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Saleh named Starbucks one of his top first-half 2025 picks, assigning a $115 price target. The target assumes about 30% upside from current levels. The average sell-side price target on Starbucks ...
At the time of this writing, Starbucks (NASDAQ: SBUX) has tumbled a painful 8.7% over the past week -- likely due to soaring Arabica coffee bean prices and a broader market sell-off. Starbucks is ...
Global transactions fell 6% but Starbucks stock was counterintuitively up 7% as of 12:30 p.m. ET. As fiscal 2024 was wrapping up, the backwards momentum for Starbucks' business was certainly ...
Shares of Starbucks (NASDAQ: SBUX) soared 21.3% higher in August 2024, according to data from S&P Global Market Intelligence.The giant coffee chain only had a single piece of game-changing news ...
Then, the big news came on Aug. 13 when Starbucks announced it had poached the highly esteemed Chipotle Mexican Grill CEO, Brian Niccol, to become the new chairman and CEO of Starbucks. The stock ...
Following the news, Starbucks' stock price rose nearly 7% after market close, having fallen more than 21% in the past year. On Monday, shares opened lower, down roughly 3%.
Starbucks’ stock has dropped 19% this year. Starbucks’ strategy to win back customers Starbucks’ model has radically changed since its start as a sit-down coffee shop.
Here's what Starbucks reported, compared to Wall Street estimates, per Bloomberg consensus estimates: Adjusted earnings per share: $0.68 versus $0.80 Revenue: $8.56 billion versus $9.13 billion