PepsiCo - PEP Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $190.25
Forecasted Upside: 3.77%
Number of Analysts: 12
Breakdown:
1 Sell Ratings
6 Hold Ratings
5 Buy Ratings
0 Strong Buy Ratings

^$183.34 As of 06/2/2023 11:46 AM ET

▲ +1.15 (0.63%)

1 month | 3 months | 12 months

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Analyst Price Target for PEP

^$190.25

▲ +3.77% Upside Potential

This price target is based on 12 analysts offering 12 month price targets for PepsiCo in the last 3 months. The average price target is $190.25, with a high forecast of $210.00 and a low forecast of $141.00. The average price target represents a 3.77% upside from the last price of $183.34.

Current Consensus is Hold

The current consensus among 12 polled investment analysts is to hold stock in PepsiCo. This rating has held steady since November 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
5 buy ratings
8 hold ratings
0 sell ratings

Ratings as of

12/8/2021

0 strong buy ratings
6 buy ratings
8 hold ratings
0 sell ratings

Ratings as of

3/8/2022

0 strong buy ratings
7 buy ratings
8 hold ratings
0 sell ratings

Ratings as of

6/6/2022

0 strong buy ratings
6 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

9/4/2022

0 strong buy ratings
6 buy ratings
5 hold ratings
1 sell ratings

Ratings as of

12/3/2022

0 strong buy ratings
5 buy ratings
5 hold ratings
1 sell ratings

Ratings as of

3/3/2023

0 strong buy ratings
5 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

5/2/2023

0 strong buy ratings
5 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

6/1/2023

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/27/2023	Barclays	Boost Target		$201.00 ➝ $206.00	Low
4/26/2023	Deutsche Bank Aktiengesellschaft	Boost Target		$188.00 ➝ $193.00	Low
4/26/2023	Royal Bank of Canada	Boost Target		$175.00 ➝ $178.00	Low
4/26/2023	Wells Fargo & Company	Boost Target		$187.00 ➝ $196.00	Low
4/25/2023	Morgan Stanley	Boost Target		$200.00 ➝ $210.00	Low
4/17/2023	JPMorgan Chase & Co.	Boost Target	Overweight	$190.00 ➝ $196.00	Low
4/14/2023	Barclays	Boost Target	Overweight	$187.00 ➝ $201.00	Low
4/6/2023	UBS Group	Boost Target	Buy	$195.00 ➝ $205.00	N/A
3/20/2023	Deutsche Bank Aktiengesellschaft	Boost Target		$186.00 ➝ $188.00	Low
3/20/2023	Sanford C. Bernstein	Upgrade	Underperform ➝ Market Perform		Low
2/16/2023	Citigroup	Initiated Coverage	Neutral	$180.00	Low
2/13/2023	Barclays	Lower Target	Overweight	$197.00 ➝ $187.00	Low
2/10/2023	Credit Suisse Group	Boost Target	Neutral	$175.00 ➝ $182.00	Low
2/10/2023	Morgan Stanley	Boost Target	Overweight	$198.00 ➝ $200.00	Low
2/8/2023	Wells Fargo & Company	Boost Target	Equal Weight	$187.00 ➝ $190.00	Low
1/3/2023	Wells Fargo & Company	Boost Target	Equal Weight	$174.00 ➝ $190.00	Low
12/7/2022	Argus	Boost Target		$195.00 ➝ $206.00	Low
12/6/2022	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$181.00 ➝ $186.00	Low
11/4/2022	Redburn Partners	Initiated Coverage	Sell	$141.00	Low
10/14/2022	Barclays	Boost Target	Overweight	$183.00 ➝ $185.00	Low
10/13/2022	Royal Bank of Canada	Boost Target	Sector Perform	$165.00 ➝ $170.00	Low
10/13/2022	Wells Fargo & Company	Boost Target	Equal Weight	$172.00 ➝ $174.00	Low
