PepsiCo cuts Poppi payout to USD 12 million as PepsiCo stock trades at EUR 114.19

PepsiCo (ISIN US7134481081) estimated Poppi performance payments at USD 12.00 million as of September 5, 2026, according to Bloomberg. The estimate compares with USD 117.00 million recorded in June and USD 278.00 million projected in December.

Poppi payout shrinks sharply

The filing-based estimate puts the contingent payment tied to the prebiotic soda acquisition at USD 12.00 million, while the brand is falling short of the growth benchmarks needed to trigger the bonus, Bloomberg reported on October 12, 2026. The comparison matters because PepsiCo acquired Poppi for USD 1.90 billion in May 2025 and agreed to additional performance-based consideration.

Third-quarter results reset guidance

On October 8, 2026, PepsiCo reported adjusted earnings per share of USD 2.34 for the fiscal third quarter, above the USD 2.29 consensus estimate, while revenue reached USD 25.27 billion against USD 24.96 billion expected, according to CNBC. Net sales rose 5.60 percent year over year, but PepsiCo lowered its full-year core earnings-per-share growth outlook to 2.50 percent to 3.50 percent from 5.00 percent to 7.00 percent.

The operating split was clear: beverage volume grew 3.00 percent and food volume 1.00 percent globally, while North American beverage volume declined 2.00 percent. International markets accounted for 41.00 percent of net revenue through the first three quarters of 2026, keeping overseas demand as the main counterweight to weaker domestic execution.

Analysts keep a cautious stance

MarketBeat reported on October 13, 2026, that 14 of 20 research firms rated PepsiCo Hold, five rated it Buy and one rated it Sell. The average 12-month target was USD 145.50, while TD Cowen cut its target from USD 145.00 to USD 133.00 on September 28, 2026.

What comes next for PepsiCo

finanzen.ch reported that PepsiCo is expected to publish fourth-quarter 2026 results on February 11, 2027. The next reporting date will test whether the lower earnings outlook reflects a temporary North American setback or a broader pressure on snack and beverage demand.

PepsiCo stock holds above Xetra close

PepsiCo stock was trading at EUR 114.19 at Lang & Schwarz on October 13, 2026 at 12:34 p.m. CEST, up 0.91 percent versus the Xetra close of October 12, 2026 at EUR 113.16. The quote was in trading under the Xetra session model. The further course of trading is shown by the continuously updated real-time quote of PepsiCo stock.

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