Starbucks (SBUX) Stock Forecast, Price Target & Predictions
SBUX Stock Forecast
Starbucks stock forecast is as follows: an average price target of $103.59 (represents a -4.60% downside from SBUX’s last price of $108.58) and a rating consensus of 'Buy', based on 33 wall street analysts offering a 1-year stock forecast.
SBUX Price Target
The average price target for Starbucks (SBUX) is $103.59 based on 1-year price targets from 33 Wall Street analysts in the past 3 months, with a price target range of $132.50 to $70.00. This represents a potential -4.60% downside from SBUX's last price of $108.58.
SBUX Analyst Ratings
Buy
According to 33 Wall Street analysts, Starbucks's rating consensus is 'Buy'. The analyst rating breakdown for SBUX stock is 0 'Strong Buy' (0.00%), 22 'Buy' (66.67%), 8 'Hold' (24.24%), 3 'Sell' (9.09%), and 0 'Strong Sell' (0.00%).
Starbucks Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 15, 2024 | Logan Reich | RBC Capital | $115.00 | $99.23 | 15.89% | 5.91% |
| Oct 31, 2024 | Arun Sundaram | CFRA | $103.00 | $97.70 | 5.42% | -5.14% |
| Oct 23, 2024 | Arun Sundaram | CFRA | $104.00 | $97.65 | 6.50% | -4.22% |
| Oct 23, 2024 | Chris O'Cull | Stifel Nicolaus | $105.00 | $96.82 | 8.45% | -3.30% |
| Oct 23, 2024 | Dennis Geiger | UBS | $95.00 | $96.82 | -1.88% | -12.51% |
| Oct 23, 2024 | Gregory Francfort | Guggenheim | $93.00 | $96.82 | -3.95% | -14.35% |
| Oct 23, 2024 | Christine Cho | Goldman Sachs | $105.00 | $96.82 | 8.45% | -3.30% |
| Oct 23, 2024 | Jon Tower | Citigroup | $96.00 | $96.82 | -0.85% | -11.59% |
| Oct 23, 2024 | Lauren Silberman | Deutsche Bank | $120.00 | $96.82 | 23.94% | 10.52% |
| Oct 22, 2024 | Sara Senatore | Bank of America Securities | $117.00 | $96.23 | 21.58% | 7.75% |
| Oct 17, 2024 | Peter Saleh | BTIG | $115.00 | $95.81 | 20.03% | 5.91% |
| Oct 07, 2024 | Jon Tower | Citigroup | $99.00 | $96.09 | 3.03% | -8.82% |
| Sep 26, 2024 | Charles Neivert | Piper Sandler | $132.50 | $48.63 | 172.47% | 22.03% |
| Sep 26, 2024 | Danilo Gargiulo | Bernstein | $115.00 | $97.36 | 18.12% | 5.91% |
| Sep 24, 2024 | Andy Barish | Jefferies | $76.00 | $95.48 | -20.40% | -30.01% |
| Aug 14, 2024 | Ghansham Panjabi | Robert W. Baird | $70.00 | $92.56 | -24.37% | -35.53% |
| Aug 14, 2024 | Jon Tower | Citigroup | $98.00 | $95.90 | 2.19% | -9.74% |
| Aug 14, 2024 | David Palmer | Evercore ISI | $120.00 | $95.90 | 25.13% | 10.52% |
| Aug 14, 2024 | Chris O'Cull | Stifel Nicolaus | $110.00 | $95.90 | 14.70% | 1.31% |
| Aug 13, 2024 | Brian Mullan | Piper Sandler | $103.00 | $95.90 | 7.40% | -5.14% |
| Aug 13, 2024 | David Tarantino | Robert W. Baird | $110.00 | $95.90 | 14.70% | 1.31% |
| Jul 31, 2024 | Nick Setyan | Wedbush | $80.00 | $79.15 | 1.07% | -26.32% |
| Jul 22, 2024 | Andrew Strelzik | BMO Capital | $100.00 | $76.55 | 30.63% | -7.90% |
| Jun 13, 2024 | Christine Cho | Goldman Sachs | $110.00 | $79.38 | 38.57% | 1.31% |
