Starbucks Corporation (SBUX)
NASDAQ: SBUX · IEX Real-Time Price · USD
76.83
-0.30 (-0.39%)
At close: Jul 2, 2024, 4:00 PM
76.75
-0.08 (-0.10%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Starbucks Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Starbucks stock have an average target of 95.25, with a low estimate of 80 and a high estimate of 120. The average target predicts an increase of 23.98% from the current stock price of 76.83.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Starbucks stock from 22 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Buy | 8 | 8 | 8 | 7 | 6 | 6 |
| Hold | 11 | 11 | 11 | 13 | 13 | 13 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 21 | 23 | 22 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Hold Reiterates $81 | Hold | Reiterates | $81 | +5.43% | Jun 28, 2024 |
| TD Cowen | TD Cowen | Hold Reiterates $85 | Hold | Reiterates | $85 | +10.63% | Jun 13, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $108 → $112 | Strong Buy | Maintains | $108 → $112 | +45.78% | Jun 10, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $88 → $85 | Hold | Maintains | $88 → $85 | +10.63% | May 6, 2024 |
| HSBC | HSBC | Hold Maintains $107 → $84 | Hold | Maintains | $107 → $84 | +9.33% | May 3, 2024 |
Financial Forecast
Revenue This Year
37.52B
from 35.98B
Increased by 4.30%
Revenue Next Year
40.45B
from 37.52B
Increased by 7.81%
EPS This Year
3.67
from 3.58
Increased by 2.46%
EPS Next Year
4.16
from 3.67
Increased by 13.41%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.1B | 42.9B | 46.5B | 50.8B | 55.5B |
| Avg | 37.5B | 40.5B | 43.8B | 48.3B | 52.1B |
| Low | 34.9B | 36.9B | 39.7B | 45.4B | 48.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.7% | 14.3% | 14.9% | 16.1% | 14.9% |
| Avg | 4.3% | 7.8% | 8.3% | 10.3% | 8.0% |
| Low | -3.0% | -1.7% | -1.9% | 3.7% | 1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.20 | 4.87 | 5.47 | 5.65 | 6.67 |
| Avg | 3.67 | 4.16 | 4.73 | 5.42 | 6.20 |
| Low | 3.45 | 3.65 | 4.14 | 5.12 | 5.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.3% | 32.8% | 31.5% | 19.5% | 23.0% |
| Avg | 2.5% | 13.4% | 13.6% | 14.7% | 14.4% |
| Low | -3.6% | -0.6% | -0.6% | 8.3% | 7.4% |
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.