Correction, 18 September 2026: an earlier version of this post described April 16 as the end of the quarter. It is the date the results were reported.
What changed
PEP reported results on April 16, 2026. EPS came in at $1.61, up from $1.48 in the same period a year earlier — an 8.8% year-over-year gain. Revenue grew 8.5% over the same stretch. Both figures moved in the same direction, which keeps the growth story intact heading into the back half of the year.
We do not have guidance commentary from this report, so the forward picture is limited to what the fundamentals already tell us.
Recibe el resumen semanal de ACCE
Rentabilidad de los índices, repaso de las selecciones y los mayores cambios de puntuación, cada domingo. Sin relleno.
What it means
The ACCE score for PEP sits at 64/100. Breaking that down: Quality leads at 72, Growth follows at 68, Value comes in at 62, and Momentum trails at 54. The Quality score is the standout here, and the underlying data backs it up. Return on equity is 43.9%, net margin is 9.2%, and FCF yield is 3.9% — a combination that points to a business generating real cash and deploying capital efficiently.
The dividend yield of 4.0% adds another layer for income-focused holders. At a trailing P/E of 22.5 and a forward P/E of 16.7, the market is pricing in continued earnings expansion, and the quarterly results support that expectation at least for now.
The one friction point worth noting: the 6-model fair value estimate sits at $131.26, which is 8.6% below the current price of $143.68. That gap suggests the stock is trading above what the composite model considers fair value at this moment. The analyst consensus target of $165.55 points the other way, implying meaningful upside from current levels. Those two figures are pulling in opposite directions, and that tension is worth keeping in mind.
Momentum is the weakest score component at 54, consistent with a 1-year return of 6.4% — solid in absolute terms but modest relative to the broader market over the same window.
The quarter reported on April 16, 2026 showed PEP executing on both the top and bottom lines. The quality metrics are strong, the dividend is competitive, and the earnings trajectory is positive. The valuation question — whether the current price already reflects that strength — is the one that matters most from here. For current pricing and updated data, visit acceinvestments.com/stocks/PEP.
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