BNP Paribas Sets $183 Target for PepsiCo; 27% Upside and $23.94B Q2 Revenue
PEP•BNP Paribas raised PepsiCo’s price target to $183, implying a 27.18% upside from its $143.89 share price. Analysts forecast Q2 revenue of $23.94 billion and EPS of $2.21 as the stock trades 16% below its 52-week high.
1. Price Target Increase
BNP Paribas raised PepsiCo's price target to $183, reflecting a potential 27.18% upside from its $143.89 share price at the time of the revision.
2. Q2 Revenue and EPS Projections
Analysts project PepsiCo will generate $23.94 billion in Q2 revenue and deliver earnings per share of $2.21, underscoring expectations for stable top-line growth and profitability.
3. Stock Underperformance
PepsiCo shares are trading roughly 16% below their 52-week high, highlighting a lag behind Coca-Cola, which recently reached a new record share price.
4. Historical Earnings Consistency
The company has exceeded revenue estimates for five straight quarters and beaten EPS forecasts in nine of its last ten reporting periods, demonstrating consistent financial performance.
