PEP PEPSICO INC
What matters nowUpdated 10 h ago
- On Oct 7 PepsiCo reported fiscal Q3 2026 revenue of $25.27B, up 6% from a year earlier, and cut its fiscal 2026 core constant-currency EPS growth outlook to +1% to +2% from the low end of +4% to +6%, while raising organic revenue growth to about +3% 1 2.
- PepsiCo booked a $192 million restructuring and impairment charge in Q3 and said further structural cost reduction actions are being identified and will be implemented in the coming months 3.
- PEP shares rose 2.99% on Oct 8, the day the results and guidance cut were published, and last traded at $126.95 (pooled 24/7 venue price), down 0.37% from the previous close of $127.42 1.
- JPMorgan downgraded PepsiCo to Neutral with a $138 target, down from $170, on Sep 29 4, and Deutsche Bank cut it to Hold with a $138 target, down from $155, on Sep 28 5.
- At $173.0B market cap the stock trades on 15.9x trailing P/E, 9.2x EV/EBITDA and a 6.1% FCF yield, with trailing revenue of $98.2B, an 11.1% net margin and trailing EPS of $7.96 (up 51.3% year on year) as of the Sep 5 quarter end; insiders sold 2,900 shares ($404,674) in the last 180 days and bought none. Next up are the September CPI on Oct 14 and PPI and retail sales on Oct 15 (both 12:30 UTC), with Polymarket odds of 81.5% for no Fed rate change after the October 2026 meeting, and the fiscal Q4 and full-year 2026 results are estimated for Feb 2, 2027 but not yet confirmed.
SEC EDGAR · Oct 7
RTTNews · Oct 8
SEC EDGAR (Form 8-K Exhibit 99.1) · Oct 8
Goldesel · Sep 29
Goldesel · Sep 28
Valuation & fundamentalsFull financials →
TTM through 2026-09-05 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →
Every venue
| Venue | Price | vs pool | 24h vol | Open int. | Funding 8h |
|---|---|---|---|---|---|
| bitget perp PEPUSDT · just now | 127.55 | −0.01% | $98.4K | $657.5K | 0.0000% |
| bybit perp PEPUSDT · just now | 127.80 | +0.18% | $86.6K | $455.5K | 0.0000% |
Pooled price = volume-weighted median of venues within 2% of each other. Venue markets for stocks, indices and gold are 24/7 perpetual contracts; they track but are not the official exchange price.
Open interest, 120 days
US$ millions, all venues
Funding, 120 days
Annualised %, OI-weighted. Positive: longs pay shorts.
NewsAll news →
PepsiCo shares trade higher before the open despite guidance cut
PepsiCo shares traded about 2.2% higher in pre-market Nasdaq trading on October 8, at $126.40, after closing 1.6% lower on the prior session.
PepsiCo books $192M restructuring charge and plans more structural cost cuts
PepsiCo recorded $192 million of restructuring and impairment charges in the third quarter under its multi-year productivity plan, which runs through 2030.
PepsiCo reports fiscal Q3 2026 results: revenue $25.27B, up 6% from a year earlier
PepsiCo filed a Form 8-K with the SEC on Oct 7, 2026, 5:57 PM ET, reporting an event dated Oct 8, 2026.
JPMorgan downgrades PepsiCo to Neutral, target cut to $138 from $170
JPMorgan cut PepsiCo to Neutral from Overweight and lowered its price target to $138 from $170, in a note reported on September 29.
Deutsche Bank downgrades PepsiCo to Hold and cuts target to $138
Deutsche Bank lowered PepsiCo to Hold from Buy and cut its price target to $138 from $155, reported on September 28.
PepsiCo recalls about 122,000 cases of 28 oz Gatorade over undeclared dyes
PepsiCo voluntarily started a recall on September 25 of about 122,021 cases of 28-ounce Gatorade Lemon Lime, Lemon Lime Zero, Orange and Orange Zero.
PepsiCo elects J&J CEO Joaquin Duato to its board
PepsiCo's board elected Joaquin Duato, Chairman and CEO of Johnson & Johnson, as an independent director, announced September 17, 2026.
PepsiCo ends manufacturing at Cheverly, Maryland bottling site; 143 jobs cut
PepsiCo stopped manufacturing and warehouse operations at its bottling facility in Cheverly, Maryland, eliminating 143 positions, with the layoffs effective September 14.
PepsiCo bought back $267M of stock in the quarter to Sept 5
PepsiCo's 10-Q shows it repurchased 2 million shares for $267 million in the 12 weeks ended September 5, 2026.
PepsiCo sets October 8 date for Q3 2026 results
PepsiCo announced on August 25 that it will publish third-quarter 2026 results on Thursday, October 8, 2026.
PepsiCo declares $1.48 quarterly dividend, up 4%
PepsiCo's board declared a quarterly dividend of $1.48 per share on July 17, 4% above the year-earlier payment.
Citi cuts PepsiCo to Neutral from Buy and lowers target to $145
Citi analyst Filippo Falorni downgraded PepsiCo to Neutral from Buy on July 10 and cut the price target to $145 from $170.
PepsiCo reaffirms FY2026 outlook after Q2 as North America lags
PepsiCo kept its full-year 2026 guidance unchanged when it reported second-quarter results on July 9.
PepsiCo reports fiscal Q2 2026 results: revenue $24.18B, up 6% from a year earlier
PepsiCo filed a Form 8-K with the SEC on Jul 8, 2026, 5:55 PM ET, reporting an event dated Jul 9, 2026.
Court ends ultra-processed foods lawsuit that named PepsiCo and Kraft Heinz
A federal judge in the Eastern District of Pennsylvania refused to let the plaintiff amend his complaint again and ended the case on June 30, 2026.