What Analysts Think of Starbucks Stock Ahead of Earnings | Global News Avenue

Starbucks(gender) is expected to report fiscal first-quarter results after the close on Tuesday, with analysts expecting revenue and earnings to decline year over year.

Of the 16 analysts tracked by Visible Alpha, 10 rate the stock a “buy” or equivalent, with four giving the stock a “hold” rating and two choosing a “sell.” Their consensus price target is near $106, which implies about 7% upside from Friday’s closing price of nearly $99.

The coffee giant expects fiscal first-quarter net sales of $9.33 billion, down 1% year over year, and earnings of $776.77 million, or 68 cents a share, down from $1.02 billion, or 90 cents a share, in a year. forward.

Analysts expect U.S. same-store sales to decline

Same store sales According to Street estimates, it is expected to decline by 4.8% year-on-year.

Citing traffic data from Placer.ai, analysts at Jefferies expect Starbucks’ U.S. same-store sales to fall 6%. The company said Starbucks is grappling with “lingering challenges in product innovation,” while analysts have raised questions about new products. CEO Brian Niccol decided to “eliminate discounts/promotions” in favor of extensive brand-focused advertising across the country.

Following Starbucks, analysts will focus on possible forecast updates for 2025 no release Full-year outlook for last quarter. The company said last fall it hoped to “complete a review of the business” under Nicholl’s leadership. take power September.

Starbucks shares rose about 7% Past 12 months.