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Brewing Caution: Jefferies Warms Up To Starbucks With Tepid Upgrade
Thursday, April 10, 2025 - 2:10pm | 436Jefferies analyst Andy Barish on Wednesday upgraded the shares of Starbucks Corp (NASDAQ:SBUX) from Underperform to Hold with a price forecast of $76, based on a 21x multiple of fiscal 2026 earnings forecasts. Starbucks’ recent stock struggles reflect uncertainty around near-term earnings,...
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Starbucks Shares Fall As CEO Pushes For Accountability During Reorganization, Layoffs: What's Going On?
Thursday, March 6, 2025 - 4:54pm | 518Starbucks Corp (NASDAQ:SBUX) shares are trading lower Thursday following reports suggesting the company is reorganizing to hold leadership more accountable for financial and operational improvements. What To Know: According to the Wall Street Journal, in his first public remarks since announcing...
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Starbucks Q1 Earnings: Revenue Beat, EPS Beat, Memberships Up 1%, 'Positive Response' To Turnaround Efforts
Tuesday, January 28, 2025 - 5:34pm | 549Starbucks Corp (NASDAQ:SBUX) reported financial results for the first quarter after the market close on Tuesday. Here’s a look at what’s been brewing at Starbucks over the past few months. Q1 Earnings: Starbucks reported first-quarter revenue of $9.4 billion, beating the consensus...
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Brian Niccol Confident 'Customers Will Come Back' To Starbucks As Company Shifts Strategy Under New CEO: Q4 Earnings
Wednesday, October 30, 2024 - 4:57pm | 469Starbucks Corp (NASDAQ:SBUX) reported fourth-quarter financial results after the bell on Wednesday. Here’s a rundown of the report. Q4 Revenue: $9.07 billion, versus estimates of $9.38 billion Q4 EPS: 80 cents, versus estimates of $1.03 Comparable store sales declined 7% globally, driven...
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Starbucks Q3 Earnings: Revenue Miss, EPS In Line, Comps Down 3%, 'Action Plan Is Beginning To Work'
Tuesday, July 30, 2024 - 4:31pm | 415Starbucks Corp (NASDAQ:SBUX) reported financial results for its fiscal third quarter after the market close on Tuesday. Here’s a look at the key numbers from the quarter. Q3 Earnings: Starbucks reported third-quarter revenue of $9.1 billion, missing the consensus estimate of $9.24...
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Starbucks Q2 Earnings: Revenue Miss, EPS Miss, Comps Down 4% And More
Tuesday, April 30, 2024 - 4:23pm | 402Starbucks Corp (NASDAQ:SBUX) reported fiscal second-quarter financial results Tuesday after the bell. Here’s a look at the key metrics from the quarter. Q2 Earnings: Starbucks said second-quarter revenue decreased 2% year-over-year to $8.6 billion, which missed the consensus estimate...
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Why These 4 Starbucks Analysts Are Unphased By Q1 Earnings Miss
Friday, February 3, 2023 - 12:36pm | 531Shares of Starbucks Corporation (NASDAQ: SBUX) remained under pressure in early trading on Friday, after the company’s fiscal first-quarter earnings missed expectations. Stephens on Starbucks Analyst Joshua Long maintained an Equal-Weight rating and price target of $91. “Starbucks...
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Starbucks Stock Buzzes Higher Following Upgrade, CEO Change: Here's How Some Traders Predicted The Spike
Wednesday, March 16, 2022 - 2:33pm | 819Starbucks Corporation (NASDAQ: SBUX) spiked up 8.39% on Wednesday before retracing below the stock’s opening price of about $88. JPMorgan analyst John Ivankoe upgraded Starbucks from Neutral to Overweight and announced a price target of $101. If Starbucks is able to reach the target, it will...
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Why JPMorgan Upgrades Starbucks After Stock Underperformance
Wednesday, March 16, 2022 - 12:01pm | 230Starbucks Corporation’s (NASDAQ: SBUX) stock has "underperformed our low expectations” since December 2021, which includes the announcement of the company’s fiscal first-quarter earnings in February, according to JPMorgan. The Starbucks Analyst: John Ivankoe upgraded the...
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Starbucks Grinds Lower Amid Russia-Ukraine War: When Will The Stock Bounce?
Monday, March 14, 2022 - 11:27am | 676On Sunday evening, Benzinga asked its followers on Twitter what they were buying at the open on Monday. From the replies, Benzinga selected one ticker for technical analysis. William Muscato @wmuscato is buying Starbucks Corporation (NASDAQ: SBUX). On March 8, Starbucks announced it would suspend...
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Coffee Prices Hit 10-Year Highs: What It Means For Starbucks Investors
Monday, January 31, 2022 - 7:45pm | 353Coffee prices recently hit the highest level in 10 years, but Bank of America analyst Sara Senatore said Monday that Starbucks Corporation (NASDAQ: SBUX) investors shouldn't sweat coffee inflation. Hot Coffee: Coffee futures prices are hovering around $2.30 per pound, up about 90% from a year...
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If You Invested $1,000 In Starbucks Stock One Year Ago, Here's How Much You'd Have Now
Monday, January 31, 2022 - 1:16pm | 520Investors who have owned stocks in the last year have generally experienced some decent gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the past 12 months is 21%. But there is no question some big-name stocks performed better than others along the way. Starbucks’...
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Josh Brown Cuts Coinbase Position, Buys 2 Stocks That Made Public Debuts In 2021
Tuesday, January 11, 2022 - 4:34pm | 584Ritholtz Wealth Management's Josh Brown is making some portfolio adjustments after being stopped out of a trade in Coinbase Global Inc (NASDAQ: COIN). "I was wrong," Brown said Tuesday on CNBC's "Fast Money Halftime Report." Although the stock is down 10% from...
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Analyst Upgrades Starbucks Following Post-Earnings Sell-Off: 'Market Is Being Shortsighted'
Monday, November 1, 2021 - 11:47am | 576Starbucks Corporation (NASDAQ: SBUX) shares bounced back on Monday after the stock received a Wall Street upgrade by an analyst who believes the stock’s post-earnings sell-off is overdone. The Analyst: Stephens analyst James Rutherford upgraded Starbucks from Equal Weight to Overweight...
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Why Dutch Bros Coffee's Price Target Was Raised by BofA
Wednesday, October 27, 2021 - 12:21pm | 236Dutch Bros Inc’s (NYSE: BROS) revenue growth is likely to outpace that of other “high-growth consumer companies,” as is its EBITDA growth, according to BofA Securities. The Dutch Bros Analyst: Sara Senatore reiterated a Buy rating for Dutch Bros, while raising the price target...