PepsiCo Stock (NASDAQ: PEP) News Today: Elliott Deal, Price Cuts, and 2026 Forecasts as Wall Street Weighs the Turnaround
Updated Dec. 12, 2025 PepsiCo, Inc. (NASDAQ: PEP) stock is back in the spotlight on December 12, 2025, after a fast-moving week of headlines tied to activist investor Elliott Investment Management, a newly detailed operating reset in North America, and an unusually early preliminary 2026 outlook from the company. Reuters+1 As of the latest available quote, PepsiCo shares were around $149. MarketBeat The investment question now is brutally simple (and very consumer-staples-coded): Can PepsiCo trade a bit of near-term pain—price investments, SKU cuts, restructuring—into a durable recovery in volumes and margins? Below is a full roundup of what’s driving the