Starbucks Corporation (NASDAQ:SBUX) Receives $107.48 Consensus Price Target from Analysts

Shares of Starbucks Corporation (NASDAQ:SBUX) have earned an average recommendation of “Moderate Buy” from the thirty-three ratings firms that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation, twenty have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $107.9286.

Several research firms have issued reports on SBUX. DA Davidson upped their price objective on shares of Starbucks from $97.00 to $102.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. BNP Paribas Exane began coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued an “underperform” rating for the company. Stifel Nicolaus set a $117.00 price objective on shares of Starbucks and gave the company a “buy” rating in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Starbucks in a research note on Wednesday, April 29th. Finally, Citigroup upped their target price on shares of Starbucks from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th.

Insider Transactions at Starbucks

In other news, EVP Sara Kelly sold 2,000 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were 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 of the company’s stock, valued at approximately $6,053,565. This represents a 3.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 1,641 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $94.33, for a total transaction of $154,795.53. Following the completion of the sale, the chief executive officer directly owned 80,181 shares of the company’s stock, valued at $7,563,473.73. The trade was a 2.01% decrease in their ownership of the stock. 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 8,099 shares of company stock valued at $804,907 over the last ninety days. Corporate insiders own 0.03% of the company’s stock.

Institutional Trading of Starbucks

Several hedge funds have recently modified their holdings of the business. Sunbelt Securities Inc. lifted its holdings in shares of Starbucks by 1.0% in the 1st quarter. Sunbelt Securities Inc. now owns 9,473 shares of the coffee company’s stock valued at $849,000 after buying an additional 97 shares during the period. Beta Wealth Group Inc. lifted its holdings in shares of Starbucks by 1.7% in the 1st quarter. Beta Wealth Group Inc. now owns 6,114 shares of the coffee company’s stock valued at $548,000 after buying an additional 103 shares during the period. NWF Advisory Services Inc. lifted its holdings in shares of Starbucks by 2.6% in the 4th quarter. NWF Advisory Services Inc. now owns 4,349 shares of the coffee company’s stock valued at $366,000 after buying an additional 109 shares during the period. Godshalk Welsh Capital Management Inc. lifted its holdings in shares of Starbucks by 0.8% in the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 13,610 shares of the coffee company’s stock valued at $1,219,000 after buying an additional 110 shares during the period. Finally, Aerodigm Wealth LLC lifted its holdings in shares of Starbucks by 2.7% in the 4th quarter. Aerodigm Wealth LLC now owns 4,245 shares of the coffee company’s stock valued at $357,000 after buying an additional 112 shares during the period. 72.29% of the stock is owned by institutional investors and hedge funds.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Reports say Tata Starbucks plans to add as many as 100 stores per year in India, signaling continued international expansion and another avenue for long-term unit growth. Tata Starbucks to add up to 100 stores annually in India – report
• Positive Sentiment: Starbucks is reportedly evaluating sale and IPO options for its Japan operations, which could unlock value, simplify the business, and provide capital for other priorities. Starbucks Evaluates Sale and IPO Options for Japanese Operations (SBUX)
• Positive Sentiment: Investor and trader interest appears to be rising, with unusual call-option activity and multiple “trending stock” articles suggesting renewed bullish attention on SBUX. Is Trending Stock Starbucks Corporation (SBUX) a Buy Now?
• Neutral Sentiment: Several articles are analyst-style commentary asking whether Starbucks is a good buy now; these reinforce attention on the name but do not add new fundamental information. Is Starbucks Corporation (SBUX) A Good Stock To Buy Now?
• Neutral Sentiment: The Bearista cup promotion tied to the World Cup may help merchandise buzz and traffic, but it is a smaller, less material catalyst than the Japan and India expansion news. The Bearista Cup Returns for the World Cup, Starbucks Stock (NASDAQ:SBUX) Gains

Starbucks Price Performance

NASDAQ SBUX opened at $103.04 on Wednesday. Starbucks has a 1 year low of $77.99 and a 1 year high of $108.88. The company has a market capitalization of $117.43 billion, a PE ratio of 78.06, a P/E/G ratio of 2.02 and a beta of 0.98. The company has a fifty day moving average of $100.27 and a two-hundred day moving average of $94.64.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) 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 in the prior year, the firm posted $0.41 earnings per share. Starbucks’s revenue for the quarter was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, research analysts expect that Starbucks will post 2.42 earnings per share for the current year.

Starbucks Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, May 15th. Starbucks’s dividend payout ratio is presently 187.88%.

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.