Pepsico, IncNasdaq: PEP
Consumer Staples · Soft Drinks & Non-alcoholic Beverages
$144.84
-2.70%
Vol: 684K
Research Digest
Monday, June 15, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 14Bernstein initiated PepsiCo at Market Perform with a $143 target, leaving shares roughly flat near their current price.Neutral▶
Bernstein initiated coverage of PepsiCo with a Market Perform rating and a $143 price target, broadly in line with the current price near $144. The stock carries a P/E of ~22.7 and a dividend yield around 3.9%, having recently raised its quarterly dividend. PepsiCo continues to lean on international growth and product innovation, and at CES 2026 announced a multi-year collaboration with Siemens and NVIDIA to transform plant and supply-chain operations. New CFO Steve Schmitt took the role effective November 2025. The main risk remains soft North American consumer demand and margin pressure, with the Bernstein neutral call signaling limited near-term upside. No major price-moving catalyst surfaced in the last 48 hours.
May 21Piper Sandler maintained Buy on PepsiCo, while Citi reaffirmed Buy May 18; stock unchanged near $149 ahead of June 5 ex-dividend date for $1.48 payout.Neutral▶
Piper Sandler reaffirmed its Buy rating on PepsiCo, joined by Citi maintaining a Buy on May 18. PepsiCo declared a $1.48 quarterly dividend on May 6 (a 4% increase), marking 54 consecutive years of dividend hikes; ex-date is June 5. Q1 2026 organic revenue rose 3% with adjusted operating margin widening 10 bps to 15.7%. PepsiCo launched the 2026 IMPACT Edition of its Greenhouse Program in Asia Pacific focused on sustainability. Annual shareholder meeting was held May 6. Stock trading near $149.29, market cap $204B.
May 20PepsiCo stock seen primed for renewed rally on May 18 as $1.48 dividend hike marks 54th consecutive annual increase.Positive▶
On May 18, 2026, 24/7 Wall St. flagged PepsiCo as positioned for a renewed rally, setting a price target of $175.82 (~17.8% upside) with a buy rating. On May 19, shares traded between $147.48 and $150.12, closing at $149.06. On May 6, PepsiCo's Board declared a quarterly dividend of $1.48 per share, a 4% increase YoY, marking the 54th consecutive annual dividend increase. Q1 FY2026 results (released April 23) beat expectations with core EPS of $1.61 vs. $1.54 consensus and revenue of $19.443B (+8.5% YoY), with operating margin expanding 210 bps to 16.5%. International momentum was strong with EMEA core operating profit +29% and Asia Pacific Foods +35%. PepsiCo also launched the 2026 Greenhouse Program IMPACT Edition in Asia Pacific. Risk: domestic snack volume softness and persistent input cost pressure.
May 19PepsiCo eyed for potential rally as analysts highlight upside despite recent weaknessPositive▶
24/7 Wall St. on May 18, 2026 argued PepsiCo's next big rally could be just getting started, citing a $175.82 price target implying ~18% upside. PEP shares traded around $149 in mid-May after a strong Q1 (EPS $1.61 vs $1.54 consensus, revenue $19.44B up 8.5% YoY) and a 4% dividend hike to $1.48/share announced May 6, marking 54 consecutive years of increases. International momentum stood out with EMEA core operating profit up 29% and Asia Pacific Foods up 35%. Risks include sluggish US snack demand and consumer trade-down concerns. Sentiment is positive given dividend growth and analyst Buy consensus.
May 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 15PepsiCo declares 54th consecutive annual dividend hike, raises quarterly payout 4% to $1.48 per sharePositive▶
PepsiCo's board declared a quarterly dividend of $1.48 per share, a 4% increase versus the year-earlier period, marking the company's 54th consecutive annual dividend increase. PepsiCo has paid consecutive quarterly cash dividends since 1965. The company also announced a multi-year collaboration with Siemens and NVIDIA to apply digital twin technology and AI to its plant and supply chain operations. PepsiCo met its 2025 pep+ water goals, replenishing nearly 29 billion liters. Q1 results showed strong international growth (EMEA, Latin America) offsetting slower North America performance. Risk: consumer spending weakness amid rising gas prices and inflation impacts NA volumes.
May 14PepsiCo declared a $1.48/share quarterly dividend (4% increase) and announced TalusAg fertilizer decarbonization partnership following May 6 AGM that reaffirmed governance.Neutral▶
PepsiCo's Board declared a quarterly dividend of $1.48 per share, a 4% increase year-over-year, reinforcing capital return commitments. On May 6, 2026, shareholders held the annual meeting, electing 13 director nominees, ratifying KPMG as auditor, approving executive pay, and rejecting three shareholder proposals as recommended by the Board. The company also announced a collaboration with agriculture-tech firm TalusAg aimed at decarbonizing fertilizer across global supply chains, and launched its 2026 Greenhouse Program 'IMPACT Edition' in Asia Pacific. The PFNA segment showed an improving signal with 2% organic volume growth and 1% organic revenue growth in Q1 2026. Risk: shares traded in a $148.96-$153.24 range on May 14 as investors weigh the pace of the North American foods turnaround against international strength.
