PepsiCo (PEP) Projected to Post Earnings on Thursday

PepsiCo (NASDAQ:PEP) is projected to release its Q1 2026 results before the market opens on Thursday, April 16th. Analysts expect PepsiCo to post earnings of $1.55 per share and revenue of $18.8919 billion for the quarter. Parties can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, April 16, 2026 at 8:15 AM ET.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.02. The company had revenue of $29.34 billion for the quarter, compared to the consensus estimate of $28.96 billion. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.PepsiCo’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.96 EPS. On average, analysts expect PepsiCo to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

PepsiCo Price Performance

PEP stock opened at $155.88 on Tuesday. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67. The firm has a market capitalization of $213.08 billion, a P/E ratio of 25.98, a P/E/G ratio of 3.03 and a beta of 0.40. The business’s 50-day moving average is $160.60 and its two-hundred day moving average is $151.27. PepsiCo has a 1 year low of $127.60 and a 1 year high of $171.48.

PepsiCo Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th were given a $1.4225 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.7%. PepsiCo’s dividend payout ratio (DPR) is currently 94.83%.

PepsiCo announced that its board has initiated a share repurchase plan on Tuesday, February 3rd that authorizes the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization authorizes the company to buy up to 4.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Mcguire Capital Advisors Inc. purchased a new position in shares of PepsiCo in the 4th quarter valued at approximately $67,000. T. Rowe Price Investment Management Inc. grew its stake in shares of PepsiCo by 15.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 22,069 shares of the company’s stock valued at $3,168,000 after purchasing an additional 2,925 shares during the last quarter. Compound Planning Inc. grew its stake in shares of PepsiCo by 30.2% in the 4th quarter. Compound Planning Inc. now owns 13,222 shares of the company’s stock valued at $1,898,000 after purchasing an additional 3,065 shares during the last quarter. TMB Capital Partners LLC purchased a new position in shares of PepsiCo in the 4th quarter valued at approximately $221,000. Finally, Alpine Woods Capital Investors LLC grew its stake in shares of PepsiCo by 13.3% in the 4th quarter. Alpine Woods Capital Investors LLC now owns 39,240 shares of the company’s stock valued at $5,632,000 after purchasing an additional 4,601 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on PEP shares. HSBC increased their price target on PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. Piper Sandler increased their price target on PepsiCo from $172.00 to $181.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. Wells Fargo & Company increased their price target on PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Morgan Stanley raised their target price on PepsiCo from $165.00 to $180.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Finally, Argus raised PepsiCo to a “hold” rating in a research report on Tuesday, February 17th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, PepsiCo currently has an average rating of “Hold” and a consensus target price of $168.47.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Inclusion on a list of high-dividend NASDAQ names highlights PepsiCo’s yield appeal to income investors, supporting demand for the shares. RBC’s coverage note that accompanied the list reiterated a Sector Perform rating (even while trimming the target). Is PepsiCo (PEP) Among the 13 NASDAQ Stocks with Highest Dividends?
• Positive Sentiment: Promotional partnerships and limited-time product variants (e.g., retailer exclusives) can lift short-term sales and velocity for brands PepsiCo owns (snack/cereal lines), which is a near-term sales positive if execution and placement are strong. Walmart adds exclusive flavor of popular cereal
• Positive Sentiment: Macro cost relief: coverage noting a potential easing of “snackflation” suggests commodity/input-cost pressure may be peaking — a tailwind for gross margins if sustained. The ‘Snackflation’ Breaking Point
• Neutral Sentiment: PepsiCo is one of several large, closely watched companies reporting in the coming days; the market is positioning ahead of Q1 results, which increases intraday volatility but is information-driven rather than directional until results arrive. 3 Quarterly Reports to Watch This Week: NFLX, PEP, TSM
• Neutral Sentiment: Analyst commentary and strategy pieces highlight PepsiCo’s growth credentials and innovation momentum, making it attractive for some growth/income portfolios — but these are longer-horizon positives rather than immediate catalysts. Here’s Why PepsiCo (PEP) is a Strong Growth Stock
• Negative Sentiment: Royal Bank of Canada cut its price target to $163 (from $165) and flagged moderating North America demand and tariff-related cost pressure in pre-earnings notes — both items that can compress near-term margins and weigh on the stock ahead of Q1 results. Royal Bank Of Canada Cuts PepsiCo (NASDAQ:PEP) Price Target to $163.00
• Negative Sentiment: Zacks’ pre-earnings coverage warns tariffs and softer North America performance could test margins, increasing the risk that Q1 results or guidance disappoint relative to expectations. That uncertainty is likely a primary driver of today’s downside. PepsiCo Gears Up for Q1 Results: Is It a Smart Pre-Earnings Bet?

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.