46 stories mentioning SBUXUpdated 7h ago
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Starbucks (SBUX) has an average rating of overweight and mean price target of $101.69, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $98.79, Change: $-0.75, Percent Change: -0.75%
Starbucks' (SBUX) North American comparable sales may exceed Wall Street's expectations for its fiscal second quarter, with the coffee giant likely to reap benefits from its strategic initiatives, UBS Securities said Tuesday in a note.Starbucks is scheduled to release its quarterly results on April 28.UBS raised its growth estimate for Starbucks' North American same-store sales to 6% from 4% amid gains in ticket and transaction. The market consensus is for an increase of 4%, according to the brokerage.Sales likely improved due to factors including menu innovation and enhanced marketing, UBS analyst Dennis Geiger wrote.The company launched its "Back to Starbucks" strategy in September 2024 to reignite traffic growth and unlock long-term margin expansion. The company's first quarter marked the first positive comparable sales in eight quarters, Tigress Financial Partners said last week.In January 2026, Starbucks guided full-year global and US same-store sales to grow at least 3%. Analysts polled by FactSet project fiscal 2026 global comparable sales to rise 3.8%.Investors are looking at the guidance possibly being raised, according to Geiger.Early this month, Starbucks formed a joint venture in China with Boyu Capital, an alternative investment firm."(Starbucks') turnaround plans and new sales initiatives should continue supporting a sales recovery," Geiger said.The stock was down 1.7% ahead of market close on Tuesday, but has rallied nearly 16% since the start of the year."We believe shares already reflect a solid (multiyear) sales and earnings recovery," Geiger said.Price: $97.86, Change: $-1.09, Percent Change: -1.10%
Starbucks' (SBUX) upcoming fiscal Q2 results are expected to show progress on initiatives to support its accelerating sales trends, with likely upside to sales, margins and earnings, UBS Securities said in a Tuesday note.The company is scheduled to report its Q2 results on April 28.UBS said it now expects Q2 North America same-store sales of 6%, up from 4% previously, compared with the consensus of 4%, and forecasts ticket growth of 1% and transaction growth of 5%.The brokerage said sales are improving with traction against strategic plans including menu innovation, new bakery lineup, continued benefits from the Green Apron Service and operational improvements, adding that it expects North America same-store sales of 5% in fiscal Q3 and 4.7% in fiscal 2026.Additionally, the investment firm said it is modeling adjusted operating margins of 8.6% for fiscal Q2, versus the consensus of 8.3%, aided by easing inflation, lapping investments and cost savings plans. For fiscal 2026, UBS expects operating margins of 10.6%.UBS has a neutral rating on the company's stock with a $100 price target.Price: $97.35, Change: $-1.60, Percent Change: -1.62%
Starbucks' (SBUX) near-term comps are benefitting from recent labor investments, store closures, and longer operating hours, but debate remains over the sustainability of mid-single-digit North America comps after these benefits are fully reflected in 2027, RBC Capital Markets said Thursday.RBC lifted its North America same-store-sales growth estimates to 5%, 114 basis points above Street consensus of 3.9%.While the firm's Q2 revenue estimate is only slightly behind consensus, its EBIT and EPS estimates are 4.3% and 6.0% below consensus, respectively, as it believes the Street is modeling year over year margin improvement too aggressively, according to the note.RBC said better comparable sales drove its Q2 revenue and EPS estimates 1.3% and 8.3% higher. The brokerage also lifted Q3 North America same-store-sales estimate by 100 basis points to 5% and lowered Q4 to 4% from 4.5%.For H2 and beyond, RBC lowered its estimates to account for the sale of China business, according to the note.RBC maintained a sector perform rating on Starbucks with a price target of $105.Price: $101.12, Change: $+2.76, Percent Change: +2.81%
Starbucks' (SBUX) turnaround efforts are delivering tangible results, as comparable sales turned positive for the first time in eight quarters in the company's fiscal first quarter, Tigress Financial Partners said Wednesday.The coffee giant launched its "Back to Starbucks" strategy in September 2024 to reignite traffic growth and unlock long-term margin expansion.The first quarter offered early evidence that the strategy is working, Tigress said in a note to clients Wednesday. In January, the company reported that revenue for the three months through December rose 5.5% year over year to $9.92 billion, surpassing the FactSet-polled consensus at the time. Global comparable store sales grew 4%."(The first quarter) marked a definitive inflection point, delivering the first US transaction growth in two years and the first positive comparable sales in eight quarters," Tigress Director of Research Ivan Feinseth said.The brokerage resumed coverage of the Starbucks stock with a buy rating and a $122 price target, saying bullish drivers include a new joint venture in China and its artificial intelligence-driven "Deep Brew" predictive inventory management platform."(Starbucks') turnaround execution, capital-efficient licensed model, historically supported multiples, and clear growth catalysts in store expansion and emerging markets will drive a reacceleration of business performance trends," Feinseth said.The company is scheduled to report second-quarter results April 28.Price: $98.83, Change: $+0.36, Percent Change: +0.37%
Starbucks (SBUX) has an average rating of hold and mean price target of $100.16, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
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