Zacks Research Has Negative Outlook of Starbucks Q2 Earnings

Starbucks Co. (NASDAQ:SBUX - Free Report) - Equities researchers at Zacks Research cut their Q2 2025 earnings per share estimates for shares of Starbucks in a report issued on Tuesday, February 18th. Zacks Research analyst H. Ray now expects that the coffee company will earn $0.53 per share for the quarter, down from their prior estimate of $0.61. The consensus estimate for Starbucks' current full-year earnings is $2.99 per share. Zacks Research also issued estimates for Starbucks' Q3 2025 earnings at $0.87 EPS, Q4 2025 earnings at $0.88 EPS, FY2025 earnings at $2.97 EPS, Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $0.93 EPS, Q4 2026 earnings at $1.06 EPS, FY2026 earnings at $3.50 EPS and FY2027 earnings at $4.37 EPS.

Several other equities analysts have also commented on SBUX. Royal Bank of Canada reiterated an "outperform" rating and set a $115.00 price objective on shares of Starbucks in a research report on Friday, January 24th. Wells Fargo & Company increased their price objective on Starbucks from $110.00 to $115.00 and gave the company an "overweight" rating in a research report on Tuesday, November 26th. TD Cowen reiterated a "buy" rating and set a $110.00 price objective on shares of Starbucks in a research report on Monday, November 11th. Redburn Atlantic reiterated a "sell" rating and set a $77.00 price objective (down from $84.00) on shares of Starbucks in a research report on Wednesday, November 13th. Finally, Stifel Nicolaus increased their price objective on Starbucks from $110.00 to $114.00 and gave the company a "buy" rating in a research report on Monday, January 27th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $105.33.

Starbucks Price Performance

Shares of NASDAQ:SBUX traded down $1.59 on Thursday, hitting $111.75. The company's stock had a trading volume of 9,661,850 shares, compared to its average volume of 9,790,830. The company has a 50-day simple moving average of $99.44 and a 200 day simple moving average of $96.89. Starbucks has a 1 year low of $71.55 and a 1 year high of $114.68. The company has a market capitalization of $126.94 billion, a PE ratio of 36.05, a PEG ratio of 3.56 and a beta of 1.00.

Starbucks (NASDAQ:SBUX - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The coffee company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.01. Starbucks had a negative return on equity of 44.97% and a net margin of 9.73%. During the same period in the previous year, the company posted $0.90 EPS.

Institutional Investors Weigh In On Starbucks

Large investors have recently made changes to their positions in the business. Putney Financial Group LLC purchased a new position in shares of Starbucks in the 4th quarter valued at approximately $67,000. Perennial Advisors LLC purchased a new position in shares of Starbucks in the 4th quarter valued at approximately $4,678,000. Mackenzie Financial Corp lifted its stake in shares of Starbucks by 153.4% in the 4th quarter. Mackenzie Financial Corp now owns 252,850 shares of the coffee company's stock valued at $23,073,000 after purchasing an additional 153,078 shares during the period. Forum Financial Management LP raised its stake in Starbucks by 155.4% during the fourth quarter. Forum Financial Management LP now owns 18,139 shares of the coffee company's stock valued at $1,655,000 after buying an additional 11,038 shares during the last quarter. Finally, Ball & Co Wealth Management Inc. purchased a new position in Starbucks during the fourth quarter valued at $41,000. 72.29% of the stock is currently 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.