Starbucks Corporation (SBUX) Stock Price & Analysis
Starbucks Corporation (SBUX) closed at USD 101.91 on Thursday, October 22, 2026, up 2.86% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 99.08; the Oct 22, 2026 session ranged USD 98.68–102.02 on volume of 9,589,988 shares. Market capitalization is $116.18B, with a 52-week range of USD 77.99–110.51 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:21 UTC.
Also available as compact Markdown for AI agents: nexqual.com/SBUX.md
Key facts (SBUX)
- Last four reported quarters (through Jun 28, 2026): revenue $38.3B, net income $1.98B (5.2% margin), free cash flow $3.64B (SEC filings).
- Valuation: P/E 58.6x (avg 35.7x at the last 3 fiscal year-ends), EV/EBITDA 27.4x, net debt $9.67B.
- 5 of 80 tracked superinvestors hold SBUX (13F, Q2 2026 (1 investor on Q3 2026, filed early)): 0 new, 1 added, 3 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 11 Form 4 filings, $1.8M; 0 not under a Rule 10b5-1 plan ($0K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.69 on a 1–5 scale) (35 analysts), mean target USD 110.52 (range 82–143).
- Total return with dividends: 1Y +22.3% vs S&P 500 +14.9%; 5Y +0.2% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 0.71, revenue estimate $9.24B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (SBUX)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $29.1B | $32.3B | $36.0B | $36.2B | $37.2B | $38.3B |
| Operating income | $4.87B | $4.62B | $5.87B | $5.41B | $2.94B | $2.98B |
| Net income | $4.20B | $3.28B | $4.12B | $3.76B | $1.86B | $1.98B |
| EPS (diluted) | $3.54 | $2.83 | $3.58 | $3.31 | $1.63 | — |
| Free cash flow | $4.52B | $2.56B | $3.68B | $3.32B | $2.44B | $3.64B |
| Operating margin | 16.8% | 14.3% | 16.3% | 15.0% | 7.9% | 7.8% |
| Net margin | 14.5% | 10.2% | 11.5% | 10.4% | 5.0% | 5.2% |
| Revenue growth | +23.6% | +11.0% | +11.6% | +0.6% | +2.8% | — |
| Cash + short-term investments | $6.62B | $3.18B | $3.95B | $3.54B | $3.47B | — |
| Total debt | $14.6B | $14.9B | $15.4B | $15.6B | $16.1B | — |
Fiscal years end Sep. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 28, 2026) (SBUX)
P/E 58.6x · P/S 3.0x · EV/EBITDA 27.4x · EV/Sales 3.3x · P/FCF 31.9x · FCF yield 3.13% · Earnings yield 1.71% · Dividend yield (paid, TTM) 2.42% · Net debt $9.67B · EV $126B
P/E at fiscal year-ends: Sep 2025 51.9x, Sep 2024 29.5x, Oct 2023 25.7x.
