Starbucks (SBUX) Stock Forecast, Price Target & Predictions
SBUX Stock Forecast
Starbucks stock forecast is as follows: an average price target of $106.70 (represents a 8.25% upside from SBUX’s last price of $98.57) and a rating consensus of 'Buy', based on 33 wall street analysts offering a 1-year stock forecast.
SBUX Price Target
SBUX Analyst Ratings
Starbucks Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 14, 2024 | Ghansham Panjabi | Robert W. Baird | $70.00 | $92.56 | -24.37% | -28.98% |
Aug 14, 2024 | Jon Tower | Citigroup | $98.00 | $95.90 | 2.19% | -0.58% |
Aug 14, 2024 | David Palmer | Evercore ISI | $120.00 | $95.90 | 25.13% | 21.74% |
Aug 14, 2024 | Chris O'Cull | Stifel Nicolaus | $110.00 | $95.90 | 14.70% | 11.60% |
Aug 13, 2024 | Brian Mullan | Piper Sandler | $103.00 | $95.90 | 7.40% | 4.49% |
Aug 13, 2024 | David Tarantino | Robert W. Baird | $110.00 | $95.90 | 14.70% | 11.60% |
Jul 31, 2024 | Nick Setyan | Wedbush | $80.00 | $79.15 | 1.07% | -18.84% |
Jul 22, 2024 | Andrew Strelzik | BMO Capital | $100.00 | $76.55 | 30.63% | 1.45% |
Jun 13, 2024 | Christine Cho | Goldman Sachs | $110.00 | $79.38 | 38.57% | 11.60% |
May 06, 2024 | Brian Mullan | Piper Sandler | $85.00 | $73.11 | 16.26% | -13.77% |
Starbucks Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 8 | 25 |
Avg Price Target | - | $98.88 | $98.84 |
Last Closing Price | $98.57 | $98.57 | $98.57 |
Upside/Downside | -100.00% | 0.31% | 0.27% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 10, 2024 | Cowen & Co. | Buy | Buy | Hold |
Sep 09, 2024 | BMO Capital | Outperform | Outperform | Hold |
Aug 26, 2024 | Oppenheimer | Perform | Perform | Hold |
Aug 14, 2024 | William Blair | Market Perform | Market Perform | Hold |
Aug 14, 2024 | Citigroup | Neutral | Neutral | Hold |
Aug 14, 2024 | Barclays | Overweight | Overweight | Hold |
Aug 14, 2024 | Deutsche Bank | Hold | Buy | Upgrade |
Aug 13, 2024 | BTIG | Buy | Buy | Hold |
Aug 13, 2024 | Cowen & Co. | Hold | Buy | Upgrade |
Aug 13, 2024 | Piper Sandler | Neutral | Overweight | Upgrade |
Starbucks Financial Forecast
Starbucks Revenue Forecast
Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | $9.43B | $9.37B | $9.17B | $8.72B | $8.05B | $8.41B | - | $7.64B | - | $8.15B | $7.50B | $6.67B | $6.75B | $6.20B | $4.22B | $6.00B | $7.10B | $6.75B | $6.82B |
Avg Forecast | $10.80B | $10.52B | $9.84B | $10.49B | $10.14B | $9.82B | $9.20B | $9.84B | $9.40B | $9.25B | $9.12B | $9.60B | $9.29B | $9.29B | $8.41B | $8.79B | $8.32B | $8.15B | $7.62B | $7.98B | $8.21B | $7.29B | $6.78B | $6.91B | $6.06B | $4.10B | $5.89B | $7.11B | $6.68B | $6.67B |
High Forecast | $11.09B | $10.80B | $10.10B | $10.77B | $10.41B | $10.08B | $9.44B | $10.11B | $9.46B | $9.50B | $9.37B | $9.86B | $9.38B | $9.54B | $8.63B | $9.03B | $8.55B | $8.15B | $7.73B | $8.10B | $8.33B | $7.39B | $6.88B | $7.00B | $6.15B | $4.15B | $5.97B | $7.21B | $6.78B | $6.77B |
Low Forecast | $10.63B | $10.35B | $9.68B | $10.32B | $9.98B | $9.67B | $9.05B | $9.69B | $9.31B | $9.11B | $8.98B | $9.45B | $9.18B | $9.15B | $8.28B | $8.66B | $8.20B | $8.15B | $7.44B | $7.80B | $8.02B | $7.12B | $6.62B | $6.75B | $5.92B | $4.00B | $5.75B | $6.94B | $6.53B | $6.52B |
