What is the analyst consensus rating for PEP?

The analyst consensus rating for PEP is "Buy" based on 40 analyst recommendations.

What is the average price target for PEP?

The average 12-month price target for PEP is $158.77, representing an upside of 14.7% from the current price of $138.45.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.

PepsiCo, Inc. (PEP) Forecast: Analyst Ratings & Targets

Latest PEP Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Sep 7, 2026	David Jagielski, CPA	The Motley Fool	Initiates Coverage	Buy	-
Sep 7, 2026	Todd Shriber	TopStockAnalysts	Initiates Coverage	Buy	-
Sep 6, 2026	James Brumley	The Motley Fool	Initiates Coverage	Buy	-
Sep 3, 2026	Derek Lewis	Zacks Equity Research	Initiates Coverage	Hold	-
Sep 1, 2026	John Ballard	The Motley Fool	Initiates Coverage	Buy	-
Aug 28, 2026	Lawrence Rothman	The Motley Fool	Initiates Coverage	Buy	-
Aug 28, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Buy	-
Aug 23, 2026	OnlyFibs	StockTwits	Initiates Coverage	Buy	-
Aug 18, 2026	Micah Zimmerman	The Motley Fool	Initiates Coverage	Buy	-
Aug 15, 2026	Broview	StockTwits	Initiates Coverage	Buy	-
Aug 12, 2026	myman1956	StockTwits	Initiates Coverage	Sell	-
Aug 12, 2026	NYSE:ABT	Investing.com	Initiates Coverage	Sell	-
Aug 12, 2026	Shaun Pruitt	Zacks Equity Research	Initiates Coverage	Sell	-
Aug 11, 2026	UK	Investing.com	Initiates Coverage	Buy	-
Jul 26, 2026	Rajani Lohia	Zacks Equity Research	Initiates Coverage	Buy	-
Jul 13, 2026	Daniel Sparks	The Motley Fool	Initiates Coverage	Buy	-
Jul 13, 2026	Lauren Lieberman	Barclays	Maintains	Hold	$144.00 → $138.00 -6.00 (-4.2%)
Jul 10, 2026	Zheng Feng Chee	DBS	Maintains	Hold	$175.00 → $141.00 -34.00 (-19.4%)
Jul 10, 2026	Stephen Powers	Deutsche Bank	Maintains	Buy	$168.00 → $155.00 -13.00 (-7.7%)
Jul 10, 2026	Kaumil Gajrawala	Jefferies	Maintains	Hold	$152.00
Jul 10, 2026	Robert Moskow	TD Cowen	Reiterates	Hold	$150.00 → $145.00 -5.00 (-3.3%)
Jul 10, 2026	Bonnie Herzog	Goldman Sachs	Maintains	Buy	$183.00 → $180.00 -3.00 (-1.6%)
Jul 10, 2026	Christopher Carey	Wells Fargo	Reiterates	Hold	$150.00 → $140.00 -10.00 (-6.7%)
Jul 10, 2026	Nik Modi	RBC Capital	Reiterates	Hold	$163.00 → $161.00 -2.00 (-1.2%)
Jul 10, 2026	Dara Mohsenian	Morgan Stanley	Maintains	Hold	$180.00 → $160.00 -20.00 (-11.1%)
Jul 9, 2026	Google Beverages - Non-Alcoholic	TipRanks - Google	Reiterates	Buy	$167.00 → $160.00 -7.00 (-4.2%)
Jul 9, 2026	Anthropic Beverages - Non-Alcoholic	TipRanks - Anthropic	Reiterates	Hold	$150.00 → $145.00 -5.00 (-3.3%)
Jul 9, 2026	DeepSeek Beverages - Non-Alcoholic	TipRanks - DeepSeek	Reiterates	Buy	$165.00 → $159.00 -6.00 (-3.6%)
Jul 9, 2026	xAi Beverages - Non-Alcoholic	TipRanks - xAI	Reiterates	Buy	$169.00 → $160.00 -9.00 (-5.3%)
Jul 9, 2026	OpenAI Beverages - Non-Alcoholic	TipRanks - OpenAI	Reiterates	Buy	$163.00 → $160.00 -3.00 (-1.8%)
Jul 9, 2026	Brendan Coffey	The Motley Fool	Initiates Coverage	Buy	-
Jul 9, 2026	Bonnie Herzog	Goldman Sachs	Maintains	Buy	$183.00 → $180.00 -3.00 (-1.6%)
Jul 9, 2026	Peter Grom	UBS	Maintains	Buy	$172.00 → $159.00 -13.00 (-7.6%)
Jul 9, 2026	Robert Ottenstein	Evercore ISI Group	Maintains	Hold	$170.00
Jul 8, 2026	Kevin Grundy	Exane BNP Paribas	Maintains	Buy	$195.00 → $183.00 -12.00 (-6.2%)
Jul 6, 2026	Lauren Lieberman	Barclays	Maintains	Hold	$144.00
Jul 3, 2026	Nik Modi	RBC Capital	Maintains	Hold	$163.00
Jul 2, 2026	Peter Grom	UBS	Reiterates	Buy	$186.00 → $172.00 -14.00 (-7.5%)
Jul 1, 2026	Andrea Faria Teixeira	JP Morgan	Reiterates	Buy	$178.00 → $170.00 -8.00 (-4.5%)
Jun 25, 2026	Unknown Analyst	Erste	Maintains	Hold	-
Jun 25, 2026	Kaumil Gajrawala	Jefferies	Maintains	Hold	$164.00 → $162.00 -2.00 (-1.2%)
Jun 25, 2026	Peter Galbo	BofA Securities	Maintains	Hold	$164.00
Jun 25, 2026	Filippo Falorni	Citi	Maintains	Buy	$182.00 → $170.00 -12.00 (-6.6%)
Jun 12, 2026	Michael Lavery	Piper Sandler	Maintains	Buy	$181.00 → $178.00 -3.00 (-1.7%)
Jun 12, 2026	Robert Moskow	TD Cowen	Maintains	Hold	$165.00 → $150.00 -15.00 (-9.1%)
Jun 11, 2026	Cristian Rios	Bernstein	Initiates	Hold	$143.00
Jun 11, 2026	Nik Modi	RBC Capital	Maintains	Hold	$163.00

