Why Starbucks Stock Slipped on Wednesday
Wednesday morning, (NASDAQ: SBUX) posted a quarterly earnings report that beat analyst revenue expectations. That wasn't enough to lift its shares into positive territory, though they only dipped by 0.6% in price on the day.
Before market open, Starbucks served up its first quarter of fiscal 2026 results. For the period, its net revenue rose 6% year over year to $9.9 billion. That was on the back of 4% growth in global comparable store sales.
Image source: Starbucks.
Source Fool.com
Starbucks Corp. Stock
€82.38
-0.700%
With 39 Buy predictions and 2 Sell predictions Starbucks Corp. is one of the favorites of our community.
With a target price of 87 € there is a slightly positive potential of 5.61% for Starbucks Corp. compared to the current price of 82.38 €.
