Quick Read – SBUX beat EPS estimates by 31%, raised FY26 guidance for the third consecutive time, and our $120.60 price target implies 16% upside. – MCD posts 2.5% comps and CMG reports flat growth, making Starbucks’ 8% global comps the strongest growth story in QSR. – Act now:…
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Starbucks (NASDAQ:SBUX) is showing what a turnaround looks like when the model works. Global comps up 7.9%, an EPS beat of 30.79%, and a raised full-year guide have shifted the narrative from “show me” to “how much runway is left?” Our 24/7 Wall St. price target for Starbucks is $120.60, implying 15.8% upside from the current $104.14. Our research framework rates shares buy with high confidence. 24/7 Wall St.
Price Target Summary From Skepticism to Proof: The Turnaround Is Real Starbucks has climbed 25.21% year to date and 15.02% over the past year. Shares sit roughly 3% off the 52-week high of $109.23 and well above the September 2025 low near $82.68. The Q3 FY26 report on July 29, 2026 confirmed the turnaround.