PepsiCo (NASDAQ:PEP) Given New $195.00 Price Target at BNP Paribas Exane

PepsiCo (NASDAQ:PEP) had its price objective increased by research analysts at BNP Paribas Exane from $191.00 to $195.00 in a report issued on Friday,MarketScreener reports. The brokerage presently has an “outperform” rating on the stock. BNP Paribas Exane’s target price would suggest a potential upside of 23.29% from the stock’s current price.

PEP has been the subject of several other reports. Evercore upped their price objective on shares of PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Wells Fargo & Company raised their target price on PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Argus raised PepsiCo to a “hold” rating in a research report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft cut their price objective on PepsiCo from $176.00 to $169.00 and set a “buy” rating on the stock in a research report on Monday, March 30th. Finally, Wall Street Zen raised PepsiCo from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $170.05.

PepsiCo Stock Up 2.1%

Shares of PepsiCo stock opened at $158.16 on Friday. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.67 and a current ratio of 0.85. PepsiCo has a 52-week low of $127.60 and a 52-week high of $171.48. The stock has a market capitalization of $216.20 billion, a price-to-earnings ratio of 26.36, a P/E/G ratio of 2.99 and a beta of 0.40. The company’s 50 day moving average price is $160.05 and its 200-day moving average price is $151.46.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Thursday, April 16th. The company reported $1.61 EPS for the quarter, topping the consensus estimate of $1.55 by $0.06. The company had revenue of $19.44 billion for the quarter, compared to the consensus estimate of $18.89 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.48 earnings per share. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. Equities research analysts forecast that PepsiCo will post 8.3 EPS for the current year.

PepsiCo declared that its board has authorized a share repurchase program on Tuesday, February 3rd that permits the company to buyback $10.00 billion in outstanding shares. This buyback authorization permits the company to buy up to 4.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its shares are undervalued.

Institutional Investors Weigh In On PepsiCo

Several hedge funds have recently made changes to their positions in PEP. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of PepsiCo in the 4th quarter worth about $26,000. JCIC Asset Management Inc. bought a new stake in PepsiCo during the third quarter worth about $27,000. Swiss RE Ltd. purchased a new stake in PepsiCo in the fourth quarter worth about $28,000. MH & Associates Securities Management Corp ADV bought a new position in shares of PepsiCo during the fourth quarter valued at approximately $29,000. Finally, Imprint Wealth LLC purchased a new position in shares of PepsiCo during the third quarter valued at approximately $31,000. 73.07% of the stock is currently owned by institutional investors.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Q1 beat — PepsiCo reported $1.61 EPS and $19.44B revenue, topping Street estimates and showing broad-based sales growth that signals the turnaround may be working. PepsiCo Q1 2026 Earnings Call Transcript
• Positive Sentiment: Price cuts drove demand — Discounts (up to ~15%) on Lay’s, Doritos and value brands helped North America foods volumes return to growth and materially lifted revenue. This validates management’s tactical pricing move to regain shoppers. Food companies are finally cutting prices. PepsiCo shows it’s worth it
• Positive Sentiment: Product & international momentum — Management highlighted new product initiatives (Gatorade revamp, new snack/DRINK SKUs) and continued strength in international markets and energy/prebiotic beverages, supporting upside beyond pricing actions. PepsiCo Q1 2026 Earnings Call Highlights
• Neutral Sentiment: Guidance reaffirmed but with nuance — PepsiCo reiterated FY26 EPS guidance (~8.465–8.628) while revenue guidance sits a bit below some consensus reads; that keeps the outlook intact but gives investors a mixed signal on near-term top-line ambition. Earnings Snapshot: PepsiCo tops Q1 estimates; reaffirms FY26 outlook
• Positive Sentiment: Market reaction & income appeal — Shares rallied after the print and dividend-focused publications note PepsiCo’s yield and “Dividend King” status look attractive after the pullback, drawing income-oriented buyers. Pepsi says price cuts and wellness push are bringing back customers — and the stock surges
• Negative Sentiment: Margin and sustainability risks — While price cuts are boosting volume and top line, they potentially compress margins if input costs or inflation re-accelerate; management warned inflationary pressures remain a risk. Despite Iran War’s Effects, PepsiCo Says Consumers Still Spending on Snacks
• Negative Sentiment: Corporate/legal noise — A recent EEOC settlement and activist-driven pressure mean ongoing execution scrutiny; not material to fundamentals today but worth monitoring for governance and cost impacts. PepsiCo Settles EEOC Lawsuit

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.