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Wells Fargo Raises PT on PepsiCo (PEP), Keeps a Hold Rating

By Talha Qureshi | October 17, 2025, 11:09 AM

​PepsiCo, Inc. (NASDAQ:PEP) is one of the Best Forever Stocks to Invest In Now. On October 9, PepsiCo, Inc. (NASDAQ:PEP) released its fiscal third-quarter results for 2025. The company posted an EPS of $2.29, ahead of the consensus by $0.03. In addition, the revenue of $23.84 billion, which grew 2.65% year-over-year, also topped estimates by $89.71 million.

​Management noted that they continue to expect low single-digit organic revenue growth with core currency EPS approximately in line with the previous year. Moreover, management is focused on accelerating growth and optimizing its cost structure.

A day​ after the earnings call on October 10, Christopher Carey from Wells Fargo raised the firm’s price target on PepsiCo, Inc. (NASDAQ:PEP) from $150 to $154, while maintaining a Hold rating on the stock.

​PepsiCo, Inc. (NASDAQ:PEP) is an international company that produces beverages and convenient foods under popular brand names. ​

While we acknowledge the potential of PEP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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