PepsiCo (PEP) to Post Earnings on Thursday

PepsiCo (NASDAQ:PEP) is anticipated to post its Q2 2026 results before the market opens on Thursday, July 9th. Analysts expect the company to announce earnings of $2.19 per share and revenue of $23.9740 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 9, 2026 at 8:15 AM ET.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.06. The company had revenue of $19.44 billion during the quarter, compared to analysts’ expectations of $18.89 billion. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. PepsiCo’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period last year, the company posted $1.48 earnings per share. On average, analysts expect PepsiCo to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

PepsiCo Stock Up 4.3%

Shares of PEP stock opened at $141.16 on Thursday. The company’s fifty day simple moving average is $147.24 and its two-hundred day simple moving average is $151.86. PepsiCo has a 52 week low of $132.96 and a 52 week high of $171.48. The stock has a market cap of $192.93 billion, a P/E ratio of 22.16, a PEG ratio of 2.73 and a beta of 0.36. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98.

PepsiCo Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 5th were given a $1.48 dividend. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Friday, June 5th. PepsiCo’s dividend payout ratio (DPR) is presently 92.94%.

Institutional Trading of PepsiCo

Several institutional investors and hedge funds have recently modified their holdings of the stock. Swiss RE Ltd. purchased a new position in PepsiCo during the 4th quarter worth $28,000. Imprint Wealth LLC bought a new stake in shares of PepsiCo in the third quarter valued at about $31,000. Binnacle Investments Inc raised its holdings in shares of PepsiCo by 33.2% in the second quarter. Binnacle Investments Inc now owns 285 shares of the company’s stock valued at $38,000 after acquiring an additional 71 shares in the last quarter. Strive Asset Management LLC purchased a new stake in PepsiCo in the third quarter worth about $48,000. Finally, Wealth Watch Advisors INC bought a new position in PepsiCo during the 3rd quarter worth about $67,000. 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: PepsiCo announced progress toward its 2030 agriculture goals, highlighting gains in regenerative farming, sustainable sourcing, and livelihoods initiatives, which supports its long-term ESG and supply-chain strategy. PepsiCo Announces Progress Toward 2030 Agriculture Goals
• Positive Sentiment: JPMorgan reaffirmed an Overweight rating on PepsiCo while trimming its price target to $170 from $178, suggesting analysts still see meaningful upside from current levels. JPMorgan Adjusts Price Target on PepsiCo
• Positive Sentiment: Citi also kept a Buy rating on PepsiCo, lowering its target to $170 from $182 ahead of Q2 results, indicating the firm remains constructive on the stock despite slightly softer earnings expectations. Citi Maintains Bullish Outlook on PepsiCo
• Positive Sentiment: Unusually heavy call-option buying in PepsiCo suggests some traders are positioning for a rebound or further upside. Investors Buy Large Volume of PepsiCo Call Options
• Neutral Sentiment: Several reports focused on valuation and price-target commentary, with analysts generally still seeing upside but also acknowledging that earnings growth may be moderating.
• Negative Sentiment: Some coverage noted PepsiCo underperformed peers and highlighted continued investor concern about growth, which can pressure sentiment around the stock. PepsiCo Inc. stock underperforms Monday when compared to competitors
• Negative Sentiment: Erste Group slightly lowered its FY2027 EPS estimate for PepsiCo, reinforcing the view that profit growth could remain limited. MarketBeat PepsiCo coverage

Analysts Set New Price Targets

A number of research firms have issued reports on PEP. Citigroup reduced their price objective on PepsiCo from $182.00 to $170.00 and set a “buy” rating on the stock in a research note on Thursday, June 25th. Piper Sandler lowered their price objective on shares of PepsiCo from $181.00 to $178.00 and set an “overweight” rating for the company in a research report on Friday, June 12th. Sanford C. Bernstein set a $142.00 target price on shares of PepsiCo and gave the stock a “market perform” rating in a report on Wednesday. UBS Group dropped their target price on PepsiCo from $190.00 to $186.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Finally, JPMorgan Chase & Co. lowered their price target on PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a research report on Wednesday. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $166.40.

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.