| May 06, 2024 | Brian Mullan | Piper Sandler | $85.00 | $73.11 | 16.26% | -21.72% |
| May 03, 2024 | Meredith Prichard Jensen | HSBC | $84.00 | $74.93 | 12.10% | -22.64% |
| May 01, 2024 | Dennis Geiger | UBS | $85.00 | $88.49 | -3.94% | -21.72% |
| May 01, 2024 | Peter Saleh | BTIG | $100.00 | $88.49 | 13.01% | -7.90% |
| Apr 18, 2024 | Gregory Francfort | Guggenheim | $91.00 | $86.21 | 5.56% | -16.19% |
| Apr 12, 2024 | Brian Harbour | Morgan Stanley | $115.00 | $85.90 | 33.88% | 5.91% |
| Apr 11, 2024 | Chris O'Cull | Stifel Nicolaus | $90.00 | $85.95 | 4.71% | -17.11% |
| Apr 01, 2024 | Bonnie Herzog | Wells Fargo | $105.00 | $91.39 | 14.89% | -3.30% |
| Mar 18, 2024 | David Tarantino | Robert W. Baird | $100.00 | $91.01 | 9.88% | -7.90% |
| Feb 01, 2024 | Gregory Francfort | Guggenheim | $100.00 | $92.75 | 7.82% | -7.90% |
| Jan 31, 2024 | Nick Setyan | Wedbush | $75.00 | $93.54 | -19.82% | -30.93% |
| Jan 16, 2024 | Brian Harbour | Morgan Stanley | $120.00 | $92.70 | 29.45% | 10.52% |
| Nov 02, 2023 | Jon Tower | Citigroup | $100.00 | $91.35 | 9.47% | -7.90% |
| Nov 02, 2023 | Brian Mullan | Deutsche Bank | $118.00 | $91.35 | 29.17% | 8.68% |
| Nov 02, 2023 | Dennis Geiger | UBS | $100.00 | $91.35 | 9.47% | -7.90% |
| Nov 01, 2023 | Brian Harbour | Morgan Stanley | $102.00 | $91.35 | 11.66% | -6.06% |
| Aug 02, 2023 | Nick Setyan | Wedbush | $105.00 | $103.77 | 1.19% | -3.30% |
| Aug 01, 2023 | Joshua Lang | Stephens | $110.00 | $100.47 | 9.49% | 1.31% |
| Aug 01, 2023 | Nick Setyan | Wedbush | $112.00 | $100.47 | 11.48% | 3.15% |
| Aug 01, 2023 | Christopher Carrill | RBC Capital | $109.00 | $100.47 | 8.50% | 0.39% |
| Aug 01, 2023 | Brian Harbour | Morgan Stanley | $104.00 | $100.47 | 3.52% | -4.22% |
| Feb 06, 2023 | Citigroup | $112.00 | $104.65 | 7.02% | 3.15% | |
| Feb 03, 2023 | Nick Setyan | Wedbush | $110.00 | $104.30 | 5.47% | 1.31% |
| Feb 03, 2023 | Joshua Long | Stephens | $91.00 | $104.30 | -12.75% | -16.19% |
| Feb 03, 2023 | Barclays | $123.00 | $109.15 | 12.69% | 13.28% | |
| Feb 03, 2023 | Cowen & Co. | $116.00 | $109.15 | 6.28% | 6.83% | |
| Jan 04, 2023 | Cowen & Co. | $112.00 | $100.83 | 11.08% | 3.15% | |
| Dec 09, 2022 | Joe Gomes | Loop Capital Markets | $100.00 | $103.74 | -3.61% | -7.90% |
| Dec 05, 2022 | Deutsche Bank | $106.00 | $105.05 | 0.90% | -2.38% | |
| Nov 04, 2022 | Brian Mullan | Deutsche Bank | $100.00 | $91.86 | 8.86% | -7.90% |
| Sep 15, 2022 | John Glass | Morgan Stanley | $96.00 | $92.11 | 4.22% | -11.59% |
| Sep 15, 2022 | Deutsche Bank | $101.00 | $92.70 | 8.95% | -6.98% | |
| Aug 03, 2022 | Nick Setyan | Wedbush | $86.00 | $86.31 | -0.36% | -20.80% |
| Aug 03, 2022 | Andrew Strelzik | Loop Capital Markets | $105.00 | $86.31 | 21.65% | -3.30% |
| Aug 03, 2022 | Brian Mullan | Deutsche Bank | $93.00 | $83.71 | 11.10% | -14.35% |
