PerpEquities

Equity · Consumer cyclical

Starbucks (SBUX) perpetual futures

SBUX perpetual futures on 2 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade SBUXUSDT.

Starbucks operates worldwide, roasting, marketing, and selling specialty coffee, tea, and food through company-owned and licensed stores under brands like Starbucks and Teavana.

$95.77-0.9%NASDAQ closed
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Collecting venue price data...
venue perp mark · Helix (Injective) (SBUX/USDC)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

2/2 live markets
Venues
2
Live markets
2/2
24h volume
$98.1
Open interest
$0Coverage: 1/2 markets
Best liquidity
$0
Extended
Tightest spread
+631.0 bps
Extended
Highest volume
$98.1
Helix (Injective)
Settlement mix
USDC · 1/2
Perp/spot vol.
0.00x
Spot volume $1.3B
OI / float
0.00%
Float $108.9B
Spot performance
1D-0.87%
5D-3.00%
1M-7.85%
6M+3.54%
YTD+13.80%
1Y+12.36%

Venue matrix

2 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
Helix (Injective)TradeSBUX/USDCTrading$95.77-24.1% APR
-0.00275% every 1h
--$98.1-USDC12x
ExtendedTradeSBUX/USDTrading$95.88+4.4% APR
+0.00050% every 1h
+631.0 bps$0$0$0USD10x

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

No sufficient depth · 0 of 2 venues absorb $10k

No fresh book data: Helix (Injective), Extended

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 3h ago
Market cap
$109.2B
Updated 3h ago
Revenue
$38.3B
Trailing 12 months
Revenue growth
+2%
Next fiscal year
Profit margin
+5.2%
P/E
55.1
Peer P/E 26.1
Free cash flow
$3.6B
Trailing 12 months
More metrics
Net income
$2B
Trailing 12 months
P/S
2.9
Peer P/E
26.1
Similar listed perps
Revenue estimate
$38B
Next fiscal year
Earnings
2026-10-28
Revenue est. $9.2B · Updated 3h ago
Dividend
$0.62
2026-08-14

Fundamental detail

Annual + quarterly
Latest revenue$37.2B
Net margin+5.0%
Free cash flow$2.4B
Net debt$23.4B
2020$23.5B
2021$29.1B
2022$32.3B
2023$36B
2024$36.2B
2025$37.2B
PeriodRevenueGrowthNet incomeFCF
2020$23.5B-11%$928.3M$114.2M
2021$29.1B+24%$4.2B$4.5B
2022$32.3B+11%$3.3B$2.6B
2023$36B+12%$4.1B$3.7B
2024$36.2B+1%$3.8B$3.3B
2025$37.2B+3%$1.9B$2.4B
PeriodGross marginOperating marginNet marginROEROA
2020+21.5%+6.6%+3.9%-11.9%+3.2%
2021+28.9%+16.8%+14.5%-78.9%+13.4%
2022+26.0%+14.3%+10.2%-37.7%+11.7%
2023+27.4%+16.3%+11.5%-51.6%+14.0%
2024+26.8%+15.0%+10.4%-50.5%+12.0%
2025+24.2%+9.6%+5.0%-22.9%+5.8%
PeriodCashDebtNet debtCurrent ratio
2020$4.4B$25.3B$20.9B1.06
2021$6.5B$23.6B$17.1B1.20
2022$2.8B$23.8B$21B0.77
2023$3.6B$24.6B$21B0.78
2024$3.3B$25.8B$22.5B0.75
2025$3.2B$26.6B$23.4B0.72
PeriodMarket capEnterprise valueP/SP/E
2020$100.8B$121.7B4.3108.8
2021$129.9B$147.1B4.530.9
2022$97.2B$118.2B3.029.6
2023$104.7B$125.7B2.925.4
2024$110.9B$133.4B3.129.5
2025$97.6B$121B2.652.5
Q4 2024$9.1B
Q1 2025$9.4B
Q2 2025$8.8B
Q3 2025$9.5B
Q4 2025$9.6B
Q1 2026$9.9B
Q2 2026$9.5B
Q3 2026$9.3B
PeriodRevenueGrowthNet incomeFCF
Q4 2024$9.1B-3%$909.2M$737.4M
Q1 2025$9.4B0%$780.8M$1.4B
Q2 2025$8.8B+2%$384.2M-$297.2M
Q3 2025$9.5B+4%$558.3M$434.3M
Q4 2025$9.6B+5%$133.1M$925.8M
Q1 2026$9.9B+5%$293.3M$1.3B
Q2 2026$9.5B+9%$510.9M$91.8M
Q3 2026$9.3B-1%$1B$1.4B
PeriodGross marginOperating marginNet marginROEROA
Q4 2024+26.2%+14.4%+10.0%-12.2%+2.9%
Q1 2025+24.5%+11.9%+8.3%-10.5%+2.4%
Q2 2025+21.1%+6.9%+4.4%-5.0%+1.2%
Q3 2025+22.8%+9.9%+5.9%-7.3%+1.7%
Q4 2025+23.1%+9.9%+1.4%-1.6%+0.4%
Q1 2026+15.6%+9.2%+3.0%-3.5%+0.9%
Q2 2026+20.1%+8.2%+5.4%-6.0%+1.7%
Q3 2026+69.7%+10.5%+11.2%-13.6%+3.7%
PeriodCashDebtNet debtCurrent ratio
Q4 2024$3.3B$25.8B$22.5B0.75
Q1 2025$3.7B$25.9B$22.2B0.75
Q2 2025$2.7B$26B$23.3B0.64
Q3 2025$4.2B$27.9B$23.7B0.76
Q4 2025$3.2B$26.6B$23.4B0.72
Q1 2026$3.4B$33.5B$30.1B1.05
Q2 2026$1.5B$24.4B$22.9B0.92
Q3 2026$3.4B$22.4B$19B0.76
PeriodMarket capEnterprise valueP/SP/E
Q4 2024$110.9B$133.4B12.230.5
Q1 2025$102.8B$125B10.932.8
Q2 2025$111.4B$134.8B12.772.1
Q3 2025$104.1B$127.8B11.046.8
Q4 2025$97.7B$121.1B10.2178.4
Q1 2026$97.4B$127.5B9.882.3
Q2 2026$98.8B$121.7B10.448.2
Q3 2026$119B$138B12.828.6

