PepsiCo stock holds steady after Q2 2026 earnings beat
Published on 09/12/2026 at 14:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
PepsiCo stock (ISIN US7134481081) traded near USD 136 on Nasdaq as of September 11, 2026, leaving the beverage and snacks group valued at roughly USD 186.9 billion. As Q2 2026 results released in July showed, PepsiCo delivered earnings per share of USD 2.20 on revenue of USD 24.18 billion, modestly beating analyst expectations and setting the tone for the current trading range.
Q2 2026 results show only modest growth
PepsiCo, Inc. reported its Q2 2026 figures on July 9, 2026, posting revenue of USD 24.18 billion and earnings per share of USD 2.20 for the quarter. According to Ad-hoc-news, the EPS of USD 2.20 came in slightly above the consensus estimate of roughly USD 2.19 and supported the share around the USD 136 level after the release on July 9, 2026.
A comparative analysis published on September 11, 2026 highlights that PepsiCo generated USD 24.18 billion of revenue in Q2 2026, while key rival Coca-Cola reported USD 13.38 billion for the same period. As 24/7 Wall St reports, PepsiCo achieved an operating margin of 14.4% in Q2 2026 compared with Coca-Cola at 34.9%, underlining a clear profitability gap despite PepsiCo’s larger top line.
Organic growth trails rival despite revenue scale
The same comparison notes that PepsiCo’s organic revenue growth in Q2 2026 reached 2.4%, while Coca-Cola managed 6.0% organic growth in the quarter. According to 24/7 Wall St, this gap in organic growth means Coca-Cola is expanding more than twice as fast as PepsiCo on a comparable basis, even though PepsiCo’s quarterly revenue is about USD 10.8 billion higher.
Looking at a longer horizon, the valuation-focused overview on consumer staples indicates that PepsiCo’s annual revenue rose from USD 79.47 billion in 2021 to USD 93.92 billion in 2025. As Investing.com points out, this represents an increase of roughly USD 14.45 billion, or about 18.2%, over four years, illustrating steady but not rapid expansion.
Valuation, earnings quality and short interest
The same Investing.com analysis notes that PepsiCo shares were trading at USD 137.12 as of September 11, 2026 at 1:09 p.m. Eastern, implying a price-to-earnings multiple of 17.9 times as of June 30, 2026. According to Investing.com, this places PepsiCo as the most attractive name in a small consumer-staples peer set when adjusting for valuation, even though its technical picture is described as weak.
A separate portal focused on U.S. stocks highlights that PepsiCo’s Q2 2026 earnings modestly beat expectations, with EPS of USD 2.20 versus a consensus of USD 2.19 and a net income margin of 10.78%. As Pluang summarizes, the company’s return on equity reached 51.59%, underlining strong capital efficiency even if quarterly organic growth is modest.
Short interest data provide an additional lens on market sentiment. As of August 31, 2026, PepsiCo had 21.28 million shares sold short, representing 1.56% of the public float. According to MarketBeat, the short interest ratio suggests that only a small fraction of shares are positioned against the stock, indicating limited outright bearish positioning despite the slower growth profile.
Current trading range around USD 136
Recent price snapshots from stock portals show PepsiCo share trading in a tight range around USD 136 to USD 137 on Nasdaq in mid-September 2026. One intraday quote indicates a price of USD 136.28 with a decline of 0.27% as of September 12, 2026 at 1:29 a.m. India Standard Time, while the previous close stood at USD 136.65, with a session high of USD 137.49 and low of USD 136.04. Per data compiled by the U.S.-stock overview at that timestamp, trading volume for the session reached approximately 4,825,799 shares and the stock continued to change hands on Nasdaq in U.S. dollars.
A separate corporate-news summary notes that PepsiCo stock traded at USD 136.69 on September 10, 2026, corresponding to a market capitalization of USD 186.85 billion and a 52-week range between USD 133.74 and USD 171.46. According to Ad-hoc-news, the current price around USD 136 therefore sits only slightly above the 52-week low and more than USD 35 below the 52-week high, pointing to a subdued valuation relative to the stock’s own recent history.
Stock price and investor view
PepsiCo stock last closed on Nasdaq at about USD 136.65, with intraday trading on the most recent session showing prices fluctuating between roughly USD 136.04 and USD 137.49 as of September 12, 2026. In combination with the Q2 2026 EPS of USD 2.20 and revenue of USD 24.18 billion, the current level near USD 136 leaves the stock trading not far from its 52-week low of USD 133.74 and well below the 52-week high of USD 171.46, a setup that keeps valuation and margin trends at the center of investors’ attention.
PepsiCo stock key data
- Company: PepsiCo, Inc.
- ISIN: US7134481081
- Ticker: PEP
- Trading venue: Nasdaq
- Price (as of September 12, 2026, 01:29): 136.28 USD
- Market capitalization: 186.85 billion USD (as of September 10, 2026)
- Sector / Industry: Consumer Staples / Beverages and Snacks
- Index membership: S&P 500
