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Starbucks (SBUX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SBUX Stock Forecast

Starbucks stock forecast is as follows: an average price target of $103.38 (represents a 17.93% upside from SBUX’s last price of $87.67) 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 $103.38 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 17.93% upside from SBUX's last price of $87.67.

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%), 20 'Buy' (60.61%), 10 'Hold' (30.30%), 3 'Sell' (9.09%), and 0 'Strong Sell' (0.00%).

Starbucks Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 15, 2024Logan ReichRBC Capital$115.00$99.2315.89%31.18%
Oct 31, 2024Arun SundaramCFRA$103.00$97.705.42%17.49%
Oct 23, 2024Arun SundaramCFRA$104.00$97.656.50%18.63%
Oct 23, 2024Chris O'CullStifel Nicolaus$105.00$96.828.45%19.77%
Oct 23, 2024Dennis GeigerUBS$95.00$96.82-1.88%8.37%
Oct 23, 2024Gregory FrancfortGuggenheim$93.00$96.82-3.95%6.09%
Oct 23, 2024Christine ChoGoldman Sachs$105.00$96.828.45%19.77%
Oct 23, 2024Jon TowerCitigroup$96.00$96.82-0.85%9.51%
Oct 23, 2024Lauren SilbermanDeutsche Bank$120.00$96.8223.94%36.88%
Oct 22, 2024Sara SenatoreBank of America Securities$117.00$96.2321.58%33.46%
Oct 17, 2024Peter SalehBTIG$115.00$95.8120.03%31.18%
Oct 07, 2024Jon TowerCitigroup$99.00$96.093.03%12.93%
Sep 26, 2024Charles NeivertPiper Sandler$132.50$48.63172.47%51.14%
Sep 26, 2024Danilo GargiuloBernstein$115.00$97.3618.12%31.18%
Sep 24, 2024Andy BarishJefferies$76.00$95.48-20.40%-13.31%
Aug 14, 2024Ghansham PanjabiRobert W. Baird$70.00$92.56-24.37%-20.15%
Aug 14, 2024Jon TowerCitigroup$98.00$95.902.19%11.79%
Aug 14, 2024David PalmerEvercore ISI$120.00$95.9025.13%36.88%
Aug 14, 2024Chris O'CullStifel Nicolaus$110.00$95.9014.70%25.48%
Aug 13, 2024Brian MullanPiper Sandler$103.00$95.907.40%17.49%
Aug 13, 2024David TarantinoRobert W. Baird$110.00$95.9014.70%25.48%
Jul 31, 2024Nick SetyanWedbush$80.00$79.151.07%-8.74%
Jul 22, 2024Andrew StrelzikBMO Capital$100.00$76.5530.63%14.07%
Jun 13, 2024Christine ChoGoldman Sachs$110.00$79.3838.57%25.48%
May 06, 2024Brian MullanPiper Sandler$85.00$73.1116.26%-3.04%
May 03, 2024Meredith Prichard JensenHSBC$84.00$74.9312.10%-4.18%
May 01, 2024Dennis GeigerUBS$85.00$88.49-3.94%-3.04%
May 01, 2024Peter SalehBTIG$100.00$88.4913.01%14.07%
Apr 18, 2024Gregory FrancfortGuggenheim$91.00$86.215.56%3.80%
Apr 12, 2024Brian HarbourMorgan Stanley$115.00$85.9033.88%31.18%
Apr 11, 2024Chris O'CullStifel Nicolaus$90.00$85.954.71%2.66%
Apr 01, 2024Bonnie HerzogWells Fargo$105.00$91.3914.89%19.77%
Mar 18, 2024David TarantinoRobert W. Baird$100.00$91.019.88%14.07%
Feb 01, 2024Gregory FrancfortGuggenheim$100.00$92.757.82%14.07%
Jan 31, 2024Nick SetyanWedbush$75.00$93.54-19.82%-14.45%
Jan 16, 2024Brian HarbourMorgan Stanley$120.00$92.7029.45%36.88%
Nov 02, 2023Jon TowerCitigroup$100.00$91.359.47%14.07%
Nov 02, 2023Brian MullanDeutsche Bank$118.00$91.3529.17%34.60%
Nov 02, 2023Dennis GeigerUBS$100.00$91.359.47%14.07%
