# Shares of PepsiCo, Inc. (PEP) have underperformed the broader market over the past 52 weeks.

*business · news · 2026-05-08 · Barchart*

## Key points

- PepsiCo reported Q1 2026 revenue of $19.44 billion, up 8.5% year-over-year.
- North America foods volumes grew 2% for the first time in at least a year.
- PepsiCo implemented up to 15% price cuts on snack brands like Lay's and Doritos.
- The mean analyst price target of $172.50 suggests an 11.3% premium over current levels.

**Companies:** PepsiCo, Inc.
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1812761/is-wall-street-bullish-or-bearish-on-pepsico-stock)

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