The Zhitong Finance App learned that Starbucks (SBUX.US) will announce its financial results for the fourth quarter of the 2026 fiscal year on October 29. In a research report released recently, Morgan Stanley believes that Starbucks's Q4 revenue performance in the US market is still good, and maintains the forecast of 7% increase in same-store sales. The bank raised its earnings per share (EPS) forecast for Starbucks Q4 and the 2026-2028 fiscal year, and indicated that room for upward operating leverage and profit margins will be the key to the 2027 fiscal year results. The attractiveness of the stock has increased after the recent correction in its price, but there is still analysis in the market. The bank maintained an “excess” rating on Starbucks until the earnings report was announced, and the target price was 115 US dollars. This target price has about 23% upside compared to the stock's closing price of $93.25 on Wednesday.

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