Superinvestors (SEC 13F-HR, Q2 2026) (SBUX)
5 of 80 tracked investors hold SBUX (1 investor on Q3 2026, filed early). Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change | Quarter |
|---|---|---|---|---|---|
| Polen Capital | Polen Capital Management | 3.13% | $363M | Reduced -29.8% | Q2 2026 |
| David Katz | Matrix Asset Advisors | 1.66% | $20.2M | Reduced -2.5% | Q3 2026 |
| Christopher Bloomstran | Semper Augustus | 0.53% | $4.7M | Reduced -81.8% | Q2 2026 |
| Thomas Gayner | Markel Group | 0.49% | $63.7M | Unchanged | Q2 2026 |
| First Eagle Investment | First Eagle Investment Management | <0.01% | $1.7M | Added +3.8% | Q2 2026 |
Insider sales (SEC Form 4, open-market, last ~7 months) (SBUX)
11 of 11 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-20 | Brewer Brady | ceo, International | 588 | $59K | 0.8% | Yes (adopted December 3, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-10-05 | Brewer Brady | ceo, International | 1,641 | $156K | 2.2% | Yes (adopted December 3, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-09-04 | Brewer Brady | ceo, International | 2,229 | $235K | 3% | Yes (adopted December 3, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-08-05 | Brewer Brady | ceo, International | 2,229 | $236K | 2.9% | Yes (adopted December 3, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-07-06 | Brewer Brady | ceo, International | 2,229 | $232K | 2.8% | Yes (adopted December 3, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-06-11 | Brewer Brady | ceo, International | 588 | $59K | 0.7% | Yes (adopted December 3, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-06-05 | Brewer Brady | ceo, International | 1,641 | $155K | 2% | Yes (adopted December 3, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-05-05 | Brewer Brady | ceo, International | 2,229 | $234K | 2.7% | Yes (adopted December 3, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-04-29 | Kelly Sara | evp, chief partner officer | 2,000 | $210K | 3.4% | Yes (adopted December 3, 2025) | Too little history (no open-market trades in 2025) |
| 2026-04-17 | Brewer Brady | ceo, International | 588 | $59K | 0.7% | Yes (adopted December 3, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-04-06 | Brewer Brady | ceo, International | 1,641 | $148K | 1.9% | Yes (adopted December 3, 2025) | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (SBUX)
Consensus Hold (mean 2.69 on a 1–5 scale), 35 analysts; mean target USD 110.52 (low 82, high 143).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | Wells Fargo | Target lowered | Overweight | $125 → $120 |
| 2026-10-20 | Citigroup | Target lowered | Neutral | $112 → $104 |
| 2026-10-09 | DA Davidson | Maintained | Neutral | $110 |
| 2026-10-08 | UBS | Target lowered | Neutral | $112 → $105 |
| 2026-09-29 | JP Morgan | Target lowered | Overweight | $112 → $105 |
| 2026-09-16 | Seaport Global | Initiated | Neutral | |
| 2026-07-31 | BTIG | Reiterated | Buy | $115 |
| 2026-07-30 | UBS | Target raised | Neutral | $105 → $112 |
| 2026-07-30 | Citigroup | Target raised | Neutral | $108 → $112 |
| 2026-07-30 | BNP Paribas | Target raised | Underperform | $87 → $92 |
| 2026-07-30 | RBC Capital | Target raised | Sector Perform | $110 → $115 |
| 2026-07-30 | DA Davidson | Target raised | Neutral | $102 → $110 |
Total return (dividends reinvested) (SBUX)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +22.3% | +0.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +22.4% | +0.0% |
| Volatility (annualized) | 27.4% | 32.2% |
| Max drawdown | -16.4% (Aug 2026→Oct 2026) | -37.8% (Dec 2021→Jun 2022) |
SBUX revenue by business segment (quarter ended Jun 28, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| North America | $7.40B | 79.3% | +6.8% |
| International | $1.32B | 14.2% | -34.2% |
| Channel Development | $587.9M | 6.3% | +21.5% |
| Corporate and Other | $17.1M | 0.2% | -50.4% |
| Total revenue | $9.32B | 100% | — |
SBUX revenue by product line (quarter ended Jun 28, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Beverage (1) | $5.44B | 58.4% | -5.4% |
| Other (3) | $2.02B | 21.6% | +5.2% |
| Food (2) | $1.86B | 20.0% | +4.2% |
| Other | $615.8M | 6.6% | +14.5% |
| Total revenue | $9.32B | 100% | — |
SBUX revenue by region (quarter ended Jun 28, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $7.38B | 79.2% | +7.6% |
| Other countries | $1.87B | 20.1% | +4.7% |
| China | $68.7M | 0.7% | -91.5% |
| Total revenue | $9.32B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
SBUX suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | PepsiCo (PEP) | “A large portion of our Channel Development business operates under a licensed model of the Global Coffee Alliance with Nestlé, while our global ready-to-drink businesses operate under collaborative relationships with PepsiCo, Inc., Nestlé, and others.” |
| Partner | Valor Siren Ventures I | “We also hold equity interests in other entities to support our corporate and investment strategies, which are not core to our business, including our limited partnership interest in Valor Siren Ventures I L.P. and Valor Siren Ventures II L.P, which are private equity funds investing in technologies, products, and solutions relating to food or retail.” |
Quoted from the company's 10-K filed Nov 14, 2025.
