Starbucks (NASDAQ:SBUX) Sets New 1-Year High – What’s Next?

Shares of Starbucks Corporation (NASDAQ:SBUX) hit a new 52-week high on Friday . The company traded as high as $109.00 and last traded at $108.5560, with a volume of 14121 shares traded. The stock had previously closed at $108.37.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: RBC said Starbucks’ fiscal Q3 North America same-store sales are likely to come in line with consensus, which could reassure investors that the U.S. business is stabilizing. Starbucks Fiscal Q3 North America Same-Store Sales Poised to be In-Line With Consensus, RBC Says
• Positive Sentiment: Analyst commentary remains generally constructive, with several recent firms reiterating buy or overweight ratings and price targets clustering around levels near or above the current share price. Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Starbucks (SBUX), Airbnb (ABNB) and Silgan Holdings (SLGN)
• Positive Sentiment: Starbucks’ reaffirmed dividend and efforts to cut software costs by building more of its own tools with AI may support margins over time. What Starbucks (SBUX)’s Dividend Affirmation and Software Cost Cuts Mean For Shareholders
• Positive Sentiment: Starbucks recently said it will release fiscal Q3 2026 results on July 29, keeping attention focused on a potential catalyst for the shares. Starbucks Announces Q3 Fiscal Year 2026 Results Conference Call
• Neutral Sentiment: Starbucks’ earnings preview suggests investors are waiting for confirmation that traffic, loyalty trends, and the “Back to Starbucks” turnaround plan are still improving. Earnings Preview: What To Expect From Starbucks’ Report
• Neutral Sentiment: Reuters reported that Starbucks defeated a shareholder lawsuit tied to sales declines in the U.S. and China, removing one legal overhang but not changing the core growth debate. Starbucks defeats shareholder lawsuit over US, China sales declines
• Negative Sentiment: Some coverage highlights that opinions on Starbucks remain mixed, reflecting uncertainty about the pace of the turnaround and whether sales momentum can fully reaccelerate. Starbucks vs. McDonald’s: Which Restaurant Stock Has the Edge Now?

Wall Street Analysts Forecast Growth

A number of analysts recently commented on SBUX shares. Citizens Jmp began coverage on Starbucks in a research note on Monday, March 30th. They issued an “underperform” rating and a $84.00 price target for the company. Guggenheim reissued a “neutral” rating and set a $97.00 price objective (up from $95.00) on shares of Starbucks in a research report on Wednesday, April 29th. Piper Sandler restated an “overweight” rating and issued a $110.00 price objective on shares of Starbucks in a report on Wednesday, April 29th. Scotiabank cut shares of Starbucks from a “market perform” rating to an “underperform” rating in a research report on Thursday, May 14th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Starbucks in a research note on Wednesday, April 22nd. Nineteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $109.42.

Starbucks Price Performance

The firm’s 50 day moving average price is $102.56 and its 200-day moving average price is $97.83. The stock has a market cap of $120.23 billion, a P/E ratio of 79.92, a P/E/G ratio of 2.10 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.06. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The company had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same quarter last year, the firm earned $0.41 earnings per share. The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, analysts expect that Starbucks Corporation will post 2.4 earnings per share for the current year.

Starbucks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $0.62 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. Starbucks’s dividend payout ratio (DPR) is presently 187.88%.

Insider Buying and Selling at Starbucks

In related news, EVP Sara Kelly sold 2,000 shares of Starbucks stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $105.00, for a total value of $210,000.00. Following the completion of the sale, the executive vice president directly owned 57,653 shares in the company, valued at approximately $6,053,565. This trade represents a 3.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $104.00, for a total value of $231,816.00. Following the completion of the transaction, the chief executive officer directly owned 77,364 shares of the company’s stock, valued at approximately $8,045,856. This trade represents a 2.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 8,687 shares of company stock valued at $889,033 in the last 90 days. Company insiders own 0.03% of the company’s stock.

Institutional Trading of Starbucks

Institutional investors have recently made changes to their positions in the stock. Regent Peak Wealth Advisors LLC raised its holdings in shares of Starbucks by 20.7% during the second quarter. Regent Peak Wealth Advisors LLC now owns 4,714 shares of the coffee company’s stock valued at $482,000 after purchasing an additional 809 shares during the last quarter. Wedge Capital Management L L P NC bought a new position in Starbucks during the second quarter valued at approximately $239,000. Tema ETFs LLC boosted its holdings in Starbucks by 10.4% in the second quarter. Tema ETFs LLC now owns 20,065 shares of the coffee company’s stock worth $2,050,000 after purchasing an additional 1,885 shares during the last quarter. E. Ohman J or Asset Management AB boosted its holdings in Starbucks by 17.6% in the second quarter. E. Ohman J or Asset Management AB now owns 36,114 shares of the coffee company’s stock worth $3,690,000 after purchasing an additional 5,400 shares during the last quarter. Finally, City Holding Co. grew its position in Starbucks by 3.8% in the 2nd quarter. City Holding Co. now owns 37,461 shares of the coffee company’s stock worth $3,828,000 after purchasing an additional 1,375 shares during the period. Hedge funds and other 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.