Seeking Alpha
All posts from Seeking Alpha
Seeking Alpha in Seeking Alpha - Read, Decide, Invest.,

Starbucks Could Reach $100 In 2015

Starbucks' (NASDAQ:SBUX) recent investor day highlighted a bright outlook for the company as management articulated attractive 5-year targets, which look achievable. FY'15 has started well with Q1-15 earnings approximately 14% ahead y/y driven by robust and consistent same-store sales growth, net new store rollout across the globe, and technological advances. My conservative DCF model illustrates a fair value midpoint of $100 per share, representing roughly 15% upside from current…