PepsiCo stock faces a lower RBC target before Q3 results
Published on 10/06/2026 at 17:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
PepsiCo stock was trading at USD 126.80 on Nasdaq on October 6, 2026 at 11:47 a.m. ET, up 0.91 percent from the prior close, while Royal Bank of Canada cut its price target from USD 161.00 to USD 150.00. The downgrade arrives two days before PepsiCo's scheduled third-quarter report.
RBC trims its price target
According to MarketBeat on October 6, 2026, RBC kept its Sector Perform rating while lowering the target from USD 161.00 to USD 150.00. The new target stands 18.5 percent above the Nasdaq price of USD 126.80, using the same-day quote as the reference.
The broader consensus in the same MarketBeat report was Hold, based on five Buy ratings, fourteen Hold ratings and one Sell rating. The average target was USD 150.20, which stood 18.5 percent above the October 6 price.
Q2 growth meets a tougher test
PepsiCo's Q2 2026 revenue increased 6.4 percent year over year to USD 24.2 billion from USD 22.7 billion, according to StockTitan. GAAP operating profit reached USD 4.0 billion, while diluted EPS rose 137 percent to USD 2.18 from USD 0.92.
The comparison is partly shaped by the prior year's impairment charges, while core operating profit grew 4 percent and core EPS reached USD 2.20. PepsiCo also reaffirmed fiscal 2026 guidance of USD 8.550-8.710 in EPS, keeping the earnings bar visible ahead of the next report.
October 8 brings the next checkpoint
Onvista lists October 8, 2026 as PepsiCo's third-quarter 2026 reporting date. That date puts the Q2 growth figures beside the weaker North American operating backdrop cited in recent analyst coverage, making volume, pricing and the full-year outlook central data points for the next market reaction.
PepsiCo's market capitalization stood at USD 173.2 billion on October 6, 2026. The stock's 52-week range was USD 124.22 to USD 171.48, placing the intraday price USD 2.58 above the yearly low and USD 44.68 below the high.
Nasdaq stock remains near its yearly low
PepsiCo was last at USD 126.80 on Nasdaq on October 6, 2026 at 11:47 a.m. ET, with trading volume of 1,976,614 shares. The next report will show whether the Q2 revenue increase can broaden beyond international growth and support the company's fiscal 2026 EPS guidance.
PepsiCo stock key data
- Company: PepsiCo, Inc.
- ISIN: US7134481081
- Ticker: PEP
- Trading venue: NASDAQ
- Price (as of October 6, 2026, 11:47 a.m. ET): USD 126.80
- Market capitalization: USD 173.2 billion (as of October 6, 2026)
- 52-week range: USD 124.22-171.48 (as of October 6, 2026)
- Sector / Industry: Consumer Staples / Beverages - Non-Alcoholic
- Index membership: S&P 500, Nasdaq-100
Upcoming dates for PepsiCo stock
- October 8, 2026: Third-quarter 2026 results
