PepsiCo, Inc. (PEP) Stock: Price, Forecast & Analyst Target
PepsiCo, Inc. (PEP) — MoonshotScore 72/100 (Strong band), calculated Oct 4, 2026. Price $125.89 (+0.23%), as of the Oct 2, 2026 trading session; market cap $172B. Expected results Oct 8, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 16.05× (market value Oct 2, 2026; cash Jun 13, 2026) · expected results Oct 8, 2026
PepsiCo, Inc. · PEP · NASDAQ · Consumer Defensive · Beverages - Non-Alcoholic
Research dated 2026-09-12: PepsiCo sells a global mix of branded snacks, pantry foods and beverages through retail, food-service, bottling and digital channels; it is not simply a cola company. The case rests on whether renewed sales and operating-profit momentum can become durable cash generation while pricing and growth investments are funded without adding pressure to an already debt-heavy balance sheet.
Price as of Oct 2, 2026
Key Statistics
MoonshotScore v2 · PepsiCo (PEP)
StrongWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
Elite quality and durable growth, though the balance sheet is only middling. Business Quality: Elite; Financial Safety: Okay; Valuation: Full; Growth Durability: Growing; Momentum: Quiet.
- quarterly revenue $24.18B (Q2 FY2026, quarter ended Jun 2026)
- EPS beat 3 of 8
- expected results Oct 8, 2026
Helping: business quality, durable growth
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 72 | Strong | |
| 73 | Strong | |
| 73 | Strong | |
| 73 | Strong | |
| 72 | Strong | |
| 72 | Strong |
The score was 72 in the stored Oct 3, 2026 snapshot and remains 72 in the current publication computed Oct 4, 2026 (0); the largest pillar moves were Momentum -1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $125.89 | |
| Change on the day | +0.23% | |
| 52-week range | $125.16 – $171.48 | |
| Market capitalisation | $172B | |
| Price / earnings (trailing) | 16.48 | |
| Shares traded on the day | 6.07M | |
| Beta (volatility vs the S&P 500) | 0.36 | |
| Dividends per share (last 12 months) | $5.81 | |
| Dividend yield (last 12 months) | 4.61% |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings call · management outlook
- · Earnings results · above the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
I think in the second half of the year, we're going to have to optimize the return on investment on some of those pricing investments.
Ramon Laguarta · Statement from
We're going to add new layers of productivity second half of the year to be able to fund all these growth investments.
Ramon Laguarta · Statement from
Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsCouncil Score · weighted blend of 2 available disciplines
Council score for PepsiCo (PEP): Bullish Lean
65/100 · B+Some lenses disagree with the MoonshotScore. Compare their readings below; each uses a different method.
5-Factor Breakdown
Legends Council
5 lenses, 5 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Oct 4, 2026
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
One of these lenses reads this company less favourably than the MoonshotScore does: Klarman-style lens. Each lens is a separate scoring function over its own inputs, so a disagreement is a difference of method rather than a correction — the page's answer stays the MoonshotScore above.
On Sep 10, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 5, 2026, except a card that shows its own read date.
Watch the PEP film — every key number, told as a short cinematic story
~2 min · open the film
What is PepsiCo (PEP), and what does it report?
Short answer · as of
Demand comes from purchases of products ranging from Frito-Lay chips and Quaker foods to packaged drinks, fountain beverages, concentrates and home-carbonation goods.
Research dated 2026-09-12.
Demand comes from purchases of products ranging from Frito-Lay chips and Quaker foods to packaged drinks, fountain beverages, concentrates and home-carbonation goods. PepsiCo reaches supermarkets, convenience stores, food-service operators, warehouse clubs, online merchants and independent bottlers through direct-store delivery, customer warehouses and distributors.
Reported revenue therefore measures a combined foods-and-beverages system across North America and international markets. The segment mix gives major weight to North American foods and beverages while also capturing Latin America, international beverage franchises, and markets across Africa, the Middle East and South Asia; consolidated results can move even when individual categories or regions behave differently.
What do the latest results show for PepsiCo (PEP)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $24.18B.
Research dated 2026-09-12.
The latest quarter showed year-over-year growth in revenue, gross profit, operating profit and net income. Revenue and earnings release figures also exceeded prevailing estimates, extending a recent pattern in which reported revenue has generally met or surpassed expectations.
