PepsiCo (PEP) Stock Forecast & Price Target

$135.31 -6.95 (-4.89%)

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 18 Analyst Ratings

Sell
1

Hold
13

Buy
4

Based on 18 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 18 analysts, 1 has given a sell rating, 13 have given a hold rating, and 4 have given a buy rating for PEP.

Consensus Price Target

$165.50
22.31% Upside

According to the 18 analysts' twelve-month price targets for PepsiCo, the average price target is $165.50. The highest price target for PEP is $183.00, while the lowest price target for PEP is $150.00. The average price target represents a forecasted upside of 22.31% from the current price of $135.31.

Get the Latest News and Ratings for PEP and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for PepsiCo and its competitors.

PEP Analyst Ratings Over Time

Type	Current Forecast 4/24/24 to 4/24/25	1 Month Ago 3/25/24 to 3/25/25	3 Months Ago 1/25/24 to 1/24/25	1 Year Ago 4/25/23 to 4/24/24
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)	6 Buy rating(s)	8 Buy rating(s)	6 Buy rating(s)
Hold	13 Hold rating(s)	13 Hold rating(s)	9 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	$165.50	$169.88	$177.00	$187.33
Forecasted Upside	22.31% Upside	16.73% Upside	18.70% Upside	5.59% 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	2.17	2.55	2.54
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	21.56% Upside	59.10% Upside	22.20% 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
4/22/2025	Royal Bank of Canada 4 of 5 stars	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. 2 of 5 stars	Andrea Teixeira Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$158.00 ➝ $159.00	+11.31%
4/15/2025	Bank of America 3 of 5 stars	Bryan Spillane Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Neutral	$185.00 ➝ $155.00	+6.63%
3/18/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lauren Lieberman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$168.00 ➝ $156.00	+3.08%
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%
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%
2/5/2025	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	$195.00 ➝ $170.00	+18.48%
2/5/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Dara Mohsenian Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$185.00 ➝ $168.00	+17.08%
2/4/2025	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$180.00 ➝ $160.00	+11.31%
🥾⛏️👷‍♂️ What I Learned From Numerous Mine Visits... (Ad) Twenty years ago, I made a decision that changed my life. Instead of sitting behind a desk analyzing mining stocks like most gold analyst CFAs, I decided to visit every significant gold mine I could. 10+ site visits later, I've confirmed my theory... That the most profitable mines share three specific characteristics. When you find all three together, the returns can be staggering. Go here to learn about my Top Four picks for the coming bull mania.
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%
1/16/2025	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	$193.00 ➝ $175.00	+19.39%
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 Thursday at 07:02 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 Sunday, April 20, 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:

The current stock price is around $142.84, showing a recent increase of 2.0%, which may indicate positive market sentiment.
PepsiCo has a strong market capitalization of approximately $195.88 billion, reflecting its stability and presence in the beverage and food industry.
The company reported earnings per share (EPS) of $1.96, exceeding analyst expectations, which can signal strong operational performance.
PepsiCo has a consistent dividend payout, with an annualized dividend yield of 3.79%, providing a steady income stream for investors.
Institutional investors own over 73% of PepsiCo's stock, suggesting confidence from large financial entities in the company's future prospects.

PepsiCo
Bear Case

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

Recent price target reductions by major analysts, such as HSBC and JPMorgan, indicate a cautious outlook on the stock's future performance.
The company's revenue for the latest quarter was down slightly compared to the same period last year, which may raise concerns about growth potential.
PepsiCo has a relatively high debt-to-equity ratio of 2.05, which could indicate financial risk if the company faces economic challenges.
Analysts have assigned a consensus rating of "Hold," suggesting that many believe the stock may not outperform the market in the near term.
Market volatility and changing consumer preferences in the beverage industry could impact PepsiCo's sales and profitability moving forward.

PEP Forecast - Frequently Asked Questions

: According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for PepsiCo is $165.50, with a high forecast of $183.00 and a low forecast of $150.00.
: 18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PepsiCo in the last year. There is currently 1 sell rating, 13 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 22.31% based on their 12-month stock forecasts.
: Over the previous 90 days, PepsiCo's stock had 2 downgrades by analysts.
: PepsiCo has been rated by research analysts at Bank of America, Barclays, BNP Paribas, CICC Research, Citigroup, Evercore ISI, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Royal Bank of Canada, and Wells Fargo & Company 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.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top-Rated Stocks

More Ratings Tools

This page (NASDAQ:PEP) was last updated on 4/24/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

PepsiCo (PEP) Stock Forecast & Price Target