BNP Paribas Exane Has Lowered Expectations for PepsiCo (NASDAQ:PEP) Stock Price

PepsiCo (NASDAQ:PEP) had its price target decreased by BNP Paribas Exane from $195.00 to $183.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. BNP Paribas Exane’s price target suggests a potential upside of 26.63% from the company’s current price.

PEP has been the topic of several other reports. The Goldman Sachs Group increased their price objective on shares of PepsiCo from $180.00 to $183.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Rothschild & Co Redburn upped their price target on shares of PepsiCo from $130.00 to $132.00 in a research note on Monday, May 11th. Piper Sandler cut their price objective on shares of PepsiCo from $181.00 to $178.00 and set an “overweight” rating for the company in a research report on Friday, June 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a research report on Monday. Finally, Wall Street Zen cut PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $164.40.

PepsiCo Stock Performance

Shares of PEP stock traded down $0.46 on Wednesday, reaching $144.52. The stock had a trading volume of 1,943,526 shares, compared to its average volume of 7,820,631. PepsiCo has a 12 month low of $132.96 and a 12 month high of $171.48. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98. The firm has a market capitalization of $197.53 billion, a price-to-earnings ratio of 22.70, a P/E/G ratio of 2.89 and a beta of 0.36. The firm’s 50-day moving average is $146.38 and its two-hundred day moving average is $151.68.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings data on Wednesday, April 15th. The company reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.06. The firm had revenue of $19.44 billion for the quarter, compared to analyst estimates of $18.89 billion. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.48 earnings per share. On average, research analysts expect that PepsiCo will post 8.62 EPS for the current fiscal year.

Hedge Funds Weigh In On PepsiCo

A number of hedge funds have recently added to or reduced their stakes in the stock. Evergreen Advisors LLC bought a new stake in shares of PepsiCo during the 1st quarter valued at $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in PepsiCo during the fourth quarter worth about $26,000. Swiss RE Ltd. acquired a new stake in PepsiCo during the fourth quarter worth about $28,000. MH & Associates Securities Management Corp ADV bought a new position in PepsiCo in the 4th quarter valued at about $29,000. Finally, Imprint Wealth LLC acquired a new position in shares of PepsiCo in the 3rd quarter valued at approximately $31,000. Institutional investors own 73.07% of the company’s stock.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Investors are positioning for PepsiCo’s Q2 2026 earnings on July 9, expecting clues on whether pricing changes, product simplification, and new product launches are helping volumes recover. Pepsi Stock: Buy Before Q2 Earnings or Is Coca-Cola the Better Investment?
• Positive Sentiment: Recent coverage suggests PepsiCo is benefiting from optimism that its turnaround gains are holding, which has helped support the stock before results. PepsiCo Rises Ahead of Q2 Results as Investors Bet Turnaround Gains Are Holding
• Positive Sentiment: Media reports that PepsiCo is trying again with Quaker drinks in the U.S. could signal new product and brand-support opportunities if the relaunch gains traction with consumers. PepsiCo tries again with Quaker drinks in US
• Neutral Sentiment: JPMorgan lowered its price target on PepsiCo, reflecting a more cautious near-term view, though the stock still has support from dividend-focused investors. PepsiCo (PEP) Price Target Trimmed at JP Morgan. Here is Why
• Neutral Sentiment: Several articles highlight that PepsiCo is about to report earnings, which is keeping the stock active, but the actual market reaction will likely depend on the results and guidance. Here’s How Much PepsiCo Stock Is Expected to Move After Earnings

About PepsiCo

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.