| Jul 25, 2022 | Brian Mullan | Deutsche Bank | $91.00 | $83.59 | 8.86% | -16.19% |
| May 04, 2022 | Nick Setyan | Wedbush | $81.00 | $79.86 | 1.43% | -25.40% |
| May 04, 2022 | Morgan Stanley | $87.00 | $78.66 | 10.61% | -19.87% | |
| May 04, 2022 | RBC Capital | $85.00 | $78.77 | 7.91% | -21.72% | |
| May 04, 2022 | Barclays | $94.00 | $74.33 | 26.46% | -13.43% | |
| May 04, 2022 | Piper Sandler | $80.00 | $74.33 | 7.63% | -26.32% | |
| May 04, 2022 | Cowen & Co. | $94.00 | $74.33 | 26.46% | -13.43% | |
| May 03, 2022 | Chris O`Cull | Stifel Nicolaus | $84.00 | $74.33 | 13.01% | -22.64% |
| Apr 29, 2022 | Dennis Geiger | UBS | $86.00 | $76.58 | 12.30% | -20.80% |
| Apr 25, 2022 | Peter Saleh | BTIG | $110.00 | $77.75 | 41.47% | 1.31% |
| Apr 25, 2022 | Jeffrey Bernstein | Barclays | $108.00 | $77.92 | 38.60% | -0.53% |
| Apr 25, 2022 | Brett Levy | MKM Partners | $105.00 | $77.92 | 34.75% | -3.30% |
| Apr 17, 2022 | Jon Tower | Citigroup | $91.00 | $79.50 | 14.47% | -16.19% |
| Apr 09, 2022 | Nick Setyan | Wedbush | $91.00 | $81.52 | 11.63% | -16.19% |
| Apr 09, 2022 | Andrew Strelzik | BMO Capital | $115.00 | $81.52 | 41.07% | 5.91% |
| Mar 27, 2022 | Andy Barish | Jefferies | $130.00 | $87.45 | 48.66% | 19.73% |
| Mar 20, 2022 | Lauren Silberman | Credit Suisse | $122.00 | $89.60 | 36.16% | 12.36% |
| Mar 16, 2022 | David Tarantino | Robert W. Baird | $95.00 | $87.41 | 8.68% | -12.51% |
| Mar 16, 2022 | James Rutherford | Stephens | $125.00 | $87.41 | 43.00% | 15.12% |
| Mar 16, 2022 | John Ivankoe | J.P. Morgan | $101.00 | $87.41 | 15.55% | -6.98% |
| Feb 03, 2022 | Brian Mullan | Deutsche Bank | $116.00 | $95.46 | 21.52% | 6.83% |
| Feb 02, 2022 | Nicole Miller Regan | Piper Sandler | $100.00 | $97.24 | 2.84% | -7.90% |
| Feb 02, 2022 | Jeff Bernstein | Barclays | $125.00 | $97.24 | 28.55% | 15.12% |
| Feb 02, 2022 | Chris O`Cull | Stifel Nicolaus | $112.00 | $97.24 | 15.18% | 3.15% |
| Feb 02, 2022 | Dennis Geiger | UBS | $105.00 | $97.24 | 7.98% | -3.30% |
| Feb 02, 2022 | Wendy Nicholson | Citigroup | $120.00 | $97.24 | 23.41% | 10.52% |
| Feb 02, 2022 | Christopher Carril | RBC Capital | $108.00 | $97.24 | 11.07% | -0.53% |
| Feb 02, 2022 | Jared Garber | Goldman Sachs | $106.00 | $97.24 | 9.01% | -2.38% |
| Jan 18, 2022 | Sara Senatore | Bank of America Securities | $135.00 | $97.24 | 38.83% | 24.33% |
| Dec 28, 2021 | Ivan Feinseth | Tigress Financial | $136.00 | $114.99 | 18.27% | 25.25% |
| Oct 28, 2021 | Jon Tower | Wells Fargo | $122.00 | $112.14 | 8.79% | 12.36% |
| Sep 30, 2021 | Edward Lewis | Atlantic Equities | $105.00 | $109.28 | -3.92% | -3.30% |
The latest Starbucks stock forecast, released on Nov 15, 2024 by Logan Reich from RBC Capital, set a price target of $115.00, which represents a 15.89% increase from the stock price at the time of the forecast ($99.23), and a 5.91% increase from SBUX last price ($108.58).
