Starbucks Corporation (NASDAQ:SBUX) Stock Has Average Price Target of $108.89

Shares of Starbucks Corporation (NASDAQ:SBUX) have received a consensus recommendation of “Hold” from the forty analysts that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, fifteen have given a hold recommendation and twenty-one have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $108.83.

A number of equities analysts have recently issued reports on the company. Piper Sandler increased their target price on Starbucks from $110.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. lowered their price target on shares of Starbucks from $112.00 to $105.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 29th. Guggenheim reiterated a “neutral” rating and issued a $103.00 price objective (up from $97.00) on shares of Starbucks in a research note on Monday, November 2nd. Morgan Stanley cut shares of Starbucks from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. Finally, Rothschild & Co Redburn boosted their price objective on shares of Starbucks from $81.00 to $82.00 and gave the stock a “sell” rating in a research report on Wednesday, September 30th.

Starbucks Stock Performance

SBUX stock opened at $109.44 on Friday. Starbucks has a one year low of $81.97 and a one year high of $111.50. The company has a fifty day moving average of $99.18 and a 200-day moving average of $100.11. The stock has a market capitalization of $124.76 billion, a PE ratio of 40.48, a price-to-earnings-growth ratio of 1.81 and a beta of 1.01.

Starbucks (NASDAQ:SBUX) last posted 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 firm had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.22 billion. Starbucks had a net margin of 6.66% and a negative return on equity of 38.61%. The firm’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.52 earnings per share. Equities analysts forecast that Starbucks will post 3.22 earnings per share for the current fiscal year.

Starbucks Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, November 13th. This is an increase from Starbucks’s previous quarterly dividend of $0.62. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.3%. Starbucks’s dividend payout ratio is 112.22%.

Insider Activity

In other news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $110.00, for a total transaction of $245,190.00. Following the completion of the sale, the chief executive officer directly owned 68,691 shares in the company, valued at $7,556,010. The trade was a 3.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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 $694,874. 0.03% of the stock is owned by company insiders.

Hedge Funds Weigh In On Starbucks

Several large investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in shares of Starbucks in the second quarter worth approximately $8,504,509,000. State Street Corp increased its stake in Starbucks by 3.2% during the second quarter. State Street Corp now owns 49,260,268 shares of the coffee company’s stock worth $5,033,907,000 after acquiring an additional 1,530,497 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Starbucks by 9.0% in the 1st quarter. Bank of America Corp DE now owns 15,761,355 shares of the coffee company’s stock worth $1,412,060,000 after purchasing an additional 1,300,085 shares during the period. Fisher Asset Management LLC lifted its stake in shares of Starbucks by 1.5% in the 3rd quarter. Fisher Asset Management LLC now owns 12,779,234 shares of the coffee company’s stock valued at $1,200,737,000 after purchasing an additional 193,849 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Starbucks by 26.2% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,506,482 shares of the coffee company’s stock worth $869,277,000 after purchasing an additional 1,767,530 shares during the period. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Stifel’s Buy rating and $115 target supported investor optimism and helped drive the stock’s advance. Starbucks rises as Stifel resumes coverage with Buy rating and $115 target
• Positive Sentiment: Recent results provide a supportive backdrop: Starbucks reported adjusted quarterly EPS of $0.80, up 54% year over year, and comparable sales growth of 7.2%. Starbucks Is Up 28% in 2026 After a 7.2% Comp Quarter
• Neutral Sentiment: Call-option trading was about 40% above its typical daily volume, suggesting increased positioning and interest, though options activity alone does not establish a durable bullish outlook.
• Neutral Sentiment: CEO Brady Brewer sold 2,229 shares under a pre-arranged Rule 10b5-1 plan. The sale was relatively small compared with his remaining holdings, which may temper its significance. SEC filing
• Negative Sentiment: A recent valuation commentary argues the stock may be expensive relative to its cash-flow outlook, raising the risk that some of the recent share-price strength is already reflected in the valuation. Starbucks Stock Looks Rich With A 32% Cash Flow Gap

About Starbucks

Starbucks Corporation is a global coffee company that roasts, markets and sells coffee and other beverages, along with food and related merchandise. Its offerings include brewed coffee, espresso-based drinks, teas and packaged coffee products.

The company serves customers through company-operated and licensed stores, as well as through retail and food-service partnerships. Its stores also sell items such as mugs and coffee-making equipment.

Founded in Seattle in 1971, Starbucks operates in North America and international markets, including China.