Starbucks Corporation (NASDAQ:SBUX) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Starbucks Corporation (NASDAQ:SBUX) has earned an average rating of “Moderate Buy” from the twenty-eight analysts that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and eighteen have given a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $104.6667.

Several research analysts have commented on SBUX shares. Zacks Research raised Starbucks from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. BTIG Research restated a “buy” rating and issued a $105.00 price target on shares of Starbucks in a research report on Thursday, January 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $105.00 price target on shares of Starbucks in a research note on Thursday, January 29th. Wall Street Zen upgraded shares of Starbucks from a “sell” rating to a “hold” rating in a research note on Saturday, November 22nd. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Starbucks in a research report on Monday, December 29th.

Starbucks Price Performance

Shares of NASDAQ SBUX opened at $98.98 on Thursday. The company has a market capitalization of $112.77 billion, a price-to-earnings ratio of 81.80, a PEG ratio of 2.22 and a beta of 0.96. Starbucks has a 1-year low of $75.50 and a 1-year high of $117.46. The business has a 50-day moving average of $89.32 and a 200-day moving average of $87.16.

Starbucks (NASDAQ:SBUX) last released 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). Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The firm had revenue of $9.92 billion during the quarter, compared to analyst estimates of $9.62 billion. During the same period last year, the business earned $0.69 EPS. The firm’s revenue was up 5.5% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Research analysts expect that Starbucks will post 2.99 EPS for the current fiscal year.

Hedge Funds Weigh In On Starbucks

Large investors have recently added to or reduced their stakes in the business. Game Plan Financial Advisors LLC purchased a new stake in shares of Starbucks during the second quarter valued at $25,000. Transce3nd LLC raised its holdings in shares of Starbucks by 270.3% during the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after purchasing an additional 200 shares during the last quarter. Collier Financial acquired a new position in shares of Starbucks in the third quarter worth about $25,000. Rachor Investment Advisory Services LLC acquired a new stake in Starbucks in the 4th quarter worth about $25,000. Finally, Y.D. More Investments Ltd acquired a new stake in Starbucks in the 3rd quarter valued at about $26,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

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.