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At close · Wed, Jul 29, 2026
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Earnings

Home›Earnings›Previews›Starbucks shares jump after home-run quarter prompts p…

Starbucks shares jump after home-run quarter prompts price target hike

Reported · Written up by our desk · Previews

CNBC Earnings reports that Starbucks shares rose in extended trading Thursday after the company delivered a strong quarter that the market is reacting to.

The outlet said the move comes as CEO Brian Niccol's turnaround efforts gather momentum, contributing to a new round of analyst reassessments, including a higher price target.

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Sources

CNBC EarningsWe're raising our price target on Starbucks after a home-run quarter

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