Starbucks Option Alert: Jun 18 $95 Calls at the Bid: 1000 vs 1103 OI; Earnings 7/29 After Close 

Starbucks Option Alert: Jun 18 $95 Calls at the Bid: 1000 @ $11.0 vs 1103 OI; Earnings 7/29 After Close Ref=$94.38

Starbucks Option Alert: Jan 16 $95 Calls at the Bid: 1500 vs 11368 OI; Earnings 7/29 After Close 

Starbucks Option Alert: Jan 16 $95 Calls at the Bid: 1500 @ $7.75 vs 11368 OI; Earnings 7/29 After Close Ref=$93.7

Starbucks Option Alert: Jan 16 $105 Calls at the Ask: 2000 vs 4116 OI; Earnings 7/29 After Close 

Starbucks Option Alert: Jan 16 $105 Calls at the Ask: 2000 @ $5.0 vs 4116 OI; Earnings 7/29 After Close Ref=$95.92

Starbucks Option Alert: Jan 16 $105 Calls at the Ask: 3000 vs 4116 OI; Earnings 7/29 After Close 

Starbucks Option Alert: Jan 16 $105 Calls at the Ask: 3000 @ $5.0 vs 4116 OI; Earnings 7/29 After Close Ref=$95.9

Starbucks Option Alert: Jun 18 $85 Puts at the Bid: 1200 vs 4861 OI

Starbucks Option Alert: Jun 18 $85 Puts at the Bid: 1200 @ $6.57 vs 4861 OI; Ref=$93.32

Starbucks (NASDAQ:SBUX) Stock

STARBUCKS CORP

Starbucks

Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 40,000 stores across more than 80 countries at the end of March 2025. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products.

Starbucks Corp

In December 2023, McDonald's Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) launched CosMc's, an alien-themed spinoff focused on coffee and snack pick-me-ups, featuring quirky drinks like the &#8220;French Toast Galaxy Latte&#8221; and &#8220;Pistachio Swirl Shaken Espresso.&#8221; The chain opened eight locations across Illinois and Texas, initially drawing long lines, before interest waned. By May 2024, McDonald's <a href="https://www.benzinga.com/topic/fast-food">shut down the concept</a>.
Once again, the fast-food giant is preparing to roll out a colorful new lineup of iced drinks, including Creamy Vanilla Cold Brews, Popping Tropic Refreshers, and sodas mixed with flavored syrups and dried fruit, known as "dirty sodas."
McDonald&#8217;s will begin testing these drinks at several U.S. locations in September. The company will reportedly introduce around 10 drinks in approximately 500 McDonald's restaurants, primarily located in Wisconsin and Colorado.
Also Read: <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/45888833/mcdonalds-just-got-hammered-by-weight-loss-drugs-twice" target="_blank" rel="noreferrer noopener">McDonald&#8217;s Just Got Hammered By Weight-Loss Drugs — Twice</a>
The move is part of a wider trend among fast-food chains like Yum Brands Inc&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) Taco Bell and Wendy's, which are boosting sales by offering more premium beverage options.
Charlie Newberger, who oversees McDonald's beverage and dessert offerings, told the Wall Street Journal that Gen Z is driving interest in fun and flavorful drinks. McDonald's wants to understand which drinks customers prefer and how they fit into its kitchen setup.
As inflation slows restaurant visits, drinks have become a strong growth area.
The company also plans to try out new drink flavors in other countries. According to Newberger, Europeans usually prefer lemon, orange, and mint flavors, while Americans tend to favor berry and citrus flavors.
Citing Technomic data, the WSJ <a target="_blank" href="https://www.wsj.com/business/mcdonalds-to-test-dirty-sodas-and-flavored-cold-brews-to-cash-in-on-drinks-craze-6c3e0716" rel="noreferrer noopener">reported</a> sales at chains focused on beverages and snacks rose 9.6% in 2024 — the fastest growth among all restaurant types. While burgers still made more money overall, their growth was much smaller, at 1.4%.
"The purpose of CosMc's was for us to push the fringes," Newberger told WSJ.&nbsp;
CosMc's customers didn't customize their drinks as much as expected, Newberger said. This makes it easier for McDonald's to test a simpler selection of toppings and syrups for future drinks.
Fast-food chains are now competing with coffee brands like Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), Dunkin', and Dutch Bros Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>).
McDonald's believes the drink market in the U.S., Canada, Australia, and parts of Europe could be worth $100 billion.
The company leaders say beverages are a hit with younger people and usually bring in higher restaurant profits.
The company reported a first-quarter revenue decline of 3.4% year-on-year to $5.96 billion, missing the analyst consensus estimate of $6.09 billion. Adjusted EPS of $2.67 beat the <a target="_blank" href="https://www.benzinga.com/25/05/45135213/mcdonalds-q1-revenue-decline-34-as-war-in-the-middle-east-bites-stock-dips" rel="noreferrer noopener">consensus estimate of $2.66</a>.
Price Action: MCD stock is down 0.41% at $296.89&nbsp;at the last check on Thursday.
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Image: Shutterstock

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McDonald's Targets $100 Billion Beverage Market With Colorful Lineup

