Starbucks (NASDAQ:SBUX) Releases FY 2026 Earnings Guidance

Starbucks (NASDAQ:SBUX) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.250-2.450 for the period, compared to the consensus estimate of 2.290. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on SBUX shares. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $115.00 price target (up from $110.00) on shares of Starbucks in a research note on Wednesday. Robert W. Baird lifted their price objective on Starbucks from $112.00 to $117.00 and gave the company an “outperform” rating in a research report on Wednesday. Dbs Bank raised Starbucks from a “strong sell” rating to a “moderate sell” rating in a research report on Friday, March 20th. Mizuho raised their price target on Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a research note on Monday, January 26th. Finally, Piper Sandler reiterated an “overweight” rating and set a $110.00 price target on shares of Starbucks in a report on Wednesday. Sixteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Starbucks has a consensus rating of “Moderate Buy” and a consensus price target of $106.93.

Starbucks Price Performance

Shares of SBUX stock traded down $0.44 on Thursday, hitting $105.07. The company’s stock had a trading volume of 3,172,818 shares, compared to its average volume of 8,803,380. The stock has a market capitalization of $119.70 billion, a price-to-earnings ratio of 86.99, a P/E/G ratio of 2.08 and a beta of 0.95. Starbucks has a fifty-two week low of $77.99 and a fifty-two week high of $107.27. The firm’s fifty day moving average price is $96.34 and its 200-day moving average price is $90.85.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.44 by $0.06. Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The firm had revenue of $9.53 billion for the quarter, compared to the consensus estimate of $9.09 billion. During the same period in the prior year, the business posted $0.41 earnings per share. The business’s quarterly revenue was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Analysts predict that Starbucks will post 2.31 EPS for the current fiscal year.

Starbucks Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, May 15th. Starbucks’s dividend payout ratio (DPR) is presently 187.88%.

Insider Activity at Starbucks

In related news, CEO Brady Brewer sold 588 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $100.00, for a total value of $58,800.00. Following the completion of the sale, the chief executive officer directly owned 83,788 shares in the company, valued at approximately $8,378,800. The trade was a 0.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,500 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total value of $242,800.00. Following the transaction, the executive vice president owned 59,609 shares in the company, valued at approximately $5,789,226.08. This trade represents a 4.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 6,958 shares of company stock valued at $667,464. Corporate insiders own 0.03% of the company’s stock.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Company-wide beat-and-raise: Starbucks reported stronger-than-expected Q2 results (EPS and revenue beat) and raised FY2026 guidance, evidence management calls an inflection in the “Back to Starbucks” turnaround. This is the primary driver of recent upside. Read More.
• Positive Sentiment: Traffic and operational fixes are working: U.S. comparable-store sales and customer traffic improved materially after menu simplification, staffing increases and faster service sequencing — the operational story that CEO Brian Niccol says “marked the turn.” Read More.
• Positive Sentiment: Wall Street momentum: Multiple firms raised price targets and issued more favorable ratings after the quarter, lifting sentiment and amplifying the stock’s run. Analyst upgrades helped fuel the recent rally. Read More.
• Neutral Sentiment: Corporate moves and product innovation: Starbucks announced a new Nashville corporate hub and is expanding product lines (e.g., Energy Refreshers); strategic long-term initiatives that could help execution but are not immediate earnings drivers. Read More.
• Negative Sentiment: Margin pressure and costs: While sales are recovering, higher labor, gas and utility costs and investments in staffing have compressed margins; analysts and management warn profit recovery may lag top-line gains. That concern caps part of the rally. Read More.
• Negative Sentiment: Valuation and short-term consolidation risk: SBUX has run significantly year-to-date and in the last month, pushing multiples higher; some commentators question whether the stock has “run too far,” prompting profit-taking and a near?term pullback. Read More.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of SBUX. Corient Private Wealth LLC increased its stake in shares of Starbucks by 146.6% in the second quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock worth $553,201,000 after purchasing an additional 3,596,014 shares during the period. T. Rowe Price Investment Management Inc. boosted its stake in Starbucks by 18.7% during the 4th 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 during the period. Amundi grew its holdings in Starbucks by 57.1% in the 4th quarter. Amundi now owns 4,532,627 shares of the coffee company’s stock valued at $381,693,000 after buying an additional 1,647,292 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in Starbucks in the 4th quarter valued at approximately $112,158,000. Finally, California Public Employees Retirement System increased its position in Starbucks by 39.2% in the 4th quarter. California Public Employees Retirement System now owns 3,356,091 shares of the coffee company’s stock worth $282,616,000 after buying an additional 944,679 shares during the period. Institutional investors and hedge funds own 72.29% of the company’s stock.

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.