Starbucks Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 35 |
| Avg Price Target | - | $109.00 | $100.61 |
| Last Closing Price | $108.58 | $108.58 | $108.58 |
| Upside/Downside | -100.00% | 0.39% | -7.34% |
In the current month, the average price target of Starbucks stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Starbucks's last price of $108.58. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jan 27, 2025 | Citigroup | Buy | Buy | Hold |
| Jan 27, 2025 | RBC Capital | Outperform | Outperform | Hold |
| Oct 31, 2024 | CFRA | Buy | Reduce | Downgrade |
| Oct 31, 2024 | Citigroup | Neutral | Neutral | Hold |
| Oct 31, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 23, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Oct 23, 2024 | CFRA | Buy | Buy | Hold |
| Oct 23, 2024 | Jefferies | Underperform | Underperform | Hold |
| Oct 23, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Oct 23, 2024 | UBS | Neutral | Neutral | Hold |
| Oct 23, 2024 | Guggenheim | Neutral | Neutral | Hold |
| Oct 23, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Oct 23, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Oct 17, 2024 | BTIG | Buy | Buy | Hold |
| Oct 16, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Oct 07, 2024 | Citigroup | Neutral | Neutral | Hold |
| Sep 26, 2024 | Bernstein | Overweight | Outperform | Upgrade |
| Sep 24, 2024 | Jefferies | Buy | Underperform | Downgrade |
| 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 |
| Jul 31, 2024 | Wedbush | Neutral | Neutral | Hold |
| Jul 31, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 30, 2024 | HSBC | Hold | Hold | Hold |
| Jul 30, 2024 | Citigroup | Overweight | Overweight | Hold |
| Jul 30, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Jul 22, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jul 22, 2024 | Citigroup | Neutral | Neutral | Hold |
| Jul 22, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jul 22, 2024 | BTIG | Buy | Buy | Hold |
| Jul 11, 2024 | OTR Global | Positive | Negative | Downgrade |
| Jul 10, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 10, 2024 | Wedbush | Neutral | Neutral | Hold |
| Jun 13, 2024 | Goldman Sachs | Neutral | Buy | Initialise |
| May 13, 2024 | Bank of America Securities | Buy | Buy | Hold |
| May 06, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| May 03, 2024 | HSBC | Hold | Hold | Hold |
| May 01, 2024 | UBS | Neutral | Neutral | Hold |
| May 01, 2024 | BTIG | Buy | Buy | Hold |
| May 01, 2024 | Deutsche Bank | Buy | Hold | Downgrade |
| May 01, 2024 | William Blair | Outperform | Market Perform | Downgrade |
| Apr 18, 2024 | Guggenheim | Buy | Buy | Hold |
| Apr 12, 2024 | Citigroup | Neutral | Neutral | Hold |
| Apr 12, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Apr 09, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Apr 01, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Feb 01, 2024 | Guggenheim | Neutral | Neutral | Hold |
| Jan 31, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Jan 31, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
| Jan 31, 2024 | William Blair | Outperform | Outperform | Hold |
| Jan 31, 2024 | Wedbush | Neutral | Neutral | Hold |
| Jan 31, 2024 | Bernstein | Overweight | Overweight | Hold |
| Jan 16, 2024 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| Nov 02, 2023 | Citigroup | Neutral | Neutral | Hold |
| Nov 02, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Nov 02, 2023 | UBS | Neutral | Neutral | Hold |
| Nov 02, 2023 | Wedbush | Neutral | Neutral | Hold |
| Sep 19, 2023 | Cowen & Co. | Outperform | Market Perform | Downgrade |
| Aug 02, 2023 | Oppenheimer | Perform | Perform | Hold |
| Aug 02, 2023 | William Blair | Outperform | Outperform | Hold |
