Zacks Research Estimates PepsiCo’s Q2 Earnings (NASDAQ:PEP)

PepsiCo, Inc. (NASDAQ:PEP) – Equities research analysts at Zacks Research reduced their Q2 2025 earnings estimates for shares of PepsiCo in a research note issued to investors on Thursday, May 8th. Zacks Research analyst R. Lohia now forecasts that the company will earn $2.04 per share for the quarter, down from their previous forecast of $2.33. The consensus estimate for PepsiCo’s current full-year earnings is $8.30 per share. Zacks Research also issued estimates for PepsiCo’s Q3 2025 earnings at $2.37 EPS, FY2025 earnings at $7.89 EPS, Q1 2026 earnings at $1.59 EPS, Q2 2026 earnings at $2.19 EPS, Q3 2026 earnings at $2.46 EPS, Q4 2026 earnings at $2.07 EPS, FY2026 earnings at $8.32 EPS, Q1 2027 earnings at $1.68 EPS and FY2027 earnings at $8.93 EPS.

Several other analysts have also recently weighed in on the stock. StockNews.com cut shares of PepsiCo from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Bank of America lowered their price objective on shares of PepsiCo from $155.00 to $150.00 and set a “neutral” rating on the stock in a research report on Friday, April 25th. Barclays lowered their price objective on shares of PepsiCo from $143.00 to $135.00 and set an “equal weight” rating on the stock in a research report on Monday, April 28th. HSBC reduced their target price on shares of PepsiCo from $186.00 to $170.00 and set a “hold” rating on the stock in a report on Tuesday, February 4th. Finally, UBS Group reduced their target price on shares of PepsiCo from $175.00 to $169.00 and set a “buy” rating on the stock in a report on Friday, April 25th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, PepsiCo has a consensus rating of “Hold” and a consensus target price of $160.69.

PepsiCo Stock Performance

PepsiCo stock opened at $130.44 on Monday. The firm’s fifty day moving average price is $143.73 and its 200-day moving average price is $150.74. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.65 and a current ratio of 0.82. The stock has a market cap of $178.84 billion, a P/E ratio of 18.77, a price-to-earnings-growth ratio of 3.09 and a beta of 0.47. PepsiCo has a fifty-two week low of $130.16 and a fifty-two week high of $183.41.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Thursday, April 24th. The company reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.49 by ($0.01). PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. The firm had revenue of $17.92 billion during the quarter, compared to analysts’ expectations of $17.81 billion. During the same quarter in the prior year, the company earned $1.61 earnings per share. The business’s revenue for the quarter was down 1.8% compared to the same quarter last year.

Institutional Investors Weigh In On PepsiCo

Large investors have recently added to or reduced their stakes in the company. Ossiam grew its holdings in PepsiCo by 138.9% in the 4th quarter. Ossiam now owns 73,604 shares of the company’s stock worth $11,192,000 after acquiring an additional 42,793 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in PepsiCo by 104.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,705,574 shares of the company’s stock worth $259,350,000 after acquiring an additional 870,451 shares during the last quarter. Hutner Capital Management Inc. grew its holdings in PepsiCo by 14.6% in the 4th quarter. Hutner Capital Management Inc. now owns 53,783 shares of the company’s stock worth $8,178,000 after acquiring an additional 6,865 shares during the last quarter. Guinness Asset Management LTD grew its holdings in PepsiCo by 5.2% in the 4th quarter. Guinness Asset Management LTD now owns 1,236,788 shares of the company’s stock worth $188,031,000 after acquiring an additional 61,541 shares during the last quarter. Finally, WCM Investment Management LLC boosted its stake in shares of PepsiCo by 147.6% during the 4th quarter. WCM Investment Management LLC now owns 14,692 shares of the company’s stock valued at $2,229,000 after purchasing an additional 8,759 shares in the last quarter. Institutional investors own 73.07% of the company’s stock.

PepsiCo Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 6th will be issued a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date of this dividend is Friday, June 6th. This is a positive change from PepsiCo’s previous quarterly dividend of $1.36. PepsiCo’s dividend payout ratio (DPR) is 83.68%.

About PepsiCo

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.