BNP Paribas Exane Issues Pessimistic Forecast for PepsiCo (NASDAQ:PEP) Stock Price

PepsiCo (NASDAQ:PEP) had its price target decreased by BNP Paribas Exane from $161.00 to $157.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. BNP Paribas Exane’s price objective would indicate a potential upside of 24.60% from the company’s current price.

A number of other equities research analysts have also issued reports on the company. Barclays decreased their price target on PepsiCo from $142.00 to $133.00 and set an “equal weight” rating for the company in a research note on Wednesday, September 30th. Bank of America reduced their price target on shares of PepsiCo from $173.00 to $164.00 and set a “neutral” rating on the stock in a research note on Thursday, June 25th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $132.00 price objective on shares of PepsiCo in a research report on Friday. Wells Fargo & Company reduced their target price on shares of PepsiCo from $140.00 to $135.00 and set an “equal weight” rating on the stock in a research report on Monday. Finally, JPMorgan Chase & Co. lowered PepsiCo from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $170.00 to $138.00 in a report on Tuesday, September 29th. Six investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, PepsiCo has an average rating of “Hold” and a consensus price target of $146.25.

PepsiCo Trading Down 1.8%

Shares of NASDAQ PEP traded down $2.34 during trading hours on Friday, hitting $126.00. 5,753,999 shares of the company traded hands, compared to its average volume of 8,067,769. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. The company’s 50 day moving average price is $135.75 and its 200 day moving average price is $143.17. The stock has a market capitalization of $171.98 billion, a price-to-earnings ratio of 16.52, a price-to-earnings-growth ratio of 2.81 and a beta of 0.35. PepsiCo has a 12 month low of $123.47 and a 12 month high of $171.48.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Thursday, October 8th. The company reported $2.34 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.05. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The business had revenue of $25.27 billion for the quarter, compared to the consensus estimate of $24.95 billion. During the same quarter in the prior year, the firm posted $2.29 earnings per share. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.344-8.425 EPS. On average, equities research analysts anticipate that PepsiCo will post 8.56 earnings per share for the current fiscal year.

Insider Transactions at PepsiCo

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the completion of the sale, the executive vice president directly owned 74,825 shares of the company’s stock, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.12% of the stock is owned by company insiders.

Hedge Funds Weigh In On PepsiCo

Institutional investors and hedge funds have recently made changes to their positions in the stock. Evergreen Advisors LLC purchased a new position in shares of PepsiCo in the 1st quarter valued at about $25,000. Montgomery Financial Services LLC acquired a new position in shares of PepsiCo in the 2nd quarter valued at $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of PepsiCo in the 4th quarter valued at $26,000. Atlatl Advisers LLC acquired a new stake in PepsiCo during the 2nd quarter worth $31,000. Finally, Osterweis Capital Management Inc. purchased a new stake in PepsiCo in the second quarter valued at $31,000. 73.07% of the stock is owned by institutional investors and hedge funds.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo reported adjusted third-quarter earnings of $2.34 per share, above the $2.29 analyst consensus, while revenue increased 5.6% year over year to $25.27 billion, also exceeding expectations. PepsiCo earnings top estimates, but company lowers full-year forecast
• Positive Sentiment: International markets delivered strong growth, and healthier snack offerings and improving North American snack volumes provided evidence that PepsiCo’s turnaround initiatives are beginning to gain traction.
• Positive Sentiment: Management plans additional cost reductions and increased investment in North America. The stock’s depressed valuation and sizeable dividend yield may also attract value-oriented investors. PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
• Neutral Sentiment: PepsiCo is raising prices on Doritos, Ruffles, SunChips and some beverages after recently cutting prices. The increases could support revenue and offset inflation, but may further pressure demand among cost-conscious consumers. PepsiCo raising prices on snacks and sodas
• Negative Sentiment: PepsiCo lowered fiscal 2026 core EPS guidance to approximately $8.344–$8.425, below the roughly $8.56 consensus estimate, while citing higher input costs, inflation and continued North American weakness.
• Negative Sentiment: North American beverage and snack volumes remain challenged as consumers reduce soda consumption, seek lower-cost alternatives and shift toward less-processed foods. Analysts warn that PepsiCo may be losing beverage market share to Coca-Cola. PepsiCo is handing market share to Coca-Cola
• Negative Sentiment: Analyst caution and a downgrade pushed the shares to a new 12-month low, reinforcing concerns that the turnaround will take longer and that 2027 volume growth could remain limited.

About PepsiCo

PepsiCo, Inc (NASDAQ:PEP) is a global food and beverage company that develops, manufactures, markets and distributes a broad portfolio of snacks, drinks and convenient foods. Its beverage brands include Pepsi, Mountain Dew, Gatorade, 7UP in select markets, and bubly, while its food and snack brands include Lay’s, Doritos, Cheetos, Tostitos, Fritos, Quaker and Ruffles.

The company’s operations include beverage production and distribution, snack foods, convenient meals and nutrition-oriented products.