10/13/2022	Wedbush	Boost Target		$185.00 ➝ $190.00	Low
10/10/2022	Wedbush	Initiated Coverage	Outperform	$185.00	Low
10/3/2022	Credit Suisse Group	Lower Target	Neutral	$173.00 ➝ $172.00	Low
9/30/2022	JPMorgan Chase & Co.	Lower Target	Overweight	$188.00 ➝ $186.00	Low
9/27/2022	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$179.00 ➝ $181.00	Low
7/13/2022	Credit Suisse Group	Boost Target	Neutral	$168.00 ➝ $170.00	Low
7/7/2022	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$175.00 ➝ $178.00	N/A
7/6/2022	JPMorgan Chase & Co.	Lower Target	Overweight	$186.00 ➝ $185.00	N/A
7/6/2022	Barclays	Lower Target	Overweight	$187.00 ➝ $183.00	N/A
6/21/2022	Wells Fargo & Company	Lower Target	Equal Weight	$175.00 ➝ $172.00	Low
6/21/2022	UBS Group	Lower Target	Buy	$190.00 ➝ $182.00	Low
4/27/2022	Guggenheim	Boost Target		$188.00 ➝ $193.00	Low
4/27/2022	JPMorgan Chase & Co.	Boost Target		$183.00 ➝ $186.00	Medium
4/27/2022	Deutsche Bank Aktiengesellschaft	Boost Target		$173.00 ➝ $175.00	Medium
4/27/2022	Credit Suisse Group	Boost Target		$163.00 ➝ $168.00	Medium
4/27/2022	Citigroup	Boost Target		$194.00 ➝ $198.00	Medium
4/12/2022	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$171.00 ➝ $173.00	Low
3/30/2022	JPMorgan Chase & Co.	Lower Target	Overweight	$185.00 ➝ $180.00	Low
3/9/2022	Wells Fargo & Company	Lower Target	Equal Weight	$175.00 ➝ $170.00	Medium
2/15/2022	DZ Bank	Downgrade	Buy ➝ Hold	$180.00	Low
2/14/2022	Barclays	Lower Target	Overweight	$186.00 ➝ $180.00	Medium
2/11/2022	Credit Suisse Group	Lower Target	Neutral	$166.00 ➝ $164.00	Low
2/8/2022	Morgan Stanley	Boost Target	Overweight	$172.00 ➝ $188.00	Low
2/4/2022	JPMorgan Chase & Co.	Boost Target		$171.00 ➝ $185.00	Medium
1/26/2022	Credit Suisse Group	Boost Target		$157.00 ➝ $166.00	Medium
1/4/2022	Argus	Boost Target	Buy	$180.00 ➝ $195.00	Low
10/7/2021	Evercore ISI	Reiterated Rating	Hold	$160.00	Low
10/7/2021	Barclays	Boost Target	Overweight	$165.00 ➝ $168.00	Low
10/6/2021	UBS Group	Boost Target	Buy	$170.00 ➝ $172.00	High
10/6/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$158.00 ➝ $160.00	High
9/27/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$154.00 ➝ $158.00	Medium
9/21/2021	Guggenheim	Boost Target	Buy	$171.00 ➝ $175.00	Low
7/14/2021	Truist Financial	Boost Target	Hold	$135.00 ➝ $160.00	Medium
7/14/2021	Wells Fargo & Company	Boost Target	Equal Weight	$147.00 ➝ $160.00	Medium
7/14/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$149.00 ➝ $154.00	Medium
7/14/2021	Morgan Stanley	Boost Target	Overweight	$165.00 ➝ $172.00	Medium
7/14/2021	Royal Bank of Canada	Boost Target	Sector Perform	$153.00 ➝ $155.00	Medium
7/14/2021	Citigroup	Boost Target	Buy	$162.00 ➝ $176.00	Medium
7/14/2021	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$155.00 ➝ $157.00	Medium
7/9/2021	Cowen	Reiterated Rating	Buy	$165.00	Low
6/24/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$147.00 ➝ $149.00	Low
4/21/2021	UBS Group	Upgrade	Neutral ➝ Buy	$145.00 ➝ $165.00	Low
4/16/2021	Morgan Stanley	Boost Target	Overweight	$158.00 ➝ $165.00	Low
4/16/2021	Credit Suisse Group	Boost Target	Outperform	$144.00 ➝ $155.00	Medium
4/16/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$145.00 ➝ $147.00	Medium
4/12/2021	Wolfe Research	Initiated Coverage	Peer Perform		Low