Personal finance expert Dave Ramsey says he&#8217;s generous with tipping, but there&#8217;s one thing he won&#8217;t do: tip when an iPad screen is flipped at him.
&#8220;You can flip that screen at me all you want. <a href="https://www.benzinga.com/news/25/01/43236358/tipping-culture-cracking-gratuities-drop-to-a-six-year-low-as-rising-prices-and-overwhelming-gratuity-prompts-turn-customers-away">I&#8217;m not tipping</a>,&#8221; Ramsey said in a recent episode of &#8220;<a href="https://www.youtube.com/watch?v=c8CHnOxxn3c">The Ramsey Show</a>.&#8221; However, the hosts went into the nitty-gritty.
<h2 class="wp-block-heading">Tipping Expectations Vs. Guilt Trips</h2>
The discussion started with a listener&#8217;s question about when <a href="https://www.benzinga.com/personal-finance/24/10/41405483/how-much-do-you-want-shaq-likes-to-keep-things-simple-when-leaving-a-tip-the-most-someone-said-w">tipping is appropriate</a> in today&#8217;s world, especially for people who aren&#8217;t yet financially secure. Co-host Jade Warshaw chimed in first, saying tipping has changed a lot since the pandemic.
&#8220;I definitely feel like since the pandemic, tipping has kind of gone into the stratosphere,&#8221; Warshaw said, adding that people now face tipping fatigue.
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Ramsey agreed, emphasizing the difference between genuine service and what he views as passive attempts to squeeze out extra money. &#8220;This spin the iPad around is not an exchange,&#8221; he said. &#8220;It&#8217;s a manipulation. I got zero obligations.&#8221;
Both Warshaw and Ramsey agreed that restaurant servers, hair stylists, and other hands-on service workers deserve tips—and good ones.
&#8220;Whenever you&#8217;re in a restaurant situation where you&#8217;re sitting down, you&#8217;re placing an order, there&#8217;s somebody attending to your table, you should always tip,&#8221; Warshaw said. She personally tips 22% and suggests at least 18% as a baseline.
Ramsey added, &#8220;Tipping falls in the bucket with generosity. I overdo it to the point that my wife cringes.&#8221;
Trending: This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — <a href="https://www.benzinga.com/money/finally-a-fully-automated-trading-platform-for-individual-investors?">You Can Become an Investor for Just $500.25</a>
<h2 class="wp-block-heading">When Tipping Isn&#8217;t Required</h2>
But for counter service, the expectations change. Ramsey said he doesn&#8217;t tip at places like Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) or Chick-fil-A. &#8220;I&#8217;m driving through, you&#8217;re handing me the Jesus chicken out and I&#8217;m gone,&#8221; he said.
And when he picks up food himself? Still no tip. &#8220;I drove. I walked in the rain, got the queso, got in the truck, went to the house. No, we don&#8217;t tip that,&#8221; he said.
He also criticized guilt-based donation requests at checkout lines. &#8220;Do you want to give to the wounded pet association or something? No. If I wanted to give to the wounded pet association, I would have already given them money.&#8221;
Ramsey said he refuses to tack it onto his grocery total just so the store can claim the charitable credit.
See Also: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $10.</a>
<h2 class="wp-block-heading">But Generosity Still Matters</h2>
Despite drawing hard lines, Ramsey emphasized kindness toward workers who are actually providing a service.
He tips hotel housekeeping $20 per day, not just at the end of a stay. He tips valets up front and sometimes again when picking the car back up.&nbsp; And he encourages people to tip delivery drivers well, especially if they say they&#8217;re working to get out of debt.
&#8220;They&#8217;re bringing you food in the rain while you&#8217;re sitting on your butt. So double their tip, man,&#8221; he said.
Warshaw agreed. &#8220;When you go to actual restaurants, I feel like, if you can&#8217;t afford to leave a nice tip, you shouldn&#8217;t go,&#8221; she said. &#8220;No, that&#8217;s for sure. Because those people are working for tips,&#8221; Ramsey added.
In the end, Ramsey says tipping should be based on real service and not social pressure. &#8220;It&#8217;s nickel-and-diming you to death,&#8221; he said of the guilt-based tactics.
Read Next: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
Image: Shutterstock

Personal Finance

Dave Ramsey Says He Tips Well, But Draws The Line At The iPad Spin. He Calls It A Guilt Trip That's 'Nickel-And-Diming You To Death'

