Zacks cuts 2026 estimate to USD 8.40 for PepsiCo stock

Published on 10/19/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue rose 5.6 percent to USD 25.27 billion. PepsiCo stock costs EUR 116.96 on October 19, 2026, 0.24 percent above Xetra close.

Estimate cut and earnings date

Zacks Research lowered its fiscal 2026 estimate to USD 8.40 on October 16, 2026.
Third-quarter revenue rose 5.6 percent to USD 25.27 billion for the period ended September 5, 2026.
PepsiCo stock was trading at EUR 116.96 at 10:29 a.m. CEST at Lang & Schwarz on October 19, 2026, 0.24 percent above the Xetra close of October 16, 2026.
PepsiCo is scheduled to report its next results on February 1, 2027.

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PepsiCo (ISIN US7134481081) stock is tied to a Zacks Research cut that lowered its fiscal 2026 earnings estimate from USD 8.56 to USD 8.40 in a note dated October 16, 2026, according to MarketBeat. The revision keeps the earnings bar below the companys earlier outlook.

Zacks lowers the earnings bar

The estimate cut followed PepsiCos third-quarter report, which showed adjusted earnings per share of USD 2.34 against a USD 2.29 consensus estimate. The same report put the full-year consensus at USD 8.41, only USD 0.01 above the revised Zacks view, according to MarketBeat.

What does the estimate cut change?

The pressure is concentrated in profitability rather than sales. For the third quarter ended September 5, 2026, PepsiCo reported revenue of USD 25.27 billion, up 5.6 percent from the prior-year quarter, while core operating profit increased 3 percent to USD 4.277 billion. Last10K carried the companys October 8, 2026 earnings release and its reporting period. The core operating margin declined 35 basis points to 16.9 percent, showing why analysts are paying closer attention to costs and mix.

Next reporting date

PepsiCo is scheduled to report its next results on February 1, 2027, according to Hyper Stocks. That report should provide the next detailed measure of whether North American margins are improving after the 2026 guidance reset.

PepsiCo stock stays near its yearly range

PepsiCo stock was trading at EUR 116.96 at Lang & Schwarz on October 19, 2026 at 10:29 a.m. CEST, 0.24 percent above the Xetra close of October 16, 2026 at EUR 116.68. The euro quote sits within its 52-week range of EUR 109.90 to EUR 144.66 as of October 19, 2026.

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