JPMorgan Chase & Co. Raises PepsiCo (NASDAQ:PEP) Price Target to $178.00

PepsiCo (NASDAQ:PEP) had its price target raised by stock analysts at JPMorgan Chase & Co. from $172.00 to $178.00 in a report issued on Friday, MarketBeat reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 12.89% from the company’s previous close.

Several other analysts have also commented on the company. Rothschild & Co Redburn boosted their price target on PepsiCo from $120.00 to $130.00 and gave the company a “sell” rating in a research note on Tuesday, February 10th. Evercore lifted their price objective on PepsiCo from $165.00 to $170.00 in a report on Friday. Royal Bank Of Canada reduced their target price on shares of PepsiCo from $165.00 to $163.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 9th. Morgan Stanley upped their target price on shares of PepsiCo from $165.00 to $180.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Finally, Piper Sandler lifted their price target on shares of PepsiCo from $172.00 to $181.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, PepsiCo currently has a consensus rating of “Hold” and a consensus target price of $170.05.

PepsiCo Stock Performance

NASDAQ:PEP opened at $157.67 on Friday. The firm has a market capitalization of $215.53 billion, a PE ratio of 24.75, a price-to-earnings-growth ratio of 3.06 and a beta of 0.40. The company has a quick ratio of 0.67, a current ratio of 0.90 and a debt-to-equity ratio of 1.98. PepsiCo has a 12-month low of $127.60 and a 12-month high of $171.48. The firm has a 50-day moving average price of $159.79 and a 200 day moving average price of $151.65.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings data on Thursday, April 16th. The company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.06. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The company had revenue of $19.44 billion for the quarter, compared to the consensus estimate of $18.89 billion. During the same period in the previous year, the business earned $1.48 earnings per share. The company’s quarterly revenue was up 8.5% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. Research analysts anticipate that PepsiCo will post 8.3 earnings per share for the current fiscal year.

PepsiCo announced that its Board of Directors has authorized a share buyback plan on Tuesday, February 3rd that allows the company to repurchase $10.00 billion in shares. This repurchase authorization allows the company to purchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in PEP. Brighton Jones LLC raised its stake in shares of PepsiCo by 12.4% in the fourth quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock worth $9,031,000 after acquiring an additional 6,574 shares during the last quarter. Caxton Associates LLP bought a new stake in shares of PepsiCo during the first quarter valued at approximately $251,000. Sivia Capital Partners LLC increased its holdings in shares of PepsiCo by 138.5% in the second quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock valued at $862,000 after purchasing an additional 3,790 shares in the last quarter. Schnieders Capital Management LLC. raised its position in PepsiCo by 10.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock worth $5,039,000 after purchasing an additional 3,502 shares during the last quarter. Finally, Sei Investments Co. raised its position in PepsiCo by 45.5% in the 2nd quarter. Sei Investments Co. now owns 536,133 shares of the company’s stock worth $70,789,000 after purchasing an additional 167,707 shares during the last quarter. 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: Q1 beat and volume recovery — PepsiCo reported Q1 revenue of $19.44B and EPS of $1.61 (above consensus). Management said recent price cuts on snacks helped revive U.S. food volumes, supporting top-line momentum. PepsiCo tops quarterly revenue estimates as price cuts drive demand
• Positive Sentiment: Broker support rising — Several major banks raised price targets and kept bullish ratings after the quarter (examples: Goldman to $183, BNP Paribas to $195, JPMorgan to $178, Deutsche to $173), giving the stock additional analyst-driven upside. Goldman Sachs adjusts price target on PepsiCo
• Positive Sentiment: Brand and innovation initiatives — Management highlighted a Gatorade overhaul and new product push (including energy and hydration innovations) as part of a broader “hungry and thirsty for growth” strategy that could sustain the recovery. PepsiCo Q1 earnings beat: CEO talks Gatorade overhaul & more
• Neutral Sentiment: Analyst commentary mixed — While many firms raised targets, some analysts struck cautionary notes on margins and consumer trends; expect divergent views to continue driving intraday volatility. What analysts are saying about PepsiCo after its earnings report
• Negative Sentiment: Guidance and revenue outlook under the microscope — FY‑2026 EPS and revenue ranges were viewed as modest versus some consensus math (company-provided EPS range ~8.465–8.628 and revenue guidance slightly below some estimates), which trimmed some upside despite the beat. PepsiCo Analysts Boost Their Forecasts After Upbeat Q1 Earnings
• Negative Sentiment: Reputational/legal hit from Doritos controversy — Coverage notes past controversy cost the company materially; any renewed consumer backlash or litigation headlines could pressure sentiment. PepsiCo Lost Billions Amid a Doritos Controversy

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.