PEP

PepsiCo, Inc.

September 18, 2026 · market open

Rarity
1.16
Peak move
−2.99%
Float cap
$182.0B

PepsiCo, Inc. is a leading global beverage and convenient food company with brands such as Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. It makes, markets, distributes and sells a wide variety of beverages and convenient foods through its operations, authorized bottlers, contract manufacturers and other third parties. Its customers include independent distributors, retailers and consumers in more than 200 countries and territories.

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What we found

6 events · 1 from SEC or newswire · 0 timed with the move
  • Key eventanalyst_rating

    Bank of America Securities analyst Peter Galbo reiterated a Hold rating on PepsiCo with an unchanged $152.00 price target, citing softer North American snacks trends offset by stronger international organic sales.

  • analyst_rating

    Bank of America Securities maintained a Hold rating on PepsiCo with a $152 price target on September 18, 2026.

  • board_change

    PepsiCo's board elected Joaquin Duato, 64, Chairman and CEO of Johnson & Johnson, as an independent director effective December 1, 2026, and as a member of the Audit Committee, with an initial award of 1,000 shares.

  • Key eventlayoff_restructuring

    PepsiCo subsidiary CB Manufacturing (Pepsi Beverages) laid off 143 workers and ended manufacturing and warehouse operations at its Cheverly/Hyattsville, Maryland bottling plant effective Sept. 14, with 98 union-represented workers and pay and benefits continuing through Nov. 13.

  • Key eventmajor_contract

    PepsiCo awarded its global media, data and technology account to Publicis Groupe without a competitive pitch in early September, consolidating business under 'One PepsiCo' across more than 200 markets for Pepsi, Gatorade and Lay's, with the account estimated at about $1.7 billion.

  • major_contract

    PepsiCo named Publicis Groupe its exclusive global media partner, moving an account worth roughly $1.7 billion away from Omnicom after more than 25 years across markets including the US and UK, while Omnicom retains creative, sports and PR work.