SBUX 全部观点

SBUX 这一页 4 条观点条目,其中 0 条方向发生变化。

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Parkev Tatevosian, CFA发布 2026-09-27
《Interesting News for Starbucks Stock Investors | SBUX Stock Analysis | BROS Stock》
$SBUX未站边
SBUX 评级为中性;尽管对 CEO 的战略持正面看法,但估值过高(远期市盈率 30,股价 93,而 DCF 合理价值为 66)。

对于星巴克股票的投资者来说,有一条值得关注的消息:公司已宣布将再关闭250家门店。当然,如果你一直关注我对星巴克的报道,我一直在强调这是一个很可能出现的情形。

We have interesting news for Starbucks stock investors, as the company has announced the closure of an additional 250 stores. And of course, if you've been following my coverage of Starbucks, I've been emphasizing that this is a likely scenario .

我认为星巴克受困于我以及许多经济学家所称的“规模不经济”,即其规模导致了效率低下。这种情况发生在一家企业或其某个业务板块扩张得过大,以至于难以有效管理,成本开始以快于销售增长的速度上升。

I feel that Starbucks suffers from what I, and many economists, call "economies of scale," where its size leads to inefficiency. This happens when a business, or one of its sectors, grows so large that it becomes difficult to manage effectively, and costs begin to rise at a faster rate than sales growth.

更早的记录
《Starbucks SBUX Stock Analysis + Intrinsic Value》
$SBUX看跌
SBUX 的预期回报偏低(5-6%)且风险偏高,在当前价格下并不具吸引力。

我们已经好几年没有讨论过星巴克的股票了,而在过去几年里,这只股票并没有发生什么大的变化。现在我们必须看看星巴克是否会回到它曾经的样子,一台累积增长的机器。

We haven't discussed Starbucks stock for a few years, and over the past few years , not much has happened to the stock. Now we have to see if Starbucks will return to what it once was, a machine of cumulative growth.

因为当你回顾过去五年时,你会发现20%的下跌,以及在涨跌之间不断的波动。不过,市值为1080亿,市盈率为54,股息率为2.61%。

Because when you look at the past five years, you will find a 20% decline, and constant fluctuations between ups and downs. However, the market capitalization is 108 billion, the price-to- earnings ratio is 54, and the dividend yield is 2.61%.

《Starbucks Stock Analysis - SBUX Deep Dive》
$SBUX看跌
SBUX 目前估值偏高,在当前价位不宜买入。

在本视频中,我们将讨论星巴克,其股票代码为 SBUX。我们将回顾星巴克业务的基本情况、它如何产生利润,看一些数据,然后尝试确定星巴克股票的合理价值,以判断今天投资它是否值得。

In this video, we will be discussing Starbucks, whose stock market symbol is SBUX. We will review the basics of Starbucks' business, how it generates profits, look at some numbers, and then try to determine the fair value of a Starbucks stock to see if investing in it is worthwhile today.

Parkev Tatevosian, CFA发布 2026-09-01
《Starbucks Stock Investors Have Reason to Cheer | SBUX Stock Analysis》
$SBUX未站边
在新CEO领导下,SBUX基本面正在改善,但估值过高(前瞻市盈率34.6,公允价值68美元),评级为持有/等待更低价格。

首席执行官 Brian Niccol 再次施展了他的魔法。在被从 Chipotle 挖走后,Brian Niccol 在星巴克取得了显著成功,在最近一个完成的季度中,将可比门店销售额增长加速至 7.9%。

CEO Brian Niccol is working his magic again. After being poached away from Chipotle, Brian Niccol is achieving significant success at Starbucks, accelerating comparable store sales growth to 7.9% in the most recently completed quarter.

在星巴克,他已经推动了显著的改善。股价大幅上涨,销售额在增长,90 天活跃奖励会员增加到 3600 万,而且我喜欢在运营问题得到纠正之前放慢新店开发的策略,对吧?

At Starbucks, he's already facilitating significant improvement. The stock price is up meaningfully, sales are increasing, 90-day active rewards members are increasing to 36 million, and I like the strategy of slowing down new store development until you get the operations corrected, right?

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