Starbucks stock: Wells Fargo cuts target for Starbucks stock from USD 125.00 to USD 120.00

Published on 10/23/2026 at 16:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results arrive on October 29, 2026. Starbucks stock costs EUR 90.43 on October 23, 2026, and its Nasdaq range is USD 77.99 to USD 110.51.

Target cut and earnings date

Wells Fargo lowered its Starbucks target from USD 125.00 to USD 120.00 on October 21, 2026.
Starbucks is scheduled to report fourth-quarter and full-year results on October 29, 2026.
Starbucks stock costs EUR 90.43 at Lang & Schwarz on October 23, 2026 at 4:12 p.m. CEST.
The Nasdaq range is USD 77.99 to USD 110.51 as of October 23, 2026.

Pop-Art-Comic-Illustration einer Frau mit weißer Kaffeetasse an einer mediterranen Küste — Starbucks Corp. US8552441094 inszeniert farbenfrohen Pop-Art-Comic mit stilvoller Frau und weißer Kaffeetasse am Meer, Illustration mit AI erstellt.

Starbucks Corp. (ISIN US8552441094) faced a Wells Fargo target cut from USD 125.00 to USD 120.00 on October 21, 2026, while the firm kept its Overweight rating, according to MarketBeat. At Lang & Schwarz, the stock was trading at EUR 90.43 on October 23, 2026 at 4:12 p.m. CEST.

Customer traffic sets the tone

Starbucks delivered 7.9 percent global comparable sales growth in fiscal third quarter 2026, while comparable transactions increased 4.2 percent. Revenue fell 1.4 percent to USD 9.32 billion in the same period, according to Yahoo Finance. The comparison reflects the companys continuing effort to rebuild traffic while absorbing a weaker revenue mix.

Stock range leaves room for volatility

The Nasdaq quote was USD 101.26 at 10:28 a.m. EDT on October 23, 2026. Starbucks carried a USD 77.99 to USD 110.51 52-week range and a USD 115.4 billion market capitalization at that point. The stock therefore remained below its yearly high while the price-to-earnings ratio stood at 58.02.

Results date and valuation

Starbucks is scheduled to release fourth-quarter and full-year fiscal 2026 results on October 29, 2026, after the market close, according to the companys event page at Starbucks. The date gives investors a near-term test for the traffic recovery and for the earnings effect of the lower revenue base.

Comparison with peers

Starbucks: down 0.64 percent, price-to-earnings ratio 58.02, market capitalization USD 115.4 billion.

McDonalds (NYSE, USD): down 2.00 percent, price-to-earnings ratio 20.11, market capitalization USD 175.2 billion.

Yum! Brands (NYSE, USD): down 2.83 percent, price-to-earnings ratio 18.84, market capitalization USD 41.0 billion.

Price remains below the yearly high

Starbucks had a market capitalization of USD 115.4 billion and traded on Nasdaq under the ticker SBUX on October 23, 2026. Its fiscal 2025 revenue was USD 37.18 billion and net income attributable to common shareholders was USD 1.86 billion, according to the latest annual financial statements. Those figures provide historical scale rather than a substitute for the upcoming fiscal 2026 report.

At Lang & Schwarz, Starbucks was trading at EUR 90.43 on October 23, 2026 at 4:12 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Starbucks stock.