| Aug 02, 2023 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Aug 02, 2023 | Wedbush | Neutral | Neutral | Hold |
| Aug 01, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 01, 2023 | Citigroup | Neutral | Neutral | Hold |
| Aug 01, 2023 | Evercore ISI | Outperform | Outperform | Hold |
| May 03, 2023 | William Blair | Outperform | Outperform | Hold |
| May 03, 2023 | RBC Capital | Sector Perform | Sector Perform | Hold |
| May 03, 2023 | KeyBanc | Sector Weight | Sector Weight | Hold |
| May 03, 2023 | Wedbush | Neutral | Neutral | Hold |
| Apr 10, 2023 | OTR Global | Positive | Upgrade | |
| Apr 10, 2023 | Loop Capital Markets | Buy | Upgrade | |
| Apr 10, 2023 | Susquehanna | Positive | Upgrade | |
| Apr 10, 2023 | Wedbush | Neutral | Outperform | Initialise |
| Apr 10, 2023 | Goldman Sachs | Neutral | Downgrade | |
| Apr 10, 2023 | Credit Suisse | Market Outperform | Outperform | Upgrade |
| Apr 10, 2023 | Benchmark | Buy | Upgrade | |
| Apr 10, 2023 | Evercore ISI | Outperform | Upgrade | |
| Apr 10, 2023 | Scotiabank | Perform | Downgrade | |
| Feb 06, 2023 | Citigroup | Neutral | Neutral | Hold |
| Feb 03, 2023 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Feb 03, 2023 | Credit Suisse | Market Outperform | Market Outperform | Hold |
| Feb 03, 2023 | KeyBanc | Sector Weight | Sector Weight | Hold |
| Feb 03, 2023 | Credit Suisse | Outperform | Outperform | Hold |
| Feb 03, 2023 | Cowen & Co. | Outperform | Outperform | Hold |
| Jan 05, 2023 | Barclays | Overweight | Overweight | Hold |
| Jan 04, 2023 | Cowen & Co. | Outperform | Outperform | Hold |
| Dec 09, 2022 | Noble Capital Markets | Outperform | Initialise | |
| Nov 04, 2022 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Nov 04, 2022 | BMO Capital | Outperform | Outperform | Hold |
| Nov 04, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Nov 04, 2022 | Citigroup | Neutral | Neutral | Hold |
| Nov 04, 2022 | Credit Suisse | Outperform | Outperform | Hold |
| Nov 04, 2022 | Wedbush | Neutral | Neutral | Hold |
| Oct 28, 2022 | Barclays | Overweight | Overweight | Hold |
| Sep 15, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Sep 15, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Sep 07, 2022 | Citigroup | Buy | Buy | Hold |
| Aug 18, 2022 | Cowen & Co. | Outperform | Outperform | Hold |
| Aug 15, 2022 | Bernstein | Overweight | Overweight | Hold |
| Aug 03, 2022 | UBS | Neutral | Neutral | Hold |
| Aug 03, 2022 | KeyBanc | Sector Weight | Sector Weight | Hold |
| Aug 03, 2022 | BMO Capital | Outperform | Outperform | Hold |
| Aug 03, 2022 | Wedbush | Neutral | Neutral | Hold |
| Aug 03, 2022 | Jefferies | Buy | Buy | Hold |
| Jul 25, 2022 | Deutsche Bank | Buy | Buy | Hold |
| May 12, 2022 | Stifel Nicolaus | Hold | Hold | Hold |
| Apr 29, 2022 | UBS | Hold | Hold | Hold |
| Apr 26, 2022 | Zacks Investment Research | Sell | Downgrade | |
| Apr 26, 2022 | Oppenheimer | Market Perform | Downgrade | |
| Apr 26, 2022 | Wedbush | Hold | Neutral | Downgrade |
| Apr 25, 2022 | BTIG | Buy | Buy | Hold |
| Apr 25, 2022 | MKM Partners | Buy | Buy | Hold |
| Apr 25, 2022 | Wedbush | Hold | Downgrade | |
| Apr 09, 2022 | BMO Capital | Outperform | Outperform | Hold |
| Mar 27, 2022 | Jefferies | Buy | Buy | Hold |
| Mar 20, 2022 | Credit Suisse | Outperform | Outperform | Hold |
| Feb 06, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Jan 02, 2022 | Tigress Financial | Buy | Buy | Hold |
| Dec 12, 2021 | MKM Partners | Buy | Upgrade | |
| Jun 19, 2021 | Tigress Financial | Buy | Buy | Hold |
| Apr 28, 2021 | Bernstein | Overweight | Overweight | Hold |
| Apr 11, 2021 | Atlantic Equities | Overweight | Initialise |
Starbucks's last stock rating was published by Citigroup on Jan 27, 2025. The company gave SBUX a "Buy" rating, the same as its previous rate.