A weakening U.S. dollar is discreetly helping <a href="https://www.benzinga.com/etfs">some ETFs</a> to outperform their size during this earnings season, particularly those comprised of globally exposed American titans. 
But before investors get caught up in the greenback-driven glow, experts caution: all that moves isn&#8217;t necessarily real growth.
Also Read:<a href="https://www.benzinga.com/markets/bonds/25/07/46488992/us-dollar-can-lose-its-supremacy-premium-if-fed-interferes-with-bond-market-currencies-are-release-valve-for-unsustainable-fiscal-policy"> US Dollar Can Lose Its &#8216;Supremacy Premium&#8217; If Fed Interferes With Bond Market: Currencies Are &#8216;Release Valve For Unsustainable Fiscal Policy&#8217;</a>
<h2 class="wp-block-heading">The Dollar&#8217;s Slump And The ETF Sweet Spot</h2>
The U.S. dollar has fallen about 10% this year, battered by trade policy whiplash, debt worries, and decelerating growth, per a Reuters report. That weakness has boosted foreign earnings for multinational U.S. companies, and by proxy, juiced the payouts of ETFs that own them.
Industry ETFs such as the Vanguard Consumer Discretionary ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>), SPDR Industrial Select Sector ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) and iShares U.S. Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYW#NYSE">IYW</a>) are in the sweet spot. These funds allocate heavily to firms generating substantial revenue overseas, which are now profiting from favorable currency translation.
For instance, VCR component PepsiCo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) stated the dollar downturn assisted it in projecting a <a href="https://www.benzinga.com/markets/earnings/25/07/46463845/pepsico-delivers-the-fizz-in-q2-sweetens-outlook-on-subdued-dollar-headwind">less-than-anticipated annual profit decline</a>, the Reuters report noted. XLI component 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) reported a <a href="https://www.benzinga.com/markets/earnings/25/07/46491058/post-it-maker-3m-defies-tariff-headwinds-with-strong-q2-and-outlook-boost">profit beat in Q2 </a>with FX gains doing some heavy lifting.
<h2 class="wp-block-heading">Why the Market Isn&#8217;t Celebrating (Yet)</h2>
Even though FX is benefiting the bottom line, investors do not trust it. Wall Street typically discounts foreign exchange-driven earnings surprises as optical, not fundamental.
This is particularly applicable to ETF investors who might believe they&#8217;re surfing a trend, only to realize it&#8217;s all flash, no substance. Constant-currency beats, those FX-adjusted, tend to get more rewarded than FX-led ones, says Goldman Sachs.
What does it mean? Don&#8217;t expect a lift in earnings to be followed by a lift in ETF prices unless it&#8217;s preceded by actual demand growth.
<h2 class="wp-block-heading">When FX Becomes A Tailwind For ETFs</h2>
Still, the impact is real. Based on two decades of data, every 1% depreciation in the dollar improves S&amp;P 500 EPS growth by about 0.6 percentage points, according to LSEG data cited in the Reuters report. That's not nothing, especially for ETFs tracking international-facing sectors.
IYW has experienced indirect support from names like Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), which generate over half of their revenues from international locations.
Even thematic ETFs such as the Invesco International BuyBack Achievers ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPKW#NASDAQ">IPKW</a>), which is skewed toward U.S. companies with aggressive foreign strategies, might gain if the dollar is weak.
<h2 class="wp-block-heading">ETFs To Watch If The Dollar Remains Soft</h2>
<ul class="wp-block-list">
<li>VCR (Consumer Discretionary): Large global brands such as Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), and Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>).</li>
<li>XLI (Industrials): High exposure to cyclical multinationals with international sales.</li>
<li>IYW (Technology): FX-bolstered cash flow machines such as Microsoft and Apple.</li>
<li>SPY / VOO (S&amp;P 500): Wide, but still ~38% international exposure.</li>
<li>IPKW/ iShares International Select Dividend ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IDV#BATS">IDV</a>): Dividend or buyback ETFs with heavy overseas tilts.</li>
</ul>
<h2 class="wp-block-heading">The Bottom Line</h2>
ETF holders could be quietly profiting from the decline of the greenback, but such gains can disappear as suddenly as they began. Most of these gains are less about consumer enthusiasm and more about currency arithmetic, and that makes all the difference when macro is choppy.
Appreciate the tailwind, by all means. But don&#8217;t confuse a currency flutter with a structural break.
Read Next:<a href="https://www.benzinga.com/etfs/specialty-etfs/25/07/46554173/trump-targets-chinas-backdoors-vietnam-and-mexico-etfs-could-pay-the-price"> </a>
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Currency ETFs

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IPKW

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MSFT

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Dollar Down, Multinationals Up: ETFs Riding The FX Wave

On CNBC's &#8220;<a href="https://www.benzinga.com/topic/mad-money-lightning-round">Mad Money Lightning Round</a>,&#8221; Jim Cramer recommended buying Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>). &#8220;I would tell them to buy some now, the stock is down. That is the way <a href="https://www.benzinga.com/quote/SBUX/analyst-ratings">to go,&#8221; he added</a>.
Supporting his view, BofA Securities analyst Sara Senatore, on July 18, maintained Starbucks with a Buy and raised the price target from $101 to $110.
&#8220;I've always felt that GVA was a takeover target,&#8221; Cramer said when asked about Granite Construction Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GVA#NYSE">GVA</a>). &#8220;I think that the infrastructure play is still on, and therefore Granite is still on.&#8221;
As per the recent news, Granite announced that its joint venture with Obayashi Corporation, on July 17, was awarded a $158 million Guam Defense System Project.
Cramer recommended not buying Enovix Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENVX#NASDAQ">ENVX</a>), adding that the stock is up way too much. &#8220;We have a glut of oil. I'm worried about that,&#8221; he noted.
Enovix will release financial results for the second quarter on Thursday, July 31, following the close of the market.
When asked about Solid Power, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLDP#NASDAQ">SLDP</a>), he said, &#8220;Take a little off the table because that thing has just been a horse.&#8221;
On the earnings front, Solid Power, on May 6, reported a first-quarter loss of 8 cents per share, which beat the analyst consensus estimate of a loss of 12 cents per share. The company reported quarterly sales of $6.02 million, which missed the analyst consensus estimate of $7.90 million.
&#8220;I am on the camp which says you can buy it because of the dividend, but not because the earnings. That's a tough one,&#8221; Cramer said when asked about General Mills, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>).
General Mills, on June 25, reported mixed fourth-quarter financial results and issued weak FY26 adjusted guidance.
Price Action:
<ul class="wp-block-list">
<li>Granite Construction shares gained 0.4% to settle at $94.38 on Monday.</li>
<li>Solid Power shares fell 1.1% to close at $3.73.</li>
<li>Enovix shares dipped 7.1% to settle at $14.43 on Monday.</li>
<li>General Mills shares fell 1.8% to close at $49.18.</li>
<li>Starbucks shares fell 1.2% to settle at $92.66 on Monday.</li>
</ul>
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Image: Shutterstock

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SLDP

Jim Cramer: This Coffee Chain Is 'The Way To Go' But General Mills? 'That's A Tough One'

