Starbucks stock: Citigroup cuts target for Starbucks stock to USD 104.00 from USD 112.00

Published on 10/19/2026 at 16:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 9.32 billion in fiscal third quarter 2026. Starbucks stock costs EUR 86.51 on October 19, 2026 at 4:00 p.m. CEST at Lang & Schwarz.

Analyst view and upcoming results

Citigroup lowered its Starbucks target to USD 104.00 from USD 112.00 on October 19, 2026.
Starbucks' market capitalization stood at USD 110.7 billion on October 19, 2026.
Starbucks stock costs EUR 86.51 at Lang & Schwarz on October 19, 2026 at 4:00 p.m. CEST.
Starbucks plans to release fiscal fourth-quarter and full-year results on October 29, 2026.

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Citigroup lowered its Starbucks price target from USD 112.00 to USD 104.00 on October 19, 2026, according to MarketScreener. Against the Nasdaq quotation of USD 97.13 at 10:01 a.m. EDT, the revised target is 7.07 percent higher. Starbucks stock was trading at EUR 86.51 at Lang & Schwarz on October 19, 2026 at 4:00 p.m. CEST.

What does the target imply?

The revised USD 104.00 target sits below Citigroup's earlier USD 112.00 view, a reduction of 7.14 percent. The target remains above the US quotation, while the euro quotation serves as the price perspective for investors in Germany.

Starbucks reported USD 9.32 billion in revenue and USD 0.91 in diluted earnings per share for the fiscal third quarter ended June 28, 2026. The figures place the upcoming results in a concrete operating context, with the next report scheduled after the market close on October 29.

Price position and valuation

The Nasdaq quotation was USD 97.13 at 10:01 a.m. EDT on October 19, 2026, with the session open. Starbucks' 52-week range was USD 77.99 to USD 110.51, putting the quotation 12.11 percent below the high and 24.54 percent above the low.

The company had a market capitalization of USD 110.7 billion and a price-to-earnings ratio of 55.79 on October 19, 2026. The trailing dividend yield was 3.00 percent. Starbucks operates company-owned and licensed coffeehouses and also sells packaged coffee and related products.

Comparison with peers

Starbucks Corp.: P/E 55.79, market capitalization USD 110.7 billion

McDonald's Corporation (NYSE, USD): P/E 19.55, market capitalization USD 170.5 billion

Chipotle Mexican Grill, Inc. (NYSE, USD): P/E 27.03, market capitalization USD 37.3 billion

Starbucks plans to release fiscal fourth-quarter and full-year 2026 results after market close on October 29, 2026, according to Business Wire. The earnings call is scheduled for 1:15 p.m. Pacific Time.

Starbucks stock and the next date

For investors, the target revision and the October 29 reporting date create two separate checkpoints. The lower Citigroup target contrasts with the 2026 fiscal third-quarter revenue figure, while the valuation remains higher than those of McDonald's and Chipotle on the quoted ratios.

Starbucks stock was trading at EUR 86.51 at Lang & Schwarz on October 19, 2026 at 4:00 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Starbucks stock.