Starbucks Corporation (NASDAQ:SBUX) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Starbucks Corporation (NASDAQ:SBUX) have been given an average recommendation of “Moderate Buy” by the twenty-eight analysts that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, eight have given a hold rating and eighteen have issued a buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $104.3077.

A number of equities research analysts have weighed in on the company. BMO Capital Markets restated an “outperform” rating and set a $120.00 price target on shares of Starbucks in a research report on Friday, January 30th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Starbucks in a report on Monday, January 26th. Mizuho raised their price target on shares of Starbucks from $86.00 to $95.00 and gave the company a “neutral” rating in a research report on Monday, January 26th. New Street Research set a $90.00 price objective on Starbucks in a research report on Tuesday, January 27th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $105.00 target price on shares of Starbucks in a research note on Thursday, January 29th.

Starbucks Price Performance

SBUX stock opened at $98.02 on Monday. The firm has a 50 day simple moving average of $92.43 and a two-hundred day simple moving average of $87.65. The stock has a market cap of $111.67 billion, a PE ratio of 81.01, a P/E/G ratio of 2.19 and a beta of 0.93. Starbucks has a one year low of $75.50 and a one year high of $117.46.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The company had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. During the same period in the prior year, the firm posted $0.69 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, research analysts expect that Starbucks will post 2.99 EPS for the current fiscal year.

Hedge Funds Weigh In On Starbucks

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of Starbucks in the fourth quarter worth approximately $1,232,650,000. Capital Research Global Investors grew its position in Starbucks by 11.4% in the 3rd quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock worth $7,229,968,000 after purchasing an additional 8,774,198 shares during the period. T. Rowe Price Investment Management Inc. grew its position in Starbucks by 65.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock worth $1,637,704,000 after purchasing an additional 7,725,547 shares during the period. Capital World Investors raised its stake in Starbucks by 9.0% during the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock valued at $7,135,228,000 after buying an additional 7,007,268 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in shares of Starbucks by 146.6% during the 2nd quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock valued at $553,201,000 after buying an additional 3,596,014 shares during the period. 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.