Barclays Issues Pessimistic Forecast for PepsiCo (NASDAQ:PEP) Stock Price

PepsiCo (NASDAQ:PEP) had its target price dropped by equities researchers at Barclays from $142.00 to $133.00 in a note issued to investors on Wednesday. Barclays‘s target price indicates a potential upside of 3.35% from the company’s current price.

Several other analysts also recently commented on PEP. Morgan Stanley reduced their target price on PepsiCo from $180.00 to $160.00 and set an “equal weight” rating for the company in a research note on Friday, July 10th. Wells Fargo & Company lowered their target price on PepsiCo from $150.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Friday, July 10th. Bank of America reduced their price target on shares of PepsiCo from $173.00 to $164.00 and set a “neutral” rating for the company in a research report on Thursday, June 25th. BNP Paribas Exane lowered their price objective on shares of PepsiCo from $183.00 to $161.00 and set an “outperform” rating on the stock in a report on Wednesday, September 23rd. Finally, Royal Bank Of Canada reduced their price objective on shares of PepsiCo from $163.00 to $161.00 and set a “sector perform” rating for the company in a report on Friday, July 10th. Five research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $151.70.

PepsiCo Stock Performance

Shares of PEP opened at $128.69 on Wednesday. The firm’s fifty day simple moving average is $137.59 and its two-hundred day simple moving average is $144.63. PepsiCo has a 12 month low of $126.42 and a 12 month high of $171.48. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. The stock has a market capitalization of $175.65 billion, a P/E ratio of 16.87, a price-to-earnings-growth ratio of 2.71 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. The business had revenue of $24.18 billion during the quarter, compared to the consensus estimate of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, analysts predict that PepsiCo will post 8.57 EPS for the current year.

Insider Buying and Selling

In related news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction on Monday, July 27th. The stock was sold at an average price of $139.54, for a total transaction of $404,666.00. Following the sale, the executive vice president directly owned 74,825 shares in the company, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.12% of the company’s stock.

Hedge Funds Weigh In On PepsiCo

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Onyx Bridge Wealth Group LLC increased its position in shares of PepsiCo by 2.5% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 2,673 shares of the company’s stock valued at $415,000 after purchasing an additional 66 shares during the last quarter. Wilkerson Advisory Group LLC boosted its stake in PepsiCo by 3.3% in the first quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company’s stock worth $317,000 after buying an additional 66 shares in the last quarter. Richards Merrill & Peterson Inc. grew its position in PepsiCo by 3.6% during the first quarter. Richards Merrill & Peterson Inc. now owns 1,938 shares of the company’s stock valued at $301,000 after acquiring an additional 67 shares during the last quarter. Partners Wealth Management LLC raised its stake in shares of PepsiCo by 3.5% during the first quarter. Partners Wealth Management LLC now owns 1,998 shares of the company’s stock worth $310,000 after acquiring an additional 68 shares in the last quarter. Finally, Pittenger & Anderson Inc. lifted its holdings in shares of PepsiCo by 0.3% in the 1st quarter. Pittenger & Anderson Inc. now owns 24,895 shares of the company’s stock worth $3,866,000 after acquiring an additional 69 shares during the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo raised its annual dividend to $5.92, extending its record streak to 54 consecutive annual increases. At the referenced share price, a $10,000 investment would generate approximately $461 in annual dividend income, supporting the stock’s appeal to income-focused investors. Pepsi Just Extended Its Dividend Streak Again
• Positive Sentiment: The company plans to invest $1 billion in Colombia over five years, including production expansion and support for local farmers. The investment could strengthen PepsiCo’s long-term growth and regional operating footprint, although the near-term earnings impact is unclear. PepsiCo To Invest $1 Billion in Colombia
• Neutral Sentiment: PepsiCo’s third-quarter earnings report is approaching, with analysts expecting only marginal bottom-line improvement. Investors will be watching whether productivity measures can offset softer demand and higher costs. PepsiCo’s Quarterly Earnings Preview
• Negative Sentiment: J.P. Morgan downgraded PepsiCo from Overweight to Neutral and cut its price target from $170 to $138, citing weakness in Frito-Lay and the broader North American snack business. The firm expects PepsiCo to rely more heavily on productivity gains to meet its earnings guidance. JPMorgan Downgrades PepsiCo to Neutral
• Negative Sentiment: Deutsche Bank also cut PepsiCo to Hold and reduced its target to $138 from $155, adding to investor concerns about a complicated turnaround, elevated costs and uncertain growth prospects. Deutsche Bank Lowers PepsiCo Rating
• Negative Sentiment: Planned price increases on sodas, chips and dips could pressure affordability and volume, particularly as consumers remain price-sensitive. Analysts have described the move as a risk to PepsiCo’s demand recovery. PepsiCo Plans to Raise Prices

About PepsiCo

PepsiCo, Inc (NASDAQ:PEP) is a global food and beverage company that develops, manufactures, markets and distributes a broad portfolio of snacks, drinks and convenient foods. Its beverage brands include Pepsi, Mountain Dew, Gatorade, 7UP in select markets, and bubly, while its food and snack brands include Lay’s, Doritos, Cheetos, Tostitos, Fritos, Quaker and Ruffles.

The company’s operations include beverage production and distribution, snack foods, convenient meals and nutrition-oriented products.