Starbucks market cap stands at about $106.15 billion as of October 8, 2026, keeping the Seattle-based coffee company among the largest publicly traded restaurant businesses in the United States.
The latest valuation comes as Starbucks shares trade below their recent 52-week high after a strong period of recovery during 2026. The company has delivered four consecutive quarters of comparable-store sales growth, while its latest quarterly results showed stronger customer transactions and improved operating margins.
Starbucks currently trades on the Nasdaq under the ticker SBUX. Its market value changes throughout each trading session because market capitalization depends primarily on the company’s share price and shares outstanding.
The latest available data places Starbucks’ equity value near $106 billion. Another market-data calculation based on the October 7 closing price puts the figure at approximately $106.66 billion. The difference reflects normal changes in the stock price and calculation timing.
Starbucks Market Cap in October 2026
The latest reported Starbucks market cap was approximately $106.15 billion on October 8, 2026.
Market capitalization represents the total value investors assign to a publicly traded company’s outstanding shares. The calculation is straightforward: the share price is multiplied by the number of shares outstanding.
For Starbucks, the calculation can change quickly because the company has more than one billion shares outstanding. Even a modest movement in SBUX can therefore produce a substantial change in total market value.
The latest figures show Starbucks remains a large-cap company with a valuation well above $100 billion.
Market data based on the October 7 close placed Starbucks at approximately $106.66 billion. That session ended with SBUX at $93.58 per share.
Latest Starbucks Market Data
| Metric | Latest available figure |
|---|---|
| Company | Starbucks Corporation |
| Stock ticker | SBUX |
| Exchange | Nasdaq |
| October 7 closing price | $93.58 |
| October 8 market cap | About $106.15 billion |
| Recent market-cap calculation | About $106.66 billion |
| 52-week high | $110.51 |
| 52-week high date | August 13, 2026 |
| Fiscal Q3 2026 revenue | $9.32 billion |
| Global comparable-store sales growth | 7.9% |
| U.S. comparable-store sales growth | 7.9% |
| Global store count at fiscal Q3 end | 41,304 |
The figures provide a current snapshot of Starbucks’ valuation while also showing why its market value can change from one trading day to another.
Starbucks Stock Price Drives Its Market Value
The most important short-term factor affecting Starbucks’ valuation is its stock price.
SBUX closed at $93.58 on October 7, 2026. The stock declined 2.63% during that session after opening at $96.22. It traded as high as $96.28 and as low as $93.19.
Trading volume reached approximately 9.43 million shares.
Starbucks remains below its recent 52-week high of $110.51, which the company reached on August 13.
The gap between the latest closing price and that high illustrates the effect stock movements can have on the company’s market value.
When Starbucks shares rise, the company’s market capitalization rises as well, assuming the number of outstanding shares remains relatively stable. When the shares fall, the market value declines.
This calculation does not mean the underlying business changes by the same amount on every trading day. Market capitalization reflects the price investors are currently willing to pay for the company’s shares.
Starbucks Market Cap Has Increased From the End of 2025
Starbucks entered 2026 with a lower market valuation than it has today.
At the end of 2025, Starbucks had a market capitalization of approximately $95.76 billion. By October 7, 2026, the figure had risen to roughly $106.66 billion.
That represents an increase of more than $10 billion in equity value during the period.
The increase occurred alongside improving operating results and a stronger stock performance earlier in the year.
However, Starbucks’ valuation has not moved in a straight line. The stock has experienced several periods of gains and declines, demonstrating the sensitivity of the company’s market value to investor expectations.
The current valuation therefore reflects both the company’s operating performance and the market’s assessment of its future financial results.
Third-Quarter Results Provide Important Context
Starbucks’ latest reported financial results came from fiscal third quarter 2026.
The company reported revenue of approximately $9.32 billion for the 13-week quarter ended June 28, 2026.
Adjusted earnings came in at $0.85 per share. The result exceeded the market expectation of approximately $0.65 per share.
The quarterly results also showed significant improvement in customer traffic.
Global comparable-store sales increased 7.9%. Comparable transactions increased 4.2%, while the average ticket rose 3.5%.
The U.S. business produced a comparable-store sales increase of 7.9%. U.S. transactions increased 4.2%, while the average ticket increased 3.5%.
Those numbers matter for Starbucks’ valuation because comparable-store sales measure performance at established locations without relying solely on new store openings.
Operating Margin Improved During Fiscal Q3
Starbucks also reported stronger operating profitability during the third quarter.
