William Blair Has Positive View of Starbucks FY2026 Earnings

Starbucks Corporation (NASDAQ:SBUX) – Investment analysts at William Blair increased their FY2026 EPS estimates for shares of Starbucks in a report released on Tuesday, August 19th. William Blair analyst S. Zackfia now forecasts that the coffee company will post earnings of $2.37 per share for the year, up from their prior estimate of $2.36. The consensus estimate for Starbucks’ current full-year earnings is $2.99 per share.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Tuesday, July 29th. The coffee company reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.14). Starbucks had a net margin of 7.18% and a negative return on equity of 36.23%. The company had revenue of $9.46 billion during the quarter, compared to analysts’ expectations of $9.29 billion. During the same period in the prior year, the business earned $0.93 earnings per share. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year.

A number of other analysts have also commented on the company. Stifel Nicolaus raised their price target on Starbucks from $92.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, July 11th. TD Cowen lifted their price target on Starbucks from $90.00 to $95.00 and gave the stock a “hold” rating in a research report on Wednesday, July 30th. Loop Capital set a $165.00 price objective on Starbucks in a report on Tuesday, August 12th. Guggenheim lifted their price objective on Starbucks from $79.00 to $90.00 and gave the stock a “neutral” rating in a report on Thursday, July 31st. Finally, Wall Street Zen downgraded Starbucks from a “hold” rating to a “sell” rating in a research note on Thursday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Starbucks has a consensus rating of “Moderate Buy” and a consensus price target of $104.40.

Starbucks Price Performance

Shares of NASDAQ SBUX opened at $88.38 on Friday. Starbucks has a one year low of $75.50 and a one year high of $117.46. The stock has a market capitalization of $100.46 billion, a P/E ratio of 38.09, a PEG ratio of 5.25 and a beta of 1.02. The firm’s 50 day simple moving average is $92.49 and its two-hundred day simple moving average is $93.41.

Institutional Trading of Starbucks

Several institutional investors have recently bought and sold shares of SBUX. TrinityPoint Wealth LLC lifted its position in Starbucks by 2.7% during the fourth quarter. TrinityPoint Wealth LLC now owns 3,421 shares of the coffee company’s stock worth $312,000 after buying an additional 89 shares in the last quarter. Mendel Capital Management LLC raised its holdings in shares of Starbucks by 1.8% in the 4th quarter. Mendel Capital Management LLC now owns 5,721 shares of the coffee company’s stock valued at $522,000 after buying an additional 101 shares during the period. Alliance Wealth Advisors LLC raised its holdings in shares of Starbucks by 2.1% in the 2nd quarter. Alliance Wealth Advisors LLC now owns 5,170 shares of the coffee company’s stock valued at $474,000 after buying an additional 108 shares during the period. Cooper Haims Advisors LLC grew its stake in Starbucks by 3.0% during the 2nd quarter. Cooper Haims Advisors LLC now owns 3,749 shares of the coffee company’s stock worth $344,000 after purchasing an additional 110 shares in the last quarter. Finally, Brown Lisle Cummings Inc. grew its stake in Starbucks by 1.4% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 8,293 shares of the coffee company’s stock worth $760,000 after purchasing an additional 117 shares in the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

Starbucks Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be issued a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, August 15th. Starbucks’s dividend payout ratio (DPR) is presently 105.17%.

Starbucks Company Profile

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.