PepsiCo, Inc. (PEP) Stock Forecast
PEP analyst forecast
as of October 18, 2026- Analyst consensus
- Hold 3.33 / 5 from 24 analysts
- Price target
- $141.59 average of analyst targets
- Upside to target
- +7.7% from the latest close
- Next earnings
- —
- 52-week range
- $123.73 – $170.49
PEP analyst ratings
24 analystsNumber of analysts at each rating.
PEP price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
PEP earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.30 | $2.26 | $2.33 | $2.29 | +0.2% | 17 |
| Next quarter (Mar '27) | $1.60 | $1.51 | $1.66 | $1.61 | −0.5% | 12 |
| Current fiscal year (2026) | $8.39 | $8.35 | $8.47 | $8.14 | +3.1% | 20 |
| Next fiscal year (2027) | $8.64 | $8.35 | $9.23 | $8.39 | +2.9% | 23 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
PEP revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $24.96B | $24.64B | $25.32B | +4.3% | 15 |
| Next quarter (Mar '27) | $19.89B | $19.75B | $20.05B | +2.3% | 8 |
| Current fiscal year (2026) | $99.30B | $99.09B | $99.62B | +5.7% | 19 |
| Next fiscal year (2027) | $101.77B | $100.43B | $103.15B | +2.5% | 21 |
PEP EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
PEP revenue: reported and forecast
PEP EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.43 | $2.30 | $2.30 | $2.30 | $2.30 | −5.6% | 0 up · 2 down |
| Next quarter (Mar '27) | $1.66 | $1.66 | $1.66 | $1.61 | $1.60 | −3.7% | 0 up · 12 down |
| Current fiscal year (2026) | $8.56 | $8.56 | $8.56 | $8.40 | $8.39 | −2.0% | 1 up · 15 down |
| Next fiscal year (2027) | $8.99 | $8.98 | $8.98 | $8.71 | $8.64 | −3.9% | 1 up · 16 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
PEP earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; PEP beat in 11 of 12.
What analysts expect from PEP
24 analysts cover PepsiCo; their consensus rating is hold (3.33 on a 1–5 scale, where 5 is a strong buy). The average price target is $141.59, 7.7% above the latest close of $131.49. Analysts expect earnings of $8.39 per share for 2026, +3.1% from a year earlier. For 2027 the average estimate is $8.64 per share on revenue of $101.8 billion. PepsiCo beat the EPS estimate in 11 of the last 12 quarters.
Related: PEP income statement, PEP key metrics, PEP chart. See the PEP stock overview for the latest quote and news.
PEP forecast FAQ
What is PepsiCo's price target?
The average analyst price target for PepsiCo is $141.59, 7.7% above the latest close of $131.49.
Is PepsiCo a buy, hold or sell?
Of 24 analysts covering PepsiCo, 4 rate it a strong buy, 2 a buy, 17 a hold, 0 a sell and 1 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.
What is PepsiCo's EPS forecast?
Analysts forecast $8.39 per share for 2026 (range $8.35 to $8.47); for 2027 the estimate is $8.64.
What is PepsiCo's revenue forecast?
The average revenue estimate for 2026 is $99.3 billion, growth of 5.7%; for 2027 it is $101.8 billion.
Does PepsiCo usually beat earnings estimates?
PepsiCo reported EPS at or above the analyst estimate in 11 of the last 12 quarters.