Shares of Starbucks Corporation (NASDAQ:SBUX – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the twenty-eight brokerages that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and eighteen have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $104.3077.
Several equities analysts recently weighed in on SBUX shares. William Blair upgraded shares of Starbucks from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 22nd. Wells Fargo & Company set a $110.00 target price on shares of Starbucks in a research note on Wednesday, January 28th. Evercore restated an “outperform” rating on shares of Starbucks in a research note on Wednesday, January 28th. Zacks Research raised shares of Starbucks from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. Finally, BTIG Research reiterated a “buy” rating and issued a $105.00 price objective on shares of Starbucks in a research note on Thursday, January 29th.
Read Our Latest Analysis on Starbucks
Starbucks Stock Down 0.1%
Starbucks (NASDAQ:SBUX – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.03). The business had revenue of $9.92 billion during the quarter, compared to analysts’ expectations of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, research analysts expect that Starbucks will post 2.99 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in SBUX. Transce3nd LLC increased its holdings in shares of Starbucks by 270.3% in the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after purchasing an additional 200 shares during the period. Collier Financial purchased a new position in Starbucks during the third quarter worth about $25,000. Rachor Investment Advisory Services LLC bought a new position in Starbucks in the 4th quarter worth about $25,000. Phillip James Consulting Co. bought a new position in Starbucks in the 4th quarter worth about $25,000. Finally, Cornerstone Financial Management LLC purchased a new stake in shares of Starbucks in the 4th quarter valued at about $25,000. Institutional investors 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.
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