Starbucks (SBUX) Stock Forecast, Price Target & Predictions


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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


The average price target for Starbucks (SBUX) is $106.70 based on 1-year price targets from 33 Wall Street analysts in the past 3 months, with a price target range of $136.00 to $70.00. This represents a potential 8.25% upside from SBUX's last price of $98.57.

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%), 9 'Hold' (27.27%), 2 'Sell' (6.06%), and 0 'Strong Sell' (0.00%).

Starbucks Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 14, 2024Ghansham PanjabiRobert W. Baird$70.00$92.56-24.37%-28.98%
Aug 14, 2024Jon TowerCitigroup$98.00$95.902.19%-0.58%
Aug 14, 2024David PalmerEvercore ISI$120.00$95.9025.13%21.74%
Aug 14, 2024Chris O'CullStifel Nicolaus$110.00$95.9014.70%11.60%
Aug 13, 2024Brian MullanPiper Sandler$103.00$95.907.40%4.49%
Aug 13, 2024David TarantinoRobert W. Baird$110.00$95.9014.70%11.60%
Jul 31, 2024Nick SetyanWedbush$80.00$79.151.07%-18.84%
Jul 22, 2024Andrew StrelzikBMO Capital$100.00$76.5530.63%1.45%
Jun 13, 2024Christine ChoGoldman Sachs$110.00$79.3838.57%11.60%
May 06, 2024Brian MullanPiper Sandler$85.00$73.1116.26%-13.77%
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The latest Starbucks stock forecast, released on Aug 14, 2024 by Ghansham Panjabi from Robert W. Baird, set a price target of $70.00, which represents a -24.37% decrease from the stock price at the time of the forecast ($92.56), and a -28.98% decrease from SBUX last price ($98.57).

Starbucks Price Target by Period


1M3M12M
# Anlaysts-825
Avg Price Target-$98.88$98.84
Last Closing Price$98.57$98.57$98.57
Upside/Downside-100.00%0.31%0.27%

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 $98.57. 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
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
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Starbucks's last stock rating was published by Cowen & Co. on Sep 10, 2024. The company gave SBUX a "Buy" rating, the same as its previous rate.

Starbucks Financial Forecast


Starbucks Revenue Forecast

Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 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
# Analysts8891277813168108178877137158107787109611
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's average Quarter revenue forecast for Mar 24 based on 10 analysts is $9.12B, with a low forecast of $8.98B, and a high forecast of $9.37B. 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 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
# Analysts8891277813168108178877137158107787109611
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%

10 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 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
# Analysts8891277813168108178877137158107787109611
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'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 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
# Analysts8891277813168108178877137158107787109611
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's average Quarter SG&A projection for Mar 24 is $582.62M, based on 10 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 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
# Analysts8891277813168108178877137158107787109611
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%

According to 10 Wall Street analysts, Starbucks's projected average Quarter EPS for Mar 24 is $0.80, with a low estimate of $0.78 and a high estimate of $0.82. 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
YUMCYum China$34.90$68.7296.91%Buy
PZZAPapa John's$49.60$82.8967.12%Buy
WENWendy's Company$17.57$23.1131.53%Buy
DPZDomino's Pizza$402.52$492.7522.42%Buy
QSRRestaurant Brands$69.18$78.3213.21%Buy
SBUXStarbucks$98.57$106.708.25%Buy
YUMYum! Brands$133.65$144.588.18%Buy
MCDMcDonald's$296.53$312.885.51%Buy
SHAKShake Shack$102.05$101.71-0.33%Hold
DRIDarden Restaurants$160.25$159.00-0.78%Buy
CMGChipotle Mexican Grill$56.12$55.52-1.07%Buy
WINGWingstop$394.81$297.53-24.64%Hold

SBUX Forecast FAQ


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.

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.

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.

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.

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).

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%