Management says pricing investments still need better returns and plans additional productivity measures to fund growth spending later in the year. That framing matters: the improved results are visible, but the claimed mechanism is prospective and should be judged by whether sales growth persists alongside operating profit and cash conversion.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $24.18B Jun 13, 2026
- Latest quarter · SG&A
- $9.09B Jun 13, 2026
- Latest quarter · FMP standardized operating result
- $4.02B Jun 13, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jun 13, 2026 | $24.18B | Not available | $9.09B | $4.02B |
| Mar 21, 2026 | $19.44B | Not available | $7.52B | $3.21B |
| Dec 27, 2025 | $29.34B | Not available | $12.06B | $3.56B |
| Sep 6, 2025 | $23.94B | Not available | $9.12B | $3.70B |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $24.18B Jul 9, 2026
- Latest report · revenue estimate
- $23.95B Jul 9, 2026
- Latest report · revenue vs estimate
- Above estimate Jul 9, 2026
- Latest report · EPS vs estimate
- Above estimate Jul 9, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Jul 9, 2026 | $24.18B | $23.95B | $2.2000 | $2.1900 |
| Apr 16, 2026 | $19.44B | $18.95B | $1.6100 | $1.5400 |
| Feb 3, 2026 | $29.34B | $28.98B | $2.2600 | $2.2400 |
| Oct 9, 2025 | $23.94B | $23.84B | $2.2900 | $2.2600 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $24.18B | $3.00B | $2.18 (diluted) |
| Q1 FY2026 | $19.44B | $2.34B | $1.70 (diluted) |
| Q4 FY2025 | $29.34B | $2.54B | $1.85 (diluted) |
| Q3 FY2025 | $23.94B | $2.60B | $1.90 (diluted) |
What are the financial strengths and risks for PepsiCo (PEP)?
Short answer
Cash and short-term investments were $10.72B at the Jun 13, 2026 balance-sheet date. Operating cash flow was $2.32B for the quarter ended Jun 13, 2026, meaning operations generated cash. These figures do not establish a cash runway.
Research dated 2026-09-12.
PepsiCo remains strongly profitable and has generated substantial operating cash across the recent series, although cash flow has been uneven and capital spending absorbs a meaningful portion. Cash and short-term investments have risen from earlier periods, adding liquidity after a weak seasonal cash-flow opening.
Debt materially exceeds cash and investments, while liquidity ratios sit below full current-liability coverage. Strong margins and a favorable distress screen temper the concern, but a sustained loss of operating momentum or poor returns on pricing and growth spending would leave less room to finance investment, capital expenditure and liabilities from internally generated cash.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- $2.32B Jun 13, 2026
- Previous quarter · operating cash flow
- $41.00M Mar 21, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Jun 13, 2026 | $2.32B | −$819.00M |
| Mar 21, 2026 | $41.00M | −$447.00M |
| Dec 27, 2025 | $6.62B | −$1.92B |
| Sep 6, 2025 | $4.47B | −$992.00M |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at PepsiCo (PEP)?
Short answer · as of
The next earnings report is expected on Oct 8, 2026.
Research dated 2026-09-12.
Watch whether revenue continues to clear expectations while operating profit grows at least alongside sales. That combination would support the idea that pricing and productivity spending is producing useful volume or mix economics rather than merely lifting costs.
Cash conversion is the harder confirmation. Operating cash should remain comfortably above capital expenditure across the reporting cycle, while cash balances and leverage should avoid moving in opposite directions. Longer-range estimates assume continued revenue and earnings expansion, so faltering profit conversion would challenge the expectations already embedded in the outlook.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
I think in the second half of the year, we're going to have to optimize the return on investment on some of those pricing investments.
Ramon Laguarta ·
We're going to add new layers of productivity second half of the year to be able to fund all these growth investments.
Ramon Laguarta ·
How does PepsiCo compare with its peers?
Short answer
PepsiCo's score ranks 11th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-12.
Unlike a beverage-only peer, PepsiCo earns from snacks, pantry foods and drinks sold through overlapping retail and food-service channels. Unlike a food-only peer, it also participates in packaged beverages, fountain sales, concentrates, bottler relationships and home carbonation.