Starbucks Financial Forecast
Starbucks Revenue Forecast
Quarter
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.43B | $9.37B | $9.17B | $8.72B | $8.05B | $8.41B | $8.15B | $7.64B | - | $8.15B | $7.50B | $6.67B | $6.75B | $6.20B | $4.22B |
| Avg Forecast | $11.05B | $11.09B | $10.21B | $10.82B | $10.25B | $10.24B | $9.42B | $9.98B | $9.54B | $9.55B | $8.79B | $9.33B | $9.20B | $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 |
| High Forecast | $11.31B | $11.35B | $10.46B | $11.08B | $10.50B | $10.48B | $9.64B | $10.22B | $9.77B | $9.77B | $9.02B | $9.54B | $9.31B | $9.25B | $9.12B | $9.83B | $9.38B | $9.51B | $8.61B | $9.02B | $8.32B | $8.15B | $7.62B | $7.98B | $8.21B | $7.29B | $6.78B | $6.91B | $6.06B | $4.10B |
| Low Forecast | $10.88B | $10.92B | $10.06B | $10.66B | $10.10B | $10.08B | $9.27B | $9.83B | $9.40B | $9.40B | $8.64B | $9.19B | $9.09B | $9.25B | $9.12B | $9.45B | $9.18B | $9.15B | $8.28B | $8.55B | $8.32B | $8.15B | $7.62B | $7.98B | $8.21B | $7.29B | $6.78B | $6.91B | $6.06B | $4.10B |
| # Analysts | 8 | 8 | 8 | 12 | 8 | 8 | 8 | 11 | 7 | 7 | 16 | 17 | 14 | 8 | 9 | 8 | 17 | 16 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 7 | 5 | 5 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.01% | 0.99% | 1.04% | 0.92% | 1.01% | 1.00% | 1.00% | - | 0.99% | 1.03% | 0.98% | 0.98% | 1.02% | 1.03% |
Forecast
Starbucks's average Quarter revenue forecast for Mar 24 based on 9 analysts is $9.12B, with a low forecast of $9.12B, and a high forecast of $9.12B. SBUX's average Quarter revenue forecast represents a -3.20% decrease compared to the company's last Quarter revenue of $9.43B (Dec 23).
Starbucks EBITDA Forecast
Quarter
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 12 | 8 | 8 | 8 | 11 | 7 | 7 | 16 | 17 | 14 | 8 | 9 | 8 | 17 | 16 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 7 | 5 | 5 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.90B | $2.11B | $1.67B | $1.63B | $1.56B | $1.62B | $1.72B | $1.39B | - | $2.75B | $1.90B | $1.39B | $1.32B | $946.40M | $-314.40M |
| Avg Forecast | $2.17B | $2.18B | $2.00B | $2.12B | $2.01B | $2.01B | $1.85B | $1.96B | $1.87B | $1.87B | $1.73B | $1.83B | $1.81B | $1.82B | $1.68B | $1.88B | $1.82B | $1.82B | $1.52B | $1.89B | $1.65B | $1.61B | $1.39B | $1.58B | $1.62B | $1.44B | $1.15B | $1.37B | $1.20B | $810.12M |
| High Forecast | $2.22B | $2.23B | $2.05B | $2.17B | $2.06B | $2.06B | $1.89B | $2.00B | $1.92B | $1.92B | $1.77B | $1.87B | $1.83B | $1.82B | $2.01B | $1.93B | $1.84B | $1.87B | $1.83B | $2.27B | $1.65B | $1.61B | $1.66B | $1.58B | $1.62B | $1.44B | $1.38B | $1.37B | $1.20B | $810.12M |
| Low Forecast | $2.13B | $2.14B | $1.97B | $2.09B | $1.98B | $1.98B | $1.82B | $1.93B | $1.84B | $1.84B | $1.70B | $1.80B | $1.78B | $1.82B | $1.34B | $1.85B | $1.80B | $1.80B | $1.22B | $1.51B | $1.65B | $1.61B | $1.11B | $1.58B | $1.62B | $1.44B | $922.77M | $1.37B | $1.20B | $810.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.16% | 0.91% | 1.07% | 0.83% | 0.98% | 1.07% | 1.00% | - | 1.69% | 1.32% | 1.20% | 0.96% | 0.79% | -0.39% |
Forecast
9 analysts predict SBUX's average Quarter EBITDA for Mar 24 to be $1.68B, with a high of $2.01B and a low of $1.34B. This is -11.90% lower than Starbucks's previous annual EBITDA (Dec 23) of $1.90B.
