PepsiCo Stock Has Stalled. Here Is Why the Second Half of 2026 Could Be Its Turning Point.

PepsiCo's stock has underperformed despite improving fundamentals. The company has successfully pivoted its product mix toward healthier options, resulting in revenue growth of over 7% in the first half of fiscal 2026 and significantly improved net income. Trading at an 18 P/E ratio with a 4.1% dividend yield and Dividend King status, PepsiCo offers better value than Coca-Cola and could see a rally in the second half of 2026 as investors recognize its recovery.