NASDAQ:SBUX 24 September 2025 - 22 December 2025

Starbucks shares traded at $82.70 on December 9, down about 17% from a year ago, as the company faces an ongoing union strike, a major NYC labor settlement, and a billion-dollar restructuring. Q4 revenue rose 5.5% to $9.57 billion, but full-year net income fell 51% to $1.86 billion. The company closed 627 stores in Q4. Wall Street still projects double-digit upside for the stock in 2026.

Starbucks closed at $85.12 on December 5, 2025, down 15% over the past year, with a trailing P/E of about 52x and forward P/E near 36x. The company faces a historic U.S. barista strike at 120 stores, a $38.9 million New York City settlement, and thin margins despite Q4 revenue growth. Wall Street targets average $97–$101, but some models warn of overvaluation. Amundi raised its stake by 12% to over 4 million shares.

Starbucks reported a 1% rise in global same-store sales for Q4, its first increase in seven quarters, driven by international growth. Net revenue reached $9.6 billion, beating expectations, but profits fell sharply after a $1 billion restructuring charge and 627 store closures. Adjusted EPS came in at $0.52, missing forecasts. Shares rose about 2% after hours; the company suspended guidance pending a January update.

Starbucks stock closed at $85.36 on Oct. 17, up nearly 9% for the week but still down about 10% year-over-year. CEO Brian Niccol is leading a $1 billion turnaround, closing several hundred North American stores and cutting 900 corporate jobs. Q3 FY2025 profit fell 47% year-over-year, missing estimates. Labor tensions are rising as unionized baristas protest closures, while Starbucks explores a partial sale of its China business.