PepsiCo (PEP) Stock: This Week’s Rally, Elliott-Driven 2026 Plan, Analyst Forecasts, and the Week Ahead (Updated Dec. 12, 2025)
Updated: December 12, 2025 PepsiCo, Inc. (NASDAQ: PEP) finished the week with a notable bounce, closing Friday, Dec. 12 at $150.65, up 1.08% on the day even as the broader market fell (S&P 500 down 1.07%). MarketWatch+1 The bigger story, however, is what happened around the stock: a string of headline catalysts—most importantly PepsiCo’s newly outlined 2026 playbook following engagement with activist investor Elliott Investment Management—plus a high-profile JPMorgan upgrade, helped reframe the near-term narrative for the consumer-staples giant. PepsiCo+2TradingView+2 Below is a detailed, news-driven breakdown of what moved PepsiCo stock this week, what Wall Street is forecasting now, and