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Starbucks Stock Is $20 Undervalued, According to 1 Wall Street Analyst
In 2023, Starbucks earned $3.58 per share. "Low single digits" growth implies that 2024 earnings might be as high as $3.72 per share. So at $75 today, the coffee stock is trading for at best 20 times current-year earnings.
Starbucks CFO says there are no plans to lower prices, but Wall Street is skeptical of its 2024 plans
Starbucks' (SBUX) green siren seems to be lost at sea. The coffee giant had its worst day in trading since March 2020, with shares down nearly 16% on Wednesday after reporting Q2 results that were hard to swallow.
Wall Street Breakfast Podcast: Starbucks Disappoints
Starbucks drops to 52-week low after full-year guidance slash. Cruise operator Viking prices IPO at $24 a share. Google to pay News Corp. up to $6M annually to develop AI content, products.
18h
Starbucks On The New Lows List. What The Price Charts Look Like.
They used to call it the McDonalds of coffee but that analogy is unlikely to make it into the business model textbooks.
1d
on MSN
Starbucks just had a ‘disappointing’ quarter. Here’s how it plans to turn things around
Starbucks is brewing a turnaround plan that involves speedier service and expanding the number of promotions after its most ...
18h
on MSN
Stock Market Today: Trump Media, Starbucks Shares Up, Peloton Down
TMTG, which is owned by former President Donald Trump and uses the ticker symbol DJT, saw its stock go up six percent after a ...
12h
on MSN
Starbucks CEO's Dilemma Unfolds With Stock Performance, Falling Sales
Starbucks' honeymoon with new CEO Laxman Narasimhan ends abruptly as shares plummet 18% post-disappointing quarterly results.
Yahoo
11h
Starbucks Is, At Long Last, Adding Boba Drinks To The Menu This Summer
For those who've dreamt of ordering boba from
Starbucks
one day, this is your summer. Fans of the coffee chain have been ...
1d
on MSN
Starbucks Is Having Its Worst Day Since 2020. Expensive Coffee Finally Takes Toll.
Net sales in the March quarter totaled $8.56 billion, while analysts polled by FactSet expected $9.13 billion.
1d
on MSN
Starbucks says it's launching boba-inspired drinks this summer
Some TikTok users who appear to be Starbucks baristas have posted videos of drinks made with "raspberry popping "pearls." ...
2d
on MSN
Starbucks lowers guidance, promises new drinks and deals after customer traffic fell in weak Q2
Starbucks lowered expectations for its full-year sales and profit after a disastrous quarter that saw a slowdown in store ...
1d
Forget Starbucks: Buy this unstoppable growth stock instead
Cava has been a publicly traded stock for less than a year, but it's showing the strength of a much more mature restaurant ...
1d
Editorial: Wait, how much for a latte? Even high-flying Starbucks is suffering.
Starbucks has defied this concern for decades, deftly pitching its offerings as premium experiences even as the company’s ...
Tasting Table on MSN
18h
Review: Starbucks Cold Brew Canned Flavors Can't Compete With Their In-Store Counterparts
Starbucks has rolled out a new line of canned cold brews, but are they good? We tasted them to break down the pros and cons ...
2d
Same-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8%
After the chain’s quarterly earnings missed Wall Street’s estimates, its shares fell more than 12 percent in after-hours ...
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