PepsiCo TodayPEPPepsiCo$127.30 +0.62 (+0.49%) As of 10/13/2026 04:00 PM Eastern52-Week Range$123.47▼$171.48Dividend Yield4.65%P/E Ratio15.99Price Target$145.50Add to WatchlistInvestors are taking note of PepsiCo Inc. NASDAQ: PEP as the food and beverage leader trades below 16x earnings, one of its lowest valuations historically, and following a Q3 2026 earnings report with a number of highlights. Still, with the outlook for the near future looking less than optimistic, the company's real appeal may be to long-term investors who can settle in with a 4.67% dividend yield and wait for shares to capture some of the roughly 15% in upside potential Wall Street has assigned to the stock.

PepsiCo's roughly 4.7% yield and 54-year streak of dividend increases make it a compelling dividend stock. Coca-Cola raised its full-year adjusted earnings guidance, while PepsiCo lowered its outlook over rising costs.

PEP trades near its 52-week low as North American weakness, margin pressures and reduced earnings expectations raise questions about its recovery prospects.

PepsiCo generated just 3% organic growth in its most recent quarter. It also slashed its forecast for earnings growth this year.

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