PepsiCo (PEP) Stock Slips Amid Revised Guidance and Earnings Miss

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2 days ago
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Key Highlights:

  • PepsiCo's (PEP, Financial) earnings per share slightly miss expectations, but revenue exceeds forecasts.
  • Analysts suggest a potential 12.71% upside based on average price targets.
  • GuruFocus estimates a GF Value with a potential upside of 30.47% for PepsiCo.

PepsiCo Shares React to Financial Adjustments

Shares of PepsiCo (PEP) experienced a decline as the company revised its guidance amidst uncertainties surrounding global trade conditions. The renowned beverage giant posted a non-GAAP earnings per share of $1.48, which fell just short of market expectations. However, PepsiCo reported revenues of $17.92 billion, surpassing forecasts by an impressive $190 million, showcasing its resilience in a challenging economic landscape.

Wall Street Analysts Forecast: A Closer Look

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Taking a deeper dive into analysts' forecasts, the average one-year price target for PepsiCo Inc (PEP, Financial) stands at $160.34, based on evaluations from 21 analysts. Expectations range from a high of $175.00 to a low of $124.00. This average target price suggests a potential upside of 12.71% from PepsiCo's current trading price of $142.26. For more specifics on these estimates, visit the PepsiCo Inc (PEP) Forecast page.

Regarding overall sentiment, 24 brokerage firms provided a consensus recommendation for PepsiCo Inc (PEP, Financial). The average brokerage recommendation sits at 2.8, reflecting a "Hold" status. This rating is derived from a scale where 1 signifies a Strong Buy and 5 indicates a Sell, offering insights into the mixed perspectives from Wall Street analysts.

GF Value Estimation: Potential Growth

According to GuruFocus' proprietary metrics, the estimated GF Value for PepsiCo Inc (PEP, Financial) in one year's time is projected at $185.60. This estimate highlights a significant potential upside of 30.47% from the current share price of $142.26. The GF Value represents GuruFocus' fair value estimation, calculated through the historical trading multiples of the stock, previous business growth trends, and future business performance forecasts. For further data and insights, explore the PepsiCo Inc (PEP) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.