PepsiCo Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga06-29

PepsiCo, Inc. (NASDAQ:PEP) will release its second quarter earnings report before the opening bell on Thursday, July 9.

Analysts expect the Purchase, New York-based company to report quarterly earnings of $2.21 per share, up from $2.12 per share in the year-ago period. The consensus estimate for Levi Strauss’ quarterly revenue is $23.97 billion. It reported $22.73 billion last year, according to Benzinga Pro.

On May 5, PepsiCo announced a new collaboration with TalusAg to advance fertilizer decarbonization via low-carbon ammonia environmental attributes.

PepsiCo shares gained 1.3% to close at $141.39 on Friday.

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.

  • Citigroup analyst Filippo Falorni maintained a Buy rating and cut the price target from $182 to $170 on June 25, 2026. This analyst has an accuracy rate of 53%.
  • B of A Securities analyst Bryan Spillane maintained a Neutral rating and lowered the price target from $173 to $164 on June 25, 2026. This analyst has an accuracy rate of 61%.
  • Deutsche Bank analyst Steve Powers maintained a Buy rating and slashed the price target from $173 to $168 on June 18, 2026. This analyst has an accuracy rate of 66%.
  • Piper Sandler analyst Michael Lavery maintained an Overweight rating and cut the price target from $181 to $178 on June 12, 2026. This analyst has an accuracy rate of 62%.
  • TD Cowen analyst Robert Moskow maintained a Hold rating and cut the price target from $165 to $150 on June 11, 2026. This analyst has an accuracy rate of 64%.

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

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