Key Highlights

● SBUX shares ended 9 October 2026 at $90.75, down 2.64%.

● Market data consensus target is $110.80, implying about 22.1% upside.

● Targets range from $82.00 to $130.00.

● Baird lowered its target from $124 to $115 on 2 October.

Starbucks (NASDAQ:SBUX), a constituent of both the S&P 500 and the Nasdaq-100, closed at $90.75 on Friday 9 October 2026, down 2.64% on the day. Analyst targets sit well above that level, with the consensus implying upside of about 22.1%. Recent broker revisions have mostly been downward.

What Is the Latest Analyst Price Target?

Market data reports a consensus price target of $110.80 from 40 ratings in the past 12 months, with a high of $130.00 and a low of $82.00. Against the $90.75 close, the consensus target suggests upside of about 22.1%. The second data set shows a mean of $111.33 and a median of $111.50 across 36 analysts, with a high of $143 and a low of $82, implying about 22.7% above the same price.

The two data sets are close and both fit recent named broker targets, which cluster between $105 and $130. Market data's $110.80 is used here as the headline consensus.

What Are Wall Street Analysts Saying?

Market data shows 23 Buy, 12 Hold and 5 Sell ratings, a Hold consensus. The second data set lists 12 Strong Buy, 3 Buy, 19 Hold, 1 Sell and 1 Strong Sell for October, which it summarises as Buy.

Recent named actions on market data have mostly trimmed targets. Robert W. Baird lowered its target from $124 to $115 on 2 October 2026 and kept an Outperform rating. On 29 September, JPMorgan cut from $112 to $105 with an Overweight rating, and UBS cut from $112 to $105 with a Neutral rating on 8 October. DA Davidson reiterated Neutral with a $110 target on 9 October, while Raymond James, William Blair and BTIG Research reiterated positive ratings without targets shown.

Around the company's results on 30 July, many brokers raised targets, including BMO Capital Markets to $130, Deutsche Bank to $126 and Piper Sandler to $120. Market data also records several downgrades on 3 August, including Bernstein from Outperform to Market Perform.

What Could Help the Stock Reach the Price Target?

The consensus target suggests analysts see room for the shares to recover from current levels. If the company's own filings confirm that guidance, and it delivers, brokers with targets of $120 to $130 may have grounds to hold them, which would support the average.

What Could Prevent the Stock Reaching the Target?

The direction of the latest revisions is cautious: Baird, JPMorgan and UBS all cut targets within the past fortnight. The shares are roughly 18% below the consensus, so a sizeable gain is needed to close the gap. Market data shows five Sell ratings, and the August downgrades indicate that some brokers see valuation or execution risks.

What Should Investors Watch Next?

Meanwhile, investors may wish to watch for further target cuts or raises following the early-October reductions.

Starbucks Versus Its Analyst Targets

Starbucks closed at $90.75 on 9 October 2026, down 2.64% on the day, against a market data consensus target of $110.80. Robert W. Baird lowered its target from $124 to $115 on 2 October 2026 and kept an Outperform rating.