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SBUX

STARBUCKS CORPEvidence as of 2026-09-03

Overview · STARBUCKS CORP

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfa…

SectorConsumer Cyclical
IndustryRestaurants
Typeequity
ExchangeNASDAQ
Employees402,000
www.starbucks.com

Management team

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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.

Moneyta sentiment

Where the published evidence leans after the desk debated it — not a rating or a recommendation.

Mixedhigh confidence
−2 · strongly unfavorable0 · balanced+2 · strongly favorable

+0.3 on a −2 to +2 scale.

What builds the score

Fundamentals
+0.5
Market signals
+0.3
Ownership and flow
+0.0

Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.

News tonecontext · not scored+1.0 observed
2 favorable0 neutral0 unfavorableacross 2 outlets · 3 stories deduped to 2 storylines

Editor's note

Written after the debate settled — the rest of the page is the evidence behind it.

GoodwinAI editor

The surviving claims produce a Mixed evidence balance (+0.3 of a possible +2; confidence high). Reported revenues were $9,915,100,000 in fiscal Q1 2026 (fiscal quarter ended 2026-01-22), $8,761,600,000 in fiscal Q2 2026 (fiscal quarter ended 2026-04-22) and $9,322,700,000 in fiscal Q3 2026 (fiscal quarter ended 2026-07-23). Operating income read $890,800,000, $601,000,000 and $980,400,000 in those same quarters, and net income moved from $293,300,000 to $384,200,000 to $1,045,300,000 with diluted EPS of $0.26, $0.34 and $0.91, respectively.

Balance-sheet snapshots show total assets declining from $32,228,300,000 as of 2025-12-28 to $28,294,700,000 as of 2026-06-28 while total liabilities fell from $40,609,600,000 to $35,961,800,000 over the same points; long-term debt declined from $16,080,400,000 to $13,278,600,000 over the reported dates and reported cash was $3,177,500,000, implying material net debt on the balance sheet used in the valuation. Market and valuation metrics that survived the review include a price above the 50- and 200-day SMAs (price_vs_sma50 +1.3%, price_vs_sma200 +10.1%, golden_cross age 157 days), lower-than-median near-term volatility, a low beta to the S&P 500 (beta_spy 0.56), and trailing multiples such as P/E TTM 50.58, EV/EBITDA TTM 25.21 and price-to-FCF TTM 22.12; the model implies an FCF growth rate of 11.46% consistent with the current price.

How this note was made

every stage ran before the note was written
Analystsread the evidence
Debatebull ⇄ bear ×2
Chairrules on every claim
Riskstress-tests the read
Sentimentweighs what survived
Editorwrites the note

Analyst desk

Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.

MercerAI fundamentals analyst
+0.0

Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.

Reported revenues were $9,915,100,000 for fiscal Q1 2026 (2025-09-29 to 2025-12-28, 3mo), $8,761,600,000 for fiscal Q2 2026 (2024-12-30 to 2025-03-30, 3mo) and $9,322,700,000 for fiscal Q3 2026 (2026-03-30 to 2026-06-28, 3mo).

XBRL companyfacts · 0000829224-26-000011

Operating income was $890,800,000 in fiscal Q1 2026 (2025-09-29 to 2025-12-28, 3mo), $601,000,000 in fiscal Q2 2026 (2024-12-30 to 2025-03-30, 3mo) and $980,400,000 in fiscal Q3 2026 (2026-03-30 to 2026-06-28, 3mo).

XBRL companyfacts · 0000829224-26-000011
OakesAI filings and risk analyst
+0.0

Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.

Nothing in this slice of the evidence rose to a claim — a quiet read, which itself is information.

Which filings the desk reads

The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.

NashAI market signals analyst
+0.0

Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.

Momentum measures show positive recent performance: momentum_3m is +11.3%, momentum_6m is +10.5%, and momentum_12_1 is +24.1% (rank_momentum_6m: 58th percentile of 547; rank_momentum_12_1: 61th percentile of 547).

Moneyta signal set · 2026-09-02weakened in debate

Price sits above both medium and long-term simple moving averages: price_vs_sma50 is +1.3% and price_vs_sma200 is +10.1%; a golden_cross is present with cross_age_days of 157.

Moneyta signal set · 2026-09-02
EllisAI ownership and flow analyst
+0.0

Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.

As of 2026-09-02, SBUX is held in the ETF with symbol IVV at a weight of 0.18% of that fund.

ETF constituents · market data

The provided data shows membership/exposure of SBUX in the ETF IVV as of 2026-09-02 (this is a factual holding snapshot, not a recommendation).

ETF constituents · market data
YatesAI news analyst
+1.0

Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.

An article on finance.yahoo.com published 2026-09-02 focuses on a company-specific initiative described as a "new secret weapon for driving traffic" for Starbucks.

News · finance.yahoo.com · 2026-09-02

A New York Post article published 2026-09-02 reports an appeals court ruling that Starbucks' dress code did not violate NYC workers' labor rights, a legal/development-focused item about the company.

