Zacks Research Has Bullish Outlook for Starbucks Q1 Earnings

Starbucks Co. (NASDAQ:SBUX) – Zacks Research raised their Q1 2026 earnings estimates for shares of Starbucks in a report issued on Tuesday, February 18th. Zacks Research analyst H. Ray now forecasts that the coffee company will earn $0.84 per share for the quarter, up from their prior estimate of $0.80. The consensus estimate for Starbucks’ current full-year earnings is $2.99 per share.

A number of other research firms also recently commented on SBUX. BMO Capital Markets increased their target price on shares of Starbucks from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, January 29th. Citigroup increased their target price on shares of Starbucks from $96.00 to $99.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Stifel Nicolaus increased their target price on shares of Starbucks from $110.00 to $114.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Barclays increased their target price on shares of Starbucks from $119.00 to $124.00 and gave the company an “overweight” rating in a research report on Wednesday, January 29th. Finally, TD Cowen reaffirmed a “buy” rating and issued a $110.00 target price on shares of Starbucks in a research report on Monday, November 11th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Starbucks currently has a consensus rating of “Moderate Buy” and an average target price of $105.33.

Starbucks Price Performance

NASDAQ SBUX opened at $113.34 on Friday. The firm’s fifty day moving average price is $99.44 and its 200 day moving average price is $96.89. The company has a market capitalization of $128.74 billion, a price-to-earnings ratio of 36.56, a price-to-earnings-growth ratio of 3.56 and a beta of 1.00. Starbucks has a 12 month low of $71.55 and a 12 month high of $113.50.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data on Tuesday, January 28th. The coffee company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.01. Starbucks had a net margin of 9.73% and a negative return on equity of 44.97%. During the same period in the prior year, the firm posted $0.90 EPS.

Institutional Trading of Starbucks

Hedge funds have recently made changes to their positions in the company. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Starbucks in the fourth quarter valued at about $25,000. Financial Life Planners acquired a new stake in shares of Starbucks in the fourth quarter valued at about $25,000. Graney & King LLC acquired a new stake in shares of Starbucks in the fourth quarter valued at about $26,000. Collier Financial acquired a new stake in shares of Starbucks in the fourth quarter valued at about $27,000. Finally, Runnymede Capital Advisors Inc. acquired a new stake in shares of Starbucks in the fourth quarter valued at about $27,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

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.