Purchase, New York-based PepsiCo, Inc. (PEP) engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company has a market capitalization of $189.4 billion and operates through PepsiCo Foods North America, PepsiCo Beverages North America, International Beverages Franchise, Europe, the Middle East and Africa, Latin America Foods, and Asia Pacific Foods segments.
PEP stock has lagged behind the broader market over the past year, declining 1.7% compared to the S&P 500 Index’s ($SPX) 21.5% surge. However, in 2026, the stock has fallen by nearly 3.5%, outperforming the SPX’s 12.6% rise.