TD Cowen Forecasts Strong Price Appreciation for PepsiCo (NASDAQ:PEP) Stock

PepsiCo (NASDAQ:PEP) had its price target increased by equities researchers at TD Cowen from $162.00 to $165.00 in a report issued on Friday, MarketBeat reports. The firm presently has a “hold” rating on the stock. TD Cowen’s price objective points to a potential upside of 0.04% from the company’s current price.

Other equities analysts have also issued research reports about the stock. Royal Bank Of Canada restated a “sector perform” rating and set a $156.00 price target on shares of PepsiCo in a research report on Wednesday, February 4th. Barclays raised their price target on shares of PepsiCo from $148.00 to $160.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a report on Friday, January 9th. Piper Sandler increased their price objective on PepsiCo from $161.00 to $172.00 and gave the stock an “overweight” rating in a report on Tuesday, December 9th. Finally, Wells Fargo & Company lifted their target price on PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $168.00.

PepsiCo Stock Performance

Shares of PEP stock opened at $164.94 on Friday. The company has a market cap of $225.42 billion, a P/E ratio of 27.49, a PEG ratio of 3.16 and a beta of 0.40. The business has a 50 day moving average of $151.25 and a two-hundred day moving average of $147.98. PepsiCo has a 52 week low of $127.60 and a 52 week high of $171.48. The company has a quick ratio of 0.67, a current ratio of 0.85 and a debt-to-equity ratio of 2.06.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The business had revenue of $29.34 billion for the quarter, compared to analysts’ expectations of $28.96 billion. During the same period in the prior year, the firm earned $1.96 EPS. The business’s quarterly revenue was up 5.6% on a year-over-year basis. As a group, analysts anticipate that PepsiCo will post 8.3 EPS for the current year.

PepsiCo declared that its board has authorized a stock repurchase program on Tuesday, February 3rd that permits the company to buyback $10.00 billion in outstanding shares. This buyback authorization permits the company to repurchase up to 4.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of PEP. SB Capital Management Inc purchased a new stake in PepsiCo in the 4th quarter worth about $596,000. Cambient Family Office LLC purchased a new stake in shares of PepsiCo in the fourth quarter worth approximately $4,546,000. McLaughlin Asset Management Inc. acquired a new stake in shares of PepsiCo during the fourth quarter worth approximately $399,000. Wick Capital Partners LLC purchased a new position in PepsiCo during the fourth quarter valued at approximately $1,454,000. Finally, Mcguire Capital Advisors Inc. purchased a new stake in PepsiCo in the 4th quarter worth approximately $67,000. Hedge funds and other institutional investors own 73.07% of the company’s stock.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: US court blocks a proposed class action over snack pricing, removing a potential legal overhang and limiting near‑term liability risk for PepsiCo. PepsiCo, Frito-Lay win US court order barring class action in snack pricing lawsuit
• Positive Sentiment: New product and portfolio moves aim at faster growth: PepsiCo is pushing prebiotic cola and fiber‑forward snacks and expanding hydration offerings — moves intended to capture health‑conscious consumers and offset legacy snacking trends. PepsiCo Bets On Prebiotic Cola And Fiber Snacks To Sustain Growth
• Positive Sentiment: Marketing and distribution catalysts: PepsiCo rolled out its prebiotic soda nationwide and secured Mountain Dew Baja Blast as the official soft drink of MLB, both supporting brand reach and seasonal volume opportunities. PepsiCo’s prebiotic soda is now nationwide
• Positive Sentiment: TD Cowen nudged its price target modestly higher to $165 and kept a hold rating—a small analyst endorsement that supports the stock near current levels. TD Cowen adjusts price target on PepsiCo to $165
• Neutral Sentiment: Argus moved PepsiCo to a hold rating—reflecting steady fundamentals but limited upside from here. Argus upgrades PepsiCo to hold
• Neutral Sentiment: Industry coverage highlights PepsiCo alongside peers (Coke, Monster, Keurig) as companies navigating innovation and cost pressures; useful context but not a company‑specific catalyst. Zacks Industry Outlook Highlights
• Neutral Sentiment: Longer‑term consumer shifts from GLP‑1 weight‑loss drugs are a thematic risk for snack and beverage demand; PepsiCo is responding with healthier SKUs but the net impact is uncertain. Weight Loss Drugs Challenge Big Food As Diets Change
• Negative Sentiment: Zacks Research cut multiple near‑term and multi‑year EPS estimates (Q1–Q4 2026, FY2027/2028), trimming growth expectations and increasing downside risk to guidance sensitivity and valuation. (Zacks research note)

PepsiCo Company Profile

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.