Starbucks (NASDAQ:SBUX) Price Target Raised to $100.00 at JPMorgan Chase & Co.

Starbucks (NASDAQ:SBUX) had its target price raised by research analysts at JPMorgan Chase & Co. from $95.00 to $100.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the coffee company’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 0.90% from the stock’s current price.

A number of other research firms also recently commented on SBUX. BMO Capital Markets reissued an “outperform” rating and issued a $120.00 price objective on shares of Starbucks in a research note on Friday, January 30th. Barclays set a $116.00 price target on shares of Starbucks and gave the company an “overweight” rating in a research report on Friday, January 30th. Stifel Nicolaus increased their target price on Starbucks from $105.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday. Piper Sandler reiterated an “overweight” rating and set a $103.00 price target (up from $100.00) on shares of Starbucks in a report on Friday, January 30th. Finally, Jefferies Financial Group raised Starbucks from an “underperform” rating to a “hold” rating and upped their price target for the company from $86.00 to $92.00 in a research report on Monday, April 13th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Starbucks presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.75.

Starbucks Stock Down 0.4%

Starbucks stock traded down $0.44 during mid-day trading on Friday, hitting $99.11. 1,855,747 shares of the company’s stock traded hands, compared to its average volume of 8,633,669. Starbucks has a one year low of $75.50 and a one year high of $104.82. The firm has a 50 day moving average price of $95.93 and a 200 day moving average price of $90.23. The company has a market cap of $112.91 billion, a PE ratio of 81.77, a price-to-earnings-growth ratio of 2.25 and a beta of 0.95.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.03). Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The business had revenue of $9.92 billion during the quarter, compared to the consensus estimate of $9.62 billion. During the same period in the previous year, the company posted $0.69 EPS. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, analysts expect that Starbucks will post 2.31 earnings per share for the current fiscal year.

Insider Activity at Starbucks

In other Starbucks news, CEO Brady Brewer sold 588 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $100.00, for a total transaction of $58,800.00. Following the completion of the sale, the chief executive officer owned 83,788 shares of the company’s stock, valued at $8,378,800. This represents a 0.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,500 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $242,800.00. Following the sale, the executive vice president directly owned 59,609 shares of the company’s stock, valued at approximately $5,789,226.08. This represents a 4.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 6,958 shares of company stock valued at $667,464. Corporate insiders own 0.03% of the company’s stock.

Institutional Trading of Starbucks

Hedge funds have recently added to or reduced their stakes in the business. Norges Bank bought a new position in Starbucks in the 4th quarter worth approximately $1,232,650,000. Capital Research Global Investors boosted its position in shares of Starbucks by 11.4% in the third quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock valued at $7,229,968,000 after acquiring an additional 8,774,198 shares during the period. T. Rowe Price Investment Management Inc. grew its stake in shares of Starbucks by 65.9% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock worth $1,637,704,000 after acquiring an additional 7,725,547 shares during the last quarter. Capital World Investors grew its stake in shares of Starbucks by 9.0% in the fourth quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock worth $7,135,228,000 after acquiring an additional 7,007,268 shares during the last quarter. Finally, Corient Private Wealth LLC increased its position in Starbucks by 146.6% during the second quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock worth $553,201,000 after acquiring an additional 3,596,014 shares during the period. Institutional investors own 72.29% of the company’s stock.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks unveiled a new AI platform that investors hope will boost personalization, drive orders and expand reach — a potentially meaningful growth lever if adoption scales. Starbucks Reveals Groundbreaking Artificial Intelligence (AI) Platform. Will It Finally Recover?
• Positive Sentiment: Loyalty-program tweaks (including a popular 60?star redemption option) are drawing value-seeking customers and improving traffic/mix — a near-term revenue and retention tailwind ahead of earnings. Starbucks new loyalty program attracting value-seeking customers
• Positive Sentiment: Corporate moves — selection of Nashville for a new Southeast office and a reported $100M investment — have catalyzed investor optimism about restructuring/efficiency and were linked to recent share strength. What’s Behind The Jump In Starbucks Stock?
• Positive Sentiment: Management is reworking tech strategy to bring roles back in?house and pare back lower-priority tech jobs — a cost-reduction program that could improve margins over time. Starbucks Brewing up Global Tech Plan to Bring Jobs Back in-House and Slash Costs
• Neutral Sentiment: Analysts are mixed ahead of Q2; some firms see upside while others remain cautious — investors should watch same-store sales, loyalty engagement and margins on the April 28 print. Starbucks (NASDAQ:SBUX) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says
• Neutral Sentiment: Partner/upstream deals like Nestlé extending K-Cup distribution support at-home branded coffee growth but are unlikely to move near-term comps materially. Nestlé Extends Starbucks K Cup Alliance As Shares Trade Below Targets
• Negative Sentiment: DA Davidson reaffirmed a “Neutral” rating with a ~$97 price target — slightly below the market — signaling limited near-term upside from that shop and giving sellers ammunition. Starbucks (NASDAQ:SBUX) Earns “Neutral” Rating from DA Davidson
• Negative Sentiment: Competitive pressure from chains like Dutch Bros. and Dunkin’ (expanding drive-throughs/exurbs) and slower margin recovery could cap upside if Starbucks’ initiatives don’t accelerate spend. Starbucks rival challenges coffee giant’s dominance

Starbucks Company Profile

Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.

Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.