Starbucks Investors Display Bullish Sentiment in Options Trading

Starbucks stock shows bullish sentiment as investors target $75 to $113. Options activity reveals a mix, with more calls than puts, indicating positive expectations for SBUX.

Date: 14-03-2025

AI Rating: 7

Options Trading Insights: Recent options activity highlights a bullish stance on Starbucks with 50% of trades reflecting bullish expectations. Traders have displayed a mix of strategies, with a notable number of call options (10) against put options (8), suggesting a higher confidence in potential price increases.

Trade Values: The total trade amounts for calls ($1,562,239) significantly surpass the puts ($656,859), further indicating a leaning towards optimism in Starbucks’s market performance.

Price Targets: The projected price targets range from $75.0 to $113.0 over the coming three months, providing critical insights for investors aiming to gauge future price movements.

Current Market Performance: As of now, Starbucks (SBUX) is trading at $96.98, with a trading volume of approximately 2,958,960 shares. The slight increase of 0.98% in the stock price reflects stable investor interest. However, the RSI suggests the stock may be oversold, which could mean potential buying opportunities for investors looking to capitalize on future gains.

Analyst Ratings: An analyst from Wells Fargo maintains an Overweight rating with a target price of $125, which surpasses current market levels. This bullish outlook from professionals adds another layer of confidence for potential investors in Starbucks.

Stocks: SBUX