Nov 01, 2023Brian HarbourMorgan Stanley$102.00$91.3511.66%16.35%
Aug 02, 2023Nick SetyanWedbush$105.00$103.771.19%19.77%
Aug 01, 2023Joshua LangStephens$110.00$100.479.49%25.48%
Aug 01, 2023Nick SetyanWedbush$112.00$100.4711.48%27.76%
Aug 01, 2023Christopher CarrillRBC Capital$109.00$100.478.50%24.34%
Aug 01, 2023Brian HarbourMorgan Stanley$104.00$100.473.52%18.63%
Feb 06, 2023Citigroup$112.00$104.657.02%27.76%
Feb 03, 2023Nick SetyanWedbush$110.00$104.305.47%25.48%
Feb 03, 2023Joshua LongStephens$91.00$104.30-12.75%3.80%
Feb 03, 2023Barclays$123.00$109.1512.69%40.31%
Feb 03, 2023Cowen & Co.$116.00$109.156.28%32.32%
Jan 04, 2023Cowen & Co.$112.00$100.8311.08%27.76%
Dec 09, 2022Joe GomesLoop Capital Markets$100.00$103.74-3.61%14.07%
Dec 05, 2022Deutsche Bank$106.00$105.050.90%20.91%
Nov 04, 2022Brian MullanDeutsche Bank$100.00$91.868.86%14.07%
Sep 15, 2022John GlassMorgan Stanley$96.00$92.114.22%9.51%
Sep 15, 2022Deutsche Bank$101.00$92.708.95%15.21%
Aug 03, 2022Nick SetyanWedbush$86.00$86.31-0.36%-1.90%
Aug 03, 2022Andrew StrelzikLoop Capital Markets$105.00$86.3121.65%19.77%
Aug 03, 2022Brian MullanDeutsche Bank$93.00$83.7111.10%6.09%
Jul 25, 2022Brian MullanDeutsche Bank$91.00$83.598.86%3.80%
May 04, 2022Nick SetyanWedbush$81.00$79.861.43%-7.60%
May 04, 2022Morgan Stanley$87.00$78.6610.61%-0.76%
May 04, 2022RBC Capital$85.00$78.777.91%-3.04%
May 04, 2022Barclays$94.00$74.3326.46%7.23%
May 04, 2022Piper Sandler$80.00$74.337.63%-8.74%
May 04, 2022Cowen & Co.$94.00$74.3326.46%7.23%
May 03, 2022Chris O`CullStifel Nicolaus$84.00$74.3313.01%-4.18%
Apr 29, 2022Dennis GeigerUBS$86.00$76.5812.30%-1.90%
Apr 25, 2022Peter SalehBTIG$110.00$77.7541.47%25.48%
Apr 25, 2022Jeffrey BernsteinBarclays$108.00$77.9238.60%23.20%
Apr 25, 2022Brett LevyMKM Partners$105.00$77.9234.75%19.77%
Apr 17, 2022Jon TowerCitigroup$91.00$79.5014.47%3.80%
Apr 09, 2022Nick SetyanWedbush$91.00$81.5211.63%3.80%
Apr 09, 2022Andrew StrelzikBMO Capital$115.00$81.5241.07%31.18%
Mar 27, 2022Andy BarishJefferies$130.00$87.4548.66%48.29%
Mar 20, 2022Lauren SilbermanCredit Suisse$122.00$89.6036.16%39.17%
Mar 16, 2022David TarantinoRobert W. Baird$95.00$87.418.68%8.37%
Mar 16, 2022James RutherfordStephens$125.00$87.4143.00%42.59%
Mar 16, 2022John IvankoeJ.P. Morgan$101.00$87.4115.55%15.21%
Feb 03, 2022Brian MullanDeutsche Bank$116.00$95.4621.52%32.32%
Feb 02, 2022Nicole Miller ReganPiper Sandler$100.00$97.242.84%14.07%
Feb 02, 2022Jeff BernsteinBarclays$125.00$97.2428.55%42.59%
Feb 02, 2022Chris O`CullStifel Nicolaus$112.00$97.2415.18%27.76%
Feb 02, 2022Dennis GeigerUBS$105.00$97.247.98%19.77%
Feb 02, 2022Wendy NicholsonCitigroup$120.00$97.2423.41%36.88%
Feb 02, 2022Christopher CarrilRBC Capital$108.00$97.2411.07%23.20%
Feb 02, 2022Jared GarberGoldman Sachs$106.00$97.249.01%20.91%
Jan 18, 2022Sara SenatoreBank of America Securities$135.00$97.2438.83%54.00%
Dec 28, 2021Ivan FeinsethTigress Financial$136.00$114.9918.27%55.14%
Oct 28, 2021Jon TowerWells Fargo$122.00$112.148.79%39.17%
Sep 30, 2021Edward LewisAtlantic Equities$105.00$109.28-3.92%19.77%

