Stock Price Prediction

Based on the provided data and current market context, here's the analysis for SBUX's price prediction for next week:

Technical Analysis

The stock shows a bearish trend in recent trading sessions, with price declining from $114.68 to $111.75. Key technical indicators suggest continued downward pressure:

• RSI reading indicates overbought conditions at 71.2
• Price is trading 7.5% above analysts' average target price
• Volume has been increasing on down days, suggesting selling pressure

Fundamental Factors

• Rising coffee bean prices hitting all-time highs above $4/pound, putting pressure on margins
• Q1 2025 showed concerning metrics:
  • Global comparable store sales declined 4%
  • Store traffic down 6%
  • Operating margins compressed 390 basis points to 11.9%

Price Target Analysis Based on technical and fundamental factors, here are the projected price levels for next week:

• Resistance: $114.70
• Support: $109.50
• Target Price Range: $108-$112

Trading Recommendation: SELL

• Entry Point: Current price ($111.75)
• Stop Loss: $114.70
• Target: $108.00
• Risk/Reward Ratio: 1:1.25

Rationale:

1. Overbought technical conditions
2. Fundamental headwinds from record coffee prices
3. Declining store traffic and margins
4. Trading above analyst consensus target of $105.56

The stock is likely to test support levels around $109.50 next week as profit-taking continues and cost pressures remain elevated.