Equities Analysts Issue Forecasts for Starbucks Q2 Earnings

Starbucks Co. (NASDAQ:SBUX) – Stock analysts at William Blair lowered their Q2 2025 earnings per share (EPS) estimates for Starbucks in a research note issued to investors on Wednesday, January 29th. William Blair analyst S. Zackfia now anticipates that the coffee company will post earnings per share of $0.51 for the quarter, down from their previous estimate of $0.61. The consensus estimate for Starbucks’ current full-year earnings is $3.00 per share. William Blair also issued estimates for Starbucks’ Q3 2025 earnings at $0.83 EPS, Q4 2025 earnings at $0.88 EPS, FY2025 earnings at $2.91 EPS and FY2026 earnings at $3.29 EPS.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Tuesday, January 28th. The coffee company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.01. Starbucks had a net margin of 9.73% and a negative return on equity of 44.30%. During the same period in the previous year, the business earned $0.90 EPS.

A number of other research firms also recently commented on SBUX. Redburn Atlantic reaffirmed a “sell” rating and issued a $77.00 target price (down from $84.00) on shares of Starbucks in a research report on Wednesday, November 13th. UBS Group upped their price target on Starbucks from $98.00 to $105.00 and gave the stock a “neutral” rating in a research note on Wednesday. BTIG Research boosted their price objective on shares of Starbucks from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. Wedbush raised their target price on shares of Starbucks from $95.00 to $100.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Wells Fargo & Company boosted their price target on shares of Starbucks from $110.00 to $115.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 26th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $105.33.

Starbucks Price Performance

Shares of NASDAQ SBUX opened at $107.68 on Thursday. The business has a 50-day moving average of $96.08 and a two-hundred day moving average of $93.11. The company has a market capitalization of $122.31 billion, a price-to-earnings ratio of 34.74, a price-to-earnings-growth ratio of 3.47 and a beta of 0.99. Starbucks has a 1 year low of $71.55 and a 1 year high of $110.34.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Kuhn & Co Investment Counsel boosted its position in shares of Starbucks by 2.3% in the 4th quarter. Kuhn & Co Investment Counsel now owns 4,240 shares of the coffee company’s stock valued at $387,000 after purchasing an additional 96 shares during the period. Jmac Enterprises LLC grew its position in Starbucks by 1.0% in the fourth quarter. Jmac Enterprises LLC now owns 9,995 shares of the coffee company’s stock worth $912,000 after acquiring an additional 103 shares in the last quarter. Aspire Capital Advisors LLC increased its position in Starbucks by 0.5% during the fourth quarter. Aspire Capital Advisors LLC now owns 23,210 shares of the coffee company’s stock worth $2,118,000 after buying an additional 104 shares during the last quarter. Riverview Trust Co grew its holdings in Starbucks by 3.4% during the third quarter. Riverview Trust Co now owns 3,199 shares of the coffee company’s stock valued at $312,000 after purchasing an additional 105 shares during the last quarter. Finally, Optas LLC boosted its holdings in Starbucks by 0.6% during the fourth quarter. Optas LLC now owns 16,711 shares of the coffee company’s stock valued at $1,525,000 after acquiring an additional 105 shares during the period. 72.29% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Rachel Ruggeri sold 1,491 shares of Starbucks stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $99.54, for a total value of $148,414.14. Following the sale, the chief financial officer now directly owns 80,124 shares in the company, valued at $7,975,542.96. This trade represents a 1.83 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.98% of the stock is currently owned by corporate insiders.

Starbucks Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a $0.61 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.44 annualized dividend and a dividend yield of 2.27%. Starbucks’s payout ratio is 78.71%.

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.