Why Starbucks stock is ripe for a 30% pop and a new era of growth: Analyst [Yahoo! Finance]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
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Source: Yahoo! Finance
Starbucks ( SBUX ) shares could percolate later in 2025 as it brews up better financial performances under new CEO Brian Niccol after a challenging 2024, says long-time Starbucks watcher Peter Saleh In Saleh's eyes, a focus by Niccol — who took over as CEO in Sept. 2024 — on faster service times, simpler pricing and better store operations are the ingredients to reestablish Starbucks shares as a top performer. "We believe that progress against these initiatives in 2025 will set the stage for outsized same-store sales and earnings growth in 2026 and beyond, catalyzing shares as we progress through the year and that recovery trajectory emerges," Saleh, the BTIG restaurant analyst, said in note on Thursday. Saleh slapped Starbucks as one of his top first half of 2025 picks, assigning a $115 price target. The target assumes about 30% upside from current levels. NasdaqGS Nasdaq Real Time Price • USD Starbucks Corporation (SBUX) Follow View Quote Details At close: Decem
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SBUX
Earnings
- 10/30/24 - In-Line
SBUX
Sec Filings
- 12/3/24 - Form 4
- 11/29/24 - Form 144
- 11/25/24 - Form 144
- SBUX's page on the SEC website