BJ’s Restaurants (NASDAQ:BJRI) Upgraded to “Strong-Buy” at Zacks Research

Posted by Brian Himes on Aug 5th, 2026

BJ’s Restaurants (NASDAQ:BJRI – Get Free Report) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Several other analysts have also issued reports on BJRI. Piper Sandler boosted their target price on shares of BJ’s Restaurants from $40.00 to $43.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Citigroup boosted their price target on BJ’s Restaurants from $68.00 to $75.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Barclays decreased their price objective on BJ’s Restaurants from $42.00 to $38.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 6th. William Blair raised BJ’s Restaurants from a “market perform” rating to an “outperform” rating in a research report on Friday, July 17th. Finally, Weiss Ratings cut shares of BJ’s Restaurants from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, BJ’s Restaurants has an average rating of “Hold” and an average target price of $56.88.

Get Our Latest Research Report on BJRI

BJ’s Restaurants Stock Down 1.3%

Shares of NASDAQ:BJRI opened at $67.38 on Monday. The stock has a fifty day simple moving average of $57.66 and a two-hundred day simple moving average of $45.94. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 0.11. BJ’s Restaurants has a 12-month low of $28.46 and a 12-month high of $74.60. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 36.03, a PEG ratio of 2.08 and a beta of 1.32.

BJ’s Restaurants (NASDAQ:BJRI – Get Free Report) last announced its earnings results on Thursday, July 30th. The restaurant operator reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.04. BJ’s Restaurants had a net margin of 2.86% and a return on equity of 12.93%. The business had revenue of $388.89 million during the quarter, compared to analyst estimates of $377.07 million. During the same period in the previous year, the business earned $0.97 EPS. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. On average, research analysts anticipate that BJ’s Restaurants will post 2.35 earnings per share for the current fiscal year.

Insider Transactions at BJ’s Restaurants

In related news, EVP Kendra D. Miller sold 19,261 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $55.60, for a total value of $1,070,911.60. Following the sale, the executive vice president directly owned 28,599 shares in the company, valued at approximately $1,590,104.40. The trade was a 40.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Brian S. Krakower sold 7,341 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $55.17, for a total value of $405,002.97. Following the completion of the sale, the executive vice president owned 4,721 shares in the company, valued at $260,457.57. This represents a 60.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 63,817 shares of company stock valued at $3,384,688. 2.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. UBS Group AG grew its holdings in shares of BJ’s Restaurants by 576.9% in the third quarter. UBS Group AG now owns 1,451,883 shares of the restaurant operator’s stock valued at $44,326,000 after purchasing an additional 1,237,383 shares in the last quarter. Dimensional Fund Advisors LP raised its position in BJ’s Restaurants by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 1,114,685 shares of the restaurant operator’s stock valued at $39,125,000 after purchasing an additional 30,684 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in BJ’s Restaurants by 48.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 935,375 shares of the restaurant operator’s stock valued at $28,557,000 after buying an additional 306,930 shares during the period. Raymond James Financial Inc. lifted its position in BJ’s Restaurants by 67.3% in the third quarter. Raymond James Financial Inc. now owns 388,779 shares of the restaurant operator’s stock worth $11,869,000 after buying an additional 156,458 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in BJ’s Restaurants by 8.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 385,230 shares of the restaurant operator’s stock worth $15,178,000 after buying an additional 30,269 shares during the period. 99.95% of the stock is currently owned by institutional investors.

BJ’s Restaurants Company Profile

(Get Free Report)

BJ’s Restaurants, Inc is a publicly traded casual dining chain known for its deep‐dish pizzas, California‐style thin crust offerings and in‐house craft beer selections. Operating under the BJ’s Restaurant & Brewhouse brand, the company combines a microbrewery concept with full‐service dining, offering an extensive menu that includes appetizers, salads, pasta dishes, sandwiches and the signature Pizookie dessert.

Founded in 1978 in Orange County, California, BJ’s Restaurants began as BJ’s Chicago Pizzeria, bringing a Chicago‐style pizza experience to the West Coast.