Starbucks Corporation (SBUX)

NASDAQ: SBUX · Real-Time Price · USD
87.97
-0.79 (-0.89%)
At close: Dec 20, 2024, 4:00 PM
88.03
+0.06 (0.07%)
After-hours: Dec 20, 2024, 7:57 PM EST
-0.89%
Market Cap 99.74B
Revenue (ttm) 36.18B
Net Income (ttm) 3.76B
Shares Out 1.13B
EPS (ttm) 3.31
PE Ratio 26.58
Forward PE 28.26
Dividend $2.44 (2.77%)
Ex-Dividend Date Feb 14, 2025
Volume 25,189,360
Open 87.90
Previous Close 88.76
Day's Range 87.07 - 89.16
52-Week Range 71.55 - 103.32
Beta 0.96
Analysts Buy
Price Target 103.88 (+18.09%)
Earnings Date Jan 28, 2025

About SBUX

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee, tea, and other beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accoun... [Read more]

Industry Restaurants
IPO Date Jun 26, 1992
Employees 381,000
Stock Exchange NASDAQ
Ticker Symbol SBUX
Full Company Profile

Financial Performance

In 2024, Starbucks's revenue was $36.18 billion, an increase of 0.56% compared to the previous year's $35.98 billion. Earnings were $3.76 billion, a decrease of -8.82%.

Financial Statements

Analyst Forecast

According to 27 analysts, the average rating for SBUX stock is "Buy." The 12-month stock price forecast is $103.88, which is an increase of 18.09% from the latest price.

Price Target
$103.88
(18.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Starbucks says workers' pay demands ‘not sustainable' as union strikes

"We are ready to continue negotiations to reach agreements," the company added. "We need the union to return to the table.

15 hours ago - New York Post

Starbucks workers begin strike ahead of crucial holiday season

The Starbucks Workers United union says baristas will go on strike in three major U.S. cities. Transcript: CONWAY GITTENS: I'm Conway Gittens reporting from the New York Stock Exchange.

17 hours ago - The Street

Starbucks Baristas Begin Strike in Several U.S. Cities

Starbucks' (SBUX) unionized baristas in Chicago, Los Angeles, and Seattle have walked off the job in a pay dispute, with the union representing them saying the strike will be expanded “from coast to c...

18 hours ago - Investopedia

Starbucks Workers Strike In 3 Cities, Threaten More Walkouts By Christmas Eve

A union representing workers at over 500 stores is closing in on a deal with the coffee chain, but the two sides are at odds over pay.

19 hours ago - Huffington Post

Starbucks Workers Start Holiday Strike—What To Know And Where Workers Are Picketing

Starbucks baristas at about 15 locations in Los Angeles, Chicago and Seattle walked off the job Friday morning in a holiday strike they say will spread to hundreds of stores by Christmas Eve next Tues...

19 hours ago - Forbes

Starbucks baristas strike in three U.S. cities during pre-Christmas rush

Starbucks baristas are striking in Los Angeles, Chicago and Seattle. Starbucks Workers United is pushing for better pay for baristas as it negotiates with the company.

1 day ago - CNBC

Starbucks union begins strike: Here's what to know

CNBC's Becky Quick reports on the latest news.

1 day ago - CNBC Television

Starbucks Workers Say They Will Begin a Strike in 3 Cities on Friday

The planned walkout in Los Angeles, Chicago and Seattle comes after talks between the company and the workers' union failed to produce an agreement on raises.

1 day ago - NYTimes

Starbucks baristas are striking Friday in 3 major cities — including the coffee giant's hometown

Starbucks' largest workers' union announced that it would strike in three major cities on Friday. The Starbucks Workers United union said that stores in Los Angeles, Chicago, and Seattle would partici...

1 day ago - Business Insider

Starbucks workers' union to strike on Friday in LA, Chicago and Seattle

The workers' union representing more than 10,000 Starbucks baristas said that union members will go on strike in Los Angeles, Chicago, and Seattle on Friday morning.

