Starbucks Trading Volume Drops 27.94% Ranking 94th in Market Activity

On March 24, 2025, Starbucks (SBUX) experienced a significant decline, with its trading volume dropping by 27.94% to 7.95 billion, ranking 94th in the day's market activity. The stock price fell by 1.39%, marking the second consecutive day of decline, with a total decrease of 3.59% over the past two days.

Starbucks' efforts to turn around its business have proven costly, with a sensitivity analysis indicating that a 25% increase in coffee bean prices could result in a 7% to 8% headwind to earnings per share (EPS) in fiscal 2025 to 2026. This financial pressure comes as the company continues to navigate market challenges and strategic adjustments.

Starbucks recently held its 2025 Annual Meeting of Shareholders, where all nine director nominees were elected, and Deloitte & Touche LLP was ratified as the company's auditor. The meeting also provided an update on the company's progress in its "Back to Starbucks" plan, which aims to refocus on core strategies and improve operational efficiency.

Sei Investments Co. significantly increased its stake in Starbucks by 476.2% in the second quarter, according to its latest filing with the SEC. This move reflects growing investor confidence in the company's long-term prospects despite recent market volatility.

Jefferies has maintained its "underperform" rating on Starbucks stock, setting a price target of $76. The firm cited a guarded tone and earnings uncertainty as reasons for its cautious outlook, highlighting the challenges Starbucks faces in achieving its financial goals.