Starbucks (SBUX) to Release Earnings on Tuesday

Starbucks (NASDAQ:SBUX) is expected to post its Q2 2026 results after the market closes on Tuesday, April 28th. Analysts expect Starbucks to post earnings of $0.42 per share and revenue of $9.0924 billion for the quarter. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, April 28, 2026 at 4:15 PM ET.

Starbucks (NASDAQ:SBUX) last released 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). Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The firm had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. During the same period in the previous year, the business earned $0.69 EPS. The firm’s revenue was up 5.5% compared to the same quarter last year. On average, analysts expect Starbucks to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Starbucks Price Performance

Starbucks stock opened at $98.67 on Friday. The company’s 50 day simple moving average is $96.03 and its 200 day simple moving average is $90.41. Starbucks has a fifty-two week low of $75.50 and a fifty-two week high of $104.82. The firm has a market capitalization of $112.41 billion, a price-to-earnings ratio of 81.55, a PEG ratio of 2.25 and a beta of 0.95.

Starbucks Announces Dividend

The company 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 dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.48 annualized dividend and a yield of 2.5%. Starbucks’s dividend payout ratio (DPR) is presently 204.96%.

Key Headlines Impacting Starbucks

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

Insider Buying and Selling

In other Starbucks news, CEO Brady Brewer sold 1,641 shares of Starbucks 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 $159,373.92. Following the transaction, the chief executive officer owned 86,605 shares of the company’s stock, valued at approximately $8,411,077.60. The trade was a 1.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Sara Kelly sold 2,500 shares of Starbucks stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction of $242,800.00. Following the completion of the transaction, the executive vice president directly owned 59,609 shares in the company, valued at approximately $5,789,226.08. The trade was a 4.03% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 6,958 shares of company stock worth $667,464. Insiders own 0.03% of the company’s stock.

Institutional Trading of Starbucks

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Stansberry Asset Management LLC raised its holdings in shares of Starbucks by 0.5% in the fourth quarter. Stansberry Asset Management LLC now owns 27,234 shares of the coffee company’s stock valued at $2,293,000 after purchasing an additional 147 shares during the last quarter. 44 Wealth Management LLC raised its holdings in shares of Starbucks by 5.4% in the second quarter. 44 Wealth Management LLC now owns 3,675 shares of the coffee company’s stock valued at $337,000 after purchasing an additional 188 shares during the last quarter. Rakuten Securities Inc. raised its holdings in shares of Starbucks by 55.1% in the second quarter. Rakuten Securities Inc. now owns 549 shares of the coffee company’s stock valued at $50,000 after purchasing an additional 195 shares during the last quarter. FSB Premier Wealth Management Inc. raised its holdings in shares of Starbucks by 2.3% in the second quarter. FSB Premier Wealth Management Inc. now owns 8,999 shares of the coffee company’s stock valued at $825,000 after purchasing an additional 205 shares during the last quarter. Finally, WCG Wealth Advisors LLC raised its holdings in shares of Starbucks by 0.7% in the third quarter. WCG Wealth Advisors LLC now owns 33,122 shares of the coffee company’s stock valued at $2,802,000 after purchasing an additional 215 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. TD Cowen reissued a “hold” rating and set a $89.00 price objective (up from $84.00) on shares of Starbucks in a research note on Friday, January 30th. Wolfe Research assumed coverage on shares of Starbucks in a research note on Monday, March 9th. They issued a “peer perform” rating on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Starbucks in a research note on Wednesday, March 4th. Bank of America set a $114.00 price target on shares of Starbucks in a research note on Wednesday, January 21st. Finally, William Blair raised shares of Starbucks from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 22nd. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Starbucks has an average rating of “Moderate Buy” and a consensus target price of $104.75.

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.