Refreshed 3h ago

Charts: revenue, profit, cash flow & valuation
Revenue$9.3BQ3 2026
$2.5B$5B$7.4B$9.9BQ4 2023: $9.4BQ1 2024: $9.4BQ2 2024: $8.6BQ3 2024: $9.1BQ4 2024: $9.1BQ1 2025: $9.4BQ2 2025: $8.8BQ3 2025: $9.5BQ4 2025: $9.6BQ1 2026: $9.9BQ2 2026: $9.5BQ3 2026: $9.3BQ4 2023Q3 2026
Net income$1BQ3 2026
$304.8M$609.7M$914.5M$1.2BQ4 2023: $1.2BQ1 2024: $1BQ2 2024: $772.4MQ3 2024: $1.1BQ4 2024: $909.2MQ1 2025: $780.8MQ2 2025: $384.2MQ3 2025: $558.3MQ4 2025: $133.1MQ1 2026: $293.3MQ2 2026: $510.9MQ3 2026: $1BQ4 2023Q3 2026
EBITDA$1.9BQ3 2026
$528.2M$1.1B$1.6B$2.1BQ4 2023: $2.1BQ1 2024: $1.9BQ2 2024: $1.5BQ3 2024: $2BQ4 2024: $1.7BQ1 2025: $1.6BQ2 2025: $1.1BQ3 2025: $1.4BQ4 2025: $1.4BQ1 2026: $1.4BQ2 2026: $1.2BQ3 2026: $1.9BQ4 2023Q3 2026
Free cash flow$1.4BQ3 2026
$224.1M$745.4M$1.3B$1.8BQ4 2023: $1.2BQ1 2024: $1.8BQ2 2024: -$153.1MQ3 2024: $945.8MQ4 2024: $737.4MQ1 2025: $1.4BQ2 2025: -$297.2MQ3 2025: $434.3MQ4 2025: $925.8MQ1 2026: $1.3BQ2 2026: $91.8MQ3 2026: $1.4BQ4 2023Q3 2026
EPS$0.91Q3 2026
$0.27$0.53$0.8$1.06Q4 2023: $1.06Q1 2024: $0.9Q2 2024: $0.68Q3 2024: $0.93Q4 2024: $0.8Q1 2025: $0.69Q2 2025: $0.34Q3 2025: $0.49Q4 2025: $0.12Q1 2026: $0.26Q2 2026: $0.45Q3 2026: $0.91Q4 2023Q3 2026
Cash / Debt$3.4BQ3 2026
$8.4B$16.8B$25.1B$33.5BQ4 2023 · Cash: $3.6BQ4 2023 · Debt: $24.6BQ1 2024 · Cash: $3BQ1 2024 · Debt: $24.5BQ2 2024 · Cash: $2.8BQ2 2024 · Debt: $25.2BQ3 2024 · Cash: $3.2BQ3 2024 · Debt: $25.3BQ4 2024 · Cash: $3.3BQ4 2024 · Debt: $25.8BQ1 2025 · Cash: $3.7BQ1 2025 · Debt: $25.9BQ2 2025 · Cash: $2.7BQ2 2025 · Debt: $26BQ3 2025 · Cash: $4.2BQ3 2025 · Debt: $27.9BQ4 2025 · Cash: $3.2BQ4 2025 · Debt: $26.6BQ1 2026 · Cash: $3.4BQ1 2026 · Debt: $33.5BQ2 2026 · Cash: $1.5BQ2 2026 · Debt: $24.4BQ3 2026 · Cash: $3.4BQ3 2026 · Debt: $22.4BQ4 2023Q3 2026
CashDebt
Profitability+69.7%Q3 2026
