PEP Stock - PepsiCo, Inc.
Unlock GoAI Insights for PEP
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $91.85B | $91.47B | $86.40B | $79.48B | $70.37B |
| Gross Profit | $50.36B | $49.83B | $45.60B | $42.55B | $38.61B |
| Gross Margin | 54.8% | 54.5% | 52.8% | 53.5% | 54.9% |
| Operating Income | $14.29B | $14.09B | $11.34B | $11.46B | $10.41B |
| Net Income | $9.58B | $9.07B | $8.91B | $7.62B | $7.12B |
| Net Margin | 10.4% | 9.9% | 10.3% | 9.6% | 10.1% |
| EPS | $6.98 | $6.59 | $6.46 | $5.51 | $5.14 |
PepsiCo, Inc. manufactures, markets, distributes, and sells various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region. It provides dips, cheese-flavored snacks, and spreads, as well as corn, potato, and tortilla chips; cereals, rice, pasta, mixes and syrups, granola bars, grits, oatmeal, rice cakes, simply granola, and side dishes; beverage concentrates, fountain syrups, and finished goods; ready-to-drink tea, coffee, and juices; dairy products; and sparkling water makers and related products. It serves wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, hard discounters, e-commerce retailers and authorized independent bottlers, and others through a network of direct-store-delivery, customer warehouse, and distributor networks, as well as directly to consumers through e-commerce platforms and retailers. The company was founded in 1898 and is headquartered in Purchase, New York.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 10th 2025 | JP Morgan | Upgrade | Overweight | $164 |
| October 21st 2025 | DZ Bank | Upgrade | Buy | $167 |
| April 15th 2025 | BofA Securities | Downgrade | Neutral | $155 |
| March 18th 2025 | Barclays | Downgrade | Equal Weight | $156← $168 |
| March 12th 2025 | Jefferies | Downgrade | Hold | $170← $171 |
| January 7th 2025 | Piper Sandler | Initiation | Overweight | $171 |
| December 12th 2024 | Deutsche Bank | Upgrade | Buy | $184← $179 |
| October 10th 2024 | TD Cowen | Downgrade | Hold | $183← $190 |
| September 20th 2024 | Morgan Stanley | Downgrade | Equal Weight | $185 |
| July 19th 2024 | DZ Bank | Downgrade | Hold | $183 |
| July 3rd 2024 | TD Cowen | Reiterated | Buy | $190← $200 |
| June 24th 2024 | Exane BNP Paribas | Initiation | Neutral | $174 |
| April 5th 2024 | Jefferies | Reiterated | Buy | $209← $199 |
| April 3rd 2024 | Argus | Downgrade | Hold | - |
| March 18th 2024 | Morgan Stanley | Upgrade | Overweight | $190 |
Earnings History & Surprises
PEPEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 22, 2026 | — | — | — | — |
Q1 2026 | Feb 3, 2026 | $2.24 | — | — | — |
Q4 2025 | Oct 9, 2025 | $2.26 | $2.29 | +1.3% | ✓ BEAT |
Q3 2025 | Jul 17, 2025 | $2.03 | $2.12 | +4.4% | ✓ BEAT |
Q2 2025 | Apr 24, 2025 | $1.49 | $1.48 | -0.7% | ✗ MISS |
Q1 2025 | Feb 4, 2025 | $1.95 | $1.96 | +0.5% | ✓ BEAT |
Q4 2024 | Oct 8, 2024 | $2.29 | $2.31 | +0.9% | ✓ BEAT |
Q3 2024 | Jul 11, 2024 | $2.16 | $2.28 | +5.6% | ✓ BEAT |
Q2 2024 | Apr 23, 2024 | $1.52 | $1.61 | +5.9% | ✓ BEAT |
Q1 2024 | Feb 9, 2024 | $1.72 | $1.78 | +3.5% | ✓ BEAT |
Q4 2023 | Oct 10, 2023 | $2.15 | $2.25 | +4.7% | ✓ BEAT |
