Red Robin Gourmet Burgers (NASDAQ:RRGB) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Posted by Stanley Muller on Jul 17th, 2026

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.34 and traded as high as $7.36. Red Robin Gourmet Burgers shares last traded at $7.03, with a volume of 140,545 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have commented on RRGB shares. UBS Group set a $8.00 price target on shares of Red Robin Gourmet Burgers in a research note on Wednesday, June 3rd. Wall Street Zen cut shares of Red Robin Gourmet Burgers from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Benchmark reaffirmed a “buy” rating on shares of Red Robin Gourmet Burgers in a report on Wednesday, June 3rd. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Red Robin Gourmet Burgers in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $7.67.

Check Out Our Latest Analysis on RRGB

Red Robin Gourmet Burgers Trading Down 0.2%

The company has a market capitalization of $129.59 million, a PE ratio of -4.66 and a beta of 2.38. The stock has a fifty day moving average of $5.51 and a two-hundred day moving average of $4.36.

Red Robin Gourmet Burgers (NASDAQ:RRGB – Get Free Report) last issued its earnings results on Tuesday, May 19th. The restaurant operator reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08). The business had revenue of $378.26 million during the quarter, compared to analyst estimates of $273.29 million. Equities analysts forecast that Red Robin Gourmet Burgers, Inc. will post -0.5 EPS for the current year.

Hedge Funds Weigh In On Red Robin Gourmet Burgers

Institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets raised its position in Red Robin Gourmet Burgers by 503.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 5,379 shares of the restaurant operator’s stock worth $31,000 after purchasing an additional 4,487 shares during the period. Jain Global LLC purchased a new stake in Red Robin Gourmet Burgers during the fourth quarter valued at about $47,000. Osaic Holdings Inc. boosted its position in Red Robin Gourmet Burgers by 152.6% during the second quarter. Osaic Holdings Inc. now owns 10,055 shares of the restaurant operator’s stock valued at $58,000 after buying an additional 6,075 shares during the period. MB Generational Wealth LLC bought a new position in shares of Red Robin Gourmet Burgers during the first quarter valued at about $59,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Red Robin Gourmet Burgers during the first quarter valued at about $61,000. Institutional investors own 84.04% of the company’s stock.

Red Robin Gourmet Burgers Company Profile

(Get Free Report)

Red Robin Gourmet Burgers, Inc, trading on NASDAQ under the ticker RRGB, is a leading casual dining restaurant company headquartered in Greenwood Village, Colorado. The company specializes in offering a diverse menu centered on gourmet burgers, bottomless steak fries, salads, sandwiches and a selection of alcoholic beverages. Red Robin operates restaurants under its flagship Red Robin® brand, serving guests through both dine-in and off-premises channels, including delivery and carry-out. The company also leverages technology and loyalty programs to enhance the guest experience and drive repeat visits.

Founded in 1969 in Seattle, Washington, Red Robin began as a small tavern before evolving into a family-friendly restaurant concept focused on premium burgers.