Analysts tracking the "SBUX stock forecast" highlight improved operating margins amid cost-control measures, projecting FY2024 revenue to grow around 10%, driven by international expansion. Years of price increases have taken a toll on demand. Lackluster growth and margin compression are signals that something has to change. Overall, Tarantino expects SBUX's multiple to expand on signs of improvement in financial performance, driven by the company's turnaround efforts. The dividend yield linked to the "SBUX stock forecast" sits around 2.2%, which combined with potential capital appreciation, offers a balanced total return profile.
