PepsiCo (NASDAQ:PEP) Stock Price Expected to Rise, BNP Paribas Exane Analyst Says

PepsiCo (NASDAQ:PEP) had its price target lifted by research analysts at BNP Paribas Exane from $191.00 to $195.00 in a report issued on Friday,MarketScreener reports. The firm currently has an “outperform” rating on the stock. BNP Paribas Exane’s price target suggests a potential upside of 23.68% from the company’s current price.

Several other brokerages also recently weighed in on PEP. Evercore upped their target price on PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Royal Bank Of Canada reduced their target price on PepsiCo from $165.00 to $163.00 and set a “sector perform” rating for the company in a research note on Thursday, April 9th. Wall Street Zen raised PepsiCo from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Wells Fargo & Company increased their price objective on PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Finally, JPMorgan Chase & Co. reduced their price objective on PepsiCo from $176.00 to $172.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $170.05.

PepsiCo Trading Down 0.4%

Shares of PEP stock opened at $157.67 on Friday. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.90 and a quick ratio of 0.67. The company has a market cap of $215.53 billion, a price-to-earnings ratio of 24.75, a PEG ratio of 3.06 and a beta of 0.40. The stock has a 50 day simple moving average of $159.79 and a 200-day simple moving average of $151.65. PepsiCo has a 1-year low of $127.60 and a 1-year high of $171.48.

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

PepsiCo declared that its board has approved a stock buyback plan on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the company to purchase up to 4.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Institutional Trading of PepsiCo

Hedge funds and other institutional investors have recently modified their holdings of the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of PepsiCo in the 4th quarter worth $26,000. JCIC Asset Management Inc. acquired a new stake in shares of PepsiCo in the 3rd quarter worth $27,000. Swiss RE Ltd. acquired a new stake in shares of PepsiCo in the 4th quarter worth $28,000. MH & Associates Securities Management Corp ADV acquired a new stake in shares of PepsiCo in the 4th quarter worth $29,000. Finally, Imprint Wealth LLC acquired a new stake in shares of PepsiCo in the 3rd quarter worth $31,000. 73.07% of the stock is owned by institutional investors and hedge funds.

Key PepsiCo News

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.