What is Zacks Research’s Forecast for Starbucks Q4 Earnings?

Starbucks Corporation (NASDAQ:SBUX) – Equities research analysts at Zacks Research cut their Q4 2026 EPS estimates for shares of Starbucks in a research report issued to clients and investors on Tuesday, August 19th. Zacks Research analyst Team now expects that the coffee company will post earnings of $0.76 per share for the quarter, down from their previous estimate of $0.96. The consensus estimate for Starbucks’ current full-year earnings is $2.99 per share. Zacks Research also issued estimates for Starbucks’ FY2027 earnings at $3.31 EPS.

Other equities research analysts have also recently issued research reports about the company. The Goldman Sachs Group restated a “neutral” rating and set a $95.00 price objective (up previously from $85.00) on shares of Starbucks in a report on Thursday, June 12th. Wall Street Zen cut Starbucks from a “hold” rating to a “sell” rating in a report on Thursday, May 22nd. Baird R W upgraded shares of Starbucks from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 12th. BMO Capital Markets restated an “outperform” rating and issued a $115.00 target price (up from $100.00) on shares of Starbucks in a report on Wednesday, July 30th. Finally, Evercore ISI reaffirmed an “outperform” rating and set a $105.00 price target (up previously from $95.00) on shares of Starbucks in a research note on Tuesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $104.40.

Starbucks Stock Performance

SBUX stock opened at $88.56 on Friday. The stock has a market capitalization of $100.67 billion, a P/E ratio of 38.17, a PEG ratio of 5.31 and a beta of 1.02. Starbucks has a one year low of $75.50 and a one year high of $117.46. The company has a 50 day moving average price of $92.59 and a two-hundred day moving average price of $93.70.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings results on Tuesday, July 29th. The coffee company reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.14). The firm had revenue of $9.46 billion for the quarter, compared to analysts’ expectations of $9.29 billion. Starbucks had a negative return on equity of 36.23% and a net margin of 7.18%.The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.93 earnings per share.

Hedge Funds Weigh In On Starbucks

A number of hedge funds have recently made changes to their positions in the business. Game Plan Financial Advisors LLC acquired a new stake in Starbucks in the 2nd quarter valued at $25,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Starbucks in the fourth quarter worth about $25,000. Hughes Financial Services LLC acquired a new stake in shares of Starbucks in the first quarter valued at about $27,000. Transce3nd LLC raised its holdings in shares of Starbucks by 270.3% during the 2nd quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after buying an additional 200 shares during the period. Finally, Chelsea Counsel Co. acquired a new position in Starbucks during the 2nd quarter worth approximately $26,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Starbucks Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, August 15th. Starbucks’s payout ratio is 105.17%.

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.