Starbucks Corporation (SBUX)
| Market Cap | 83.88B |
| Revenue (ttm) | 36.53B |
| Net Income (ttm) | 4.16B |
| Shares Out | 1.13B |
| EPS (ttm) | 3.63 |
| PE Ratio | 20.40 |
| Forward PE | 19.29 |
| Dividend | $2.28 (3.08%) |
| Ex-Dividend Date | Aug 16, 2024 |
| Volume | 11,576,767 |
| Open | 73.84 |
| Previous Close | 73.32 |
| Day's Range | 73.71 - 75.02 |
| 52-Week Range | 71.55 - 107.66 |
| Beta | 0.94 |
| Analysts | Buy |
| Price Target | 92.05 (+24.31%) |
| Earnings Date | Jul 30, 2024 |
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 and tea 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 accounts. The ... [Read more]
Financial Performance
In 2023, Starbucks's revenue was $35.98 billion, an increase of 11.55% compared to the previous year's $32.25 billion. Earnings were $4.12 billion, an increase of 25.69%.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for SBUX stock is "Buy." The 12-month stock price forecast is $92.05, which is an increase of 24.31% from the latest price.
News
What You Need To Know Ahead of Starbucks Earnings Tuesday
Starbucks (SBUX) reports fiscal third-quarter earnings after the bell Tuesday, with analysts expecting a quarterly performance roughly in line with the same quarter a year ago.
Starbucks operator Alsea may 'adjust' 2024 guidance -Visor
Fast-food chain operator Alsea on Wednesday warned it could adjust its guidance for 2024, due to a more challenging macro-economic environment and unfavorable foreign exchange, according to outlet Vis...
Can activist investor Elliott turn the tide for Starbucks amidst struggling sales?
Elliott Investment Management has taken a big stake in the coffee maker. Will it be able to revive the company's fortunes and improve sales?
Watch These Starbucks Stock Price Levels as Activist Reportedly Takes Stake
Starbucks (SBUX) shares jumped nearly 7% on Friday to log their highest one-day percentage gain in more than eight months after the Wall Street Journal reported that activist investor Elliott Investme...
Starbucks shares jump after activist investor reportedly builds big stake
The coffee giant has been struggling to combat long lines and steep competition.
Activist Elliott reportedly has a significant stake in Starbucks, in talks with management
Elliott has taken a big stake in Starbucks, the Wall Street Journal reported, citing people familiar with the matter. It is engaging with management to find ways to improve performance at the struggli...
Activist Elliott reportedly takes sizable stake in Starbucks
CNBC's Kate Rogers joins 'Power Lunch' to discuss reports of activist Elliott taking a stake in Starbucks.
Activist Elliott Takes Big Stake in Starbucks
Elliott Investment Management has built a sizable stake in Starbucks SBUX 5.64%increase; green up pointing triangle, and the activist has been pushing the coffee giant privately on ways to boost its s...
Starbucks could give a much-needed jolt to the EV market
Mercedes-Benz is installing fast EV charging stations at 100 Starbucks locations across the nation. The partnership will help reduce range anxiety and could also drive more Starbucks sales.
China Isn't Done Tormenting Nike or Starbucks. Global Brands Hit Local Competition.
Investors are beginning to rethink the value of Chinese business for global brands, according to a new report from TD Cowen
Starbucks Plans to Add Mercedes EV Charging Stations at 100 U.S. Stores
Customers at some Starbucks (SBUX) locations can soon get more than just a caffeine “charge.” They'll be able to get one for their electric vehicle, too.
Starbucks Launches EV Charging Partnership With Mercedes
Starbucks has teamed with Mercedes-Benz to bring electric vehicle (EV) charging to its stores. The collaboration with Mercedes-Benz High-Power Charging, announced Wednesday (July 17), will place charg...
Starbucks and Mercedes-Benz help electrify I-5 corridor with fast chargers for EVs
Stopping for coffee between Washington and California could soon include the option of topping off an electric vehicle battery charge thanks to a new partnership between Starbucks and Mercedes-Benz.
Mercedes-Benz unit partners with Starbucks for fast-charging stations in US
A Mercedes-Benz unit said on Wednesday it had partnered with Starbucks to deploy its fast-charging stations at more than 100 locations across the United States.
Starbucks Announces Q3 Fiscal Year 2024 Results Conference Call
SEATTLE--(BUSINESS WIRE)--Starbucks Corporation (Nasdaq: SBUX) plans to release its third quarter fiscal year 2024 financial results after market close on Tuesday, July 30, 2024, with a conference cal...
This Starbucks Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag...
Goldman Sachs' John Marshall breaks down top earnings trades
John Marshall, Goldman Sachs head of derivatives research, joins 'Money Movers' to discuss tactical trades.
Calls of the Day: Visa, Regeneron, Target, Spotify, Netflix, Starbucks and McDonald's
The Investment Committee discuss the latest calls of the day.
Wall Street's Most Accurate Analysts Weigh In On 3 Consumer Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...
How Luckin Coffee Bounced Back and Beat Starbucks in China
China's Luckin Coffee has overtaken Starbucks as the country's top coffee retailer. That's a remarkable rebound from less than four years ago, when the company filed for bankruptcy.
Starbucks stock price forms a death cross: July 30th will be key
Starbucks (NASDAQ: SBUX) stock price has become unloved and unwanted as the company continued to face elevated challenges in its key markets. After peaking at $112.25 in May 2023, the stock has tumble...
Workers at Edmonton's Kingsway Ave. Starbucks vote to join the United Steelworkers union
EDMONTON, Alberta, July 02, 2024 (GLOBE NEWSWIRE) -- Starbucks workers at the Kingsway Ave. & 117 St. store in Edmonton have voted to join the United Steelworkers (USW) union.
Inside Starbucks' plans to improve stores
CNBC's Kate Rogers with an exclusive look at changes being implemented in Starbucks stores to improve the experience for baristas and customers as the company's app opens up to non-Rewards members in ...
AI In The Drive-Thru: Chipotle, Starbucks, McDonald's Lead The Charge
Artificial intelligence (AI) is revolutionizing the restaurant industry.
Inside Starbucks' plans to improve stores for customers and baristas
Starbucks' baristas have begun to implement the “Siren Craft System,” a series of changes in how orders are processed and made. As some Americans have become cost conscious in the face of ongoing infl...