Q2 Earnings Forecast for Starbucks Issued By Zacks Research

Starbucks Co. (NASDAQ:SBUX) – Equities research analysts at Zacks Research lowered their Q2 2025 earnings estimates for shares of Starbucks in a research report issued to clients and investors on Tuesday, February 18th. Zacks Research analyst H. Ray now forecasts that the coffee company will earn $0.53 per share for the quarter, down from their previous forecast of $0.61. The consensus estimate for Starbucks’ current full-year earnings is $3.00 per share. Zacks Research also issued estimates for Starbucks’ Q3 2025 earnings at $0.87 EPS, Q4 2025 earnings at $0.88 EPS, FY2025 earnings at $2.97 EPS, Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $0.93 EPS, Q4 2026 earnings at $1.06 EPS, FY2026 earnings at $3.50 EPS and FY2027 earnings at $4.37 EPS.

Starbucks (NASDAQ:SBUX) last posted its quarterly 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 44.97%. During the same period in the previous year, the business posted $0.90 earnings per share.

Several other analysts have also recently weighed in on the stock. Stifel Nicolaus increased their price target on shares of Starbucks from $110.00 to $114.00 and gave the company a “buy” rating in a research note on Monday, January 27th. TD Cowen reaffirmed a “buy” rating and set a $110.00 price objective on shares of Starbucks in a research report on Monday, November 11th. Citigroup increased their price objective on shares of Starbucks from $96.00 to $99.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. BMO Capital Markets increased their price objective on shares of Starbucks from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 29th. Finally, UBS Group increased their price objective on shares of Starbucks from $98.00 to $105.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. 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. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $105.33.

Starbucks Price Performance

Starbucks stock opened at $113.34 on Thursday. The firm has a 50 day simple moving average of $99.44 and a 200-day simple moving average of $96.89. Starbucks has a 1-year low of $71.55 and a 1-year high of $113.50. The stock has a market cap of $128.74 billion, a price-to-earnings ratio of 36.56, a price-to-earnings-growth ratio of 3.56 and a beta of 1.00.

Institutional Investors Weigh In On Starbucks

A number of hedge funds and other institutional investors have recently modified their holdings of SBUX. Allspring Global Investments Holdings LLC raised its holdings in shares of Starbucks by 40.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 496,951 shares of the coffee company’s stock valued at $48,448,000 after purchasing an additional 143,258 shares in the last quarter. Foundations Investment Advisors LLC grew its position in Starbucks by 16.9% during the 3rd quarter. Foundations Investment Advisors LLC now owns 23,028 shares of the coffee company’s stock worth $2,245,000 after purchasing an additional 3,330 shares during the last quarter. Eastern Bank grew its position in Starbucks by 542.2% during the 3rd quarter. Eastern Bank now owns 17,918 shares of the coffee company’s stock worth $1,747,000 after purchasing an additional 15,128 shares during the last quarter. Leo Wealth LLC purchased a new position in Starbucks during the 3rd quarter worth $267,000. Finally, Alexander Labrunerie & CO. Inc. boosted its holdings in shares of Starbucks by 18.3% in the third quarter. Alexander Labrunerie & CO. Inc. now owns 3,943 shares of the coffee company’s stock valued at $384,000 after acquiring an additional 611 shares in the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.

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.