+17.4%+34.8%+52.2%+69.7%Q4 2023 · Gross margin: +29.0%Q1 2024 · Gross margin: +27.5%Q2 2024 · Gross margin: +25.6%Q3 2024 · Gross margin: +27.9%Q4 2024 · Gross margin: +26.2%Q1 2025 · Gross margin: +24.5%Q2 2025 · Gross margin: +21.1%Q3 2025 · Gross margin: +22.8%Q4 2025 · Gross margin: +23.1%Q1 2026 · Gross margin: +15.6%Q2 2026 · Gross margin: +20.1%Q3 2026 · Gross margin: +69.7%Q4 2023 · Operating margin: +18.2%Q1 2024 · Operating margin: +15.8%Q2 2024 · Operating margin: +12.8%Q3 2024 · Operating margin: +16.7%Q4 2024 · Operating margin: +14.4%Q1 2025 · Operating margin: +11.9%Q2 2025 · Operating margin: +6.9%Q3 2025 · Operating margin: +9.9%Q4 2025 · Operating margin: +9.9%Q1 2026 · Operating margin: +9.2%Q2 2026 · Operating margin: +8.2%Q3 2026 · Operating margin: +10.5%Q4 2023 · Net margin: +13.0%Q1 2024 · Net margin: +10.9%Q2 2024 · Net margin: +9.0%Q3 2024 · Net margin: +11.6%Q4 2024 · Net margin: +10.0%Q1 2025 · Net margin: +8.3%Q2 2025 · Net margin: +4.4%Q3 2025 · Net margin: +5.9%Q4 2025 · Net margin: +1.4%Q1 2026 · Net margin: +3.0%Q2 2026 · Net margin: +5.4%Q3 2026 · Net margin: +11.2%Q4 2023Q3 2026
Gross marginOperating marginNet margin
Revenue growth-1.4%Q3 2026
-0.2%+2.8%+5.8%+8.8%Q4 2024: -3.2%Q1 2025: -0.3%Q2 2025: +2.3%Q3 2025: +3.8%Q4 2025: +5.5%Q1 2026: +5.4%Q2 2026: +8.8%Q3 2026: -1.4%Q4 2023Q3 2026
Shares outstanding1.1BQ3 2026
287.4M574.7M862.1M1.1BQ4 2023: 1.1BQ1 2024: 1.1BQ2 2024: 1.1BQ3 2024: 1.1BQ4 2024: 1.1BQ1 2025: 1.1BQ2 2025: 1.1BQ3 2025: 1.1BQ4 2025: 1.1BQ1 2026: 1.1BQ2 2026: 1.1BQ3 2026: 1.1BQ4 2023Q3 2026
Valuation28.6Q3 2026
44.689.2133.8178.4Q4 2023 · P/E: 21.3Q1 2024 · P/E: 26.7Q2 2024 · P/E: 33.7Q3 2024 · P/E: 20.7Q4 2024 · P/E: 30.5Q1 2025 · P/E: 32.8Q2 2025 · P/E: 72.1Q3 2025 · P/E: 46.8Q4 2025 · P/E: 178.4Q1 2026 · P/E: 82.3Q2 2026 · P/E: 48.2Q3 2026 · P/E: 28.6Q4 2023 · P/S: 11.1Q1 2024 · P/S: 11.6Q2 2024 · P/S: 12.1Q3 2024 · P/S: 9.6Q4 2024 · P/S: 12.2Q1 2025 · P/S: 10.9Q2 2025 · P/S: 12.7Q3 2025 · P/S: 11.0Q4 2025 · P/S: 10.2Q1 2026 · P/S: 9.8Q2 2026 · P/S: 10.4Q3 2026 · P/S: 12.8Q4 2023Q3 2026
P/EP/S
Revenue$37.2B2025
$9.3B$18.6B$27.9B$37.2B2018: $24.7B2019: $26.5B2020: $23.5B2021: $29.1B2022: $32.3B2023: $36B2024: $36.2B2025: $37.2B20182025
Net income$1.9B2025
$1.1B$2.3B$3.4B$4.5B2018: $4.5B2019: $3.6B2020: $928.3M2021: $4.2B2022: $3.3B2023: $4.1B2024: $3.8B2025: $1.9B20182025
EBITDA$5.4B2025
