Brinker International (EAT) Stock Forecast & Price Target

$75.59

-1.21 (-1.58%)

(As of 09/27/2024 ET)

Brinker International - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 16 Analyst Ratings

Sell
3

Hold
6

Buy
7

Based on 16 Wall Street analysts who have issued ratings for Brinker International in the last 12 months, the stock has a consensus rating of "Hold." Out of the 16 analysts, 3 have given a sell rating, 6 have given a hold rating, and 7 have given a buy rating for EAT.

Consensus Price Target

$63.53
-15.95% Downside

According to the 16 analysts' twelve-month price targets for Brinker International, the average price target is $63.53. The highest price target for EAT is $90.00, while the lowest price target for EAT is $46.00. The average price target represents a forecasted downside of -15.95% from the current price of $75.59.

EAT Analyst Ratings Over Time

Type	Current Forecast 9/29/23 to 9/28/24	1 Month Ago 8/30/23 to 8/29/24	3 Months Ago 7/1/23 to 6/30/24	1 Year Ago 9/29/22 to 9/29/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)
Hold	6 Hold rating(s)	7 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)
Sell	3 Sell rating(s)	3 Sell rating(s)	2 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$63.53	$61.85	$52.00	$38.07
Forecasted Upside	-15.95% Downside	-11.87% Downside	-28.17% Downside	20.50% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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EAT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

EAT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Brinker International Stock vs. The Competition

Type	Brinker International	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.25	2.49	2.50
Consensus Rating	Hold	Hold	Hold
Predicted Upside	-15.99% Downside	36.11% Upside	6.13% Upside
News Sentiment Rating	Positive News See Recent EAT News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/15/2024	Bank of America 4 of 5 stars		Boost Target	Underperform ➝ Underperform	$58.00 ➝ $63.00	-6.57%
8/15/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Underweight ➝ Underweight	$45.00 ➝ $50.00	-24.76%
8/15/2024	Barclays 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$53.00 ➝ $66.00	-1.21%
8/15/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$68.00 ➝ $68.00	+7.94%
8/15/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$85.00 ➝ $80.00	+26.98%
8/15/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	In-Line ➝ In-Line	$65.00 ➝ $69.00	+9.52%
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8/15/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sector Weight ➝ Overweight	$72.00	+14.29%
7/16/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$42.00 ➝ $50.00	-21.53%
7/8/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Vaccaro Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Outperform	$62.00 ➝ $82.50	+16.57%
6/25/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$62.00 ➝ $90.00	+22.22%
5/28/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$48.00 ➝ $62.00	-6.51%
5/21/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Selesky Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$72.00	+11.54%
4/24/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$46.00 ➝ $50.00	+4.19%
4/16/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$47.00 ➝ $48.00	+6.90%
2/1/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$43.00 ➝ $46.00	+2.72%
1/16/2024	Gordon Haskett Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$48.00	+25.65%
9/22/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$40.00 ➝ $35.00	+10.31%
8/17/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$42.00 ➝ $39.00	+13.50%
5/4/2023	51job Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Reiterates
5/2/2023	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
1/24/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$34.00 ➝ $38.00	+1.52%
12/12/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Sell	$31.00 ➝ $28.00	-20.57%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 03:05 PM ET.

EAT Forecast - Frequently Asked Questions

: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Brinker International is $63.53, with a high forecast of $90.00 and a low forecast of $46.00.
: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brinker International in the last twelve months. There are currently 3 sell ratings, 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EAT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EAT, but not buy additional shares or sell existing shares.
: According to analysts, Brinker International's stock has a predicted downside of -15.95% based on their 12-month stock forecasts.
: Over the previous 90 days, Brinker International's stock had 1 upgrade and 1 downgrade by analysts.
: Brinker International has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Evercore ISI, KeyCorp, Morgan Stanley, Raymond James, Wedbush, and Wells Fargo & Company in the past 90 days.
: Analysts like Brinker International less than other "retail/wholesale" companies. The consensus rating score for Brinker International is 2.25 while the average consensus rating score for "retail/wholesale" companies is 2.49. Learn more on how EAT compares to other companies.