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Starbucks Completes Cash Tender Offer, Refines Debt Profile

Story Highlights
  • Starbucks settled its cash tender offers on May 20, 2026, repurchasing selected senior notes and choosing early settlement without further purchases.
  • The company reduced outstanding debt in several maturities while leaving some series fully unchanged, refining its overall debt profile and clarifying obligations for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Starbucks Completes Cash Tender Offer, Refines Debt Profile

Meet Samuel – Your Personal Investing Prophet

Starbucks ( (SBUX) ) has shared an update.

On May 20, 2026, Starbucks Corporation completed the settlement of its previously announced cash tender offers to repurchase selected series of outstanding senior notes, electing to settle on the early settlement date and confirming it will not buy additional notes under this program. The company accepted hundreds of millions of dollars in aggregate principal across several maturities, including 4.800% notes due 2030, 4.500% notes due 2028, 4.500% notes due 2048, 5.400% notes due 2035 and 5.000% notes due 2034, while leaving its 4.000% notes due 2028, 4.900% notes due 2031 and 4.800% notes due 2033 untouched, a move that refines its debt profile and clarifies remaining obligations for bondholders.

The most recent analyst rating on (SBUX) stock is a Buy with a $120.00 price target. To see the full list of analyst forecasts on Starbucks stock, see the SBUX Stock Forecast page.

Spark’s Take on SBUX Stock

According to Spark, TipRanks’ AI Analyst, SBUX is a Neutral.

The score is primarily held back by weakened recent profitability and high financial leverage (negative equity and large debt). Offsetting those risks are strong technical momentum and a constructive earnings outlook, supported by raised FY2026 guidance and improving comps/margins, while valuation remains a constraint due to the high P/E.

To see Spark’s full report on SBUX stock, click here.

More about Starbucks

Starbucks Corporation is a global coffeehouse chain and specialty coffee retailer, operating in the food and beverage industry with a focus on premium coffee, tea and related products. The company generates revenue through company-operated stores, licensed stores and consumer packaged goods, with a strong presence in both domestic U.S. and international markets.

Average Trading Volume: 7,691,419

Technical Sentiment Signal: Buy

Current Market Cap: $121.5B

For detailed information about SBUX stock, go to TipRanks’ Stock Analysis page.

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