Are Wall Street Analysts Bullish on PepsiCo Stock?

Core Insights - PepsiCo, Inc. (PEP) has a market capitalization of $222.7 billion and has outperformed the broader market over the past 52 weeks, with shares rising 16.5% compared to the S&P 500 Index's 15.4% gain [1] - Year-to-date, PEP's stock is up 16.5%, significantly outperforming the S&P 500's return of 1.1% [1] - PEP has also outperformed the First Trust Nasdaq Food & Beverage ETF (FTXG), which increased by 5.3% over the past 52 weeks and 10.1% year-to-date [2] Financial Performance - On February 3, PEP's shares rose 4.9% following better-than-expected Q4 earnings results, with net revenue increasing 5.6% year-over-year to $29.3 billion, surpassing consensus estimates by 1.2% [5] - The adjusted EPS for the quarter was $2.26, reflecting a 15.3% increase from the previous year and slightly exceeding Wall Street estimates [5] - For fiscal 2026, analysts project PEP's EPS to grow by 5% year-over-year to $8.55 [6] Analyst Ratings - Among 21 analysts covering PEP, the consensus rating is a "Moderate Buy," consisting of eight "Strong Buy," 12 "Hold," and one "Strong Sell" [6] - The configuration of analyst ratings has become more bullish, with seven analysts now suggesting a "Strong Buy" [7] - DBS analyst Zheng Feng Chee maintains a "Hold" rating with a price target of $175, indicating a 6.5% potential upside from current levels, while the Street-high price target of $179 suggests an 8.9% potential upside [7]