Starbucks (NASDAQ:SBUX) Price Target Raised to $117.00

Starbucks (NASDAQ:SBUX) had its price target lifted by Robert W. Baird from $112.00 to $117.00 in a report published on Wednesday morning, MarketBeat.com reports. Robert W. Baird currently has an outperform rating on the coffee company’s stock.

Several other research firms have also recently commented on SBUX. Citizens Jmp began coverage on shares of Starbucks in a research report on Monday, March 30th. They issued an “underperform” rating and a $84.00 price objective on the stock. Wolfe Research began coverage on shares of Starbucks in a research report on Monday, March 9th. They issued a “peer perform” rating on the stock. BTIG Research reaffirmed a “buy” rating and issued a $105.00 price objective on shares of Starbucks in a research report on Thursday, January 29th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $120.00 price objective on shares of Starbucks in a research report on Friday, January 30th. Finally, Jefferies Financial Group raised shares of Starbucks from an “underperform” rating to a “hold” rating in a research report on Tuesday. Sixteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.93.

Starbucks Stock Up 0.5%

Shares of NASDAQ SBUX opened at $105.90 on Wednesday. The company’s fifty day moving average is $96.53 and its 200-day moving average is $90.95. The stock has a market cap of $120.65 billion, a price-to-earnings ratio of 80.23, a P/E/G ratio of 2.15 and a beta of 1.02. Starbucks has a twelve month low of $77.99 and a twelve month high of $107.52.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. The company had revenue of $9.53 billion for the quarter, compared to analysts’ expectations of $9.17 billion. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period last year, the firm posted $0.41 earnings per share. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, research analysts anticipate that Starbucks will post 2.4 EPS for the current fiscal year.

Starbucks Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, May 15th. Starbucks’s payout ratio is presently 187.88%.

Insider Buying and Selling at Starbucks

In other news, EVP Sara Kelly sold 2,000 shares of the business’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total transaction of $210,000.00. Following the transaction, the executive vice president directly owned 57,653 shares in the company, valued at $6,053,565. The trade was a 3.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 588 shares of the business’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $100.00, for a total transaction of $58,800.00. Following the transaction, the chief executive officer owned 83,788 shares in the company, valued at $8,378,800. This represents a 0.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,958 shares of company stock worth $877,464 over the last quarter. Company insiders own 0.03% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Collier Financial acquired a new position in shares of Starbucks during the 3rd quarter worth about $25,000. Rachor Investment Advisory Services LLC acquired a new position in shares of Starbucks during the 4th quarter worth about $25,000. Phillip James Consulting Co. acquired a new position in shares of Starbucks during the 4th quarter worth about $25,000. Cornerstone Financial Management LLC acquired a new position in shares of Starbucks during the 4th quarter worth about $25,000. Finally, Y.D. More Investments Ltd acquired a new position in shares of Starbucks during the 3rd quarter worth about $26,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Q2 beat-and-raise: Starbucks reported stronger-than-expected revenue and EPS and lifted FY26 guidance, with comps recovering — the primary catalyst for the rally. Starbucks Stock Gains as Q2 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: High-profile endorsement: Jim Cramer and other commentators praised the quarter and improving margins, helping investor confidence in a durable turnaround. Jim Cramer Explains Why Improving Margins Will Make Starbucks Stock Cheap
• Positive Sentiment: “Back to Starbucks” investment showing results: the ~$500M program to simplify service, add staff and speed orders is credited with lifting traffic and loyalty engagement. Starbucks Invested $500 Million in a Turnaround and Now Wall Street Is Drinking Up SBUX Stock
• Neutral Sentiment: Execution improvements (shorter lines, faster pours, rewards tweaks) support growth but need sustained roll-out to lift margins meaningfully. Starbucks speeds up wait times with 4-minute lines…
• Neutral Sentiment: Corporate moves (new Nashville hub, footprint/office shifts) are strategic but not material to near-term top-line momentum. Starbucks is heading to Nashville — and it’s part of a bigger fast-food migration south
• Neutral Sentiment: Insider sale disclosed (EVP sold shares under a pre-arranged 10b5-1 plan) — notable but executed under a trading plan, so not an immediate red flag. Sara Kelly Sells 2,000 Shares of Starbucks (NASDAQ:SBUX) Stock
• Negative Sentiment: Margin pressure remains: higher labor and store-investment costs are constraining profit recovery, so the market will watch operating-margin trends closely. Starbucks customers are coming back. Profits haven’t caught up yet.
• Negative Sentiment: Valuation questions after strong run: some analysts warn the stock’s rapid gain may have priced in much of the turnaround, raising downside risk if margins lag. Has Starbucks (SBUX) Run Too Far After Its 32% One Year Share Price Gain?

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.