Q2 2026 EPS Estimates for Starbucks Co. (NASDAQ:SBUX) Cut by Analyst

Starbucks Co. (NASDAQ:SBUX) – Equities researchers at Zacks Research reduced their Q2 2026 earnings per share (EPS) estimates for shares of Starbucks in a note issued to investors on Monday, October 14th. Zacks Research analyst H. Ray now expects that the coffee company will earn $0.90 per share for the quarter, down from their prior estimate of $0.96. The consensus estimate for Starbucks’ current full-year earnings is $3.55 per share. Zacks Research also issued estimates for Starbucks’ Q3 2026 earnings at $1.13 EPS, Q4 2026 earnings at $1.23 EPS and FY2026 earnings at $4.31 EPS.

Several other equities research analysts have also weighed in on the company. Barclays raised their price objective on Starbucks from $93.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 14th. Morgan Stanley reissued an “overweight” rating and set a $98.00 price objective on shares of Starbucks in a research note on Wednesday, July 31st. BMO Capital Markets raised their target price on Starbucks from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Monday, September 9th. Oppenheimer reaffirmed a “market perform” rating on shares of Starbucks in a research report on Monday, August 26th. Finally, Citigroup raised their target price on Starbucks from $98.00 to $99.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 8th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Starbucks presently has a consensus rating of “Moderate Buy” and an average target price of $101.16.

Starbucks Stock Performance

Shares of SBUX stock opened at $94.76 on Tuesday. The stock has a market cap of $107.33 billion, a PE ratio of 26.10, a price-to-earnings-growth ratio of 2.06 and a beta of 0.97. The business’s fifty day moving average is $93.28 and its 200-day moving average is $84.52. Starbucks has a 1 year low of $71.55 and a 1 year high of $107.66.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Tuesday, July 30th. The coffee company reported $0.93 EPS for the quarter, meeting the consensus estimate of $0.93. Starbucks had a negative return on equity of 49.38% and a net margin of 11.16%. The firm had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $9.25 billion. During the same period last year, the firm earned $1.00 EPS. The firm’s revenue was down .6% compared to the same quarter last year.

Insider Activity

In other news, CEO Rachel Ruggeri sold 3,290 shares of Starbucks stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $91.16, for a total value of $299,916.40. Following the sale, the chief executive officer now directly owns 62,502 shares in the company, valued at $5,697,682.32. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Michael Aaron Conway sold 3,250 shares of the business’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $94.03, for a total transaction of $305,597.50. Following the transaction, the chief executive officer now directly owns 75,054 shares in the company, valued at approximately $7,057,327.62. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Rachel Ruggeri sold 3,290 shares of Starbucks stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $91.16, for a total transaction of $299,916.40. Following the transaction, the chief executive officer now directly owns 62,502 shares of the company’s stock, valued at approximately $5,697,682.32. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.98% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Starbucks

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strategic Investment Solutions Inc. IL bought a new stake in shares of Starbucks in the second quarter valued at about $25,000. Scarborough Advisors LLC bought a new stake in shares of Starbucks in the fourth quarter valued at about $26,000. New Millennium Group LLC bought a new stake in shares of Starbucks in the second quarter valued at about $26,000. Stephens Consulting LLC boosted its position in shares of Starbucks by 498.2% in the second quarter. Stephens Consulting LLC now owns 335 shares of the coffee company’s stock valued at $26,000 after acquiring an additional 279 shares during the period. Finally, Hobbs Group Advisors LLC bought a new stake in shares of Starbucks in the second quarter valued at about $27,000. 72.29% of the stock is owned by institutional investors.

About Starbucks

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.