Stifel Nicolaus Issues Positive Forecast for Starbucks (NASDAQ:SBUX) Stock Price

Starbucks (NASDAQ:SBUX) had its price target upped by equities research analysts at Stifel Nicolaus from $105.00 to $115.00 in a note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the coffee company’s stock. Stifel Nicolaus’ price objective suggests a potential upside of 16.22% from the company’s current price.

Other research analysts also recently issued research reports about the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Starbucks in a research report on Monday, December 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $113.00 target price on shares of Starbucks in a research report on Thursday, January 29th. Royal Bank Of Canada downgraded shares of Starbucks from an “outperform” rating to a “sector perform” rating and set a $105.00 target price on the stock. in a research report on Tuesday, March 17th. Mizuho boosted their target price 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. Finally, BNP Paribas Exane upgraded shares of Starbucks to a “strong sell” rating in a research report on Monday, March 30th. Sixteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Starbucks has an average rating of “Moderate Buy” and a consensus price target of $104.93.

Starbucks Trading Down 1.1%

Shares of Starbucks stock opened at $98.95 on Tuesday. The firm has a market capitalization of $112.73 billion, a PE ratio of 81.78, a price-to-earnings-growth ratio of 2.26 and a beta of 0.95. The firm’s 50 day moving average is $95.86 and its 200 day moving average is $90.02. Starbucks has a 1 year low of $75.50 and a 1 year high of $104.82.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.03). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The company had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. During the same period last year, the firm posted $0.69 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, research analysts anticipate that Starbucks will post 2.31 earnings per share for the current year.

Insider Buying and Selling at Starbucks

In other Starbucks news, CEO Brady Brewer sold 1,641 shares of the company’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction of $159,373.92. Following the transaction, the chief executive officer owned 86,605 shares in the company, valued at approximately $8,411,077.60. This represents a 1.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Sara Kelly sold 2,500 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $242,800.00. Following the transaction, the executive vice president owned 59,609 shares in the company, valued at approximately $5,789,226.08. The trade was a 4.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 6,370 shares of company stock worth $608,664. Corporate insiders own 0.03% of the company’s stock.

Institutional Trading of Starbucks

Several institutional investors and hedge funds have recently made changes to their positions in the company. Davidson Trust Co. raised its holdings in shares of Starbucks by 4.1% in the first quarter. Davidson Trust Co. now owns 4,354 shares of the coffee company’s stock valued at $390,000 after purchasing an additional 172 shares during the last quarter. Louisiana State Employees Retirement System purchased a new stake in shares of Starbucks in the first quarter valued at about $11,907,000. Silver Oak Securities Incorporated raised its holdings in shares of Starbucks by 43.5% in the first quarter. Silver Oak Securities Incorporated now owns 7,556 shares of the coffee company’s stock valued at $677,000 after purchasing an additional 2,291 shares during the last quarter. Fiduciary Alliance LLC raised its holdings in shares of Starbucks by 300.0% in the first quarter. Fiduciary Alliance LLC now owns 9,669 shares of the coffee company’s stock valued at $951,000 after purchasing an additional 7,252 shares during the last quarter. Finally, Kestra Private Wealth Services LLC raised its holdings in shares of Starbucks by 8.3% in the first quarter. Kestra Private Wealth Services LLC now owns 100,442 shares of the coffee company’s stock valued at $8,999,000 after purchasing an additional 7,697 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

About Starbucks

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.