Evercore cuts target for PepsiCo stock to USD 135.00
Published on 10/05/2026 at 09:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
PepsiCo (ISIN US7134481081) was trading at EUR 112.39 at Lang & Schwarz on October 5, 2026 at 9:31 a.m. CEST, while Evercore cut its USD 150.00 price target to USD 135.00 in the October 1, 2026 report covered by MarketBeat. The move keeps the analyst debate centered on PepsiCo's ability to stabilize North American demand and costs.
Evercore trims the valuation anchor
Evercore's target reduction followed a new 52-week low of USD 126.12 for PepsiCo on the Nasdaq, according to MarketBeat. The same report said five analysts rated the stock Buy, 14 rated it Hold and one rated it Sell, with an average target of USD 151.70.
The target cut matters because the latest reported quarter still showed expansion. StockTitan reported that PepsiCo's net revenue reached USD 24.20 billion in the second quarter of 2026, up 6.40 percent from the prior-year quarter, while core earnings per share rose 4.00 percent to USD 2.20. GAAP diluted earnings per share were USD 2.18.
Second-quarter figures meet the test
That combination creates a sharper investor question than the headline target alone. Revenue growth of 6.40 percent and core earnings-per-share growth of 4.00 percent show progress, but the lower valuation anchor signals that analysts are weighing operating execution and demand pressure more heavily.
PepsiCo also reaffirmed fiscal 2026 earnings-per-share guidance of USD 8.55 to USD 8.71, according to MarketBeat. The guidance range gives the October earnings release a clear benchmark, especially after the stock's recent decline in US-dollar trading.
October 8 brings the next test
PepsiCo's next earnings report is scheduled for October 8, 2026, according to InvestPane. Investors will have a new opportunity to compare revenue growth, core earnings per share and the fiscal guidance range with the lower analyst targets.
EUR 112.39 in morning trading
At Lang & Schwarz, PepsiCo stock was trading at EUR 112.39 on October 5, 2026 at 9:31 a.m. CEST, up 0.35 percent versus the prior close of EUR 112.00. The primary listing is Nasdaq, where the finance quote showed USD 125.89 on October 2, 2026 and a market capitalization of USD 172.0 billion.
The further course of trading is shown by the continuously updated real-time quote of PepsiCo stock.
PepsiCo stock at a glance
- Company: PepsiCo, Inc.
- ISIN: US7134481081
- Ticker: PEP
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 5, 2026, 9:31 a.m. CEST: EUR 112.39
- Change versus prior close: plus 0.35 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 112.00
- Market capitalization: USD 172.0 billion as of October 2, 2026
- Sector / Industry: Consumer Defensive / Beverages - Non-Alcoholic
- Index membership: S&P 500 and Nasdaq 100
- Next earnings date: October 8, 2026