# Analysts | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 10 | 8 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.01% | 0.99% | 1.04% | 0.92% | 1.01% | - | 1.00% | - | 0.99% | 1.03% | 0.98% | 0.98% | 1.02% | 1.03% | 1.02% | 1.00% | 1.01% | 1.02% |
Starbucks EBITDA Forecast
Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 10 | 8 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | $1.90B | $2.11B | $1.67B | $1.63B | $1.56B | $1.62B | - | $1.39B | - | $2.75B | $1.90B | $1.39B | $1.32B | $946.40M | $-314.40M | $870.70M | $1.61B | $1.47B | $2.12B |
Avg Forecast | $2.14B | $2.08B | $1.95B | $2.07B | $2.01B | $1.94B | $1.82B | $1.95B | $1.86B | $1.83B | $1.68B | $1.90B | $1.84B | $1.84B | $1.52B | $1.74B | $1.03B | $1.61B | $1.39B | $1.72B | $1.62B | $1.31B | $1.15B | $1.17B | $815.17M | $-383.67M | $921.92M | $1.54B | $1.47B | $1.95B |
High Forecast | $2.19B | $2.14B | $2.00B | $2.13B | $2.06B | $1.99B | $1.87B | $2.00B | $1.87B | $1.88B | $2.01B | $1.95B | $1.86B | $1.89B | $1.83B | $1.79B | $1.24B | $1.61B | $1.66B | $2.06B | $1.65B | $1.57B | $1.38B | $1.41B | $978.21M | $-306.94M | $1.11B | $1.85B | $1.76B | $2.34B |
Low Forecast | $2.10B | $2.05B | $1.92B | $2.04B | $1.97B | $1.91B | $1.79B | $1.92B | $1.84B | $1.80B | $1.34B | $1.87B | $1.82B | $1.81B | $1.22B | $1.71B | $824.95M | $1.61B | $1.11B | $1.38B | $1.59B | $1.04B | $922.77M | $938.73M | $652.14M | $-460.41M | $737.53M | $1.23B | $1.17B | $1.56B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.15% | 0.91% | 1.07% | 0.90% | 1.57% | - | 1.00% | - | 1.69% | 1.45% | 1.20% | 1.12% | 1.16% | 0.82% | 0.94% | 1.04% | 1.00% | 1.09% |
Starbucks Net Income Forecast
Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 10 | 8 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | $1.02B | $1.22B | $1.14B | $908.30M | $816.10M | $878.30M | - | $674.50M | - | $1.76B | $1.15B | $659.40M | $622.20M | $392.60M | $-678.40M | $328.40M | $885.70M | $802.80M | $1.37B |
Avg Forecast | $1.42B | $1.31B | $997.73M | $1.22B | $1.31B | $1.18B | $875.51M | $1.11B | $1.18B | $1.06B | $816.14M | $1.06B | $1.10B | $1.08B | $741.95M | $878.37M | $427.78M | $870.68M | $674.50M | $897.49M | $1.13B | $793.90M | $547.43M | $554.15M | $338.16M | $-827.88M | $347.72M | $850.74M | $802.80M | $1.26B |
High Forecast | $1.47B | $1.36B | $1.03B | $1.27B | $1.35B | $1.23B | $906.19M | $1.15B | $1.23B | $1.10B | $979.37M | $1.09B | $1.12B | $1.12B | $890.34M | $909.15M | $513.33M | $870.68M | $809.40M | $1.08B | $1.15B | $952.68M | $656.91M | $664.97M | $405.79M | $-662.30M | $417.26M | $1.02B | $963.36M | $1.51B |
Low Forecast | $1.39B | $1.29B | $977.73M | $1.20B | $1.28B | $1.16B | $857.96M | $1.09B | $1.09B | $1.04B | $652.92M | $1.04B | $1.03B | $1.06B | $593.56M | $860.77M | $342.22M | $870.68M | $539.60M | $717.99M | $1.10B | $635.12M | $437.94M | $443.32M | $270.53M | $-993.45M | $278.17M | $680.59M | $642.24M | $1.01B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.10% | 1.06% | 1.22% | 0.93% | 2.05% | - | 1.00% | - | 1.56% | 1.45% | 1.20% | 1.12% | 1.16% | 0.82% | 0.94% | 1.04% | 1.00% | 1.09% |