David Jagielski, CPA

The Motley Fool

BuyInitiates Coverage

Sep 7

Todd Shriber

TopStockAnalysts

BuyInitiates Coverage

Sep 7

James Brumley

The Motley Fool

BuyInitiates Coverage

Sep 6

Derek Lewis

Zacks Equity Research

HoldInitiates Coverage

Sep 3

John Ballard

The Motley Fool

BuyInitiates Coverage

Sep 1

Lawrence Rothman

The Motley Fool

BuyInitiates Coverage

Aug 28

Zacks Equity Research

BuyInitiates Coverage

Aug 28

OnlyFibs

StockTwits

BuyInitiates Coverage

Aug 23

Micah Zimmerman

The Motley Fool

BuyInitiates Coverage

Aug 18

Broview

StockTwits

BuyInitiates Coverage

Aug 15

myman1956

StockTwits

SellInitiates Coverage

Aug 12

NYSE:ABT

Investing.com

SellInitiates Coverage

Aug 12

Shaun Pruitt

Zacks Equity Research

SellInitiates Coverage

Aug 12

Investing.com

BuyInitiates Coverage

Aug 11

Rajani Lohia

Zacks Equity Research

BuyInitiates Coverage

Jul 26

Daniel Sparks

The Motley Fool

BuyInitiates Coverage

Jul 13

Lauren Lieberman

Barclays

HoldMaintains

$144.00 → $138.00

Jul 13

Zheng Feng Chee

DBS

HoldMaintains

$175.00 → $141.00

Jul 10

Stephen Powers

Deutsche Bank

BuyMaintains

$168.00 → $155.00

Jul 10

Kaumil Gajrawala

Jefferies

HoldMaintains

$152.00

Jul 10

Robert Moskow

TD Cowen

HoldReiterates

$150.00 → $145.00

Jul 10

Bonnie Herzog

Goldman Sachs

BuyMaintains

$183.00 → $180.00

Jul 10

Christopher Carey

Wells Fargo

HoldReiterates

$150.00 → $140.00

Jul 10

Nik Modi

RBC Capital

HoldReiterates

$163.00 → $161.00

Jul 10

Dara Mohsenian

Morgan Stanley

HoldMaintains

$180.00 → $160.00

Jul 10

Google Beverages - Non-Alcoholic

TipRanks - Google

BuyReiterates

$167.00 → $160.00

Jul 9

Anthropic Beverages - Non-Alcoholic

TipRanks - Anthropic

HoldReiterates

$150.00 → $145.00

Jul 9

DeepSeek Beverages - Non-Alcoholic

TipRanks - DeepSeek

BuyReiterates

$165.00 → $159.00

Jul 9

xAi Beverages - Non-Alcoholic

TipRanks - xAI

BuyReiterates

$169.00 → $160.00

Jul 9

OpenAI Beverages - Non-Alcoholic

TipRanks - OpenAI

BuyReiterates

$163.00 → $160.00

Jul 9

Brendan Coffey

The Motley Fool

BuyInitiates Coverage

Jul 9

Bonnie Herzog

Goldman Sachs

BuyMaintains

$183.00 → $180.00

Jul 9

Peter Grom

UBS

BuyMaintains

$172.00 → $159.00

Jul 9

Robert Ottenstein

Evercore ISI Group

HoldMaintains

$170.00

Jul 9

Kevin Grundy

Exane BNP Paribas

BuyMaintains

$195.00 → $183.00

Jul 8

Lauren Lieberman

Barclays

HoldMaintains

$144.00

Jul 6

Nik Modi

RBC Capital

HoldMaintains

$163.00

Jul 3

Peter Grom

UBS

BuyReiterates

$186.00 → $172.00

Jul 2

Andrea Faria Teixeira

JP Morgan

BuyReiterates

$178.00 → $170.00

Jul 1

Unknown Analyst

Erste

HoldMaintains

Jun 25

Kaumil Gajrawala

Jefferies

HoldMaintains

$164.00 → $162.00

Jun 25

Peter Galbo

BofA Securities

HoldMaintains

$164.00

Jun 25

Filippo Falorni

Citi

BuyMaintains

$182.00 → $170.00

Jun 25

Michael Lavery

Piper Sandler

BuyMaintains

$181.00 → $178.00

Jun 12

Robert Moskow

TD Cowen

HoldMaintains

$165.00 → $150.00

Jun 12

Cristian Rios

Bernstein

HoldInitiates

$143.00

Jun 11

Nik Modi

RBC Capital

HoldMaintains

$163.00

Jun 11

PepsiCo, Inc. (PEP) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest PEP Analyst Ratings & Recommendations

Frequently Asked Questions