PepsiCo (PEP) Set to Release Quarterly Earnings on Thursday

PepsiCo (NASDAQ:PEP) is expected to announce its Q3 2026 results before the market opens on Thursday, October 8th. Analysts expect PepsiCo to announce earnings of $2.30 per share and revenue of $24.9572 billion for the quarter. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Individuals are encouraged to explore the company’s upcoming Q3 2026 earning report page for the latest details on the call scheduled for Thursday, October 8, 2026 at 8:15 AM ET.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share 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 analyst estimates of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.92 earnings per share. On average, analysts expect PepsiCo to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

PepsiCo Price Performance

NASDAQ:PEP opened at $125.65 on Tuesday. The business’s 50-day moving average is $136.72 and its 200 day moving average is $143.72. PepsiCo has a 12 month low of $124.21 and a 12 month high of $171.48. The company has a market capitalization of $171.50 billion, a P/E ratio of 16.47, a P/E/G ratio of 2.86 and a beta of 0.35. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91.

PepsiCo Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th were paid a $1.48 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a yield of 4.7%. PepsiCo’s payout ratio is presently 77.59%.

Analyst Ratings Changes

A number of research analysts have recently commented on PEP shares. Citigroup lowered their target price on PepsiCo from $145.00 to $142.00 and set a “neutral” rating for the company in a research report on Thursday, September 24th. Wells Fargo & Company lowered their price target on shares of PepsiCo from $140.00 to $135.00 and set an “equal weight” rating for the company in a report on Monday. Barclays dropped their price target on PepsiCo from $142.00 to $133.00 and set an “equal weight” rating for the company in a research report on Wednesday, September 30th. Evercore reduced their price objective on PepsiCo from $150.00 to $135.00 in a research note on Wednesday, September 30th. Finally, UBS Group decreased their price objective on PepsiCo from $159.00 to $145.00 and set a “buy” rating on the stock in a research report on Friday. Five analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, PepsiCo has an average rating of “Hold” and a consensus target price of $150.75.

Insider Buying and Selling

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the transaction, the executive vice president owned 74,825 shares of the company’s stock, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.12% of the company’s stock.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s upcoming earnings report could provide a catalyst if the company delivers on expectations for revenue growth, international momentum and its full-year EPS outlook. Options markets currently imply an earnings-related move of roughly 3.75%. Zacks earnings preview
• Positive Sentiment: Some investors continue to view PepsiCo’s dividend, diversified portfolio and defensive consumer-staples exposure as attractive after the recent decline, potentially limiting downside for long-term holders. Investor bullish case
• Neutral Sentiment: PepsiCo is one of several major consumer companies reporting this week, making its results an important read-through for consumer spending, pricing power and demand trends across the sector. Consumer earnings calendar
• Negative Sentiment: PepsiCo recalled approximately 122,000 cases of Gatorade sold across multiple states because of undeclared dyes. The recall could create limited financial costs and additional scrutiny, although the broader earnings impact is unclear. Gatorade recall report
• Negative Sentiment: Analyst sentiment weakened after Wells Fargo cut its price target to $135 from $140 and maintained an Equal Weight rating. JPMorgan also downgraded PepsiCo to Neutral from Overweight, reinforcing concerns about near-term growth. Wells Fargo price-target cut
• Negative Sentiment: Market commentary increasingly favors Coca-Cola over PepsiCo, citing stronger Diet Coke sales and concerns about Frito-Lay weakness, GLP-1-related changes in eating habits and competition from brands such as OLIPOP. Pepsi versus Coca-Cola analysis

PepsiCo Company Profile

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.