Starbucks Stock Drops 19.53% in Three Days, Trading Volume Ranks 59th

On April 7, 2025, Starbucks (SBUX) experienced a decline of 2.56%, marking its third consecutive day of losses, with a total decrease of 19.53% over the past three days. The trading volume for the day was 20.67 billion, placing it 59th in the daily market rankings.

Starbucks recently declared a quarterly cash dividend, which has contributed to its dividend yield surpassing the 3% mark. This dividend, annualized at $2.44, has been a significant factor in maintaining investor interest despite recent stock performance.

In addition to the dividend announcement, Starbucks has scheduled a webcast for its 2025 Annual Meeting of Shareholders. This event is expected to provide further insights into the company's strategic direction and financial health, which could influence investor sentiment and stock performance.

Analysts at Baird recently revised their stance on Starbucks, downgrading the stock rating from "Outperform" to "Neutral." This change in rating reflects concerns about the company's recent performance and potential challenges ahead. The downgrade has led to a price target reduction to $85, which has contributed to the stock's recent decline.

Despite the downgrade, Starbucks maintains an average rating of "Overweight" among analysts, with a mean price target of $106.25. This suggests that while there are short-term concerns, the long-term outlook for the company remains positive. Investors will be closely watching upcoming earnings reports and strategic announcements to gauge the company's trajectory.