Companies that name SBUX in their SEC reports
| Relationship to SBUX | Company | Filing | Sentence |
|---|---|---|---|
| competitor | Arcos Dorados Holdings Inc. (ARCO) | 20-F Apr 30, 2026 | “In Brazil, we also compete with ZAMP (which franchises Burger King, Popeyes, Starbucks and Subway), Habib's, a Brazilian QSR chain that focuses on low-price Middle Eastern street food, and Bob's, a primarily-Brazilian QSR chain that focuses on hamburger product offerings.” |
| competitor | TH International Ltd (THCH) | 20-F Apr 30, 2026 | “as well as convenience stores and grocery store, with key competitors including Luckin Coffee, Starbucks, COTTI Coffee, and Manner.” |
| partner | COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (SBS) | 20-F Apr 29, 2026 | “of New Business Development and Revitalization, Managing Partner of Outback Brazil and Starbucks Brazil (2008–2009), and General” |
| partner | UNITED BREWERIES CO INC (CCU) | 20-F Apr 29, 2026 | “a distribution agreement with Nestlé for RTD coffee drinks with milk and milk drinks with coffee under Nescafé and Starbucks” |
| partner | GENERATION INCOME PROPERTIES, INC. (GIPR) | 10-K Apr 1, 2026 | “On May 29, 2025, the Company, through the Operating Partnership, entered into a loan transaction with the Company's Chief Executive Officer, for $610,000 to fund closing costs relating to the sale of the Company's Auburn University-occupied industrial building located in Huntsville, Alabama and Starbucks-occupied retail building located in Tampa, Florida.” |
| partner | Oatly Group AB (OTLY) | 20-F Mar 13, 2026 | “Our products are sold globally through a variety of channels, from independent coffee shops to nation-wide partnerships with established franchises like Starbucks, from food retailers like Target and Tesco to premium natural grocers and corner stores, as well as through e-commerce channels such as Alibaba's Tmall.” |
| supplier | LIFETIME BRANDS, INC (LCUT) | 10-K Mar 12, 2026 | “The Company's products are sold globally to a diverse customer base including mass market merchants (such as Walmart Inc. ("Walmart") and Target), specialty stores (such as Williams Sonoma and Dunelm), department stores (such as Macy's, Kohl's and Belk), warehouse clubs (such as Costco Wholesale Corporation ("Costco"), and BJs), grocery stores (such as Publix, Kroger, Meijer, and Fred Meyer), off-price retailers (…” |
| supplier | TARGET CORP (TGT) | 10-K Mar 11, 2026 | “We also sell merchandise through periodic exclusive design and creative partnerships, and shop-in-shop experiences, with partners such as Apple, Levi's, and Ulta Beauty, and generate revenue from in-store amenities such as Starbucks and Target Optical.” |
| competitor | FIRSTSUN CAPITAL BANCORP (FSUN) | 10-K Mar 6, 2026 | “Companies as disparate as PayPal and Starbucks provide payment and exchange services which compete directly with banks in ways not possible traditionally.” |
| competitor | Black Rock Coffee Bar, Inc. (BRCB) | 10-K Mar 4, 2026 | “If our stores cannot compete successfully with other beverage and coffee stores, including Starbucks and Dutch Bros, other specialty coffee stores, drive-thru QSRs and the growing number of coffee delivery options in new and existing markets, we could lose guests and our brand perception and revenue could decline.” |
| competitor | Celsius Holdings, Inc. (CELH) | 10-K Mar 2, 2026 | “Our direct competitors in the functional energy drink sector include but are not limited to Monster Beverage Corporation, Red Bull GmbH, The Coca-Cola Company, Pepsi, Keurig Dr Pepper Inc., Nestlé S.A., BlueTriton Brands, Starbucks Corporation, Congo Brands and Molson Coors.” |
