- Starbucks (SBUX, Financial) introduces a simplified dress code, sparking a debate on employee representation.
- Analysts predict a potential 23.94% upside for Starbucks shares with a target price of $103.68.
- GuruFocus estimates suggest a substantial 27.03% increase in stock value over the next year.
Starbucks Corp (SBUX) has unveiled a new dress code policy starting May 12, emphasizing its iconic green aprons within a refreshed, streamlined color scheme. This update aims to enhance the customer experience, aligning baristas more closely with the brand’s image. However, this change has encountered resistance from Starbucks Workers United, who insist that discussions should be completed before such implementations. As of now, Starbucks stock has experienced a 7.8% decline year-to-date.
Analysts' Target Price Predictions
According to insights from 31 seasoned analysts, Starbucks Corp (SBUX, Financial) holds a one-year average price target of $103.68. Projections vary, with the highest estimation hitting $125.00 and the lowest at $76.00. This analysis suggests a notable 23.94% upside potential from the present trading price of $83.66. For further details, visit the Starbucks Corp (SBUX) Forecast page.
Analysts’ Recommendations
The consensus from 39 brokerage firms currently rates Starbucks Corp (SBUX, Financial) as "Outperform", averaging a recommendation score of 2.5 on a scale where 1 signifies Strong Buy and 5 denotes Sell. This reflects a generally positive outlook among financial experts.
GuruFocus' Valuation Insights
GuruFocus projects the GF Value for Starbucks Corp (SBUX, Financial) at $106.27 over the upcoming year, indicating a potential 27.03% increase from its current valuation of $83.66. This metric denotes our estimate of the fair trading value, calculated by examining historical multiples, the company’s previous growth, and anticipated future performance. For more in-depth analysis, please refer to the Starbucks Corp (SBUX) Summary page.
