Street View: Analysts see Starbucks brewing up again on espresso, efficiency, expansion

** Starbucks SBUX.O posted stronger-than-expected Q3 revenue, driven by a rebound in China, menu updates, and operational investments, which helped counter weaker U.S. consumer spending

** Shares up 4.5% at $97.1 in premarket trading

LATTE LOVE FROM THE STREET

** J.P.Morgan ("overweight," PT: $105) says co is entering a "Better Starbucks" era under CEO Brian Niccol's leadership, marking a shift from earlier "Back to Starbucks" reset towards a more ambitious long-term vision

** Piper Sandler ("overweight," PT: $105) says growth could pick up soon thanks to new products like protein cold foam, "reimagined baked case" and new coffee blend

** Morgan Stanley ("overweight," PT: $103) says company is at a key turning point as it rolls out 'Green Apron' model — a new service approach focused on personalization and operational efficiency — across U.S. stores and prepares for aggressive growth in FY26

** Stifel ("buy," PT: $105) sees momentum building under Niccol, with 1,500 remodeled stores outperforming system-wide same-store sales