Starbucks (SBUX)
(Delayed Data from NSDQ)
$94.02 USD
+1.59 (1.72%)
Updated Aug 23, 2024 03:59 PM ET
After-Market: $94.04 +0.02 (0.02%) 7:58 PM ET
3-Hold of 5 3
D Value B Growth C Momentum C VGM
Starbucks (SBUX) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$98.40 | $120.00 | $80.00 | 6.46% |
Price Target
Based on short-term price targets offered by 25 analysts, the average price target for Starbucks comes to $98.40. The forecasts range from a low of $80.00 to a high of $120.00. The average price target represents an increase of 6.46% from the last closing price of $92.43.
Analyst Price Targets (25)
Broker Rating
Starbucks currently has an average brokerage recommendation (ABR) of 1.98 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 29 brokerage firms. The current ABR compares to an ABR of 2.23 a month ago based on 28 recommendations.
Of the 29 recommendations deriving the current ABR, 15 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 51.72% and 3.45% of all recommendations. A month ago, Strong Buy made up 35.71%, while Buy represented 3.57%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/SBUX.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 15 | 16 | 10 | 11 | 10 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 12 | 11 | 17 | 16 | 16 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 0 | 0 | 0 | 0 |
ABR | 1.98 | 1.80 | 2.23 | 2.16 | 2.20 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/14/2024 | Evercore Partners | David Palmer | Hold | Strong Buy |
8/14/2024 | Not Identified | Not Identified | Hold | Hold |
8/14/2024 | Guggenheim Securities | Gregory Francfort | Strong Buy | Hold |
8/14/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/13/2024 | Piper Sandler | Brian Mullan | Hold | Strong Buy |
8/13/2024 | Robert W. Baird & Co. | David E Tarantino | Hold | Strong Buy |
8/13/2024 | Cowen & Co. | Andrew M Charles | Hold | Strong Buy |
8/12/2024 | Wells Fargo Securities | Zachary Fadem | Strong Buy | Strong Buy |
8/1/2024 | Not Identified | Not Identified | Hold | Hold |
7/31/2024 | Wedbush Securities | Nick Setyan | Hold | Hold |
7/31/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/22/2024 | Not Identified | Not Identified | Hold | Hold |
7/22/2024 | BMO Capital Markets | Andrew Strelzik | Strong Buy | Strong Buy |
6/13/2024 | Goldman Sachs | Christine Cho | Not Available | Strong Buy |
5/14/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
5/3/2024 | Not Identified | Not Identified | Hold | Hold |
5/1/2024 | BTIG | Peter M Saleh | Strong Buy | Strong Buy |
5/1/2024 | KeyBanc Capital Markets | Eric Gonzalez | Hold | Hold |
5/1/2024 | UBS | Dennis Geiger | Hold | Hold |
5/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/1/2024 | William Blair | Sharon Zackfia | Strong Buy | Hold |
4/19/2024 | Not Identified | Not Identified | Hold | Hold |
3/7/2024 | Not Identified | Not Identified | Hold | Hold |
10/16/2023 | Not Identified | Not Identified | Not Available | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.98 |
ABR (Last week) | 1.80 |
# of Recs in ABR | 29 |
Average Target Price | $98.40 |
LT Growth Rate | 11.70% |
Industry | Retail - Restaurants |
Industry Rank by ABR | 181 of 253 |
Current Quarter EPS Est: | 1.04 |