Starbucks (NASDAQ:SBUX) Now Covered by Citizens Jmp

Research analysts at Citizens Jmp assumed coverage on shares of Starbucks (NASDAQ:SBUX) in a research report issued on Monday. The firm set a “mkt underperform” rating and a $84.00 price target on the coffee company’s stock. Citizens Jmp’s price objective suggests a potential downside of 3.24% from the company’s previous close.

SBUX has been the subject of a number of other reports. Evercore restated an “outperform” rating on shares of Starbucks in a research report on Wednesday, January 28th. BTIG Research reiterated a “buy” rating and issued a $105.00 target price on shares of Starbucks in a report on Thursday, January 29th. BMO Capital Markets reissued an “outperform” rating and set a $120.00 target price on shares of Starbucks in a research report on Friday, January 30th. Piper Sandler restated an “overweight” rating and set a $103.00 price target (up from $100.00) on shares of Starbucks in a report on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $113.00 price target on shares of Starbucks in a research report on Thursday, January 29th. Fifteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $103.07.

Starbucks Stock Performance

Shares of NASDAQ:SBUX opened at $86.81 on Monday. Starbucks has a 52 week low of $75.50 and a 52 week high of $104.82. The firm has a market cap of $98.90 billion, a PE ratio of 71.74, a price-to-earnings-growth ratio of 1.93 and a beta of 0.93. The firm’s fifty day moving average is $95.98 and its 200-day moving average is $88.80.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). The company had revenue of $9.92 billion during the quarter, compared to analyst estimates of $9.62 billion. Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Sell-side analysts forecast that Starbucks will post 2.99 EPS for the current year.

Insider Buying and Selling

In other news, EVP Sara Kelly sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction of $242,800.00. Following the completion of the sale, the executive vice president owned 59,609 shares of the company’s stock, valued at $5,789,226.08. This trade represents a 4.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Brady Brewer sold 1,641 shares of Starbucks stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction of $159,373.92. Following the completion of the sale, the chief executive officer owned 86,605 shares of the company’s stock, valued at $8,411,077.60. This represents a 1.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,729 shares of company stock worth $460,974 over the last 90 days. Company insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On Starbucks

Several institutional investors have recently made changes to their positions in the stock. Transce3nd LLC grew its stake in shares of Starbucks by 270.3% in the 2nd quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after buying an additional 200 shares during the period. Collier Financial acquired a new position in Starbucks during the 3rd quarter worth approximately $25,000. Rachor Investment Advisory Services LLC bought a new position in Starbucks in the fourth quarter worth approximately $25,000. Cornerstone Financial Management LLC acquired a new stake in Starbucks in the fourth quarter valued at approximately $25,000. Finally, Phillip James Consulting Co. acquired a new stake in Starbucks in the fourth quarter valued at approximately $25,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

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.