Analyst Ratings Coverage
On Monday October 24th, STA Research (Rank#25) issued a research report on Starbucks, and maintained the “Hold” rating on the stock, with a 12 month target forecast of $110 per share.
SBUX Stock Analysis & Forecast
Analyst Target Price: An aggregate forecast from 20 analysts points to an average target price of USD 113.88 for Starbucks Corporation over the next 12 months. These forecasts stem from rigorous evaluations of the company’s financial health, market trends, and a multitude of factors that influence its growth potential. This target price serves as a benchmark against which the stock’s performance can be measured.
Average Analyst Rating: Starbucks Corporation boasts an “Average Analyst Rating” of “Buy.” This collective endorsement from analysts signifies their positive outlook on the stock. A “Buy” rating indicates the consensus among analysts that Starbucks presents a promising investment opportunity and is likely to perform well in the near term.
Stock Target Advisor’s Analysis: Furthermore, Stock Target Advisor has conducted an independent analysis of Starbucks Corporation’s stock, offering a “Slightly Bullish” outlook. This suggests a cautiously optimistic sentiment towards the stock’s performance. This rating is generated from a balance of six positive signals and four negative signals, offering a nuanced perspective on the stock’s potential.
Recent Stock Performance: Examining recent trends in Starbucks Corporation’s stock performance reveals the following:
- One-Week Change: Over the past week, the stock price has demonstrated a positive change of +2.96%. This indicates a short-term increase in value, potentially driven by recent market developments or positive news related to the company.
- One-Month Change: The stock’s value has inched up by +0.54% over the past month. This suggests a relatively stable performance over this time frame.
- One-Year Change: Zooming out to a one-year horizon, the stock price has exhibited a significant increase of +6.30%. This long-term growth may be associated with various factors contributing to Starbucks’ profitability and investor confidence.
Final Stock Analysis
The combination of insights from financial analysts, stock analysis firms, and historical performance data helps to provide a comprehensive view of Starbucks Corporation’s stock position. While the “Buy” rating and positive target price forecasts signal optimism, the recent performance trends underscore the importance of remaining attentive to market dynamics and company developments.
