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PepsiCo (PEP)
NASDAQ:PEP
US Market

PepsiCo (PEP) Stock Forecast & Price Target

14,751 Followers
See the Price Targets and Ratings of:

PEP Analyst Ratings

Moderate Buy
15Ratings
Moderate Buy
7 Buy
8 Hold
0 Sell
Based on 15 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

$173.36
▲(11.99% Upside)
Based on 15 Wall Street analysts offering 12 month price targets for PepsiCo in the last 3 months. The average price target is $173.36 with a high forecast of $191.00 and a low forecast of $160.00. The average price target represents a 11.99% change from the last price of $154.80.
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Highest Price Target$191.00Average Price Target$173.36Lowest Price Target$160.00
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
Wells Fargo
$165
Hold
6.59%
Upside
Reiterated
04/09/26
Analysts Offer Insights on Consumer Goods Companies: PepsiCo (NASDAQ: PEP) and MGP Ingredients (NASDAQ: MGPI)
RBC Capital Analyst forecast on PEP
RBC Capital
RBC Capital
$165$163
Hold
5.30%
Upside
Reiterated
04/09/26
PepsiCo price target lowered to $163 from $165 at RBC CapitalPepsiCo price target lowered to $163 from $165 at RBC Capital
Goldman Sachs Analyst forecast on PEP
Goldman Sachs
Goldman Sachs
Buy
Reiterated
04/08/26
Goldman Sachs Reaffirms Their Buy Rating on PepsiCo (PEP)
J.P. Morgan
$176$172
Buy
11.11%
Upside
Reiterated
04/08/26
Analysts Offer Insights on Consumer Goods Companies: PepsiCo (NASDAQ: PEP) and Costco (NASDAQ: COST)
UBS
$190$186
Buy
20.16%
Upside
Assigned
04/07/26
PepsiCo price target lowered to $186 from $190 at UBSPepsiCo price target lowered to $186 from $190 at UBS
Deutsche Bank  Analyst forecast on PEP
Deutsche Bank
Deutsche Bank
$176$169
Buy
9.17%
Upside
Reiterated
03/30/26
PepsiCo price target lowered to $169 from $176 at Deutsche BankPepsiCo price target lowered to $169 from $176 at Deutsche Bank
Piper Sandler Analyst forecast on PEP
Piper Sandler
Piper Sandler
$172$181
Buy
16.93%
Upside
Reiterated
03/12/26
Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Campbell Soup (NASDAQ: CPB), PepsiCo (NASDAQ: PEP) and Target (NYSE: TGT)
TD Cowen
$162$165
Hold
6.59%
Upside
Reiterated
02/20/26
TD Cowen Reaffirms Their Hold Rating on PepsiCo (PEP)
Barclays
$160
Hold
3.36%
Upside
Reiterated
02/19/26
Barclays Reaffirms Their Hold Rating on PepsiCo (PEP)
Evercore ISI Analyst forecast on PEP
Evercore ISI
Evercore ISI
$152$165
Hold
6.59%
Upside
Reiterated
02/19/26
Analysts Are Neutral on Top Consumer Goods Stocks: PepsiCo (PEP), Honest Company (HNST)
Morgan Stanley Analyst forecast on PEP
Morgan Stanley
Morgan Stanley
$165$180
Hold
16.28%
Upside
Reiterated
02/04/26
Analysts Offer Insights on Consumer Goods Companies: Archer Daniels Midland (NYSE: ADM) and PepsiCo (NASDAQ: PEP)
Exane BNP Paribas Analyst forecast on PEP
Exane BNP Paribas
Exane BNP Paribas
$179$191
Buy
23.39%
Upside
Reiterated
02/04/26
PepsiCo price target raised to $191 from $179 at BNP ParibasPepsiCo price target raised to $191 from $179 at BNP Paribas
Citi
$170$182
Buy
17.57%
Upside
Reiterated
02/04/26
PepsiCo price target raised to $182 from $170 at CitiPepsiCo price target raised to $182 from $170 at Citi
DBS
$175
Hold
13.05%
Upside
Reiterated
02/04/26
DBS Sticks to Their Hold Rating for PepsiCo (PEP)
Bank of America Securities Analyst forecast on PEP
Bank of America Securities
Bank of America Securities
$164$173
Hold
11.76%
Upside
Reiterated
02/04/26
PepsiCo price target raised to $173 from $164 at BofAPepsiCo price target raised to $173 from $164 at BofA
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
Wells Fargo
$165
Hold
6.59%
Upside
Reiterated
04/09/26
Analysts Offer Insights on Consumer Goods Companies: PepsiCo (NASDAQ: PEP) and MGP Ingredients (NASDAQ: MGPI)
RBC Capital Analyst forecast on PEP
RBC Capital
RBC Capital
$165$163
Hold
5.30%
Upside
Reiterated
04/09/26
PepsiCo price target lowered to $163 from $165 at RBC CapitalPepsiCo price target lowered to $163 from $165 at RBC Capital
Goldman Sachs Analyst forecast on PEP
Goldman Sachs
Goldman Sachs
Buy
Reiterated
04/08/26
Goldman Sachs Reaffirms Their Buy Rating on PepsiCo (PEP)
J.P. Morgan
$176$172
Buy
11.11%
Upside
Reiterated
04/08/26
Analysts Offer Insights on Consumer Goods Companies: PepsiCo (NASDAQ: PEP) and Costco (NASDAQ: COST)
UBS
$190$186
Buy
20.16%
Upside
Assigned
04/07/26
PepsiCo price target lowered to $186 from $190 at UBSPepsiCo price target lowered to $186 from $190 at UBS
Deutsche Bank  Analyst forecast on PEP
Deutsche Bank
Deutsche Bank
$176$169
Buy
9.17%
Upside
Reiterated
03/30/26
PepsiCo price target lowered to $169 from $176 at Deutsche BankPepsiCo price target lowered to $169 from $176 at Deutsche Bank
Piper Sandler Analyst forecast on PEP
Piper Sandler
Piper Sandler
$172$181
Buy
16.93%
Upside
Reiterated
03/12/26
Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Campbell Soup (NASDAQ: CPB), PepsiCo (NASDAQ: PEP) and Target (NYSE: TGT)
TD Cowen
$162$165
Hold
6.59%
Upside
Reiterated
02/20/26
TD Cowen Reaffirms Their Hold Rating on PepsiCo (PEP)
Barclays
$160
Hold
3.36%
Upside
Reiterated
02/19/26
Barclays Reaffirms Their Hold Rating on PepsiCo (PEP)
Evercore ISI Analyst forecast on PEP
Evercore ISI
Evercore ISI
$152$165
Hold
6.59%
Upside
Reiterated
02/19/26
Analysts Are Neutral on Top Consumer Goods Stocks: PepsiCo (PEP), Honest Company (HNST)
Morgan Stanley Analyst forecast on PEP
Morgan Stanley
Morgan Stanley
$165$180
Hold
16.28%
Upside
Reiterated
02/04/26
Analysts Offer Insights on Consumer Goods Companies: Archer Daniels Midland (NYSE: ADM) and PepsiCo (NASDAQ: PEP)
Exane BNP Paribas Analyst forecast on PEP
Exane BNP Paribas
Exane BNP Paribas
$179$191
Buy
23.39%
Upside
Reiterated
02/04/26
PepsiCo price target raised to $191 from $179 at BNP ParibasPepsiCo price target raised to $191 from $179 at BNP Paribas
Citi
$170$182
Buy
17.57%
Upside
Reiterated
02/04/26
PepsiCo price target raised to $182 from $170 at CitiPepsiCo price target raised to $182 from $170 at Citi
DBS
$175
Hold
13.05%
Upside
Reiterated
02/04/26
DBS Sticks to Their Hold Rating for PepsiCo (PEP)
Bank of America Securities Analyst forecast on PEP
Bank of America Securities
Bank of America Securities
$164$173
Hold
11.76%
Upside
Reiterated
02/04/26
PepsiCo price target raised to $173 from $164 at BofAPepsiCo price target raised to $173 from $164 at BofA
Stocks with the Highest Top Analyst Consensus in the Consumer Defensive Sector
Find stocks in the Consumer Defensive sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering PepsiCo

