- Starbucks baristas reject the company's proposal, seeking improved compensation and benefits.
- Wall Street analysts predict a significant upside potential for Starbucks Corp (SBUX, Financial) stock.
- Starbucks Corp's (SBUX) GF Value suggests a promising increase from the current price.
Unionized Starbucks baristas have decisively turned down the latest company proposal, which offered a modest 2% annual raise but failed to enhance vital economic benefits like healthcare. An overwhelming 81% of the 490 delegates, representing more than 550 U.S. union stores, voted against the deal, prompting calls for further negotiations.
Starbucks Stock: Analysts' Projections
With insights from 31 financial analysts, the one-year price target for Starbucks Corp (SBUX, Financial) reveals an average of $99.75. Projections suggest a high of $125.00 and a low of $76.00, offering a potential upside of 19.02% from its current valuation of $83.81. Further detailed estimates are accessible through the Starbucks Corp (SBUX) Forecast page.
Brokerage Recommendations and GF Value Analysis
Starbucks Corp (SBUX, Financial) enjoys an "Outperform" rating from 39 brokerage firms, with an average recommendation score of 2.5. This rating operates on a scale from 1 to 5, where 1 represents a Strong Buy, and 5 signifies a Sell.
According to GuruFocus metrics, the estimated GF Value for Starbucks Corp (SBUX, Financial) stands at $105.92 for the upcoming year. This suggests an enticing upside of 26.38% compared to its current market price of $83.81. The GF Value embodies GuruFocus' assessment of the fair trading value of a stock, calculated by considering historical trading multiples, previous business growth, and future performance projections. For additional data, investors can visit the Starbucks Corp (SBUX) Summary page.