Q3 2023 | Jul 13, 2023 | $1.96 | $2.09 | +6.6% | ✓ BEAT |
Q2 2023 | Apr 25, 2023 | $1.39 | $1.50 | +7.9% | ✓ BEAT |
Q1 2023 | Feb 9, 2023 | $1.64 | $1.67 | +1.8% | ✓ BEAT |
Q4 2022 | Oct 12, 2022 | $1.84 | $1.97 | +7.1% | ✓ BEAT |
Q3 2022 | Jul 12, 2022 | $1.73 | $1.86 | +7.5% | ✓ BEAT |
Q2 2022 | Apr 26, 2022 | $1.24 | $1.29 | +4.0% | ✓ BEAT |
Q1 2022 | Feb 10, 2022 | $1.53 | $1.53 | 0.0% | = MET |
Q4 2021 | Oct 5, 2021 | $1.73 | $1.79 | +3.5% | ✓ BEAT |
Q3 2021 | Jul 13, 2021 | $1.53 | $1.72 | +12.4% | ✓ BEAT |
Latest News
Citigroup Maintains Buy on PepsiCo, Raises Price Target to $170
📈 PositiveCyngn Secures Additional Autonomous Vehicle Deployment with Largest Independent Pepsi Bottler, G&J Pepsi
📈 PositiveBarclays Maintains Equal-Weight on PepsiCo, Raises Price Target to $144
➖ NeutralPepsiCo shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight and raised the price target from $151 to $164.
📈 PositiveJP Morgan Upgrades PepsiCo to Overweight, Raises Price Target to $164
📈 PositiveHoneywell Appoints Indra Nooyi, Former PepsiCo Chair And CEO, To Board Of Directors Effective Jan. 1, 2026
📈 PositivePiper Sandler Maintains Overweight on PepsiCo, Raises Price Target to $172
📈 PositivePepsiCo Says Carefully Evaluating An Integrated Model, Intend To Take Nuanced Approach Factoring In Key Components; Intend To Provide Comprehensive Update On North America Supply Chain, Go-To-Market Optimization Initiatives To Analysts In Late 2026; Intends To Continue Its Ongoing Board Refreshment, Elliott Is Supportive Of PepsiCo And These Actions
➖ NeutralPepsiCo Provides Updates Following Engagement With Elliott; Now Sees 2026 Organic Revenue Growth 2-4%, Core EPS 5-7%
📈 PositivePepsiCo To Reduce Number Of Individual Products By 20% Across U.S. Businesses; PepsiCo Agreement With Elliott Doesn't Include Board Representation For Activist
➖ Neutral'PepsiCo to Cut Costs, Lower Food Prices in Deal With Activist' - WSJ Exclusive
📉 Negative'PepsiCo To Review Supply Chains As Talks With Activist Elliott Wrap Up' - Bloomberg News
➖ Neutral'PepsiCo Nears Settlement With Activist Investor Elliott' - WSJ Exclusive
📈 PositiveCelsius Holdings Highlights 2025 Execution Progress With Alani Nu DSD Transition Exceeding 80.0% Into PepsiCo Distribution Network
📈 PositiveSan Francisco Attorney Sues Food Manufacturers Over Alleged Harms Of Ultra-Processed Foods
📉 NegativePiper Sandler Maintains Overweight on PepsiCo, Lowers Price Target to $161
📈 PositiveFreedom Capital Markets Downgrades PepsiCo to Hold, Lowers Price Target to $164
📉 NegativeCyngn Expands Autonomous Tech With DriveMod Tugger Deployment at G&J Pepsi
📈 PositiveWells Fargo Maintains Equal-Weight on PepsiCo, Raises Price Target to $154
➖ NeutralPepsiCo shares are trading higher after the company reported better-than-expected Q3 financial results.
📈 PositiveFrequently Asked Questions about PEP
What is PEP's current stock price?
What is the analyst price target for PEP?
What sector is PepsiCo, Inc. in?
What is PEP's market cap?
Does PEP pay dividends?
Similar Stocks
Consumer Defensive SectorExplore stocks similar to PEP for comparison