May. 2 at 1:13 AM
$SBUX just broke a 2-year losing streak. Revenue +9%. Comps +6%. Traffic best in 3 years. Brian Niccol's playbook is working. Stock up 9.4% post-earnings. Weekly pennant at
$105 pointing to
$114+.
🐂
$103 holds =
$109 →
$114,
$120 Deutsche Bank PT
🐻
$92 loses =
$85 →
$81
⚠️ FY2026 revenue guided flat — the big print was Q2, H2 needs to deliver
🟢 Mobile order pickup launching May — operational efficiency catalyst incoming
🟢 "Back to Starbucks" driving broad-based growth across ALL income cohorts
🟢 Scheduled order feature + AI platform = digital moat getting stronger
🚩 Tariffs + coffee cost pressure still near-term margin headwind
🚩 Legal accruals larger than expected — one-time but worth watching#SBUX #Starbucks #Turnaround #ConsumerStocks #hovdid