Starbucks (NASDAQ:SBUX) Given “Buy” Rating at BTIG Research

Starbucks (NASDAQ:SBUX)‘s stock had its “buy” rating restated by analysts at BTIG Research in a report issued on Friday, Benzinga reports. They currently have a $115.00 price objective on the coffee company’s stock. BTIG Research‘s target price indicates a potential upside of 8.99% from the company’s current price.

Several other research firms also recently weighed in on SBUX. Piper Sandler increased their price target on Starbucks from $110.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Raymond James Financial restated an “outperform” rating on shares of Starbucks in a research note on Friday, October 9th. Argus upped their price objective on shares of Starbucks from $112.00 to $120.00 and gave the company a “buy” rating in a report on Friday, July 31st. JPMorgan Chase & Co. cut their target price on shares of Starbucks from $112.00 to $105.00 and set an “overweight” rating for the company in a research report on Tuesday, September 29th. Finally, DA Davidson reiterated a “neutral” rating and issued a $110.00 target price on shares of Starbucks in a research note on Friday, October 9th. Twenty-three investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, Starbucks currently has an average rating of “Hold” and an average target price of $110.53.

Starbucks Trading Up 2.2%

Starbucks stock opened at $105.51 on Friday. Starbucks has a 1-year low of $77.99 and a 1-year high of $110.51. The firm has a market capitalization of $120.28 billion, a price-to-earnings ratio of 60.64, a price-to-earnings-growth ratio of 1.57 and a beta of 0.98. The firm’s fifty day moving average price is $99.26 and its two-hundred day moving average price is $99.63.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings results on Thursday, October 29th. The coffee company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.08. The business had revenue of $9.14 billion during the quarter, compared to the consensus estimate of $9.22 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%. Starbucks’s revenue was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.52 earnings per share. On average, research analysts forecast that Starbucks will post 2.64 EPS for the current year.

Insiders Place Their Bets

In other Starbucks news, CEO Brady Brewer sold 588 shares of the stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $100.00, for a total value of $58,800.00. Following the sale, the chief executive officer directly owned 70,920 shares in the company, valued at $7,092,000. This represents a 0.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 6,687 shares of company stock worth $685,935. Corporate insiders own 0.03% of the company’s stock.

Institutional Investors Weigh In On Starbucks

Institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in shares of Starbucks during the second quarter valued at approximately $8,504,509,000. Bank of America Corp DE bought a new stake in shares of Starbucks during the second quarter valued at approximately $1,581,287,000. Bank of New York Mellon Corp purchased a new position in Starbucks in the 2nd quarter worth approximately $779,790,000. Legal & General Group Plc bought a new position in Starbucks in the 2nd quarter valued at approximately $649,622,000. Finally, Corient Private Wealth LP bought a new position in Starbucks in the 2nd quarter valued at approximately $289,019,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks reported fiscal Q4 adjusted earnings of $0.80 per share, above the roughly $0.72-$0.73 analyst consensus and up from $0.52 a year earlier. Adjusted operating margin expanded by approximately 450 basis points to 14%. Starbucks Q4 Earnings Beat Estimates
• Positive Sentiment: U.S. comparable sales rose 7.7%, exceeding expectations, supported by stronger product mix, food attachments, pricing and delivery. Global comparable sales increased 7.2%, while matcha, Refreshers and cold-foam customization helped drive afternoon traffic. Starbucks Sales Grew Last Quarter
• Positive Sentiment: Management said the “Back to Starbucks” turnaround is becoming a growth plan, with plans to add about 1,200 net new stores globally, upgrade more than 2,000 North American locations, resume share repurchases and test artificial intelligence in drive-thrus to improve order speed. Starbucks to Test AI in Drive-Thrus
• Neutral Sentiment: The headline revenue decline largely reflects Starbucks’ transfer of nearly 8,000 China company-operated stores to a licensed joint venture. The change reduces reported sales but shifts the company toward royalties and product revenue; North American revenue nevertheless increased 6% to approximately $7.3 billion.
• Neutral Sentiment: Fiscal 2027 guidance calls for adjusted EPS of $3.15-$3.25 and an operating margin of 13.5%-14%, but North American comparable-sales growth is expected to slow to about 4%. The 53rd week contributes more than $0.10 to EPS, limiting the underlying growth signal. Starbucks Revenue Miss Overshadows Solid Results
• Negative Sentiment: Revenue fell about 4.5% to $9.14 billion, below expectations near $9.22-$9.23 billion, while international comparable transactions declined 2.8%. U.S. comparable-sales growth also relied more on a 5.2% increase in average ticket than on transactions, which rose 2.4%. Starbucks Stock Falls as Revenue and International Sales Miss

About Starbucks

Starbucks Corporation is a global specialty coffee company headquartered in Seattle, Washington. Founded in 1971, the company operates and licenses coffeehouses under the Starbucks brand, serving brewed coffee, espresso beverages, teas, cold drinks, food, and other ready-to-consume products.

In addition to its company-operated and licensed stores, Starbucks sells packaged coffee, tea, and single-serve products through grocery retailers, convenience stores, and other distribution channels.