Is Wall Street Bullish or Bearish on Starbucks Stock?

Seattle-based Starbucks Corporation (SBUX) operates as a roaster, marketer, and retailer of coffee worldwide. Its stores offer coffee, tea, and various food products. With a market cap of $110.3 billion, Starbucks operates through North America, International, and Channel Development segments.

Starbucks has trailed the broader market by a wide margin over the past year. SBUX stock is up 1.8% in 2024, lagging behind the S&P 500 Index’s ($SPX) 19.6% returns on a YTD basis. SBUX has gained 4.9% over the past 52 weeks, compared to SPX’s surge of 36.9% during the same time frame.