• Deutsche Bank projects a price target of $184 for PepsiCo NASDAQ:PEP, indicating a potential upside of 15.8%.
• PEP’s stock outperforms the market with a 1.36% rise, despite a recent 4.84% monthly decline.
• Anticipated earnings report estimates EPS of $1.95 with revenues reaching $28.12 billion.

PepsiCo (NASDAQ:PEP) maintains its position as a global leader in the food and beverage industry, distinguished by its vast product lines, which include household names like Pepsi, Mountain Dew, and Lay’s. Competing against major players such as Coca-Cola and Nestlé, PepsiCo continues to demonstrate resilience. Deutsche Bank’s analyst Steve Powers recently increased the price target for PEP to $184, signifying a robust potential for a 15.8% upside from its current level of $158.90.

During the recent trading session, PEP finished at $158.90, recording a commendable 1.36% hike from the previous day. This growth stands out amidst a broader market dip, with the S&P 500 declining by 0.54%, the Dow dropping by 0.53%, and the Nasdaq decreasing by 0.66%. Yet, despite this uptick, PEP’s shares have fallen 4.84% over the past month, underperforming compared to the Consumer Staples sector, which advanced by 0.44%.

Investors are eagerly anticipating PepsiCo’s forthcoming earnings report, set for February 4, 2025. Analysts forecast an EPS of $1.95, representing a year-over-year growth of 9.55%. The projected revenue is approximately $28.12 billion, indicating a slight increase of 0.97% from the same quarter last year. Understanding these estimations is critical, providing a window into PepsiCo’s financial stability and growth potential.

PEP’s current market price is $158.90, reflecting an increase of $2.13 or 1.36%. Trading today has shown a price range between $157.97 and $159.40. Over the last twelve months, PEP has achieved a high of $183.41 and a low of $155.85. The market capitalization of the company is near $218 billion, with a trading volume of 6,275,672 shares.