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What Analysts Think of Starbucks Stock Ahead of Earnings

1. Starbucks to report fiscal Q1 results; revenue and earnings expected to fall. 2. Ten of 16 analysts rate SBUX as 'buy' with a target near $106. 3. Projected sales decline of 1% year-over-year; same-store sales down 4.8%. 4. Analysts express concerns over product innovation and strategic decisions by CEO. 5. Watch for possible 2025 forecast updates during this earnings report.

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FAQ

Why Bearish?

Anticipated revenue and earnings decline may negatively affect investor sentiment. Similar past reports have shown that lower results directly impact stock performance.

How important is it?

The earnings report's implications for guidance and sales figures are significant for SBUX's outlook.

Why Short Term?

Immediate results from the upcoming earnings report will likely influence SBUX price. Previous quarterly reports have shown quick market reactions.

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