Starbucks SG&A Forecast
Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 10 | 8 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | $648.00M | $635.80M | $604.30M | $620.40M | $525.80M | $538.00M | - | $481.50M | - | $501.20M | $494.90M | $464.40M | $472.10M | $439.00M | $399.90M | $406.50M | $434.20M | $404.90M | $480.20M |
Avg Forecast | $728.92M | $710.07M | $664.13M | $708.01M | $684.50M | $662.98M | $620.87M | $664.63M | $634.60M | $624.49M | $582.62M | $648.00M | $627.25M | $627.22M | $529.65M | $593.78M | $478.33M | $549.95M | $481.50M | $578.38M | $554.63M | $340.65M | $385.54M | $420.60M | $378.13M | $488.01M | $430.41M | $417.06M | $404.90M | $440.18M |
High Forecast | $748.57M | $729.21M | $682.04M | $727.09M | $702.95M | $680.86M | $637.61M | $682.55M | $638.67M | $641.32M | $699.14M | $665.47M | $633.38M | $644.13M | $635.58M | $609.78M | $574.00M | $549.95M | $577.80M | $694.06M | $562.44M | $408.77M | $462.65M | $504.72M | $453.75M | $585.62M | $516.49M | $500.47M | $485.88M | $528.22M |
Low Forecast | $717.68M | $699.12M | $653.89M | $697.09M | $673.94M | $652.76M | $611.30M | $654.39M | $628.50M | $614.86M | $466.09M | $638.00M | $619.77M | $617.55M | $423.72M | $584.62M | $382.67M | $549.95M | $385.20M | $462.70M | $541.59M | $272.52M | $308.43M | $336.48M | $302.50M | $390.41M | $344.33M | $333.65M | $323.92M | $352.15M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 0.96% | 1.17% | 0.89% | 1.12% | - | 1.00% | - | 0.90% | 1.45% | 1.20% | 1.12% | 1.16% | 0.82% | 0.94% | 1.04% | 1.00% | 1.09% |
Starbucks EPS Forecast
Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 10 | 8 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 |
EPS | - | - | - | - | - | - | - | - | - | - | - | $0.90 | $1.06 | $1.00 | $0.79 | $0.71 | $0.77 | - | $0.59 | - | $1.50 | $0.98 | $0.56 | $0.53 | $0.33 | $-0.58 | $0.28 | $0.75 | $0.68 | $1.14 |
Avg Forecast | $1.25 | $1.16 | $0.88 | $1.08 | $1.15 | $1.04 | $0.77 | $0.98 | $1.04 | $0.93 | $0.80 | $0.93 | $0.97 | $0.95 | $0.65 | $0.77 | $0.72 | $0.77 | $0.60 | $0.80 | $0.99 | $0.78 | $0.53 | $0.55 | $0.31 | $-0.57 | $0.34 | $0.76 | $0.70 | $0.72 |
High Forecast | $1.30 | $1.20 | $0.91 | $1.11 | $1.19 | $1.08 | $0.80 | $1.01 | $1.08 | $0.97 | $0.82 | $0.96 | $0.98 | $0.99 | $0.67 | $0.80 | $0.75 | $0.77 | $0.61 | $0.81 | $1.01 | $0.79 | $0.54 | $0.56 | $0.32 | $-0.55 | $0.35 | $0.77 | $0.71 | $0.74 |
Low Forecast | $1.23 | $1.13 | $0.86 | $1.06 | $1.13 | $1.02 | $0.76 | $0.96 | $0.96 | $0.92 | $0.78 | $0.91 | $0.90 | $0.93 | $0.64 | $0.76 | $0.71 | $0.77 | $0.58 | $0.77 | $0.96 | $0.76 | $0.52 | $0.54 | $0.30 | $-0.58 | $0.33 | $0.74 | $0.68 | $0.70 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.09% | 1.05% | 1.22% | 0.92% | 1.07% | - | 0.99% | - | 1.51% | 1.26% | 1.05% | 0.96% | 1.07% | 1.02% | 0.82% | 0.99% | 0.97% | 1.57% |
Starbucks Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
YUMC | Yum China | $34.90 | $68.72 | 96.91% | Buy |
PZZA | Papa John's | $49.60 | $82.89 | 67.12% | Buy |
WEN | Wendy's Company | $17.57 | $23.11 | 31.53% | Buy |
