PepsiCo (NASDAQ:PEP) Price Target Raised to $162.00

PepsiCo (NASDAQ:PEP) had its price target hoisted by analysts at TD Cowen from $155.00 to $162.00 in a research note issued on Wednesday,MarketScreener reports. The firm currently has a “hold” rating on the stock. TD Cowen’s price objective would indicate a potential downside of 1.95% from the stock’s previous close.

Other analysts also recently issued research reports about the company. BNP Paribas Exane raised PepsiCo from a “hold” rating to an “outperform” rating and set a $179.00 price objective on the stock in a research note on Friday, January 16th. Evercore ISI raised their price target on PepsiCo from $150.00 to $152.00 in a research report on Friday, October 10th. Jefferies Financial Group boosted their price objective on PepsiCo from $163.00 to $164.00 and gave the company a “hold” rating in a research report on Tuesday, December 9th. Piper Sandler raised their target price on shares of PepsiCo from $161.00 to $172.00 and gave the stock an “overweight” rating in a report on Tuesday, December 9th. Finally, Loop Capital set a $164.00 price target on shares of PepsiCo in a report on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, PepsiCo presently has a consensus rating of “Hold” and an average target price of $162.22.

PepsiCo Stock Performance

Shares of PEP stock opened at $165.22 on Wednesday. The stock has a market cap of $225.91 billion, a PE ratio of 31.41, a price-to-earnings-growth ratio of 5.10 and a beta of 0.40. The stock has a 50-day moving average of $146.47 and a 200-day moving average of $145.81. The company has a debt-to-equity ratio of 2.26, a current ratio of 0.91 and a quick ratio of 0.72. PepsiCo has a one year low of $127.60 and a one year high of $163.44.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $2.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. The firm had revenue of $29.34 billion during the quarter, compared to analysts’ expectations of $28.96 billion. PepsiCo had a net margin of 7.82% and a return on equity of 57.58%. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.96 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, sell-side analysts expect that PepsiCo will post 8.3 earnings per share for the current year.

PepsiCo declared that its Board of Directors has authorized a stock buyback plan on Tuesday, February 3rd that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the company to buy up to 4.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PEP. Clayton Financial Group LLC bought a new stake in shares of PepsiCo in the 3rd quarter valued at about $872,000. Avantax Advisory Services Inc. raised its stake in PepsiCo by 2.6% in the second quarter. Avantax Advisory Services Inc. now owns 185,961 shares of the company’s stock valued at $24,554,000 after buying an additional 4,627 shares during the period. Concord Asset Management LLC VA lifted its position in shares of PepsiCo by 29.4% in the second quarter. Concord Asset Management LLC VA now owns 8,880 shares of the company’s stock valued at $1,172,000 after buying an additional 2,016 shares during the last quarter. Family Capital Management Inc. bought a new position in shares of PepsiCo during the 2nd quarter worth approximately $401,000. Finally, Kathmere Capital Management LLC increased its holdings in shares of PepsiCo by 122.6% during the 3rd quarter. Kathmere Capital Management LLC now owns 20,365 shares of the company’s stock worth $2,860,000 after acquiring an additional 11,217 shares during the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Q4 results beat expectations and management reiterated FY26 guidance — EPS $2.26 vs. $2.24 est; revenue beat and organic growth acceleration. The print shows improving beverage trends that helped the quarter. CNBC: PepsiCo earnings beat
• Positive Sentiment: Board authorized a $10 billion share repurchase (≈4.7% of shares) and the company raised its dividend — a clear capital-return signal that typically supports the stock. RTT News: $10B buyback
• Neutral Sentiment: PepsiCo is cutting suggested retail prices on marquee snack SKUs (Lay’s, Doritos, Cheetos) by as much as ~15% to drive affordability and volume, rolling out ahead of the Super Bowl. This can boost demand but may compress snack margins until volumes recover. Business Insider: Price cuts on snacks
• Neutral Sentiment: Analyst positioning is mixed: TD Cowen kept a Hold with a $162 target, citing improving fundamentals but execution and valuation risks — indicating investor caution despite the operational progress. TipRanks: TD Cowen Hold
• Negative Sentiment: Some investors/analysts warn the rally is multiple expansion rather than a fundamental recovery — volumes remain weak, margins are under pressure, and planned price cuts trade margin certainty for a hoped-for volume rebound. At current forward multiples, upside depends on execution rather than valuation safety. Seeking Alpha: Rally risky / downgrade

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.