Starbucks (NASDAQ:SBUX) Price Target Cut to $92.00 by Analysts at Citigroup

Starbucks (NASDAQ:SBUX) had its price target decreased by Citigroup from $94.00 to $92.00 in a research report sent to investors on Monday morning,Benzinga reports. Citigroup currently has a neutral rating on the coffee company’s stock.

Several other analysts have also issued reports on SBUX. Royal Bank Of Canada reiterated an “outperform” rating and set a $105.00 price target on shares of Starbucks in a research report on Thursday, January 29th. TD Cowen restated a “hold” rating and set a $89.00 price objective (up from $84.00) on shares of Starbucks in a research report on Friday. Evercore ISI reiterated an “outperform” rating on shares of Starbucks in a research report on Wednesday, January 28th. Mizuho raised their price target on shares of Starbucks from $86.00 to $95.00 and gave the company a “neutral” rating in a research note on Monday, January 26th. Finally, Morgan Stanley set a $105.00 price objective on shares of Starbucks and gave the stock an “overweight” rating in a research report on Monday, October 20th. Eighteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $104.67.

Starbucks Price Performance

Starbucks stock opened at $91.69 on Monday. The firm has a market cap of $104.46 billion, a PE ratio of 75.78, a price-to-earnings-growth ratio of 2.08 and a beta of 0.97. The stock’s fifty day moving average price is $88.26 and its two-hundred day moving average price is $87.08. Starbucks has a one year low of $75.50 and a one year high of $117.46.

Starbucks (NASDAQ:SBUX) last released its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.03). The company had revenue of $9.92 billion for the quarter, compared to analyst estimates of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the company posted $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Sell-side analysts expect that Starbucks will post 2.99 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, February 13th. Starbucks’s payout ratio is 204.96%.

Insider Activity

In related news, Director Jorgen Vig Knudstorp acquired 11,700 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The shares were bought at an average cost of $85.00 per share, with a total value of $994,500.00. Following the completion of the purchase, the director directly owned 53,096 shares in the company, valued at $4,513,160. The trade was a 28.26% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.09% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Norges Bank acquired a new position in Starbucks during the 2nd quarter worth approximately $1,246,316,000. Capital Research Global Investors raised its position in shares of Starbucks by 11.4% during the third quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock worth $7,229,968,000 after purchasing an additional 8,774,198 shares during the period. Corient Private Wealth LLC lifted its holdings in shares of Starbucks by 146.6% in the 2nd 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 in the last quarter. Capital International Investors grew its position in Starbucks by 22.5% in the 3rd quarter. Capital International Investors now owns 14,691,772 shares of the coffee company’s stock valued at $1,243,104,000 after purchasing an additional 2,699,479 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in Starbucks by 80.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 5,105,164 shares of the coffee company’s stock valued at $433,923,000 after purchasing an additional 2,277,792 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: U.S. same‑store sales and traffic improvements point to a consumer recovery and helped lift sentiment that Starbucks’ turnaround is working; sustained traffic gains would support revenue and margin recovery. Starbucks Sees Robust Same-Store Sales. Can the Stock’s Momentum Continue?
• Positive Sentiment: Management is pushing tech-driven initiatives — drive‑thru robots and AI chatbots to speed service and lower labor costs — which, if scaled successfully, could boost throughput and margins over time. Starbucks Believes Drive-Thru Robots are the Right Blend to Perk-Up Sales
• Positive Sentiment: Product innovation tied to consumer health trends — CEO Brian Niccol cites GLP‑1 effects as a driver for more protein-forward items — could help Starbucks capture incremental ticket and visits. Starbucks CEO Brian Niccol says rise of GLP-1s is behind company’s protein push
• Positive Sentiment: Investor Day showcased the new café model and management’s comeback plan; visible execution in store pilots supports the case that initiatives could translate into sustainable sales growth. We went to Starbucks’ first investor day in 3 years, toured its new café model, and saw its comeback plan in action
• Positive Sentiment: Starbucks is pushing cup recycling and sustainability initiatives — a long‑term brand/ESG positive that can reduce regulatory and reputational risk and appeal to ESG‑focused investors. Starbucks Cup Recycling Push Adds New Dimension To Investment Story
• Neutral Sentiment: Coverage pieces highlight a Catch‑22: strong tech/AI narratives lift sentiment, but execution risk and capital intensity leave the stock exposed to disappointment if results don’t follow. The Starbucks Conundrum: Starbucks Stock (NASDAQ:SBUX) Notches Up Amid Focus on AI
• Neutral Sentiment: Opinion/visit pieces (Seeking Alpha, YouTube coverage) provide qualitative color on store experience and competition; useful for trend spotting but less directly actionable for near‑term price moves. I Went To Luckin Coffee And Starbucks: Why I Am Choosing Their Coffee Over Both Shares
• Negative Sentiment: Analyst action: Citigroup trimmed its price target to $92 and moved to a “neutral” rating — a modest headwind that can pressure sentiment when combined with a high P/E and recent EPS miss. Citigroup price target cut / neutral rating

About Starbucks

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.