Starbucks (SBUX) is Gaining Momentum

March 19, 2021

Starbucks (SBUX) is Gaining Momentum

At a glance, Starbucks’ (SBUX) Purchase Intent Mentions aren’t showing any signs of recovering from their current downtrend, sitting at -31% YoY on the 30-day moving average.
However, Mobile Demand Mentions are surging towards new highs: +18% YoY on the 30-day moving average.
SBUX Mobile Demand includes mentions of purchases made using the Starbucks app and at the drive-thru. The relative strength in this area highlights the company's success in adapting to the current market environment.
Starbucks got an upgrade from an analyst at Barons today, with efficient drive-throughs and menu innovations cited as areas of strength.
It's still questionable whether the stock deserves new highs, but a strong re-opening surge could certainly justify the current price.

Want deeper insights? Get Free Access to The Vault.

Related Posts

5 Reasons Dunkin' Donuts is Superior to Starbucks

Dunkin' Donuts is superior to Starbucks.  There is really no […]

Read More
Starbucks announces plans for massive expansion

Starbucks (SBUX) Starbucks shares surged to an all-time high yesterday […]

Read More
We're not betting against SBUX

Starbucks (SBUX) According to consumer demand, "starbs" is losing its […]

Read More
1 2 3 5

Related Posts

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.
© 2024
 LikeFolio. All Rights Reserved.