Citigroup Cuts Starbucks (NASDAQ:SBUX) Price Target to $92.00

Starbucks (NASDAQ:SBUX) had its price target decreased by Citigroup from $94.00 to $92.00 in a research report released on Monday morning,Benzinga reports. Citigroup currently has a neutral rating on the coffee company’s stock.

A number of other research firms also recently issued reports on SBUX. Weiss Ratings reissued a “hold (c-)” rating on shares of Starbucks in a research note on Monday, December 29th. William Blair raised shares of Starbucks from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 22nd. Mizuho boosted their target price on shares of Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a research report on Monday, January 26th. New Street Research set a $90.00 price objective on Starbucks in a report on Tuesday, January 27th. Finally, UBS Group reissued a “neutral” rating on shares of Starbucks in a research note on Friday, January 30th. Eighteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Starbucks presently has an average rating of “Moderate Buy” and an average price target of $104.67.

Starbucks Stock Up 4.2%

Shares of NASDAQ SBUX opened at $96.97 on Monday. Starbucks has a 12 month low of $75.50 and a 12 month high of $117.46. The company has a market cap of $110.48 billion, a price-to-earnings ratio of 80.14, a P/E/G ratio of 2.08 and a beta of 0.96. The business has a fifty day simple moving average of $88.60 and a 200-day simple moving average of $87.14.

Starbucks (NASDAQ:SBUX) last released its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.03). Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The firm had revenue of $9.92 billion during the quarter, compared to analysts’ expectations of $9.62 billion. During the same period last year, the business earned $0.69 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, sell-side analysts expect that Starbucks will post 2.99 EPS for the current fiscal year.

Starbucks Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be given a dividend of $0.62 per share. The ex-dividend date is Friday, February 13th. This represents a $2.48 annualized dividend and a dividend yield of 2.6%. Starbucks’s payout ratio is presently 204.96%.

Insider Transactions at Starbucks

In related news, Director Jorgen Vig Knudstorp bought 11,700 shares of Starbucks stock in a transaction on Monday, November 10th. The shares were purchased at an average price of $85.00 per share, for a total transaction of $994,500.00. Following the completion of the acquisition, the director owned 53,096 shares in the company, valued at approximately $4,513,160. This represents a 28.26% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.03% of the company’s stock.

Institutional Trading of Starbucks

Several hedge funds have recently added to or reduced their stakes in the business. Game Plan Financial Advisors LLC bought a new position in shares of Starbucks during the 2nd quarter valued at about $25,000. Transce3nd LLC boosted its holdings in shares of Starbucks by 270.3% in 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 last quarter. Collier Financial bought a new position in shares of Starbucks in the 3rd quarter valued at about $25,000. Rachor Investment Advisory Services LLC bought a new stake in Starbucks in the fourth quarter valued at approximately $25,000. Finally, Y.D. More Investments Ltd acquired a new position in shares of Starbucks in the third quarter valued at $26,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analysts and commentary highlight sizable domestic growth runway — multiple pieces discuss whether Starbucks can add ~10,000 more U.S. locations, supporting long-term revenue growth expectations. Can Starbucks Open Another 10,000 Stores in the U.S.?
• Positive Sentiment: Management is simplifying the menu and trimming items — a move investors view as margin-accretive by lowering complexity and labor/cost pressure. Starbucks Savages Menu, Starbucks Stock (NASDAQ:SBUX) Gains
• Positive Sentiment: Recent coverage and earnings commentary point to a recovery in the fiscal Q1 sales trend — investors expect profitability to reaccelerate as comps normalize and new-store economics improve. Investors Are Piling Into This Stock That’s Up 28,000% Since Its IPO. Can It Soar in 2026?
• Neutral Sentiment: Union activity remains in the headlines — calls like “delete the app” from strikers are creating noise, but the initial market reaction has been mixed, not uniformly negative. Investors will watch customer engagement and sales trends closely. “Delete the App”: Strikers Call on Customers to Help Advance Union, Starbucks Stock (NASDAQ:SBUX) Jumps in Response
• Neutral Sentiment: Starbucks is a trending/screened stock in retail investor and research sites — more attention can amplify moves but doesn’t itself change fundamentals. Here is What to Know Beyond Why Starbucks Corporation (SBUX) is a Trending Stock
• Neutral Sentiment: Analyst notes and sector write-ups provide context but offer mixed takes on timing and catalysts; they add background rather than a clear near-term directional trigger. Analysts Offer Insights on Consumer Cyclical Companies: Starbucks (SBUX)…
• Negative Sentiment: Citigroup issued a pessimistic price forecast for SBUX, which can pressure sentiment and act as a sell-side headwind if other firms follow. Citigroup Issues Pessimistic Forecast for Starbucks (NASDAQ:SBUX) Stock Price
• Negative Sentiment: A new STOCK Act disclosure shows Senator Sheldon Whitehouse sold SBUX shares — insider/related-party sales can be interpreted negatively by some investors, even if sales have non-fundamental reasons. Congress Trade: Senator Sheldon Whitehouse Just Disclosed New Stock Trades

About Starbucks

Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.

Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.