Starbucks Corporation (SBUX)

73.46
0.07 0.10
NASDAQ
Prev Close 73.39
Open 73.73
Day Low/High 72.57 / 74.27
52 Wk Low/High 68.39 / 126.32
Volume 6.08M
Exchange NASDAQ
Shares Outstanding 1146.90B
Market Cap 82.50B
P/E Ratio 131.53
Div & Yield N.A. (N.A)

Latest News

Selected Premarket Movers

Upside - +22% (announces multiple launch agreement with SpaceX for its next 68 Sub-Meter high-resolution Earth Observation satellites; by 2025 will sample any point on earth up to 40x/day at sub-1 meter resolution) - +21% (earnings, guidance) - +19%...

Happy Fed Day, US Economy, Markets, Earnings, Trading Livent

Happy Fed Day, US Economy, Markets, Earnings, Trading Livent

These markets expect the Fed to take the FFR up 225 basis points by September and another 50 bps to make 275 in total by year's end.

I Remain Short Starbucks

Starbucks is set to report after the close, with a 5 pm conference call. Remember the company lowered its 2022 EPS outlook three months ago, from 10% to 8%-10% growth, with high single digit comps and revenue guidance of $32.75 billion. EPS consensu...

Won't Get Fooled Again, Bullish Reversal, Goldman Rocks, Trading Baxter

Won't Get Fooled Again, Bullish Reversal, Goldman Rocks, Trading Baxter

Markets will either confirm or deny Monday's bullish reversal this week. Traders are already up to their eyeballs in water snakes and alligators.

Starbucks Union Troubles

More adverse events at Starbucks .  I remain short.

Bearish Bets: 3 Big-Name Stocks You Should Think About Shorting This Week

Bearish Bets: 3 Big-Name Stocks You Should Think About Shorting This Week

These recently downgraded names are displaying both quantitative and technical deterioration.

The Market Is Flipping Elon Musk the Bird

The Market Is Flipping Elon Musk the Bird

Also, play the companies that benefit from inflation, not Cathie's clowns, which are hurt by it.

Upgrades/Downgrades

Upgrades Charles Schwab ( ) upgraded to Buy from Neutral at Compass Point; tgt $98 Ferrari ( ) upgraded to Outperform from Neutral at Exane BNP Paribas Finmeccanica SpA (FINMY) upgraded to Buy from Hold at Deutsche Bank First Financial ( ) upgraded ...

From The Street of Dreams

Citigroup downgrades Starbucks (lowers price target to $91).

The 2022 Bear Market Case

* In my investing career I have never seen a wider range of possible market and economic outcomes than exist today * Uncertainties and an abnormal, or what we are facetiously calling a "Kassian", distribution of potential outcomes likely lie ahead *...

When Europe Runs Tight on Energy, Several U.S. Companies Gasp

When Europe Runs Tight on Energy, Several U.S. Companies Gasp

How would Russia's invasion of Ukraine impact the bottom-lines of companies like Starbucks or Marriott? Let's see how Europe's energy woes can have major implications for U.S. businesses.

Investors Are Too Complacent About the Ukraine War

Investors Are Too Complacent About the Ukraine War

I am particularly worried about the impacts to the global food chain.

Return of Schultz Sweetens Starbucks but Investors Could Still Get Burnt

Return of Schultz Sweetens Starbucks but Investors Could Still Get Burnt

Howard Schultz is a great CEO, but the coffee company's challenges are a tall order. Investors need to know he can handle them.

Movers Before the Market Opened

Premarket movers: Upside - +157% (reports two of its newly designed mRNA molecules can effectively destroy cancer cells grown in culture) - +13% (The Phoenix Holdings Ltd. discloses 11.60% stake; appoints Josh Tech as Chief Operations Officer, effec...

Kass: There's Downside Risk to Economic Growth and Upside Risk to Inflation

Kass: There's Downside Risk to Economic Growth and Upside Risk to Inflation

I'm of the view that we are in a Bear Market rally.

There's Downside Risk to Economic Growth and Upside Risk to Inflation

* Oh, Danny, this isn't the fall of 2007, is this the fall of 2007? * My laundry list of concerns...  "Oh, Danny, this isn't Russia, is this Russia?" - Ty Webb, Caddy Shack   As the market continues its two week rip higher the fundamental backdrop i...

Minding Mr. Market (Part Deux)

It is also interesting to note that on Thursday my portfolio of shorts (Sleep Number , Digital World Acquisition , Starbucks , C3Ai , Lightspeed , Carvana , Robinhood , Roblox , F45 Training , Carnival , Royal Caribbean , Ginkgo Bioworks , Roku and ...

Price Elasticity of Demand

* Lower demand from higher prices seems inevitable and may be an important theme in the second half of this year Price elasticity measures the responsiveness of the quantity demanded or supplied of a good to a change in its price. It is computed as ...

Starbucks Needs More Than Howard Schultz as a Backup CEO

Starbucks Needs More Than Howard Schultz as a Backup CEO

Is this a bounce in a downtrend or the start of a recovery?

Tweet of the Day (Part Deux)

In a series of multiple trades I covered most of my Starbucks short in the last week:   Mar 14, 2022 ' 03:12 PM EDT DOUG KASS FXLV, SBUX Covering some more ( ) and (SBUX) .   But one has to ask why is Starbucks' bench so shallow as to have to bring ...

FXLV, SBUX

Covering some more and .

JD.com, Alibaba Lead Hong Kong Losses After SEC's Tough Action

JD.com, Alibaba Lead Hong Kong Losses After SEC's Tough Action

Chinese stocks slide as the securities watchdog publishes a list of five U.S.-listed Chinese companies that are noncompliant with their accounting.

Banning Russia Oil, Wild Markets, Ukraine War, Energy and Defense Stock Moves

Banning Russia Oil, Wild Markets, Ukraine War, Energy and Defense Stock Moves

On Tuesday, a bevy of U.S. multinational corporations finally got around to heading for the exits from doing business in Russia.

Some Partial Short Covers

Here are some of my (partial) short covers this morning:  * $3.42 * $21.30 * $103.60 * $6.04 * $86.76 * $64.45 * $42.25 * $116.01

My Positions

In the interest in transparency, here is a list of positions I have mentioned in my Diary that I am either long or short. Note: This is not a full list of my portfolio's holdings: Longs: , , , , , , , , , , , , , , , .  Shorts: calls, calls and puts...

My Shorts

Here are my previously mentioned shorts: calls and puts, calls, calls, calls, calls, calls, calls, calls, calls, , , , , , , , , , , , , , , and .

Coffee Cover

I am covering some more at $89.82 now.  

I Bought and Covered At The Sound of Cannons Thursday Afternoon

* It is time for action, not inaction * Volatility brings opportunity   I was very active Thursday afternoon:   Short Covers - Robinhood , Royal Caribbean , Carnival , Morgan Stanley , C3.ai , Bank of America (partial), Wells Fargo (partial), Delta ...