UBS cuts Starbucks stock target from USD 112 to USD 105

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

Starbucks raised its quarterly payout from USD 0.62 to USD 0.63 per share on October 7, 2026. Starbucks stock was EUR 81.39 on October 12, 2026.

Key points in brief

UBS lowered its Starbucks price target from USD 112.00 to USD 105.00 while keeping a Neutral rating on October 8, 2026.
Starbucks raised its quarterly dividend from USD 0.62 to USD 0.63 per share on October 7, 2026.
Starbucks reported USD 9.32 billion in third-quarter revenue and USD 0.85 adjusted earnings per share on July 29, 2026.
The Lang & Schwarz quote was EUR 81.39 on October 12, 2026 at 12:02 p.m. CEST.
Fiscal fourth-quarter and full-year 2026 results are scheduled for October 29, 2026.

Fotorealistisches modernes Kaffeehaus mit Barista an der Espressomaschine und weißen Bechern — Starbucks Corp. US8552441094 zeigt fotorealistische Kaffeehaus-Szene mit Barista und weißen Bechern am Tresen, Illustration mit AI erstellt.

Starbucks Corp. (ISIN US8552441094) was trading at EUR 81.39 at Lang & Schwarz on October 12, 2026 at 12:02 p.m. CEST. UBS lowered its Starbucks price target from USD 112.00 to USD 105.00 while keeping a Neutral rating on October 8, 2026, ScanX reported.

Three dated signals shape the stock

On July 29, 2026, Starbucks reported USD 9.32 billion in quarterly revenue and USD 0.85 earnings per share, versus USD 0.66 consensus earnings per share, according to MarketBeat.

On October 7, 2026, the company approved a quarterly dividend increase from USD 0.62 to USD 0.63 per share, with an annualized rate of USD 2.52, according to Financial Times. On October 8, 2026, UBS cut its target from USD 112.00 to USD 105.00, the latest of the three dated signals.

What does the target cut mean?

The UBS move puts valuation ahead of the recent operating improvement in the near-term debate. Starbucks had exceeded consensus earnings expectations by USD 0.19 in the quarter, but revenue declined 1.40 percent year over year to USD 9.32 billion, according to MarketBeat.

The dividend provides a separate shareholder-return signal. The USD 0.01 increase lifts the annualized payout to USD 2.52 per share, while the November 13, 2026 record date and November 27, 2026 payment date give the announcement two concrete follow-through dates.

Next results arrive October 29

Starbucks is scheduled to release fourth-quarter and full-year fiscal 2026 results after the market close on October 29, 2026, according to the company's investor-relations calendar. The event is set for 1:15 p.m. Pacific Time, giving investors a defined checkpoint for revenue, margins and the company's fiscal 2026 outlook.

The current quote from Lang & Schwarz was EUR 81.39 on October 12, 2026 at 12:02 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Starbucks Corp stock.