StarbucksSBUX
SBUX
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
65% more first-time investments, than exits
New positions opened: 270 | Existing positions closed: 164
55% more funds holding in top 10
Funds holding in top 10: 22 [Q2] → 34 (+12) [Q3]
24% more capital invested
Capital invested by funds: $69.3B [Q2] → $86.2B (+$16.8B) [Q3]
20% more call options, than puts
Call options by funds: $4.3B | Put options by funds: $3.58B
3% more funds holding
Funds holding: 2,221 [Q2] → 2,293 (+72) [Q3]
0.05% less ownership
Funds ownership: 77.91% [Q2] → 77.86% (-0.05%) [Q3]
30% less repeat investments, than reductions
Existing positions increased: 749 | Existing positions reduced: 1,066
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$77
19%
downside
Avg. target
$104
9%
upside
High target
$117
23%
upside
10 analyst ratings
6 positive
60%
3 neutral
30%
1 negative
10%
Wells Fargo Zachary Fadem 66% 1-year accuracy 23 / 35 met price target | 21%upside $115 | Overweight Maintained | 26 Nov 2024 |
RBC Capital Logan Reich 37% 1-year accuracy 7 / 19 met price target | 21%upside $115 | Outperform Reiterated | 15 Nov 2024 |
Redburn Atlantic Edward Lewis 100% 1-year accuracy 2 / 2 met price target | 19%downside $77 | Sell Downgraded | 13 Nov 2024 |
TD Cowen Andrew Charles 44% 1-year accuracy 53 / 120 met price target | 16%upside $110 | Buy Reiterated | 11 Nov 2024 |
Citigroup Jon Tower 58% 1-year accuracy 18 / 31 met price target | 4%upside $99 | Neutral Maintained | 31 Oct 2024 |
Financial journalist opinion
Based on 54 articles about SBUX published over the past 30 days
Negative
24/7 Wall Street
2 days ago
Starbucks To Fire People
In a letter with ominous undertones, Starbucks (NASDAQ: SBUX) CEO Brian Niccol wrote, “Our size and structure can slow us down, with too many layers, managers of small teams and roles focused primarily on coordinating work.
Positive
Seeking Alpha
2 days ago
7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy
There is an often overlooked difference between income investing and dividend growth investing. The two are not the same. Timely charts showing that inflation is even more subdued than the official CPI metrics show, but also what threatens to disrupt the disinflationary trend. A discussion of three books dividend growth investors would benefit from reading. Only one is specifically about dividend growth investing.
Negative
Market Watch
3 days ago
Starbucks's turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks's promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.
Negative
New York Post
3 days ago
Starbucks to cut corporate jobs as CEO continues overhaul of coffee giant
“Our size and structure can slow us down, with too many layers, managers of small teams and roles focused primarily on coordinating work,” Niccol wrote.
Negative
Reuters
3 days ago
Starbucks to trim jobs as part of turnaround strategy, says CEO
Starbucks CEO Brian Niccol said on Friday the coffee giant will cut jobs to optimize its support teams as part of the company's ongoing turnaround efforts.
Negative
WSJ
3 days ago
Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.
Neutral
Reuters
4 days ago
Starbucks lead independent director Mellody Hobson to step down
Coffee giant Starbucks said on Thursday that Mellody Hobson, the lead independent director of its board, will depart after a tenure of nearly two decades with the company.
Neutral
Zacks Investment Research
5 days ago
Starbucks (SBUX) Ascends But Remains Behind Market: Some Facts to Note
In the most recent trading session, Starbucks (SBUX) closed at $93.08, indicating a +0.01% shift from the previous trading day.
Negative
Huffington Post
5 days ago
Hanging Out At Starbucks Will Cost You As Company Reverses Its Open-Door Policy
A spokesperson for the coffee chain said the new rules are designed to help prioritize paying customers.
Neutral
Business Insider
5 days ago
How Starbucks, Disney, and other companies are reacting to the LA fires
Companies are offering support to their employees and others affected by the Los Angeles wildfires. The deadly flames have burned thousands of acres and sent hundreds of thousands fleeing.
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