That breadth changes the exposure rather than eliminating it. North American foods and beverages are both major revenue engines, while international segments add geographic and franchise demand; performance depends on execution across category, channel and region instead of a single beverage franchise.
| Company | Price | Market value | Score |
|---|---|---|---|
| $42.94 Oct 2, 2026 | $84.0B | 97 5-pillar Oct 4, 2026 | |
| $106.50 Oct 2, 2026 | $22.4B | 97 5-pillar Oct 4, 2026 | |
| $85.65 Oct 2, 2026 | $369B | 93 5-pillar Oct 4, 2026 | |
| $55.97 Oct 2, 2026 | $3.21B | 92 5-pillar Oct 4, 2026 | |
| $59.70 Oct 2, 2026 | $129B | 87 5-pillar Oct 4, 2026 | |
| $30.32 Oct 2, 2026 | $2.84B | 87 5-pillar Oct 4, 2026 | |
| $73.43 Oct 2, 2026 | $145B | 83 5-pillar Oct 4, 2026 | |
| $52.64 Oct 2, 2026 | $114B | 81 5-pillar Oct 4, 2026 | |
| $192.04 Oct 2, 2026 | $15.1B | 81 5-pillar Oct 4, 2026 | |
| $101.06 Oct 2, 2026 | $44.8B | 74 5-pillar Oct 4, 2026 | |
| PepsiCo (PEP) — this page | $125.89 | $172B | 72 |
| $9.86 Oct 2, 2026 | $213M | 69 5-pillar Oct 4, 2026 | |
| $26.75 Oct 2, 2026 | $6.84B | 61 5-pillar Oct 4, 2026 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $133.00 – $176.00
- Consensus target
- $146.17
- Median target
- $139.00
Consensus record · Captured .
Measured against a quoted price of $125.89 (as of Oct 2, 2026).
Insider activity
Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Aug 6, 2026
- Transactions
- 12
- Identified insiders
- 5
- Purchases
- 0
- Sales
- 1
- Other transactions
- 11
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
Who holds the shares?
Institutional ownership reported through 13F filings.
- Institutional ownership
- 81.7% Period end Jun 30, 2026
- Previous quarter · ownership
- 76.4% Prior to period end Jun 30, 2026
- Reporting holders
- 3,518 Period end Jun 30, 2026
- Previous quarter · holders
- 3,663 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Blackrock, INC. | 118,281,854 |
| Vanguard Capital Management LLC | 89,257,968 |
| State Street Corp | 60,406,932 |
| Invesco Ltd. | 43,113,398 |
| Vanguard Portfolio Management LLC | 37,159,425 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
What has been published about PepsiCo (PEP)?
PepsiCo Consumer Defensive Stock: Key Questions Answered
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.
Why does Frito-Lay matter to PepsiCo’s beverage investment case?
Frito-Lay makes PepsiCo a large snacks business as well as a beverage company. North American foods and beverages are both major reported revenue pools, so consolidated performance reflects demand and execution across the grocery basket rather than cola alone.
How does PepsiCo get Frito-Lay snacks and Pepsi beverages into stores?
PepsiCo combines direct-store delivery, customer warehouses and distributor networks, with additional access through independent bottlers, retail partners and digital commerce. That structure serves outlets ranging from supermarkets and convenience stores to food-service operators and online merchants.
Are PepsiCo’s pricing investments already paying off?
The latest period brought higher revenue and operating profit and cleared prevailing estimates, but those results do not isolate the contribution from pricing investments. Management is still seeking better returns from that spending and pairing it with added productivity work.
Can PepsiCo fund its growth spending from operating cash?
Recent operating cash flow has covered capital expenditure across much of the reporting series, but conversion has varied sharply between periods. Management intends productivity savings to help fund growth investment, making sustained cash generation an important test of that plan.
What is the PEP stock price today?
The last price recorded on this page for PepsiCo, Inc. (PEP) is $125.89, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the PEP price target?
The analyst consensus price target for PepsiCo, Inc. (PEP) is $146.17 (range $133.00 to $176.00, median $139.00), per FMP data captured Oct 4, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
When are PEP's next earnings?
