Evercore ISI Forecasts Strong Price Appreciation for PepsiCo (NASDAQ:PEP) Stock

PepsiCo (NASDAQ:PEP) had its target price hoisted by stock analysts at Evercore ISI from $152.00 to $165.00 in a report released on Wednesday,MarketScreener reports. Evercore ISI’s price objective indicates a potential downside of 3.22% from the company’s current price.

PEP has been the subject of a number of other reports. TD Cowen lifted their price target on shares of PepsiCo from $155.00 to $162.00 and gave the stock a “hold” rating in a research note on Wednesday. Rothschild & Co Redburn increased their price target on PepsiCo from $117.00 to $120.00 and gave the stock a “sell” rating in a research note on Monday, December 15th. BNP Paribas Exane set a $191.00 price objective on PepsiCo in a research note on Wednesday. Loop Capital set a $164.00 price target on shares of PepsiCo in a report on Thursday, October 23rd. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $156.00 target price on shares of PepsiCo in a report on Wednesday. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $167.16.

PepsiCo Stock Up 1.8%

PepsiCo stock opened at $170.49 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 0.85 and a debt-to-equity ratio of 2.06. PepsiCo has a 12-month low of $127.60 and a 12-month high of $170.75. The firm’s fifty day moving average is $147.65 and its 200 day moving average is $146.30. The company has a market capitalization of $233.00 billion, a PE ratio of 28.42, a PEG ratio of 3.19 and a beta of 0.40.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Tuesday, February 3rd. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.02. The firm had revenue of $29.34 billion during the quarter, compared to the consensus estimate of $28.96 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The company’s revenue was up 5.6% on a year-over-year basis. During the same quarter last 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 predict that PepsiCo will post 8.3 EPS for the current fiscal year.

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

Institutional Trading of PepsiCo

A number of hedge funds and other institutional investors have recently made changes to their positions in PEP. JCIC Asset Management Inc. acquired a new stake in shares of PepsiCo in the 3rd quarter valued at approximately $27,000. MH & Associates Securities Management Corp ADV acquired a new position in shares of PepsiCo during the fourth quarter worth $29,000. Evolution Wealth Management Inc. purchased a new position in shares of PepsiCo in the second quarter valued at $27,000. Imprint Wealth LLC purchased a new stake in PepsiCo during the 3rd quarter worth $31,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new position in PepsiCo in the 4th quarter worth $33,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Q4 results beat expectations (EPS $2.26 vs. $2.24; revenue roughly $29.3B) and management reiterated FY2026 guidance while reporting margin improvement — a core driver for today’s buying. Pepsi Pops as Investors Take Notice of Key Strategic Initiatives
• Positive Sentiment: Board approved a $10 billion share repurchase program, supporting EPS and signaling capital-return priority. PepsiCo to Repurchase $10.00 billion in Shares
• Positive Sentiment: Several brokerages lifted price targets after the strong quarter (UBS to $190, Morgan Stanley $180, JPMorgan $176, HSBC $175), which helps sustain buying interest. UBS Lifts PepsiCo Target JPMorgan Raises Target HSBC Adjusts Target
• Positive Sentiment: Management is cutting prices (up to ~15% on some snacks) and pivoting to “snack affordability” ahead of heavy seasonal demand (Super Bowl), which should boost volumes and retail sales. Guacamole & chip prices and PepsiCo price moves
• Positive Sentiment: Productivity and distribution integration (testing combined beverage/snack logistics) are cited as margin levers — management reported early positive results and operating-margin expansion. Productivity Strategy Analysis
• Neutral Sentiment: Pepsi is publicly adapting product mixes for health-conscious consumers (functional foods) and watching trends like GLP-1 drug use — outcomes are uncertain but the company is actively responding. How PepsiCo is adapting to GLP-1 use
• Neutral Sentiment: Activist investor interest (Elliott) remains a background catalyst; Pepsi is implementing changes but has said full refranchising isn’t being pursued — keeps outcomes dependent on execution. Elliott stake & catalyst analysis
• Negative Sentiment: Snack price cuts — and earlier consumer backlash over pricing — could pressure near-term gross margins until volume gains offset the lower pricing. PepsiCo to cut some US snack prices

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.