Starbucks Corporation (NASDAQ:SBUX) Price Target and Financial Overview

• Guggenheim's Gregory Francfort sets a new price target of $83 for Starbucks.
• Starbucks reports revenue of $8.76 billion, missing estimates, with adjusted EPS at $0.41.
• Increased competition and global tensions impact Starbucks' market position and future margin expansion forecasts.

Starbucks Corporation (NASDAQ:SBUX) is a global coffeehouse chain known for its premium coffee and customer experience. As of April 29, 2025, Guggenheim's Gregory Francfort set a price target of $83 for SBUX, while the stock traded at $84.85. This reflects a -2.18% difference from the target, as highlighted by Benzinga. Concerns include competition, rising costs, and global tensions.

Guggenheim's Francfort maintains a Neutral rating on Starbucks, lowering the price target from $95 to $83. Starbucks' recent financial results show revenue of $8.76 billion, missing the $8.86 billion estimate. Adjusted EPS was $0.41, below the $0.50 consensus. Despite a 2% increase in net revenue, global comparable store sales fell by 1%.

Starbucks faces increased competition from local brands like CHA, impacting its market position. The ongoing trade war and potential resistance to U.S. brands add to the challenges. Consequently, forecasts for margin expansion have been revised. The 2027 EBIT margins are now expected to improve by 150 basis points over 2025, down from the previous 270 basis points forecast.

The current stock price of $84.85 reflects a 1.13% increase. The stock has traded between $83.20 and $85.07 today. Over the past year, it reached a high of $117.46 and a low of $71.55. Starbucks' market capitalization stands at approximately $96.38 billion, with a trading volume of 12,015,174 shares on the NASDAQ.