Starbucks FY2026 EPS Forecast Decreased by William Blair

Key Points

• William Blair has revised its FY2026 earnings per share (EPS) forecast for Starbucks from $2.87 to $2.50, which is lower than the consensus estimate of $2.99 per share.
• Starbucks stock has experienced a 2.3% decline, trading at $93.70, as the company reported a disappointing earnings result of $0.41 EPS, falling short of the expected $0.51 EPS.
• The company declared a quarterly dividend of $0.61, with a payout ratio of 88.41%, scheduled to be paid out on August 29th.

Starbucks Corporation (NASDAQ:SBUX - Free Report) - Research analysts at William Blair cut their FY2026 earnings per share (EPS) estimates for shares of Starbucks in a research note issued on Tuesday, July 22nd. William Blair analyst S. Zackfia now forecasts that the coffee company will earn $2.50 per share for the year, down from their prior forecast of $2.87. The consensus estimate for Starbucks' current full-year earnings is $2.99 per share.

SBUX has been the subject of a number of other reports. CICC Research began coverage on Starbucks in a report on Monday, June 30th. They issued an "outperform" rating and a $100.00 price target for the company. Jefferies Financial Group downgraded Starbucks from a "hold" rating to an "underperform" rating and set a $76.00 target price for the company. in a research note on Thursday, July 17th. UBS Group reiterated a "neutral" rating on shares of Starbucks in a research report on Monday. Cowen restated a "hold" rating on shares of Starbucks in a research report on Tuesday, June 24th. Finally, Evercore ISI reaffirmed an "outperform" rating and set a $105.00 target price (up previously from $95.00) on shares of Starbucks in a report on Tuesday, June 24th. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $98.58.

Starbucks Trading Down 2.3%

SBUX opened at $93.70 on Friday. The company has a 50 day moving average of $90.87 and a 200 day moving average of $94.63. Starbucks has a 12 month low of $72.72 and a 12 month high of $117.46. The company has a market cap of $106.48 billion, a PE ratio of 33.95, a price-to-earnings-growth ratio of 6.63 and a beta of 1.02.

Starbucks (NASDAQ:SBUX - Get Free Report) last posted its earnings results on Tuesday, April 29th. The coffee company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.10). Starbucks had a negative return on equity of 42.14% and a net margin of 8.61%. The business had revenue of $8.76 billion during the quarter, compared to analysts' expectations of $8.90 billion. During the same quarter in the previous year, the business earned $0.68 EPS. Starbucks's revenue for the quarter was up 2.3% on a year-over-year basis.

Institutional Trading of Starbucks

Several hedge funds and other institutional investors have recently bought and sold shares of SBUX. Apollon Wealth Management LLC boosted its position in Starbucks by 0.9% during the 2nd quarter. Apollon Wealth Management LLC now owns 41,855 shares of the coffee company's stock valued at $3,835,000 after buying an additional 356 shares during the period. Fifth Third Wealth Advisors LLC increased its stake in shares of Starbucks by 6.9% during the second quarter. Fifth Third Wealth Advisors LLC now owns 34,871 shares of the coffee company's stock valued at $3,195,000 after buying an additional 2,263 shares during the period. IRON Financial LLC increased its stake in shares of Starbucks by 9.0% during the second quarter. IRON Financial LLC now owns 3,222 shares of the coffee company's stock valued at $295,000 after buying an additional 265 shares during the period. Conning Inc. raised its holdings in Starbucks by 22.3% in the 2nd quarter. Conning Inc. now owns 386,106 shares of the coffee company's stock worth $35,379,000 after purchasing an additional 70,468 shares in the last quarter. Finally, Aberdeen Group plc lifted its holdings in Starbucks by 5.3% in the second quarter. Aberdeen Group plc now owns 976,998 shares of the coffee company's stock worth $90,143,000 after buying an additional 49,014 shares during the period. Institutional investors own 72.29% of the company's stock.

Starbucks Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be issued a $0.61 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $2.44 annualized dividend and a dividend yield of 2.60%. Starbucks's dividend payout ratio is currently 88.41%.

About Starbucks

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.

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