Brinker (EAT) Stock Forecast, Price Target & Predictions
EAT Stock Forecast
Brinker stock forecast is as follows: an average price target of $55.30 (represents a -20.02% downside from EAT’s last price of $69.14) and a rating consensus of 'Hold', based on 19 wall street analysts offering a 1-year stock forecast.
EAT Price Target
The average price target for Brinker (EAT) is $55.30 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $90.00 to $28.00. This represents a potential -20.02% downside from EAT's last price of $69.14.
EAT Analyst Ratings
According to 19 Wall Street analysts, Brinker's rating consensus is 'Hold'. The analyst rating breakdown for EAT stock is 0 'Strong Buy' (0.00%), 8 'Buy' (42.11%), 9 'Hold' (47.37%), 2 'Sell' (10.53%), and 0 'Strong Sell' (0.00%).
Brinker Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 15, 2024 | Andrew Strelzik | BMO Capital | $80.00 | $66.40 | 20.48% | 15.71% |
| Aug 15, 2024 | Katherine Griffin | Griffin | $63.00 | $62.86 | 0.22% | -8.88% |
| Aug 15, 2024 | Zachary Fadem | Wells Fargo | $50.00 | $62.86 | -20.46% | -27.68% |
| Aug 15, 2024 | Jeffrey Bernstein | Bernstein | $66.00 | $62.86 | 5.00% | -4.54% |
| Aug 15, 2024 | David Palmer | Evercore ISI | $69.00 | $62.86 | 9.77% | -0.20% |
| Aug 15, 2024 | Eric Gonzalez | KeyBanc | $72.00 | $62.86 | 14.54% | 4.14% |
| Aug 14, 2024 | Brian Harbour | Morgan Stanley | $50.00 | $62.86 | -20.46% | -27.68% |
| Aug 04, 2024 | Jon Tower | Citigroup | $67.00 | $59.33 | 12.93% | -3.10% |
| Jun 25, 2024 | Chris O'Cull | Stifel Nicolaus | $90.00 | $73.62 | 22.25% | 30.17% |
| May 21, 2024 | Bill Selesky | Argus Research | $72.00 | $64.51 | 11.61% | 4.14% |
The latest Brinker stock forecast, released on Aug 15, 2024 by Andrew Strelzik from BMO Capital, set a price target of $80.00, which represents a 20.48% increase from the stock price at the time of the forecast ($66.40), and a 15.71% increase from EAT last price ($69.14).
Brinker Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 7 | 9 | 13 |
| Avg Price Target | $64.29 | $67.44 | $64.46 |
| Last Closing Price | $69.14 | $69.14 | $69.14 |
| Upside/Downside | -7.01% | -2.46% | -6.77% |
In the current month, the average price target of Brinker stock is $64.29, according to 7 Wall Street analysts offering twelve months forecast. The average price target represents a -7.01% decrease as opposed to Brinker's last price of $69.14. This month's average price target is down -4.67% compared to last quarter, and down -0.26% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 15, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Aug 15, 2024 | Wells Fargo | Underweight | Underweight | Hold |
| Aug 15, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Aug 15, 2024 | Bernstein | Equal-Weight | Equal-Weight | Hold |
| Aug 15, 2024 | KeyBanc | Sector Weight | Overweight | Upgrade |
| Aug 13, 2024 | Wedbush | Neutral | Neutral | Hold |
| Aug 13, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| Aug 04, 2024 | Citigroup | Neutral | Neutral | Hold |
| Jul 16, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| Jul 08, 2024 | Raymond James | Strong Buy | Outperform | Downgrade |
Brinker's last stock rating was published by BMO Capital on Aug 15, 2024. The company gave EAT a "Outperform" rating, the same as its previous rate.
