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Starbucks Stock Hits 52-Week High on Earnings Beat
SBUXStarbucks(SBUX) Schaeffers Investment Research·2025-01-29 16:03

Group 1 - Starbucks Corp's stock is up 5.3% to 105.70,reaching52weekhighs,despitea4105.70, reaching 52-week highs, despite a 4% drop in same-store sales for the fourth consecutive quarter [1][2] - The company's fiscal first-quarter earnings of 69 cents per share exceeded estimates of 66 cents, and revenue also came in better than expected [1] - Analysts have raised their price targets for Starbucks, with UBS increasing its target to 105 from $98 [1] Group 2 - Since the beginning of 2025, Starbucks stock has increased by 15.7% [2] - In the options market, there has been significant activity with 124,000 calls and 64,000 puts exchanged, which is nine times the average daily options volume [2] - The most popular options contract is the weekly 1/31 112-strike call, with new positions being opened [2]