What is SBUX stock price target for 2026?

WallStSmart's 12-month price target for Starbucks Corporation is $35.18, representing 66.7% downside from the current price of $105.50.

What is SBUX stock forecast?

Starbucks Corporation forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is SBUX undervalued based on price targets?

Our DCF intrinsic value for Starbucks Corporation is $132.83, against a current price of $105.50. The margin of safety is 25.38%.

SBUX

Starbucks Corporation

NASDAQ: SBUX · CONSUMER CYCLICAL · RESTAURANTS

$105.50

+8.45% today

Updated 2026-04-29

Market cap

$112.41B

P/E ratio

82.22

P/S ratio

2.98x

EPS (TTM)

$1.20

Dividend yield

2.47%

52W range

$73 – $104

Volume

7.8M

Market cap

$112.41B

P/E ratio

82.22

P/S ratio

2.98x

EPS (TTM)

$1.20

Dividend yield

2.47%

52W range

$73 – $104

Volume

7.8M

Starbucks Corporation (SBUX) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$105.50

Consensus

$100.65

-4.60%

2030 Target

$524.15

+396.82%

DCF

$132.83

+25.38% MoS

Current price

$105.50

Analyst consensus

$100.65

-4.60%

2030 Target

$524.15

+396.82%

Intrinsic (DCF)

$132.83

+25.38% MoS

27 analysts:

12 Buy10 Hold2 Sell

Management guidance

CEO Brian Niccol has stated the turnaround is 'showing up' with focus on store experience and China expansion. Starbucks finalized China JV with Boyu Capital targeting expansion from 8,000 to 20,000 stores. No specific revenue targets provided for 2026-2030, but China retail business valued at $13B+ indicates significant growth ambitions.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$876.59

$50.1B Rev × 20x P/S

Base case (2030)

$524.15

$50.1B Rev × 12x P/S

Bear case (2030)

$352.44

$50.1B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$36.0B	$36.2B	$37.2B	$39.2B	$41.2B	$43.7B	$46.6B	$50.1B
Revenue growth	—	0.6%	2.8%	5.3%	5.3%	6.0%	6.6%	7.5%
EPS	$3.55	$3.31	$0.56	$2.34	$3.02	$3.55	$4.18	$4.95
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$415.70	$433.78	$460.89	$488.00	$524.15

Catalysts & risks

Growth catalysts

+ China market expansion through Boyu Capital JV targeting 20,000 stores

+ US store experience improvements and barista retention program ($1,200 bonuses)

+ Loyalty program overhaul and tiered rewards system driving customer engagement

+ Operating leverage from revenue growth reducing 3.6% profit margin toward historical 6-8% range

Key risks

- Labor cost inflation and unionization pressures offsetting productivity gains

- China execution risk with new JV partner and competitive intensity from local brands

- Consumer spending weakness in discretionary category amid macroeconomic uncertainty

- High valuation (75.4x P/E) provides limited margin of safety

- Activist shareholder pressure and governance challenges limiting management flexibility

Methodology

Starbucks Corporation's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 27 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.