3 Months
xxx
Success Rate
11/16 ratings generated profit
69%
Average Return
+3.31%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 68.75% of your transactions generating a profit, with an average return of +3.31% per trade.
1 Year
Stephen PowersDeutsche Bank
Success Rate
11/12 ratings generated profit
92%
Average Return
+8.13%
Copying Stephen Powers's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +8.13% per trade.
2 Years
xxx
Success Rate
11/12 ratings generated profit
92%
Average Return
+10.57%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 91.67% of your transactions generating a profit, with an average return of +10.57% 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
Dec 25
Jan 26
Feb 26
Mar 26
Apr 26
Strong Buy
0
0
0
0
0
Buy
11
8
12
11
12
Hold
21
14
26
19
15
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
32
22
38
30
27
In the current month, PEP has received 12 Buy Ratings, 15 Hold Ratings, and 0 Sell Ratings. PEP average Analyst price target in the past 3 months is 173.36.
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 $1.55 with a range of $1.52 to $1.64. The previous quarter’s EPS was $2.26. PEP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 57.98% 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 $1.55 with a range of $1.52 to $1.64. The previous quarter’s EPS was $2.26. PEP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 57.98% 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 $18.94B with a range of $18.76B to $19.22B. The previous quarter’s sales results were $29.34B. PEP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 52.41% 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 $18.94B with a range of $18.76B to $19.22B. The previous quarter’s sales results were $29.34B. PEP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 52.41% 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 173.36.
    What is PEP’s upside potential, based on the analysts’ average price target?
    PepsiCo has 11.99% upside potential, 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 Moderate Buy which is based on 7 buy ratings, 8 hold ratings and 0 sell ratings.
            What is PepsiCo’s price target?
            The average price target for PepsiCo is 173.36. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $191.00 ,the lowest forecast is $160.00. The average price target represents 11.99% Increase from the current price of $154.8.
              What do analysts say about PepsiCo?
              PepsiCo’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 15 Wall Streets Analysts.
                How can I buy shares of PEP?
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