SBUX stock icon

Starbucks
SBUX

$79.91
0.29%
 

About: Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 38,000 stores across more than 80 countries as of the end of fiscal 2023. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products.

Employees: 381,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 37 analysts
0
News positive %
of 81 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

23% more call options, than puts

Call options by funds: $2.17B | Put options by funds: $1.77B

0% more repeat investments, than reductions

Existing positions increased: 971 | Existing positions reduced: 970

0.82% less ownership

Funds ownership: 71.94% [Q4 2023] → 71.13% (-0.82%) [Q1 2024]

2% less funds holding

Funds holding: 2,404 [Q4 2023] → 2,361 (-43) [Q1 2024]

6% less capital invested

Capital invested by funds: $78.5B [Q4 2023] → $73.5B (-$5.03B) [Q1 2024]

20% less funds holding in top 10

Funds holding in top 10: 41 [Q4 2023] → 33 (-8) [Q1 2024]

20% less first-time investments, than exits

New positions opened: 168 | Existing positions closed: 211

Research analyst outlook

37 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$80
0%
upside
Avg. target
$97
21%
upside
High target
$120
50%
upside

37 analyst ratings

12 positive
32%
25 neutral
68%
negative
0%
TD Cowen
Andrew Charles
6%upside
$85
Hold
Reiterated
13 Jun 2024
B of A Securities
Sara Senatore
40%upside
$112
Buy
Maintained
10 Jun 2024
Piper Sandler
Brian Mullan
6%upside
$85
Neutral
Maintained
6 May 2024
HSBC
Meredith Jensen
5%upside
$84
Hold
Maintained
3 May 2024
JP Morgan
John Ivankoe
15%upside
$92
Overweight
Maintained
1 May 2024

Financial journalist opinion

Based on 81 articles about SBUX published over the past 30 days