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BUZZ - Reports say PepsiCo plans another round of price increases, sending its stock price lower

BUZZ - Reports say PepsiCo plans another round of price increases, sending its stock price lower

路透社路透社2026/09/24 16:36
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- ** Snack and soft drink giant PepsiCo (PEP.O) shares fell 1.1% to $128.7

** According to Bloomberg, the company (link) plans to raise prices on some chips and soft drinks at the end of this year or in early 2027

** Earlier this year, due to strong consumer backlash against previous price increases, the company implemented price cuts of up to 15% on products such as Lay's and Doritos. The upcoming price hikes will follow these reductions

** Among 25 brokerages, 9 rate the stock as "buy" or higher, 15 as "hold," and 1 as "sell"; the median target price is $155 — data compiled by LSEG

** Including today's intraday decline, the stock has fallen a cumulative 10.2% so far this year


(To assist non-English speakers, Reuters automatically translates its reports into several other languages. As automated translations may be inaccurate or lack needed context, Reuters does not guarantee the accuracy of automated translation texts and provides them solely for reader convenience. Reuters accepts no responsibility for any harm or loss resulting from use of the automated translation function.)

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