DPZ | Domino's Pizza | $402.52 | $492.75 | 22.42% | Buy |
QSR | Restaurant Brands | $69.18 | $78.32 | 13.21% | Buy |
SBUX | Starbucks | $98.57 | $106.70 | 8.25% | Buy |
YUM | Yum! Brands | $133.65 | $144.58 | 8.18% | Buy |
MCD | McDonald's | $296.53 | $312.88 | 5.51% | Buy |
SHAK | Shake Shack | $102.05 | $101.71 | -0.33% | Hold |
DRI | Darden Restaurants | $160.25 | $159.00 | -0.78% | Buy |
CMG | Chipotle Mexican Grill | $56.12 | $55.52 | -1.07% | Buy |
WING | Wingstop | $394.81 | $297.53 | -24.64% | Hold |
SBUX Forecast FAQ
Is Starbucks a good buy?
Yes, according to 33 Wall Street analysts, Starbucks (SBUX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 22 'Buy' recommendations, accounting for 66.67% of SBUX's total ratings.
What is SBUX's price target?
Starbucks (SBUX) average price target is $106.7 with a range of $70 to $136, implying a 8.25% from its last price of $98.57. The data is based on 33 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Starbucks stock go up soon?
According to Wall Street analysts' prediction for SBUX stock, the company can go up by 8.25% (from the last price of $98.57 to the average price target of $106.7), up by 37.97% based on the highest stock price target, and down by -28.98% based on the lowest stock price target.
Can Starbucks stock reach $150?
SBUX's average twelve months analyst stock price target of $106.7 does not support the claim that Starbucks can reach $150 in the near future.
What are Starbucks's analysts' financial forecasts?
Starbucks's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $39B (high $40.05B, low $38.39B), average EBITDA is $7.71B (high $7.92B, low $7.59B), average net income is $4.47B (high $4.63B, low $4.39B), average SG&A $2.63B (high $2.7B, low $2.59B), and average EPS is $3.94 (high $4.08, low $3.86). SBUX's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $41.63B (high $42.76B, low $40.99B), average EBITDA is $8.24B (high $8.46B, low $8.11B), average net income is $4.96B (high $5.13B, low $4.86B), average SG&A $2.81B (high $2.89B, low $2.77B), and average EPS is $4.37 (high $4.52, low $4.28).
Did the SBUX's actual financial results beat the analysts' financial forecasts?
Based on Starbucks's last annual report (Sep 2023), the company's revenue was $35.98B, beating the average analysts forecast of $35.78B by 0.54%. Apple's EBITDA was $7.33B, beating the average prediction of $6.94B by 5.67%. The company's net income was $4.12B, beating the average estimation of $3.81B by 8.37%. Apple's SG&A was $2.44B, beating the average forecast of $2.38B by 2.67%. Lastly, the company's EPS was $3.6, beating the average prediction of $3.35 by 7.56%. In terms of the last quarterly report (Dec 2023), Starbucks's revenue was $9.43B, missing the average analysts' forecast of $9.6B by -1.79%. The company's EBITDA was $1.9B, beating the average prediction of $1.9B by 0.27%. Starbucks's net income was $1.02B, missing the average estimation of $1.06B by -3.10%. The company's SG&A was $648M, beating the average forecast of $648M by 0.00%. Lastly, the company's EPS was $0.9, missing the average prediction of $0.931 by -3.31%