Starbucks stock rose 1.29 percent as 250 stores face closure

Published on 09/28/2026 at 10:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Starbucks stock faces a restructuring test after 250 North American stores enter closure plans. Q3 revenue was USD 9.32 billion and adjusted EPS beat consensus by USD 0.19.

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Starbucks stock (ISIN US8552441094) was last at USD 94.86 on Nasdaq on September 25, 2026 at 4:00 p.m. ET, up 1.29 percent from the prior close of USD 93.65. The immediate test for the turnaround is operational: Starbucks plans to close 250 North American coffeehouses.

Store closures sharpen the turnaround

As Global Coffee Report reported on September 28, 2026, the locations are being assessed against customer experience and financial performance standards. The closures add a restructuring dimension to a recovery that has also produced stronger comparable sales.

The pruning matters because Starbucks is reducing the store base while trying to improve traffic and profitability. For investors, the key question is whether weaker locations are being removed selectively or whether the company is still correcting an earlier expansion error.

Q3 margin and EPS provide support

According to Yahoo Finance in its Q3 FY2026 earnings-call transcript, consolidated revenue reached USD 9.32 billion, while operating margin expanded to 14.4 percent. Global comparable sales grew 7.9 percent, and earnings per share increased to USD 0.85.

The earnings comparison is concrete: MarketBeat reported adjusted EPS of USD 0.85 for the quarter versus USD 0.66 consensus, a USD 0.19 beat. Revenue still declined 1.4 percent year over year, showing that margin recovery has advanced faster than the top line.

Target remains above the market price

MarketBeat reported on September 18, 2026, that analysts held a consensus rating of Hold and an average 12-month price target of USD 110.30. UBS had lifted its target from USD 105.00 to USD 112.00 on July 30, 2026, while keeping a Neutral rating.

That target sits 16.28 percent above the USD 94.86 reference price. Starbucks also guided fiscal 2026 adjusted EPS to USD 2.55-2.65, so the valuation debate now depends on whether store pruning and comparable-sales growth can translate into sustained earnings expansion.

Starbucks stock keeps a wide range

Starbucks stock had a 52-week range of USD 77.99 to USD 110.51 as of September 25, 2026. Its market capitalization was USD 108.1 billion and trading volume reached 7,284,234 shares on the same date.