Starbucks Net Income Forecast
Quarter
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 12 | 8 | 8 | 8 | 11 | 7 | 7 | 16 | 17 | 14 | 8 | 9 | 8 | 17 | 16 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 7 | 5 | 5 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.02B | $1.22B | $1.14B | $908.30M | $816.10M | $878.30M | $912.90M | $674.50M | - | $1.76B | $1.15B | $659.40M | $622.20M | $392.60M | $-678.40M |
| Avg Forecast | $1.30B | $1.38B | $978.77M | $1.12B | $1.22B | $1.24B | $871.81M | $996.86M | $1.03B | $1.07B | $668.01M | $765.21M | $988.39M | $1.06B | $816.14M | $1.06B | $1.11B | $1.08B | $741.95M | $987.24M | $820.38M | $870.99M | $674.50M | $905.46M | $1.13B | $886.61M | $547.43M | $628.19M | $354.35M | $-644.28M |
| High Forecast | $1.35B | $1.42B | $1.01B | $1.16B | $1.26B | $1.28B | $898.90M | $1.03B | $1.07B | $1.10B | $714.89M | $927.52M | $1.02B | $1.06B | $979.37M | $1.09B | $1.12B | $1.12B | $890.34M | $1.18B | $820.38M | $870.99M | $809.40M | $905.46M | $1.13B | $886.61M | $656.91M | $628.19M | $354.35M | $-644.28M |
| Low Forecast | $1.28B | $1.35B | $959.39M | $1.10B | $1.19B | $1.22B | $854.54M | $977.12M | $1.01B | $1.04B | $609.42M | $684.05M | $968.82M | $1.06B | $652.92M | $1.04B | $1.03B | $1.06B | $593.56M | $789.79M | $820.38M | $870.99M | $539.60M | $905.46M | $1.13B | $886.61M | $437.94M | $628.19M | $354.35M | $-644.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.10% | 1.05% | 1.22% | 0.83% | 1.07% | 1.05% | 1.00% | - | 1.56% | 1.30% | 1.20% | 0.99% | 1.11% | 1.05% |
Forecast
Starbucks's average Quarter net income forecast for Mar 24 is $816.14M, with a range of $652.92M to $979.37M. SBUX's average Quarter net income forecast represents a -20.33% decrease compared to the company's last Quarter net income of $1.02B (Dec 23).
Starbucks SG&A Forecast
Quarter
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 12 | 8 | 8 | 8 | 11 | 7 | 7 | 16 | 17 | 14 | 8 | 9 | 8 | 17 | 16 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 7 | 5 | 5 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $648.00M | $635.80M | $604.30M | $620.40M | $525.80M | $538.00M | $486.70M | $481.50M | - | $501.20M | $494.90M | $464.40M | $472.10M | $439.00M | $399.90M |
| Avg Forecast | $747.86M | $750.86M | $691.41M | $732.75M | $694.28M | $693.02M | $637.56M | $675.54M | $646.22M | $646.38M | $595.33M | $631.99M | $622.80M | $626.22M | $582.62M | $649.80M | $629.00M | $628.97M | $529.65M | $636.22M | $562.00M | $549.95M | $481.50M | $539.09M | $554.63M | $492.04M | $385.54M | $466.39M | $409.30M | $276.52M |
| High Forecast | $765.74M | $768.81M | $707.94M | $750.27M | $710.88M | $709.59M | $652.81M | $691.69M | $661.67M | $661.83M | $610.91M | $646.26M | $630.35M | $626.22M | $699.14M | $665.33M | $635.14M | $644.00M | $635.58M | $763.46M | $562.00M | $549.95M | $577.80M | $539.09M | $554.63M | $492.04M | $462.65M | $466.39M | $409.30M | $276.52M |
| Low Forecast | $736.47M | $739.42M | $680.87M | $721.59M | $683.70M | $682.46M | $627.85M | $665.25M | $636.38M | $636.53M | $585.17M | $622.47M | $615.25M | $626.22M | $466.09M | $639.90M | $621.49M | $619.38M | $423.72M | $508.97M | $562.00M | $549.95M | $385.20M | $539.09M | $554.63M | $492.04M | $308.43M | $466.39M | $409.30M | $276.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 0.96% | 1.17% | 0.83% | 0.96% | 0.88% | 1.00% | - | 0.90% | 1.01% | 1.20% | 1.01% | 1.07% | 1.45% |
Forecast
Starbucks's average Quarter SG&A projection for Mar 24 is $582.62M, based on 9 Wall Street analysts, with a range of $466.09M to $699.14M. The forecast indicates a -10.09% fall compared to SBUX last annual SG&A of $648.00M (Dec 23).
