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Morningstar

Morningstar

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Nov 03, 2026

PepsiCo, Inc.: PepsiCo Earnings: Results Outpace Muted Expectations, but Patience for Improvement Waning

Symbols

PEP

Sector(s)

Consumer Defensive

Rating

Current Price

140.42

Fair Value

Economic Moat

Stewardship

Summary

PepsiCo is a global leader in snacks and beverages, owning well-known household brands including Pepsi, Mountain Dew, Gatorade, Lay’s, Cheetos, and Doritos, among others. The company dominates the global savory snacks market and also ranks as the second-largest beverage provider

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Analyst Profile

Kristoffer Inton

Director

Kristoffer Inton is director of equity research, basic materials for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers gold, aggregates and cement, and uranium companies.Before joining Morningstar in 2013, Inton was an investment banking associate for Guggenheim Securities in New York. Previously, he was an investment banking analyst for Merrill Lynch in Chicago and New York.Inton holds a bachelor’s degree in finance with high honors from the University of Illinois and a master’s degree in business administration with distinction from Northwestern University’s Kellogg School of Management.

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