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 31.18% increase from SBUX last price ($87.67).

Starbucks Price Target by Period

1M3M12M
# Anlaysts-1536
Avg Price Target-$106.03$101.15
Last Closing Price$87.67$87.67$87.67
Upside/Downside-100.00%20.95%15.38%

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 $87.67. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024CFRABuyReduceDowngrade
Oct 31, 2024CitigroupNeutralNeutralHold
Oct 31, 2024BarclaysOverweightOverweightHold
Oct 23, 2024Bank of America SecuritiesBuyBuyHold
Oct 23, 2024CFRABuyBuyHold
Oct 23, 2024JefferiesUnderperformUnderperformHold
Oct 23, 2024Cowen & Co.BuyBuyHold
Oct 23, 2024UBSNeutralNeutralHold
Oct 23, 2024GuggenheimNeutralNeutralHold
Oct 23, 2024Goldman SachsBuyBuyHold
Oct 23, 2024Deutsche BankBuyBuyHold
Oct 17, 2024BTIGBuyBuyHold
Oct 16, 2024Morgan StanleyOverweightOverweightHold
Oct 07, 2024CitigroupNeutralNeutralHold
Sep 26, 2024BernsteinOverweightOutperformUpgrade
Sep 24, 2024JefferiesBuyUnderperformDowngrade
Sep 10, 2024Cowen & Co.BuyBuyHold
Sep 09, 2024BMO CapitalOutperformOutperformHold
Aug 26, 2024OppenheimerPerformPerformHold
Aug 14, 2024William BlairMarket PerformMarket PerformHold
Aug 14, 2024CitigroupNeutralNeutralHold
Aug 14, 2024BarclaysOverweightOverweightHold
Aug 14, 2024Deutsche BankHoldBuyUpgrade
Aug 13, 2024BTIGBuyBuyHold
Aug 13, 2024Cowen & Co.HoldBuyUpgrade
Aug 13, 2024Piper SandlerNeutralOverweightUpgrade
Jul 31, 2024WedbushNeutralNeutralHold
Jul 31, 2024Morgan StanleyOverweightOverweightHold
Jul 30, 2024HSBCHoldHoldHold
Jul 30, 2024Deutsche BankHoldHoldHold
Jul 30, 2024CitigroupOverweightOverweightHold
Jul 22, 2024BMO CapitalOutperformOutperformHold
Jul 22, 2024CitigroupNeutralNeutralHold
Jul 22, 2024Cowen & Co.HoldHoldHold
Jul 22, 2024BTIGBuyBuyHold
Jul 11, 2024OTR GlobalPositiveNegativeDowngrade
Jul 10, 2024Piper SandlerNeutralNeutralHold
Jul 10, 2024WedbushNeutralNeutralHold
Jun 13, 2024Goldman SachsNeutralBuyInitialise
May 13, 2024Bank of America SecuritiesBuyBuyHold
May 06, 2024Piper SandlerNeutralNeutralHold
May 03, 2024HSBCHoldHoldHold
May 01, 2024UBSNeutralNeutralHold
May 01, 2024BTIGBuyBuyHold
May 01, 2024Deutsche BankBuyHoldDowngrade
May 01, 2024William BlairOutperformMarket PerformDowngrade
Apr 18, 2024GuggenheimBuyBuyHold
Apr 12, 2024CitigroupNeutralNeutralHold
Apr 12, 2024Morgan StanleyOverweightOverweightHold
Apr 09, 2024Piper SandlerNeutralNeutralHold
Apr 01, 2024Wells FargoOverweightOverweightHold
Feb 01, 2024GuggenheimNeutralNeutralHold
Jan 31, 2024KeyBancSector WeightSector WeightHold
Jan 31, 2024William BlairOutperformOutperformHold
Jan 31, 2024StephensEqual-WeightEqual-WeightHold
Jan 31, 2024WedbushNeutralNeutralHold
Jan 31, 2024BernsteinOverweightOverweightHold
Jan 16, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Nov 02, 2023Wells FargoOverweightOverweightHold
Nov 02, 2023WedbushNeutralNeutralHold
Nov 02, 2023CitigroupNeutralNeutralHold