4/1/2021	Guggenheim	Reiterated Rating	Buy		Low
3/22/2021	Barclays	Upgrade	Equal Weight ➝ Overweight	$151.00	Medium
2/14/2021	Barclays	Reiterated Rating	Hold ➝ Neutral		Low
2/3/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$143.00 ➝ $148.00	Low
1/19/2021	Sanford C. Bernstein	Initiated Coverage	Underperform	$136.00	Low
1/4/2021	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform	$153.00	N/A
12/7/2020	Wells Fargo & Company	Initiated Coverage	Equal Weight	$157.00	Low
10/12/2020	Citigroup	Upgrade	Neutral ➝ Buy	$148.00 ➝ $169.00	High
10/2/2020	Truist Financial	Boost Target		$130.00 ➝ $135.00	Low
10/2/2020	UBS Group	Boost Target		$140.00 ➝ $146.00	Low
10/2/2020	Morgan Stanley	Boost Target	Overweight	$155.00 ➝ $158.00	Low
7/14/2020	SunTrust Banks	Boost Target	Hold	$125.00 ➝ $130.00	Medium
7/9/2020	Jefferies Financial Group	Boost Target	Hold	$130.00 ➝ $135.00	Low
5/13/2020	Morgan Stanley	Reiterated Rating	Buy		Low
4/29/2020	Citigroup	Lower Target	Neutral	$157.00 ➝ $148.00	Medium
4/29/2020	SunTrust Banks	Boost Target	Hold	$115.00 ➝ $125.00	Medium
4/29/2020	Guggenheim	Boost Target	Buy	$134.00 ➝ $145.00	Medium
4/29/2020	Morgan Stanley	Boost Target	Overweight	$145.00 ➝ $150.00	Low
4/29/2020	Cowen	Boost Target	Outperform	$135.00 ➝ $156.00	High
4/28/2020	Cfra	Boost Target	Strong-Buy	$145.00 ➝ $150.00	Low
4/17/2020	Barclays	Reiterated Rating	Hold	$136.00	Low
4/14/2020	Royal Bank of Canada	Reiterated Rating	Buy	$153.00	High
4/1/2020	The Goldman Sachs Group	Initiated Coverage	Conviction-Buy		Low
3/27/2020	Credit Suisse Group	Upgrade	Underperform ➝ Outperform	$138.00 ➝ $144.00	Medium
3/26/2020	DZ Bank	Reiterated Rating	Hold ➝ Buy	$136.00	High
3/23/2020	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	$115.00 ➝ $153.00	Medium
3/22/2020	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$145.00 ➝ $132.00	Low
3/20/2020	Cfra	Upgrade	Buy ➝ Strong-Buy	$160.00 ➝ $145.00	High
3/20/2020	Guggenheim	Upgrade	Neutral ➝ Buy	$134.00	High
3/17/2020	Evercore ISI	Upgrade	In-Line ➝ Outperform	$130.00	High
3/12/2020	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$145.00 ➝ $143.00	High
2/16/2020	Evercore ISI	Reiterated Rating	Hold		Medium
2/14/2020	SunTrust Banks	Boost Target	Hold	$135.00	Low
2/14/2020	Citigroup	Boost Target	Neutral	$143.00 ➝ $157.00	Low
2/13/2020	Cfra	Boost Target	Buy	$150.00 ➝ $160.00	Medium
12/16/2019	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight		Low
12/15/2019	Evercore ISI	Reiterated Rating	Hold		Low
10/29/2019	Morgan Stanley	Reiterated Rating	Buy	$154.00	Low
10/4/2019	Morgan Stanley	Boost Target	Overweight	$149.00 ➝ $154.00	High
10/4/2019	Credit Suisse Group	Boost Target	Underperform	$117.00 ➝ $126.00	Medium
10/4/2019	Citigroup	Boost Target	Neutral	$139.00 ➝ $143.00	Medium
10/4/2019	BMO Capital Markets	Reiterated Rating	Market Perform	$128.00 ➝ $133.00	High
10/3/2019	JPMorgan Chase & Co.	Set Target	Buy	$154.00	Medium
9/26/2019	Guggenheim	Set Target	Hold	$130.00	Low
9/24/2019	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$141.00 ➝ $142.00	Low
9/11/2019	Morgan Stanley	Boost Target	Overweight	$143.00 ➝ $149.00	Low
9/6/2019	Credit Suisse Group	Boost Target	Underperform	$110.00 ➝ $117.00	Low