The billionaire owner of the iconic burger chain&nbsp;In-N-Out, Lynsi Snyder, has announced that she is relocating her family and the company&#8217;s headquarters from California to Tennessee. Snyder cited the challenges of doing business and raising a family in California as the primary reasons for the move.
What Happened: In an episode of the &#8220;Relatable&#8221; podcast released on Friday, Snyder revealed that she is moving to Tennessee as part of In-N-Out&#8217;s expansion into the southeastern United States. The company will also establish a new headquarters in the Nashville suburbs.
Snyder highlighted the challenges of running a business in California, particularly the COVID-19 restrictions, including mask mandates and vaccine requirements. The state&#8217;s stringent policies made it difficult for In-N-Out to operate, with health officials temporarily shutting down several locations in 2021 due to the chain&#8217;s refusal to enforce vaccination mandates.
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&#8220;There&#8217;s a lot of great things about California, but raising a family is not easy here. Doing business is not easy here,&#8221; Snyder said in the podcast.
Despite the move, In-N-Out will continue&nbsp;to expand in the Southeast, with Tennessee as the new corporate hub. Snyder emphasized that the company&#8217;s priority is sustainable expansion while maintaining&nbsp;the quality of its products&nbsp;and services.
Why It Matters: Snyder&#8217;s decision to relocate her family and business from California is another example of prominent figures expressing frustration with the state&#8217;s business environment.
In June 2024, celebrity chef Andrew Gruel announced that he would <a href="https://www.benzinga.com/general/24/06/39480311/celebrity-chef-refuses-to-open-new-businesses-in-california-until-they-fix-things">not open any new businesses</a> in California until the state &#8220;actually fix things,&#8221; citing the challenges faced by restaurants due to COVID-19 restrictions.
Last year, California raised <a href="https://www.benzinga.com/economics/macro-economic-events/24/05/38557569/april-jobs-report-preview-bank-of-america-anticipates-solid-payrolls-growth-risin">its minimum wage from $16 to $20</a>, triggering a ripple effect across the fast-food industry. Major chains, such as Chipotle Mexican Grill Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), McDonald's Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), and Starbucks Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), responded by increasing their prices to offset rising labor costs.
Although the wage hike aimed to support and uplift workers, it created <a href="https://www.benzinga.com/general/24/04/38093034/impact-of-californias-wage-hike-chipotle-mcdonalds-and-starbucks-brace-consumers-for-price-surges-ac">financial challenges for businesses</a>, which had to manage significantly higher expenses. These costs were ultimately passed on to consumers through price hikes.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="After 77 Years, In-N-Out Is Moving to Tennessee. Here&#039;s Why &#x7C; Lynsi Snyder &#x7C; Ep 1219" width="500" height="281" src="https://www.youtube.com/embed/E8HnqAgtlcc?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Eric Broder Van Dyke / Shutterstock.com

In-N-Out Billionaire Owner Lynsi Snyder Moves Family And HQ To Tennessee, Citing California's Regulations: 'Doing Business Is Not Easy Here'

Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) has outperformed the market over the past 20 years by 2.09% on an annualized basis producing an average annual return of 10.56%. Currently, Starbucks has a market capitalization of $106.70 billion. 
Buying $100 In SBUX: If an investor had bought $100 of SBUX stock 20 years ago, it would be worth $743.94 today based on a price of $93.89 for SBUX at the time of writing.
<h3>Starbucks's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1752868817_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 20 Years Ago Would Be Worth This Much Today

B of A Securities analyst Sara Senatore maintains Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) with a Buy and raises the price target from $101 to $110.

Price Target

Analyst Ratings

B of A Securities Maintains Buy on Starbucks, Raises Price Target to $110

Barclays analyst Jeffrey Bernstein maintains Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) with a Overweight and lowers the price target from $108 to $106.

Barclays Maintains Overweight on Starbucks, Lowers Price Target to $106

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Baird analyst Ghansham Panjabi downgraded Crown Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCK#NYSE">CCK</a>) from Outperform to Neutral and announced a $105 price target. Crown Holdings shares closed at $106.37 on Wednesday. <a href="https://www.benzinga.com/quote/cck/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital analyst Ameet Thakkar downgraded Quanta Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PWR#NYSE">PWR</a>) from Outperform to Market Perform and raised the price target from $352 to $400. Quanta Services shares closed at $389.12 on Wednesday. <a href="https://www.benzinga.com/quote/pwr/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group analyst David Motemaden downgraded the rating for The Progressive Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>) from Outperform to In-Line and announced a $275 price target. Progressive shares closed at $246.46 on Wednesday. <a href="https://www.benzinga.com/quote/pgr/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Andy Barish downgraded the rating for Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) from Hold to Underperform and maintained the price target of $76. Starbucks shares closed at $92.51 on Wednesday. <a href="https://www.benzinga.com/quote/sbux/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Samik Chatterjee downgraded Teradyne, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) from Overweight to Neutral but raised the price target from $88 to $102. Teradyne shares closed at $91.98 on Wednesday. <a href="https://www.benzinga.com/quote/ter/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying SBUX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="580" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/17090935/image-223-1024x580.png" alt="" class="wp-image-989750" style="width:641px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/17090935/image-223-1024x580.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/17090935/image-223-300x170.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/17090935/image-223-768x435.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/17090935/image-223.png 1100w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Photo via Shutterstock

Downgrades

This Starbucks Analyst Turns Bearish; Here Are Top 5 Downgrades For Thursday

Jefferies analyst Andy Barish downgrades Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) from Hold to Underperform and maintains the price target from $76 to $76.

