Starbucks Corporation ($SBUX) Stock Forecast: Up 8.8% Today

What is Starbucks Corporation?

Starbucks (SBUX) is a well-known multinational chain of coffeehouses, famous for its premium coffee and espresso drinks. The company operates over 33,000 stores worldwide and has a strong presence in the global market.

Why is Starbucks Corporation going up?

SBUX stock is up 8.8% on Jan 29, 2025 20:43

• A strong first-quarter performance was noted by Starbucks, surpassing earnings expectations with EPS exceeding consensus and a smaller decline in same-store sales.
• Investors responded positively to the company's menu simplification efforts, which involved reducing items in both food and beverages.
• Analysts hold an optimistic view on Starbucks' future prospects, with a majority recommending it as a favorable investment, leading to a bullish trend in the stock.
• The upbeat outlook surrounding Starbucks, driven by robust financial outcomes and analyst endorsements, likely played a role in the stock's upward movement for the day.

SBUX Price Chart

SBUX Technical Analysis

SBUX News

Starbucks Posts Earnings Beat: New CEO Will 'Fix The Business The Right Way,' Analyst Says - Starbucks ( NASDAQ:SBUX )

Starbucks reported FQ1 EPS at 69 cents, beating consensus of 67 cents, with a lower-than-expected decline in SSS. Among other initiatives, the company is simplifying its menu, reducing ~30% of items in both food and beverages. Get the Real Story Behind Every Major Earnings Report

https://www.benzinga.com/news/earnings/earnings-beats/25/01/43313441/starbucks-posts-q1-beat-trends-bottoming-under-new-ceos-leadership-analysts-say

Starbucks Q1 Earnings & Revenues Top Estimates, Global Comps Decline

SBUX's first-quarter 2025 results reflect declining global comps amid leverage from net new store openings. Dive in to get a detailed view of the stock's quarterly performance.

https://www.zacks.com/stock/news/2405815/starbucks-q1-earnings-revenues-top-estimates-global-comps-decline

Wall Street Analysts Think Starbucks ( SBUX ) Is a Good Investment: Is It?

The average brokerage recommendation (ABR) for Starbucks (SBUX) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

https://www.zacks.com/stock/news/2405573/wall-street-analysts-think-starbucks-sbux-is-a-good-investment-is-it

Starbucks Stock Is Rising Wednesday: What's Going On? - Starbucks ( NASDAQ:SBUX )

Starbucks beats analyst estimates on the top and bottom lines in the first quarter. Barclays analyst Jeffrey Bernstein maintains Starbucks with an Overweight rating and raises the price target from $119 to $124. Get Wall Street's Hottest Chart Every Morning

https://www.benzinga.com/analyst-ratings/price-target/25/01/43304077/starbucks-stock-is-rising-wednesday-whats-going-on-2

Tesla, Starbucks And 3 Stocks To Watch Heading Into Wednesday - Microsoft ( NASDAQ:MSFT ) , Meta Platforms ( NASDAQ:META )

With U.S. stock futures trading mixed this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Tesla Inc. TSLA to report quarterly earnings at 74 cents per share on revenue of $27.13 billion after the closing bell, according to data from ...

https://www.benzinga.com/25/01/43295680/tesla-starbucks-and-3-stocks-to-watch-heading-into-wednesday

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Starbucks Corporation Price History

11.08.2024 - SBUX Stock was up 5.1%

• SBUX stock experienced a strong bullish movement today.
• The appointment of Brian Niccol as the new CEO of Starbucks, with his vision to reconnect the company with its community coffeehouse roots, seems to have resonated positively with investors.
• The emphasis on creating more inviting cafes with a focus on comfortable seating and a clear distinction between "to-go" and "for-here" services could potentially attract more customers and drive up sales, leading to the bullish market movement.
• Despite facing a class action lawsuit and the need for investors to recover losses, the positive outlook presented by the new CEO and his strategies to end the company's sales slump appear to have overshadowed these concerns, fueling the bullish sentiment around SBUX stock.

31.09.2024 - SBUX Stock was down 1.4%

• The return to personal touches and the plan to bring back Sharpies and ceramic mugs might not have resonated well with investors, signaling a potential disconnect with consumer preferences.
• The disappointing fourth-quarter fiscal results, especially the decline in North America and U.S. comparable store sales, likely contributed to the bearish movement.
• Despite the positive sentiment towards the new CEO's turnaround plan, the overall market sentiment might have been overshadowed by the company's revenue lag and declining store sales.
• The decision to drop extra charges for oat and almond milk in lattes could be seen as a positive move, but it might not have been sufficient to offset the broader concerns about the company's performance.

29.00.2025 - SBUX Stock was up 5.5%

• Reported better-than-expected earnings and revenue for the first quarter, beating analyst estimates.
• Analysts are bullish on Starbucks, with a price target increase from $119 to $124 and maintaining an Overweight rating.
• The addition of two former Taco Bell executives to Starbucks' leadership team and the change in the operating model for the retail team could be seen as positive moves by investors, signaling potential growth strategies.
• The overall positive sentiment surrounding Starbucks, coupled with the strong financial performance, likely contributed to the bullish movement in the stock price today.

