9 analysts' median target is $170[FMP target], stock is $157, +8.0% upside potential. After Q1 +4.5% EPS beat[FMP earnings], the stock moved -0.4%.
B = MoonshotScore 30[9-pillar formula] + Council 2/6[6-lens rule]. Form 4: 0 transactions[FMP Form 4].
Q4 consensus: revenue $24.0B[FMP est], EPS $2.20[FMP est]. 4 consecutive quarters of beat[FMP earnings].
Q1 EPS +4.5% beat[FMP] but the stock -0.4% D+1[FMP D+1]. Steve Schmitt promised $447.0M CapEx + a sequential decline in Q4 during the Q1 earnings call[Steve Schmitt capex transcript].
Watchlist
Pfna Volume Growth
pfna_volume_growth
PepsiCo's North America Foods business saw a 2% volume growth, resulting from a combination of factors including more value to the consumer, more space, restaging of key brands, and innovation.
"So when you see the 2% volume growth is a combination of all these elements, more value in some of the core brands, multipacks and multiserve is one lever, but it's a much more holistic."
- Ramon Laguarta, CEO - Q1 FY26 Earnings Call - April 16, 2026
Away From Home Growth
away_from_home_growth
PepsiCo's away-from-home business is growing 3x the average of the company, a result of the company's growth-focused strategy.
"The away from home business is growing 3x the average of the company."
- Ramon Laguarta, CEO - Q1 FY26 Earnings Call - April 16, 2026
International Growth
international_growth
PepsiCo's international business is strategically important and continues to accelerate; no impact on demand has been seen since the war started.
"Now with regards to the international business, as you saw, is very strategic to our long-term growth strategy is one of the key pillars. It's been accelerating. And actually, to your question, it continues to accelerate. So we haven't seen an impact on demand in the last -- since the war started."
- Ramon Laguarta, CEO - Q1 FY26 Earnings Call - April 16, 2026
Inflation Mitigation
inflation_mitigation
PepsiCo will manage inflation through three approaches: growing through it, pushing harder on productivity, and using pricing strategies, prioritizing the first two.
"One, you grow your way through it and really leverage your infrastructure. The second is you push harder on productivity. And third, you do have options with your price pack architecture. We'd like to do the majority of it through the first 2."
- Stephen Schmitt, CFO - Q1 FY26 Earnings Call - April 16, 2026
Permissible Portfolio Growth
permissible_portfolio_growth
PepsiCo's permissible portfolio is growing double digit, indicating the success of the company's focus on healthy and functional products.
"The permissible portfolio is growing double digit in some of the brands."
- Ramon Laguarta, CEO - Q1 FY26 Earnings Call - April 16, 2026
Stock Expert AI - Methodology
9-pillar methodology. - strong. Revenue Growth weak.
How is it calculated? ->6 investor frameworks. 2 bullish (Ray Dalio, Buffett), 1 bearish (Ken Griffin), 3 neutral (Jim Simons, Klarman, Munger).
How is it calculated? ->Quality business, trading at fair value.
How is it calculated? ->Past Performance
Q1 (April 16, 2026): EPS $1.61 vs $1.54 est[FMP], +4.5% beat. D+1 movement: -0.4%[FMP D+1]. Decline despite beat - market reacted to guidance, not numbers.
Q1: EPS $1.61 vs $1.54 beat[FMP], stock -0.4% D+1[FMP].
No RPO/backlog concentration disclosed in Q1 earnings call.
Q1 CapEx $447.0M[FMP cashflow]. Q1 op margin 16.5%[FMP op margin] - this level in Q4 is sensitive to CapEx revision risk.
Not advice - a structural framework for earnings night. Decision discipline is yours.
Market Outlook
You read it in 5 minutes. When the numbers come out on Thursday evening - you know what you're looking at.
Data arrives at night. The framework is ready now.
Data arrives on Thursday evening. The framework is ready on this page: Q4 EPS threshold $2.20[FMP], CapEx threshold "below $447.0M"[Steve Schmitt]. Two anchors, three scenarios.
Comparison Stock Expert AI Pro $24/month ($240/year), 77% cheaper than the total of three earnings-tracking tools ($1,059/year -> $240/year).
Seeking Alpha $299/yr - analyst opinions + earnings coverage TipRanks $360/yr - Smart Score (1-10) + analyst consensus + insider trades Trendspider $400/yr - AI pattern detection + automated TA + multi-timeframe alerts
Prices as of April 2026. Sources: seekingalpha.com/subscriptions - tipranks.com/pricing - trendspider.com/pricing
Stock Expert AI Pro: $24/month ($240/year). Council 7-lens analysis + MoonshotScore 9-pillar + Insider tracker + Technical levels - all in one platform, for every stock.
Educational tool, not investment advice. Past performance does not guarantee future results.
Calendar
DATA GAP: Events not in the FMP /stable/calendar feed - Investor day, analyst day, product launches, regulatory dates. These require company IR page scraping or manual calendar entry.
This PEP (PEP) earnings preview covers the analyst consensus, key catalysts, and what to watch on the earnings call.
Consensus EPS, revenue guidance, segment growth rates, and the tone of management commentary — the full breakdown with sources is on this page.