Nov 02, 2023UBSNeutralNeutralHold
Sep 19, 2023Cowen & Co.OutperformMarket PerformDowngrade
Aug 02, 2023William BlairOutperformOutperformHold
Aug 02, 2023StephensEqual-WeightEqual-WeightHold
Aug 02, 2023OppenheimerPerformPerformHold
Aug 02, 2023WedbushNeutralNeutralHold
Aug 01, 2023Wells FargoOverweightOverweightHold
Aug 01, 2023Evercore ISIOutperformOutperformHold
Aug 01, 2023CitigroupNeutralNeutralHold
May 03, 2023RBC CapitalSector PerformSector PerformHold
May 03, 2023WedbushNeutralNeutralHold
May 03, 2023William BlairOutperformOutperformHold
May 03, 2023KeyBancSector WeightSector WeightHold
Apr 10, 2023OTR GlobalPositiveUpgrade
Apr 10, 2023WedbushNeutralOutperformInitialise
Apr 10, 2023BenchmarkBuyUpgrade
Apr 10, 2023Evercore ISIOutperformUpgrade
Apr 10, 2023Credit SuisseMarket OutperformOutperformUpgrade
Apr 10, 2023Loop Capital MarketsBuyUpgrade
Apr 10, 2023SusquehannaPositiveUpgrade
Apr 10, 2023Goldman SachsNeutralDowngrade
Apr 10, 2023ScotiabankPerformDowngrade
Feb 06, 2023CitigroupNeutralNeutralHold
Feb 03, 2023StephensEqual-WeightEqual-WeightHold
Feb 03, 2023Credit SuisseMarket OutperformMarket OutperformHold
Feb 03, 2023KeyBancSector WeightSector WeightHold
Feb 03, 2023Credit SuisseOutperformOutperformHold
Feb 03, 2023Cowen & Co.OutperformOutperformHold
Jan 05, 2023BarclaysOverweightOverweightHold
Jan 04, 2023Cowen & Co.OutperformOutperformHold
Dec 09, 2022Noble Capital MarketsOutperformInitialise
Nov 04, 2022StephensEqual-WeightEqual-WeightHold
Nov 04, 2022BMO CapitalOutperformOutperformHold
Nov 04, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Nov 04, 2022CitigroupNeutralNeutralHold
Nov 04, 2022Credit SuisseOutperformOutperformHold
Nov 04, 2022WedbushNeutralNeutralHold
Oct 28, 2022BarclaysOverweightOverweightHold
Sep 15, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Sep 15, 2022Deutsche BankBuyBuyHold
Sep 07, 2022CitigroupBuyBuyHold
Aug 18, 2022Cowen & Co.OutperformOutperformHold
Aug 15, 2022BernsteinOverweightOverweightHold
Aug 03, 2022UBSNeutralNeutralHold
Aug 03, 2022KeyBancSector WeightSector WeightHold
Aug 03, 2022BMO CapitalOutperformOutperformHold
Aug 03, 2022WedbushNeutralNeutralHold
Aug 03, 2022JefferiesBuyBuyHold
Jul 25, 2022Deutsche BankBuyBuyHold
May 12, 2022Stifel NicolausHoldHoldHold
Apr 29, 2022UBSHoldHoldHold
Apr 26, 2022Zacks Investment ResearchSellDowngrade
Apr 26, 2022OppenheimerMarket PerformDowngrade
Apr 26, 2022WedbushHoldNeutralDowngrade
Apr 25, 2022BTIGBuyBuyHold
Apr 25, 2022MKM PartnersBuyBuyHold
Apr 25, 2022WedbushHoldDowngrade
Apr 09, 2022BMO CapitalOutperformOutperformHold
Mar 27, 2022JefferiesBuyBuyHold
Mar 20, 2022Credit SuisseOutperformOutperformHold
Feb 06, 2022Deutsche BankBuyBuyHold
Jan 02, 2022Tigress FinancialBuyBuyHold
Dec 12, 2021MKM PartnersBuyUpgrade
Jun 19, 2021Tigress FinancialBuyBuyHold
Apr 28, 2021BernsteinOverweightOverweightHold
Apr 11, 2021Atlantic EquitiesOverweightInitialise

