Starbucks (NASDAQ:SBUX – Get Free Report) had its price target increased by DA Davidson from $102.00 to $110.00 in a report issued on Thursday, Marketbeat Ratings reports. The firm presently has a “neutral” rating on the coffee company’s stock. DA Davidson’s target price would suggest a potential upside of 4.51% from the stock’s current price.
Other research analysts have also recently issued reports about the company. BMO Capital Markets reissued an “outperform” rating and issued a $130.00 price target on shares of Starbucks in a report on Thursday. Morgan Stanley lifted their price objective on shares of Starbucks from $111.00 to $115.00 and gave the company an “overweight” rating in a research report on Thursday. Piper Sandler reissued an “overweight” rating and issued a $110.00 target price on shares of Starbucks in a report on Wednesday, April 29th. Scotiabank lowered Starbucks from a “market perform” rating to an “underperform” rating in a research report on Thursday, May 14th. Finally, UBS Group lifted their target price on Starbucks from $105.00 to $112.00 and gave the stock a “neutral” rating in a report on Thursday. Nineteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $112.04.
View Our Latest Stock Report on SBUX
Starbucks Trading Down 0.6%
Starbucks (NASDAQ:SBUX – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The firm had revenue of $9.32 billion for the quarter, compared to the consensus estimate of $9.17 billion. During the same quarter last year, the company earned $0.50 earnings per share. The business’s revenue for the quarter was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Sell-side analysts predict that Starbucks will post 2.63 EPS for the current year.
Insider Activity
In other news, CEO Brady Brewer sold 2,229 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $104.00, for a total value of $231,816.00. Following the sale, the chief executive officer directly owned 77,364 shares in the company, valued at approximately $8,045,856. This represents a 2.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,687 shares of company stock worth $679,033 in the last ninety days. 0.03% of the stock is owned by insiders.
Institutional Investors Weigh In On Starbucks
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rachor Investment Advisory Services LLC purchased a new position in Starbucks during the fourth quarter valued at approximately $25,000. Phillip James Consulting Co. bought a new stake in Starbucks during the 4th quarter valued at $25,000. Cornerstone Financial Management LLC bought a new stake in Starbucks during the 4th quarter valued at $25,000. Entrust Financial LLC purchased a new position in shares of Starbucks in the 4th quarter valued at $26,000. Finally, Financial Freedom LLC raised its holdings in Starbucks by 296.2% in the first quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock worth $28,000 after purchasing an additional 234 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.
Key Headlines Impacting Starbucks
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Strong fiscal Q3 results: Adjusted earnings of $0.85 per share exceeded the $0.66 consensus, while revenue reached $9.32 billion versus expectations of approximately $9.17 billion. Global comparable-store sales increased 7.9%, powered by 4.2% transaction growth, suggesting customer traffic—not just pricing—is improving. Starbucks Q3 profit beats on US turnaround, lifts full-year guidance
- Positive Sentiment: Guidance was raised: Starbucks lifted fiscal 2026 adjusted EPS guidance to $2.55–$2.65 from $2.25–$2.45 and now expects roughly 6% full-year global comparable-sales growth. Management said faster service, store improvements, new products and better customer experiences are helping CEO Brian Niccol’s “Back to Starbucks” turnaround. Starbucks Just Raised Starbucks’ Full-Year Profit Guidance
- Positive Sentiment: Analyst support remains favorable: TD Cowen reaffirmed a Buy rating with a $120 target, while BTIG raised or reaffirmed its target at $115. Wells Fargo raised its target to $125 and Morgan Stanley to $115, reinforcing expectations for further recovery. We’re raising our price target on Starbucks after a home-run quarter
- Neutral Sentiment: Starbucks is testing carbonated versions of its Refreshers in select markets, expanding its non-coffee beverage strategy aimed particularly at younger customers. The sales impact remains unproven. Starbucks is betting bubbles will give sales some sparkle
- Negative Sentiment: Valuation and profit-taking are limiting upside: After a substantial year-to-date advance and trading near its 52-week high, SBUX carries a price-to-earnings ratio above 60. Wolfe Research maintained a Hold rating, and BNP Paribas Exane kept an Underperform rating with a $92 target, warning that much of the recovery may already be priced in. Recent insider activity has also consisted of sales rather than purchases.
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.
Featured Stories
- Five stocks we like better than Starbucks
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Receive News & Ratings for Starbucks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starbucks and related companies with MarketBeat.com's FREE daily email newsletter.