Jefferies Downgrades Starbucks to Underperform, Maintains Price Target to $76

Coffee giant Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) is amending its return-to-work policy for corporate employees, which could create a significant conflict of interest given the treatment afforded to new CEO Brian Niccol.
What Happened: As Starbucks seeks to complete a turnaround from declining sales, the company is focusing on employees working together in stores and offices worldwide.
Niccol outlined the company's new policy this week that will require corporate employees and managers to work in-person four days a week, Monday through Thursday. The policy upgrades and existing three-day in-person work requirement.
"To give partners time to adjust, this expectation will begin with the new fiscal year," Niccol said in a message to employees.
Corporate employees and managers will be required to work in Starbucks&#8217; corporate offices in Seattle and Toronto, or regional hubs across North America, starting in January 2026, <a href="https://nypost.com/2025/07/14/business/starbucks-orders-4-day-office-return-as-ceo-brian-niccol-keeps-remote-work-perk/">reported</a> the New York Post. The new policy also requires all managers at corporate locations to relocate to Seattle, Toronto, or other cities with regional offices within the next 12 months.
"We'll share more details before October, including our plans to ensure everyone has an assigned dedicated desk."
The four-day in-person work requirement is part of the company's "Back to Starbucks" turnaround strategy launched by Niccol.
"We are establishing our in-office culture because we do our best work when we're together. We share ideas more effectively, creatively solve hard problems, and move much faster."
The company will offer one-time exit packages to employees who refuse to comply with the new policy.
"If you decide you want to leave Starbucks for any reason, we respect that."
Niccol said the new policy is "the right path for Starbucks."
Read Also:<a href="https://www.benzinga.com/markets/asset-sales/25/07/46315542/starbucks-attracts-10-billion-in-bids-for-china-unit-amid-rising-competition"> Starbucks Attracts $10 Billion In Bids For China Unit Amid Rising Competition</a>
Why It's Important: As the new policy is announced, questions remain on where Niccol completes his daily work and how much of his time he spends working in-person versus remotely.
Niccol, who <a href="https://www.benzinga.com/news/24/08/40347476/ceo-switch-wipes-7b-off-chipotles-market-cap-adds-15b-to-starbucks">was hired away </a>from Chipotle Mexican Grill in 2024, has a main residence in Newport Beach, California.
At the time of his hiring, it was reported that Niccol would be permitted to continue residing in Newport Beach.
Starbucks said Niccol's "default" is residing in Seattle when he isn't traveling. The company declined to comment on Niccol working from California when asked by the New York Post.
The company previously said that Niccol would spend the majority of his time in Seattle or visiting stores and offices globally.
"His schedule will exceed the hybrid work guidelines and workplace expectations we have for all partners," a company spokesperson previously said.
With the hybrid work guidelines now meaning four days in the office and one at home, it remains unclear if Niccol is still exceeding those requirements.
Niccol received a favorable compensation package for joining the coffee giant, with reports saying he made $96 million in his first four months with the company from wages, a sign-on bonus and stock awards.
The annual compensation of $113 million makes Niccol one of the highest-paid CEOs in the country.
The Starbucks CEO also has a remote office near his home and a corporate jet at his disposal, along with other perks.
Starbucks has been in the middle of a turnaround as it faces declining sales, labor challenges from unions, increased competition, and concerns over higher inflation.
The coffee chain will likely be asked about Niccol's work locations in the coming months and could face increased employee pushback without clarity, or if it is true that the CEO is exempt from following the new policy.
SBUX Price Action: Starbucks stock trades at $92.48 on Tuesday versus a 52-week trading range of $71.55 to $117.46. The stock is up 0.3% year-to-date in 2025.
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</ul>
Photo: Shutterstock

Restaurants

Management

Starbucks Return To Work Conflict Of Interest: Employees Told Four Days In Office As CEO Works From Home

Financial giants have made a conspicuous bearish move on Starbucks. Our analysis of options history for Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) revealed 11 unusual trades.
Delving into the details, we found 27% of traders were bullish, while 72% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $120,230, and 8 were calls, valued at $351,096.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $55.0 to $95.0 for Starbucks during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Starbucks's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Starbucks's whale trades within a strike price range from $55.0 to $95.0 in the last 30 days. 
<h3>Starbucks 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1752519653_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SBUX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$22.8</td>
<td>$22.75</td>
<td>$22.75</td>
<td>$75.00</td>
<td>$68.2K</td>
<td>9.8K</td>
<td align="right">31</td>
</tr>
<tr>
<td>SBUX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$3.3</td>
<td>$3.2</td>
<td>$3.24</td>
<td>$95.00</td>
<td>$67.7K</td>
<td>7.4K</td>
<td align="right">278</td>
</tr>
<tr>
<td>SBUX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/25/25</td>
<td>$1.91</td>
<td>$1.9</td>
<td>$1.9</td>
<td>$93.00</td>
<td>$57.0K</td>
<td>247</td>
<td align="right">313</td>
</tr>
<tr>
<td>SBUX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$2.07</td>
<td>$1.83</td>
<td>$2.07</td>
<td>$95.00</td>
<td>$51.7K</td>
<td>4.1K</td>
<td align="right">521</td>
</tr>
<tr>
<td>SBUX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$4.35</td>
<td>$4.25</td>
<td>$4.3</td>
<td>$90.00</td>
<td>$43.4K</td>
<td>1.9K</td>
<td align="right">114</td>
</tr>
</tbody>
</table>

