Analysts project PepsiCo share price targets amid Q1 growth and World Cup activation
PepsiCo reported core earnings per share of $1.61 on revenue of $19.44 billion, while management reaffirmed full-year organic growth guidance and announced a $10 billion share buyback.
Analysts have issued price targets for PepsiCo following the company’s first-quarter fiscal 2026 earnings report, which showed strong revenue growth and margin expansion. The primary focus of recent market commentary is a projected share price of $180, driven by a bull-case scenario involving World Cup activations, productivity savings, and convenient food recovery.
24/7 Wall St. has set a proprietary 12-month price target of $170.18 for PepsiCo, with a 90% model confidence level. Piper Sandler maintains an Overweight rating on PEP with a $178 price target. TIKR’s long-term model projects a share price of $208 by December 2030.
PepsiCo reported Q1 FY2026 core earnings per share of $1.61 on revenue of $19.44 billion, representing an 8.5% year-over-year increase. Operating margins expanded by 210 basis points to 16.5% in Q1. Management reaffirmed guidance for full-year organic revenue growth of 2% to 4%.
CEO Ramon Laguarta reported a 9% growth in the PepsiCo Beverages North America segment and noted sequential growth in the PepsiCo Foods North America segment. The company announced a $10 billion share buyback authorization and its 54th consecutive dividend increase.
The next earnings catalyst is scheduled for July 9, 2026.
