Free Trial

Starbucks (SBUX) Stock Forecast & Price Target

→ Check out WFC chart (From DTI) (Ad)
Free SBUX Stock Alerts
$77.85
-1.39 (-1.75%)
(As of 06/28/2024 ET)
Compare
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends

Starbucks - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 26 Analyst Ratings

Consensus Price Target

$94.54
21.44% Upside
High Forecast$120.00
Average Forecast$94.54
Low Forecast$75.00
TypeCurrent Forecast
7/1/23 to 6/30/24		1 Month Ago
6/1/23 to 5/31/24		3 Months Ago
4/2/23 to 4/1/24		1 Year Ago
7/1/22 to 7/1/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
9 Buy rating(s)
10 Buy rating(s)
12 Buy rating(s)
Hold
16 Hold rating(s)
16 Hold rating(s)
11 Hold rating(s)
12 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$94.54$96.43$109.24$110.31
Forecasted Upside21.44% Upside14.36% Upside15.84% Upside8.69% Upside

SBUX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

SBUX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Starbucks Stock vs. The Competition

TypeStarbucksRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.38
2.45
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside21.44% Upside51.56% Upside11.50% Upside
News Sentiment RatingPositive News
Positive News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/28/2024Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingNeutral ➝ Neutral$81.00 ➝ $81.00+2.23%
6/13/2024TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingHold ➝ Hold$85.00 ➝ $85.00+5.30%
6/13/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		C. Cho
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated CoverageBuy$100.00+25.98%
6/10/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$108.00 ➝ $112.00+37.37%
5/6/2024Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetNeutral ➝ Neutral$88.00 ➝ $85.00+15.36%
5/3/2024HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetHold ➝ Hold$107.00 ➝ $84.00+14.90%
This is a huge income gap many folks can’t fill right now (Ad)

The average household has just north of $5,000 a month in expenses… I’m talking about things like healthcare, food, transportation… Clothing, electricity… Just the bare necessities. Meanwhile, the average monthly income in the United States is only $4,340 a month… If we’re being honest that’s a huge income gap many folks can’t fill right now… But that’s exactly why I’m on a mission…

Watch me place one of these “2-step trades” live - before your very own eyes
5/3/2024DZ Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeBuy ➝ Hold$75.00+0.09%
5/1/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$100.00 ➝ $92.00+23.86%
5/1/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetNeutral ➝ Neutral$95.00 ➝ $85.00+16.07%
5/1/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetNeutral ➝ Neutral$95.00 ➝ $85.00+16.04%
5/1/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$105.00 ➝ $90.00+22.87%
5/1/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform ➝ Outperform$120.00 ➝ $92.00+24.54%
5/1/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetHold ➝ Hold$94.00 ➝ $84.00+12.75%
5/1/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetHold ➝ Hold$90.00 ➝ $80.00-9.59%
5/1/2024BTIG Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$115.00 ➝ $100.00+13.01%
5/1/2024William Blair
Subscribe to MarketBeat All Access for the recommendation accuracy rating		S. Zackfia
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeOutperform ➝ Market Perform
5/1/2024Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeBuy ➝ Hold$108.00 ➝ $89.00+0.58%
4/19/2024Guggenheim
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$100.00 ➝ $91.00+4.07%
4/19/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingMarket Perform ➝ Market Perform
4/12/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$120.00 ➝ $115.00+33.88%
3/18/2024Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetNeutral$106.00 ➝ $100.00+10.52%
1/31/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform ➝ Outperform$125.00 ➝ $120.00+28.05%
1/31/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingSector Perform ➝ Sector Perform$102.00+9.23%
1/31/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$116.00 ➝ $112.00+19.05%
1/31/2024Stephens
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingEqual Weight ➝ Equal Weight$110.00+16.92%
1/16/2024Gordon Haskett
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeBuy ➝ Hold$100.00+8.72%
5/3/202351job
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingMaintains
5/3/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost Target$122.00 ➝ $128.00+11.83%
4/10/2023OTR Global
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeMixed ➝ Positive
2/3/2023Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform$112.00 ➝ $116.00+6.28%
1/20/2023Tigress Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy$136.00+30.44%
9/14/2022Fubon Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Satine Lin
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeNeutral ➝ Buy$103.00+17.26%
9/7/2022Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageMarket Perform$94.00+6.55%
8/18/2022Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost Target$94.00 ➝ $104.00+17.71%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 03:24 PM ET.

SBUX Forecast - Frequently Asked Questions

What is Starbucks's stock forecast and purchase recommendation?

According to the research reports of 26 Wall Street equities research analysts, the average twelve-month stock price forecast for Starbucks is $94.54, with a high forecast of $120.00 and a low forecast of $75.00. The consensus rating for Starbucks stock is Hold based on the current 16 hold ratings and 10 buy ratings for SBUX. Learn more on SBUX's analyst rating history.

Do Wall Street analysts like Starbucks more than its competitors?

Analysts like Starbucks less than other "retail/wholesale" companies. The consensus rating score for Starbucks is 2.38 while the average consensus rating score for "retail/wholesale" companies is 2.45. Learn more on how SBUX compares to other companies.

Is Starbucks being downgraded by Wall Street analysts?

Over the previous 90 days, Starbucks's stock had 3 downgrades by analysts.

Does Starbucks's stock price have much upside?

According to analysts, Starbucks's stock has a predicted upside of 14.51% based on their 12-month stock forecasts.

What analysts cover Starbucks?

Starbucks has been rated by research analysts at Bank of America, BTIG Research, Citigroup, Deutsche Bank Aktiengesellschaft, DZ Bank, Evercore ISI, Guggenheim, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Oppenheimer, Piper Sandler, Stifel Nicolaus, TD Cowen, The Goldman Sachs Group, UBS Group, Wedbush, Wells Fargo & Company, and William Blair in the past 90 days.


Related Companies:
Today's Ratings:
Top Rated Stocks:
More Ratings Tools:
This page (NASDAQ:SBUX) was last updated on 6/30/2024 by MarketBeat.com Staff

From Our Partners
AI's Next Magnificent Seven
The Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.
The Oxford Club | Sponsored
Where AI is REALLY Going Next
Buying Nvidia was a good idea – twenty years ago when I first recommended it (for up to 37,000% gains). But...
InvestorPlace | Sponsored
Historic NVIDIA partnership could send this tiny AI stock soaring...
After striking partnerships with trillion-dollar chipmaker NVIDIA... ARM surged over 60% in a week... Who's...
Behind the Markets | Sponsored
A Silent Invasion of America
The 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern bord...
The Freeport Society | Sponsored
Write this ticker symbol down…
A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...
StocksToTrade | Sponsored
Exposed: 3 CENT Crypto to Explode June 24th?
Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...
True Market Insiders | Sponsored
Catalyst Could Trigger 10,000% Crypto Gains
Are you monitoring 13,217 cryptocurrencies everyday? If not, you could miss the ONE that can make you wealt...
Crypto 101 Media | Sponsored
Trump’s arrest is phase one
In this new documentary, you’ll discover the truth about Trump’s criminal conviction, who’s really pulling the...
Porter & Company | Sponsored