7/29/2019	Atlantic Securities	Initiated Coverage	Overweight ➝ Overweight	$145.00	Low
7/11/2019	Argus	Reiterated Rating	Buy		Low
7/10/2019	Morgan Stanley	Boost Target	Overweight	$137.00 ➝ $143.00	Low
7/10/2019	UBS Group	Boost Target	Neutral	$130.00 ➝ $132.00	Low
7/10/2019	Jefferies Financial Group	Boost Target	Hold	$123.00 ➝ $134.00	Low
7/10/2019	SunTrust Banks	Reiterated Rating	Hold	$125.00	Medium
7/10/2019	Bank of America	Boost Target	Buy	$135.00 ➝ $142.00	Medium
7/10/2019	BMO Capital Markets	Reiterated Rating	Market Perform ➝ Average	$128.00	Medium
7/10/2019	Cowen	Boost Target	Outperform	$142.00 ➝ $150.00	High
5/14/2019	Wells Fargo & Company	Boost Target	Market Perform ➝ Positive	$120.00 ➝ $127.00	Low
4/24/2019	Royal Bank of Canada	Set Target	Neutral	$115.00	Low
4/24/2019	The Goldman Sachs Group	Set Target	Neutral	$132.00	Low
4/18/2019	SunTrust Banks	Boost Target	Hold	$120.00	Low
4/18/2019	Morgan Stanley	Reiterated Rating	Overweight ➝ Overweight	$130.00 ➝ $137.00	Medium
4/18/2019	Macquarie	Boost Target	Outperform ➝ Outperform	$126.00 ➝ $138.00	Low
4/18/2019	Royal Bank of Canada	Reiterated Rating	Neutral	$115.00	Low
4/18/2019	Bank of America	Boost Target	Buy ➝ Buy	$130.00 ➝ $135.00	Low
4/18/2019	Argus	Reiterated Rating	Buy		Low
4/18/2019	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$120.00 ➝ $131.00	Low
4/18/2019	The Goldman Sachs Group	Upgrade	Sell ➝ Neutral	$111.00 ➝ $132.00	Low
3/6/2019	Credit Suisse Group	Initiated Coverage	Underperform	$100.00	Low
2/19/2019	Gabelli	Reiterated Rating	Buy		Low
2/19/2019	Morgan Stanley	Boost Target	Overweight ➝ Overweight	$125.00 ➝ $130.00	Low
2/19/2019	Cowen	Boost Target	Outperform ➝ Outperform	$124.00 ➝ $133.00	Low
2/19/2019	Macquarie	Upgrade	Neutral ➝ Outperform	$126.00	Low
2/19/2019	Jefferies Financial Group	Boost Target	Hold	$119.00	Low
2/18/2019	Barclays	Reiterated Rating	Equal Weight ➝ Hold	$104.00 ➝ $111.00	Low
12/13/2018	UBS Group	Initiated Coverage	Neutral ➝ Neutral	$128.00 ➝ $123.00	High
10/5/2018	Morgan Stanley	Reiterated Rating	Overweight		Low
10/5/2018	Macquarie	Downgrade	Outperform ➝ Neutral	$122.00 ➝ $107.00	Low
10/4/2018	Morgan Stanley	Lower Target	Overweight ➝ Buy	$127.00 ➝ $125.00	Low
10/3/2018	Deutsche Bank Aktiengesellschaft	Lower Target	Hold ➝ Hold	$118.00 ➝ $116.00	High
10/3/2018	BMO Capital Markets	Lower Target	Market Perform ➝ Market Perform	$110.00 ➝ $109.00	High
10/3/2018	Citigroup	Lower Target	Neutral ➝ Hold	$118.00 ➝ $116.00	High
10/3/2018	JPMorgan Chase & Co.	Set Target	Buy	$124.00	Medium
10/3/2018	Royal Bank of Canada	Boost Target	Sector Perform	$115.00	High
9/28/2018	Susquehanna Bancshares	Lower Target	Positive ➝ Positive	$136.00 ➝ $135.00	Low
9/28/2018	Macquarie	Set Target	Outperform ➝ Outperform	$120.00 ➝ $122.00	Low
9/13/2018	Guggenheim	Initiated Coverage	Neutral	$117.00	Low
8/20/2018	The Goldman Sachs Group	Reiterated Rating	Sell	$108.00	Medium
7/24/2018	SunTrust Banks	Boost Target	Hold	$110.00	Low
7/11/2018	Citigroup	Boost Target	Neutral ➝ Neutral	$111.00 ➝ $118.00	Low
7/11/2018	Morgan Stanley	Boost Target	Overweight ➝ Buy	$123.00 ➝ $127.00	Low
7/11/2018	JPMorgan Chase & Co.	Set Target	Positive ➝ Buy	$128.00	Low
7/10/2018	Cfra	Set Target	Buy	$129.00	Low
7/3/2018	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$116.00	Low

