Starbucks (SBUX) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024)

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Starbucks (SBUX) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024)

FAQs

Starbucks (SBUX) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›

The average price target is $103.15 with a high forecast of $120.00 and a low forecast of $87.00. The average price target represents a 16.78% change from the last price of $88.33.

What are analysts saying about Starbucks stock? ›

Analyst Price Targets

Based on analysts offering 12 month price targets for SBUX in the last 3 months. The average price target is $89.19 with a high estimate of $104 and a low estimate of $75.

What is the future prediction for Starbucks? ›

For fiscal 2024, Starbucks now expects revenue growth in the low single digits, down from its prior forecast of 7% to 10%. The company also revised its projections for global and U.S. same-store sales growth to a range of low single digits to flat from its previous forecast of 4% to 6%.

Is SBUX a good buy? ›

Starbucks SBUX is a Zacks Rank #5 (Strong Sell), indicating that analysts have taken a bearish stance on the company's earnings outlook. For those seeking strong stocks, a great idea would be to focus on stocks carrying a Zacks Rank #1 (Strong Buy) or a Zacks Rank #2 (Buy).

What is the stock price prediction for Starbucks in 2024? ›

Starbucks Stock Price Forecast 2024-2025

The forecasted Starbucks price at the end of 2024 is $96.34 - and the year to year change -3%. The rise from today to year-end: +5%.

Is Starbucks stock a buy hold or sell? ›

Is Starbucks stock a Buy, Sell or Hold? Starbucks stock has received a consensus rating of hold. The average rating score is Baa1 and is based on 43 buy ratings, 52 hold ratings, and 2 sell ratings.

Who is the largest shareholder of Starbucks? ›

Vanguard owns the most shares of Starbucks (SBUX). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.

Will Starbucks be successful in the future? ›

Globally, Starbucks expects to approach 45,000 stores by the end of 2025, and is well on track to reach approximately 55,000 stores by 2030, as projected at its 2020 Investor Day. Starbucks now expects global revenue growth in the range of 10% to 12% annually from fiscal 2023 to fiscal 2025.

Is Starbucks currently thriving? ›

In fiscal 2023, Starbucks booked a 12% year-over-year (y-o-y) revenue growth to almost $36 billion, led by an 8% comps growth. The chain posted a healthy balance between rising customer traffic and increased spending, too.

Will Starbucks continue to grow? ›

Starbucks stock is down 10% over the past year. On the flip side, the coffee chain continues to open stores at a rapid pace, including 549 in the first quarter alone. Management sees an opportunity to expand from about 38,500 stores today to 55,000 by 2030. That's years of revenue growth just from new stores.

Is SBUX stock overvalued? ›

The intrinsic value of one SBUX stock under the Base Case scenario is 104.354 USD. Compared to the current market price of 72.165 USD, Starbucks Corp is Undervalued by 31%.

Why invest in SBUX? ›

Valuation metrics show that Starbucks Corporation may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of SBUX, demonstrate its potential to perform inline with the market. It currently has a Growth Score of C.

Why is Starbucks stock so low? ›

Shares of Starbucks fell to a 21-month low in extended trading on Tuesday on the heels of a dismal quarterly earnings report missing analysts' expectations amid faltering sales in the first few months of 2024.

What is Starbucks stock potential? ›

Given the changes to our revenues and EPS forecast, we have revised our Starbucks' Valuation to $80 per share, based on a $3.75 expected EPS and a 21.4x P/E multiple for the fiscal year 2024 - almost 7% higher than the current market price.

How often do Starbucks employees get stock? ›

Each November, eligible partners receive Bean Stock after the Starbucks Board of Directors approves the annual grant. Your Starbucks Stock team will load your new grant to your Fidelity NetBenefits account and send notice when it's viewable, usually by mid-December.

What is the 1 year target estimate for the price of Starbucks stock? ›

According to the issued ratings of 25 analysts in the last year, the consensus rating for Starbucks stock is Hold based on the current 16 hold ratings and 9 buy ratings for SBUX. The average twelve-month price prediction for Starbucks is $96.43 with a high price target of $150.00 and a low price target of $75.00.

Is Starbucks stock expected to go up? ›

Stock Price Forecast

The 20 analysts with 12-month price forecasts for Starbucks stock have an average target of 97.15, with a low estimate of 80 and a high estimate of 150. The average target predicts an increase of 32.18% from the current stock price of 73.50.

How much debt does Starbucks stock have? ›

Starbucks long term debt for 2023 was $13.548B, a 3.26% increase from 2022. Starbucks long term debt for 2022 was $13.12B, a 3.65% decline from 2021. Starbucks long term debt for 2021 was $13.617B, a 7.11% decline from 2020.

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