Zacks Research Has Negative Outlook of Starbucks Q2 Earnings

Starbucks Co. (NASDAQ:SBUX) – Research analysts at Zacks Research lowered their Q2 2025 earnings per share estimates for Starbucks in a research note issued to investors on Tuesday, February 18th. Zacks Research analyst H. Ray now expects that the coffee company will post earnings per share of $0.53 for the quarter, down from their previous estimate of $0.61. The consensus estimate for Starbucks’ current full-year earnings is $2.99 per share. Zacks Research also issued estimates for Starbucks’ Q3 2025 earnings at $0.87 EPS, Q4 2025 earnings at $0.88 EPS, FY2025 earnings at $2.97 EPS, Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $0.93 EPS, Q4 2026 earnings at $1.06 EPS, FY2026 earnings at $3.50 EPS and FY2027 earnings at $4.37 EPS.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings data on Tuesday, January 28th. The coffee company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.01. Starbucks had a negative return on equity of 44.97% and a net margin of 9.73%. During the same quarter in the previous year, the business earned $0.90 EPS.

Other equities research analysts have also recently issued research reports about the company. Redburn Atlantic restated a “sell” rating and set a $77.00 price objective (down previously from $84.00) on shares of Starbucks in a report on Wednesday, November 13th. Wells Fargo & Company raised their price objective on Starbucks from $110.00 to $115.00 and gave the stock an “overweight” rating in a report on Tuesday, November 26th. Wedbush lifted their target price on Starbucks from $95.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. BMO Capital Markets boosted their price target on Starbucks from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, January 29th. Finally, TD Cowen reissued a “buy” rating and set a $110.00 price target on shares of Starbucks in a research report on Monday, November 11th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $105.33.

Starbucks Stock Down 1.4 %

SBUX stock opened at $111.75 on Thursday. Starbucks has a 52-week low of $71.55 and a 52-week high of $114.68. The stock’s fifty day simple moving average is $99.72 and its 200-day simple moving average is $97.15. The stock has a market capitalization of $126.94 billion, a price-to-earnings ratio of 36.05, a price-to-earnings-growth ratio of 3.56 and a beta of 1.00.

Hedge Funds Weigh In On Starbucks

Several institutional investors have recently made changes to their positions in the stock. Putney Financial Group LLC bought a new position in Starbucks in the 4th quarter worth approximately $67,000. Perennial Advisors LLC bought a new position in Starbucks in the 4th quarter worth approximately $4,678,000. Mackenzie Financial Corp grew its holdings in Starbucks by 153.4% in the 4th quarter. Mackenzie Financial Corp now owns 252,850 shares of the coffee company’s stock worth $23,073,000 after buying an additional 153,078 shares in the last quarter. Forum Financial Management LP grew its holdings in Starbucks by 155.4% in the 4th quarter. Forum Financial Management LP now owns 18,139 shares of the coffee company’s stock worth $1,655,000 after buying an additional 11,038 shares in the last quarter. Finally, Ball & Co Wealth Management Inc. bought a new position in Starbucks in the 4th quarter worth approximately $41,000. 72.29% of the stock is owned by institutional investors.

About Starbucks

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.