<h3>About Starbucks</h3>
Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 40,000 stores across more than 80 countries at the end of March 2025. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products.
Having examined the options trading patterns of Starbucks, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Starbucks's Current Market Status</h3>
<ul>
<li>With a trading volume of 4,002,119, the price of SBUX is down by -1.76%, reaching $93.27.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 15 days from now.</li>
</ul>
<h3>Expert Opinions on Starbucks</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $100.6.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Starbucks, targeting a price of $105. 
&#x2A; Reflecting concerns, an analyst from CICC lowers its rating to Outperform with a new price target of $100. 
&#x2A; An analyst from Bernstein has decided to maintain their Outperform rating on Starbucks, which currently sits at a price target of $100. 
&#x2A; Reflecting concerns, an analyst from TD Securities lowers its rating to Hold with a new price target of $90. 
&#x2A; An analyst from Barclays has decided to maintain their Overweight rating on Starbucks, which currently sits at a price target of $108. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Starbucks, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Starbucks Unusual Options Activity For July 14

Citigroup analyst Jon Tower maintains Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) with a Neutral and raises the price target from $95 to $100.

Citigroup Maintains Neutral on Starbucks, Raises Price Target to $100

Labubu, a spiky-eared collectible doll created by Hong Kong artist Kasing Lung, has become one of the hottest toys of 2025. With blind-box pricing ranging from $8.99 to nearly $30, and rare editions reselling for thousands, the trend is being driven not just by kids, but by anxious, value-conscious adults.
<h2 class="wp-block-heading">Toy Boom Signals Bigger Shift In Spending Behavior</h2>
According to Shaun Rein, founder of China Market Research Group, the Labubu craze is part of a larger shift toward <a href="https://www.benzinga.com/markets/large-cap/25/06/46064882/amazons-prime-day-secret-weapon-lipstick-and-luxury">emotional spending</a> in uncertain times. &#8220;Pop Mart has been one of my biggest calls for the last three or four years,&#8221; Rein said in a recent CNBC International <a href="https://www.youtube.com/watch?v=p9vS1KLBLeI">interview</a>. &#8220;Consumers are anxious and really saving their money, except for on items like a Legoland experience or on Pop Mart&#8217;s Labubu. It makes them feel good.&#8221;
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He compared the boom to the well-known &#8220;lipstick effect,&#8221; where consumers spend on small luxuries during economic downturns. &#8220;In the United States, when there&#8217;s a weak economy, look at the lipstick effect. In China, it&#8217;s little toys.&#8221;
Rein noted that Pop Mart toys, including Labubu, have become especially popular among young women. &#8220;When you go into office buildings, a lot of the young women in my company have Pop Mart figurines lined up on their tables,&#8221; he told CNBC International. During the strict COVID testing period in China, he saw purchases of the dolls increase noticeably. It was their way of coping.
<h2 class="wp-block-heading">Pop Mart Could Become The Next Disney</h2>
Rein believes Pop Mart is still in its early stages of growth and may follow in the footsteps of major entertainment brands. &#8220;I think Pop Mart five, 10 years from now could have a theme park or an amusement park,&#8221; he said. &#8220;Fits exactly the Chinese consumer mindset right now—spending to feel better because of the anxiety.&#8221;
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Celebrity endorsements have only added to the craze. Stars like Rihanna, Kim Kardashian and David Beckham have been spotted displaying Labubu dolls, sending resale values skyrocketing. The dolls are frequently sold out online, with some editions starting at $167 and climbing far higher on secondary markets.
<h2 class="wp-block-heading">Starbucks Fumbles While Toys Thrive</h2>
Rein contrasted Pop Mart&#8217;s emotional connection and consistent demand with what he sees as a strategic failure by Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) in China. Starbucks used to be luxury in a cup, he told CNBC. Now their outlets &#8220;are terrible, and 40% of their high-end menu items weren&#8217;t selling.&#8221;
See Also: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
Rather than improving quality, Rein said Starbucks is trying to compete on price, a strategy he sees as doomed. &#8220;You can&#8217;t compete with Chinese companies on price,&#8221; he said. &#8220;They&#8217;ll go to lower margins. <a href="https://www.benzinga.com/markets/asset-sales/25/07/46315542/starbucks-attracts-10-billion-in-bids-for-china-unit-amid-rising-competition">Starbucks needs to</a> double down on premium in-store experience and better coffee.&#8221;
Labubu's runaway success, then, is more than just a toy story. It's a window into how stressed-out consumers are seeking comfort, identity and joy in small, meaningful purchases.
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Image: Shutterstock

Analyst Says Viral Doll Labubu Boom Reflects The 'Lipstick Effect' Among Anxious Spenders