$1.9B$3.7B$5.6B$7.4B2018: $7.3B2019: $6.2B2020: $3.1B2021: $7.4B2022: $6.2B2023: $7.4B2024: $7.1B2025: $5.4B20182025
Free cash flow$2.4B2025
$2.5B$5B$7.5B$10B2018: $10B2019: $3.2B2020: $114.2M2021: $4.5B2022: $2.6B2023: $3.7B2024: $3.3B2025: $2.4B20182025
EPS$1.632025
$0.9$1.79$2.69$3.582018: $3.242019: $2.922020: $0.792021: $3.542022: $2.832023: $3.582024: $3.312025: $1.6320182025
Cash / Debt$3.2B2025
$6.7B$13.3B$20B$26.6B2018 · Cash: $8.8B2018 · Debt: $9.4B2019 · Cash: $2.7B2019 · Debt: $11.2B2020 · Cash: $4.4B2020 · Debt: $25.3B2021 · Cash: $6.5B2021 · Debt: $23.6B2022 · Cash: $2.8B2022 · Debt: $23.8B2023 · Cash: $3.6B2023 · Debt: $24.6B2024 · Cash: $3.3B2024 · Debt: $25.8B2025 · Cash: $3.2B2025 · Debt: $26.6B20182025
CashDebt
Profitability+24.2%2025
+7.4%+14.8%+22.2%+29.6%2018 · Gross margin: +29.6%2019 · Gross margin: +28.2%2020 · Gross margin: +21.5%2021 · Gross margin: +28.9%2022 · Gross margin: +26.0%2023 · Gross margin: +27.4%2024 · Gross margin: +26.8%2025 · Gross margin: +24.2%2018 · Operating margin: +15.7%2019 · Operating margin: +15.4%2020 · Operating margin: +6.6%2021 · Operating margin: +16.8%2022 · Operating margin: +14.3%2023 · Operating margin: +16.3%2024 · Operating margin: +15.0%2025 · Operating margin: +9.6%2018 · Net margin: +18.3%2019 · Net margin: +13.6%2020 · Net margin: +3.9%2021 · Net margin: +14.5%2022 · Net margin: +10.2%2023 · Net margin: +11.5%2024 · Net margin: +10.4%2025 · Net margin: +5.0%20182025
Gross marginOperating marginNet margin
Revenue growth+2.8%2025
-2.6%+6.1%+14.9%+23.6%2019: +7.2%2020: -11.3%2021: +23.6%2022: +11.0%2023: +11.6%2024: +0.6%2025: +2.8%20182025
Shares outstanding1.1B2025
348.7M697.3M1B1.4B2018: 1.4B2019: 1.2B2020: 1.2B2021: 1.2B2022: 1.2B2023: 1.2B2024: 1.1B2025: 1.1B20182025
Valuation52.52025
27.254.481.6108.82018 · P/E: 17.02019 · P/E: 30.02020 · P/E: 108.82021 · P/E: 30.92022 · P/E: 29.62023 · P/E: 25.42024 · P/E: 29.52025 · P/E: 52.52018 · P/S: 3.12019 · P/S: 4.12020 · P/S: 4.32021 · P/S: 4.52022 · P/S: 3.02023 · P/S: 2.92024 · P/S: 3.12025 · P/S: 2.620182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-10-28
Revenue est. $9.2B · Updated 3h ago
Dividend
$0.62
2026-08-14

