PepsiCo: Analysts See Bullish Turnaround Ahead

Analysts are signaling a significant turnaround for PepsiCo (PEP), with sentiment trends shifting to a bullish stance in late 2025. This positive shift is supported by a notable increase in analyst coverage year-over-year and several recent upgrades, alongside numerous price target increases observed as of mid-December. The market appears to have priced in past challenges, with improvements now taking hold.

PepsiCo is being highlighted as a deep-value and high-yield opportunity. Despite past struggles with tepid growth, current analyst sentiment suggests a promising future. The stock's price-to-earnings ratio is nearing historical lows, indicating substantial potential upside, with long-term forecasts suggesting as much as a 50% increase by 2030. Furthermore, its dividend yield is near the high end of its historical range.

Technically, PepsiCo's stock price recently retreated to a long-term uptrend line in 2025. This movement has triggered a trend-following signal, which historically precedes steadily increasing price action. This confluence of analyst optimism, favorable valuation, and technical indicators positions PepsiCo for a strong performance in 2026.