Research Analysts Set Expectations for PepsiCo Q3 Earnings

Key Points

• Zacks Research has revised its Q3 2025 earnings per share estimate for PepsiCo down to $2.27, from an earlier forecast of $2.37, while full-year earnings are estimated at $8.30 per share.
• The company's shares rose 1.0% on Friday, with the current trading price at $139.28, compared to a 52-week low of $127.60 and a high of $180.91.
• PepsiCo will pay a quarterly dividend of $1.4225 per share on September 30th, representing an annualized dividend yield of 4.1%.

PepsiCo, Inc. (NASDAQ:PEP - Free Report) - Zacks Research reduced their Q3 2025 earnings per share estimates for PepsiCo in a research note issued on Thursday, July 31st. Zacks Research analyst R. Lohia now expects that the company will post earnings per share of $2.27 for the quarter, down from their prior forecast of $2.37. The consensus estimate for PepsiCo's current full-year earnings is $8.30 per share. Zacks Research also issued estimates for PepsiCo's Q4 2025 earnings at $2.15 EPS, Q1 2026 earnings at $1.56 EPS and Q1 2027 earnings at $1.66 EPS.

Several other equities research analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of PepsiCo in a research report on Thursday, July 17th. Cowen reaffirmed a "hold" rating on shares of PepsiCo in a research report on Thursday, July 17th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $148.00 price objective on shares of PepsiCo in a research report on Tuesday, June 24th. Dbs Bank cut PepsiCo from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 9th. Finally, Barclays increased their price objective on PepsiCo from $132.00 to $144.00 and gave the company an "equal weight" rating in a research report on Monday, July 21st. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $158.73.

PepsiCo Stock Up 1.0%

Shares of NASDAQ:PEP traded up $1.36 on Friday, hitting $139.28. 7,606,047 shares of the company traded hands, compared to its average volume of 9,347,638. PepsiCo has a 52 week low of $127.60 and a 52 week high of $180.91. The company has a quick ratio of 0.60, a current ratio of 0.78 and a debt-to-equity ratio of 2.12. The stock has a 50 day simple moving average of $134.63 and a 200-day simple moving average of $140.89. The company has a market cap of $190.69 billion, a PE ratio of 25.37, a PEG ratio of 3.67 and a beta of 0.45.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.09. PepsiCo had a return on equity of 57.81% and a net margin of 8.23%. The firm had revenue of $22.73 billion during the quarter, compared to the consensus estimate of $22.28 billion. During the same period last year, the company earned $2.28 earnings per share. The company's revenue was up 1.0% on a year-over-year basis.

PepsiCo Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be given a dividend of $1.4225 per share. This represents a $5.69 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, September 5th. PepsiCo's payout ratio is presently 103.64%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in PEP. Nova Wealth Management Inc. purchased a new position in shares of PepsiCo during the 1st quarter valued at about $25,000. Elite Financial Inc. purchased a new position in shares of PepsiCo during the 1st quarter valued at about $28,000. Legend Financial Advisors Inc. purchased a new position in shares of PepsiCo during the 2nd quarter valued at about $29,000. Measured Risk Portfolios Inc. purchased a new position in shares of PepsiCo during the 4th quarter valued at about $31,000. Finally, Frazier Financial Advisors LLC raised its stake in PepsiCo by 85.3% during the 2nd quarter. Frazier Financial Advisors LLC now owns 265 shares of the company's stock valued at $35,000 after purchasing an additional 122 shares during the period. 73.07% of the stock is owned by hedge funds and other institutional investors.

About PepsiCo

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.