Starbucks (SBUX) Expected to Release Earnings on Thursday

Key Points

• Starbucks is expected to report Q4 2026 results after Thursday’s close, October 29. Analysts forecast earnings of $0.718 per share and revenue of $9.23 billion, compared with the company’s fiscal 2026 EPS guidance of $2.55–$2.65.
• The company exceeded estimates in its prior quarter, reporting $0.85 EPS and $9.32 billion in revenue, although revenue declined 1.4% year over year. Investors will focus on whether the “Back to Starbucks” turnaround can sustain U.S. sales momentum and support the fiscal 2027 outlook.
• Starbucks raised its quarterly dividend to $0.63 per share, equivalent to a 2.5% annualized yield, while analysts maintain a “Moderate Buy” consensus and an average price target of $110.43. However, the stock’s elevated valuation leaves it vulnerable if sales recovery or margins disappoint.

Starbucks (NASDAQ:SBUX - Get Free Report) is expected to issue its Q4 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to post earnings of $0.7180 per share and revenue of $9.23 billion for the quarter. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Investors may visit the company's upcoming Q4 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 4:15 PM ET.

Starbucks (NASDAQ:SBUX - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%. The business had revenue of $9.32 billion during the quarter, compared to analysts' expectations of $9.17 billion. During the same quarter in the previous year, the business posted $0.50 EPS. The firm's quarterly revenue was down 1.4% compared to the same quarter last year. On average, analysts expect Starbucks to post $2.60 EPS for the current fiscal year and $3.16 EPS for the next fiscal year.

Starbucks Stock Performance

NASDAQ:SBUX opened at $99.08 on Thursday. The stock's 50 day moving average price is $99.71 and its 200 day moving average price is $101.30. Starbucks has a 52 week low of $77.99 and a 52 week high of $110.51. The company has a market capitalization of $112.95 billion, a P/E ratio of 40.89, a P/E/G ratio of 1.43 and a beta of 0.98.

Starbucks Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Friday, November 13th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 2.5%. This is a boost from Starbucks's previous quarterly dividend of $0.62. The ex-dividend date is Friday, November 13th. Starbucks's dividend payout ratio is presently 142.53%.

Insider Transactions at Starbucks

In other Starbucks news, CEO Brady Brewer sold 1,641 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $94.76, for a total transaction of $155,501.16. Following the transaction, the chief executive officer owned 71,508 shares in the company, valued at $6,776,098.08. This trade represents a 2.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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. 0.03% of the stock is owned by corporate insiders.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analysts expect a quarterly beat: UBS projects North American comparable-store sales growth of 7.5% and EPS of $0.77–$0.82, above consensus estimates of 6.7% and $0.72. Investors are watching whether the “Back to Starbucks” turnaround can sustain recent U.S. momentum. Starbucks expected to build on US sales momentum as investors eye 2027 outlook
• Positive Sentiment: Cost savings and technology investments could support margins: Starbucks plans a fiscal 2027 technology overhaul focused on store efficiency and labor productivity while advancing its $2 billion cost-savings program. The initiatives could improve profitability if implemented successfully. Starbucks Eyes FY27 Tech Overhaul
• Positive Sentiment: Shareholder returns remain supportive: Starbucks recently raised its quarterly dividend to $0.63 per share, adding to the investment case as management pursues its turnaround and cost-reduction plans. Learn Why the Bull Case for Starbucks Could Change Following Fourth Quarter Results
• Neutral Sentiment: Wells Fargo lowered its price target: The firm reduced its target from $125 to $120 but maintained an “overweight” rating, implying continued confidence in the long-term recovery despite more cautious valuation assumptions. Wells Fargo lowers Starbucks price target
• Neutral Sentiment: Chipotle takeover speculation is fading: Reports that Starbucks explored acquiring Chipotle have been denied or appear unlikely to proceed. Removing the prospect of a potentially complex deal reduces near-term execution and financial risks, but also eliminates a possible growth catalyst. Can Chipotle Win for Long-Term Investors Without Starbucks?
• Negative Sentiment: Sales-slowdown and valuation risks remain: Commentary highlights that Starbucks must prove its sales recovery is durable as promotional and turnaround benefits fade. With a relatively high earnings multiple, any weaker-than-expected fourth-quarter results or fiscal 2027 outlook could pressure the stock. Could Starbucks Stock Survive a Sales Slowdown?

Analyst Ratings Changes

Several analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $126.00 target price (up from $120.00) on shares of Starbucks in a research report on Thursday, July 30th. Needham & Company LLC set a $120.00 price target on shares of Starbucks in a research note on Tuesday, August 18th. BTIG Research restated a "buy" rating on shares of Starbucks in a report on Thursday, October 8th. BMO Capital Markets restated an "outperform" rating and set a $130.00 price target (up from $120.00) on shares of Starbucks in a report on Thursday, July 30th. Finally, Mizuho lifted their price objective on shares of Starbucks from $110.00 to $115.00 and gave the company a "neutral" rating in a research note on Thursday, July 30th. Twenty-four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $110.43.

Starbucks Company Profile

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.

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