PepsiCo (PEP) Stock Forecast & Price Target

$131.80 +0.01 (+0.01%)

As of 04:00 PM Eastern

PepsiCo - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 19 Analyst Ratings

Sell
1

Hold
14

Buy
4

Based on 19 Wall Street analysts who have issued ratings for PepsiCo in the last 12 months, the stock has a consensus rating of "Hold." Out of the 19 analysts, 1 has given a sell rating, 14 have given a hold rating, and 4 have given a buy rating for PEP.

Consensus Price Target

$160.69
21.92% Upside

According to the 19 analysts' twelve-month price targets for PepsiCo, the average price target is $160.69. The highest price target for PEP is $183.00, while the lowest price target for PEP is $135.00. The average price target represents a forecasted upside of 21.92% from the current price of $131.80.

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PEP Analyst Ratings Over Time

Type	Current Forecast 5/20/24 to 5/20/25	1 Month Ago 4/20/24 to 4/20/25	3 Months Ago 2/20/24 to 2/19/25	1 Year Ago 5/21/23 to 5/20/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	5 Buy rating(s)	8 Buy rating(s)	6 Buy rating(s)
Hold	14 Hold rating(s)	13 Hold rating(s)	11 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$160.69	$168.12	$171.47	$187.58
Forecasted Upside	21.92% Upside	17.70% Upside	17.60% Upside	4.03% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

PEP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PEP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

PepsiCo Stock vs. The Competition

Type	PepsiCo	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.16	2.54	2.54
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	22.02% Upside	47.92% Upside	13.03% Upside
News Sentiment Rating	Positive News See Recent PEP News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/9/2025	Dbs Bank 0 of 5 stars	Z. Chee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
4/28/2025	Barclays 3 of 5 stars	L. Lieberman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$143.00 ➝ $135.00	+0.60%
4/25/2025	Morgan Stanley 3 of 5 stars	Dara Mohsenian Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$168.00 ➝ $153.00	+14.78%
4/25/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Peter Grom Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$175.00 ➝ $169.00	+27.27%
4/25/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Filippo Falorni Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$170.00 ➝ $160.00	+20.94%
4/25/2025	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Bryan Spillane Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$155.00 ➝ $150.00	+10.86%
4/24/2025	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Robert Ottenstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		$140.00	+3.47%
4/22/2025	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Nik Modi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sector Perform ➝ Sector Perform	$163.00 ➝ $163.00	+13.69%
4/21/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Andrea Teixeira Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$158.00 ➝ $159.00	+11.31%
3/12/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Kaumil Gajrawala Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$171.00 ➝ $170.00	+11.60%
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2/7/2025	CICC Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jiayuan Huang Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Market Perform
2/5/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Chris Carey Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$155.00 ➝ $150.00	+4.56%
2/4/2025	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$186.00 ➝ $170.00	+18.07%
2/4/2025	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$162.00 ➝ $160.00	+11.13%
1/22/2025	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Steve Powers Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$184.00 ➝ $178.00	+19.82%
1/8/2025	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Moskow Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	$183.00 ➝ $160.00	+9.93%
1/7/2025	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$171.00	+16.91%
10/10/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Higgs Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong Sell
10/10/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Daga Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
7/19/2024	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$183.00	+7.41%
4/23/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$195.00	+10.51%
4/3/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:58 PM ET.

Should I Buy PepsiCo Stock? PEP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, May 14, 2025. Please send any questions or comments about these PepsiCo pros and cons to contact@marketbeat.com.

PepsiCo
Bull Case

Here are some ways that investors could benefit from investing in PepsiCo:

PepsiCo recently increased its quarterly dividend to $1.4225 per share, reflecting a commitment to returning value to shareholders. This increase indicates a strong financial position and a focus on rewarding investors.
The company reported a revenue of $17.92 billion for the latest quarter, surpassing analysts' expectations, which suggests robust demand for its products and effective management strategies.
PepsiCo has a solid net margin of over 10%, indicating efficient cost management and profitability, which can be attractive for investors looking for stable returns.
The current stock price is around $130, which may present a buying opportunity for investors looking for quality stocks at a discount, especially given the company's strong market presence.
Analysts have set an average target price of approximately $160.69 for PepsiCo, suggesting potential upside for investors based on current valuations.

PepsiCo
Bear Case

Investors should be bearish about investing in PepsiCo for these reasons:

The company reported a slight decline in revenue of 1.8% year-over-year, which may raise concerns about its growth trajectory in a competitive market.
PepsiCo's earnings per share (EPS) of $1.48 for the latest quarter fell short of analysts' expectations, indicating potential challenges in meeting future performance targets.
The stock has experienced a recent decline, trading down about 1% during the latest session, which could signal market volatility and investor uncertainty.
With a dividend payout ratio of 83.68%, there may be concerns about the sustainability of dividend payments if earnings do not improve, potentially impacting long-term investor returns.
Several analysts have downgraded their price targets for PepsiCo, reflecting a cautious outlook on the stock's performance in the near term.

PEP Forecast - Frequently Asked Questions

: According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for PepsiCo is $160.69, with a high forecast of $183.00 and a low forecast of $135.00.
: 19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PepsiCo in the last twelve months. There is currently 1 sell rating, 14 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PEP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PEP, but not buy additional shares or sell existing shares.
: According to analysts, PepsiCo's stock has a predicted upside of 21.92% based on their 12-month stock forecasts.
: Over the previous 90 days, PepsiCo's stock had 3 downgrades by analysts.
: PepsiCo has been rated by research analysts at Bank of America, Barclays, Citigroup, Dbs Bank, Evercore ISI, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Royal Bank of Canada, and UBS Group in the past 90 days.
: Analysts like PepsiCo less than other "consumer staples" companies. The consensus rating for PepsiCo is Hold while the average consensus rating for "consumer staples" companies is Moderate Buy. Learn more on how PEP compares to other companies.

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This page (NASDAQ:PEP) was last updated on 5/20/2025 by MarketBeat.com Staff

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PepsiCo (PEP) Stock Forecast & Price Target