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PepsiCo Inc has a consensus price target of $186.06 based on the ratings of 19 analysts. The high is $205 issued by UBS on April 6, 2023. The low is $170 issued by Wells Fargo on July 10, 2024. The 3 most-recent analyst ratings were released by TD Cowen, Barclays, and JP Morgan on October 10, 2024, October 10, 2024, and October 9, 2024, respectively. With an average price target of $183 between TD Cowen, Barclays, and JP Morgan, there's an implied 15.24% upside for PepsiCo Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for PepsiCo (NASDAQ:PEP) was reported by TD Cowen on October 10, 2024. The analyst firm set a price target for $183.00 expecting PEP to rise to within 12 months (a possible 15.24% upside). 36 analyst firms have reported ratings in the last year.
The latest analyst rating for PepsiCo (NASDAQ:PEP) was provided by TD Cowen, and PepsiCo downgraded their hold rating.
The last upgrade for PepsiCo Inc happened on March 18, 2024 when Morgan Stanley raised their price target to $190. Morgan Stanley previously had an equal-weight for PepsiCo Inc.
The last downgrade for PepsiCo Inc happened on October 10, 2024 when TD Cowen changed their price target from $190 to $183 for PepsiCo Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PepsiCo, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PepsiCo was filed on October 10, 2024 so you should expect the next rating to be made available sometime around October 10, 2025.
While ratings are subjective and will change, the latest PepsiCo (PEP) rating was a downgraded with a price target of $190.00 to $183.00. The current price PepsiCo (PEP) is trading at is $158.80, which is out of the analyst’s predicted range.
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