Starbucks (NASDAQ:SBUX) Price Target Raised to $110.00 at DA Davidson

Starbucks (NASDAQ:SBUX) had its price objective upped by investment analysts at DA Davidson from $102.00 to $110.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the coffee company’s stock. DA Davidson’s price target would suggest a potential upside of 3.28% from the stock’s current price.

SBUX has been the topic of several other research reports. Tigress Financial initiated coverage on shares of Starbucks in a research note on Wednesday, April 15th. They set a “buy” rating and a $122.00 price target on the stock. Robert W. Baird set a $124.00 target price on Starbucks in a report on Thursday. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Starbucks in a research report on Thursday. BNP Paribas Exane started coverage on Starbucks in a research report on Thursday, May 14th. They issued an “underperform” rating for the company. Finally, Wells Fargo & Company lifted their price objective on Starbucks from $120.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday. Eighteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Starbucks has a consensus rating of “Moderate Buy” and a consensus price target of $111.65.

Starbucks Trading Up 2.3%

NASDAQ:SBUX traded up $2.37 during trading hours on Thursday, reaching $106.51. 7,846,519 shares of the company traded hands, compared to its average volume of 8,244,769. The business’s 50-day moving average price is $102.15 and its two-hundred day moving average price is $98.92. Starbucks has a 1 year low of $77.99 and a 1 year high of $109.23. The stock has a market capitalization of $121.39 billion, a P/E ratio of 80.06, a P/E/G ratio of 2.05 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last released its earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The firm had revenue of $9.32 billion for the quarter, compared to analysts’ expectations of $9.17 billion. During the same period in the prior year, the firm posted $0.50 earnings per share. The company’s quarterly revenue was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, equities analysts anticipate that Starbucks will post 2.41 EPS for the current year.

Insider Activity

In other news, CEO Brady Brewer sold 2,229 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $104.00, for a total transaction of $231,816.00. Following the completion of the transaction, the chief executive officer directly owned 77,364 shares in the company, valued at approximately $8,045,856. This represents a 2.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 6,687 shares of company stock worth $679,033. 0.03% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Starbucks

Several institutional investors have recently bought and sold shares of SBUX. Rachor Investment Advisory Services LLC bought a new stake in shares of Starbucks in the 4th quarter worth about $25,000. Cornerstone Financial Management LLC purchased a new stake in Starbucks during the fourth quarter valued at approximately $25,000. Phillip James Consulting Co. bought a new stake in shares of Starbucks in the 4th quarter valued at approximately $25,000. Entrust Financial LLC purchased a new position in shares of Starbucks in the 4th quarter worth approximately $26,000. Finally, Tucker Asset Management LLC purchased a new stake in Starbucks during the 4th quarter valued at $27,000. Institutional investors own 72.29% of the company’s stock.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Strong comparable-store sales: Global comparable sales rose 7.9%, exceeding the approximately 5.7% increase expected by Wall Street. Comparable transactions increased 4.2%, indicating that customer traffic—not just higher prices—was a key growth driver. Starbucks Reports Q3 Fiscal Year 2026 Results
• Positive Sentiment: Earnings and revenue beat estimates: Adjusted earnings were $0.85 per share versus the $0.66 consensus, while revenue of $9.32 billion topped forecasts of roughly $9.17 billion. GAAP EPS reportedly rose 86% year over year to $0.91. Starbucks beats quarterly sales estimates
• Positive Sentiment: Guidance raised: Starbucks lifted fiscal 2026 adjusted EPS guidance to $2.55–$2.65 from $2.25–$2.45, above the roughly $2.39 analyst consensus. It also expects full-year global comparable sales growth of about 6%. Starbucks raised full-year profit guidance
• Positive Sentiment: Analyst support: Wells Fargo raised its price target to $125, Morgan Stanley to $115, and UBS and Citigroup to $112. TD Cowen reaffirmed a Buy rating with a $120 target, citing strong North American performance.
• Neutral Sentiment: Execution remains a focus: Management is working to improve food availability after investing in café labor and scheduling systems to reduce wait times. Starbucks’ Next Challenge
• Negative Sentiment: Valuation and risks: After a substantial year-to-date advance, some analysts view the shares as fairly valued or expensive, with Starbucks trading at a high earnings multiple. Revenue still declined 1.4% year over year, partly reflecting the China joint-venture transition, and recent insider activity has consisted of sales rather than purchases.

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.