StarbucksSBUX
About: Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 40,000 stores across more than 80 countries as of the end of fiscal 2024. 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: 361,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
64% more first-time investments, than exits
New positions opened: 269 | 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: 2,223 [Q2] → 2,295 (+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: 750 | Existing positions reduced: 1,068
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
RBC Capital Logan Reich 55% 1-year accuracy 12 / 22 met price target | 3%upside $115 | Outperform Reiterated | 29 Jan 2025 |
BMO Capital Andrew Strelzik 45% 1-year accuracy 14 / 31 met price target | 3%upside $115 | Outperform Maintained | 29 Jan 2025 |
UBS Dennis Geiger 45% 1-year accuracy 9 / 20 met price target | 6%downside $105 | Neutral Maintained | 29 Jan 2025 |
Wedbush Nick Setyan 64% 1-year accuracy 62 / 97 met price target | 10%downside $100 | Neutral Maintained | 29 Jan 2025 |
Barclays Jeffrey Bernstein 51% 1-year accuracy 52 / 101 met price target | 12%upside $124 | Overweight Maintained | 29 Jan 2025 |
Financial journalist opinion
Based on 101 articles about SBUX published over the past 30 days
