What Does Wall Street Think Of Starbucks’ Earnings?

Starbucks Corporation SBUX 2.47% is down 1.0 percent this week after the company reported mostly in-line earnings but gave relatively weak 2016 guidance. Here’s a look at what several top firms have to say about the stock now.


Analyst Will Slabaugh likes the company’s top-line earnings growth, but worries that the “current valuation (17x our FY16 EBITDA) accounts for such performance, leaving little margin for error and hurting the risk/reward.”

The firm maintains its Equal Weight rating and $56 price target.


Analyst Keith Siegner called Starbucks’ earnings “impressive by any standard, showing how reinvestment into partners, technology and overall customer experience help SBUX gain mind share, wallet share and ultimately sustain growth at scale.”

The firm maintains its Buy rating and $70 price target.

Credit Suisse

Analyst Jason West believes…

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