Starbucks EPS Forecast
Quarter
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 12 | 8 | 8 | 8 | 11 | 7 | 7 | 16 | 17 | 14 | 8 | 9 | 8 | 17 | 16 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 7 | 5 | 5 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.90 | $1.06 | $1.00 | $0.79 | $0.71 | $0.77 | $0.80 | $0.59 | - | $1.50 | $0.98 | $0.56 | $0.53 | $0.33 | $-0.58 |
| Avg Forecast | $1.15 | $1.21 | $0.86 | $0.99 | $1.07 | $1.09 | $0.77 | $0.88 | $0.91 | $0.94 | $0.59 | $0.67 | $0.87 | $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 |
| High Forecast | $1.18 | $1.25 | $0.89 | $1.02 | $1.10 | $1.13 | $0.79 | $0.90 | $0.94 | $0.96 | $0.63 | $0.81 | $0.90 | $0.93 | $0.80 | $0.96 | $0.98 | $0.98 | $0.67 | $0.80 | $0.72 | $0.77 | $0.60 | $0.80 | $0.99 | $0.78 | $0.53 | $0.55 | $0.31 | $-0.57 |
| Low Forecast | $1.12 | $1.19 | $0.84 | $0.97 | $1.05 | $1.07 | $0.75 | $0.86 | $0.89 | $0.92 | $0.54 | $0.60 | $0.85 | $0.93 | $0.80 | $0.91 | $0.90 | $0.93 | $0.64 | $0.75 | $0.72 | $0.77 | $0.60 | $0.80 | $0.99 | $0.78 | $0.53 | $0.55 | $0.31 | $-0.57 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.09% | 1.05% | 1.22% | 0.92% | 1.07% | 1.04% | 0.99% | - | 1.51% | 1.26% | 1.05% | 0.96% | 1.07% | 1.02% |
Forecast
According to 9 Wall Street analysts, Starbucks's projected average Quarter EPS for Mar 24 is $0.80, with a low estimate of $0.80 and a high estimate of $0.80. This represents a -11.52% decrease compared to SBUX previous annual EPS of $0.90 (Dec 23).
Starbucks Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PZZA | Papa John's | $38.87 | $58.50 | 50.50% | Buy |
| WING | Wingstop | $303.70 | $421.89 | 38.92% | Buy |
| QSR | Restaurant Brands | $61.99 | $79.33 | 27.97% | Buy |
| WEN | Wendy's | $14.82 | $18.35 | 23.82% | Buy |
| YUM | Yum! Brands | $129.17 | $152.50 | 18.06% | Hold |
| DPZ | Domino's Pizza | $427.78 | $481.87 | 12.64% | Buy |
| MCD | McDonald's | $290.11 | $319.53 | 10.14% | Buy |
| CMG | Chipotle Mexican Grill | $58.27 | $64.00 | 9.83% | Buy |
| YUMC | Yum China | $45.49 | $48.40 | 6.40% | Buy |
| SHAK | Shake Shack | $120.02 | $124.11 | 3.41% | Hold |
| DRI | Darden Restaurants | $193.80 | $191.61 | -1.13% | Buy |
| SBUX | Starbucks | $108.58 | $103.59 | -4.60% | Buy |