Bank of America keeps USD 143.00 target for Starbucks stock

Published on 10/06/2026 at 12:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal Q3 revenue fell 1.40 percent to USD 9.32 billion. Starbucks stock costs EUR 84.00 on October 6, 2026 after EUR 84.04, minus 0.05 percent.

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Starbucks Corporation (ISIN US8552441094) was trading at EUR 84.00 at Lang & Schwarz on October 6, 2026 at 12:34 p.m. CEST, minus 0.05 percent versus the prior close of EUR 84.04. On October 1, Bank of America kept its Buy rating and USD 143.00 price target, according to Yahoo Finance.

Bank of America backs the turnaround

The target gives the analyst view a clear benchmark as Starbucks prepares to report its next quarterly results on October 28, 2026. Bank of America analyst Sara Senatore based the stance partly on customer feedback about Starbucks mobile ordering and artificial intelligence tools, including 66.00 percent of surveyed pre-order customers who said the process felt faster, according to Yahoo Finance.

That support comes with a demanding earnings test. The USD 143.00 target is USD 59.00 above the Lang & Schwarz price, but the two values are in different currencies and do not support a percentage comparison.

Revenue falls as customer traffic improves

In fiscal third quarter 2026, Starbucks reported USD 9.32 billion of consolidated revenue, down 1.40 percent from USD 9.46 billion a year earlier. GAAP diluted earnings per share rose 85.70 percent to USD 0.91 from USD 0.49, while global comparable-store sales increased 7.90 percent.

The operating picture was mixed by segment. North America comparable-store sales rose 8.10 percent, but the China transaction reduced reported international revenue and changed the companys revenue mix. The figures came from the fiscal third-quarter release carried by Yahoo Finance.

Margins remain the central test

Starbucks reported a GAAP operating margin of 10.50 percent in fiscal third quarter 2026, up from 9.90 percent a year earlier. Non-GAAP operating margin reached 14.40 percent, an expansion of 430 basis points, while fiscal 2026 guidance calls for a non-GAAP operating margin above 11.00 percent.

The contrast matters for valuation. Comparable sales and transactions are improving, yet revenue declined because of the China ownership change and restructuring costs remained material. The market therefore needs evidence that higher customer traffic can translate into durable margin expansion rather than only higher operating investment.

Starbucks stock remains below its yearly high

Starbucks stock had a USD 77.99 to USD 110.51 52-week range and a USD 107.7 billion market capitalization as of October 5, 2026. The shares trade on Nasdaq under the ticker SBUX, according to Investing.com.

At Lang & Schwarz, Starbucks stock was trading at EUR 84.00 on October 6, 2026 at 12:34 p.m. CEST, minus 0.05 percent versus the EUR 84.04 prior close of October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Starbucks stock.