deutsche Bank
Deutsche Bank
$138→$132
Hold
-7.22%
Downside
Reiterated
10/09/26
PepsiCo price target lowered to $132 from $138 at Deutsche BankPepsiCo price target lowered to $132 from $138 at Deutsche Bank
Evercore ISI Analyst forecast on PEP
Evercore ISI
Evercore ISI
$135
Hold
-5.11%
Downside
Reiterated
10/09/26
Analysts' Opinions Are Mixed on These Consumer Goods Stocks: Walmart (NASDAQ: WMT) and PepsiCo (NASDAQ: PEP)
Piper Sandler Analyst forecast on PEP
Piper Sandler
Piper Sandler
$176→$140
Buy
-1.60%
Downside
Reiterated
10/09/26
Analysts Are Bullish on Top Consumer Goods Stocks: PepsiCo (PEP), Walmart (WMT)
Argus Research Analyst forecast on PEP
Argus Research
Argus Research
―
Hold
―
Reiterated
10/09/26
Argus Research Sticks to Their Hold Rating for PepsiCo (PEP)
Citi
$142→$135
Hold
-5.11%
Downside
Reiterated
10/09/26
PepsiCo price target lowered to $135 from $142 at CitiPepsiCo price target lowered to $135 from $142 at Citi
J.P. Morgan
$138→$137
Hold
-3.70%
Downside
Reiterated
10/09/26
Analysts Offer Insights on Consumer Goods Companies: PepsiCo (NASDAQ: PEP) and Coca-Cola (NYSE: KO)
RBC Capital Analyst forecast on PEP
RBC Capital
RBC Capital
$150
Hold
5.43%
Upside
Reiterated
10/09/26
PepsiCo price target lowered to $150 from $161 at RBC CapitalPepsiCo price target lowered to $150 from $161 at RBC Capital
TD Cowen
$133
Hold
-6.52%
Downside
Reiterated
10/09/26
Analysts Offer Insights on Consumer Goods Companies: Walmart (NASDAQ: WMT) and PepsiCo (NASDAQ: PEP)
DBS
$138
Hold
-3.00%
Downside
Reiterated
10/09/26
DBS Sticks to Their Hold Rating for PepsiCo (PEP)
UBS
$145
Buy
1.92%
Upside
Reiterated
10/09/26
Analysts Offer Insights on Consumer Goods Companies: Constellation Brands (NYSE: STZ) and PepsiCo (NASDAQ: PEP)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Bank of America Securities Analyst forecast on PEP
Bank of America Securities
Bank of America Securities
$145
Hold
1.92%
Upside
Reiterated
10/16/26
PepsiCo: Neutral Rating as Loss of KFC Fountain Business Offsets Taco Bell Strength; $145 Price Target Highlights Balanced Risk-Reward
Bernstein
$131
Hold
-7.92%
Downside
Reiterated
10/13/26
Bernstein Keeps Their Hold Rating on PepsiCo (PEP)
Barclays
$133→$126
Hold
-11.44%
Downside
Reiterated
10/12/26
PepsiCo (PEP) Gets a Hold from Barclays
Freedom Capital Markets Analyst forecast on PEP
Freedom Capital Markets
Freedom Capital Markets
$162→$147
Buy
3.32%
Upside
Upgraded
10/10/26
PepsiCo upgraded to Buy from Hold at Freedom BrokerPepsiCo upgraded to Buy from Hold at Freedom Broker
Morgan Stanley Analyst forecast on PEP
Morgan Stanley
Morgan Stanley
$160→$145
Hold
1.92%
Upside
Reiterated
10/09/26
PepsiCo price target lowered to $145 from $160 at Morgan StanleyPepsiCo price target lowered to $145 from $160 at Morgan Stanley
Deutsche Bank  Analyst forecast on PEP
Deutsche Bank
Deutsche Bank
$138→$132
Hold
-7.22%
Downside
Reiterated
10/09/26
PepsiCo price target lowered to $132 from $138 at Deutsche BankPepsiCo price target lowered to $132 from $138 at Deutsche Bank
Evercore ISI Analyst forecast on PEP
Evercore ISI
Evercore ISI
$135
Hold
-5.11%
Downside
Reiterated
10/09/26
Analysts' Opinions Are Mixed on These Consumer Goods Stocks: Walmart (NASDAQ: WMT) and PepsiCo (NASDAQ: PEP)
Piper Sandler Analyst forecast on PEP
Piper Sandler
Piper Sandler
$176→$140
Buy
-1.60%
Downside
Reiterated
10/09/26
Analysts Are Bullish on Top Consumer Goods Stocks: PepsiCo (PEP), Walmart (WMT)
Argus Research Analyst forecast on PEP
Argus Research
Argus Research
―
Hold
―
Reiterated
10/09/26
Argus Research Sticks to Their Hold Rating for PepsiCo (PEP)
Citi
$142→$135
Hold
-5.11%
Downside
Reiterated
10/09/26
PepsiCo price target lowered to $135 from $142 at CitiPepsiCo price target lowered to $135 from $142 at Citi
J.P. Morgan
$138→$137
Hold
-3.70%
Downside
Reiterated
10/09/26
Analysts Offer Insights on Consumer Goods Companies: PepsiCo (NASDAQ: PEP) and Coca-Cola (NYSE: KO)
RBC Capital Analyst forecast on PEP
RBC Capital
RBC Capital
$150
Hold
5.43%
Upside
Reiterated
10/09/26
PepsiCo price target lowered to $150 from $161 at RBC CapitalPepsiCo price target lowered to $150 from $161 at RBC Capital
TD Cowen
$133
Hold
-6.52%
Downside
Reiterated
10/09/26
Analysts Offer Insights on Consumer Goods Companies: Walmart (NASDAQ: WMT) and PepsiCo (NASDAQ: PEP)
DBS
$138
Hold
-3.00%
Downside
Reiterated
10/09/26
DBS Sticks to Their Hold Rating for PepsiCo (PEP)
UBS
$145
Buy
1.92%
Upside
Reiterated
10/09/26
Analysts Offer Insights on Consumer Goods Companies: Constellation Brands (NYSE: STZ) and PepsiCo (NASDAQ: PEP)
Stocks with the Highest Top Analyst Consensus in the Consumer Defensive Sector
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TPBTurning Point Brands
Find stocks in the Consumer Defensive sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering PepsiCo