Starbucks's last stock rating was published by CFRA on Oct 31, 2024. The company Downgrade its SBUX rating from "Buy" to "Reduce".

Starbucks Financial Forecast

Starbucks Revenue Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 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$11.07B$11.11B$10.23B$10.85B$10.26B$10.24B$9.42B$9.98B$9.58B$9.56B$8.81B$9.34B$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$11.35B$11.40B$10.50B$11.13B$10.53B$10.51B$9.67B$10.24B$9.83B$9.81B$9.01B$9.50B$9.31B$9.25B$9.12B$9.85B$9.38B$9.53B$8.63B$9.02B$8.32B$8.15B$7.62B$7.98B$8.21B$7.29B$6.78B$6.91B$6.06B$4.10B
Low Forecast$10.76B$10.81B$9.95B$10.55B$9.98B$9.96B$9.16B$9.71B$9.31B$9.29B$8.65B$9.17B$9.09B$9.25B$9.12B$9.33B$9.18B$9.03B$8.18B$8.55B$8.32B$8.15B$7.62B$7.98B$8.21B$7.29B$6.78B$6.91B$6.06B$4.10B
# Analysts91581681181177171714898171687712714897559
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%

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

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts91581681181177171714898171687712714897559
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$2.46B$2.47B$2.28B$2.41B$2.28B$2.28B$2.10B$2.22B$2.13B$2.13B$1.96B$2.08B$2.05B$2.06B$1.68B$2.13B$2.07B$2.07B$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$2.53B$2.54B$2.34B$2.48B$2.34B$2.34B$2.15B$2.28B$2.19B$2.18B$2.00B$2.11B$2.07B$2.06B$2.01B$2.19B$2.09B$2.12B$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$2.39B$2.40B$2.21B$2.35B$2.22B$2.22B$2.04B$2.16B$2.07B$2.07B$1.92B$2.04B$2.02B$2.06B$1.34B$2.08B$2.04B$2.01B$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 %---------------0.89%1.02%0.81%1.07%0.83%0.98%1.07%1.00%-1.69%1.32%1.20%0.96%0.79%-0.39%

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

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts91581681181177171714898171687712714897559
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$1.29B$1.37B$964.87M$1.11B$1.22B$1.24B$870.91M$996.37M$1.04B$1.07B$673.82M$773.76M$987.44M$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$1.34B$1.42B$997.49M$1.14B$1.26B$1.28B$900.35M$1.03B$1.07B$1.11B$842.27M$973.06M$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$1.25B$1.32B$930.12M$1.07B$1.17B$1.20B$839.54M$960.48M$1.00B$1.03B$595.21M$691.69M$951.87M$1.06B$652.92M$1.02B$1.03B$1.04B$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%

