U.S. markets closed

Starbucks Corporation (SBUX)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
78.37-0.65 (-0.82%)
At close: 4:00PM EDT
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
Price Crosses Moving Average

Price Crosses Moving Average

Previous Close79.02
Open78.54
Bid78.40 x 2900
Ask78.55 x 3200
Day's Range78.04 - 78.93
52 Week Range50.02 - 98.14
Volume3,771,349
Avg. Volume9,391,767
Market Cap91.615B
Beta (5Y Monthly)0.79
PE Ratio (TTM)69.60
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.64 (2.08%)
Ex-Dividend DateAug 06, 2020
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Near Fair Value
-1% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Barrons.com

    One Huge Pension Sold Apple and AT&T Stock. It Bought Starbucks and One Chinese Tech.

    Royal Dutch Shell’s pension cut investments in Apple and AT&T stock in the second quarter, and bought Starbucks stock and Alibaba ADRs.

  • Sonic sales are going bonkers during COVID-19 — here's the major reason why
    Yahoo Finance

    Sonic sales are going bonkers during COVID-19 — here's the major reason why

    Inspire Brands CEO Paul Brown joins Yahoo Finance to discuss how his restaurants brands Sonic, Buffalo Wild Wings, Arby's, Jimmy John's and Rusty Taco are performing during the pandemic.

  • Tencent Plays Down WeChat Ban After Results Beat Estimates
    Bloomberg

    Tencent Plays Down WeChat Ban After Results Beat Estimates

    (Bloomberg) -- Tencent Holdings Ltd. tried to reassure investors that U.S. President Donald Trump’s ban on its WeChat messaging service may apply only to its overseas operations, suggesting the impact on the world’s largest gaming corporation should be modest.The Chinese company’s shares gained as much as 2% in Hong Kong. During a conference call after earnings, executives repeatedly emphasized the distinction between WeChat, which is used outside China, and Weixin, a similar service within the country. Trump’s executive order specifically mentioned banning the former because of alleged risks to American national security.“The executive order is focused on WeChat in the United States and not other businesses in the U.S.,” said Chief Financial Officer John Lo. “We are in the process of seeking further clarification from bipartisan parties in the U.S.”Trump ignited a furor after signing the order to ban U.S. entities from dealing with WeChat -- along with TikTok, ByteDance Ltd.’s viral video platform -- from September. Confusion reigned as investors grappled with the sweeping language of Trump’s order -- which bars “transactions” with the Chinese company -- that leaves the door open for the administration to extend it well beyond the service in America.Tencent’s Retro Roots Juice Its Pandemic Profits: Tim CulpanDespite stating at the outset it wouldn’t get into hypotheticals, Tencent fielded question after question revolving round the ban, which wiped $66 billion off the company’s market value after it was announced last week. Executives said several times they were still figuring out how the order would be applied.Their comments came after Tencent boosted revenue at the fastest pace in two years and reported profit that beat the highest analyst estimate. Sales rose 29% to 114.9 billion yuan ($16.5 billion) in the three months ended June, while net income increased to 33.1 billion yuan.The expectation has been that Trump’s order would result in WeChat getting pulled from Apple and Google’s app stores, where the vast majority of smartphone owners get their applications. That would mean suspending updates or even blacking out a service vital to communications on the factory floor, in households and the boardroom. Apple Inc. would be at particular risk if it couldn’t offer the software on iPhones in China.Read more: Apple’s $44 Billion China Market Threatened by Trump WeChat BanWhat Bloomberg Intelligence SaysHeightened usage of Tencent’s digital services driven by Covid-19 may boost the company’s earnings in the coming quarters. The online game business could continue to expand through the year with popular new titles in the pipeline and enhanced monetization features. Media advertising sales might remain subdued due to weak demand and delayed video content, but social-advertising growth could stay robust.\- Vey-Sern Ling and Tiffany Tam, analystsClick here for the research.Tencent executives also fielded questions about whether American companies would be able to keep doing business with the Chinese tech giant. U.S. companies like Starbucks Corp. and Walmart Inc. collaborate with Tencent in China and generate advertising and e-commerce revenue for the company. The U.S. represents less than 2% of Tencent’s global revenue, executives said.“When we saw the executive order a couple days ago, they specify quite clearly they cover the U.S. jurisdiction, and consequently, we don’t see any impact on companies’ advertising on our platform in China,” said James Mitchell, chief strategy officer.China’s biggest social media company has benefited from an internet resurgence during the coronavirus pandemic. It won approval from Beijing to earn money from Call of Duty Mobile, the smartphone version of a long-running franchise that will underpin its gaming business, and has charted a line-up of new titles for 2020 to shore up resilient franchises Peacekeeper Elite and Honor of Kings.New titles like Brawl Stars drove a 40% surge in online gaming revenue during the quarter -- its biggest increase since 2017. It’s also driving discussions to merge U.S.-listed Huya Inc. and DouYu International Holdings Ltd. to create a Twitch-like $10 billion local leader in games streaming. Tencent has already folded Huya’s results into its own, swelling both its top and bottom line.One risk to its outlook was the surprise delay of Mobile Dungeon&Fighter, though analysts expect eventual approval for a Nexon Co. title that’s supposed to be Tencent’s tent-pole for the second half.”Although the direct revenue impact is small, Mobile DnF’s delay and the WeChat ban in the U.S. cast a shadow over the near term outlook,” Bernstein analyst David Dai said.Read more: Trump’s WeChat Assault Endangers $280 Billion Tencent RallyRead more: Trump’s Assault on WeChat Endangers a $280 Billion Tencent RallyThe WeChat and Weixin services grew monthly active users 6.5% to more than 1.2 billion as of June’s end. Started in 2011 as a WhatsApp clone, the app has become deeply ingrained in Chinese life, indispensable to the hordes who use it to chat, shop, watch videos, play games, flirt, order food and taxis. It pioneered the all-in-one or super-app concept by embedding lite apps or mini programs -- a model emulated by Alibaba Group Holding Ltd. as well as Facebook Inc. Its success sprang in part from the fact that China banned global services such as WhatsApp, Twitter and Instagram, allowing WeChat and a host of other Chinese equivalents to flourish in an alternate internet realm.“Uncertainties still exist for Tencent and other Chinese internet companies with business in the U.S., and Chinese pure-plays will be perceived as safer by investors,” Dai wrote before earnings were released.Read more: Why Tencent and WeChat Are Such a Big Deal in China: QuickTake(Updates with share action from the second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.