PepsiCo Inc24/7 Wall St. sets a $152.80 buy-rated price target on PepsiCo, implying 17.77% upside from its 52-week low

PepsiCo is trading near its 52-week low of $129.55 with a 4.31% dividend yield, and 24/7 Wall St. has set a $152.80 price target on the shares, implying 17.77% upside, with a buy rating and 90% confidence. The stock is down 6.7% year to date and 7.88% over the past month, pressured by PepsiCo Foods North America revenue declining 2% and core operating margin contracting 40 basis points in the second quarter, though international results offset with LatAm Foods up 15%, Asia Pacific Foods up 12%, EMEA up 10% and IB Franchise up 11%. Second-quarter core EPS came in at $2.20 on revenue of $24.18 billion, up 6.4% year over year, and CEO Ramon Laguarta noted the fastest volume growth since 2022. The bull case rests on international momentum, portfolio innovation and shareholder returns, with management expecting the international business to cross $40 billion this year, a $10 billion buyback authorization through 2030 and 54 consecutive years of dividend growth; the bull scenario points to $161.88 and Street consensus sits at $155. The bear case centers on the pressured U.S. consumer, prior impairments on Rockstar of $1.993 billion and Be & Cheery, and management flagging results may trend to the low end of the EPS range, but the bear scenario still lands at $141.94, above today's price, with operating cash flow of $12.087 billion in FY25 comfortably funding the dividend.
PepsiCo Inc24/7 Wall St. sets a $152.80 buy-rated price target on PepsiCo, implying 17.77% upside from its 52-week low
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Mondelez International IncPepsiCo's prior $1.993 billion Rockstar impairment cited in the bear case; Be & Cheery impairment also noted