Wells Fargo raises Starbucks price target to $120

0 min read | Published on 16 Jul 2026, 08:49 PM |Updated on 16 Jul 2026, 09:50 PM

Reviewed by

Radhika SScanX News Team

Key Highlights

Wells Fargo analyst Zachary Fadem maintained an Overweight rating on Starbucks and increased the price target to $120 from $115, indicating a stronger valuation outlook.

*this image is generated using AI for illustrative purposes only.

Wells Fargo analyst Zachary Fadem has maintained an Overweight rating on Starbucks (NASDAQ: SBUX) and raised the price target to $120 from $115. The revised target reflects a higher valuation expectation for the company's shares, signaling continued confidence in its market performance.

The rating reaffirms the firm's positive outlook on Starbucks' growth potential. The price target adjustment suggests an upward revision in the stock's projected value based on recent analysis.

Metric	Value
Rating	Overweight
Previous Price Target	$115
New Price Target	$120

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific growth drivers does Wells Fargo anticipate will push Starbucks' stock to the new $120 target?

How might Starbucks' international expansion plans influence its ability to meet the revised valuation expectations?

Could rising commodity costs or supply chain challenges pose risks to achieving the updated price target?

Starbucks to announce Q3 FY26 results on July 29

1 min read | Published on 16 Jul 2026, 03:14 AM |Updated on 16 Jul 2026, 03:14 AM

Reviewed by

Shriram SScanX News Team

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Key Highlights

Starbucks Corporation announced it will release its Q3 FY26 financial results on July 29, 2026, followed by a conference call. The webcast will be available for replay until September 11, 2026.

*this image is generated using AI for illustrative purposes only.

Starbucks Corporation will release its third quarter fiscal year 2026 financial results after market close on Wednesday, July 29, 2026. The company has scheduled a conference call to follow at 1:15 p.m. Pacific Time to discuss the quarterly performance. Investors can access the live webcast, which includes closed captioning, via the company’s investor relations website.

The webcast replay will be accessible until the end of the day on Friday, September 11, 2026. This allows stakeholders to review the management's discussion on the financial outcomes at their convenience. The announcement provides a specific timeline for market participants to evaluate the company's progress in the third quarter.

Starbucks Coffee Company, established in 1971, operates over 41,000 company-operated and licensed coffeehouses globally. The company focuses on responsibly sourcing and roasting high-quality arabica coffee. Its business model includes a significant presence in consumer-packaged goods alongside its retail operations.

Key Event Details

Event	Date and Time
Q3 FY26 Results Release	July 29, 2026 (after market close)
Conference Call	July 29, 2026, 1:15 p.m. Pacific Time
Webcast Replay Availability	Until September 11, 2026

Investors and analysts can direct inquiries to Catherine Park in Investor Relations or Emily Albright in Media. The company emphasizes its commitment to excellence through its guiding principles and the unique Starbucks Experience delivered across its global footprint.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What strategic initiatives will Starbucks prioritize to drive growth in the latter half of fiscal year 2026?

How might the Q3 financial results influence Starbucks' expansion plans in emerging markets?

What impact could global supply chain trends have on Starbucks' cost structure and pricing strategy?