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20262.61$38B+2%19
FY 20273.16$38.6B+4%21
FY 20283.76$40.6B+9%10
FY 20294.43$43.5B+17%6
FY 20304.88$45.9B+23%6
Q4 20260.76$9.6B+1%14

Company events

6
2026-10-28EarningsActual - / Estimate 0.71-
2026-08-14Dividend$0.62-
2026-07-29EarningsActual 0.85 / Estimate 0.66Beat
2026-05-15Dividend$0.62-
2026-04-28EarningsActual 0.5 / Estimate 0.43Beat
2026-02-13Dividend$0.62-

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering SBUX have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings194571
Analysts3950
Buy / hold / sell117 / 68 / 9321 / 227 / 23
Upgrades / downgrades / initiations4 / 2 / 617 / 17 / 12
Price targets hit / missed41 / 128 (24%)154 / 360 (30%)
Avg. return after a rating (TipRanks)-5.6%-3.7%
Best / worst call+63.9% / -32.4%+63.9% / -32.4%

After buy calls on this stock: median 21-day move +2.4% vs S&P 500 -0.6% (n = 317)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Logan ReichRBC Capital90% hit rate on this stock · 10 targets measuredHoldtarget $115Jul 30, 2026
  2. Chris O`CullStifel Nicolaus89% hit rate on this stock · 9 targets measuredBuytarget $117May 6, 2026
  3. John IvankoeJ.P. Morgan83% hit rate on this stock · 12 targets measuredBuytarget $112Aug 27, 2026

Latest ratings

DateAnalystCallTarget
Sep 16, 2026Sharon ZackfiaWilliam BlairBuyMaintained
Sep 15, 2026Unknown AnalystSeaport GlobalHoldInitiated
Sep 16, 2026Sharon ZackfiaWilliam BlairBuyMaintained
Aug 27, 2026John IvankoeJ.P. MorganBuyMaintained$112
Aug 24, 2026Unknown AnalystRobert W. BairdBuyInitiated$124
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$80.00$85.00$90.00$95.00$100$105$110$115Oct 25 · Buy 14 · Hold 10 · Sell 2Oct 25Nov 25 · Buy 14 · Hold 9 · Sell 3Dec 25 · Buy 13 · Hold 8 · Sell 3Dec 25Jan 26 · Buy 16 · Hold 9 · Sell 2Feb 26 · Buy 15 · Hold 9 · Sell 2Feb 26Mar 26 · Buy 13 · Hold 12 · Sell 3Apr 26 · Buy 17 · Hold 14 · Sell 2Apr 26May 26 · Buy 18 · Hold 13 · Sell 2Jun 26 · Buy 18 · Hold 13 · Sell 2Jun 26Jul 26 · Buy 18 · Hold 13 · Sell 2Aug 26 · Buy 19 · Hold 14 · Sell 1Aug 26Sep 26 · Buy 19 · Hold 14 · Sell 1Oct 25 · avg. target $96.09Nov 25 · avg. target $95.22Dec 25 · avg. target $95.00Jan 26 · avg. target $101Feb 26 · avg. target $101Mar 26 · avg. target $100Apr 26 · avg. target $108May 26 · avg. target $109Jun 26 · avg. target $109Jul 26 · avg. target $112Aug 26 · avg. target $115Sep 26 · avg. target $115Oct 25 · month-end close $80.87Nov 25 · month-end close $87.11Dec 25 · month-end close $84.21Jan 26 · month-end close $91.95Feb 26 · month-end close $98.02Mar 26 · month-end close $89.59Apr 26 · month-end close $105May 26 · month-end close $99.16Jun 26 · month-end close $102Jul 26 · month-end close $105Aug 26 · month-end close $106Sep 26 · month-end close $96.67

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Sep 18, 2026 · 194 ratings

Frequently asked questions

Where can I trade SBUX perpetual futures?

Starbucks (SBUX) perpetual futures trade on 2 crypto venues, including Helix (Injective), Extended. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade SBUX around the clock?

Yes. Unlike the underlying stock, SBUX perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on SBUX perpetuals?

Right now the SBUX perp funding rate is -9.9% annualized (venue median), ranging from -24.1% to +4.4% across 2 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the SBUX perp price compare to the Starbucks stock?

The venue-median SBUX perp mark is $95.8 versus a reference stock price of $95.8, a basis of +0.1%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a SBUX perpetual future?

A SBUX perpetual is a derivative that tracks the price of Starbucks with no expiry date. It lets you take long or short exposure to Starbucks on crypto venues, around the clock.

What is SBUXUSDT perpetual?

SBUXUSDT is the symbol most crypto exchanges use for the Starbucks perpetual settled in USDT (Tether). It tracks the SBUX share price through an index, trades 24/7 with leverage and never expires.

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Analysts who hit 70%+ of their targets on the perps we track, congress buys over $500k, 13F positions over $5M, funding spreads that have paid for days. Every post shows the evidence. Free, no sign-up.

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