Red Robin Gourmet Burgers (NASDAQ:RRGB) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Posted by Francis Steltz on Jul 25th, 2026

Shares of Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.46 and traded as high as $7.14. Red Robin Gourmet Burgers shares last traded at $7.13, with a volume of 104,829 shares.

Analyst Ratings Changes

Several equities analysts have recently issued reports on RRGB shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Red Robin Gourmet Burgers in a research note on Friday, July 17th. Wall Street Zen cut Red Robin Gourmet Burgers from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Benchmark restated a “buy” rating on shares of Red Robin Gourmet Burgers in a research report on Wednesday, June 3rd. Finally, UBS Group set a $8.00 target price on shares of Red Robin Gourmet Burgers in a research report on Wednesday, June 3rd. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Red Robin Gourmet Burgers currently has a consensus rating of “Hold” and an average price target of $7.67.

Read Our Latest Report on RRGB

Red Robin Gourmet Burgers Stock Performance

The firm’s 50-day simple moving average is $5.92 and its 200 day simple moving average is $4.48. The company has a market cap of $133.57 million, a P/E ratio of -4.81 and a beta of 2.38.

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

Hedge Funds Weigh In On Red Robin Gourmet Burgers

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RRGB. Dynamic Technology Lab Private Ltd bought a new stake in shares of Red Robin Gourmet Burgers in the 1st quarter valued at about $61,000. Goldman Sachs Group Inc. boosted its stake in Red Robin Gourmet Burgers by 38.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 84,625 shares of the restaurant operator’s stock worth $301,000 after acquiring an additional 23,638 shares during the last quarter. Jane Street Group LLC acquired a new position in Red Robin Gourmet Burgers during the first quarter valued at approximately $69,000. JPMorgan Chase & Co. grew its holdings in Red Robin Gourmet Burgers by 5,671.8% during the second quarter. JPMorgan Chase & Co. now owns 133,041 shares of the restaurant operator’s stock valued at $770,000 after purchasing an additional 130,736 shares during the period. Finally, XTX Topco Ltd increased its stake in Red Robin Gourmet Burgers by 128.7% in the second quarter. XTX Topco Ltd now owns 31,415 shares of the restaurant operator’s stock valued at $182,000 after purchasing an additional 17,679 shares in the last quarter. 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.