The next earnings date listed on this page for PepsiCo, Inc. (PEP) is Oct 8, 2026. Companies sometimes move report dates, so the company's own announcement is the final word on timing.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (80 figures)
The 80 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 2 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | Ramon Laguarta (Jul 9, 2026): I think in the second half of the year, we're going to have to optimize the return on investment on some of those pricing investments. Ramon Laguarta (Jul 9, 2026): We're going to add new layers of productivity second half of the year to be able to fund all these growth investments. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | Purchase, NY | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "700 Anderson Hill Road, Purchase, NY, 10577, US". |
FMP — 68 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $125.89 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T08:14:32.317Z. | |
px.change | Change on the day | +0.23% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $172B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:00.000Z. Captured from FMP at 2026-10-04T08:14:31.141Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | +$0.29 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q2 FY2026 | $24.18B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.pe | Price / earnings (trailing) | 16.48 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 6.07M | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 0.36 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Ramon Luis Laguarta | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 306,000 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2021 through FY2025: FY2021 revenue $79.47B, net result $7.62B; FY2022 revenue $86.39B, net result $8.91B; FY2023 revenue $91.47B, net result $9.07B; FY2024 revenue $91.85B, net result $9.58B; FY2025 revenue $93.92B, net result $8.24B | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | Latin America (Segment) $10.55B · Pepsi Co Foods North America $27.53B · International Beverage Franchise $5.00B · Pepsi Co Beverages North America $28.20B · Africa, Middle East and South Asia $18.02B | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | 54.0% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-06-13.revenue_k | Revenue — period end 2026-06-13 | $24.18B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-13.sga_k | SG&A — period end 2026-06-13 | $9.09B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-13.operating_result_k | FMP standardized operating result — period end 2026-06-13 | $4.02B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-21.revenue_k | Revenue — period end 2026-03-21 | $19.44B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-21.sga_k | SG&A — period end 2026-03-21 | $7.52B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-21.operating_result_k | FMP standardized operating result — period end 2026-03-21 | $3.21B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-27.revenue_k | Revenue — period end 2025-12-27 | $29.34B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-27.sga_k | SG&A — period end 2025-12-27 | $12.06B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-27.operating_result_k | FMP standardized operating result — period end 2025-12-27 | $3.56B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-06.revenue_k | Revenue — period end 2025-09-06 | $23.94B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-06.sga_k | SG&A — period end 2025-09-06 | $9.12B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-06.operating_result_k | FMP standardized operating result — period end 2025-09-06 | $3.70B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-07-09.revenue_actual | Revenue · reported — report date 2026-07-09 | $24.18B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-09.revenue_estimated | Revenue · estimate — report date 2026-07-09 | $23.95B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-09.eps_actual | EPS · reported — report date 2026-07-09 | $2.2000 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-09.eps_estimated | EPS · estimate — report date 2026-07-09 | $2.1900 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-16.revenue_actual | Revenue · reported — report date 2026-04-16 | $19.44B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-16.revenue_estimated | Revenue · estimate — report date 2026-04-16 | $18.95B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-16.eps_actual | EPS · reported — report date 2026-04-16 | $1.6100 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-16.eps_estimated | EPS · estimate — report date 2026-04-16 | $1.5400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-03.revenue_actual | Revenue · reported — report date 2026-02-03 | $29.34B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-03.revenue_estimated | Revenue · estimate — report date 2026-02-03 | $28.98B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-03.eps_actual | EPS · reported — report date 2026-02-03 | $2.2600 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-03.eps_estimated | EPS · estimate — report date 2026-02-03 | $2.2400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-09.revenue_actual | Revenue · reported — report date 2025-10-09 | $23.94B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-09.revenue_estimated | Revenue · estimate — report date 2025-10-09 | $23.84B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-09.eps_actual | EPS · reported — report date 2025-10-09 | $2.2900 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-09.eps_estimated | EPS · estimate — report date 2025-10-09 | $2.2600 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $10.72B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | $2.32B | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-13. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $2.18B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $53.21B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 7.78× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-06-13.operating_cash_flow_m | Operating cash flow — period end 2026-06-13 | $2.32B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-21.operating_cash_flow_m | Operating cash flow — period end 2026-03-21 | $41.