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

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts91581681181177171714898171687712714897559
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$749.29M$752.54M$692.92M$734.40M$694.67M$693.48M$637.98M$675.99M$648.47M$647.25M$596.50M$632.62M$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$768.77M$772.11M$710.94M$753.50M$712.73M$711.51M$654.57M$693.57M$665.34M$664.08M$609.99M$643.47M$630.35M$626.22M$699.14M$666.70M$635.14M$645.32M$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$728.53M$731.69M$673.73M$714.05M$675.42M$674.27M$620.31M$657.26M$630.51M$629.32M$585.70M$621.09M$615.25M$626.22M$466.09M$631.80M$621.49M$611.54M$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%

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

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts91581681181177171714898171687712714897559
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$1.14$1.20$0.85$0.97$1.07$1.09$0.77$0.88$0.91$0.94$0.59$0.68$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$1.24$0.88$1.01$1.11$1.13$0.79$0.91$0.94$0.97$0.74$0.86$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$1.10$1.16$0.82$0.94$1.03$1.05$0.74$0.84$0.88$0.91$0.52$0.61$0.84$0.93$0.80$0.90$0.90$0.92$0.63$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%

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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
WINGWingstop$295.84$419.0041.63%Buy
PZZAPapa John's$41.96$58.5039.42%Buy
QSRRestaurant Brands$67.48$83.0023.00%Buy
DRIDarden Restaurants$165.46$189.2114.35%Buy
WENWendy's Company$17.06$19.2212.66%Buy
SBUXStarbucks$92.09$103.3812.26%Buy
DPZDomino's Pizza$446.74$488.719.39%Buy
YUMYum! Brands$134.73$145.868.26%Buy
MCDMcDonald's$296.08$314.176.11%Buy
YUMCYum China$49.68$50.301.25%Buy
CMGChipotle Mexican Grill$64.29$63.81-0.75%Buy
SHAKShake Shack$129.19$119.00-7.89%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 20 'Buy' recommendations, accounting for 60.61% of SBUX's total ratings.

What is SBUX's price target?

Starbucks (SBUX) average price target is $103.38 with a range of $70 to $132.5, implying a 17.93% from its last price of $87.67. 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 17.93% (from the last price of $87.67 to the average price target of $103.38), up by 51.14% based on the highest stock price target, and down by -20.15% based on the lowest stock price target.

Can Starbucks stock reach $130?

SBUX's highest twelve months analyst stock price target of $132.5 supports the claim that Starbucks can reach $130 in the near future.

What are Starbucks's analysts' financial forecasts?

Starbucks's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $39.91B (high $40.95B, low $38.8B), average EBITDA is $8.88B (high $9.11B, low $8.63B), average net income is $4.33B (high $4.47B, low $4.17B), average SG&A $2.7B (high $2.77B, low $2.63B), and average EPS is $3.8 (high $3.93, low $3.67). SBUX's analysts financial forecasts for the fiscal year (Sep 2027) are as follows: average revenue is $43.26B (high $44.39B, low $42.06B), average EBITDA is $9.62B (high $9.87B, low $9.36B), average net income is $4.74B (high $4.9B, low $4.57B), average SG&A $2.93B (high $3.01B, low $2.85B), and average EPS is $4.16 (high $4.31, low $4.01).

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, missing the average prediction of $7.55B by -2.87%. The company's net income was $4.12B, beating the average estimation of $3.92B by 5.28%. Apple's SG&A was $2.44B, beating the average forecast of $2.42B by 0.72%. 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, missing the average prediction of $2.13B by -10.82%. Starbucks's net income was $1.02B, missing the average estimation of $1.06B by -3.23%. The company's SG&A was $648M, missing the average forecast of $649.8M by -0.28%. Lastly, the company's EPS was $0.9, missing the average prediction of $0.931 by -3.31%