Oppenheimer Boosts Cheesecake Factory (NASDAQ:CAKE) Price Target to $91.00

Posted by Brenda Bartman on Jul 27th, 2026

Cheesecake Factory (NASDAQ:CAKE – Get Free Report) had its target price raised by research analysts at Oppenheimer from $72.00 to $91.00 in a report released on Monday. The brokerage presently has an “outperform” rating on the restaurant operator’s stock. Oppenheimer’s target price suggests a potential upside of 7.41% from the company’s previous close.

A number of other equities analysts also recently weighed in on CAKE. Citigroup boosted their target price on Cheesecake Factory from $76.00 to $90.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Bank of America lifted their price target on Cheesecake Factory from $66.00 to $79.00 and gave the stock a “neutral” rating in a report on Thursday, July 2nd. Weiss Ratings raised Cheesecake Factory from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 14th. Northcoast Research downgraded Cheesecake Factory from a “buy” rating to a “neutral” rating in a research note on Monday, June 15th. Finally, Barclays raised their target price on Cheesecake Factory from $58.00 to $60.00 and gave the company an “underweight” rating in a research report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Cheesecake Factory has a consensus rating of “Hold” and an average target price of $70.00.

View Our Latest Stock Analysis on CAKE

Cheesecake Factory Stock Performance

Shares of CAKE stock opened at $84.72 on Monday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.59 and a quick ratio of 0.53. The firm has a 50-day moving average of $74.00 and a 200-day moving average of $64.84. Cheesecake Factory has a one year low of $43.07 and a one year high of $87.90. The company has a market cap of $4.21 billion, a P/E ratio of 24.77, a P/E/G ratio of 1.98 and a beta of 1.01.

Cheesecake Factory (NASDAQ:CAKE – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.02. Cheesecake Factory had a net margin of 4.34% and a return on equity of 43.74%. The business had revenue of $978.83 million for the quarter, compared to analysts’ expectations of $964.57 million. During the same period in the previous year, the company earned $0.93 earnings per share. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. Equities research analysts forecast that Cheesecake Factory will post 4.03 EPS for the current fiscal year.

Insider Buying and Selling at Cheesecake Factory

In other Cheesecake Factory news, Director Alexander L. Cappello sold 2,490 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $64.90, for a total value of $161,601.00. Following the sale, the director directly owned 6,171 shares in the company, valued at $400,497.90. The trade was a 28.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman David Overton sold 104,000 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $61.02, for a total value of $6,346,080.00. Following the transaction, the chairman directly owned 3,079,779 shares in the company, valued at $187,928,114.58. This represents a 3.27% decrease in their position. The disclosure for this sale is available in the SEC filing. 8.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Cheesecake Factory

Several institutional investors have recently added to or reduced their stakes in CAKE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Cheesecake Factory by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,742 shares of the restaurant operator’s stock worth $1,399,000 after purchasing an additional 1,268 shares during the period. Woodline Partners LP grew its stake in Cheesecake Factory by 30.9% in the 1st quarter. Woodline Partners LP now owns 92,664 shares of the restaurant operator’s stock valued at $4,509,000 after buying an additional 21,887 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Cheesecake Factory by 8.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 109,800 shares of the restaurant operator’s stock valued at $5,343,000 after buying an additional 8,592 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Cheesecake Factory by 32.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,333 shares of the restaurant operator’s stock valued at $83,000 after purchasing an additional 323 shares during the period. Finally, First Trust Advisors LP boosted its stake in Cheesecake Factory by 5.0% in the 2nd quarter. First Trust Advisors LP now owns 112,020 shares of the restaurant operator’s stock worth $7,019,000 after purchasing an additional 5,326 shares during the period. 94.48% of the stock is owned by hedge funds and other institutional investors.

About Cheesecake Factory

(Get Free Report)

The Cheesecake Factory Incorporated (NASDAQ:CAKE) is an American restaurant company and distributor renowned for its full-service casual-dining concept and specialty cheesecakes. Headquartered in Calabasas Hills, California, the company operates more than 200 restaurants under The Cheesecake Factory® brand across the United States, Puerto Rico and select international markets. In addition to sit-down dining, Cheesecake Factory franchised locations offer catering and take-out services, while a separate manufacturing arm supplies branded cheesecakes and desserts to supermarkets, hotels and other foodservice operators.

The origins of the brand trace back to a small cheesecake bakery founded in Detroit in the 1940s.