Starbucks Forms Joint Venture with Boyu Capital in China

Starbucks ( (SBUX) ) just unveiled an announcement.

On November 3, 2025, Starbucks announced a joint venture with Boyu Capital, where Boyu will acquire up to a 60% interest in Starbucks’ retail operations in China. This strategic partnership aims to accelerate Starbucks’ growth in China, leveraging Boyu’s local expertise to expand into new cities and regions, while Starbucks retains a 40% interest and continues to own and license its brand. The venture is expected to enhance Starbucks’ market presence and customer experience in China, with plans to increase the number of stores from 8,000 to 20,000, reflecting a significant milestone in Starbucks’ 26-year journey in the region.

The most recent analyst rating on (SBUX) stock is a Buy with a $105.00 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 stock score reflects strong revenue growth and strategic initiatives that show promise for future improvements. However, significant challenges in profitability, leverage, and valuation pose risks. The technical analysis suggests caution, with mixed signals indicating potential volatility. Investors should monitor the company’s efforts to improve margins and manage financial risks.

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

More about Starbucks

Starbucks Coffee Company, founded in 1971, is a premier roaster and retailer of specialty coffee, committed to ethically sourcing and roasting high-quality arabica coffee. With over 40,000 stores worldwide, Starbucks is known for its unique coffee experience.

Average Trading Volume: 9,129,486

Technical Sentiment Signal: Sell

Current Market Cap: $91.92B

See more insights into SBUX stock on TipRanks’ Stock Analysis page.