PepsiCo (NASDAQ:PEP) Issues FY 2026 Earnings Guidance

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

PepsiCo Price Performance

Shares of NASDAQ:PEP opened at $125.97 on Friday. The company has a market cap of $171.94 billion, a PE ratio of 15.83, a P/E/G ratio of 2.98 and a beta of 0.35. PepsiCo has a fifty-two week low of $123.47 and a fifty-two week high of $171.48. 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 firm has a 50-day simple moving average of $135.48 and a 200 day simple moving average of $143.05.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Thursday, October 8th. The company reported $2.34 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.05. The firm had revenue of $25.27 billion for the quarter, compared to the consensus estimate of $24.95 billion. PepsiCo had a return on equity of 53.72% and a net margin of 11.09%. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.29 EPS. PepsiCo has set its FY 2026 guidance at 8.344-8.425 EPS. On average, sell-side analysts anticipate that PepsiCo will post 8.39 EPS for the current year.

PepsiCo Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. TD Cowen reduced their price objective on PepsiCo from $145.00 to $133.00 and set a “hold” rating for the company in a research note on Monday, September 28th. Piper Sandler cut their target price on shares of PepsiCo from $176.00 to $140.00 and set an “overweight” rating for the company in a research report on Friday. Barclays dropped their target price on shares of PepsiCo from $142.00 to $133.00 and set an “equal weight” rating on the stock in a research report on Wednesday, September 30th. Bank of America lowered their price target on shares of PepsiCo from $173.00 to $164.00 and set a “neutral” rating on the stock in a report on Thursday, June 25th. Finally, Royal Bank Of Canada dropped their target price on shares of PepsiCo from $161.00 to $150.00 and set a “sector perform” rating for the company in a research report on Tuesday. Five research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $145.85.

Insider Transactions at PepsiCo

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

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: International growth, pricing gains and improving North American snack volumes helped PepsiCo exceed quarterly revenue and earnings expectations. PepsiCo Q3 Earnings and Revenues Beat Estimates on International Growth
• Positive Sentiment: UBS said the stock’s valuation discount appears difficult to justify despite the slower North American recovery, suggesting attractive risk-reward at recent levels. Pepsi Offers Attractive Risk-Reward Despite Lowered 2026 Outlook
• Positive Sentiment: PepsiCo completed a $746 million repurchase of 5 million shares, supporting per-share value and signaling continued capital returns alongside its dividend program. Is PepsiCo a Bargain Following Its Buyback?

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.