Starbucks stock: UBS cuts target for Starbucks stock from USD 112.00 to USD 105.00

Published on 10/20/2026 at 16:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

U.S. transactions rose 4.20 percent in fiscal third quarter 2026. Starbucks stock costs EUR 88.49 on October 20, 2026, 1.40 percent above Xetra close.

Analyst target and earnings

UBS lowered its Starbucks target from USD 112.00 to USD 105.00 on October 8, 2026.
U.S. transactions rose 4.20 percent in the fiscal third quarter of 2026.
Starbucks stock costs EUR 88.49 at Lang & Schwarz on October 20, 2026 at 4:31 p.m. CEST, 1.40 percent above the Xetra close of October 19, 2026.
Starbucks is scheduled to report fiscal fourth-quarter results on October 29, 2026.

Isometrische 3D-Grafik der Kaffee-Wertschöpfungskette von Farm über Röstung bis Café — Starbucks Corp. US8552441094 veranschaulicht isometrische Wertschöpfungskette von Kaffeefarm über Röstung bis zum Café, Illustration mit AI erstellt.

Starbucks Corp. (ISIN US8552441094) is trading at EUR 88.49 at Lang & Schwarz on October 20, 2026 at 4:31 p.m. CEST, 1.40 percent above the Xetra close of October 19, 2026 at EUR 87.27. UBS lowered its Starbucks price target from USD 112.00 to USD 105.00 on October 8, 2026 while maintaining a Neutral rating, as Investing.com reported.

Customer traffic supports the case

Starbucks delivered a mixed fiscal third quarter of 2026. Adjusted earnings reached USD 0.85 per share, 28.80 percent above the USD 0.66 consensus estimate, while revenue fell 1.40 percent year over year to USD 9.32 billion, below the USD 9.44 billion consensus, according to Zacks. U.S. comparable store sales increased 8.10 percent, supported by a 4.50 percent rise in transactions and a 3.50 percent increase in average ticket.

Margins and valuation divide investors

The operating picture improved but remained uneven. Adjusted operating margin expanded to 14.40 percent in the fiscal third quarter of 2026 from 10.10 percent a year earlier, while restructuring and impairment expenses rose to USD 302.60 million from USD 20.80 million, Zacks reported.

At the U.S. listing, Starbucks was at USD 99.61 on October 20, 2026 at 10:34 a.m. EDT. Its 52-week range was USD 77.99 to USD 110.51, placing the price 9.86 percent below the high. Market capitalization was USD 113.6 billion and the trailing P/E was 57.30. Volume reached 1,625,838 shares at that timestamp.

Results date keeps the calendar tight

Starbucks is scheduled to report fiscal fourth-quarter and full-year 2026 results on October 29, 2026, as Yahoo Finance reported. The next report will test whether the traffic gains can support the margin recovery that underpins the current valuation.

Comparison with peers

Starbucks: up 1.40 percent versus the Xetra close, P/E 57.30, market capitalization USD 113.6 billion.
McDonald's (NYSE, USD): up 1.15 percent, P/E 19.93, market capitalization USD 173.7 billion.
Yum Brands (NYSE, USD): up 1.13 percent, P/E 19.03, market capitalization USD 41.3 billion.

Stock position before results

Starbucks combines stronger U.S. traffic with a valuation that leaves less room for execution setbacks. UBS's target cut puts the analyst debate below the current recovery narrative, while the October 29 report offers the next concrete test of sales and margin progress.

Starbucks stock was trading at EUR 88.49 at Lang & Schwarz on October 20, 2026 at 4:31 p.m. CEST, 1.40 percent above the Xetra close of October 19, 2026 at EUR 87.27. The further course of trading is shown by the continuously updated real-time quote of Starbucks stock.