Q2 2026 EPS Estimates for Starbucks Co. (NASDAQ:SBUX) Cut by Analyst

Starbucks Co. (NASDAQ:SBUX) – Equities researchers at Zacks Research lowered their Q2 2026 earnings per share (EPS) estimates for shares of Starbucks in a research report issued on Monday, October 14th. Zacks Research analyst H. Ray now anticipates that the coffee company will earn $0.90 per share for the quarter, down from their prior forecast of $0.96. The consensus estimate for Starbucks’ current full-year earnings is $3.55 per share. Zacks Research also issued estimates for Starbucks’ Q3 2026 earnings at $1.13 EPS, Q4 2026 earnings at $1.23 EPS and FY2026 earnings at $4.31 EPS.

SBUX has been the subject of several other reports. Stifel Nicolaus upgraded Starbucks from a “hold” rating to a “buy” rating and lifted their price target for the company from $80.00 to $110.00 in a research report on Wednesday, August 14th. Oppenheimer reaffirmed a “market perform” rating on shares of Starbucks in a research note on Monday, August 26th. Baird R W raised Starbucks from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 13th. Morgan Stanley reaffirmed an “overweight” rating and issued a $98.00 target price on shares of Starbucks in a research note on Wednesday, July 31st. Finally, Robert W. Baird upgraded Starbucks from a “neutral” rating to an “outperform” rating and raised their target price for the company from $81.00 to $110.00 in a report on Tuesday, August 13th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Starbucks presently has a consensus rating of “Moderate Buy” and an average target price of $101.16.

Starbucks Stock Down 0.8 %

Shares of NASDAQ:SBUX opened at $94.76 on Tuesday. Starbucks has a 52-week low of $71.55 and a 52-week high of $107.66. The business has a 50-day moving average price of $93.28 and a 200-day moving average price of $84.52. The stock has a market cap of $107.33 billion, a price-to-earnings ratio of 26.10, a PEG ratio of 2.06 and a beta of 0.97.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings results on Tuesday, July 30th. The coffee company reported $0.93 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.93. The business had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.25 billion. Starbucks had a net margin of 11.16% and a negative return on equity of 49.38%. Starbucks’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.00 EPS.

Insider Activity at Starbucks

In other Starbucks news, CEO Michael Aaron Conway sold 3,250 shares of the company’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $94.03, for a total transaction of $305,597.50. Following the completion of the sale, the chief executive officer now directly owns 75,054 shares in the company, valued at $7,057,327.62. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CEO Rachel Ruggeri sold 3,290 shares of the stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $91.16, for a total value of $299,916.40. Following the completion of the sale, the chief executive officer now owns 62,502 shares in the company, valued at approximately $5,697,682.32. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael Aaron Conway sold 3,250 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $94.03, for a total value of $305,597.50. Following the completion of the sale, the chief executive officer now owns 75,054 shares of the company’s stock, valued at approximately $7,057,327.62. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.98% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of SBUX. Cox Capital Mgt LLC lifted its holdings in Starbucks by 41.9% during the 1st quarter. Cox Capital Mgt LLC now owns 45,322 shares of the coffee company’s stock worth $4,142,000 after buying an additional 13,372 shares during the last quarter. Fidelis Capital Partners LLC raised its position in shares of Starbucks by 18.7% during the 1st quarter. Fidelis Capital Partners LLC now owns 11,116 shares of the coffee company’s stock worth $1,016,000 after purchasing an additional 1,751 shares during the period. AMI Asset Management Corp raised its position in shares of Starbucks by 2.8% during the 1st quarter. AMI Asset Management Corp now owns 365,292 shares of the coffee company’s stock worth $33,384,000 after purchasing an additional 10,092 shares during the period. LRI Investments LLC acquired a new stake in shares of Starbucks during the 1st quarter worth approximately $136,000. Finally, BNP Paribas acquired a new stake in shares of Starbucks during the 1st quarter worth approximately $9,332,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

About Starbucks

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.