Starbucks Appoints Mike Grams as COO

Starbucks ( (SBUX) ) has provided an update.

On June 4, 2025, Starbucks Corporation announced the appointment of Mike Grams as the new Chief Operating Officer, reinstating the position within its executive leadership team. This strategic move aims to enhance leadership accountability and operational efficiency by consolidating global coffeehouse development and supply chain under Grams’ oversight. Additionally, the company is undergoing organizational changes to strengthen its focus on sustainability and brand integration, with key leadership roles being restructured to accelerate progress towards its business goals. The departure of Brad Lerman, the Chief Legal Officer, was also announced, with a search for his successor underway.

The most recent analyst rating on (SBUX) stock is a Sell with a $76.00 price target. To see the full list of analyst forecasts on Starbucks stock, see the SBUX Stock Forecast page.

Spark’s Take on SBUX Stock

According to Spark, TipRanks’ AI Analyst, SBUX is a Neutral.

Starbucks’ overall score reflects strong revenue growth and effective cash flow management. However, high financial leverage, declining profit margins, and disappointing recent financial results weigh on the score. While strategic initiatives show promise, financial recovery is still in progress.

To see Spark’s full report on SBUX stock, click here.

More about Starbucks

Starbucks Corporation is a leading company in the coffeehouse industry, primarily offering coffee and related beverages. The company focuses on global coffeehouse development and supply chain management.

Average Trading Volume: 11,694,431

Technical Sentiment Signal: Sell

Current Market Cap: $96.81B

For detailed information about SBUX stock, go to TipRanks’ Stock Analysis page.