1 day ago - Reuters

Will Starbucks baristas go on strike? Here's what to know after the union's authorization vote

Workers at major corporations increasingly seem to be cognizant of their collective bargaining power. Last week, thousands of Amazon workers authorized a strike action ahead of the holidays if Amazon ...

2 days ago - Fast Company

Starbucks CEO Brian Niccol's first 100 days: Headwinds and accomplishments

Gregory Francfort, Guggenheim Partners director - lead restaurant analyst, joins 'The Exchange' to discuss Starbucks CEO Brian Niccol's first 100 days and the read on the restaurant sector.

2 days ago - CNBC Television

Starbucks' new CEO said he wants to improve work for its baristas. They aren't happy yet.

Starbucks CEO Brian Niccol has talked about improving conditions for baristas. A potential strike at some Starbucks stores represents a test on that front for the new CEO.

2 days ago - Business Insider

Starbucks union authorizes strike

CNBC's Andrew Ross Sorkin reports on the latest news.

3 days ago - CNBC Television

Starbucks Baristas Ready to Walk Out on Strike

Starbucks Workers United bargaining delegate and barista Michelle Eisen discusses the current status of the union discussions with management. She speaks with Scarlet Fu on "The Close.

3 days ago - Bloomberg Markets and Finance

Bert's November 2024 Dividend Income Summary

We focused on building two positions over the last year: Realty Income and Starbucks. AT&T slashed its dividend several years ago in an effort to shore up its balance sheet. Starbucks has rebounded we...

Other symbols: CVSDOCOT
3 days ago - Seeking Alpha

Starbucks is on the cusp of a major barista strike

Starbucks' biggest workers union on Tuesday went forward to authorize a nationwide strike. It said that the coffee chain had not settled hundreds of unfair labor practice cases.

3 days ago - Business Insider

Starbucks union votes to authorize strike ahead of this year's last scheduled bargaining session

Starbucks Workers United has voted to authorize a strike as the union seeks a contract with the coffee giant. Both sides are slated to meet for their last scheduled bargaining session of the year.

3 days ago - CNBC

Starbucks workers union authorizes potential US strike

The workers union representing more than 10,000 Starbucks baristas said they have authorized a potential strike, ahead of this year's final round of bargaining talks with the coffee giant on Tuesday.

3 days ago - Reuters

India's Tata faces pressure in Starbucks joint venture as consumers cut back

India's Tata Consumer Products "will calibrate" its plans to open Starbucks stores in the near term at a time when fewer customers are walking into its cafes in the world's most populous country, its ...

5 days ago - Reuters

Starbucks Declares Quarterly Cash Dividend

SEATTLE--(BUSINESS WIRE)--Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a quarterly cash dividend of $0.61 per share of outstanding Common Stock. The di...

9 days ago - Business Wire

Dividend Income Summary: Lanny's November 2024 Summary

Investing in dividend stocks allows you to earn dividend income, the best passive income stream. The power of compounding and dividend reinvestment is a wonderful component to the portfolio. All of th...

Other symbols: ABBVCATCVSCZNCDEETNGD
11 days ago - Seeking Alpha

Starbucks posts $5.8m loss as Australians cut back on costly lattes by brewing at home

Result comes as blow to coffee chain's hopes of cracking local market after posting a surplus in 2023

11 days ago - The Guardian

Don't Count Coffee Stocks Out. How Gen Z Can Rescue Starbucks.

Investors have been concerned about coffee chains recently, but younger generations could come to the rescue.

16 days ago - Barrons

This Analyst With 86% Accuracy Rate Sees More Than 12% Upside In Starbucks - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

U.S. stocks settled higher on Friday, with the Dow Jones and S&P 500 surging to fresh highs during the shortened trading session. The Dow gained 1.4% last week, while the S&P 500 gained 1.1% on the we...

19 days ago - Benzinga