PepsiCo, Inc. (PEP)
NASDAQ: PEP · IEX Real-Time Price · USD
180.31
-1.88 (-1.03%)
At close: May 20, 2024, 4:00 PM
180.60
+0.29 (0.16%)
After-hours: May 20, 2024, 5:40 PM EDT
PepsiCo Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for PepsiCo stock have an average target of 189.45, with a low estimate of 170 and a high estimate of 211. The average target predicts an increase of 5.07% from the current stock price of 180.31.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PepsiCo stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 5 | 5 | 3 | 3 |
Buy | 2 | 2 | 2 | 3 | 3 | 3 |
Hold | 8 | 8 | 7 | 6 | 6 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 14 | 14 | 14 | 14 | 12 | 12 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Jefferies | Jefferies | Strong Buy Maintains $209 → $211 | Strong Buy | Maintains | $209 → $211 | +17.02% | May 16, 2024 |
Barclays | Barclays | Buy Maintains $184 → $185 | Buy | Maintains | $184 → $185 | +2.60% | Apr 25, 2024 |
JP Morgan | JP Morgan | Hold Maintains $178 → $181 | Hold | Maintains | $178 → $181 | +0.38% | Apr 24, 2024 |
Wedbush | Wedbush | Buy Reiterates $195 | Buy | Reiterates | $195 | +8.15% | Apr 23, 2024 |
Barclays | Barclays | Buy Maintains $183 → $184 | Buy | Maintains | $183 → $184 | +2.05% | Apr 12, 2024 |
Financial Forecast
Revenue This Year
95.72B
from 91.47B
Increased by 4.64%
Revenue Next Year
100.24B
from 95.72B
Increased by 4.72%
EPS This Year
8.23
from 6.56
Increased by 25.53%
EPS Next Year
8.90
from 8.23
Increased by 8.13%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 100.8B | 105.6B | 110.9B | 115.6B | 121.5B |
Avg | 95.7B | 100.2B | 104.9B | 109.9B | 115.5B |
Low | 92.0B | 95.8B | 99.6B | 104.1B | 109.5B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 10.2% | 10.3% | 10.6% | 10.2% | 10.6% |
Avg | 4.6% | 4.7% | 4.6% | 4.8% | 5.1% |
Low | 0.6% | 0.1% | -0.6% | -0.8% | -0.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 8.61 | 9.45 | 10.11 | 10.68 | 11.43 |
Avg | 8.23 | 8.90 | 9.53 | 10.12 | 10.87 |
Low | 7.96 | 8.45 | 8.96 | 9.68 | 10.34 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 31.3% | 14.8% | 13.5% | 12.0% | 13.0% |
Avg | 25.5% | 8.1% | 7.1% | 6.2% | 7.4% |
Low | 21.3% | 2.6% | 0.7% | 1.6% | 2.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.