SBUX·ConsumerSELL

Starbucks Corporation

Lucas Skomial·October 17, 2026

Price Target

$50.12

Downside

-48.6%

Investment Thesis

We initiate Starbucks with a SELL and a blended target of USD 50.12 against USD 97.52, roughly 49% modeled downside. The brand, store base, and global reach are real, but brand strength alone does not make an attractive entry price. A five-year DCF and multiples framework points well below the current price: the methods imply USD 37.63 on DCF, USD 57.18 on EV/FCF, and USD 88.32 on normalized P/E.

Full Report

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Report Details

AnalystLucas Skomial

PublishedOctober 17, 2026

SectorConsumer

RatingSELL

Price Target$50.12

Current Price$97.52

For educational purposes only. Not investment advice. Price targets reflect analyst estimates as of the publication date.