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Starbucks (SBUX) Stock Forecast & Price Target

$79.25
-0.66 (-0.83%)
(As of 12:54 PM ET)

Starbucks - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$95.00
19.87% Upside
High Forecast$120.00
Average Forecast$95.00
Low Forecast$75.00
TypeCurrent Forecast
6/25/23 to 6/24/24
1 Month Ago
5/26/23 to 5/25/24
3 Months Ago
3/27/23 to 3/26/24
1 Year Ago
6/25/22 to 6/25/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
9 Buy rating(s)
10 Buy rating(s)
12 Buy rating(s)
Hold
16 Hold rating(s)
16 Hold rating(s)
11 Hold rating(s)
12 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$95.00$96.43$110.05$110.31
Forecasted Upside19.87% Upside14.36% Upside16.11% Upside8.69% Upside
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SBUX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SBUX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Starbucks Stock vs. The Competition

TypeStarbucksRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.38
2.43
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside18.88% Upside47.06% Upside10.90% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/13/2024TD Cowen
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 Reiterated RatingHold ➝ Hold$85.00 ➝ $85.00+5.30%
6/13/2024The Goldman Sachs Group
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C. Cho
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Initiated CoverageBuy$100.00+25.98%
6/10/2024Bank of America
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 Boost TargetBuy ➝ Buy$108.00 ➝ $112.00+37.37%
5/6/2024Piper Sandler
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 Lower TargetNeutral ➝ Neutral$88.00 ➝ $85.00+15.36%
5/3/2024HSBC
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 Lower TargetHold ➝ Hold$107.00 ➝ $84.00+14.90%
5/3/2024DZ Bank
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 DowngradeBuy ➝ Hold$75.00+0.09%
5/1/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$100.00 ➝ $92.00+23.86%
5/1/2024Citigroup
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 Lower TargetNeutral ➝ Neutral$95.00 ➝ $85.00+16.07%
5/1/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$95.00 ➝ $85.00+16.04%
5/1/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$105.00 ➝ $90.00+22.87%
5/1/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$120.00 ➝ $92.00+24.54%
5/1/2024Jefferies Financial Group
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 Lower TargetHold ➝ Hold$94.00 ➝ $84.00+12.75%
5/1/2024Stifel Nicolaus
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 Lower TargetHold ➝ Hold$90.00 ➝ $80.00-9.59%
5/1/2024BTIG Research
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 Lower TargetBuy ➝ Buy$115.00 ➝ $100.00+13.01%
5/1/2024William Blair
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S. Zackfia
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DowngradeOutperform ➝ Market Perform
5/1/2024Deutsche Bank Aktiengesellschaft
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 DowngradeBuy ➝ Hold$108.00 ➝ $89.00+0.58%
4/26/2024Wedbush
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 Lower TargetNeutral ➝ Neutral$95.00 ➝ $92.00+3.58%
4/19/2024Guggenheim
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 Lower TargetBuy ➝ Buy$100.00 ➝ $91.00+4.07%
4/19/2024Oppenheimer
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 Reiterated RatingMarket Perform ➝ Market Perform
4/12/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$120.00 ➝ $115.00+33.88%
3/18/2024Robert W. Baird
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 Lower TargetNeutral$106.00 ➝ $100.00+10.52%
1/31/2024BMO Capital Markets
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 Lower TargetOutperform ➝ Outperform$125.00 ➝ $120.00+28.05%
1/31/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$102.00+9.23%
1/31/2024Barclays
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 Lower TargetOverweight ➝ Overweight$116.00 ➝ $112.00+19.05%
1/31/2024Stephens
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 Reiterated RatingEqual Weight ➝ Equal Weight$110.00+16.92%
1/16/2024Gordon Haskett
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 DowngradeBuy ➝ Hold$100.00+8.72%
5/3/202351job
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 Reiterated RatingMaintains
5/3/2023Credit Suisse Group
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 Boost Target$122.00 ➝ $128.00+11.83%
4/10/2023OTR Global
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 UpgradeMixed ➝ Positive
2/3/2023Cowen
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 Boost TargetOutperform$112.00 ➝ $116.00+6.28%
1/20/2023Tigress Financial
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 Reiterated RatingBuy$136.00+30.44%
9/14/2022Fubon Bank
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Satine Lin
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UpgradeNeutral ➝ Buy$103.00+17.26%
9/7/2022Sanford C. Bernstein
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 Initiated CoverageMarket Perform$94.00+6.55%
8/18/2022Cowen
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 Boost Target$94.00 ➝ $104.00+17.71%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 01:28 PM ET.

SBUX Forecast - Frequently Asked Questions

What is Starbucks's stock forecast and purchase recommendation?

According to the research reports of 26 Wall Street equities research analysts, the average twelve-month stock price forecast for Starbucks is $95.00, with a high forecast of $120.00 and a low forecast of $75.00. The consensus rating for Starbucks stock is Hold based on the current 16 hold ratings and 10 buy ratings for SBUX. Learn more on SBUX's analyst rating history.

Do Wall Street analysts like Starbucks more than its competitors?

Analysts like Starbucks less than other "retail/wholesale" companies. The consensus rating score for Starbucks is 2.38 while the average consensus rating score for "retail/wholesale" companies is 2.43. Learn more on how SBUX compares to other companies.

Is Starbucks being downgraded by Wall Street analysts?

Over the previous 90 days, Starbucks's stock had 3 downgrades by analysts.

Does Starbucks's stock price have much upside?

According to analysts, Starbucks's stock has a predicted upside of 14.51% based on their 12-month stock forecasts.


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This page (NASDAQ:SBUX) was last updated on 6/24/2024 by MarketBeat.com Staff

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