Barclays keeps a USD 126.00 target for PepsiCo stock

Published on 10/26/2026 at 17:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

International growth reached 8.00 percent in the third quarter. PepsiCo stock costs EUR 121.09 on October 26, 2026, minus 0.29 percent versus Xetra close.

Analyst target and operating growth

Barclays maintained a USD 126.00 price target and Hold rating on October 12, 2026.
International organic revenue rose 8.00 percent in the third quarter of 2026.
PepsiCo stock cost EUR 121.09 at Lang & Schwarz on October 26, 2026, minus 0.29 percent versus the Xetra close.
PepsiCo had a USD 184.5 billion market capitalization and a 17.02 price-to-earnings ratio as of October 26, 2026.

PepsiCo, US7134481081, Illustration mit AI erstellt.

Barclays maintained a Hold rating and a USD 126.00 price target for PepsiCo on October 12, 2026, according to Business Insider. At Lang & Schwarz, PepsiCo stock was trading at EUR 121.09 on October 26, 2026 at 5:37 p.m. CEST, minus 0.29 percent versus the Xetra close of October 26, 2026 at EUR 121.44.

Barclays keeps a USD 126.00 target

The Barclays view leaves the target below several other recent analyst estimates, but its Hold rating is a more cautious signal than a bullish upgrade. The report also places the stock in a market where analysts have recently adjusted targets in both directions, making the target level more useful as a valuation reference than as a trading instruction.

PepsiCo's primary listing is on Nasdaq under the ticker PEP. Its third-quarter 2026 results showed net revenue of USD 25.27 billion, up 5.60 percent from USD 23.94 billion a year earlier, while adjusted earnings per share reached USD 2.34 against a consensus estimate of USD 2.29, according to CNBC.

International growth offsets pressure

The regional split is central to the investment case. International organic revenue increased 8.00 percent in the third quarter of 2026, while the company faced weaker conditions in North America, according to Yahoo Finance. That contrast helps explain why sales growth and profit guidance have pointed in different directions.

PepsiCo's fiscal 2026 outlook calls for core earnings-per-share growth of 2.50 percent to 3.50 percent, compared with the previous range of 5.00 percent to 7.00 percent. The company also expects net revenue growth of about 6.00 percent, according to its third-quarter release filed with the SEC.

Price position and valuation

PepsiCo's Nasdaq quote was USD 135.41 at 4:38 p.m. ET on October 26, 2026, down 0.27 percent from USD 135.77. Its 52-week range was USD 123.47 to USD 171.48, while market capitalization stood at USD 184.5 billion and the price-to-earnings ratio at 17.02 on October 26, 2026.

The euro quotation remained below the same-day Xetra close after the regular German session. For investors, the key tension is measurable: third-quarter revenue expanded 5.60 percent, but the new core earnings outlook is limited to 2.50 percent to 3.50 percent.

PepsiCo stock after the Xetra close

Barclays' USD 126.00 target and Hold rating provide the latest dated analyst reference, while PepsiCo's 8.00 percent international organic growth shows where operating momentum was strongest in the third quarter of 2026. The company's next earnings date is not included because a future date was not explicitly named in the cited materials.

PepsiCo stock was trading at EUR 121.09 at Lang & Schwarz on October 26, 2026 at 5:37 p.m. CEST, minus 0.29 percent versus the Xetra close of October 26, 2026 at EUR 121.44. The further course of trading is shown by the continuously updated real-time quote of PepsiCo stock.