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PEP

PepsiCo, Inc.

PEP

NASDAQ·Consumer Defensive·Beverages - Non-Alcoholic·Mkt cap $191.0B

$139.79

-0.39%

P/E

18.32

Mkt Cap

$191.0B

52-Wk Range

$133.73–$171.48

52-Week Range

$133.73 - $171.48

P/E

18.32

Fwd P/E

16.34

Beta

0.36

Div Yield

4.11%

Avg Vol

7.9M

Shares Out

1.4B

Mkt Cap

$191.0B

Price action

Price chart

Down 7.0% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Diversified portfolio of 23 billion-dollar brands reducing revenue concentration risk
  • Unmatched global distribution network with direct-store-delivery capabilities reaching millions of retail points
  • Strong brand equity and consumer loyalty across multiple categories and geographies
  • Vertical integration and operational scale enabling cost efficiency and pricing power
  • Established relationships with major retailers, foodservice operators, and e-commerce platforms

Bear Case

1 risk

  • Low volatility (beta 0.4).

Growth

Stable outlook

Premiumization and innovation in healthier snack and beverage options

Value

Fairly valued vs Food & Beverage peers

Momentum

Stable

-1.6% over 3m

Quality

Strong

Strong fundamentals

Dividend

Solid

4.11% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 8, 2026

Q3 26 RECAP

JUL 9, 2026

Reported EPS of $2.20 vs $2.19 consensus (+0.5% surprise). Revenue of $24.2B vs $23.9B expected (+1.0%). Beat on both top and bottom lines.

EPS beat +0.5%
Rev beat +1.0%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+0.5%

Revenue trend · last 8Q

-0%

-2%

+1%

+3%

+6%

+9%

+6%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$23.3B

$27.8B

$17.9B

$22.7B

$23.9B

$29.3B

$19.4B

$24.2B

Margins · last 8Q

Gross

54.2%

Operating

16.6%

Profit

12.3%

Wall Street consensus

13 analysts · 38% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

5

38%

Hold

6

46%

Sell

2

15%

Median Price Target

Latest: TD Cowen · Aug 28, 2026

vs Industry

How PEP stacks vs Beverages - Non-Alcoholic

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.