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-06-13.capex_m | Capital expenditure (reported) — period end 2026-06-13 | −$819.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-21.capex_m | Capital expenditure (reported) — period end 2026-03-21 | −$447.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-27.operating_cash_flow_m | Operating cash flow — period end 2025-12-27 | $6.62B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-27.capex_m | Capital expenditure (reported) — period end 2025-12-27 | −$1.92B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-06.operating_cash_flow_m | Operating cash flow — period end 2025-09-06 | $4.47B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-06.capex_m | Capital expenditure (reported) — period end 2025-09-06 | −$992.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $133.00 – $176.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $146.17 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $139.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied | |
own.insiders | Insider transactions via FMP | 12 transactions · 0 purchases, 1 sales, 11 other transactions · 5 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Aug 6, 2026 | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. | |
own.institutions.depth.ownership_pct | Institutional ownership | 81.7% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.ownership_pct_previous_quarter | Previous quarter · ownership | 76.4% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.institutions.depth.holders | Reporting holders | 3,518 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 3,663 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Blackrock, INC. — shares in provider snapshot | 118,281,854 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | Vanguard Capital Management LLC — shares in provider snapshot | 89,257,968 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | State Street Corp — shares in provider snapshot | 60,406,932 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | Invesco Ltd. — shares in provider snapshot | 43,113,398 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | Vanguard Portfolio Management LLC — shares in provider snapshot | 37,159,425 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 3 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Oct 8, 2026 | UNRECORDED | Stored earnings-calendar observation — Captured 2026-07-19 | |
earn.history | Reported versus estimated, recent quarters | EPS beat 3 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-02 · Expired observation | |
px.range52 | 52-week range | $125.16 – $171.48 | UNRECORDED | Stored company-profile observation — Captured 2026-10-05 |
COMPUTED — 5 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 16.05× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $10.72B at Jun 13, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-13. The inputs do not establish a single common source date for this ratio. |
div.ttm_per_share | Dividends per share, last 12 months (split-adjusted) | $5.81 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-04, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | |
div.ttm_yield | Dividend yield, last 12 months | 4.61% | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. | |
earn.history.depth.2026-07-09.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($24.18B) with the recorded estimate ($23.95B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-07-09.eps_actual.comparison | Latest report · EPS vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($2.2000) with the recorded estimate ($2.1900) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 2 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 72 of 100 · Strong · pillars 90 / 54 / 41 / 70 / 44 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.moonshot_change | MoonshotScore movement | 72 (stored snapshot Oct 3, 2026) → 72 (current publication computed Oct 4, 2026) (0) | OURS | Stock Expert AI current score publication and immutable score snapshots |
Fact-family notes
- Quarterly statement note. Source series as of 2026-06-13. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-06-13.revenue_k,fin.q_table.depth.2026-06-13.sga_k,fin.q_table.depth.2026-06-13.operating_result_k,fin.q_table.depth.2026-03-21.revenue_k,fin.q_table.depth.2026-03-21.sga_k,fin.q_table.depth.2026-03-21.operating_result_k,fin.q_table.depth.2025-12-27.revenue_k,fin.q_table.depth.2025-12-27.sga_k,fin.q_table.depth.2025-12-27.operating_result_k,fin.q_table.depth.2025-09-06.revenue_k,fin.q_table.depth.2025-09-06.sga_k,fin.q_table.depth.2025-09-06.operating_result_k. - Earnings-history note. Source series as of 2026-07-09. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-07-09.revenue_actual,earn.history.depth.2026-07-09.revenue_estimated,earn.history.depth.2026-07-09.revenue_actual.comparison,earn.history.depth.2026-07-09.eps_actual.comparison,earn.history.depth.2026-07-09.eps_actual,earn.history.depth.2026-07-09.eps_estimated,earn.history.depth.2026-04-16.revenue_actual,earn.history.depth.2026-04-16.revenue_estimated,earn.history.depth.2026-04-16.eps_actual,earn.history.depth.2026-04-16.eps_estimated,earn.history.depth.2026-02-03.revenue_actual,earn.history.depth.2026-02-03.revenue_estimated,earn.history.depth.2026-02-03.eps_actual,earn.history.depth.2026-02-03.eps_estimated,earn.history.depth.2025-10-09.revenue_actual,earn.history.depth.2025-10-09.revenue_estimated,earn.history.depth.2025-10-09.eps_actual,earn.history.depth.2025-10-09.eps_estimated. - Cash-flow note. Source series as of 2026-06-13. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-06-13.operating_cash_flow_m,fin.opcf.depth.2026-03-21.operating_cash_flow_m,fin.opcf.depth.2026-06-13.capex_m,fin.opcf.depth.2026-03-21.capex_m,fin.opcf.depth.2025-12-27.operating_cash_flow_m,fin.opcf.depth.2025-12-27.capex_m,fin.opcf.depth.2025-09-06.operating_cash_flow_m,fin.opcf.depth.2025-09-06.capex_m.