| competitor | BRC Inc. (BRCC) | 10-K Mar 2, 2026 | “Our competitors include large international food and beverage companies like Nestlé, Starbucks, Monster, and Pepsi, as well as private-label brands and smaller high-growth food and beverage companies.” |
| competitor | Monster Beverage Corp (MNST) | 10-K Feb 27, 2026 | “Our Reign Storm® Total Wellness Energy product line competes directly with CELSIUS, Alani Nu, Bloom, Starbucks Iced Energy, UPTIME Energy, PHORM Energy, ZOA Energy, Bum Energy, Gorilla Mind, and C4 Smart Energy.” |
| competitor | NICOLET BANKSHARES INC (NIC) | 10-K Feb 27, 2026 | “Companies as disparate as PayPal and Starbucks provide payment and exchange services which compete directly with banks in ways not possible traditionally.” |
| partner | Keurig Dr Pepper Inc. (KDP) | 10-K Feb 24, 2026 | “Our partner brands include Starbucks, Dunkin', Folgers, and Peet's, among others.” |
SBUX analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.71 | $0.68 | +4.0% | $9.24B | 28 |
| Next quarter (ends Dec 2026) | $0.75 | $0.76 | -1.1% | $9.58B | 18 |
| Current fiscal year (ends Sep 2026) | $2.61 | $2.39 | +9.1% | $38.01B | 33 |
| Next fiscal year (ends Sep 2027) | $3.13 | $3.01 | +3.9% | $38.51B | 33 |
SBUX options: expected move
Options price a move of about ±6.6% (±$6.75) by Oct 30, 2026, which includes earnings on Oct 29, 2026. Over the last 8 reports the stock moved ±3.7% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 55.9% | ±6.6% |
| Nov 6, 2026 | 14 | 45.0% | ±7.3% |
| Nov 13, 2026 | 21 | 43.1% | ±8.7% |
| Nov 20, 2026 | 28 | 36.9% | ±8.4% |
| Nov 27, 2026 | 35 | 33.3% | ±8.4% |
| Dec 4, 2026 | 42 | 30.1% | ±8.2% |
| Dec 18, 2026 | 56 | 31.6% | ±10.0% |
| Jan 15, 2027 | 84 | 29.2% | ±11.3% |
30-day implied volatility 35.1% vs 23.6% realized over the last 30 trading days. Put/call ratio (volume) 1.7. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:21 UTC)
| Price | USD 101.91 |
|---|---|
| Change | ▲ 2.86% (up) |
| Previous Close | USD 99.08 |
| Open | USD 99.17 |
| Day Range | USD 98.68 – 102.02 |
| 52-Week Range | USD 77.99 – 110.51 |
| Volume | 9,589,988 shares |
| Market Cap | $116.18B |
| Exchange | NMS |
Technical Analysis (SBUX)
Nexqual's technical model rates SBUX "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:21 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 62.13 (neutral) |
| vs SMA50 | Above (USD 99.66) |
| MACD | 0.2 (positive) |
Analyst Ratings (SBUX)
Wall Street analysts rate SBUX "Hold" based on 35 analysts, with a mean price target of USD 110.52 (range USD 82–143), per Nexqual as of October 23, 2026 at 09:21 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 35 |
| Mean Target | USD 110.52 |
| High Target | USD 143 |
| Low Target | USD 82 |
| Buy / Hold / Sell | 14 / 18 / 3 |
Earnings (SBUX)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 0.71 |
| Revenue Estimate | $9.24B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.85 vs est 0.65 ▲ beat |
| 2026-03-31 | USD 0.5 vs est 0.44 ▲ beat |
| 2025-12-31 | USD 0.56 vs est 0.59 ▼ miss |
| 2025-09-30 | USD 0.52 vs est 0.56 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Financials & Fundamentals (SBUX)
| Total Revenue | $38.34B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -1.40% |
| Gross Margin | +22.34% |
| Operating Margin | +12.92% |
| Profit Margin | +5.17% |
| Current Ratio | 0.76 |
| Total Cash | $3.61B |
| Total Debt | $22.45B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $3.64B (9.5% of revenue) |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Financial Health Score (SBUX)
Nexqual rates Starbucks Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:21 UTC.