May 13PepsiCo declared 4% dividend increase to $1.48/share at its May 6 annual meeting and unveiled the 2026 Greenhouse Program Impact Edition for Asia Pacific sustainability scaling.Positive▶
PepsiCo's Board declared a $1.48 quarterly dividend on May 6, 2026, a 4% increase versus the year-ago period. The company held its virtual 2026 annual shareholder meeting the same day, electing 13 director nominees including new addition David W. Gibbs (12 of 13 nominees independent). PepsiCo also launched the 2026 Greenhouse Program Impact Edition in Asia Pacific to scale proven sustainability startup solutions across its supply chain. The firm reported strong Q1 results alongside product launches across snacks and beverages, including Gatorade's Body of Science women's hydration research, new protein-enhanced snacks, and Tostitos' entry into refrigerated guacamole.
May 12PepsiCo declared a quarterly dividend of $1.48/share on May 6, a 4% increase, and shareholders voted down a human rights oversight proposal at the May 6 annual meeting.Neutral▶
PepsiCo's Board declared a $1.48/share quarterly dividend on May 6, 2026 (a 4% increase YoY), reinforcing income appeal. Shareholders voted against a proposal on human rights oversight at the May 6 annual meeting (results declared May 8). PepsiCo also launched its 2026 Greenhouse Program 'Impact Edition' in Asia Pacific focused on logistics efficiency, sustainable agriculture, and emissions reduction. Q1 2026 organic revenue rose 3% with mid-to-high single-digit growth internationally. Analyst consensus is Buy with a 2026 price target of ~$167. Shares traded near $149 on May 11.
May 11PepsiCo declared $1.48 quarterly dividend, a 4% increase, and announced TalusAg fertilizer decarbonization partnershipPositive▶
On May 6, 2026, PepsiCo's board declared a quarterly dividend of $1.48 per share, a 4% increase versus the year-ago period. The company announced a strategic collaboration with agriculture technology company TalusAg to advance fertilizer decarbonization in global supply chains via low-carbon alternatives. PEP reported strong Q1 results alongside new snack and beverage launches. A shareholder proposal sought enhanced human rights due diligence reporting. Analyst consensus is Buy with a $166.79 12-month target (~7.87% upside). Shares traded between $154.38 and $157.30 on May 10.
May 8PepsiCo increases quarterly dividend 4% to $1.48/share, marks 54th consecutive annual increase; partners with Google Cloud on AI.Positive▶
PepsiCo declared quarterly dividend of $1.48/share (4% increase), boosting annualized dividend to $5.92 from $5.69, marking 54th consecutive annual increase. Announced multi-year strategic collaboration with Google Cloud leveraging Gemini Enterprise Agent Platform and with Siemens and NVIDIA on digital twin and AI technology for supply chain operations. Partnership with TalusAg to advance fertilizer decarbonization. Q1 2026 organic revenue rose 3% with mid-to-high single-digit international growth. Adjusted operating margin widened 10 bps to 15.7%. Analyst consensus is Buy with $166.79 12-month price target.
May 6PepsiCo posts strong Q1 with 8.5% revenue growth and 27% profit rise after price cuts on Lay's, Doritos; partner with Google Cloud.Positive▶
PepsiCo reported strong Q1 2026 with organic revenue up 3% (mid-to-high-single-digit international, low-single-digit North America), aided by price cuts of up to 15% on Lay's, Doritos and other snacks announced in February. Revenue surged 8.5%; profit jumped 27%. Volume gains increased 2% in food business; units up 4%. CEO noted ~300M new consumption occasions in Q1. Company announced multi-year Google Cloud partnership to strengthen digital foundation and 10-year Virtual Power Purchase Agreement in Spain for renewable energy. Brands launched initiatives: Gatorade body science program, new functional/protein snacks, Tostitos refrigerated guacamole. 14 analysts rate PEP as Buy with 12-month target of $166.79 (+7.58% upside).
May 5PepsiCo Q1 2026 earnings beat; price cuts on Lay's/Doritos drive first growth in 12+ monthsPositive▶
PepsiCo posted upbeat Q1 2026 earnings with pricing strategy and product innovation offsetting consumer spending headwinds. Price cuts up to 15% on Lay's, Doritos, and other salty snacks drove first growth in more than a year. Quaker Protein Rice Crisps launch addresses functional snack demand. Mirinda brand unveiled new global "Smile Please" platform with refreshed visual identity. Company announced acquisition of prebiotic soda brand Poppi for nearly $2B, expanding healthier beverage portfolio. PepsiCo entered 10-year Virtual Power Purchase Agreement in Spain for renewable energy transition and strategic Google Cloud collaboration. Stock at $154.31, P/E 24.28, dividend yield 3.7%. Analyst consensus Buy with 12-month target $166.79 (+5.96%).
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| KOCOCA | $80.93 | -0.30% | -0.0% | 23.3x | 0.36 | $349.2B |
| PEPPEPSICO | $144.84 | -2.70% | -0.1% | 16.3x | 0.39 | $203.5B |
| MNSTMONSTER | $92.05 | +6.64% | -2.5% | 33.5x | 0.50 | $84.4B |
| KDPKEURIG | $31.69 | +10.09% | -2.2% | 11.4x | 0.42 | $39.2B |
| WMTWALMART | $119.55 | -1.48% | -9.0% | 36.8x | 0.65 | $967.2B |
| COSTCOSTCO | $973.70 | -7.31% | -2.4% | 46.6x | 0.91 | $466.0B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.