PepsiCo (PEP) Stock: This Week’s Rally, Elliott-Driven 2026 Plan, Analyst Forecasts, and the Week Ahead (Updated Dec. 12, 2025)
PepsiCo shares closed at $150.65 on Dec. 12, up 1.08% despite a broader market drop, capping a 3.9% weekly gain. The stock surged midweek after PepsiCo outlined 2026 cost cuts and simplification plans following pressure from Elliott Investment Management, which disclosed a 4% stake. JPMorgan also upgraded the stock. PepsiCo remains nearly 6% below its 52-week high.