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- sedat@stockexpertai.com
Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | PepsiCo, Inc. is a global enterprise that creates, promotes, and supplies a diverse array of drinks and easy-to-prepare food items across the globe. Its operations are structured into seven primary divisions: Frito-Lay North America, Quaker Foods North America, PepsiCo Beverages North America, Latin America, Europe, Africa/Middle East/South Asia, and the Asia Pacific, Australia, New Zealand, and China Region. The company's extensive product catalog encompasses popular snack foods like various dips, cheese snacks, spreads, and a range of chips (including corn, potato, and tortilla varieties). Its pantry staples feature cereals, rice, pasta, baking mixes, beverage syrups, granola bars, grits, oatmeal, rice cakes, and ready-made side dishes. In the beverage sector, PepsiCo offers concentrated syrups, fountain beverages, pre-packaged drinks, ready-to-consume teas, coffees, fruit juices, dairy-based items, and home carbonation systems with associated goods. PepsiCo reaches its broad clientele, which includes wholesale partners, food service providers, various retail outlets like supermarkets, pharmacies, convenience shops, discount stores, large-format retailers, membership-based stores, hard discount retailers, online merchants, and approved independent bottlers. This widespread distribution is achieved via direct store delivery, customer warehouse systems, and comprehensive distributor networks, along with direct sales to consumers through digital commerce channels and retail partners. Established in 1898, the corporation maintains its principal office in Purchase, New York. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | Latin America (Segment): $10.55B; Pepsi Co Foods North America: $27.53B; International Beverage Franchise: $5.00B; Pepsi Co Beverages North America: $28.20B; Africa, Middle East and South Asia: $18.02B | 2025-12-27 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-06-13 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-06-13 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Cash, investments and debt | Total debt: $53.21B; Liquidity basis: cash and short-term investments; Total liabilities: $89.92B; Cash and short-term investments: $10.72B; Cash and investments: $12.90B; Long-term investments: $2.18B; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-06-13 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Trailing twelve-month ratio set | Quick ratio: 0.74; Current ratio: 0.93; Debt to equity: 2.41; Net margin: 10.8%; Gross margin: 54%; Operating margin: 15%; Return on assets: 9.3%; Return on equity: 50.4% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Management outlook — dated call excerpts | Captured record · 2 entries
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-07-09 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2025-12-27 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-07-09 | FMP | Financial Modeling Prep (FMP) earnings |
| Recent SEC filings |
| 2026-07-09 | OFFICIAL | SEC EDGAR filer submissions |
| Most recent periodic reports | Annual: Document: https://www.sec.gov/Archives/edgar/data/77476/000007747626000007/pep-20251227.htm, Filed: 2026-02-03, Period end: 2025-12-27; Quarterly: Document: https://www.sec.gov/Archives/edgar/data/77476/000007747626000035/pep-20260613.htm, Filed: 2026-07-09, Period end: 2026-06-13 | 2026-07-09 | OFFICIAL | SEC EDGAR filer submissions |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $12.90B; Cash and short-term investments: $10.72B; Long-term investments: $2.18B; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-06-13 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-06-13 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Cash against market value | As of: 2026-06-13; Cash basis: cash and short-term investments; Net cash: -$42.50B; Total debt: $53.21B; Cash and investments: $10.72B Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them. | 2026-06-13 | COMPUTED | Computed from the balance sheet and the latest market capitalization |
| Distress and quality screens | Altman Z-score: 3.43; Piotroski F-score: 6 Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) financial scores |
| Next earnings report | Date: 2026-10-08; EPS estimate: $2.3 per share; Revenue estimate: $25.00B The date is our provider's estimate until the company confirms it. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-12 | FMP | Financial Modeling Prep (FMP) analyst estimates |
| Sector / industry (provider taxonomy) | Consumer Defensive / Beverages - Non-Alcoholic The company's SEC filings classify it under SIC 2080 — Beverages. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
Data provided for informational purposes only.
ETFs that hold PEP
Funds in our ETF coverage that list PEP among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.