Red Robin Gourmet Burgers (RRGB) Stock Forecast, Price Target & Predictions
RRGB Stock Forecast
Red Robin Gourmet Burgers (RRGB) stock forecast, based on 35 Wall Street analysts, predicts a 12-month average price target of $13.25, with a high of $17.00 and a low of $7.50. This represents a 146.28% increase from the last price of $5.38.
RRGB Stock Rating
Red Robin Gourmet Burgers stock's rating consensus is Hold, based on 35 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 13 Buy (37.14%), 21 Hold (60.00%), 1 Sell (2.86%), and 0 Strong Sell (0.00%).
Hold
RRGB Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Red Robin Gourmet Burgers | 146.28% |
Sector | Consumer Cyclical Stocks | 16.11% |
Industry | Restaurants Stocks | 11.55% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 2 |
Avg Price Target | - | - | $13.25 |
Last Closing Price | $5.38 | $5.38 | $5.38 |
Upside/Downside | - | - | 146.28% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jun, 25 | - | 3 | 1 | - | - | 4 |
May, 25 | 1 | 3 | 1 | - | - | 5 |
Apr, 25 | 1 | 3 | 1 | - | - | 5 |
Mar, 25 | 1 | 3 | 1 | - | - | 5 |
Feb, 25 | - | 3 | 2 | - | - | 5 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 23, 2024 | Jeremy Hamblin | Craig-Hallum | $11.50 | $4.29 | 168.07% | 113.75% |
Aug 14, 2024 | Jeremy Hamblin | Craig-Hallum | $15.00 | $4.74 | 216.46% | 178.81% |
May 30, 2024 | Mark Smith | Loop Capital Markets | $17.00 | $8.07 | 110.66% | 215.99% |
May 30, 2024 | Mark Smith | Lake Street | $17.00 | $7.99 | 112.77% | 215.99% |
Apr 30, 2024 | Mark Smith | Loop Capital Markets | $16.00 | $7.55 | 111.92% | 197.40% |
Dec 21, 2022 | Jefferies | $7.50 | $6.63 | 13.12% | 39.41% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 20, 2024 | Benchmark | Buy | Buy | hold |
Aug 14, 2024 | Craig-Hallum | Buy | Buy | hold |
May 30, 2024 | Lake Street | Buy | Buy | hold |
Apr 30, 2024 | Lake Street | Buy | initialise | |
Apr 25, 2024 | Craig-Hallum | Buy | initialise |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $-19.29 | $-3.19 | $-4.91 | $-1.34 | $-4.93 | - | - | - | - |
Avg Forecast | $-10.45 | $-2.12 | $-2.53 | $-1.23 | $-2.87 | $-1.76 | $-0.93 | - | - |
High Forecast | $-10.39 | $-2.11 | $-2.51 | $-1.21 | $-2.84 | $-1.67 | $-0.89 | - | - |
Low Forecast | $-10.49 | $-2.13 | $-2.54 | $-1.26 | $-2.89 | $-1.83 | $-0.96 | - | - |
Surprise % | 84.59% | 50.47% | 94.07% | 8.94% | 71.78% | - | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $868.72M | $1.16B | $1.27B | $1.30B | $1.25B | - | - | - | - |
Avg Forecast | $887.45M | $1.17B | $1.27B | $1.30B | $1.25B | $1.26B | $1.28B | $1.39B | $1.47B |
High Forecast | $890.13M | $1.17B | $1.27B | $1.31B | $1.26B | $1.27B | $1.28B | $1.40B | $1.48B |
Low Forecast | $883.57M | $1.16B | $1.26B | $1.30B | $1.24B | $1.25B | $1.28B | $1.39B | $1.46B |
Surprise % | -2.11% | -0.37% | 0.09% | 0.30% | 0.20% | - | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $-276.07M | $-50.00M | $-77.80M | $-21.23M | $-77.54M | - | - | - | - |
Avg Forecast | $-165.45M | $-33.62M | $-40.06M | $-19.61M | $-45.43M | $-27.74M | $-14.67M | - | - |
High Forecast | $-164.51M | $-33.43M | $-39.73M | $-19.21M | $-45.04M | $-26.46M | $-14.07M | - | - |
Low Forecast | $-166.10M | $-33.76M | $-40.27M | $-20.01M | $-45.82M | $-29.02M | $-15.28M | - | - |
Surprise % | 66.86% | 48.71% | 94.20% | 8.25% | 70.67% | - | - | - | - |