Starbucks (SBUX) to Post Earnings on Wednesday

Starbucks (NASDAQ:SBUX) is expected to release its Q3 2026 results before the market opens on Wednesday, July 29th. Analysts expect Starbucks to announce earnings of $0.65 per share and revenue of $9.1917 billion for the quarter. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Investors can check the company’s upcoming Q3 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 4:15 PM ET.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. The company had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.Starbucks’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.41 EPS. On average, analysts expect Starbucks to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Starbucks Stock Performance

NASDAQ:SBUX opened at $104.45 on Wednesday. The stock has a 50-day simple moving average of $102.50 and a 200-day simple moving average of $98.20. The stock has a market cap of $119.04 billion, a P/E ratio of 79.13, a P/E/G ratio of 2.09 and a beta of 0.98. Starbucks has a 1 year low of $77.99 and a 1 year high of $109.23.

Starbucks Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s dividend payout ratio (DPR) is 187.88%.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Zacks highlighted that Starbucks raised its fiscal 2026 outlook, citing traffic gains, margin recovery, and cost savings as evidence the turnaround is gaining traction.
• Positive Sentiment: Recent commentary from The Motley Fool said Niccol’s turnaround appears to be “quietly working,” even though profits were cut in half last year, suggesting investors still see meaningful upside if execution continues.
• Positive Sentiment: Health-related news that moderate coffee intake may reduce cardiovascular risk could provide a modest sentiment lift for coffee demand overall.
• Neutral Sentiment: Investors are now focused on Starbucks’ upcoming earnings report on July 29, which will be the next key checkpoint for validating the turnaround.
• Negative Sentiment: Luckin Coffee’s move into New York adds a new competitor in the U.S. coffee market and could pressure Starbucks’ traffic and pricing power, especially in key urban markets.
• Negative Sentiment: Despite progress, Starbucks is still operating from a weaker profit base after earnings were roughly cut in half last year, leaving the valuation more dependent on sustained recovery.

Insider Activity at Starbucks

In other news, EVP Sara Kelly sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total transaction of $210,000.00. Following the transaction, the executive vice president directly owned 57,653 shares in the company, valued at approximately $6,053,565. This trade represents a 3.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction on Monday, July 6th. The shares were sold at an average price of $104.00, for a total transaction of $231,816.00. Following the completion of the transaction, the chief executive officer directly owned 77,364 shares in the company, valued at $8,045,856. The trade was a 2.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 8,687 shares of company stock worth $889,033. 0.03% of the stock is currently owned by corporate insiders.

Institutional Trading of Starbucks

Large investors have recently bought and sold shares of the business. Kelleher Financial Advisors purchased a new position in Starbucks during the 3rd quarter worth $27,000. JPL Wealth Management LLC acquired a new position in Starbucks in the third quarter valued at $27,000. Wealth Watch Advisors INC purchased a new stake in shares of Starbucks in the third quarter valued at about $34,000. Acumen Wealth Advisors LLC purchased a new stake in shares of Starbucks in the fourth quarter valued at about $37,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of Starbucks during the fourth quarter worth about $38,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on SBUX. Scotiabank downgraded Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday, May 14th. TD Cowen upgraded shares of Starbucks from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $106.00 to $120.00 in a research report on Thursday, May 14th. Citigroup restated a “neutral” rating and issued a $108.00 target price (up from $101.00) on shares of Starbucks in a report on Tuesday, July 14th. Tigress Financial initiated coverage on shares of Starbucks in a research report on Wednesday, April 15th. They issued a “buy” rating and a $122.00 target price on the stock. Finally, Piper Sandler reiterated an “overweight” rating and set a $110.00 price target on shares of Starbucks in a research note on Wednesday, April 29th. Nineteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $109.42.

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.