PepsiCo (NASDAQ:PEP) Price Target Raised to $165.00

PepsiCo (NASDAQ:PEP) had its price objective lifted by Evercore from $152.00 to $165.00 in a report published on Wednesday morning,MarketScreener reports.

PEP has been the subject of several other reports. Piper Sandler increased their target price on PepsiCo from $161.00 to $172.00 and gave the company an “overweight” rating in a report on Tuesday, December 9th. Wall Street Zen lowered PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, December 27th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $156.00 target price on shares of PepsiCo in a research note on Wednesday. BNP Paribas Exane set a $191.00 price target on shares of PepsiCo in a research report on Wednesday. Finally, Rothschild & Co Redburn boosted their price objective on shares of PepsiCo from $117.00 to $120.00 and gave the company a “sell” rating in a research report on Monday, December 15th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $167.28.

PepsiCo Trading Up 1.8%

Shares of PEP opened at $170.49 on Wednesday. PepsiCo has a fifty-two week low of $127.60 and a fifty-two week high of $170.75. The firm has a market cap of $233.00 billion, a price-to-earnings ratio of 28.42, a PEG ratio of 3.19 and a beta of 0.40. The firm has a 50 day moving average price of $147.65 and a 200-day moving average price of $146.30. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.72 and a current ratio of 0.85.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Tuesday, February 3rd. The company reported $2.26 EPS for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The company had revenue of $29.34 billion for the quarter, compared to analysts’ expectations of $28.96 billion. During the same quarter last year, the company earned $1.96 EPS. The firm’s revenue was up 5.6% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, equities research analysts forecast that PepsiCo will post 8.3 earnings per share for the current year.

PepsiCo declared that its board has initiated a share buyback program on Tuesday, February 3rd that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 4.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its shares are undervalued.

PepsiCo Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 6th will be given a dividend of $1.4225 per share. The ex-dividend date is Friday, March 6th. This represents a $5.69 annualized dividend and a dividend yield of 3.3%. PepsiCo’s payout ratio is currently 94.83%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Evolution Wealth Management Inc. purchased a new position in PepsiCo during the second quarter valued at $27,000. JCIC Asset Management Inc. bought a new position in shares of PepsiCo in the 3rd quarter worth about $27,000. MH & Associates Securities Management Corp ADV purchased a new position in PepsiCo during the 4th quarter valued at about $29,000. Vermillion & White Wealth Management Group LLC boosted its stake in PepsiCo by 107.1% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock worth $31,000 after acquiring an additional 121 shares in the last quarter. Finally, Imprint Wealth LLC purchased a new stake in PepsiCo in the third quarter worth about $31,000. Institutional investors own 73.07% of the company’s stock.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Q4 results beat expectations (EPS $2.26 vs. $2.24; revenue roughly $29.3B) and management reiterated FY2026 guidance while reporting margin improvement — a core driver for today’s buying. Pepsi Pops as Investors Take Notice of Key Strategic Initiatives
• Positive Sentiment: Board approved a $10 billion share repurchase program, supporting EPS and signaling capital-return priority. PepsiCo to Repurchase $10.00 billion in Shares
• Positive Sentiment: Several brokerages lifted price targets after the strong quarter (UBS to $190, Morgan Stanley $180, JPMorgan $176, HSBC $175), which helps sustain buying interest. UBS Lifts PepsiCo Target JPMorgan Raises Target HSBC Adjusts Target
• Positive Sentiment: Management is cutting prices (up to ~15% on some snacks) and pivoting to “snack affordability” ahead of heavy seasonal demand (Super Bowl), which should boost volumes and retail sales. Guacamole & chip prices and PepsiCo price moves
• Positive Sentiment: Productivity and distribution integration (testing combined beverage/snack logistics) are cited as margin levers — management reported early positive results and operating-margin expansion. Productivity Strategy Analysis
• Neutral Sentiment: Pepsi is publicly adapting product mixes for health-conscious consumers (functional foods) and watching trends like GLP-1 drug use — outcomes are uncertain but the company is actively responding. How PepsiCo is adapting to GLP-1 use
• Neutral Sentiment: Activist investor interest (Elliott) remains a background catalyst; Pepsi is implementing changes but has said full refranchising isn’t being pursued — keeps outcomes dependent on execution. Elliott stake & catalyst analysis
• Negative Sentiment: Snack price cuts — and earlier consumer backlash over pricing — could pressure near-term gross margins until volume gains offset the lower pricing. PepsiCo to cut some US snack prices

About PepsiCo

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.