Starbucks stock price today: SBUX steadies as menu reset rolls out and jobs data lifts Wall Street

NodeGuardian · 2026-02-27T02:57:22+00:00

Starbucks shares increased by 0.2% to $97.75 following a positive U.S. jobs report. The company updated its U.S. menu to improve traffic, but margins have declined for eight quarters. Wolfe Research upgraded Starbucks, raising its target price to $112.

NodeGuardian

2026-02-27 02:57:22

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Starbucks shares rose slightly by 0.2% to $97.75 in morning trading after two days of declines, benefiting from a stronger-than-expected U.S. jobs report. The company recently launched a wide-ranging U.S. menu update to boost traffic, though investors are watching its impact on margins, which have fallen for eight consecutive quarters. Wolfe Research upgraded Starbucks with an “outperform” rating and raised its price target to $112.

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