DalsnaFinance Account

PepsiCo $PEP

Consumer Staples · Soft Drinks & Non-alcoholic Beverages · NASDAQ

S&P 500 Nasdaq-100 Russell 1000 New York

Create a scorecard

$128.38

-0.89 (-0.69%)

As of Oct 15, 2026, 11:04 PM EDT

Price history

Loading chart…

Today's analyst average Analyst average over timeIndividual analyst targets Analyst history starts Jul 6, 2026, the first target we tracked for PEP.

PepsiCo (PEP) is trading down at $128.38 (-0.69%) on NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Consumer Staples sector.

Analyst price targets on PEP

Current price targets from 12 firms average $145, median $145, ranging from $133 to $165 — the average is 13% above the current $128. Each is tracked to its date and scored the same way a member's call is.

RBC Capital Markets $126 → $150 by Oct 2027 Sector Perform Oct 9, 2026 via MarketBeat · RBC Capital Markets's track record
JPMorgan $126 → $137 by Oct 2027 Neutral Oct 9, 2026 via MarketBeat · JPMorgan's track record
Morgan Stanley $126 → $145 by Oct 2027 Oct 9, 2026 via MarketBeat · Morgan Stanley's track record
Citi $126 → $135 by Oct 2027 Neutral Oct 9, 2026 via MarketBeat · Citi's track record
BNP Paribas Exane $126 → $157 by Oct 2027 Outperform Oct 9, 2026 via MarketBeat · BNP Paribas Exane's track record
Piper Sandler $128 → $140 by Oct 2027 Overweight Oct 9, 2026 via TradingView · Piper Sandler's track record
TD Cowen $126 → $133 by Oct 2027 Hold Oct 9, 2026 via Investing.com India · TD Cowen's track record
Goldman Sachs $126 → $165 by Oct 2027 Buy Oct 9, 2026 via Investing.com UK · Goldman Sachs's track record
Jefferies $128 → $152 by Oct 2027 Hold Oct 8, 2026 via Investing.com Canada · Jefferies's track record
Wells Fargo $125 → $135 by Oct 2027 equal weight Oct 5, 2026 via marketbeat.com · Wells Fargo's track record
RBC Capital Markets $126 → $150 by Oct 2027 Oct 3, 2026 via Stocktwits · RBC Capital Markets's track record
Barclays $126 → $144 by Oct 2027 Equal Weight Oct 2, 2026 via Stocktwits · Barclays's track record

Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.

PepsiCo revenue & net income history (FY2016–FY2025)

RevenueNet incomeNet margin (right axis, %)

PepsiCo annual financial statements
	FY2016Dec 2016	FY2017Dec 2017	FY2018Dec 2018	FY2019Dec 2019	FY2020Dec 2020	FY2021Dec 2021	FY2022Dec 2022	FY2023Dec 2023	FY2024Dec 2024	FY2025Dec 2025
Income statement
Revenue	$62.8B	$63.5B	$64.7B	$67.2B	$70.4B	$79.5B	$86.4B	$91.5B	$91.9B	$93.9B
Growth (year over year)	−0.4%	+1.2%	+1.8%	+3.9%	+4.8%	+12.9%	+8.7%	+5.9%	+0.4%	+2.3%
Gross profit	$34.6B	$34.7B	$35.3B	$37.0B	$38.6B	$42.4B	$45.8B	$49.6B	$50.1B	$50.9B
Gross margin	55.1%	54.7%	54.6%	55.1%	54.8%	53.3%	53.0%	54.2%	54.6%	54.1%
Operating income	$9.80B	$10.3B	$10.1B	$10.3B	$10.1B	$11.2B	$11.5B	$12.0B	$12.9B	$11.5B
Operating margin	15.6%	16.2%	15.6%	15.3%	14.3%	14.0%	13.3%	13.1%	14.0%	12.2%
Net income	$6.33B	$4.86B	$12.5B	$7.31B	$7.12B	$7.62B	$8.91B	$9.07B	$9.58B	$8.24B
Net margin	10.1%	7.6%	19.4%	10.9%	10.1%	9.6%	10.3%	9.9%	10.4%	8.8%
EPS (diluted)	$4.36	$3.38	$8.78	$5.20	$5.12	$5.49	$6.42	$6.56	$6.95	$6.00
Balance sheet
Cash and equivalents	$9.16B	$10.6B	$8.72B	$5.51B	$8.19B	$5.60B	$4.95B	$9.71B	$8.51B	$9.16B
Total assets	$73.5B	$79.8B	$77.6B	$78.5B	$92.9B	$92.4B	$92.2B	$100.5B	$99.5B	$107.4B
Total liabilities	$62.3B	$68.8B	$63.0B	$63.7B	$79.4B	$76.2B	$74.9B	$81.9B	$81.3B	$86.9B
Long-term debt	$30.1B	$33.8B	$28.3B	$29.1B	$40.4B	$36.0B	$35.7B	$37.6B	$37.2B	$42.3B
Shareholders' equity	$11.2B	$11.0B	$14.5B	$14.8B	$13.5B	$16.0B	$17.1B	$18.5B	$18.0B	$20.4B
Cash flow
Operating cash flow	$10.7B	$10.0B	$9.41B	$9.65B	$10.6B	$11.6B	$10.8B	$13.4B	$12.5B	$12.1B
Capital expenditure	$3.04B	$2.97B	$3.28B	$4.23B	$4.24B	$4.63B	$5.21B	$5.52B	$5.32B	$4.42B
Free cash flow	$7.62B	$7.06B	$6.13B	$5.42B	$6.37B	$6.99B	$5.60B	$7.92B	$7.19B	$7.67B
Dividends paid	$4.23B	$4.47B	$4.93B	$5.30B	$5.51B	$5.82B	$6.17B	$6.68B	$7.23B	$7.64B
Share buybacks	$3.00B	$2.00B	$2.00B	$3.00B	$2.00B	$106.0M	$1.50B	$1.00B	$1.00B	$1.00B

RevenueNet incomeNet margin (right axis, %)

PepsiCo quarterly financial statements
	Q4 FY24^†Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25^†Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026	Q3 FY26Sep 2026
Income statement
Revenue	$27.8B	$17.9B	$22.7B	$23.9B	$29.3B	$19.4B	$24.2B	$25.3B
Growth (year over year)	−0.2%	−1.8%	+1.0%	+2.7%	+5.6%	+8.5%	+6.4%	+5.6%
Gross profit	$14.6B	$9.99B	$12.4B	$12.8B	$15.6B	$10.7B	$13.1B	$13.8B
Gross margin	52.6%	55.8%	54.7%	53.6%	53.2%	55.2%	54.2%	54.4%
Operating income	$2.25B	$2.58B	$1.79B	$3.57B	$3.56B	$3.21B	$4.02B	$4.26B
Operating margin	8.1%	14.4%	7.9%	14.9%	12.1%	16.5%	16.6%	16.9%
Net income	$1.52B	$1.83B	$1.26B	$2.60B	$2.54B	$2.33B	$2.98B	$3.05B
Net margin	5.5%	10.2%	5.6%	10.9%	8.7%	12.0%	12.3%	12.1%
EPS (diluted)	$1.11	$1.33	$0.92	$1.90	$1.85	$1.70	$2.18	$2.23
Balance sheet
Cash and equivalents	$8.51B	$8.27B	$7.63B	$8.13B	$9.16B	$10.5B	$10.3B	$10.7B
Total assets	$99.5B	$101.7B	$105.3B	$106.6B	$107.4B	$110.6B	$112.2B	$112.0B
Total liabilities	$81.3B	$83.2B	$86.8B	$87.0B	$86.9B	$89.1B	$89.9B	$89.5B
Long-term debt	$37.2B	$39.4B	$39.3B	$44.1B	$42.3B	$42.6B	$42.6B	$42.7B
Shareholders' equity	$18.0B	$18.4B	$18.4B	$19.4B	$20.4B	$21.4B	$22.1B	$22.3B
Cash flow
Operating cash flow	$6.29B	−$973.0M	$1.97B	$4.47B	$6.62B	$41.0M	$2.32B	$5.58B
Capital expenditure	$2.47B	$603.0M	$904.0M	$992.0M	$1.92B	$447.0M	$819.0M	$916.0M
Free cash flow	$3.82B	−$1.58B	$1.06B	$3.48B	$4.70B	−$406.0M	$1.50B	$4.67B
Dividends paid	$1.86B	$1.88B	$1.86B	$1.95B	$1.95B	$1.97B	$1.95B	$2.02B
Share buybacks	$240.0M	$183.0M	$311.0M	$258.0M	$248.0M	$182.0M	$297.0M	$260.0M

From PepsiCo's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About PepsiCo

PepsiCo, Inc. is an American multinational food and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc., PepsiCo has since expanded from its namesake product Pepsi to a diversified range of food and beverage brands. Significant acquisitions include Tropicana Products in 1998, the Quaker Oats Company in 2001, which added the Gatorade brand to the Pepsi portfolio, and Pioneer Foods in 2020 for US$1.7 billion.

Source: Wikipedia — PepsiCo