On April 9, 2025, Jefferies upgraded Starbucks (NasdaqGS:SBUX) from Underperform to Hold, indicating a positive shift in market sentiment.
The average one-year price target for Starbucks is projected at $109.32 per share, suggesting a potential upside of 37.18% from its latest closing price of $79.69. Additionally, the company’s projected annual revenue is $44.76 billion, a 23.81% increase, with a non-GAAP EPS forecast of $4.84.
As of the latest reports, 3,475 funds hold positions in Starbucks, a rise of 39 funds or 1.14% in the last quarter. Total institutional shares owned increased by 3.50% to approximately 1,051,792,000 shares. The current put/call ratio stands at 0.76, reflecting a bullish market outlook.