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Citigroup raised Avery Dennison Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVY#NYSE">AVY</a>) price target from $177 to $185. Citigroup analyst Anthony Pettinari maintained a Neutral rating. Avery Dennison shares closed at $182.21 on Friday. <a href="https://www.benzinga.com/quote/avy/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan boosted the price target for Synchrony Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>) from $52 to $80. JP Morgan analyst Richard Shane maintained an Overweight rating. Synchrony Financial shares closed at $70.61 on Friday. <a href="https://www.benzinga.com/quote/syf/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler raised Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) price target from $1,150 to $1,400. Piper Sandler analyst Matt Farrell maintained an Overweight rating. Netflix shares closed at $1,245.11 on Friday. <a href="https://www.benzinga.com/quote/nflx/analyst-ratings">See how other analysts view this stoc</a>k.</li>
<li>JP Morgan boosted the price target for Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) from $195 to $200. JP Morgan analyst Doug Anmuth maintained an Overweight rating. Alphabet shares closed at $181.31 on Friday. <a href="https://www.benzinga.com/quote/goog/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Mizuho cut the price target for Centene Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>) from $71 to $40. Mizuho analyst Ann Hynes maintained a Neutral rating. Centene shares closed at $31.44 on Friday. <a href="https://www.benzinga.com/quote/cnc/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley raised DraftKings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) price target from $51 to $52. Morgan Stanley analyst Stephen Grambling maintained an Overweight rating. DraftKings shares settled at $42.98 on Friday. <a href="https://www.benzinga.com/quote/dkng/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group increased Hewlett Packard Enterprise Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) price target from $22 to $25. Evercore ISI Group analyst Amit Daryanani maintained an Outperform rating. Hewlett Packard Enterprise shares closed at $20.72 on Friday. <a href="https://www.benzinga.com/quote/hpe/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Goldman Sachs cut Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) price target from $315 to $285. Goldman Sachs analyst Mark Delaney maintained a Neutral rating. Tesla shares closed at $313.51 on Friday.  <a href="https://www.benzinga.com/quote/tsla/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel raised the price target for Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) from $92 to $105. Stifel analyst Chris O&#8217;Cull maintained a Buy rating. Starbucks shares settled at $94.94 on Friday. <a href="https://www.benzinga.com/quote/sbux/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities cut Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) price target from $579 to $554. Truist Securities analyst Michael Ciarmoli maintained a Buy rating. Lockheed Martin shares closed at $467.51 on Friday. <a href="https://www.benzinga.com/quote/lmt/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying TSLA stock? Here&#8217;s what analysts think: 
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Photo via Shutterstock

DKNG

GOOG

TSLA

Tesla To $285? Here Are 10 Top Analyst Forecasts For Friday

Stifel analyst Chris O'Cull maintains Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) with a Buy and raises the price target from $92 to $105.

Stifel Maintains Buy on Starbucks, Raises Price Target to $105

WIIM

SBUX stock has given up its prior gain. Starbucks shares were trading higher following reports suggesting the company has drawn interest from potential investors regarding its China business.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/11/25</td>
<td>$300.00</td>
<td>$62.5K</td>
<td>16.3K</td>
<td>70.0K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$230.00</td>
<td>$33.9K</td>
<td>32.5K</td>
<td>5.4K</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/11/25</td>
<td>$335.00</td>
<td>$2.3 million</td>
<td>2.6K</td>
<td>2.5K</td>
</tr>
<tr>
<td>BYD</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>07/18/25</td>
<td>$82.50</td>
<td>$28.5K</td>
<td>387</td>
<td>1.3K</td>
</tr>
<tr>
<td>CHWY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/11/25</td>
<td>$39.00</td>
<td>$42.8K</td>
<td>1.5K</td>
<td>1.2K</td>
</tr>
<tr>
<td>PHIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$50.00</td>
<td>$62.5K</td>
<td>106</td>
<td>500</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$140.00</td>
<td>$66.2K</td>
<td>5.1K</td>
<td>417</td>
</tr>
<tr>
<td>DKS</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>07/18/25</td>
<td>$210.00</td>
<td>$74.8K</td>
<td>1.6K</td>
<td>381</td>
</tr>
<tr>
<td>CPRI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$20.00</td>
<td>$26.7K</td>
<td>3.6K</td>
<td>309</td>
</tr>
<tr>
<td>SBUX</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/18/26</td>
<td>$90.00</td>
<td>$46.4K</td>
<td>1.2K</td>
<td>257</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on July 11, 2025. This event was a transfer of 250 contract(s) at a $300.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $62.5K, with a price of $250.0 per contract. There were 16300 open contracts at this strike prior to today, and today 70055 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option sweep that happens to be bullish, expiring in 37 day(s) on August 15, 2025. This event was a transfer of 50 contract(s) at a $230.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $33.9K, with a price of $679.0 per contract. There were 32506 open contracts at this strike prior to today, and today 5458 contract(s) were bought and sold. 
• Regarding CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on July 11, 2025. Parties traded 1339 contract(s) at a $335.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $2.3 million, with a price of $1738.0 per contract. There were 2629 open contracts at this strike prior to today, and today 2505 contract(s) were bought and sold. 
• Regarding BYD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>), we observe a call option trade with neutral sentiment. It expires in 9 day(s) on July 18, 2025. Parties traded 100 contract(s) at a $82.50 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $285.0 per contract. There were 387 open contracts at this strike prior to today, and today 1309 contract(s) were bought and sold. 
• Regarding CHWY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on July 11, 2025. Parties traded 1068 contract(s) at a $39.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $40.0 per contract. There were 1505 open contracts at this strike prior to today, and today 1201 contract(s) were bought and sold. 
• Regarding PHIN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHIN#NYSE">PHIN</a>), we observe a call option trade with bearish sentiment. It expires in 37 day(s) on August 15, 2025. Parties traded 500 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $62.5K, with a price of $125.0 per contract. There were 106 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a call option sweep that happens to be bullish, expiring in 163 day(s) on December 19, 2025. This event was a transfer of 250 contract(s) at a $140.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $66.2K, with a price of $265.0 per contract. There were 5106 open contracts at this strike prior to today, and today 417 contract(s) were bought and sold. 
• Regarding DKS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>), we observe a call option trade with neutral sentiment. It expires in 9 day(s) on July 18, 2025. Parties traded 170 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $74.8K, with a price of $440.0 per contract. There were 1600 open contracts at this strike prior to today, and today 381 contract(s) were bought and sold. 
• For CPRI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>), we notice a call option sweep that happens to be bullish, expiring in 37 day(s) on August 15, 2025. This event was a transfer of 214 contract(s) at a $20.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $125.0 per contract. There were 3605 open contracts at this strike prior to today, and today 309 contract(s) were bought and sold. 
• Regarding SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we observe a put option trade with neutral sentiment. It expires in 344 day(s) on June 18, 2026. Parties traded 56 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $46.4K, with a price of $830.0 per contract. There were 1212 open contracts at this strike prior to today, and today 257 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BABA

