PepsiCo Q3 Preview: Stock At Lowest Since 2020, Market Expert Sees 19% Downside On Weak Report
Key takeaways
- PepsiCo’s Q3 earnings will be a decisive test for its valuation; a miss could drive the stock toward $100, while a beat could spark a short‑term rally.
- Revenue Q3 2026: $24.96 billion
- EPS Q3 2026: $0.88
- 52‑week low: $123.85
What happened
PepsiCo (NASDAQ: PEP) will report its third‑quarter earnings on Thursday, with analysts projecting revenue of $24.96 billion and EPS of $0.88—up from $23.94 billion and $0.82 a year earlier. The stock is trading near a seven‑year low, down 10.5% from its 52‑week high, and has seen recent price cuts in its snack line while its beverage business shows modest improvement. Market analysts have lowered price targets across the board, citing weak North American organic sales and inflationary…
Why it matters
The upcoming earnings are a key catalyst for PEP’s valuation, as the company has consistently beaten revenue and EPS estimates but has struggled to sustain upside momentum. A miss or flat guidance could push the stock toward its COVID‑era lows around $100, while a beat could trigger a short‑term rally. Analysts’…
Short-term and longer-term
Short-term. Over the next few days, PEP’s price could react sharply to the earnings announcement.
Longer-term. Over the coming months, the earnings outcome will shape PEP’s long‑term valuation narrative.