(Data available from 6/2/2018 forward)

News Sentiment Rating

0.56 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

30 very positive mentions
85 positive mentions
10 negative mentions
9 very negative mentions

Mentions as of

11/4/2022

20 very positive mentions
31 positive mentions
11 negative mentions
2 very negative mentions

Mentions as of

12/4/2022

26 very positive mentions
33 positive mentions
11 negative mentions
2 very negative mentions

Mentions as of

1/3/2023

33 very positive mentions
41 positive mentions
3 negative mentions
9 very negative mentions

Mentions as of

2/2/2023

55 very positive mentions
47 positive mentions
5 negative mentions
6 very negative mentions

Mentions as of

3/4/2023

37 very positive mentions
34 positive mentions
8 negative mentions
5 very negative mentions

Mentions as of

4/3/2023

53 very positive mentions
74 positive mentions
11 negative mentions
0 very negative mentions

Mentions as of

5/3/2023

38 very positive mentions
43 positive mentions
7 negative mentions
6 very negative mentions

Mentions as of

6/2/2023

Current Sentiment

Recent Stories by Sentiment

PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. It operates through the following business segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), PepsiCo Beverages North America (PBNA), Latin America (LatAm), Europe, Africa, Middle East, and South Asia (AMESA), and Asia Pacific, Australia and New Zealand, and China Region (APAC). The FLNA segment consists of branded convenient food businesses in the United States and Canada. The QFNA segment includes cereals, rice, and pasta under the Quaker, Pearl Milling Company, Quaker Chewy, Cap'n Crunch, Life, and Rice-A-Roni brands. The PBNA segment is composed of beverage concentrates, fountain syrups, and finished goods under various beverage brands such as Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Diet Mountain Dew, Sierra Mist, and Mug. The LatAm segment covers beverage, food, and snack businesses in the Latin American region. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. The AMESA segment deals with all beverage and convenient food businesses in Africa, the Middle East, and South Asia. The APA

Today's Range

Now: $183.34

$181.70

$184.04

50 Day Range

MA: $187.50

$181.61

$196.12

52 Week Range

Now: $183.34

$154.86

$196.88

Volume

657,337 shs

Average Volume

4,547,290 shs

Market Capitalization

$252.59 billion

P/E Ratio

38.60

Dividend Yield

2.52%

Beta

0.54

Frequently Asked Questions

What sell-side analysts currently cover shares of PepsiCo?: The following Wall Street analysts have issued reports on PepsiCo in the last year: Argus, Barclays PLC, Citigroup Inc., Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Morgan Stanley, Redburn Partners, Royal Bank of Canada, Sanford C. Bernstein, StockNews.com, UBS Group AG, Wedbush, and Wells Fargo & Company.
View the latest analyst ratings for PEP.
What is the current price target for PepsiCo?: 12 Wall Street analysts have set twelve-month price targets for PepsiCo in the last year. Their average twelve-month price target is $190.25, suggesting a possible upside of 4.4%. Morgan Stanley has the highest price target set, predicting PEP will reach $210.00 in the next twelve months. Redburn Partners has the lowest price target set, forecasting a price of $141.00 for PepsiCo in the next year.
View the latest price targets for PEP.
What is the current consensus analyst rating for PepsiCo?: PepsiCo currently has 1 sell rating, 6 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PEP, but not buy more shares or sell existing shares.
View the latest ratings for PEP.
What other companies compete with PepsiCo?: Other companies that are similar to PepsiCo include Coca-Cola, Diageo, Procter & Gamble, Philip Morris International and Unilever. Learn More about companies similar to PepsiCo.
How do I contact PepsiCo's investor relations team?: PepsiCo's physical mailing address is 700 ANDERSON HILL RD, PURCHASE NY, 10577. The company's listed phone number is (914) 253-2000 and its investor relations email address is [email protected]. The official website for PepsiCo is www.pepsico.com. Learn More about contacing PepsiCo investor relations.

PepsiCo - PEP Stock Price Target and Predictions

Analyst Price Target for PEP

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.56 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of PepsiCo?

What is the current price target for PepsiCo?

What is the current consensus analyst rating for PepsiCo?

What other companies compete with PepsiCo?

How do I contact PepsiCo's investor relations team?