PepsiCo (NASDAQ:PEP) is trading at $149.27 as of May 13, 2026, down 4.29% over the past week despite a strong Q1 earnings report. Our 24/7 Wall St. price target for PepsiCo is $175.82, implying 17.79% upside over the next 12 months. The recommendation is buy, with a high confidence reading of 90%. 24/7 Wall St. ... PepsiCo’s Next Big Rally Could Be Just Getting Started