PepsiCo, Inc. (NASDAQ:PEP) will release earnings for its first quarter before the opening bell on Thursday, April 16.

Analysts expect the Purchase, New York-based company to report quarterly earnings of $1.54 per share, up from $1.48 per share in the year-ago period. The consensus estimate for PepsiCo's quarterly revenue is $18.92 billion (it reported $17.92 billion last year), according to Benzinga Pro.

On Feb. 3, PepsiCo reported better-than-expected fourth-quarter financial results and issued FY26 sales guidance above estimates.

PepsiCo shares fell 0.8% to close at $155.88 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • UBS analyst Peter Grom maintained the stock with a Buy rating and cut the price target from $190 to $186 on April 7, 2026. This analyst has an accuracy rate of 59%.
  • Deutsche Bank analyst Steve Powers maintained the stock with a Buy rating and slashed the price target from $176 to $169 on March 30, 2026. This analyst has an accuracy rate of 64%.
  • Piper Sandler analyst Michael Lavery maintained an Overweight rating and raised the price target from $172 to $181 on March 12, 2026. This analyst has an accuracy rate of 62%.
  • TD Cowen analyst Robert Moskow maintained a Hold rating and raised the price target from $162 to $165 on Feb. 20, 2026. This analyst has an accuracy rate of 65%.
  • Citigroup analyst Filippo Falorni maintained a Buy rating and increased the price target from $170 to $182 on Feb. 4, 2026. This analyst has an accuracy rate of 52%.

Considering buying PEP stock? Here’s what analysts think:

Photo via Shutterstock