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Price of Starbucks Stock Today: $13,880 Per Share

Are you wondering what the price of Starbucks stock is today?

As of the market close on January 27, 2023, Starbucks stock (SBUX) closed at $13,880 per share. This represents a decrease of 0.5% from the previous day's close of $13,900.

Key Drivers of Starbucks Stock Price

Several key factors are driving the price of Starbucks stock:

price of starbucks stock today

  • Strong financial performance: Starbucks has consistently reported strong financial results, with revenue and earnings growing in recent quarters.
  • Global expansion: Starbucks is continuing to expand its global footprint, with plans to open new stores in key markets such as China and India.
  • Digital innovation: Starbucks is investing heavily in digital innovation, including its mobile app and loyalty program, which are driving customer engagement and sales.

Factors to Consider When Investing in Starbucks Stock

Before investing in Starbucks stock, it is essential to consider the following factors:

  • Competition: Starbucks faces intense competition from other coffee chains, such as Dunkin' Donuts and McDonald's.
  • Economic conditions: Slowing economic growth could impact Starbucks' sales, as discretionary spending may decrease.
  • Consumer trends: Changing consumer preferences, such as the shift towards healthier options, could affect Starbucks' product offerings.

Pros and Cons of Investing in Starbucks Stock

Pros:

Price of Starbucks Stock Today: $13,880 Per Share

  • Strong brand recognition and customer loyalty
  • Consistent financial performance
  • Growth potential in emerging markets
  • Commitment to innovation

Cons:

Key Drivers of Starbucks Stock Price

  • Intense competition
  • Vulnerability to economic downturns
  • Limited diversification in product offerings
  • Questions about sustainability practices

Additional Information

  • Starbucks has a market capitalization of approximately $138.8 billion.
  • The company operates over 33,000 stores in more than 80 countries.
  • Starbucks' revenue for the 2023 fiscal year is expected to be between $33.8 billion and $34.3 billion.

Conclusion

Whether or not Starbucks stock is a good investment depends on your individual financial goals and risk tolerance. If you are looking for a stable stock with growth potential, Starbucks could be a good option. However, it is important to consider the risks involved before making any investment decisions.

Tables

Table 1: Starbucks Stock Price History

Date Open High Low Close
January 26, 2023 $14,000 $14,100 $13,850 $13,900
January 27, 2023 $13,900 $13,950 $13,820 $13,880

Table 2: Starbucks Financial Performance

Metric 2022 2023 (Estimated)
Revenue $32.3 billion $33.8-$34.3 billion
Net income $5.1 billion $5.4-$5.7 billion
Earnings per share $4.20 $4.40-$4.60

Table 3: Starbucks Global Expansion

Region Number of Stores
North America 18,354
Asia Pacific 15,454
Europe, Middle East, and Africa 4,332
Latin America 1,034

Table 4: Starbucks Digital Innovation

Platform Features
Mobile App Order ahead, pay in-store, earn rewards
Starbucks Rewards Earn stars for purchases, redeem for free drinks and food
Delivery Get Starbucks delivered to your doorstep
Time:2024-12-31 03:57:48 UTC

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