3 Months
Success Rate
12/19 ratings generated profit
63%
Average Return
+1.72%
Copying Peter Grom's trades and holding each position for 3 Months would result in 63.16% of your transactions generating a profit, with an average return of +1.72% per trade.
1 Year
Kevin GrundyExane BNP Paribas
Success Rate
15/20 ratings generated profit
75%
Average Return
+4.97%
Copying Kevin Grundy's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +4.97% per trade.
2 Years
Kevin GrundyExane BNP Paribas
Success Rate
15/20 ratings generated profit
75%
Average Return
+9.00%
Copying Kevin Grundy's trades and holding each position for 2 Years would result in 75.00% of your transactions generating a profit, with an average return of +9.00% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

PEP Analyst Recommendation Trends

Rating
Jun 26
Jul 26
Aug 26
Sep 26
Oct 26
Strong Buy
0
0
0
0
0
Buy
12
12
11
8
7
Hold
19
25
25
26
25
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
31
37
36
34
32
In the current month, PEP has received 7 Buy Ratings, 25 Hold Ratings, and 0 Sell Ratings. PEP average Analyst price target in the past 3 months is 139.94.
Each month's total comprises the sum of three months' worth of ratings.

PEP Financial Forecast

PEP Earnings Forecast

Next quarter’s earnings estimate for PEP is $2.24 with a range of $2.19 to $2.32. The previous quarter’s EPS was $2.34. PEP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 38.89% of the time in the same period. In the last calendar year PEP has Performed in-line its overall industry.
Next quarter’s earnings estimate for PEP is $2.24 with a range of $2.19 to $2.32. The previous quarter’s EPS was $2.34. PEP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 38.89% of the time in the same period. In the last calendar year PEP has Performed in-line its overall industry.

PEP Sales Forecast

Next quarter’s sales forecast for PEP is $30.42B with a range of $30.19B to $30.72B. The previous quarter’s sales results were $25.27B. PEP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.45% of the time in the same period. In the last calendar year PEP has Performed in-line its overall industry.
Next quarter’s sales forecast for PEP is $30.42B with a range of $30.19B to $30.72B. The previous quarter’s sales results were $25.27B. PEP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.45% of the time in the same period. In the last calendar year PEP has Performed in-line its overall industry.

PEP Stock Forecast FAQ

What is PEP’s average 12-month price target, according to analysts?
Based on analyst ratings, PepsiCo’s 12-month average price target is 139.94.
    What is PEP’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for PEP, based on the analysts’ average price target.
    Can I see which stocks the top-ranking analysts are rating?
    Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
      How can I follow the stock ratings of top Wall Street analysts?
      Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
        Is PEP a Buy, Sell or Hold?
        PepsiCo has a consensus rating of Hold which is based on 4 buy ratings, 13 hold ratings and 0 sell ratings.
          What is PepsiCo’s price target?
          The average price target for PepsiCo is 139.94. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst price target is $165.00 ,the lowest forecast is $126.00. The average price target represents -1.64% Decrease from the current price of $142.27.
            What do analysts say about PepsiCo?
            PepsiCo’s analyst rating consensus is a Hold. This is based on the ratings of 17 Wall Streets Analysts.
              How can I buy shares of PEP?
              Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.