SimpleFunctions
Winner-take-all answer·16 source contracts·Kalshi 16·refreshed just now·Closes Dec 31, 2026 · 176d

What will PepsiCo, Inc. say during their next earnings call

Leader sits at 92% across 16 bound outcomes, runner-up at 80%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

92%

Volume

runner-up 80¢leader 92¢

Outcomes

16

winner-take-all

Runner-up

80¢

World Cup

Spread

12pp

contested

24h volume

$4K

modest

Closes

Dec 31, 2026

176 days

Venue

Kalshi

16 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayVolume: 86% (10 days, 10 points)Volume: 86% on 2026-07-08World Cup: 77% (10 days, 10 points)World Cup: 77% on 2026-07-08Away from Home: 76% (10 days, 7 points)Away from Home: 76% on 2026-07-07
Volume86¢World Cup77¢Away from Home76¢
Top 3 candidates by current price · 10d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Cluster 1

What will PepsiCo, Inc. say during their next earnings call

16 contracts$4K
OutcomePrice24hVolumeVenueDetail

What will PepsiCo, Inc. say during their next earnings call?: Prebiotic

KXEARNINGSMENTIONPEP-26JUN29-PREB

31¢+2pp$923K

What will PepsiCo, Inc. say during their next earnings call?: Artificial Color

KXEARNINGSMENTIONPEP-26JUN29-ARTI

40¢±0$872K

What will PepsiCo, Inc. say during their next earnings call?: Autonomous

KXEARNINGSMENTIONPEP-26JUN29-AUTO

51¢2pp$668K

What will PepsiCo, Inc. say during their next earnings call?: Gatik

KXEARNINGSMENTIONPEP-26JUN29-GATI

63¢1pp$553K

What will PepsiCo, Inc. say during their next earnings call?: Starbucks

KXEARNINGSMENTIONPEP-26JUN29-STAR

27¢29pp$235K

What will PepsiCo, Inc. say during their next earnings call?: Acquisition

KXEARNINGSMENTIONPEP-26JUN29-ACQU

39¢±0$220K

What will PepsiCo, Inc. say during their next earnings call?: Healthy

KXEARNINGSMENTIONPEP-26JUN29-HEAL

35¢12pp$150K

What will PepsiCo, Inc. say during their next earnings call?: World Cup

KXEARNINGSMENTIONPEP-26JUN29-WORL

80¢±0$128K

What will PepsiCo, Inc. say during their next earnings call?: Celsius

KXEARNINGSMENTIONPEP-26JUN29-CELS

60¢+3pp$97K

What will PepsiCo, Inc. say during their next earnings call?: GLP-1

KXEARNINGSMENTIONPEP-26JUN29-GLP

16¢±0$93K

What will PepsiCo, Inc. say during their next earnings call?: China

KXEARNINGSMENTIONPEP-26JUN29-CHIN

44¢23pp$89K

What will PepsiCo, Inc. say during their next earnings call?: Volume

KXEARNINGSMENTIONPEP-26JUN29-VOLU

92¢+1pp$49K

What will PepsiCo, Inc. say during their next earnings call?: Bubly

KXEARNINGSMENTIONPEP-26JUN29-BUBL

15¢+1pp$39K

What will PepsiCo, Inc. say during their next earnings call?: Food for Tomorrow

KXEARNINGSMENTIONPEP-26JUN29-FOOD

3¢+1pp$38K

What will PepsiCo, Inc. say during their next earnings call?: Away from Home

KXEARNINGSMENTIONPEP-26JUN29-AWAY

76¢±0$37K

What will PepsiCo, Inc. say during their next earnings call?: Tariff

KXEARNINGSMENTIONPEP-26JUN29-TARI

23¢4pp$25K

Analysis

This prediction estimates a 59% chance that PepsiCo will mention a specific topic during their next earnings call. The market reflects uncertainty about which strategic business area the company will emphasize—whether cost-cutting automation, World Cup marketing, health-focused GLP-1 pharmaceutical partnerships, the Bubly brand, or the Celsius energy drink acquisition. The probability is driven by PepsiCo's recent capital allocation decisions and investor focus areas: automation investments could signal operational efficiency priorities, while emerging brands like Celsius and health-adjacent products represent growth narratives. The earnings call itself will resolve this contract when management's actual remarks are analyzed. Traders are weighing how likely it is that PepsiCo prioritizes this particular narrative over others given current market conditions, recent company announcements, and typical investor Q&A patterns. The relatively high leader probability suggests modest confidence in one outcome versus fragmented expectations across alternatives.

  • PepsiCo's most recent quarterly earnings call transcripts and prepared remarks to establish baseline discussion frequency of each topic
  • Recent press releases, investor presentations, or strategic announcements from PepsiCo indicating management priorities in automation, sports marketing, or brand acquisitions
  • Calendar date of the next scheduled earnings call and any interim corporate events that might shift discussion focus
  • Historical trading volumes on Kalshi contracts for PepsiCo topics, showing which narratives generate sustained investor interest
  • Actual quarterly performance metrics in relevant segments (energy drinks, automation ROI, international marketing) that would naturally trigger earnings call commentary

What moved the line

  • Jul 4China44pp6521¢ · Kalshi
  • Jul 8Starbucks29pp5526¢ · Kalshi
  • Jul 2China26pp3864¢ · Kalshi
  • Jul 7Tariff25pp2550¢ · Kalshi
  • Jul 8China23pp6441¢ · Kalshi

Recently closed in general

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

More like this

Adjacent prediction questions.

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

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