Summary:
- PepsiCo (PEP, Financial) surpasses revenue expectations with $17.92 billion.
- Analysts set a one-year average price target of $160.34, indicating a potential upside of 12.71%.
- GuruFocus projects a GF Value of $185.60, suggesting a significant upside of 30.47%.
PepsiCo (PEP) has delivered a robust revenue performance, generating $17.92 billion and surpassing market expectations by $190 million. However, the company's non-GAAP EPS of $1.48 slightly missed the forecast by $0.01. Despite these mixed results, PepsiCo shows resilience and potential as it addresses short-term sales volume declines.
Wall Street Analysts Forecast
According to the latest projections from 21 analysts, PepsiCo Inc (PEP, Financial) is projected to reach an average target price of $160.34 within the next year. Estimates range from a high of $175.00 to a low of $124.00. This implies a promising upside of 12.71% from the current trading price of $142.26. For more comprehensive forecast details, visit the PepsiCo Inc (PEP) Forecast page.
The consensus from 24 brokerage firms positions PepsiCo Inc (PEP, Financial) at an average recommendation score of 2.8, suggesting a "Hold" status. The rating system varies from 1 to 5, where 1 indicates a Strong Buy and 5 reflects a Sell.
GF Value Estimation
GuruFocus estimates PepsiCo Inc's (PEP, Financial) GF Value in one year to be $185.60. This estimate suggests a notable upside of 30.47% from the current price of $142.26. The GF Value represents GuruFocus' calculation of the fair trading value for the stock, based on its historical trading multiples, past business growth, and future performance expectations. Explore more detailed insights on the PepsiCo Inc (PEP) Summary page.
