FY2026 EPS Estimates for Starbucks Boosted by William Blair

Starbucks Corporation (NASDAQ:SBUX) – Investment analysts at William Blair raised their FY2026 earnings per share estimates for shares of Starbucks in a research note issued to investors on Tuesday, August 19th. William Blair analyst S. Zackfia now anticipates that the coffee company will post earnings of $2.37 per share for the year, up from their previous estimate of $2.36. The consensus estimate for Starbucks’ current full-year earnings is $2.99 per share.

Several other analysts have also issued reports on SBUX. CICC Research initiated coverage on shares of Starbucks in a report on Monday, June 30th. They issued an “outperform” rating and a $100.00 price objective on the stock. TD Cowen increased their price objective on Starbucks from $90.00 to $95.00 and gave the company a “hold” rating in a research note on Wednesday, July 30th. Bank of America increased their target price on Starbucks from $101.00 to $110.00 and gave the company a “buy” rating in a report on Friday, July 18th. Barclays increased their target price on Starbucks from $106.00 to $115.00 and gave the company an “overweight” rating in a report on Wednesday, July 30th. Finally, Wall Street Zen lowered Starbucks from a “hold” rating to a “sell” rating in a report on Thursday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Starbucks has a consensus rating of “Moderate Buy” and an average price target of $104.40.

Starbucks Price Performance

Shares of Starbucks stock opened at $88.38 on Friday. The stock has a market cap of $100.46 billion, a P/E ratio of 38.09, a P/E/G ratio of 5.26 and a beta of 1.02. The stock’s 50 day simple moving average is $92.49 and its 200-day simple moving average is $93.54. Starbucks has a 1-year low of $75.50 and a 1-year high of $117.46.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Tuesday, July 29th. The coffee company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.14). The company had revenue of $9.46 billion for the quarter, compared to analyst estimates of $9.29 billion. Starbucks had a negative return on equity of 36.23% and a net margin of 7.18%.The company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.93 earnings per share.

Hedge Funds Weigh In On Starbucks

A number of hedge funds have recently made changes to their positions in the stock. TrinityPoint Wealth LLC boosted its holdings in shares of Starbucks by 2.7% in the 4th quarter. TrinityPoint Wealth LLC now owns 3,421 shares of the coffee company’s stock valued at $312,000 after purchasing an additional 89 shares during the last quarter. Mendel Capital Management LLC increased its stake in Starbucks by 1.8% during the 4th quarter. Mendel Capital Management LLC now owns 5,721 shares of the coffee company’s stock worth $522,000 after buying an additional 101 shares during the period. Alliance Wealth Advisors LLC increased its stake in Starbucks by 2.1% during the 2nd quarter. Alliance Wealth Advisors LLC now owns 5,170 shares of the coffee company’s stock worth $474,000 after buying an additional 108 shares during the period. Cooper Haims Advisors LLC increased its position in shares of Starbucks by 3.0% in the 2nd quarter. Cooper Haims Advisors LLC now owns 3,749 shares of the coffee company’s stock worth $344,000 after purchasing an additional 110 shares during the last quarter. Finally, Brown Lisle Cummings Inc. increased its position in shares of Starbucks by 1.4% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 8,293 shares of the coffee company’s stock worth $760,000 after purchasing an additional 117 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Starbucks Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be given a dividend of $0.61 per share. The ex-dividend date is Friday, August 15th. This represents a $2.44 dividend on an annualized basis and a yield of 2.8%. Starbucks’s dividend payout ratio (DPR) is 105.17%.

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.