News · nypost.com · 2026-09-02
TalbotAI insider activity analyst
no data on file

Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.

No insider transactions on file in the trailing 180 days.

ArcherAI valuation analyst
−1.0

Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.

The implied free cash flow (FCF) growth rate that today's price would justify, under the model's discount and terminal assumptions, is 11.46%.

Valuation inputs · SEC XBRL + stored EOD close

Trailing twelve-month price-to-FCF is 22.12 (FCF TTM = $5,517,500,000 and fcf_per_share = $4.8238).

Valuation inputs · SEC XBRL + stored EOD close

Debate and risk review

A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.

Debate1 round · 9 claims contested

A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.

The bull case

Several company-specific operational and market signals jointly support a favorable read. Quarterly operating income and net income show a clear recovery into fiscal Q3 2026 (fundamentals-1, fundamentals-2), while long-term debt has declined materially over the same period (fundamentals-4), improving balance-sheet leverage dynamics. Market technicals and risk metrics (positive short- and medium-term momentum, price above SMAs, a golden cross, below-median volatility, and low beta) indicate constructive market positioning and lower relative market sensitivity (market-0, market-1, market-3, market-4). Multiple distinct news items on 2026-09-02 focused on company initiatives and a favorable legal outcome, corroborating company-specific drivers rather than a broad market story (news-0, news-1, news-2). Street coverage skewed toward Buy ratings in recent updates provides additional third-party corroboration of positive sentiment (third-party consensus).

The bear case

Chair's verdict, claim by claim

An article on finance.yahoo.com published 2026-09-02 focuses on a company-specific initiative described as a "new secret weapon for driving traffic" for Starbucks.The cited Yahoo Finance article about a company initiative on 2026-09-02 exists and matches the description.upheld
A New York Post article published 2026-09-02 reports an appeals court ruling that Starbucks' dress code did not violate NYC workers' labor rights, a legal/development-focused item about the company.The New York Post piece on the appeals-court dress-code ruling on 2026-09-02 is a company-specific legal item reflected in the news source.upheld
Momentum measures show positive recent performance: momentum_3m is +11.3%, momentum_6m is +10.5%, and momentum_12_1 is +24.1% (rank_momentum_6m: 58th percentile of 547; rank_momentum_12_1: 61th percentile of 547).Reported short- and medium-term momentum readings for SBUX are accurate, but the base-rate flag shows similar momentum across many names, so the claim is directionally correct but potentially reflects a broader market pattern rather than unique company strength.weakened
Risk review

Fragility · computed, not argued

balanced0.43

22 surviving claims rest on 7 distinct sources; the heaviest analyst carries 27% of them, and 98% of what the desk raised survived the debate.

The read combines many surviving facts but rests on a relatively small set of source documents and a single analyst who contributed a large share of the surviving claims. That concentration — plus the very high debate survival rate — means the conclusions carry useful factual weight (they're internally consistent) but are somewhat fragile to additional independent sources or to one analyst being wrong or biased.

Peer context · computed, not argued

12-1 momentum ranks 1st of 4 in Restaurants (as of 2026-09-02).

90-day volatility ranks 3rd of 4 in Restaurants (as of 2026-09-02).

dividend yield ranks 4th of 4 in Restaurants (as of 2026-09-02).

Disconfirming evidence · base rates · falsifiers

Context

Outside consensus, and where this name already sits in your own portfolio.

The street's viewAnalyst consensus · third-party · 2026-09-02
Buy Hold Sell Target

Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.

What this was built from

Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.

13 filings· 1 cited

SEC XBRL filings

Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.

Read by Mercer+0.5 to the score

1 signal set

Moneyta signal set

Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.

Read by Nash+0.3 to the score

1 holdings record

Fund holdings

Which funds hold this name and at what weight, plus insider Form 4 filings.

Read by Ellis+0.0 to the score

2 headlines

News coverage

Recent headlines about this company, rating chatter excluded and nothing published after the report date.

Read by Yatesnothing survived

1 computation

Valuation inputs

TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.

Read by Archercontext only

1 record· 0 cited

Company profile

Sector, industry and company details.

1 record· 0 cited

Analyst consensus

Third-party consensus, shown for context only — it never enters Moneyta sentiment.

Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.

Social sentiment

Crowd chatter as an evidence stream.

Coming soon

Aggregated tone from public social feeds will join the desk as its own evidence stream — read by its own analyst, contested in the same debate, and shown with the same sourcing as every other claim. Until it earns that bar, nothing renders here.

RPT-1a8b7213evidence 3ac45fb81690generated 9/3/2026, 3:28:55 AM · 65s14 model calls View trail

Written by AI, checked against sources

The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.

Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.

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Institutional holders

Net institutional flow, Q/Q

Largest holder position

Insider buys, 90 days

Clustered insider value

Street target range

The real figures are for members. Educational analysis, not advice.

Educational analysis of published data. Moneyta does not give investment advice or make recommendations.