Can Starbucks Soar 10x to Become a Trillion-Dollar Company by 2050?

Over more than five decades (NASDAQ: SBUX) has become a ubiquitous coffeehouse chain with one of the world's most recognizable consumer brands. And shareholders who've held on along the way have also been rewarded thanks to a steadily rising stock price.

As of this writing, this top restaurant enterprise carries a market cap of $100 billion. That's after shares have fallen 30% from their peak price, which was set in July 2021.

Starbucks' biggest bulls hope that another milestone can be achieved in the long term. Can this industry leader increase 10-fold to reach a trillion-dollar market cap by 2050?

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Source Fool.com