The company’s GAAP operating margin reached 10.5%, an increase of 60 basis points from the prior year.
Its non-GAAP operating margin reached 14.4%, compared with 10.1% in the same quarter a year earlier.
The improvement is important because Starbucks has been investing in its stores, employees and customer experience while attempting to improve the financial performance of the business.
Higher sales alone do not guarantee a higher valuation. Investors also pay close attention to how much profit Starbucks generates from those sales.
The latest margin improvement therefore provides an important piece of information when evaluating the company’s current market capitalization.
U.S. Starbucks Business Remains Central to Valuation
The United States remains Starbucks’ largest operating market.
During fiscal Q3 2026, U.S. comparable-store sales increased 7.9%.
The company reported U.S. revenue of approximately $6.89 billion during the quarter.
Customer transactions also increased, providing evidence that the improvement was not driven solely by higher prices.
For investors, transaction growth can be especially important because it indicates stronger customer activity at existing locations.
Starbucks has been working to improve the customer experience as part of its turnaround strategy. The company has focused on store operations, service speed, menu simplification and the overall coffeehouse experience.
The latest results show measurable improvement in several of these operating indicators.
Starbucks Operates More Than 41,000 Stores
Starbucks’ global store network remains a major part of its overall business value.
At the end of fiscal Q3 2026, Starbucks had 41,304 stores worldwide.
The United States accounted for 16,933 locations.
The company opened 175 net new stores during the third quarter.
This large store base gives Starbucks significant global scale. It also provides the company with a substantial physical network through which it generates revenue from beverages, food and merchandise.
Store growth remains relevant to market capitalization because investors consider both existing-store performance and the company’s ability to expand its business.
However, Starbucks’ current valuation is not determined simply by the number of locations. Sales growth, customer traffic, margins, earnings and cash generation also influence how investors value the company.
Back to Starbucks Strategy and Market Valuation
Starbucks has been pursuing its Back to Starbucks strategy under Chairman and Chief Executive Officer Brian Niccol.
The strategy centers on strengthening the coffeehouse experience and improving customer connections.
The company’s recent results provide measurable evidence of progress.
Starbucks reported four consecutive quarters of comparable-store sales growth through fiscal Q3 2026.
The improvement in transactions also stands out. Global comparable transactions increased 4.2% during the latest quarter, while U.S. comparable transactions increased 4.2%.
These results represent a significant operating metric because customer traffic can support sales growth without relying entirely on price increases.
The strategy has also included efforts to simplify operations and improve service.
For Starbucks investors, the continued performance of these initiatives remains closely connected to the company’s valuation.
Starbucks Raises Fiscal 2026 Outlook
Starbucks increased its fiscal 2026 expectations following its third-quarter results.
The company expects U.S. comparable-store sales growth to be slightly above 6% for the full fiscal year.
Global comparable-store sales growth is expected to approach 6%.
Starbucks also expects consolidated revenue to be flat to slightly higher compared with the prior year.
The company raised its non-GAAP operating-margin target to above 11%.
Its adjusted earnings-per-share outlook stands at $2.55 to $2.65 for fiscal 2026.
Starbucks also expects to open approximately 600 to 650 net new coffeehouses globally during the fiscal year.
These targets give investors specific financial and operating benchmarks to follow.
The company’s market capitalization will continue to respond to how its actual results compare with these expectations.
Starbucks Dividend Adds Another Valuation Factor
Starbucks also announced an increase in its quarterly dividend on October 7, 2026.
The company raised its quarterly cash dividend from $0.62 to $0.63 per share.
The new dividend represents an annualized rate of $2.52 per share.
Starbucks said the increase marks its 16th consecutive annual dividend increase.
The dividend is scheduled to be paid on November 27, 2026, to shareholders of record as of November 13.
Dividend payments do not directly determine market capitalization, but they remain relevant when investors evaluate Starbucks’ overall shareholder-return strategy.
The latest increase also provides a current indication of the company’s approach to returning cash to shareholders.
Recent SBUX Trading Activity
Starbucks shares have experienced noticeable daily movements during October.
SBUX closed at $94.43 on October 5 and rose to $96.11 on October 6 before falling to $93.58 on October 7.
The October 7 decline came during a weaker session for the broader U.S. stock market.
Starbucks’ trading volume of approximately 9.4 million shares exceeded its 50-day average of about 7.1 million shares.
The stock remains below its August high of $110.51.
These movements explain why market capitalization figures can differ depending on the precise time and date used for measurement.
