PepsiCo (PEP) Projected to Post Earnings on Thursday

PepsiCo (NASDAQ:PEP) is expected to be posting its Q1 2026 results before the market opens on Thursday, April 16th. Analysts expect PepsiCo to post earnings of $1.55 per share and revenue of $18.8919 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, April 16, 2026 at 8:15 AM ET.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. The firm had revenue of $29.34 billion during the quarter, compared to analyst estimates of $28.96 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. PepsiCo’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.96 EPS. On average, analysts expect PepsiCo to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

PepsiCo Stock Performance

Shares of PEP opened at $154.80 on Thursday. The firm has a 50-day moving average price of $160.34 and a 200 day moving average price of $150.88. The firm has a market capitalization of $211.60 billion, a PE ratio of 25.80, a P/E/G ratio of 3.03 and a beta of 0.40. 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 has a 52-week low of $127.60 and a 52-week high of $171.48.

PepsiCo Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were given a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Friday, March 6th. PepsiCo’s dividend payout ratio is currently 94.83%.

PepsiCo declared that its Board of Directors has initiated a share buyback plan on Tuesday, February 3rd that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the company to reacquire up to 4.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo commissioned eight retrofitted electric trucks in India, advancing its carbon‑reduction and logistics-efficiency goals that can lower operating costs and appeal to ESG-focused investors. PepsiCo commissions eight retrofitted electric trucks in India
• Positive Sentiment: JPMorgan trimmed its price target slightly (from $176 to $172) but kept an Overweight rating, signaling continued buy-side support even after the modest adjustment. JPMorgan adjusts price target on PepsiCo
• Positive Sentiment: Technical/near‑term commentary suggests PepsiCo could see a tactical bounce into Q1 earnings as momentum improves, which may support short‑term upside ahead of results. PepsiCo sets up for a tactical bounce into Q1 earnings
• Neutral Sentiment: Analysts broadly expect Q1 results to be largely in‑line with consensus; investor focus will be on North America foods turnaround, PBNA growth plans, and any comments on geopolitical risks. PepsiCo seen posting in-line Q1
• Neutral Sentiment: Some broker models have trimmed fair value slightly and issued mixed target moves (both upgrades and cuts), indicating divergent views but no consensus negative re‑rating yet. How the PepsiCo investment narrative is shifting
• Negative Sentiment: Repeated media reports say steep Doritos price hikes (bags up ~50% since 2021) led to major sales losses and a subsequent price rollback; coverage suggests this misstep cost the company billions and remains a reputational and volume headwind. How $7 bags of Doritos cost PepsiCo billions
• Negative Sentiment: Price cuts by Frito‑Lay have not fully placated consumers; commentary and short‑term sales weakness have pressured investor sentiment and contributed to share weakness in recent sessions. PepsiCo stock slips as Frito‑Lay price cuts fail to please customers
• Negative Sentiment: Customer/contract losses (e.g., reports that Marriott moved away from Pepsi in some properties) add brand and revenue risk in key venues like hotels and events. Marriott dumps Pepsi

Institutional Investors Weigh In On PepsiCo

A number of institutional investors and hedge funds have recently bought and sold shares of PEP. Mcguire Capital Advisors Inc. purchased a new stake in PepsiCo during the fourth quarter valued at about $67,000. T. Rowe Price Investment Management Inc. lifted its stake in PepsiCo by 15.3% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 22,069 shares of the company’s stock valued at $3,168,000 after buying an additional 2,925 shares in the last quarter. Compound Planning Inc. lifted its stake in PepsiCo by 30.2% during the fourth quarter. Compound Planning Inc. now owns 13,222 shares of the company’s stock valued at $1,898,000 after buying an additional 3,065 shares in the last quarter. TMB Capital Partners LLC purchased a new stake in PepsiCo during the fourth quarter valued at about $221,000. Finally, Alpine Woods Capital Investors LLC lifted its stake in PepsiCo by 13.3% during the fourth quarter. Alpine Woods Capital Investors LLC now owns 39,240 shares of the company’s stock valued at $5,632,000 after buying an additional 4,601 shares in the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company increased their target price on shares of PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Morgan Stanley upped their price target on shares of PepsiCo from $165.00 to $180.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. HSBC upped their price target on shares of PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a report on Thursday, February 5th. UBS Group cut their price target on shares of PepsiCo from $190.00 to $186.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Piper Sandler upped 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 research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, PepsiCo currently has an average rating of “Hold” and a consensus price target of $168.58.

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.