BTIG Research Reiterates Buy Rating for Starbucks (NASDAQ:SBUX)

Starbucks (NASDAQ:SBUX)‘s stock had its “buy” rating reissued by equities researchers at BTIG Research in a research note issued to investors on Friday,Benzinga reports. They presently have a $115.00 price target on the coffee company’s stock. BTIG Research’s price target points to a potential upside of 8.64% from the stock’s current price.

SBUX has been the topic of several other research reports. BNP Paribas Exane upped their price objective on Starbucks from $87.00 to $92.00 and gave the company an “underperform” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $126.00 target price on shares of Starbucks in a research report on Thursday. Jefferies Financial Group assumed coverage on Starbucks in a research report on Thursday, May 14th. They set a “buy” rating on the stock. Wells Fargo & Company boosted their price objective on Starbucks from $120.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Wedbush started coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued an “outperform” rating for the company. Nineteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $112.04.

Starbucks Price Performance

NASDAQ SBUX opened at $105.85 on Friday. Starbucks has a 1 year low of $77.99 and a 1 year high of $109.23. The company has a fifty day moving average price of $102.19 and a 200-day moving average price of $99.04. The firm has a market cap of $120.64 billion, a price-to-earnings ratio of 60.83, a PEG ratio of 2.07 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a net margin of 5.17% and a negative return on equity of 33.44%. The company had revenue of $9.32 billion for the quarter, compared to the consensus estimate of $9.17 billion. During the same period in the previous year, the firm earned $0.50 EPS. The firm’s quarterly revenue was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, research analysts anticipate that Starbucks will post 2.41 EPS for the current fiscal year.

Insider Activity at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $104.00, for a total transaction of $231,816.00. Following the completion of the transaction, the chief executive officer owned 77,364 shares of the company’s stock, valued at approximately $8,045,856. The trade was a 2.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,687 shares of company stock valued at $679,033 in the last three months. 0.03% of the stock is currently owned by company insiders.

Institutional Trading of Starbucks

Several institutional investors and hedge funds have recently bought and sold shares of SBUX. Norges Bank bought a new position in shares of Starbucks in the fourth quarter worth $1,232,650,000. T. Rowe Price Investment Management Inc. boosted its stake in Starbucks by 65.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock valued at $1,637,704,000 after buying an additional 7,725,547 shares during the period. Capital World Investors boosted its stake in Starbucks by 9.0% during the fourth quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock valued at $7,135,228,000 after buying an additional 7,007,268 shares during the period. Corient Private Wealth LLC grew its position in Starbucks by 146.6% during the second quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock worth $553,201,000 after buying an additional 3,596,014 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its position in Starbucks by 483.8% during the second quarter. Assenagon Asset Management S.A. now owns 3,182,890 shares of the coffee company’s stock worth $325,260,000 after buying an additional 2,637,715 shares in the last quarter. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Fiscal Q3 adjusted EPS was $0.85, well above the $0.66 analyst consensus and up from $0.50 a year earlier. Revenue reached $9.32 billion, exceeding estimates of approximately $9.17 billion. Starbucks beats quarterly sales estimates
• Positive Sentiment: Global comparable-store sales increased 7.9%, driven mainly by a 4.2% increase in transactions, substantially exceeding Wall Street’s 5.7% expectation. Starbucks also reported stronger North American demand and its fourth consecutive quarter of comparable-sales growth. Starbucks Reports Q3 Fiscal Year 2026 Results
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $2.55-$2.65 from $2.25-$2.45 and now expects approximately 6% global comparable-sales growth, reflecting confidence in sustained operating momentum. Starbucks raised full-year profit guidance
• Positive Sentiment: Margin expansion, store remodels, faster service and licensing changes—including the China joint-venture structure—are improving the turnaround’s profitability profile. Several analysts raised targets, including Wells Fargo to $125, while TD Cowen reaffirmed a $120 Buy target. Can Starbucks Keep This Turnaround Going?
• Neutral Sentiment: Analyst opinion remains mixed. DA Davidson, UBS and Citi raised targets but kept Neutral ratings, while Wolfe Research maintained a Hold. BNP Paribas Exane still rates the shares Underperform despite raising its target to $92.
• Negative Sentiment: Quarterly revenue declined 1.4% year over year, partly because of the China business transition, and valuation remains demanding after the stock’s strong run. Investors may therefore require continued traffic, margin and earnings improvement to justify further gains. Starbucks stock may be expensive

Starbucks Company Profile

Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.

Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.