SBUX Starbucks Stock Forecast 2023, 2025 and 2030

Latest Starbucks Stock Price

Article Coverage: Starbucks Stock Performance, Latest Starbucks News, Aggregated Forecasts, Latest, Starbucks Latest Production Update, Reasons to Buy or Sell Starbucks Stock, GUSH Investor Day Analysis, FAQs and Other Detailed Analysis.

Starbucks was founded in 1971 in Seattle, Washington, by Jerry Baldwin, Gordon Bowker, and Zev Siegl. The company originally sold roasted whole-bean coffee, tea, and spices. In 1985, Howard Schultz joined Starbucks and helped to expand the company’s retail business. Starbucks opened its first retail store outside of Seattle in 1987, and the company went public five years later. Starbucks Corporation went public on June 26, 1992, on the NASDAQ stock exchange under the ticker symbol “SBUX.”

SBUX Starbucks Stock Forecast 2023: Latest News

• Workers at the Starbucks Reserve Roastery in Chicago voted to reject union membership. The vote was 119-90, with 11 challenged ballots. The vote was a setback for Workers United, an affiliate of the Service Employees International Union, which has been organizing Starbucks workers across the country. The union has won union elections at over 350 Starbucks stores, but it has also lost several elections, including the one at the Chicago Reserve Roastery.
• Workers at a Starbucks in Scottsboro, Alabama, went on strike on Sunday, August 28, 2023, to protest working conditions and unfair labor practices. The store is one of just a handful of stores in Alabama where workers have voted to join a union.

SBUX Stock Predictions 2023: Analysts

SBUX Average Target Price	$117
Citigroup	$112
Barclays	$123
Morgan Stanley	$104
TD Cowen	$117
Credit Suisse	$128

SBUX Starbucks Stock Forecasts 2023, 2024, 2025 and 2030

• Starbucks Price Prediction 2023: $99.8
• Starbucks Price Prediction 2024: $106
• Starbucks Price Prediction 2025: $122
• Starbucks Price Prediction 2030: $224

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SBUX Forecast Today

SBUX Stock Performance in the Last 12 Months

• Last 1 Month: –6.8%
• Last 6 Months: -5.9%
• Year to Date (2023): -3.9%

Starbucks Stock Forecast: Will SBUX reach $120 in 2023?

Whether Starbucks stock will hit $120 in 2023 is a matter of speculation. Starbucks’ stock price could be impacted by a variety of things in the future due to the unpredictability of the stock market.

There are some elements, nevertheless, that might help Starbucks stock reach $120 in 2023. First of all, Starbucks is a reputable business with a strong brand and a following of devoted customers. The business has a history of profitability and growth, and it is in a good position to do so in the future.

Second, Starbucks is in a good position to benefit from the constantly expanding coffee market. The business is growing its product offerings to better serve customers’ evolving needs and has a global reach.

Finally, Starbucks is making significant investments in its digital platform, which is predicted to fuel future development. In order to increase sales, the company is also growing its delivery and drive-thru operations.

Naturally, there are several issues that might make it unlikely for Starbucks stock to hit $120 in 2023. First of all, the stock market is unpredictable, and unforeseen circumstances may arise that would be bad for Starbucks’ business. Starbucks’ sales and profitability could be negatively impacted by, say, a severe health crisis or a worldwide economic downturn.

Second, other coffee companies like Dunkin’ Brands and McDonald’s are becoming a bigger threat to Starbucks. Additionally, these businesses are making investments in their delivery services and digital platforms, which could make it challenging for Starbucks to keep its market share.

In conclusion, it is difficult to predict whether Starbucks stock will hit $120 in 2023. Its stock price may still eventually reach this level due to a few causes. Before making any investment selections, investors should thoroughly weigh all the relevant factors.

SBUX Starbucks Stock Forecast: How High Will SBUX Go in 2023?

It is impossible to say for sure how high SBUX stock will go in 2023. The stock market is unpredictable, and there are many factors that could affect SBUX’s price in the future.

However, there are some analysts who have made predictions about SBUX’s future stock price. For example, TipRanks has a median price target of $113.50 for SBUX stock, with a high target of $125.00 and a low target of $95.00. This suggests that analysts believe that SBUX stock could be worth anywhere from $95 to $125 per share in 2023.

Of course, these are just predictions, and there is no guarantee that SBUX stock will reach any of these price targets. Investors should carefully consider all of the factors involved before making any investment decisions.

Here are some of the factors that could affect SBUX’s price in 2023:

• The growth of the coffee industry.
• Starbucks’ ability to maintain its current growth rate.
• The competitive landscape in the coffee industry.
• The overall stock market conditions.

Starbucks Stock Forecast: Is SBUX a good stock to buy?

There are many reasons why investors may want to consider buying Starbucks stock. Here are a few of the most compelling reasons:

• Strong brand and reputation: Starbucks is a well-established company with a strong brand and a loyal customer base. The company has a track record of profitability and growth, and it is well-positioned to continue growing in the future.
• Growing coffee industry: The coffee industry is growing rapidly, and Starbucks is well-positioned to capitalize on this growth. The company has a global reach, and it is expanding its product offerings to meet the changing needs of consumers.
• Digital transformation: Starbucks is investing heavily in its digital platform, which is expected to drive growth in the future. The company is also expanding its delivery and drive-thru businesses, which are expected to boost sales.
• Sustainable growth: Starbucks is committed to sustainable growth, and it is making progress on a number of fronts, including reducing its environmental impact and improving the lives of its employees.
• Attractive valuation: Starbucks stock is currently trading at a reasonable valuation, which makes it an attractive investment for long-term investors.

SBUX Prediction 2023: Reasons Not to Buy SBUX Stock

Here are some of the reasons why investors may not want to buy Starbucks stock:

• Competition: Starbucks faces increasing competition from other coffee chains, such as Dunkin’ Brands and McDonald’s. These companies are also investing in their digital platforms and delivery businesses, which could make it difficult for Starbucks to maintain its market share.
• Global economic downturn: A global economic downturn could hurt Starbucks’ sales and profits.
• Overvaluation: Starbucks stock is currently trading at a relatively high valuation, which could make it a risky investment.
• Labor shortages: Starbucks is facing labor shortages, which could impact its ability to operate its stores and deliver its products.
• Supply chain disruptions: Starbucks is facing supply chain disruptions, which could impact its ability to obtain the goods and services it needs to operate its business.

Overall, Starbucks stock is a well-positioned company with a strong track record of profitability and growth. However, investors should carefully consider the risks involved before making any investment decisions.

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions