Brinker International (NYSE:EAT – Get Free Report) had its price target hoisted by investment analysts at Bank of America from $224.00 to $310.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the restaurant operator’s stock. Bank of America‘s price target points to a potential upside of 29.43% from the stock’s previous close.
A number of other analysts also recently issued reports on EAT. UBS Group increased their target price on shares of Brinker International from $190.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday. Mizuho raised their price objective on Brinker International from $175.00 to $275.00 and gave the company an “outperform” rating in a research note on Thursday. Citigroup raised their price target on shares of Brinker International from $227.00 to $282.00 and gave the stock a “buy” rating in a research report on Thursday. Weiss Ratings upgraded shares of Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday. Finally, DA Davidson boosted their price target on Brinker International from $160.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday. Sixteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $234.35.
View Our Latest Stock Report on Brinker International
Brinker International Trading Down 2.6%
Brinker International (NYSE:EAT – Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). Brinker International had a return on equity of 127.82% and a net margin of 8.39%.The firm had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.53 billion. During the same quarter last year, the firm earned $2.30 earnings per share. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Equities analysts forecast that Brinker International will post 12.84 EPS for the current fiscal year.
Institutional Investors Weigh In On Brinker International
A number of institutional investors and hedge funds have recently modified their holdings of EAT. Swedbank AB acquired a new stake in shares of Brinker International during the first quarter worth $3,855,000. Hsbc Holdings PLC increased its stake in Brinker International by 155.9% in the 4th quarter. Hsbc Holdings PLC now owns 33,416 shares of the restaurant operator’s stock worth $4,803,000 after purchasing an additional 20,356 shares in the last quarter. Integrated Advisors Network LLC lifted its stake in Brinker International by 357.3% during the first quarter. Integrated Advisors Network LLC now owns 7,550 shares of the restaurant operator’s stock valued at $1,078,000 after buying an additional 5,899 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Brinker International by 78.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 143,484 shares of the restaurant operator’s stock worth $20,568,000 after acquiring an additional 62,878 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in shares of Brinker International by 55.4% during the first quarter. Janus Henderson Group PLC now owns 30,366 shares of the restaurant operator’s stock valued at $4,337,000 after acquiring an additional 10,826 shares during the period.
Brinker International News Roundup
Here are the key news stories impacting Brinker International this week:
- Positive Sentiment: Strong Chili’s performance: Fiscal fourth-quarter revenue rose 5.1% year over year to $1.54 billion, exceeding expectations, while EPS increased from $2.30 to $3.07. Growth was driven by higher Chili’s sales and traffic, expanding margins and the popularity of its new chicken-sandwich offerings. Brinker Q4 Earnings Meet Estimates, Revenues Beat on Chili’s Growth
- Positive Sentiment: Above-consensus 2027 outlook: Brinker forecast fiscal 2027 EPS of $12.60–$13.40 and revenue of $6.2–$6.3 billion, above analysts’ estimates of $12.47 EPS and approximately $6.1 billion in revenue. Management also identified takeout and digital ordering as important areas for future growth. Chili’s Parent Wants a Bigger Slice of Fast Food’s Digital Business
- Positive Sentiment: Broad analyst optimism: Stephens raised its target to $300, Citi to $282, Wells Fargo to $280, KeyCorp to $275, Mizuho to $275, TD Cowen to $270, and Morgan Stanley to $250. Most firms maintained bullish ratings, reinforcing expectations that Brinker’s earnings momentum can continue. These Analysts Boost Their Forecasts On Brinker Following Q4 Earnings
- Neutral Sentiment: CEO Kevin Hochman’s interview with Jim Cramer highlighted brand strength, consumer trends and the company’s growth strategy, potentially supporting investor confidence. Brinker International CEO Kevin Hochman Sits Down With Jim Cramer
- Negative Sentiment: EPS of $3.07 was slightly below the reported consensus estimate of $3.09, creating a modest quarterly earnings miss. BMO Capital raised its target to $230 but retained a market-perform rating, below the stock’s recent trading level.
Brinker International Company Profile
Brinker International, Inc (NYSE: EAT) is a leading global operator of casual dining restaurants. The company’s portfolio is anchored by its flagship Chili’s® Grill & Bar concept and Maggiano’s® Little Italy full‐service restaurants, offering a range of American‐style menu items, handcrafted cocktails and family‐friendly dining experiences. Through dine‐in, takeout, delivery and catering services, Brinker seeks to meet consumer preferences across multiple channels.
The Chili’s brand features signature items such as baby back ribs, burgers and fajitas alongside a rotating selection of limited‐time offerings and seasonal beverages.
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