NEW YORK, Dec. 27, 2025, 4:06 p.m. ET — Market closed
Starbucks Corporation stock (NASDAQ: SBUX) is heading into the final trading days of 2025 with U.S. markets closed for the weekend and investors sizing up a familiar mix of catalysts: a CEO-led turnaround, labor headlines, and a closely watched earnings runway into late January.
Shares last finished at $85.08 on Friday, up about 0.6% on the session, with extended-hours pricing showing little change after the bell. StockAnalysis
A quiet year-end tape, but macro matters for consumer-facing names like Starbucks
Starbucks enters Monday’s session setup alongside a market that’s been hovering near record territory but is also vulnerable to thin holiday liquidity and year-end positioning. On Friday, U.S. stocks were essentially flat in light, post-holiday trade, with Reuters noting the “Santa Claus rally” window had just begun and may influence sentiment into early January. Reuters
Ryan Detrick, chief market strategist at Carson Group, told Reuters the market was “catching our breath” after a strong run and pointed to the seasonally positive bias that often defines the Santa rally period. Reuters
A key detail for Starbucks shareholders: Reuters also flagged that consumer discretionary was the biggest laggard among S&P 500 sectors on Friday—an important backdrop for discretionary spend stories that depend on traffic and ticket resilience. Reuters
Looking into next week, Reuters highlighted major themes that can spill into single names, including Fed communications and rotation. Paul Nolte, senior wealth adviser and market strategist at Murphy & Sylvest Wealth Management, told Reuters that momentum remained supportive, while Glenmede’s Michael Reynolds noted investors remain intensely focused on the path of rate cuts—something that can directly impact discretionary valuations and consumer sentiment. Reuters
Where Starbucks stock stands heading into Monday
From a tape-and-levels perspective, Starbucks is trying to stabilize after a choppy late-December stretch. Friday’s session printed a day range of roughly $84.42–$85.16, a window that short-term traders may treat as a near-term reference zone going into Monday’s open. StockAnalysis
On longer timeframes, Starbucks’ 52-week range sits around $75.50 to $117.46, underscoring how far the stock remains from earlier highs and why the market continues to demand proof that the turnaround can compound. StockAnalysis
Valuation remains a central part of the debate. Data compiled by StockAnalysis shows Starbucks with a trailing P/E around 52x and a forward P/E around 36x, which implies the market is still paying for a rebound that has to show up in earnings power and margin durability. StockAnalysis
Fresh headlines in the last 24–48 hours: AI in stores, operational resets, and labor pressure
Several late-week developments are shaping the weekend narrative around Starbucks stock:
1) CEO Brian Niccol emphasizes AI as support, not substitution — and points to ~$600 million in store labor investment
In a Fox Business report published Friday, CEO Brian Niccol described AI as a “co-pilot” rather than a worker replacement and said Starbucks has invested upward of $600 million toward putting more employees (“partners”) back into stores to reinforce “human connection.” The same report also referenced Starbucks’ “Green Dot Assist,” positioned as a workflow helper for baristas. Fox Business
For investors, this matters because it frames Starbucks’ near-term strategy as service-speed + staffing + tech enablement, not simply cost cutting—an approach that can support traffic but also keeps a spotlight on labor cost leverage and productivity gains.
2) A new Business Insider rundown details how “Back to Starbucks” is reshaping the business
Business Insider published a broad recap Friday of changes under Niccol’s “Back to Starbucks” campaign, including actions that touch both customer experience and corporate structure. The piece references menu simplification goals, mobile ordering changes, and store upgrades, and also notes significant operational moves such as corporate layoffs and hundreds of store closures tied to a restructuring push. Business Insider
Whether investors view these changes as a necessary reset or a sign the brand is still searching for a durable playbook, the takeaway is that Starbucks is in a high-activity transformation phase—and the market’s patience will increasingly hinge on measurable outcomes (traffic, throughput, retention, and margins).
3) Labor headlines persist into the holiday week
A local report from amNewYork published Friday described striking baristas rallying around contract demands during the Christmas period, including calls for customers to avoid buying Starbucks while labor action continues. amNewYork
For broader context on scale and company response, Reuters has reported in recent weeks on Starbucks Workers United expanding strike activity and on Starbucks’ position that disruption has been limited. In a Dec. 11 Reuters report, the union cited thousands of baristas participating across many cities, while Starbucks communications director Jaci Anderson said fewer than 1% of U.S. stores had been affected “at any point.” Reuters
Labor developments remain an overhang because they can influence:
- holiday-period store operations in specific markets,
- brand perception,
- and investor confidence in operational consistency during the turnaround.
