The invention discloses a pea protein beverage and belongs to the technical field of food processing. The pea protein beverage comprises, by mass, 0.7-6.0% of pea protein powder, 2-8% of white sugar,0.5-6.0% of vegetable oil, 0-1% of enzymolyzed oat powder, 0.5-6.0% of coconut cream, 0.2-0.4% of a compound emulsifying and thickening agent, 0.03% of sodium tripolyphosphate, 0.05-2% of powdery essence and the balance of water. The pea protein beverage is prepared by selectively using the proper compound emulsifying and thickening agent and other formula ingredients. A preparation method is simple, reasonable, easy in operation and convenient to implement, and the pea protein beverage prepared by the method is excellent in color, high in stability, soft and refreshing in taste, uniform in suspension in the shelf life of 12 months, free of layering, water separation and precipitation, nourishing, balanced in matching, rich in flavor and suitable for instant drinking by people at all ages.