StarbucksSBUX
Market Cap: 83.9B
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
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
44 Wall Street Analysts provided 1 year price forecasts over the past 6 months
44 analyst ratings
Citigroup Jon Tower | 8%upside $80 | Neutral Maintained | 22 Jul 2024 |
BMO Capital Andrew Strelzik | 35%upside $100 | Outperform Maintained | 22 Jul 2024 |
TD Cowen Andrew Charles | 9%upside $81 | Hold Reiterated | 22 Jul 2024 |
Wedbush Nick Setyan | 4%upside $77 | Neutral Maintained | 19 Jul 2024 |
TD Cowen Andrew Charles | 9%upside $81 | Hold Maintained | 17 Jul 2024 |
Financial journalist opinion
Based on 92 articles about SBUX published over the past 30 days