Forecast Of The Day: Starbucks Average Revenue Per Company-Owned Store

December 30th, 2021 by Trefis Team
+3.25%
Upside
100
Market
103
Trefis
SBUX: Starbucks logo
SBUX
Starbucks

What?

Starbucks (NASDAQ:SBUX) Average Revenue per Company-Owned Store declined from around $1.38 million in 2019 to about $1.18 million in 2020. Trefis expects the metric to rebound to about $1.46 million in 2021 and rise further to about $1.5 million in 2022.

Why?

Relevant Articles
  1. Starbucks Stock up 13% Over Last Six Months. What’s Next?
  2. What to Watch For In Starbucks’ Stock Post Q1?
  3. Does Starbucks’ Stock Have More Room To Run?
  4. What’s Happening With Starbucks Stock?
  5. What To Expect From Starbucks Stock?
  6. Starbucks Stock Down 35% in 2022, Is There An Upside?

We expect growth to be driven by the launch of new products and more premium pricing.

So What?

We think SBUX stock is slightly undervalued at current levels. We value SBUX stock at about $136 per share, about 17% ahead of the current market price.

See Our Complete Analysis For Starbucks

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

 Returns Dec 2021
MTD [1]		 2021
YTD [1]		 2017-21
Total [2]
 SBUX Return 5% 9% 110%
 S&P 500 Return 3% 27% 114%
 Trefis MS Portfolio Return 2% 47% 296%

[1] Month-to-date and year-to-date as of 12/30/2021
[2] Cumulative total returns since 2017

Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates