PepsiCo (NASDAQ:PEP) Announces FY 2026 Earnings Guidance

PepsiCo (NASDAQ:PEP) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 8.344-8.425 for the period, compared to the consensus estimate of 8.550. The company issued revenue guidance of $99.6 billion-$99.6 billion, compared to the consensus revenue estimate of $98.9 billion.

Analysts Set New Price Targets

Several brokerages have weighed in on PEP. Sanford C. Bernstein set a $134.00 price objective on shares of PepsiCo in a report on Friday, July 10th. Barclays decreased their price objective on shares of PepsiCo from $142.00 to $133.00 and set an “equal weight” rating for the company in a report on Wednesday, September 30th. Piper Sandler set a $176.00 price objective on shares of PepsiCo in a research report on Thursday, July 9th. UBS Group dropped their target price on PepsiCo from $159.00 to $145.00 and set a “buy” rating on the stock in a research report on Friday, October 2nd. Finally, Weiss Ratings cut PepsiCo from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, September 24th. Six analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $149.30.

PepsiCo Stock Performance

Shares of NASDAQ PEP opened at $128.34 on Friday. The stock’s fifty day simple moving average is $135.75 and its 200 day simple moving average is $143.17. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The stock has a market capitalization of $175.17 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 2.81 and a beta of 0.35. PepsiCo has a 52-week low of $123.47 and a 52-week high of $171.48.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data on Thursday, October 8th. The company reported $2.34 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.05. The company had revenue of $25.27 billion during the quarter, compared to analyst estimates of $24.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The business’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the firm earned $2.29 earnings per share. PepsiCo has set its FY 2026 guidance at 8.344-8.425 EPS. As a group, sell-side analysts forecast that PepsiCo will post 8.56 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Friday, September 4th were paid a $1.48 dividend. This represents a $5.92 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Friday, September 4th. PepsiCo’s dividend payout ratio is currently 77.59%.

Insider Activity

In related news, EVP David Flavell sold 2,900 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the completion of the sale, the executive vice president directly owned 74,825 shares in the company, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.12% of the stock is owned by company insiders.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Q3 results exceeded expectations. Adjusted earnings were $2.34 per share versus the $2.29 consensus, while revenue rose 5.6% year over year to $25.27 billion, above estimates. PepsiCo earnings top estimates, but company lowers full-year forecast
• Positive Sentiment: International operations and healthier snacks provided support. Overseas demand, pricing and parts of the snack portfolio helped offset continued weakness in the company’s North American food and beverage businesses.
• Positive Sentiment: Management is pursuing cost reductions and operational changes. CEO Ramon Laguarta said the company will prioritize growth-related initiatives, while PepsiCo expects to return approximately $8.9 billion to shareholders through dividends and buybacks.

About PepsiCo

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.