| Growth | Mixed — Revenue +2.8% YoY (annual), slow |
|---|---|
| Profitability | Mixed — Gross margin 22%, operating 13% (last 12 months) |
| Balance Sheet | Mixed — $3.61B cash and investments vs $13.3B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $3.64B (last 4 quarters to Jun 2026, SEC), 9% margin |
| Efficiency | Mixed — No data |
Ownership (SBUX)
| Insider Ownership | +0.13% |
|---|---|
| Institutional Ownership | +86.94% |
| Shares Outstanding | 1.14B |
| Float | 1.14B |
| Short % of Float | +4.09% |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Leadership (SBUX)
Starbucks Corporation is led by Brian R. Niccol, Chairman & CEO, per Nexqual as of October 23, 2026 at 09:21 UTC.
| Chairman & CEO | Brian R. Niccol |
|---|---|
| Executive VP & CFO | Catherine R. Smith |
| EVP & COO | Mike Grams |
| EVP & CTO | Anand Varadarajan |
| Senior Vice President of Global Growth & Concepts | Andy Adams |
Major Backers & Investors (SBUX)
Notable institutional backers of Starbucks Corporation include Capital Group, Invesco, AMERICAN MUTUAL FUND, according to Nexqual as of October 23, 2026 at 09:21 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Capital Group | 17.64% |
| Invesco | 3.38% |
| AMERICAN MUTUAL FUND | 2.54% |
| FMR, LLC | 2.31% |
| AMERICAN BALANCED FUND | 2.21% |
| Investment Co of America | 2.06% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 9.17% |
| BlackRock | 7.3% |
| State Street | 4.32% |
| Geode Capital | 2.51% |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
From Starbucks Corporation's Latest SEC 10-K Filing (filed 2025-11-14)
Key Strengths & Strategy (as disclosed to the SEC)
- Our ability to vary the size and format of our stores allows us to locate them in or near a variety of settings, including downtown and suburban retail centers, office buildings, university campuses, and rural and off-highway locations.
Partnerships
- We also sell a variety of coffee and tea products and license our trademarks through other channels, such as licensed stores as well as grocery and foodservice through our Global Coffee Alliance with Nestlé S.A. ("Nestlé").
- A large portion of our Channel Development business operates under a licensed model of the Global Coffee Alliance with Nestlé, while our global ready-to-drink businesses operate under collaborative relationships with PepsiCo, Inc., Nestlé, and others.
Legal & Regulatory Risks (Item 1A, quoted)
- Failure to comply with applicable laws and changing legal and regulatory requirements could harm our business and financial results.
- We have been, and could continue to be, party to litigation or other legal proceedings that could adversely affect our business, results, operations, and reputation.
- We are, and may continue to be, subject to litigation and legal proceedings that could adversely affect our business.
- Risks Related to Cybersecurity, Data Privacy, and Information Technology
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| MCD | McDonald's Corporation | USD 252.63 | ▲ 2.59% |
| YUM | Yum! Brands, Inc. | USD 154.45 | ▲ 2.12% |
| CMG | Chipotle Mexican Grill, Inc. | USD 28.14 | ▲ 0.07% |
| QSR | Restaurant Brands International | USD 76.41 | ▲ 3.05% |
| DRI | Darden Restaurants, Inc. | USD 217.56 | ▲ 1.42% |
| YUMC | Yum China Holdings, Inc. | USD 44.76 | ▲ 0.67% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:21 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt