Starbucks (NASDAQ:SBUX – Get Free Report) had its target price hoisted by equities researchers at JPMorgan Chase & Co. from $95.00 to $100.00 in a research note issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the coffee company’s stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 1.35% from the company’s previous close.
Several other research analysts have also recently weighed in on the stock. New Street Research set a $90.00 price target on shares of Starbucks in a research report on Tuesday, January 27th. Citigroup reissued a “neutral” rating and set a $99.00 price target (up from $92.00) on shares of Starbucks in a research report on Tuesday, April 14th. Dbs Bank raised shares of Starbucks from a “strong sell” rating to a “moderate sell” rating in a research report on Friday, March 20th. Guggenheim reissued a “neutral” rating and set a $95.00 price target (up from $90.00) on shares of Starbucks in a research report on Wednesday, March 4th. Finally, DA Davidson reissued a “neutral” rating and set a $97.00 price target on shares of Starbucks in a research report on Wednesday. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $104.75.
Starbucks Stock Down 0.9%
Starbucks (NASDAQ:SBUX – Get Free Report) last announced 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). Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The business had revenue of $9.92 billion for the quarter, compared to analyst estimates of $9.62 billion. During the same period last year, the firm earned $0.69 EPS. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, research analysts anticipate that Starbucks will post 2.31 earnings per share for the current year.
Insider Transactions at Starbucks
In other Starbucks news, EVP Sara Kelly sold 2,500 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $5,789,226.08. This represents a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Brady Brewer sold 1,641 shares of the company’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction of $159,373.92. Following the completion of the transaction, the chief executive officer directly owned 86,605 shares in the company, valued at $8,411,077.60. The trade was a 1.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 6,958 shares of company stock worth $667,464 in the last ninety days. 0.03% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of SBUX. Norges Bank acquired a new position in Starbucks in the fourth quarter valued at about $1,232,650,000. Capital Research Global Investors lifted its position in Starbucks by 11.4% in the third quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock valued at $7,229,968,000 after buying an additional 8,774,198 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its position in Starbucks by 65.9% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock valued at $1,637,704,000 after buying an additional 7,725,547 shares during the last quarter. Capital World Investors increased its stake in Starbucks by 9.0% during the fourth quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock worth $7,135,228,000 after purchasing an additional 7,007,268 shares during the period. Finally, Corient Private Wealth LLC increased its stake in Starbucks by 146.6% during 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. Institutional investors and hedge funds own 72.29% of the company’s stock.
Starbucks News Roundup
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Stifel raised its price target to $115 (from $105) and reiterated a Buy ahead of the April 28 report — a clear vote of confidence that supports near-term upside expectations. Stifel Boosts Starbucks (SBUX) Target, Sees Earnings In Line with Estimates
- Positive Sentiment: JPMorgan raised its price target and kept an Overweight rating, reinforcing momentum from recent analyst upgrades that have helped lift sentiment into earnings. JPMorgan Raises Price Target on Starbucks
- Positive Sentiment: Starbucks unveiled a new AI platform that management and analysts say could expand personalization, speed service and attract new customers — a strategic catalyst investors view as extending long-term growth and margin opportunities. Starbucks Reveals Groundbreaking Artificial Intelligence (AI) Platform
- Positive Sentiment: Changes to the loyalty program are drawing value-seeking customers (higher redemptions of the new $2-off option), which could help traffic and comps if sustained. Starbucks’ loyalty program changes are drawing value-conscious customers
- Positive Sentiment: Operational moves — paring back some tech roles, planning global tech hubs to bring work in-house and cut costs — are being framed as margin-improvement actions by investors. Starbucks Brewing up Global Tech Plan to Bring Jobs Back in-House and Slash Costs
- Neutral Sentiment: Wall Street previews (Zacks/Seeking Alpha) note potential “Back to Starbucks” progress and menu innovation but also flag seasonal margin pressures and cost headwinds — these create earnings risk/reward ambiguity ahead of Q2. Starbucks to Post Q2 Earnings: What’s in the Cards for the Stock?
- Neutral Sentiment: Nestlé extended its K-Cup alliance for Starbucks-branded pods in North America — a steady revenue stream for at-home coffee but likely modest near-term impact on store-level results. Nestlé Extends Starbucks K Cup Alliance
- Negative Sentiment: DA Davidson issued a Neutral rating, reflecting lingering skepticism from some shops; mixed analyst views can cap upside entering earnings. Starbucks Earns “Neutral” Rating from DA Davidson
- Negative Sentiment: Competitive pressure from rivals (e.g., Dutch Bros, Dunkin’) and questions about store footprint strategy (shift to exurbs, drive-thru focus) may pressure margins and same-store-sales in some markets. Starbucks rival challenges coffee giant’s dominance
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.
Featured Stories
Receive News & Ratings for Starbucks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starbucks and related companies with MarketBeat.com's FREE daily email newsletter.