A market-cap figure from the morning can differ from the figure calculated after the closing bell.
Starbucks Market Cap and the Company’s Earnings
Starbucks’ market capitalization must also be considered alongside its earnings.
Fiscal Q3 2026 produced adjusted earnings of $0.85 per share.
The company also reported net income of approximately $1.05 billion for the quarter.
Revenue reached approximately $9.32 billion.
The combination of stronger comparable-store sales, higher transactions and improved profitability helped establish the financial backdrop for the company’s current valuation.
Investors generally look at these figures together rather than relying on a single number.
Revenue indicates the scale of the business. Comparable sales show the performance of established locations. Transactions provide insight into customer activity. Operating margins show how efficiently Starbucks converts sales into operating profit.
Together, these metrics provide a clearer view of the business behind the stock.
What Starbucks’ Current Valuation Shows
A market capitalization of approximately $106 billion places Starbucks firmly among the largest restaurant companies traded on U.S. exchanges.
The valuation reflects the scale of Starbucks’ global store network and the financial expectations surrounding its turnaround.
The company has more than 41,000 locations worldwide, a substantial U.S. presence and a well-established international business.
Its latest quarterly results also show stronger sales trends than the company experienced during weaker periods.
At the same time, the stock remains below its 52-week high.
That combination is important. Starbucks has delivered meaningful operational improvements, but its share price continues to move as investors reassess the company’s results and outlook.
Why Market Capitalization Can Change Quickly
Market capitalization is not a permanent measurement.
If Starbucks has approximately 1.14 billion shares outstanding, a $1 change in the stock price can translate into more than $1 billion of movement in equity value.
For example, a rise from $93.58 to $94.58 would add roughly $1.14 billion to the company’s equity value if the share count stayed unchanged.
A comparable decline would reduce the market value by a similar amount.
This is why Starbucks’ market cap can change substantially even without a new quarterly earnings report.
Daily trading activity continuously updates the market’s valuation of the company.
Starbucks Valuation and the Current Business Picture
The latest business picture is defined by several measurable developments.
Comparable-store sales are growing. Customer transactions are increasing. Operating margins have improved. Starbucks has raised its fiscal 2026 outlook. The company has also increased its quarterly dividend.
At the same time, the stock has pulled back from its 52-week high.
These facts provide the current foundation for understanding Starbucks’ market value.
The company’s fiscal 2026 performance will remain important as investors compare actual results with the targets management has provided.
The next financial updates will offer additional information about sales, transactions, margins and earnings.
Frequently Asked Questions
What is Starbucks’ market cap in October 2026?
The latest available figure on October 8, 2026, puts Starbucks’ market capitalization at approximately $106.15 billion. Other calculations based on the October 7 closing price place it around $106.66 billion.
What is Starbucks’ stock ticker?
Starbucks Corporation trades on the Nasdaq under the ticker symbol SBUX.
What was Starbucks’ latest closing stock price?
Starbucks closed at $93.58 on October 7, 2026.
What is Starbucks’ 52-week high?
Starbucks reached a 52-week high of $110.51 on August 13, 2026.
How many Starbucks stores are there?
Starbucks had 41,304 stores worldwide at the end of fiscal Q3 2026, including 16,933 stores in the United States.
Did Starbucks’ comparable-store sales increase?
Yes. Global comparable-store sales increased 7.9% during fiscal Q3 2026. U.S. comparable-store sales also increased 7.9%.
Did Starbucks raise its fiscal 2026 outlook?
Yes. Starbucks raised its expectations following its fiscal third-quarter results. The company expects U.S. comparable-store sales growth to be slightly above 6% and global comparable-store sales growth to approach 6%.
What is Starbucks’ fiscal 2026 adjusted EPS outlook?
Starbucks expects adjusted fiscal 2026 earnings per share of $2.55 to $2.65.
Did Starbucks increase its dividend in October 2026?
Yes. Starbucks increased its quarterly dividend from $0.62 to $0.63 per share, bringing the annualized dividend rate to $2.52 per share.
Why does Starbucks’ market cap change?
The market capitalization changes mainly because the company’s stock price changes. Since market cap is based on the share price and outstanding shares, daily movements in SBUX can quickly change the company’s total equity value.
Starbucks enters the latest part of 2026 with a market value of roughly $106 billion, stronger comparable-store sales and improved operating performance.
As Starbucks continues its 2026 recovery, the next financial results will show whether its improving business momentum can support its current market value.