Starbucks (SBUX) Expected to Post Earnings on Wednesday

Starbucks (NASDAQ:SBUX) is expected to post its Q3 2026 results before the market opens on Wednesday, July 29th. Analysts expect Starbucks to announce earnings of $0.65 per share and revenue of $9.1745 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 4:15 PM ET.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.06. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The firm had revenue of $9.53 billion for the quarter, compared to analysts’ expectations of $9.17 billion. During the same quarter last year, the business earned $0.41 earnings per share. The business’s revenue was up 8.8% on a year-over-year basis. On average, analysts expect Starbucks to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Starbucks Stock Up 1.6%

NASDAQ:SBUX opened at $105.34 on Tuesday. The company has a fifty day moving average of $102.27 and a 200 day moving average of $98.69. Starbucks has a 52 week low of $77.99 and a 52 week high of $109.23. The firm has a market capitalization of $120.06 billion, a P/E ratio of 79.86, a P/E/G ratio of 2.05 and a beta of 0.98.

Starbucks Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a $0.62 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. Starbucks’s payout ratio is presently 187.88%.

Wall Street Analyst Weigh In

SBUX has been the subject of several recent analyst reports. The Goldman Sachs Group downgraded shares of Starbucks from a “neutral” rating to a “neutral” rating in a research note on Thursday, May 14th. JPMorgan Chase & Co. boosted their price target on Starbucks from $95.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Citigroup reaffirmed a “neutral” rating and set a $108.00 price target (up from $101.00) on shares of Starbucks in a research report on Tuesday, July 14th. Morgan Stanley reiterated an “overweight” rating and issued a $111.00 price objective (up from $110.00) on shares of Starbucks in a report on Wednesday, July 15th. Finally, Tigress Financial started coverage on Starbucks in a research report on Wednesday, April 15th. They issued a “buy” rating and a $122.00 price objective on the stock. Nineteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Starbucks currently has an average rating of “Moderate Buy” and an average target price of $109.42.

Insider Activity

In related news, EVP Sara Kelly sold 2,000 shares of the business’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total transaction of $210,000.00. Following the transaction, the executive vice president owned 57,653 shares in the company, valued at $6,053,565. The trade was a 3.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of the stock in a transaction dated Monday, July 6th. The stock was 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 directly 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 8,687 shares of company stock valued at $889,033. Corporate insiders own 0.03% of the company’s stock.

Institutional Trading of Starbucks

Several large investors have recently bought and sold shares of the company. Corient Private Wealth LLC lifted its stake in shares of Starbucks by 146.6% in the 2nd quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock valued at $553,201,000 after purchasing an additional 3,596,014 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in shares of Starbucks by 18.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,909,214 shares of the coffee company’s stock valued at $1,171,295,000 after purchasing an additional 2,186,907 shares in the last quarter. Amundi grew its stake in Starbucks by 57.1% in the fourth quarter. Amundi now owns 4,532,627 shares of the coffee company’s stock worth $381,693,000 after purchasing an additional 1,647,292 shares during the period. Renaissance Technologies LLC purchased a new stake in Starbucks in the fourth quarter worth $112,158,000. Finally, California Public Employees Retirement System raised its holdings in Starbucks by 39.2% in the fourth quarter. California Public Employees Retirement System now owns 3,356,091 shares of the coffee company’s stock worth $282,616,000 after purchasing an additional 944,679 shares in the last quarter. 72.29% of the stock is owned by institutional investors.

About Starbucks

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.