29.00.2025 - SBUX Stock was up 8.8%

• A strong first-quarter performance was noted by Starbucks, surpassing earnings expectations with EPS exceeding consensus and a smaller decline in same-store sales.
• Investors responded positively to the company's menu simplification efforts, which involved reducing items in both food and beverages.
• Analysts hold an optimistic view on Starbucks' future prospects, with a majority recommending it as a favorable investment, leading to a bullish trend in the stock.
• The upbeat outlook surrounding Starbucks, driven by robust financial outcomes and analyst endorsements, likely played a role in the stock's upward movement for the day.

29.00.2025 - SBUX Stock was up 7.4%

• SBUX reported strong Q1 earnings and revenues that exceeded analyst estimates, showcasing the company's resilience and ability to navigate challenges in the global market.
• Despite a decline in global comps, the leverage from net new store openings contributed to the positive performance, indicating a strategic growth trajectory for Starbucks.
• Wall Street analysts have a positive outlook on SBUX, with an average brokerage recommendation equivalent to a Buy, reflecting investor confidence in the stock's potential for growth.
• The bullish movement in SBUX's stock price today could be attributed to the company surpassing Q1 earnings and revenue estimates, coupled with an analyst maintaining a positive rating and raising the price target, further boosting investor sentiment.

13.07.2024 - SBUX Stock was up 23.5%

• Starbucks shares surged after the announcement of the CEO shakeup, where the current CEO is being replaced by Chipotle's CEO. This move was well received by investors, indicating confidence in the new leadership.
• The market comeback and positive sentiment towards Starbucks were also reflected in the overall market movement, with the Dow Jones, NASDAQ, and S&P 500 all posting gains.
• The anticipation of a new direction under the incoming CEO likely contributed to the bullish movement in Starbucks stock, showcasing investor optimism and interest in the company's future prospects.

13.07.2024 - SBUX Stock was up 22.5%

• Starbucks appointed Brian Niccol, former Chipotle CEO, as its new chair and CEO.
• The market reacted positively to this leadership change, with investors showing optimism about Niccol's industry experience potentially driving new strategies for Starbucks.
• Anticipation of Niccol's leadership has boosted market confidence, resulting in a surge in SBUX shares.
• This move by Starbucks to bring in a new CEO with a strong industry background is viewed favorably as a step towards reviving the company and potentially overcoming previous sales challenges.

13.07.2024 - SBUX Stock was up 21.3%

• The appointment of Brian Niccol as Starbucks' new CEO has sparked optimism among investors, leading to a strong bullish movement in the stock price.
• Niccol's successful track record at Chipotle and his strategic vision are seen as key factors that could potentially revive Starbucks' sales growth.
• The market's positive reaction to the CEO change indicates that investors believe Niccol can bring fresh perspectives and initiatives to drive Starbucks' performance.
• The 24% stock rally reflects investors' confidence in the leadership transition and the potential for Starbucks to regain its competitive edge in the market under Niccol's guidance.

13.07.2024 - SBUX Stock was up 22.4%

• Starbucks experienced a strong bullish movement today.
• The market reacted positively to the news of Brian Niccol, former CEO of Chipotle Mexican Grill, replacing Laxman Narasimhan as the CEO of Starbucks.
• The leadership shakeup at Starbucks, with a new CEO coming from a successful background at Chipotle, has instilled confidence in investors, leading to a surge in the stock price.
• This change in leadership is seen as a strategic move to address disappointing sales and investor dissatisfaction, which has been positively received by the market.

13.07.2024 - SBUX Stock was up 22.3%

• Starbucks stock surged after the announcement of Brian Niccol as the new CEO, which was well-received by investors.
• The market reacted positively to the CEO switch, with $15 billion added to Starbucks' market cap, showcasing investor confidence in Niccol's leadership.
• Disappointing sales and investor dissatisfaction under the previous CEO likely contributed to the stock's bullish movement as investors anticipate positive changes under Niccol's leadership.
• The overall bullish market sentiment, with major indices like the Dow Jones, NASDAQ, and S&P 500 all posting gains, also supported Starbucks' upward movement.

13.07.2024 - SBUX Stock was up 22.2%

• Starbucks stock experienced a strong bullish movement following the announcement of Brian Niccol as the new CEO, replacing Laxman Narasimhan.
• The market responded positively to the news, with shares surging over 20% as investors showed confidence in Niccol's ability to revive the company's performance.
• The decision to bring in Niccol, who previously led Chipotle Mexican Grill, is seen as a strategic move to drive growth and innovation within Starbucks, leading to a significant increase in market value.
• The appointment of Niccol marks a new chapter for Starbucks, with Wall Street anticipating a turnaround under his leadership, potentially signaling the end of the Howard Schultz era.

13.07.2024 - SBUX Stock was up 23.6%

• Starbucks shares surged following the announcement of CEO Laxman Narasimhan being replaced by Chipotle's CEO Brian Niccol.
• The market responded positively to the news of the leadership change, indicating investor confidence in the new CEO's ability to drive growth and innovation within the company.
• The shakeup in leadership at Starbucks, coupled with investor optimism, contributed to the bullish movement in the stock price.
• The market's reaction suggests that investors are viewing the CEO transition as a positive strategic move for Starbucks, leading to increased buying interest and driving the stock price higher.