CHWY

CPRI

CVNA

PHIN

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

<a href="https://www.cnbc.com/2025/07/09/starbucks-china-attracts-bids-valuing-the-coffee-chain-at-up-to-10-billion.html" title="https://www.cnbc.com/2025/07/09/starbucks-china-attracts-bids-valuing-the-coffee-chain-at-up-to-10-billion.html">https://www.cnbc.com/2025/07/09/starbucks-china-attracts-bids-valuing-the-coffee-chain-at-up-to-10-billion.html</a>

Rumors

CNBC Reported Earlier, Starbucks China Attracts Bids Valuing Coffee Chain At Up To $10B

Starbucks Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) is reportedly attracting strong investor interest in its China unit, with potential stake valuations reaching up to $10 billion.
CNBC <a target="_blank" href="https://www.cnbc.com/2025/07/09/starbucks-china-attracts-bids-valuing-the-coffee-chain-at-up-to-10-billion.html" rel="noreferrer noopener">reports</a> that close to 30 private equity firms, both domestic and international, have submitted non-binding bids for a stake in Starbucks&#8217; China business. Valuations range between $5 billion and $10 billion, with most offers leaning toward the upper end of that spectrum.
This strategic review reflects mounting pressure from Chinese competitors, which has significantly impacted Starbucks&#8217; market position. According to Euromonitor International data, the company&#8217;s market share plummeted from 34% in 2019 to 14% in 2024.
Related: <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46309501/starbucks-stock-drifts-higher-amid-brewing-china-business-sale-chatter" target="_blank" rel="noreferrer noopener">Starbucks Stock Drifts Higher Amid Brewing China Business Sale Chatter</a>
The Seattle-based coffee giant is reviewing proposed deal structures, value creation plans, and alignment with potential partners. Sources familiar with the matter told that Starbucks aims to finalize a shortlist within two months, although the complete transaction may extend beyond year-end.
In a statement to CNBC, a Starbucks spokesperson said the company plans to keep a significant stake and emphasized that &#8220;any deal must make sense for Starbucks business and partners.&#8221; The company is seeking a strategic partner aligned with its long-term vision for China.
Centurium Capital, Hillhouse Capital, The Carlyle Group, and KKR &amp; Co. are reportedly among the firms vying for a stake. According to sources, Starbucks is likely to retain about 30% of the unit, with the remaining interest potentially divided among multiple investors.
In June, reports confirmed that Starbucks had initiated a formal process to sell a stake in its China business. The company began engaging with potential investors in May, with Goldman Sachs serving as advisor. 
This followed a <a href="https://www.benzinga.com/markets/equities/25/06/46066854/starbucks-denies-full-china-exit-amid-stake-sale-talks-as-market-share-slips-to-14" target="_blank" rel="noreferrer noopener">report</a> by Chinese outlet Caixin, which suggested Starbucks was exploring a full exit, a claim the company denied. A spokesperson told Reuters, &#8220;Starbucks is not currently considering a full sale of its China operations.&#8221;
Price Action: At the last check on Wednesday, SBUX shares were trading higher by 0.48% to $95.40 premarket.
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Photo by Ned Snowman via Shutterstock

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Asset Sales

Starbucks Attracts $10 Billion In Bids For China Unit Amid Rising Competition

Press Releases

Starbucks Recommends Shareholders Reject "Mini-Tender" Offer by Tutanota LLC

Starbucks Reports Q2 Fiscal Year 2025 Results

Hanley Investment Group Arranges Sale of New Construction Starbucks Drive-Thru in Riverside, Calif., for $2.85 Million

RealSource Group Facilitates $3 Million Sale of New Construction Starbucks Drive-Thru in Gadsden, Alabama

Leadership Experience 2025: Starbucks Rallies 14,000 North America Coffeehouse Leaders to Accelerate its 'Back to Starbucks' Strategy

Starbucks Elects Dambisa Moyo and Marissa Mayer to its Board of Directors

Hanley Investment Group Arranges Sales of New Construction Circle K and Starbucks Drive-Thru in Cathedral City, Calif., for $8 Million

Starbucks Announces Q3 Fiscal Year 2025 Results Conference Call

Starbucks Declares Quarterly Cash Dividend

Equity Residential Appoints Chris Carr to Board of Trustees

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Comments

Starbucks

Unusual Options Activity for

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
03:56 PMJul 25, 2025	CALL	$95.00	Jun 18, 2026	325	1067	1000	97	1103	TRADE	BULLISH
11:58 AMJul 24, 2025	CALL	$95.00	Jan 16, 2026	172	1505	1500	13	11368	TRADE	NEUTRAL
01:04 PMJul 23, 2025	CALL	$105.00	Jan 16, 2026	172	2009	2000	49	4116	TRADE	BULLISH
12:55 PMJul 23, 2025	CALL	$105.00	Jan 16, 2026	172	3004	3000	73	4116	TRADE	BULLISH
03:04 PMJul 21, 2025	PUT	$85.00	Jun 18, 2026	325	1200	1200	25	4861	TRADE	BULLISH