Recent Investment Analysts’ Ratings Updates for Starbucks (SBUX)

Several analysts have recently updated their ratings and price targets for Starbucks (NASDAQ: SBUX):

• 8/3/2026 – Starbucks was downgraded by Wells Fargo & Company from “overweight” to “underweight”.
• 8/3/2026 – Starbucks was downgraded by Sanford C. Bernstein from “outperform” to “market perform”.
• 8/3/2026 – Starbucks was downgraded by Raymond James Financial, Inc. to “outperform”.
• 8/3/2026 – Starbucks was downgraded by Morgan Stanley from “overweight” to “underweight”.
• 8/3/2026 – Starbucks is now covered by Guggenheim. They set a “buy” rating on the stock.
• 8/3/2026 – Starbucks is now covered by Compass Point. They set a “buy” rating on the stock.
• 8/3/2026 – Starbucks was given a new $110.00 price target by Melius Research.
• 8/3/2026 – Starbucks was upgraded by Melius Research from “sell” to “hold”.
• 7/31/2026 – Starbucks had its “buy” rating reaffirmed by BTIG Research. They now have a $115.00 price target on the stock.
• 7/30/2026 – Starbucks had its “sector perform” rating reaffirmed by Royal Bank Of Canada. They now have a $115.00 price target on the stock, up from $110.00.
• 7/30/2026 – Starbucks had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $126.00 price target on the stock.
• 7/30/2026 – Starbucks was given a new $124.00 price target by Robert W. Baird.
• 7/30/2026 – Starbucks had its “outperform” rating reaffirmed by BMO Capital Markets. They now have a $130.00 price target on the stock.
• 7/30/2026 – Starbucks had its “outperform” rating reaffirmed by Evercore Inc.
• 7/30/2026 – Starbucks had its price target raised by BNP Paribas Exane from $87.00 to $92.00. They now have an “underperform” rating on the stock.
• 7/30/2026 – Starbucks had its price target raised by DA Davidson from $102.00 to $110.00. They now have a “neutral” rating on the stock.
• 7/30/2026 – Starbucks is now covered by TD Cowen. They set a “buy” rating and a $120.00 price target on the stock.
• 7/30/2026 – Starbucks had its price target raised by Wells Fargo & Company from $120.00 to $125.00. They now have an “overweight” rating on the stock.
• 7/30/2026 – Starbucks had its price target raised by Morgan Stanley from $111.00 to $115.00. They now have an “overweight” rating on the stock.
• 7/30/2026 – Starbucks had its price target raised by Citigroup Inc. from $108.00 to $112.00. They now have a “neutral” rating on the stock.
• 7/30/2026 – Starbucks had its price target raised by UBS Group AG from $105.00 to $112.00. They now have a “neutral” rating on the stock.
• 7/20/2026 – Starbucks had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 7/16/2026 – Starbucks had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $120.00 price target on the stock, up from $115.00.
• 7/15/2026 – Starbucks had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $111.00 price target on the stock, up from $110.00.
• 7/14/2026 – Starbucks had its “neutral” rating reaffirmed by Citigroup Inc.. They now have a $108.00 price target on the stock, up from $101.00.
• 6/29/2026 – Starbucks was downgraded by Zacks Research from “strong-buy” to “hold”.

Starbucks Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, August 14th. Starbucks’s payout ratio is presently 142.53%.

Insider Buying and Selling

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $104.00, for a total transaction of $231,816.00. Following the transaction, the chief executive officer directly owned 77,364 shares in the company, valued at approximately $8,045,856. This represents a 2.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,687 shares of company stock worth $679,033 over the last quarter. 0.03% of the stock is currently owned by insiders.

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.