Starbucks Corporation (NASDAQ:SBUX) Stock Has Consensus Target Price of $110.30

Shares of Starbucks Corporation (NASDAQ:SBUX) have been given a consensus recommendation of “Hold” by the thirty-four research firms that are currently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $110.30.

Several brokerages have weighed in on SBUX. Morgan Stanley downgraded shares of Starbucks from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. Zacks Research lowered Starbucks from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $126.00 price target on shares of Starbucks in a report on Thursday, July 30th. Raymond James Financial lowered shares of Starbucks to an “outperform” rating in a research report on Monday, August 3rd. Finally, Seaport Research Partners initiated coverage on shares of Starbucks in a research note on Wednesday, September 16th. They set a “neutral” rating on the stock.

Starbucks Trading Down 0.5%

Shares of NASDAQ:SBUX opened at $93.65 on Friday. The company has a market capitalization of $106.76 billion, a PE ratio of 53.82, a P/E/G ratio of 1.64 and a beta of 0.97. Starbucks has a 12-month low of $77.99 and a 12-month high of $110.51. The business’s fifty day simple moving average is $103.45 and its 200-day simple moving average is $101.20.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.19. The company had revenue of $9.32 billion for the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Research analysts predict that Starbucks will post 2.64 EPS for the current year.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks plans to close roughly 250 underperforming North American cafes—about 1% of its regional store base—to concentrate resources on locations with better financial and customer-service potential. Management said the turnaround strategy is working, which could improve margins and store productivity over time. Starbucks to close another 250 coffeehouses in North America
• Positive Sentiment: The company is investing in its remaining footprint, targeting approximately 1,500 coffeehouse improvements by the end of fiscal 2026. Digital menu boards approaching broad coverage could also support afternoon sales of Refreshers, food and other higher-margin products. Starbucks Accelerates Back To Starbucks Revamp
• Neutral Sentiment: Seasonal demand remains a potential support, with investor attention focused on whether the Pumpkin Spice Latte and other indulgent beverages can sustain traffic while consumers cut spending elsewhere. Does the Pumpkin Spice Latte craze pay off for Starbucks investors?
• Neutral Sentiment: Reported short-interest data showed zero shares and a zero-day short-interest ratio as of September 24, suggesting the data may be incomplete or unreliable rather than signaling meaningful short-covering activity.
• Negative Sentiment: The closures will result in approximately $300 million of restructuring charges, while Starbucks reduced its fiscal 2026 net-new-store-opening outlook to 440 cafes. The charges and slower unit growth reinforce concerns about near-term profitability. Starbucks to shutter about 250 stores
• Negative Sentiment: Investors are reacting cautiously because the closures follow a prior reduction of 627 stores and 900 non-retail jobs, highlighting ongoing weakness at parts of the North American portfolio. Higher employee health-insurance costs may add further pressure. Starbucks to shutter 250 stores in North America
• Negative Sentiment: At roughly $93.65, SBUX trades well below its recent moving averages and at an elevated valuation, with a P/E ratio near 54. That leaves limited room for execution missteps while investors wait for the turnaround to translate into stronger sales and earnings.

Insider Transactions at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $105.60, for a total transaction of $235,382.40. Following the completion of the sale, the chief executive officer owned 73,149 shares of the company’s stock, valued at approximately $7,724,534.40. The trade was a 2.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 6,687 shares of company stock valued at $703,450. Company insiders own 0.03% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. QRG Capital Management Inc. boosted its position in Starbucks by 10.5% in the second quarter. QRG Capital Management Inc. now owns 159,617 shares of the coffee company’s stock valued at $16,311,000 after buying an additional 15,211 shares during the last quarter. State Street Corp lifted its stake in Starbucks by 3.2% during the 2nd quarter. State Street Corp now owns 49,260,268 shares of the coffee company’s stock valued at $5,033,907,000 after acquiring an additional 1,530,497 shares during the period. Smith Chas P & Associates PA Cpas purchased a new stake in shares of Starbucks in the 2nd quarter valued at $204,000. Marathon Wealth Advisors LLC increased its stake in shares of Starbucks by 1.9% in the second quarter. Marathon Wealth Advisors LLC now owns 13,128 shares of the coffee company’s stock worth $1,342,000 after acquiring an additional 246 shares during the period. Finally, Capstone Financial Advisors Inc. acquired a new position in Starbucks during the second quarter valued at $2,981,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Starbucks Company Profile

Starbucks Corporation is a global coffeehouse company that roasts, markets and sells specialty coffee, tea, cold beverages, food and other related products. Its offerings include brewed coffee, espresso-based beverages, cold drinks, teas, pastries, breakfast items and packaged coffee and tea products. Starbucks also sells branded merchandise, including drinkware and related accessories.

Founded in 1971 in Seattle, Starbucks has grown from a local coffee retailer into an international business.