PepsiCo (NASDAQ:PEP) Price Target Cut to $137.00 by Analysts at JPMorgan Chase & Co.

PepsiCo (NASDAQ:PEP) had its price target lowered by stock analysts at JPMorgan Chase & Co. from $138.00 to $137.00 in a report issued on Friday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 8.74% from the stock’s current price.

PEP has been the topic of a number of other research reports. Piper Sandler cut their price objective on shares of PepsiCo from $176.00 to $140.00 and set an “overweight” rating on the stock in a report on Friday. The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 target price on shares of PepsiCo in a report on Thursday. Weiss Ratings downgraded PepsiCo from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, September 24th. Citigroup reaffirmed a “buy” rating on shares of PepsiCo in a research report on Friday. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of PepsiCo in a report on Friday. Six equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $146.20.

PepsiCo Stock Down 1.8%

PepsiCo stock traded down $2.35 on Friday, hitting $125.99. 8,163,360 shares of the stock traded hands, compared to its average volume of 8,076,958. PepsiCo has a 1 year low of $123.47 and a 1 year high of $171.48. The firm has a market cap of $171.97 billion, a P/E ratio of 16.51, a price-to-earnings-growth ratio of 2.81 and a beta of 0.35. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. The business’s fifty day simple moving average is $135.75 and its 200 day simple moving average is $143.17.

PepsiCo (NASDAQ:PEP) last released its earnings results on Thursday, October 8th. The company reported $2.34 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.05. The firm had revenue of $25.27 billion for the quarter, compared to the consensus estimate of $24.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company’s revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.29 EPS. PepsiCo has set its FY 2026 guidance at 8.344-8.425 EPS. As a group, sell-side analysts forecast that PepsiCo will post 8.56 earnings per share for the current year.

Insider Transactions at PepsiCo

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $139.54, for a total transaction of $404,666.00. Following the sale, the executive vice president directly owned 74,825 shares in the company, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.12% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of PEP. Evergreen Advisors LLC purchased a new position in PepsiCo in the 1st quarter worth about $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of PepsiCo during the fourth quarter valued at approximately $26,000. Montgomery Financial Services LLC bought a new position in PepsiCo during the second quarter valued at approximately $25,000. Networth Advisors LLC boosted its holdings in PepsiCo by 2,857.1% in the first quarter. Networth Advisors LLC now owns 207 shares of the company’s stock worth $32,000 after purchasing an additional 200 shares during the last quarter. Finally, Vermillion Wealth Management Inc. grew its position in PepsiCo by 99.1% in the 1st quarter. Vermillion Wealth Management Inc. now owns 217 shares of the company’s stock worth $34,000 after purchasing an additional 108 shares during the period. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo exceeded third-quarter expectations, reporting adjusted EPS of $2.34 versus a $2.29 consensus and revenue of $25.27 billion, up 5.6% year over year. International growth, pricing and healthier snack products helped offset domestic weakness. PepsiCo beats third-quarter expectations but cuts profit outlook
• Positive Sentiment: The company plans additional cost reductions and investments to support its North American turnaround. It also completed a $746.24 million repurchase of 5 million shares, providing support through capital returns. Is PepsiCo a Bargain Following Its Buyback?
• Positive Sentiment: UBS said the valuation discount appears excessive relative to PepsiCo’s recovery potential, while maintaining an attractive risk-reward view. BNP Paribas Exane retained an “outperform” rating despite lowering its price target to $157. UBS says Pepsi offers attractive risk-reward
• Neutral Sentiment: PepsiCo is raising prices on Doritos, Ruffles, SunChips and some beverages by single-digit percentages. The move may help offset inflation and input costs, but could further pressure volumes as consumers seek cheaper options. PepsiCo raising prices on snacks and sodas
• Negative Sentiment: PepsiCo reduced its 2026 earnings outlook to $8.344–$8.425 per share, below the roughly $8.55 analyst consensus, citing higher costs and persistent North American weakness. Management also warned that North American margins may remain pressured into the fourth quarter. North America weakness drives guidance cut
• Negative Sentiment: U.S. soda volumes declined, and analysts warn PepsiCo is losing beverage momentum and potentially market share to Coca-Cola. The slower turnaround, changing consumer preferences and higher prices are raising concerns about volume recovery and 2027 growth. Pepsi soda sales decline amid consumer shift

PepsiCo Company Profile

PepsiCo, Inc (NASDAQ:PEP) is a global food and beverage company that develops, manufactures, markets and distributes a broad portfolio of snacks, drinks and convenient foods. Its beverage brands include Pepsi, Mountain Dew, Gatorade, 7UP in select markets, and bubly, while its food and snack brands include Lay’s, Doritos, Cheetos, Tostitos, Fritos, Quaker and Ruffles.

The company’s operations include beverage production and distribution, snack foods, convenient meals and nutrition-oriented products.