Brinker Financial Forecast
Brinker Revenue Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.07B | - | $1.08B | $1.08B | $1.02B | $955.50M | $1.02B | $980.40M | $925.80M | $876.40M | $1.01B | $828.40M | $760.70M | $740.10M | $563.20M | $860.00M |
| Avg Forecast | $1.30B | $1.22B | $1.17B | $1.13B | $1.27B | $1.19B | $1.15B | $1.11B | $1.23B | $1.16B | $1.12B | $1.08B | $1.16B | $1.12B | $1.08B | $1.01B | $1.08B | $1.08B | $991.74M | $934.58M | $1.01B | $978.07M | $925.94M | $876.76M | $1.00B | $849.06M | $755.81M | $731.84M | $572.92M | $856.99M |
| High Forecast | $1.33B | $1.25B | $1.20B | $1.16B | $1.30B | $1.22B | $1.17B | $1.14B | $1.26B | $1.19B | $1.15B | $1.09B | $1.19B | $1.15B | $1.10B | $1.03B | $1.11B | $1.10B | $1.02B | $958.32M | $1.01B | $986.61M | $934.02M | $884.42M | $1.01B | $856.47M | $762.41M | $738.22M | $577.93M | $864.47M |
| Low Forecast | $1.28B | $1.20B | $1.15B | $1.11B | $1.25B | $1.17B | $1.13B | $1.09B | $1.21B | $1.14B | $1.10B | $1.07B | $1.14B | $1.10B | $1.07B | $992.75M | $1.06B | $1.06B | $975.93M | $919.68M | $1.01B | $965.99M | $914.51M | $865.93M | $991.45M | $838.57M | $746.48M | $722.80M | $565.85M | $846.40M |
| # Analysts | 9 | 9 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 9 | 12 | 9 | 4 | 9 | 15 | 7 | 7 | 9 | 9 | 10 | 10 | 7 | 7 | 7 | 7 | 6 | 4 | 4 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 0.99% | 1.01% | 1.03% | 1.02% | 1.01% | 1.00% | 1.00% | 1.00% | 1.00% | 0.98% | 1.01% | 1.01% | 0.98% | 1.00% |
Brinker's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.12B, with a low forecast of $1.10B, and a high forecast of $1.15B. EAT's average Quarter revenue forecast represents a 4.38% increase compared to the company's last Quarter revenue of $1.07B (Dec 23).
Brinker EBITDA Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 9 | 12 | 9 | 4 | 9 | 15 | 7 | 7 | 9 | 9 | 10 | 10 | 7 | 7 | 7 | 7 | 6 | 4 | 4 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $103.80M | - | $111.50M | $112.00M | $89.60M | $23.30M | $97.60M | $94.50M | $81.90M | $65.20M | $139.70M | $89.90M | $59.80M | $62.20M | $-11.30M | $85.00M |
| Avg Forecast | $120.99M | $113.84M | $108.79M | $105.58M | $118.29M | $110.71M | $106.79M | $103.41M | $114.52M | $108.16M | $104.42M | $101.07M | $108.49M | $122.65M | $100.57M | $94.14M | $100.87M | $111.50M | $92.47M | $71.72M | $98.23M | $101.36M | $49.78M | $65.20M | $141.34M | $92.15M | $56.18M | $209.93M | $-15.34M | $72.01M |
| High Forecast | $124.06M | $116.73M | $111.55M | $108.27M | $121.30M | $113.53M | $109.50M | $106.04M | $117.43M | $110.91M | $107.07M | $102.00M | $111.24M | $147.18M | $102.44M | $95.82M | $103.43M | $133.80M | $94.82M | $86.06M | $98.23M | $121.63M | $59.74M | $78.24M | $169.61M | $110.58M | $67.41M | $251.91M | $-12.27M | $86.41M |
| Low Forecast | $119.06M | $112.03M | $107.05M | $103.90M | $116.41M | $108.95M | $105.08M | $101.76M | $112.69M | $106.44M | $102.75M | $100.13M | $106.76M | $98.12M | $99.64M | $92.56M | $99.26M | $89.20M | $91.00M | $57.38M | $98.23M | $81.09M | $39.83M | $52.16M | $113.07M | $73.72M | $44.94M | $167.94M | $-18.41M | $57.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | - | 1.11% | 1.00% | 0.97% | 0.32% | 0.99% | 0.93% | 1.65% | 1.00% | 0.99% | 0.98% | 1.06% | 0.30% | 0.74% | 1.18% |
4 analysts predict EAT's average Quarter EBITDA for Mar 24 to be $122.65M, with a high of $147.18M and a low of $98.12M. This is 18.16% upper than Brinker's previous annual EBITDA (Dec 23) of $103.80M.
