Starbucks (SBUX.US) gains support from Morgan Stanley ahead of earnings: Current valuation does not fully reflect profit rebound. Key factors for fiscal year 2027 include operating leverage and profit margin expansion.

Starbucks (SBUX.US) gains support from Morgan Stanley ahead of earnings: Current valuation does not fully reflect profit rebound. Key factors for fiscal year 2027 include operating leverage and profit margin expansion.

智通财经2026/10/15 07:21

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

```htmlAccording to Golden Ten Data, Starbucks (SBUX.US) will announce its fourth quarter financial report for fiscal year 2026 on October 29. In a recent research report, Morgan Stanley believes that Starbucks' Q4 revenue performance in the US market remains strong and maintains its forecast of a 7% same-store sales growth. The bank has raised its forecasts for Starbucks' Q4 and fiscal years 2026-2028 earnings per share (EPS), noting that operating leverage and profit margin upside will be key to fiscal year 2027's performance. The stock has become more attractive after a recent pullback, although there is still market analysis surrounding it. The bank maintains its "Overweight" rating for Starbucks ahead of the earnings report, with a target price of $115. This target price represents an approximately 23% upside from the Wednesday closing price of $93.25.```

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

In October, U.S. existing home sales declined by 5.5% month-on-month, with the annualized rate dropping to 3.75 million units, the lowest since 2010. In the Western region, sales fell to the lowest level since record-keeping began in 1999. Mortgage rates above 7% and persistently high inflation are the main reasons for this downturn. Meanwhile, existing home inventory for sale in October rose to the peak level seen in the same period of 2019, and price momentum has significantly weakened. According to the NAR chief, once interest rates turn around, suppressed homebuying demand could erupt all at once.

华尔街见闻•2026/11/12 15:51