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

PepsiCo (NASDAQ:PEP) had its price target raised by Evercore ISI from $152.00 to $165.00 in a research note issued to investors on Wednesday morning,MarketScreener reports.

A number of other research analysts also recently issued reports on the stock. Citigroup upped their target price on shares of PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday. Piper Sandler raised their price objective on shares of PepsiCo from $161.00 to $172.00 and gave the company an “overweight” rating in a research note on Tuesday, December 9th. Loop Capital set a $164.00 target price on shares of PepsiCo in a research report on Thursday, October 23rd. Rothschild & Co Redburn raised their price target on PepsiCo from $117.00 to $120.00 and gave the stock a “sell” rating in a research report on Monday, December 15th. Finally, Bank of America upped their price objective on PepsiCo from $150.00 to $155.00 and gave the company a “neutral” rating in a report on Friday, October 10th. Nine research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, PepsiCo currently has a consensus rating of “Hold” and a consensus target price of $167.28.

PepsiCo Price Performance

PEP traded up $1.35 during midday trading on Wednesday, hitting $167.53. The company had a trading volume of 11,008,666 shares, compared to its average volume of 9,428,823. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.72 and a current ratio of 0.85. The company has a market capitalization of $229.07 billion, a PE ratio of 27.92, a P/E/G ratio of 5.35 and a beta of 0.40. The firm’s 50-day simple moving average is $146.83 and its 200-day simple moving average is $145.95. PepsiCo has a twelve month low of $127.60 and a twelve month high of $168.01.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. The firm had revenue of $29.34 billion for the quarter, compared to analyst estimates of $28.96 billion. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period last year, the company earned $1.96 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities research analysts predict that PepsiCo will post 8.3 EPS for the current fiscal year.

PepsiCo Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th will be given a dividend of $1.4225 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $5.69 annualized dividend and a dividend yield of 3.4%. PepsiCo’s dividend payout ratio is currently 94.83%.

PepsiCo announced that its Board of Directors has approved a share repurchase program on Tuesday, February 3rd that authorizes the company to buyback $10.00 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 4.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Hedge Funds Weigh In On PepsiCo

A number of large investors have recently bought and sold shares of PEP. Evolution Wealth Management Inc. bought a new position in shares of PepsiCo in the 2nd quarter valued at about $27,000. JCIC Asset Management Inc. bought a new stake in PepsiCo in the 3rd quarter valued at $27,000. MH & Associates Securities Management Corp ADV bought a new stake in shares of PepsiCo in the fourth quarter valued at about $29,000. Vermillion & White Wealth Management Group LLC grew its position in shares of PepsiCo by 107.1% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock worth $31,000 after purchasing an additional 121 shares in the last quarter. Finally, Imprint Wealth LLC acquired a new stake in PepsiCo during the third quarter worth approximately $31,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Q4 results beat top‑ and bottom‑line expectations and management reiterated FY‑2026 guidance; management cited margin improvement from productivity actions. PepsiCo Q4 Earnings & Revenues Beat on Strength Across Segments
• Positive Sentiment: Multiple brokers raised price targets (notable calls: UBS $190, Morgan Stanley $180, JPMorgan $176, HSBC $175), signaling renewed analyst confidence after the quarter. UBS Lifts PepsiCo Target After Solid Q4 Execution
• Positive Sentiment: Board approved a $10 billion share‑repurchase program (≈4.7% of shares), which supports EPS and signals management thinks the stock is undervalued. PepsiCo Board Approves $10B Buyback (RTT News)
• Positive Sentiment: Quarterly dividend raised 5% (quarterly $1.4225; ~3.4% yield), reinforcing the income case for long‑term shareholders. PepsiCo Declares Quarterly Dividend (PR Newswire)
• Neutral Sentiment: PepsiCo announced price cuts of up to ~15% on core snack SKUs (Lay’s, Doritos, Cheetos) as a “price investment” to drive volume and unit growth — likely to boost sales but may pressure near‑term margins until volumes recover. PepsiCo will cut prices on Lay’s, Cheetos by as much as 15% (NPR)
• Neutral Sentiment: Productivity and automation are highlighted as drivers of margin expansion and EPS upside — supportive if execution continues, but benefits will be realized over time. PepsiCo’s Productivity Strategy: A Catalyst for EPS Expansion?
• Negative Sentiment: Critical commentary warns the rally has been multiple‑expansion driven; price cuts swap margin certainty for hoped‑for volume — execution risk is elevated and valuation is less defensive. PepsiCo’s Rally Looks Convincing, But The 15% Bet Adds Risk (Seeking Alpha)

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.