New York, Feb 2, 2026, 14:10 (EST) — Regular session
- PepsiCo shares edged up in afternoon trading, following the wider risk-on momentum.
- All eyes are on Tuesday’s results and management’s comments on 2026 execution.
- Cash returns, margin gains, and shifts in demand will drive the next moves.
Shares of PepsiCo (PEP.O) climbed roughly 1.7% to $156.24 in Monday afternoon trading, swinging between $152.89 and $156.38 earlier in the session. The stock wrapped up Friday at $153.63 and has ranged from $134.72 to $164.50 over the last 52 weeks.
The bid surfaced as Wall Street found its footing following early jitters sparked by a sharp fall in precious metals. Investors quickly turned their focus to what traders anticipate will be the season’s busiest earnings week. “We’re heading into a new week with plenty of catalysts in front of us and we’re seeing some stabilization in markets,” said Art Hogan of B. Riley Wealth. (Reuters)
This week is crucial for PepsiCo investors since the company’s outlook typically shapes the mood in consumer staples: pricing power, volume shifts, and the extent of cost pressures. With big-tech stocks facing renewed valuation pressure, traders are keen to see if defensive sectors can maintain their footing.
A filing revealed PepsiCo plans to release its fourth-quarter and full-year results along with its 10-K around 6:00 a.m. EST on Tuesday. Prepared remarks will follow at 6:30 a.m., with a live Q&A featuring CEO Ramon Laguarta and CFO Steve Schmitt scheduled for 8:15 a.m. In a December update, Laguarta said the company intends to “accelerate organic revenue growth” in 2026. Activist investor Elliott Investment Management threw its support behind the plan, with partner Marc Steinberg commenting it should “drive greater revenue and profit growth.” PepsiCo also set preliminary 2026 targets: organic revenue growth of 2% to 4%—a metric that excludes currency shifts and deal impacts—and “core” constant-currency EPS growth of 4% to 6%, an adjusted profit figure. The company said it will outline 2026 cash returns to shareholders with its Feb. 3 report and will present at the Consumer Analyst Group of New York conference on Feb. 18. (Sec)
PepsiCo is forecasted to deliver earnings of $2.24 per share on roughly $29.0 billion in revenue for the quarter ending December, according to projections from Investing.com. (Investing)
Investors are focused less on whether the headline numbers beat or missed expectations and more on the underlying mix. Volume is key. Equally important is how much growth stems from pricing rather than consumers cutting back on bags, bottles, and multipacks.
Margins remain a key pressure point. Traders want to see if gains in productivity and supply-chain improvements are translating into lower costs, rather than being wiped out by increased spending on promotions.
But the setup cuts both ways. Should demand soften in North America or discounting intensify to defend market share, guidance could quickly turn cautious. Swings in commodities and freight may resurface, while foreign-exchange fluctuations can skew reported results even if underlying demand stays steady.
Tuesday’s report and management call stand as the next major catalyst. Investors are also eyeing the Feb. 18 CAGNY presentation for a clearer picture of 2026 priorities and capital return plans.
