Starbucks Corp's stock rose by 8.70% in pre-market trading, reaching a 20-day high, reflecting positive investor sentiment following the company's Q1 FY2026 financial highlights.
In its latest earnings report, Starbucks announced a 3% increase in net revenues for its North America segment, amounting to $7.28 billion, driven by a 4% rise in comparable store sales. Despite a decline in operating income due to labor investments and inflationary pressures, the overall performance indicates early success of the 'Back to Starbucks' strategy. Analysts are optimistic, projecting earnings per share of 59 cents and revenue of $9.67 billion, which has contributed to the stock's upward movement amid broader market strength.
The positive sales performance and optimistic earnings forecast suggest that Starbucks is on a recovery path, bolstering investor confidence. The upcoming investor day event is expected to provide further insights into the company's long-term strategy, which could further enhance market sentiment.
Wall Street analysts forecast SBUX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SBUX is 96.12 USD with a low forecast of 59.00 USD and a high forecast of 115.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
21 Analyst Rating
Wall Street analysts forecast SBUX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SBUX is 96.12 USD with a low forecast of 59.00 USD and a high forecast of 115.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Buy
7 Hold
2 Sell
Moderate Buy
Current: 95.160
Low
59.00
Averages
96.12
High
115.00
Current: 95.160
Low
59.00
Averages
96.12
High
115.00
Wells Fargo
Zachary Fadem
Overweight
maintain
$105 -> $110
2026-01-28
New
Reason
Wells Fargo
Zachary Fadem
Price Target
$105 -> $110
AI Analysis
2026-01-28
New
maintain
Overweight
Reason
Wells Fargo analyst Zachary Fadem raised the firm's price target on Starbucks to $110 from $105 and keeps an Overweight rating on the shares. While still EBIT sticking points, it's certainly easier to underwrite a turnaround when comparable-store sales are positive, the firm says. Starbucks' 4% growth in Q1 cleared a rising bar, FY26 outlook screens achievable and Analyst Day likely highlights long-term drivers/algorithm, and potential lifts EBIT margin percentage, Wells says.
Guggenheim
Gregory Francfort
Neutral
maintain
$88 -> $90
2026-01-27
New
Reason
Guggenheim
Gregory Francfort
Price Target
$88 -> $90
2026-01-27
New
maintain
Neutral
Reason
Guggenheim analyst Gregory Francfort raised the firm's price target on Starbucks to $90 from $88 and keeps a Neutral rating on the shares after updating estimates ahead of the upcoming fiscal Q1 earnings report due this Wednesday and investor day in New York on Thursday. Ahead of the events, the firm raised its 2027 and 2028 EPS estimates by 5c each, the analyst noted.
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Wells Fargo
Overweight
maintain
$100 -> $105
2026-01-27
New
Reason
Wells Fargo
Price Target
$100 -> $105
2026-01-27
New
maintain
Overweight
Reason
Wells Fargo raised the firm's price target on Starbucks to $105 from $100 and keeps an Overweight rating on the shares. The firm notes the stock is up 14% year-to-date, Q1/quarter-to-date comparable sales are likely strong and sentiment is improving with a higher price to earnings warranted for an under-earning business. But into EPS/Analyst Day, near-term optimism seems priced in and some digestion could be on tap, Wells adds.
Mizuho
Nick Setyan
Neutral
maintain
$86 -> $95
2026-01-26
New
Reason
Mizuho
Nick Setyan
Price Target
$86 -> $95
2026-01-26
New
maintain
Neutral
Reason
Mizuho analyst Nick Setyan raised the firm's price target on Starbucks to $95 from $86 and keeps a Neutral rating on the shares ahead of the earnings report. The firm sees "little risk" to Starbucks' fiscal 2026 same-store-sales growth expectations. However, consensus operating margin expectations through fiscal 2028 for the company's North America unit are optimistic, the analyst tells investors in a research note.
About SBUX
Starbucks Corporations is a roaster, marketer, and retailer of specialty coffee globally. Its North America segment includes the United States and Canada. Its International segment includes China, Japan, Asia Pacific, Europe, Middle East and Africa, Latin America, and the Caribbean. Its North America and International segments include both Company-operated and licensed stores. The Channel Development segment includes roasted whole bean and ground coffees, Starbucks-branded single-serve products, a variety of ready-to-drink beverages, such as Frappuccino and Starbucks Doubleshot, foodservice products, and other branded products sold outside the Company-operated and licensed stores. A large portion of its Channel Development business operates under a licensed model of the Global Coffee Alliance with Nestle, while its global ready-to-drink businesses operate under collaborative relationships with PepsiCo, Inc., Tingyi-Ashi Beverages Holding Co., Ltd., Arla Foods amba, Nestle, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
