PepsiCo, Inc. (NASDAQ:PEP) will release earnings for its fourth quarter before the opening bell on Tuesday, Feb. 3.

Analysts expect the company to report quarterly earnings of $2.24 per share. That’s up from $1.96 per share in the year-ago period. The consensus estimate for PepsiCo’s quarterly revenue is $28.97 billion (it reported $27.78 billion last year), according to Benzinga Pro.

On Jan. 6, PepsiCo announced a collaboration with Siemens and NVIDIA to transform plant and supply chain operations through advanced digital twin technology and AI.

Shares of PepsiCo gained 1% to close at $155.20 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • UBS analyst Peter Grom maintained a Buy rating and cut the price target from $172 to $170 on Jan. 14, 2026. This analyst has an accuracy rate of 60%.
  • Citigroup analyst Filippo Falorni maintained a Buy rating and raised the price target from $165 to $170 on Dec. 17, 2025. This analyst has an accuracy rate of 56%.
  • Barclays analyst Lauren Lieberman maintained an Equal-Weight rating and raised the price target from $142 to $144 on Dec. 11, 2025. This analyst has an accuracy rate of 59%.
  • JP Morgan analyst Andrea Teixeira upgraded the stock from Neutral to Overweight and raised the price target from $151 to $164 on Dec. 10, 2025. This analyst has an accuracy rate of 60%.
  • Piper Sandler analyst Michael Lavery maintained an Overweight rating and increased the price target from $161 to $172 on Dec. 9, 2025. This analyst has an accuracy rate of 63%

Considering buying PEP stock? Here’s what analysts think:

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