Brinker Net Income Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 9 | 12 | 9 | 4 | 9 | 15 | 7 | 7 | 9 | 9 | 10 | 10 | 7 | 7 | 7 | 7 | 6 | 4 | 4 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $42.10M | - | $54.20M | $50.70M | $27.90M | $-30.20M | $40.20M | $36.60M | $27.60M | $13.20M | $75.00M | $33.90M | $12.00M | $10.70M | $-49.20M | $30.80M |
| Avg Forecast | $91.30M | $73.48M | $64.09M | $36.10M | $82.53M | $65.27M | $55.99M | $33.26M | $75.86M | $61.40M | $51.48M | $28.26M | $79.60M | $46.25M | $44.06M | $2.66M | $61.09M | $42.04M | $24.23M | $14.52M | $52.21M | $38.22M | $16.78M | $13.20M | $75.88M | $34.75M | $11.27M | $36.11M | $-66.80M | $26.09M |
| High Forecast | $94.31M | $75.91M | $66.21M | $37.29M | $85.25M | $67.43M | $57.84M | $34.36M | $78.37M | $63.42M | $53.18M | $38.58M | $82.23M | $55.50M | $48.28M | $9.31M | $63.11M | $50.45M | $25.03M | $17.42M | $52.21M | $45.87M | $20.13M | $15.84M | $91.06M | $41.70M | $13.53M | $43.34M | $-53.44M | $31.31M |
| Low Forecast | $89.40M | $71.96M | $62.76M | $35.35M | $80.82M | $63.92M | $54.83M | $32.57M | $74.29M | $60.12M | $50.42M | $21.53M | $77.95M | $37.00M | $40.31M | $-6.65M | $59.83M | $33.64M | $23.73M | $11.62M | $52.21M | $30.58M | $13.42M | $10.56M | $60.71M | $27.80M | $9.02M | $28.89M | $-80.16M | $20.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | - | 0.89% | 1.21% | 1.15% | -2.08% | 0.77% | 0.96% | 1.65% | 1.00% | 0.99% | 0.98% | 1.06% | 0.30% | 0.74% | 1.18% |
Brinker's average Quarter net income forecast for Mar 24 is $46.25M, with a range of $37.00M to $55.50M. EAT's average Quarter net income forecast represents a 9.85% increase compared to the company's last Quarter net income of $42.10M (Dec 23).
Brinker SG&A Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 9 | 12 | 9 | 4 | 9 | 15 | 7 | 7 | 9 | 9 | 10 | 10 | 7 | 7 | 7 | 7 | 6 | 4 | 4 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $43.20M | - | $38.80M | $40.60M | $35.60M | $39.50M | $35.30M | $39.20M | $33.10M | $36.50M | $40.60M | $33.70M | $30.00M | $30.50M | $40.40M | $23.30M |
| Avg Forecast | $52.30M | $49.21M | $47.03M | $45.64M | $51.14M | $47.86M | $46.16M | $44.70M | $49.50M | $46.76M | $45.14M | $43.69M | $46.90M | $45.98M | $43.48M | $40.69M | $43.60M | $41.80M | $39.97M | $40.15M | $41.85M | $38.00M | $20.12M | $36.50M | $41.08M | $34.54M | $28.18M | $102.94M | $54.85M | $19.74M |
| High Forecast | $53.63M | $50.46M | $48.22M | $46.80M | $52.43M | $49.07M | $47.33M | $45.84M | $50.76M | $47.94M | $46.28M | $44.09M | $48.09M | $55.17M | $44.28M | $41.42M | $44.71M | $50.16M | $40.99M | $48.18M | $41.85M | $45.60M | $24.14M | $43.80M | $49.29M | $41.45M | $33.82M | $123.53M | $65.82M | $23.69M |
| Low Forecast | $51.47M | $48.43M | $46.28M | $44.91M | $50.32M | $47.10M | $45.43M | $43.99M | $48.71M | $46.01M | $44.42M | $43.28M | $46.15M | $36.78M | $43.07M | $40.01M | $42.91M | $33.44M | $39.34M | $32.12M | $41.85M | $30.40M | $16.10M | $29.20M | $32.86M | $27.63M | $22.55M | $82.35M | $43.88M | $15.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | - | 0.89% | 0.97% | 0.89% | 0.98% | 0.84% | 1.03% | 1.65% | 1.00% | 0.99% | 0.98% | 1.06% | 0.30% | 0.74% | 1.18% |
Brinker's average Quarter SG&A projection for Mar 24 is $45.98M, based on 4 Wall Street analysts, with a range of $36.78M to $55.17M. The forecast indicates a 6.43% rise compared to EAT last annual SG&A of $43.20M (Dec 23).
