PEP

AI Research

Dividend +5% to $1.4225/share + PT raised to $181 at Piper Sandler

PepsiCo declared a quarterly dividend of $1.4225 per share, a 5% increase versus the prior year, payable on March 31, 2026, while Piper Sandler raised its price target to $181 from $172 on March 12. The stock trades near $157, below the average analyst target of $171.24, with a consensus rating of Neutral from 8 analysts. Mixed consumer spending trends and competitive pressures in the snacks and beverage markets are headwinds, though PepsiCo's Good Warrior protein snacks and operational improvements are aimed at driving future growth.