Starbucks (SBUX) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.80
- Estimate
- $0.71
- Surprise
- +13.3%
- Score at report (before → after)
- 5.0 → 5.1/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Starbucks (SBUX) beat the $0.71 estimate with adjusted EPS of $0.80 — a large 13.3% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.0/10) to Sell at 5.1/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates SBUX Sell at 5.2/10.
3 of the last 4 quarters beat the estimate; this quarter's +13.3% surprise compares with a +13.5% four-quarter average.
What supports the rating
- Strong earnings beat streak (3/4)
- Positive momentum
What argues against it
- Concentration risk — Geographic: North America (74.0%)
- Analyst target reached - limited upside remaining
- Near 52-week high (4.5% away)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $105.51
- Stop
- $101.07
The stock trades at 61.0× trailing but 28.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 91 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
SBUX at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Restaurants
- Market cap
- $120.28B
- P/E (fwd)
- 28.4
- P/E (ttm)
- 61.0
- 52-week range
- $77.99–$110.51
- Off 52-week high
- 4.5%
- RSI (14)
- 91
- Volume vs avg
- 1.15×
- Score today
- 5.2/10