Goldman cuts target for PepsiCo stock to USD 165.00

Published on 10/14/2026 at 15:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Twenty analysts set USD 145.50 average target October 13. PepsiCo stock costs EUR 115.08 on October 14, 2026, plus 1.46 percent versus Xetra's October 13 close.

Analyst target and market valuation

Goldman Sachs lowered its PepsiCo target to USD 165.00 from USD 180.00 on October 11, 2026.
MarketBeat listed 20 analysts and a USD 145.50 average target on October 13, 2026.
PepsiCo stock costs EUR 115.08 at Lang & Schwarz on October 14, 2026 at 3:05 p.m. CEST, plus 1.46 percent versus the Xetra close of October 13, 2026 at EUR 113.42.
PepsiCo had a P/E ratio of 15.99 and a market capitalization of USD 173.9 billion as of October 13, 2026.

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Goldman Sachs analyst Bonnie Herzog lowered the price target for PepsiCo stock to USD 165.00 from USD 180.00 while maintaining a Buy rating, as Yahoo Finance reported on October 11, 2026. Against the latest Nasdaq quote of USD 127.30 on October 13, 2026, the revised target stood 29.62 percent higher.

Consensus target stays above USD 145

MarketBeat reported on October 13, 2026 that 20 analysts held a consensus Hold rating, with 14 holds, five buys and one sell. The average 12-month target was USD 145.50, placing it 14.31 percent above the USD 127.30 Nasdaq quote used for the comparison.

The spread between the two targets matters. Goldman Sachs cut its target by USD 15.00, while the wider analyst average remained USD 19.50 below the revised Goldman level.

Recent results frame the debate

PepsiCo reported adjusted earnings per share of USD 2.34 for the third quarter of 2026, beating the USD 2.29 consensus estimate by USD 0.05, according to MarketBeat. Quarterly revenue reached USD 25.27 billion, up 5.60 percent year over year, while PepsiCo set fiscal 2026 guidance at USD 8.34-8.43 adjusted earnings per share.

The company page identifies PepsiCo as a NASDAQ-listed consumer staples company with the ticker PEP and the ISIN US7134481081, according to Stock Analysis. The latest filing listed there was an October 8, 2026 quarterly report, giving the market a recent operating reference alongside the target revisions.

PepsiCo stock trades above Xetra close

PepsiCo was trading at EUR 115.08 at Lang & Schwarz on October 14, 2026 at 3:05 p.m. CEST, plus 1.46 percent versus the Xetra close of October 13, 2026 at EUR 113.42. The Nasdaq quote was USD 127.30 on October 13, 2026 at 4:00 p.m. ET.

Comparison with peers

PepsiCo (NASDAQ, USD): plus 1.46 percent, P/E 15.99, market capitalization USD 173.9 billion

The Coca-Cola Company (NYSE, USD): plus 0.36 percent, P/E 27.06, market capitalization USD 387.7 billion

Mondelez International (NASDAQ, USD): minus 0.47 percent, P/E 22.61, market capitalization USD 78.5 billion

Price and valuation remain central

PepsiCo's market capitalization was USD 173.9 billion and its P/E ratio was 15.99 as of October 13, 2026. The 52-week Nasdaq range was USD 123.47 to USD 171.48, placing the USD 127.30 quote 3.10 percent above the low.

The further course of trading is shown by the continuously updated real-time quote of PepsiCo stock.