PEP · News · 20261013N
Market Demand Trends
PEPSICO INC · 2026-10-13 · Importance 45 · Surprise 64 · In source text
PepsiCo’s Poppi prebiotic soda brand is reportedly falling short of the growth targets tied to its performance-based payments. The estimated Poppi earnout has declined from $278 million in December and $117 million in June to approximately $12 million as of September 5, indicating materially weaker-than-expected demand. The weakness is occurring alongside a subdued U.S. and North American soda market, adding pressure to PepsiCo’s domestic beverage portfolio. Analysts also cited concerns about whether PepsiCo can improve Poppi’s growth and address broader North American beverage challenges.
Key facts
- PepsiCo exceeded quarterly earnings expectations with adjusted EPS of $2.34 and revenue of $25.27 billion. source
- Erste Group Bank revised its FY2027 EPS forecast for PepsiCo downwards to $8.97. source
- PepsiCo's stock was 26.1% below its 52-week high of $171.48. source
- PepsiCo's stock had declined 11.7% year to date. source
- PepsiCo maintains a quarterly dividend yielding approximately 4.7%. source
- News reports attribute PepsiCo's Poppi earnout cut and challenges to a weak North American beverage market and U.S. soda sales slump.
- PepsiCo's shares touched a fresh 52-week low of $123.47 on Oct. 7, 2026. source
- PepsiCo shares were trading at $126.68 at the time of the report. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | PepsiCo exceeded quarterly earnings expectations with adjusted EPS of $2.34 and revenue of $25.27 billion. |
| net_income | positive | realized | — | PepsiCo exceeded quarterly earnings expectations with adjusted EPS of $2.34 and revenue of $25.27 billion. |