Well, yes, energy drinks can lead to dilated pupils. By drinking energy drinks, you may suffer many symptoms, such as headache, dilated pupils, intoxication, insomnia, tremor, anxiety, hypertension, vomiting and nervousness. So some experts have suggested avoiding them. Also, in some serious cases, it can cause sudden heart attack in people with heart condition and diabetes. So for some people who have heart problem, it is very dangerous to have them. Anyway, just be careful about it. If some symptoms occur, you should go and see a doctor as soon as possible.