Citizens Jmp Begins Coverage on Starbucks (NASDAQ:SBUX)

Investment analysts at Citizens Jmp began coverage on shares of Starbucks (NASDAQ:SBUX) in a research report issued to clients and investors on Monday, Marketbeat reports. The brokerage set a “mkt underperform” rating and a $84.00 price target on the coffee company’s stock. Citizens Jmp’s price target would suggest a potential downside of 6.24% from the stock’s current price.

Several other equities analysts have also issued reports on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Starbucks in a report on Monday, December 29th. Dbs Bank raised Starbucks from a “strong sell” rating to a “moderate sell” rating in a report on Friday, March 20th. Wells Fargo & Company set a $110.00 target price on Starbucks in a research report on Wednesday, January 28th. Mizuho raised their price target on Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a research note on Monday, January 26th. Finally, Wolfe Research assumed coverage on Starbucks in a research report on Monday, March 9th. They set a “peer perform” rating on the stock. Fifteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $103.07.

Starbucks Stock Up 3.3%

Shares of Starbucks stock opened at $89.59 on Monday. Starbucks has a 52 week low of $75.50 and a 52 week high of $104.82. The firm’s 50 day moving average is $95.77 and its two-hundred day moving average is $88.89. The firm has a market capitalization of $102.07 billion, a P/E ratio of 74.04, a P/E/G ratio of 1.93 and a beta of 0.93.

Starbucks (NASDAQ:SBUX) last issued 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). The company had revenue of $9.92 billion for the quarter, compared to analysts’ expectations of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, research analysts expect that Starbucks will post 2.99 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Sara Kelly sold 2,500 shares of the business’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $97.12, for a total value of $242,800.00. Following the transaction, the executive vice president owned 59,609 shares in the company, valued at $5,789,226.08. The trade was a 4.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Brady Brewer sold 588 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $100.00, for a total value of $58,800.00. Following the sale, the chief executive officer directly owned 86,017 shares of the company’s stock, valued at approximately $8,601,700. This represents a 0.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,729 shares of company stock valued at $460,974 in the last quarter. Insiders own 0.03% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Transce3nd LLC grew its position in Starbucks by 270.3% in the 2nd quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after buying an additional 200 shares during the last quarter. Collier Financial purchased a new position in Starbucks during the 3rd quarter worth $25,000. Rachor Investment Advisory Services LLC acquired a new stake in shares of Starbucks in the 4th quarter worth $25,000. Phillip James Consulting Co. acquired a new stake in shares of Starbucks in the 4th quarter worth $25,000. Finally, Cornerstone Financial Management LLC purchased a new stake in shares of Starbucks in the fourth quarter valued at about $25,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Investors re‑elected Starbucks’ full board, rejecting a labor‑backed challenge — a win for management continuity and de‑risking near‑term governance uncertainty. Starbucks investors reelect full board, rejecting labor-backed challenge
• Positive Sentiment: CEO and management say the turnaround is showing results in store experience and operational metrics, reinforcing the case that recent initiatives are working. Starbucks Says The Turnaround Is Showing Up
• Positive Sentiment: Shareholders approved governance changes (including simpler majority voting), which reduces shareholder‑action uncertainty and can speed strategic execution. Starbucks Shareholders Approve Governance Changes at 2026 Meeting
• Neutral Sentiment: Analysis warns the turnaround looks real but much of the improvement may already be reflected in the stock, suggesting limited near‑term upside absent stronger execution or earnings beats. Starbucks (SBUX) Turnaround Looks Real, but the Easy Money May Be Gone
• Neutral Sentiment: Macro pressure — notably higher gasoline prices — could reduce drive‑thru visits industry‑wide and blunt traffic growth for locations reliant on drive‑thru channels. High Gas Prices May Prompt Consumers to Reduce Drive-Thru Visits, Research Shows
• Negative Sentiment: Citizens JMP initiated coverage with a “market underperform” rating and an $84 price target, signaling near‑term downside risk versus current levels. Citizens Jmp sets mkt underperform on SBUX

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.