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TSX climbs on BoC cut, Wall Street fadesTSX, tech climbInflation data lifts markets, Starbucks shake-upThis summary was created by AI, based on 26 opinions in the last 12 months.
Starbucks is undergoing significant changes under its new CEO, who has previously demonstrated success at Chipotle. Experts generally express optimism about potential improvements in throughput and the restoration of the coffee house vibe, along with ambitious plans for additional locations in the U.S. However, concerns about the company's performance in China, increased competition, and overall market saturation are prevalent. Despite recent positive stock movements, many analysts caution that turnarounds may take time and emphasize the need for sustained operational improvements. The financial landscape remains mixed, with high levels of debt and volatile performance expectations, leading to varying opinions on whether to buy or sell at current prices.
Buy on this pullback. This was down 13% in 2022, and 2% in 2023 and another 2% this year. It's rare for SBUX to be down three straight years. We'll know when they report Jan. 28 if the turnaround is working. They will do $1 billion in revenue, -1% YOY, $1.12 billion in EBIT or -23% YOY. Analyst expectations are very low. Shares are trading at their 10-year median valuation. They just hired the best QSR CEO who will turn things around. At $80-65, he will add a lot more shares.
Shares are up 27% after they changed CEOs, but some analysts aren't sold. Bears say turnarounds take time and are expensive, and earnings estimates need to come down. He agrees with the bulls who feel that operating margins will improve, though earnings estimates need to come down. He has a large position, but hasn't sold a share on the CEO news. He expects either flat or weak earnings next year, but is willing to hold on as long the company comes out better the following year.
Technically, great that it's broken above the 200-day MA, but that's still trending lower. Stock's gapped up. On his watchlist. Concerns about China, its second-largest market.
Investors should be cautious about the new-CEO effect. They need to execute. Stock moving higher is a hope for execution. Not cheap at this point, 2.9x PEG.
Starbucks is a American stock, trading under the symbol SBUX-Q on the NASDAQ (SBUX). It is usually referred to as NASDAQ:SBUX or SBUX-Q
In the last year, 33 stock analysts published opinions about SBUX-Q. 12 analysts recommended to BUY the stock. 12 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Starbucks.
Starbucks was recommended as a Top Pick by on . Read the latest stock experts ratings for Starbucks.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
33 stock analysts on Stockchase covered Starbucks In the last year. It is a trending stock that is worth watching.
On 2025-04-02, Starbucks (SBUX-Q) stock closed at a price of $99.41.
Going back to basics. In only 6 months, new CEO has put his stamp on the business. Should be back to double-digit growth next year. Early stages of a turnaround. Incredible franchise. Because people put $$ on their SBUX apps (to the tune of ~$3B), it's making money off this float just like a bank.
Focus includes getting orders through much faster, but creating a better and more welcoming atmosphere. So much about the retail experience today is about the vibe.