Research Analysts’ Recent Ratings Changes for Starbucks (SBUX)

A number of research firms have changed their ratings and price targets for Starbucks (NASDAQ: SBUX):

• 10/21/2026 – Starbucks had its price target lowered by Wells Fargo & Company from $125.00 to $120.00. They now have an “overweight” rating on the stock.
• 10/20/2026 – Starbucks had its “neutral” rating reaffirmed by Citigroup Inc.. They now have a $104.00 price target on the stock, down from $112.00.
• 10/16/2026 – Starbucks was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 10/9/2026 – Starbucks had its “outperform” rating reaffirmed by Raymond James Financial, Inc..
• 10/9/2026 – Starbucks had its “neutral” rating reaffirmed by DA Davidson. They now have a $110.00 price target on the stock.
• 10/8/2026 – Starbucks had its “outperform” rating reaffirmed by William Blair.
• 10/8/2026 – Starbucks had its “buy” rating reaffirmed by BTIG Research.
• 10/8/2026 – Starbucks had its “neutral” rating reaffirmed by UBS Group AG. They now have a $105.00 price target on the stock, down from $112.00.
• 10/2/2026 – Starbucks had its price target lowered by Robert W. Baird from $124.00 to $115.00. They now have an “outperform” rating on the stock.
• 9/30/2026 – Starbucks had its price target raised by Rothschild & Co Redburn from $81.00 to $82.00. They now have a “sell” rating on the stock.
• 9/29/2026 – Starbucks had its price target lowered by JPMorgan Chase & Co. from $112.00 to $105.00. They now have an “overweight” rating on the stock.
• 9/21/2026 – Starbucks had its “buy” rating reaffirmed by TD Cowen.
• 9/16/2026 – Starbucks is now covered by Seaport Research Partners. They set a “neutral” rating on the stock.
• 8/24/2026 – Starbucks was upgraded by Robert W. Baird to “strong-buy”.

Starbucks Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.6%. This is a positive change from Starbucks’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Friday, November 13th. Starbucks’s dividend payout ratio is presently 144.83%.

Insider Activity at Starbucks

In related news, CEO Brady Brewer sold 1,641 shares of the company’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $94.76, for a total value of $155,501.16. Following the sale, the chief executive officer owned 71,508 shares in the company, valued at $6,776,098.08. This represents a 2.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,099 shares of company stock worth $627,135 over the last three months. Insiders own 0.03% of the company’s stock.

Starbucks Corporation is a global specialty coffee company headquartered in Seattle, Washington. Founded in 1971, the company operates and licenses coffeehouses under the Starbucks brand, serving brewed coffee, espresso beverages, teas, cold drinks, food, and other ready-to-consume products.

In addition to its company-operated and licensed stores, Starbucks sells packaged coffee, tea, and single-serve products through grocery retailers, convenience stores, and other distribution channels.