What is William Blair's Forecast for Starbucks Q2 Earnings?

Key Points

• Analysts from William Blair predict Starbucks will report Q2 2026 earnings per share (EPS) of $0.33, with a consensus estimate for full-year earnings at $2.99 per share.
• Starbucks plans to increase its quarterly dividend from $0.61 to $0.62 per share, representing an annualized yield of 2.9%.
• Current institutional ownership of Starbucks is at 72.29%, reflecting recent activity from hedge funds adjusting their positions in the company.

Starbucks Corporation (NASDAQ:SBUX - Free Report) - Stock analysts at William Blair issued their Q2 2026 earnings per share (EPS) estimates for shares of Starbucks in a research note issued on Monday, October 20th. William Blair analyst S. Zackfia anticipates that the coffee company will post earnings per share of $0.33 for the quarter. The consensus estimate for Starbucks' current full-year earnings is $2.99 per share. William Blair also issued estimates for Starbucks' Q3 2026 earnings at $0.57 EPS.

Starbucks (NASDAQ:SBUX - Get Free Report) last issued its earnings results on Tuesday, July 29th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.64 by ($0.14). Starbucks had a negative return on equity of 36.23% and a net margin of 7.18%.The firm had revenue of $9.46 billion during the quarter, compared to the consensus estimate of $9.29 billion. During the same quarter in the prior year, the business earned $0.93 earnings per share. Starbucks's revenue for the quarter was up 3.8% on a year-over-year basis.

Other equities analysts have also recently issued reports about the company. Cowen reiterated a "hold" rating on shares of Starbucks in a report on Tuesday, June 24th. Bank of America increased their target price on Starbucks from $101.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, July 18th. BTIG Research set a $105.00 price objective on Starbucks in a research note on Thursday, September 25th. Guggenheim raised their price objective on Starbucks from $79.00 to $90.00 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Finally, Barclays raised their price objective on Starbucks from $106.00 to $115.00 and gave the company an "overweight" rating in a research note on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $102.60.

Starbucks Stock Up 1.6%

Shares of SBUX opened at $85.90 on Wednesday. Starbucks has a 12-month low of $75.50 and a 12-month high of $117.46. The business's fifty day moving average is $85.42 and its 200 day moving average is $87.40. The stock has a market cap of $97.64 billion, a P/E ratio of 37.03, a P/E/G ratio of 4.24 and a beta of 1.01.

Starbucks Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be paid a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, November 14th. This is a positive change from Starbucks's previous quarterly dividend of $0.61. Starbucks's dividend payout ratio (DPR) is presently 105.17%.

Institutional Investors Weigh In On Starbucks

Hedge funds have recently made changes to their positions in the business. Game Plan Financial Advisors LLC bought a new stake in shares of Starbucks during the 2nd quarter worth $25,000. Hughes Financial Services LLC bought a new stake in shares of Starbucks during the 1st quarter worth $27,000. Transce3nd LLC raised its stake in shares of Starbucks by 270.3% during the 2nd quarter. Transce3nd LLC now owns 274 shares of the coffee company's stock worth $25,000 after purchasing an additional 200 shares during the period. Chelsea Counsel Co. bought a new stake in shares of Starbucks during the 2nd quarter worth $26,000. Finally, CBIZ Investment Advisory Services LLC raised its stake in shares of Starbucks by 125.2% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 286 shares of the coffee company's stock worth $28,000 after purchasing an additional 159 shares during the period. 72.29% of the stock is currently owned by institutional investors.

Starbucks Company Profile

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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