Starbucks (NASDAQ:SBUX) Updates FY 2026 Earnings Guidance

Starbucks (NASDAQ:SBUX) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 2.150-2.400 for the period, compared to the consensus EPS estimate of 2.340. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on SBUX shares. Susquehanna set a $114.00 target price on shares of Starbucks in a report on Wednesday, January 21st. William Blair upgraded Starbucks from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 22nd. Mizuho upped their target price on shares of Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a research note on Monday. Sanford C. Bernstein reiterated an “outperform” rating on shares of Starbucks in a research note on Monday. Finally, New Street Research set a $90.00 price objective on shares of Starbucks in a research report on Tuesday. Eighteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $103.50.

Starbucks Stock Down 0.6%

NASDAQ SBUX opened at $95.16 on Thursday. The stock has a market capitalization of $108.21 billion, a P/E ratio of 58.02, a P/E/G ratio of 1.94 and a beta of 0.97. The firm has a 50-day moving average price of $87.73 and a 200 day moving average price of $87.12. Starbucks has a 52-week low of $75.50 and a 52-week high of $117.46.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.03). The company had revenue of $9.92 billion for the quarter, compared to analyst estimates of $9.62 billion. Starbucks had a negative return on equity of 31.32% and a net margin of 4.99%.The company’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, equities research analysts expect that Starbucks will post 2.99 earnings per share for the current fiscal year.

Starbucks Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be given a $0.62 dividend. The ex-dividend date is Friday, February 13th. This represents a $2.48 annualized dividend and a dividend yield of 2.6%. Starbucks’s dividend payout ratio is currently 151.22%.

Insider Activity

In other news, Director Jorgen Vig Knudstorp bought 11,700 shares of the stock in a transaction on Monday, November 10th. The stock was purchased at an average cost of $85.00 per share, with a total value of $994,500.00. Following the purchase, the director owned 53,096 shares of the company’s stock, valued at approximately $4,513,160. The trade was a 28.26% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. 0.09% of the stock is owned by corporate insiders.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Q1 top‑line beat and comps rebound — Revenue of $9.92B topped estimates and global comparable‑store sales rose ~4%, including the first U.S. transaction growth in two years, evidence the “Back to Starbucks” initiatives are driving traffic. Starbucks Reports Q1 Fiscal Year 2026 Results
• Positive Sentiment: Digital and operations momentum — Management emphasized digital platforms and technology fixes (mobile order flow, staffing mixes, AI tools) as central to sustaining the turnaround and improving throughput/transactions. This supports revenue durability if execution continues. Starbucks Says Digital Platforms Are Key Piece of Turnaround Strategy
• Positive Sentiment: Investor day as a near‑term catalyst — Starbucks is hosting an investor day to lay out a long‑term outlook and milestones for the turnaround; that presentation could provide fresh guidance or visibility that moves the stock. Starbucks to unveil long-term outlook at investor day, as Niccol says turnaround is just beginning
• Neutral Sentiment: Guidance and valuation nuance — FY‑2026 EPS guide (2.15–2.40) leaves room vs. consensus and analysts are split; some raised targets (e.g., Mizuho), others warn margins could lag while investments run. The range creates more catalyst dependence on execution. Mizuho Boosts Starbucks (NASDAQ:SBUX) Price Target to $95.00
• Negative Sentiment: EPS miss and margin pressure — EPS of $0.56 missed estimates while net margin remains under pressure as the company re‑invests in stores and staffing; investors should watch margin progression vs. revenue gains. Starbucks (SBUX) Misses Q1 Earnings Estimates
• Negative Sentiment: Governance/optics risks — The company removed the $250k cap on CEO Niccol’s personal use of the corporate jet (cited for security) and a shareholder‑law firm launched a probe into director conduct; both create short‑term reputational and potential legal noise. Starbucks removes cap on CEO’s use of company’s private jet, citing security concerns Legal Investigation Launched: Johnson Fistel Scrutinizes Starbucks (SBUX) Directors

Institutional Investors Weigh In On Starbucks

A number of institutional investors have recently bought and sold shares of the stock. Advisory Services Network LLC raised its position in shares of Starbucks by 1.6% in the 3rd quarter. Advisory Services Network LLC now owns 66,580 shares of the coffee company’s stock worth $5,633,000 after buying an additional 1,075 shares during the period. Integrated Investment Consultants LLC increased its stake in Starbucks by 7.9% during the third quarter. Integrated Investment Consultants LLC now owns 3,981 shares of the coffee company’s stock worth $337,000 after acquiring an additional 290 shares during the last quarter. Saratoga Research & Investment Management raised its holdings in shares of Starbucks by 21.8% in the 3rd quarter. Saratoga Research & Investment Management now owns 621,908 shares of the coffee company’s stock worth $52,613,000 after purchasing an additional 111,426 shares during the period. Financial Engines Advisors L.L.C. lifted its stake in shares of Starbucks by 5.3% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 14,368 shares of the coffee company’s stock valued at $1,216,000 after purchasing an additional 717 shares in the last quarter. Finally, Morningstar Investment Management LLC lifted its stake in shares of Starbucks by 636.5% in the 3rd quarter. Morningstar Investment Management LLC now owns 52,469 shares of the coffee company’s stock valued at $4,439,000 after purchasing an additional 45,345 shares in the last quarter. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

About Starbucks

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.