Investment Analysts’ Weekly Ratings Updates for PepsiCo (PEP)

A number of research firms have changed their ratings and price targets for PepsiCo (NASDAQ: PEP):

• 3/12/2026 – PepsiCo had its price target raised by Piper Sandler from $172.00 to $181.00. They now have an “overweight” rating on the stock.
• 3/7/2026 – PepsiCo was upgraded by Wall Street Zen from “hold” to “buy”.
• 3/2/2026 – PepsiCo had its price target raised by Royal Bank Of Canada from $156.00 to $165.00. They now have a “sector perform” rating on the stock.
• 2/20/2026 – PepsiCo had its price target raised by TD Cowen from $162.00 to $165.00. They now have a “hold” rating on the stock.
• 2/17/2026 – PepsiCo was upgraded by Argus to “hold”.
• 2/10/2026 – PepsiCo had its price target raised by Rothschild & Co Redburn from $120.00 to $130.00. They now have a “sell” rating on the stock.
• 2/5/2026 – PepsiCo had its price target raised by HSBC Holdings plc from $152.00 to $175.00. They now have a “hold” rating on the stock.
• 2/4/2026 – PepsiCo had its “buy” rating reaffirmed by UBS Group AG. They now have a $190.00 price target on the stock.
• 2/4/2026 – PepsiCo had its “sector perform” rating reaffirmed by Royal Bank Of Canada. They now have a $156.00 price target on the stock.
• 2/4/2026 – PepsiCo was given a new $191.00 price target by BNP Paribas Exane.
• 2/4/2026 – PepsiCo had its “outperform” rating reaffirmed by BNP Paribas Exane.
• 2/4/2026 – PepsiCo had its price target raised by Citigroup Inc. from $170.00 to $182.00. They now have a “buy” rating on the stock.
• 2/4/2026 – PepsiCo had its price target raised by Wells Fargo & Company from $154.00 to $165.00. They now have an “equal weight” rating on the stock.
• 2/4/2026 – PepsiCo had its price target raised by Evercore Inc from $152.00 to $165.00.
• 2/4/2026 – PepsiCo had its price target raised by Morgan Stanley from $165.00 to $180.00. They now have an “equal weight” rating on the stock.
• 2/4/2026 – PepsiCo had its price target raised by JPMorgan Chase & Co. from $164.00 to $176.00. They now have an “overweight” rating on the stock.
• 2/4/2026 – PepsiCo had its price target raised by TD Cowen from $155.00 to $162.00. They now have a “hold” rating on the stock.
• 2/4/2026 – PepsiCo had its price target raised by Barclays PLC from $148.00 to $160.00. They now have an “equal weight” rating on the stock.
• 1/16/2026 – PepsiCo was given a new $148.00 price target by Barclays PLC.
• 1/16/2026 – PepsiCo was upgraded by BNP Paribas Exane from “hold” to “outperform”. They now have a $179.00 price target on the stock.
• 1/14/2026 – PepsiCo had its price target lowered by UBS Group AG from $172.00 to $170.00. They now have a “buy” rating on the stock.

PepsiCo Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th will be paid a $1.4225 dividend. The ex-dividend date is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.6%. PepsiCo’s dividend payout ratio (DPR) is currently 94.83%.

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.