PepsiCo Stock Plunges 5.43% on Earnings Miss, Lowered Outlook

PepsiCo's stock price fell to its lowest level since March 2021 today, with an intraday decline of 5.43%.

PepsiCo is currently facing several challenges that are impacting its stock price. The company is grappling with rising supply chain costs due to tariffs, which are exacerbating an already uncertain macroeconomic environment. This has led to a slowdown in consumer spending, contributing to a rare quarterly earnings miss. As a result, PepsiCo has decided to lower its full-year profit outlook for fiscal 2025. The company has reduced its core EPS forecast, expecting a 3% decline compared to the previous year. This adjustment comes amidst continued volatility and uncertainty, particularly related to global trade developments. These challenges have also led analysts to lower their price targets for PepsiCo stock.