TradingView reports target for PepsiCo stock fell to USD 139.47
Published on 10/23/2026 at 11:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and operating update
- TradingView reported an average target cut from USD 140.25 to USD 139.47 on October 21, 2026.
- PepsiCo reported USD 25.27 billion in third-quarter 2026 revenue, up 5.6 percent year over year.
- PepsiCo stock traded at EUR 122.67 at 10:59 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.37 percent below the Xetra close of October 22, 2026.
PepsiCo (ISIN US7134481081) saw its average 12-month price target fall from USD 140.25 to USD 139.47 in a TradingView update dated October 21, 2026. The revision followed PepsiCo's October 8 results, which combined stronger revenue with a lower full-year earnings outlook.
Guidance reset puts margins first
PepsiCo reported third-quarter 2026 net revenue of USD 25.27 billion, up 5.6 percent from USD 23.94 billion a year earlier, according to the company's PepsiCo release dated October 8, 2026. Core earnings per share rose 2 percent to USD 2.34, while core operating profit increased 3 percent to USD 4.28 billion.
What does the guidance reset change?
The company now expects fiscal 2026 core earnings per share growth of 2.5 percent to 3.5 percent, compared with the previous outlook of 5 percent to 7 percent. At the same time, PepsiCo lifted its full-year net revenue growth outlook to approximately 6 percent from a previous range of 4 percent to 6 percent, according to the October 8 release. The contrast leaves cost control and North American execution as the central investor questions.
Three earnings steps show the trend
PepsiCo reported adjusted earnings per share of USD 1.61 for the first quarter of 2026 on April 16, 2026, according to Hyper Stocks. The second-quarter report on July 9, 2026 showed adjusted earnings per share of USD 2.20, while the October 8, 2026 third-quarter report showed USD 2.34. Revenue growth improved in the latest quarter, but the lower annual earnings range keeps the target revision relevant.
Next reporting date is January 7
Earnings Whispers lists January 7, 2027, before the market open, as PepsiCo's next quarterly reporting date. That report will provide the first direct test of the reduced fiscal 2026 earnings outlook.
Stock stays below the prior close
For investors, the immediate picture is mixed: operating profit rose 19 percent in the third quarter, but core operating margin fell 35 basis points to 16.9 percent. PepsiCo stock was trading at EUR 122.67 at Lang & Schwarz on October 23, 2026 at 10:59 a.m. CEST, 0.37 percent below the Xetra close of October 22, 2026 at EUR 123.12.
The further course of trading is shown by the continuously updated real-time quote of PepsiCo stock.
PepsiCo stock key data
- Company: PepsiCo, Inc.
- ISIN: US7134481081
- Ticker: PEP
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 23, 2026, 10:59 a.m. CEST): EUR 122.67
- Change versus Xetra close: minus 0.37 percent
- Xetra close (October 22, 2026): EUR 123.12
- Market capitalization: EUR 167.5 billion (as of October 23, 2026)
- 52-week range: EUR 109.90-144.66 (as of October 23, 2026)
- Sector / Industry: Consumer Defensive / Beverages - Non-Alcoholic
Market context: Market report S&P 500.
