BNP Paribas Exane Cuts PepsiCo (NASDAQ:PEP) Price Target to $183.00

PepsiCo (NASDAQ:PEP) had its target price reduced by BNP Paribas Exane from $195.00 to $183.00 in a research note published on Wednesday morning, Marketbeat Ratings reports. They currently have an outperform rating on the stock.

Several other equities analysts also recently commented on PEP. Rothschild & Co Redburn increased their price target on PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Jefferies Financial Group set a $162.00 target price on shares of PepsiCo in a research report on Thursday, June 25th. Royal Bank Of Canada reduced their target price on shares of PepsiCo from $165.00 to $163.00 and set a “sector perform” rating for the company in a research note on Thursday, April 9th. Bank of America cut their price target on PepsiCo from $173.00 to $164.00 and set a “neutral” rating for the company in a report on Thursday, June 25th. Finally, JPMorgan Chase & Co. cut their target price on PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a research note on Wednesday, July 1st. Seven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, PepsiCo currently has a consensus rating of “Hold” and an average target price of $157.70.

PepsiCo Trading Down 0.3%

NASDAQ:PEP opened at $137.38 on Wednesday. The stock has a market cap of $187.77 billion, a PE ratio of 21.57, a price-to-earnings-growth ratio of 2.78 and a beta of 0.36. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.72. The stock’s 50-day moving average is $145.42 and its two-hundred day moving average is $151.46. PepsiCo has a fifty-two week low of $133.75 and a fifty-two week high of $171.48.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.01. The firm had revenue of $24.18 billion during the quarter, compared to analysts’ expectations of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, equities research analysts forecast that PepsiCo will post 8.62 earnings per share for the current fiscal year.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th were given a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Friday, June 5th. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s dividend payout ratio is 92.94%.

Institutional Inflows and Outflows

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

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s Q2 revenue topped Wall Street estimates, supported by stronger international growth and improved volumes in some markets.
• Positive Sentiment: The company reaffirmed its full-year guidance, which can help reassure investors that the turnaround plan is still on track.
• Positive Sentiment: PepsiCo’s long dividend track record remains a draw for income investors, with the company continuing its streak of annual increases.
• Neutral Sentiment: Several firms, including RBC, TD Cowen, Wells Fargo, Citi, and others, lowered price targets after the report, but most still kept neutral or hold-type ratings. Citi Analyst Downgrades PepsiCo Stock (PEP) Despite Q2 Beat, Slashes Target by 15%
• Neutral Sentiment: Analysts remain split between PepsiCo’s dividend/stability appeal and concerns about valuation, margin pressure, and a slow U.S. recovery. PepsiCo’s $200 Billion Stability Play Is Attracting Dividend Investors
• Negative Sentiment: Investors are worried that soft North American snack and beverage demand, plus higher commodity and fuel costs, could keep earnings momentum muted.
• Negative Sentiment: Media coverage compared PepsiCo unfavorably with Coca-Cola, highlighting market-share pressure and a more difficult turnaround narrative for PEP shares.

PepsiCo Company Profile

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.