Wake up and smell the coffee Giant Head and Shoulders pattern, if this breaks below support post earnings, one can expect the pattern to confirm and a larger correction to occur.
Next report date
Report period
Q3 2024
EPS estimate
16.51MXN
Revenue estimate
158.96 BMXN
60.40MXN
71.89 BMXN
626.67 BMXN
1.10 B
About Starbucks Corporation
Sector
Industry
CEO
Laxman Narasimhan
Website
Headquarters
Seattle
Employees (FY)
381 K
Founded
1985
FIGI
BBG00JX0P4W0
Starbucks Corp engages in the production, marketing, and retailing of specialty coffee. It operates through the following segments: North America; International; and Channel Development. The North America and International segments sells coffee and other beverages, complementary food, packaged coffees, single-serve coffee products, and a focused selection of merchandise through company-oriented stores, and licensed stores. The Channel Development segment include sales of packaged coffee, tea, and ready-to-drink beverages to customers outside of its company-operated and licensed stores. The firm's brands include Seattle’s Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve and Princi. The company was founded by Jerry Baldwin and Howard D. Schultz on November 4, 1985 and is headquartered in Seattle, WA.
Startbucks Short OpportunityIf the price go up to 99, I will sell Starbucks, we are in a bearish move, breaker block has been confirmed, It just need to take last liquidity in the Balanced Price Range to move downside.
SBUX gets another earnings miss SHORTSBUX on the dialy chart may be another candidate to short while the general market remains
challenging in the face of the loss of anticipated rate cuts and ongoing geopolitical risk.
SBUX has been trending down for nearly six months and the earnings miss add emphaisis to the
trend. At this junc
Starbucks Faces Stock Slump Amidst Global ChallengesStarbucks ( NASDAQ:SBUX ), the renowned coffee giant, is weathering the storm as its stock takes a steep tumble following a downward revision of its annual forecasts. With shares plunging nearly 14%, concerns loom large over the company's future trajectory.
The primary culprits behind Starbucks' wo
SBUX Short Idea - Multiple Fib extensions convergingSBUX looks set to start a wave down to around $83 after a sideways ABCDE correction:
- 1:1 extension of the move down from 16 Nov 2023 to 17 Jan 2024
- 1:1 extension of the larger move down from 1st May 2023 to 3rd Oct 2023
- $83 is also strong support from previous consolidation in 2022
$SBUX Trending channelNot financial advice.
NASDAQ:SBUX will see if it gets rejected for a positive bounce at the bottom of the trending channel witch will align with the monthly candle on the first yellow line. if fails to do so next yellow lines will be the targets.
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thanks.
Starbucks Joins Forces with Podback for Coffee Pod RecyclingIn a significant stride towards environmental sustainability, Starbucks ( NASDAQ:SBUX ) has announced a groundbreaking partnership with Podback, a leading coffee pod recycling initiative in the UK. This innovative collaboration aims to revolutionize the way coffee lovers dispose of their used pods,
$SBUX Major Trendline BreakdownSimilar to my NASDAQ:TSLA post , Just "Line Lessons 101" , This breakdown to me is significant.
I think from 2020 to 2024 consumers have "had" to learn to make coffee at home to save $$$...
SBUX might be "Barnes and Nobles 2.0"
Wouldn't buy for a LOOOOONG TIME...
SBUX Elliot WXY Double CorrectionSBUX continues its decline, which started on May 2023 at $115.48. It may be currently making the Y wave of the Elliot WXY double correction.
I expect this correction to continue until the range of $77.5-$83. I think this price range will be a great buying opportunity for SBUX when looking at the
Starbucks... bang the recesssion gongAlways said, when. starbucks fails, discretionary spending over, recesssion here, end of $10 coffee, people making their own. .
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Frequently Asked Questions
The current price of SBUX is 1274.26 MXN — it has decreased by 16.17% in the past 24 hours. Watch STARBUCKS CORP stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BIVA exchange STARBUCKS CORP stocks are traded under the ticker SBUX.
STARBUCKS CORP is going to release the next earnings report on Jul 25, 2024. Keep track of upcoming events with our Earnings Calendar.
SBUX stock is 22.29% volatile and has beta coefficient of 1.02. Track STARBUCKS CORP stock price on the chart and check out the list of the most volatile stocks — is STARBUCKS CORP there?
SBUX earnings for the last quarter are 15.29 MXN per share, whereas the estimation was 15.81 MXN resulting in a −3.31% surprise. The estimated earnings for the next quarter are 13.20 MXN per share. See more details about STARBUCKS CORP earnings.
STARBUCKS CORP revenue for the last quarter amounts to 160.09 B MXN despite the estimated figure of 163.01 B MXN. In the next quarter revenue is expected to reach 151.20 B MXN.
Yes, you can track STARBUCKS CORP financials in yearly and quarterly reports right on TradingView.
SBUX stock has fallen by 16.08% compared to the previous week, the month change is a 16.42% fall, over the last year STARBUCKS CORP has showed a 38.26% decrease.
SBUX net income for the last quarter is 12.80 B MXN, while the quarter before that showed 17.40 B MXN of net income which accounts for −26.43% change. Track more STARBUCKS CORP financial stats to get the full picture.
Today STARBUCKS CORP has the market capitalization of 1.44 T, it has increased by 1.86% over the last week.
Yes, SBUX dividends are paid quarterly. The last dividend per share was 9.78 MXN. As of today, Dividend Yield (TTM)% is 2.94%. Tracking STARBUCKS CORP dividends might help you take more informed decisions.
STARBUCKS CORP dividend yield was 2.32% in 2023, and payout ratio reached 59.18%. The year before the numbers were 2.33% and 69.19% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, SBUX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade STARBUCKS CORP stock right from TradingView charts — choose your broker and connect to your account.
As of May 3, 2024, the company has 381.00 K employees. See our rating of the largest employees — is STARBUCKS CORP on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So STARBUCKS CORP technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating STARBUCKS CORP stock shows the strong sell signal. See more of STARBUCKS CORP technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on STARBUCKS CORP future price: according to them, SBUX price has a max estimate of 2038.25 MXN and a min estimate of 1358.83 MXN. Watch SBUX chart and read a more detailed STARBUCKS CORP stock forecast: see what analysts think of STARBUCKS CORP and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. STARBUCKS CORP EBITDA is 125.02 B MXN, and current EBITDA margin is 18.98%. See more stats in STARBUCKS CORP financial statements.