Starbucks Stock Forecast, Price & News

Starbucks' stock was trading at $68.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SBUX stock has increased by 48.1% and is now trading at $100.91.
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27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Starbucks in the last year. There are currently 12 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Starbucks or view MarketBeat's top 5 stock picks.

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Starbucks is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Starbucks.

Starbucks Co. (NASDAQ:SBUX) announced its quarterly earnings results on Thursday, October, 29th. The coffee company reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.20. The coffee company earned $6.20 billion during the quarter, compared to analysts' expectations of $6.07 billion. Starbucks had a net margin of 5.56% and a negative return on equity of 22.26%. The business's revenue was down 8.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.70 EPS.
View Starbucks' earnings history.

Starbucks declared a quarterly dividend on Wednesday, September 30th. Stockholders of record on Thursday, November 12th will be given a dividend of $0.45 per share on Friday, November 27th. This represents a $1.80 annualized dividend and a dividend yield of 1.78%. The ex-dividend date is Tuesday, November 10th. This is a boost from Starbucks's previous quarterly dividend of $0.41.
View Starbucks' dividend history.

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 issued shares were issued to shareholders after the closing bell on Wednesday, April 8th 2015. An investor that had 100 shares of Starbucks stock prior to the split would have 200 shares after the split.

Starbucks updated its FY21 earnings guidance on Thursday, October, 29th. The company provided EPS guidance of $2.70-2.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.74. The company issued revenue guidance of $28-29 billion, compared to the consensus revenue estimate of $28.21 billion.

27 brokerages have issued 12-month price objectives for Starbucks' stock. Their forecasts range from $65.00 to $113.00. On average, they expect Starbucks' share price to reach $89.48 in the next twelve months. This suggests that the stock has a possible downside of 11.3%.
View analysts' price targets for Starbucks.

Some companies that are related to Starbucks include McDonald's (MCD), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), Domino's Pizza (DPZ), Darden Restaurants (DRI), Dunkin' Brands Group (DNKN), Texas Roadhouse (TXRH), The Wendy's (WEN), Cracker Barrel Old Country Store (CBRL), Papa John's International (PZZA), Brinker International (EAT), Jack in the Box (JACK), The Cheesecake Factory (CAKE), Bloomin' Brands (BLMN) and Dine Brands Global (DIN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Starbucks investors own include The Walt Disney (DIS), NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Cisco Systems (CSCO), Tesla (TSLA), The 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 number of institutional and retail investors. Top institutional shareholders include State Street Corp (4.31%), Magellan Asset Management Ltd (2.53%), Morgan Stanley (1.09%), Wells Fargo & Company MN (0.99%), Nuveen Asset Management LLC (0.66%) and Charles Schwab Investment Management Inc. (0.65%). Company insiders that own Starbucks stock include Clara Shih, Clifford Burrows, Javier G Teruel, Jill Walker, John Culver, Joshua Cooper Ramo, Kevin R Johnson, Lucy Lee Helm, Myron E Ullman III and Vivek C Varma.
View institutional ownership trends for Starbucks.

SBUX stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Wells Fargo & Company MN, Fisher Asset Management LLC, Allianz Asset Management GmbH, The Manufacturers Life Insurance Company, Los Angeles Capital Management & Equity Research Inc., Massachusetts Financial Services Co. MA, and Arrowstreet Capital Limited Partnership. Company insiders that have sold Starbucks company stock in the last year include Clara Shih, Javier G Teruel, Jill Walker, Joshua Cooper Ramo, Kevin R Johnson, Lucy Lee Helm, and Myron E Ullman III.
View insider buying and selling activity for Starbucks.

SBUX stock was bought by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., UBS Asset Management Americas Inc., CIBC Private Wealth Group LLC, Magellan Asset Management Ltd, SG Americas Securities LLC, Conning Inc., Jensen Investment Management Inc., and Nisa Investment Advisors LLC.
View insider buying and selling activity for Starbucks.

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

One share of SBUX stock can currently be purchased for approximately $100.91.

Starbucks has a market capitalization of $117.96 billion and generates $26.51 billion in revenue each year. The coffee company earns $3.60 billion in net income (profit) each year or $2.83 on an earnings per share basis. Starbucks employs 349,000 workers across the globe.

The official website for Starbucks is www.starbucks.com.

Starbucks' mailing address is 2401 UTAH AVENUE SOUTH, SEATTLE WA, 98134. The coffee company can be reached via phone at 206-447-1575 or via email at [email protected]