BofA keeps USD 143.00 target for Starbucks stock

Published on 10/08/2026 at 16:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue fell 1.40 percent to USD 9.32 billion. Starbucks stock costs EUR 84.02 on October 8, 2026 after EUR 83.56, plus 0.55 percent.

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Starbucks stock (ISIN US8552441094) was at EUR 84.02 at Lang & Schwarz on October 8, 2026 at 4:05 p.m. CEST, plus 0.55 percent versus the prior close of EUR 83.56. BofA analyst Sara Senatore kept a Buy rating and a USD 143.00 price target on October 1, 2026, as Yahoo Finance reported.

Three milestones shape the turnaround

On July 29, 2026, Starbucks reported third-quarter revenue of USD 9.32 billion and global comparable sales growth of 7.90 percent, according to the Yahoo Finance transcript.

On September 28, 2026, Starbucks planned to close 250 North American stores and absorb an estimated USD 300.00 million restructuring charge, according to MarketBeat.

On October 1, 2026, BofA maintained the USD 143.00 target and Buy rating, leaving its target USD 49.00 above the Nasdaq price of USD 94.00 cited in the report, as Yahoo Finance reported.

What does the turnaround need to prove?

The third-quarter figures show a split picture. Revenue fell 1.40 percent year over year to USD 9.32 billion, but earnings per share rose 70.00 percent year over year to USD 0.85 and consolidated operating margin expanded 430 basis points to 14.40 percent, with tariff refunds affecting the quarter, according to Yahoo Finance.

Management also said U.S. comparable sales increased 7.90 percent in the third quarter and that 35.80 million U.S. Starbucks Rewards members were active over 90 days. Those figures give the turnaround a measurable operating base, while the store closures show that portfolio discipline remains part of the recovery plan.

For valuation, the market capitalization was USD 103.7 billion on October 8, 2026, while the Nasdaq 52-week range stood at USD 77.99 to USD 110.51. The euro quote therefore sits below the company's upper trading range when viewed alongside the separate USD market data.

Next date is October 29

The fiscal fourth-quarter earnings conference call was tentatively scheduled for October 29, 2026, according to the Yahoo Finance transcript. That report will test whether comparable sales growth can offset the revenue pressure created by the China business transition and the costs of store reinvestment.

Starbucks stock holds a measured gain

At Lang & Schwarz, Starbucks stock was trading at EUR 84.02 on October 8, 2026 at 4:05 p.m. CEST, plus 0.55 percent versus the Lang & Schwarz prior close of EUR 83.56. On Nasdaq, the stock was last at USD 90.98 on October 8, 2026 at 10:12 a.m. ET. The further course of trading is shown by the continuously updated real-time quote of Starbucks stock.