Starbucks Corporation (SBUX)
NASDAQ: SBUX · Real-Time Price · USD
100.06
+1.80 (1.83%)
At close: Nov 21, 2024, 4:00 PM
99.35
-0.71 (-0.71%)
Pre-market: Nov 22, 2024, 6:40 AM EST
Starbucks Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Starbucks stock have an average target of 102.88, with a low estimate of 76 and a high estimate of 120. The average target predicts an increase of 2.82% from the current stock price of 100.06.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Starbucks stock from 27 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 6 | 6 | 6 | 6 |
| Buy | 6 | 5 | 7 | 8 | 8 | 9 |
| Hold | 13 | 14 | 10 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 1 | 1 | 1 | 2 |
| Total | 22 | 22 | 24 | 25 | 25 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $115 | Buy | Reiterates | $115 | +14.93% | Nov 15, 2024 |
| Redburn Atlantic | Redburn Atlantic | Hold → Strong Sell Downgrades $84 → $77 | Hold → Strong Sell | Downgrades | $84 → $77 | -23.05% | Nov 13, 2024 |
| TD Cowen | TD Cowen | Strong Buy Reiterates $110 | Strong Buy | Reiterates | $110 | +9.93% | Nov 11, 2024 |
| Citigroup | Citigroup | Hold Maintains $96 → $99 | Hold | Maintains | $96 → $99 | -1.06% | Oct 31, 2024 |
| Wedbush | Wedbush | Hold Maintains $98 → $95 | Hold | Maintains | $98 → $95 | -5.06% | Oct 31, 2024 |
Financial Forecast
Revenue This Year
38.06B
from 36.18B
Increased by 5.20%
Revenue Next Year
40.69B
from 38.06B
Increased by 6.91%
EPS This Year
3.19
from 3.31
Decreased by -3.63%
EPS Next Year
3.80
from 3.19
Increased by 19.17%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 40.0B | 43.4B | 48.8B | ||
| Avg | 38.1B | 40.7B | 44.6B | ||
| Low | 35.2B | 36.9B | 41.3B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 10.5% | 14.1% | 20.0% | ||
| Avg | 5.2% | 6.9% | 9.5% | ||
| Low | -2.6% | -2.9% | 1.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.65 | 4.39 | 5.18 | ||
| Avg | 3.19 | 3.80 | 4.50 | ||
| Low | 2.82 | 3.33 | 3.82 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 10.5% | 37.7% | 36.3% | ||
| Avg | -3.6% | 19.2% | 18.6% | ||
| Low | -14.7% | 4.6% | 0.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.