4) Filings-focused market coverage highlights institutional repositioning — and revisits insider activity
A MarketBeat alert published Friday noted that Covea Finance trimmed its Starbucks stake during the third quarter, based on its 13F filing. MarketBeat’s writeup also summarized analyst-rating aggregates and dividend information. MarketBeat
MarketBeat additionally referenced insider activity by Starbucks director Jørgen Vig Knudstorp, who disclosed an open-market purchase earlier this quarter. The underlying SEC filing shows Knudstorp bought 11,700 shares at a weighted average price of $85 (transaction dated Nov. 10, filed Nov. 13). SEC
While insider buying isn’t a guarantee of future returns, investors often watch it as a sentiment signal—especially when a stock is navigating a multi-quarter reset.
Earnings outlook: what forecasts are implying for late January
With the market closed this weekend, attention naturally shifts to the next major scheduled catalyst: earnings.
An earnings preview carried by Inkl (syndicated market analysis) points to Wall Street expectations that Starbucks will report roughly $0.59 in profit per share for the upcoming quarter, with revenue estimates around $9.40 billion (figures cited as analyst consensus). inkl
For the full fiscal year, the same preview cites analyst expectations of about $2.35 in EPS, with an outlook that climbs further into FY2027 in some models—again reflecting a market narrative that assumes Starbucks can execute operational fixes and regain momentum. inkl
As for timing, aggregated market calendars list Starbucks’ next earnings report as estimated around Jan. 27, 2026. StockAnalysis
Analyst targets and what they suggest about sentiment
Consensus target prices vary by data provider, but broadly point to the idea that analysts see upside if the turnaround delivers.
- StockAnalysis lists an analyst price target around $97.87 (roughly mid-teens upside from $85). StockAnalysis
- MarketBeat’s analyst aggregation has cited an average price target around $101.44 in recent updates, with a “Moderate Buy” type consensus. MarketBeat
The spread between current price and targets is meaningful—but the market typically requires execution proof (traffic, margins, and guidance) to “earn” that upside, especially with discretionary spending and wage pressure still key variables.
Dividend watch: dates income-focused investors should have on their calendar
Starbucks has also remained active on shareholder returns. The company announced a quarterly cash dividend of $0.62 per share, payable Feb. 27, 2026, to shareholders of record Feb. 13, 2026. Starbucks Investor Relations
Multiple dividend trackers list Feb. 13, 2026 as the ex-dividend date as well. StockAnalysis
Bigger strategic backdrop: China joint venture still in focus heading into 2026
Even though it’s not a “last 48 hours” headline, investors continue to weigh Starbucks’ China strategy because it can reshape growth and margin trajectories.
Reuters reported that Starbucks agreed to sell control of its China business to Boyu Capital, with Boyu holding up to 60% of a new joint venture and Starbucks retaining 40%, based on an enterprise value of around $4 billion for the business being contributed. Reuters
Starbucks’ own announcement described the structure similarly, emphasizing continued ownership and licensing of the Starbucks brand and IP while partnering for a “next chapter of growth” in China. About Starbucks
The strategic bet: local operational expertise plus a structure that can accelerate expansion while Starbucks continues to monetize brand economics through licensing and its retained stake.
What investors should know before the next session opens Monday
Because markets are closed right now, the most actionable “weekend work” for Starbucks investors is preparing for how the stock could react when liquidity returns.
Here are the practical checkpoints heading into Monday, Dec. 29:
- Watch the macro calendar and rate narrative
- Reuters has highlighted that Fed minutes and the rate path remain central to investor thinking; thin year-end liquidity can amplify swings. Reuters
- Track holiday-to-New-Year positioning
- Friday’s market action was notably light; Reuters described a low-catalyst environment where moves can be exaggerated by reduced volume. Reuters
- Monitor labor developments for operational spillover
- The most market-relevant labor question is whether localized actions affect store operations in meaningful volume-driving geographies and whether negotiations show progress. Reuters
- Keep earnings expectations (and the bar) in mind
- With late-January earnings on deck, any incremental datapoints—staffing, throughput, pricing posture, promotions—will be interpreted through the lens of whether Starbucks can hit the consensus path. inkl
- Know the key price levels the market just traded
- Friday’s range around the mid-$84s to mid-$85s provides an immediate reference for Monday’s open; breakouts or breakdowns around those points can influence short-term flows. StockAnalysis
The weekend bottom line for Starbucks stock
Starbucks is closing out 2025 in a market that’s still broadly constructive on equities but increasingly selective about which consumer brands can deliver durable growth. Over the last 48 hours, headlines reinforced the current investment debate: Niccol is pushing tech-and-service improvements without framing AI as a labor replacement, while labor tensions and restructuring choices remain part of the risk picture. Fox Business
When trading resumes Monday, SBUX investors are likely to focus less on weekend noise and more on what ultimately moves the stock: evidence that Starbucks can convert operational changes into consistent traffic, better throughput, and an earnings trajectory that supports premium valuation. StockAnalysis