Brinker EPS Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 9 | 12 | 9 | 4 | 9 | 15 | 7 | 7 | 9 | 9 | 10 | 10 | 7 | 7 | 7 | 7 | 6 | 4 | 4 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.95 | - | $1.22 | $1.15 | $0.63 | $-0.69 | $0.92 | $0.82 | $0.61 | $0.29 | $1.64 | $0.74 | $0.26 | $0.24 | $-1.20 | $0.83 |
| Avg Forecast | $1.97 | $1.59 | $1.38 | $0.78 | $1.78 | $1.41 | $1.21 | $0.72 | $1.64 | $1.33 | $1.11 | $0.61 | $1.72 | $1.15 | $0.95 | $0.06 | $1.32 | $1.19 | $0.52 | $-0.60 | $1.16 | $1.02 | $0.51 | $0.68 | $1.72 | $0.82 | $0.31 | $-0.15 | $-1.35 | $0.62 |
| High Forecast | $2.04 | $1.64 | $1.43 | $0.81 | $1.84 | $1.46 | $1.25 | $0.74 | $1.69 | $1.37 | $1.15 | $0.83 | $1.78 | $1.19 | $1.04 | $0.20 | $1.36 | $1.23 | $0.54 | $-0.59 | $1.16 | $1.03 | $0.52 | $0.69 | $1.74 | $0.83 | $0.31 | $-0.15 | $-1.33 | $0.63 |
| Low Forecast | $1.93 | $1.55 | $1.36 | $0.76 | $1.75 | $1.38 | $1.18 | $0.70 | $1.60 | $1.30 | $1.09 | $0.47 | $1.68 | $1.12 | $0.87 | $-0.14 | $1.29 | $1.17 | $0.51 | $-0.62 | $1.16 | $1.00 | $0.51 | $0.67 | $1.69 | $0.81 | $0.30 | $-0.15 | $-1.37 | $0.61 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 0.92% | 0.97% | 1.20% | 1.14% | 0.80% | 0.80% | 1.19% | 0.42% | 0.96% | 0.90% | 0.84% | -1.62% | 0.89% | 1.34% |
According to 4 Wall Street analysts, Brinker's projected average Quarter EPS for Mar 24 is $1.15, with a low estimate of $1.12 and a high estimate of $1.19. This represents a 20.79% increase compared to EAT previous annual EPS of $0.95 (Dec 23).
Brinker Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| DIN | Dine Brands Global | $30.75 | $62.63 | 103.67% | Buy |
| DENN | Denny's | $6.04 | $11.75 | 94.54% | Hold |
| PZZA | Papa John's | $46.93 | $82.89 | 76.62% | Buy |
| JACK | Jack in the Box | $45.84 | $77.50 | 69.07% | Buy |
| BLMN | Bloomin' Brands | $16.84 | $25.50 | 51.43% | Hold |
| BJRI | BJ's Restaurants | $29.52 | $39.60 | 34.15% | Buy |
| CHUY | Chuy's | $37.29 | $39.25 | 5.26% | Hold |
| TXRH | Texas Roadhouse | $161.81 | $148.40 | -8.29% | Hold |
| EAT | Brinker | $69.14 | $55.30 | -20.02% | Hold |
EAT Forecast FAQ
Is Brinker a good buy?
No, according to 19 Wall Street analysts, Brinker (EAT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 42.11% of EAT's total ratings.
What is EAT's price target?
Brinker (EAT) average price target is $55.3 with a range of $28 to $90, implying a -20.02% from its last price of $69.14. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Brinker stock go up soon?
According to Wall Street analysts' prediction for EAT stock, the company can go down by -20.02% (from the last price of $69.14 to the average price target of $55.3), up by 30.17% based on the highest stock price target, and down by -59.50% based on the lowest stock price target.
Can Brinker stock reach $100?
EAT's average twelve months analyst stock price target of $55.3 does not support the claim that Brinker can reach $100 in the near future.
What is Brinker's current price target trend?
7 Wall Street analysts forecast a $64.29 price target for Brinker (EAT) this month, down -7.01% from its last price of $69.14. Compared to the last 3 and 12 months, the average price target decreased by -2.46% and decreased by -6.77%, respectively.
What are Brinker's analysts' financial forecasts?
Brinker's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $4.71B (high $4.83B, low $4.64B), average EBITDA is $439.21M (high $450.36M, low $432.2M), average net income is $237.05M (high $244.88M, low $232.14M), average SG&A $189.86M (high $194.68M, low $186.83M), and average EPS is $5.12 (high $5.29, low $5.01). EAT's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $4.82B (high $4.94B, low $4.74B), average EBITDA is $449.2M (high $460.61M, low $442.04M), average net income is $264.97M (high $273.72M, low $259.48M), average SG&A $194.18M (high $199.11M, low $191.08M), and average EPS is $5.72 (high $5.91, low $5.6).
Did the EAT's actual financial results beat the analysts' financial forecasts?
Based on Brinker's last annual report (Jun 2023), the company's revenue was $4.13B, beating the average analysts forecast of $4.09B by 1.18%. Apple's EBITDA was $335.4M, missing the average prediction of $376.56M by -10.93%. The company's net income was $102.6M, missing the average estimation of $141.89M by -27.69%. Apple's SG&A was $154.5M, missing the average forecast of $165.52M by -6.66%. Lastly, the company's EPS was $2.33, missing the average prediction of $2.43 by -4.02%. In terms of the last quarterly report (Dec 2023), Brinker's revenue was $1.07B, missing the average analysts' forecast of $1.08B by -0.42%. The company's EBITDA was $103.8M, beating the average prediction of $100.57M by 3.21%. Brinker's net income was $42.1M, missing the average estimation of $44.06M by -4.45%. The company's SG&A was $43.2M, missing the average forecast of $43.48M by -0.64%. Lastly, the company's EPS was $0.95, missing the average prediction of $0.952 by -0.17%