Starbucks (SBUX) Stock Forecast, Price & News

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Starbucks in the last year. There are currently 12 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SBUX shares.
View SBUX analyst ratings or view top-rated stocks.

24 brokerages have issued 12-month price objectives for Starbucks' shares. Their SBUX share price forecasts range from $87.00 to $136.00. On average, they expect the company's stock price to reach $110.31 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price.
View analysts price targets for SBUX or view top-rated stocks among Wall Street analysts.

Starbucks' stock was trading at $99.20 at the beginning of 2023. Since then, SBUX shares have increased by 0.3% and is now trading at $99.50.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our SBUX earnings forecast.

Starbucks Co. (NASDAQ:SBUX) issued its quarterly earnings data on Tuesday, May, 2nd. The coffee company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.10. The coffee company had revenue of $8.72 billion for the quarter, compared to analysts' expectations of $8.43 billion. Starbucks had a net margin of 10.46% and a negative trailing twelve-month return on equity of 41.99%. Starbucks's revenue for the quarter was up 14.2% on a year-over-year basis. During the same period last year, the business posted $0.59 EPS.
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Starbucks announced a quarterly dividend on Monday, April 3rd. Shareholders of record on Friday, May 12th will be paid a dividend of $0.53 per share on Friday, May 26th. This represents a $2.12 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend is Thursday, May 11th.
Read our dividend analysis for SBUX.

ETFs with the largest weight of Starbucks (NASDAQ:SBUX) stock in their portfolio include Global X Millennial Consumer ETF (MILN), Consumer Discretionary Select Sector SPDR Fund (XLY), Alpha Dog ETF (RUFF), Monarch Blue Chips Core ETF (MBCC), Motley Fool Global Opportunities ETF (TMFG), Daily Consumer Discretionary Bull 3X (WANT), Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and AI Quality Growth ETF (AQGX).

Starbucks (NASDAQ:SBUX) pays an annual dividend of $2.12 per share and currently has a dividend yield of 2.17%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 68.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBUX will have a dividend payout ratio of 51.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SBUX.

Shares of Starbucks split before market open on Thursday, April 9th 2015. The 2-1 split was announced on Wednesday, March 18th 2015. The newly created shares were issued to shareholders after the closing bell on Wednesday, April 8th 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Starbucks issued an update on its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of $3.40-$3.55 for the period, compared to the consensus estimate of $3.41. The company issued revenue guidance of $35.48 billion-$36.12 billion, compared to the consensus revenue estimate of $35.95 billion.

6,005 employees have rated Starbucks Chief Executive Officer Kevin Johnson on Glassdoor.com. Kevin Johnson has an approval rating of 73% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Starbucks investors own include Walt Disney (DIS), NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Cisco Systems (CSCO), Tesla (TSLA), Home Depot (HD), Intel (INTC), Visa (V) and Bank of America (BAC).

Starbucks trades on the NASDAQ under the ticker symbol "SBUX."

Starbucks' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (3.85%), Geode Capital Management LLC (1.88%), Wellington Management Group LLP (1.02%), Fisher Asset Management LLC (0.91%), Charles Schwab Investment Management Inc. (0.88%) and Bank of New York Mellon Corp (0.84%). Insiders that own company stock include Angela Lis, Clara Shih, Gina Woods, Howard D Schultz, Javier G Teruel, Jill Walker, John Culver, Joshua Cooper Ramo, Kevin R Johnson, Kevin R Johnson, Mellody L Hobson, Michael Aaron Conway, Myron E Ullman III, Myron E Ullman III, Rachel A Gonzalez, Rachel Ruggeri and Zabrina Jenkins.
View institutional ownership trends.

Shares of SBUX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SBUX stock can currently be purchased for approximately $99.50.

Starbucks (NASDAQ:SBUX) has a market capitalization of $114.07 billion and generates $34.00 billion in revenue each year. The coffee company earns $3.28 billion in net income (profit) each year or $3.08 on an earnings per share basis.

The company employs 402,000 workers across the globe.

Starbucks' mailing address is 2401 UTAH AVENUE SOUTH, SEATTLE WA, 98134. The official website for the company is www.starbucks.com. The coffee company can be reached via phone at (206) 447-1575, via email at investorrelations@starbucks.com, or via fax at 206-318-3432.