Arabic version: كرامر يرى أسهم ستاربكس تتجاوز 100 دولار

According to Cnbc, Jim Cramer said Starbucks’ turnaround is shifting “from promise to proof” after the coffee chain reported another strong quarter and raised its fiscal 2026 outlook. Cramer said the results looked like “the inflection” and raised the Investing Club price target on the shares to $120 from $115.

Starbucks shares rose more than 3% Thursday to about $107 each, bringing their year-to-date gain to roughly 26%. The stock reached a 52-week closing high of $108.37 on July 16 and has not traded above $110 since January 2025. Cramer said the quarter could help the stock move beyond the $100 level and reach a higher range.

Chief Executive Brian Niccol said comparable-sales growth was driven by increased transactions, more drink customizations and stronger food demand. Starbucks recorded its fourth consecutive quarter of global comparable-store sales gains and raised guidance across the board for a second straight quarter. North American margins expanded for the first time in more than two years, excluding benefits from tariff refunds.

Niccol said store upgrades are a central part of the “Back to Starbucks” strategy. The company has refreshed a little more than 1,000 locations and could eventually retrofit as many as 8,000 stores. Starbucks is also simplifying its international operating model, emphasizing licensing outside North America while retaining direct control of U.S. and Canada operations. Following a joint venture finalized in China in April, about 90% of its nearly 23,000 international locations are managed through a licensed structure.