Brinker International (NYSE:EAT – Get Free Report) had its price target increased by analysts at Morgan Stanley from $207.00 to $250.00 in a research report issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the restaurant operator’s stock. Morgan Stanley’s price target indicates a potential upside of 1.60% from the company’s current price.
Several other equities analysts have also commented on EAT. TD Cowen increased their price target on Brinker International from $210.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday. Stephens boosted their price objective on Brinker International from $220.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday. Wells Fargo & Company upped their price objective on Brinker International from $220.00 to $280.00 and gave the stock an “overweight” rating in a research note on Thursday. Barclays upped their price objective on Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Finally, KeyCorp increased their target price on Brinker International from $204.00 to $275.00 and gave the stock an “overweight” rating in a research report on Thursday. Sixteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $225.70.
Check Out Our Latest Research Report on EAT
Brinker International Stock Performance
Brinker International (NYSE:EAT – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share for the quarter, missing the consensus estimate of $3.09 by ($0.02). Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter last year, the company earned $2.30 EPS. Brinker International’s 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. On average, equities analysts expect that Brinker International will post 10.76 EPS for the current year.
Institutional Trading of Brinker International
Several large investors have recently added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Brinker International during the 2nd quarter valued at $13,417,000. Quantbot Technologies LP acquired a new position in Brinker International during the 2nd quarter worth $1,280,000. Landscape Capital Management L.L.C. bought a new position in shares of Brinker International in the second quarter worth $696,000. Ieq Capital LLC bought a new position in shares of Brinker International in the second quarter worth $3,198,000. Finally, Callan Family Office LLC bought a new position in shares of Brinker International in the second quarter worth $2,258,000.
Key Stories Impacting Brinker International
Here are the key news stories impacting Brinker International this week:
- Positive Sentiment: Above-consensus fiscal 2027 outlook: Brinker forecast adjusted EPS of $12.60–$13.40 and revenue of $6.2–$6.3 billion, exceeding consensus estimates of $12.47 EPS and $6.1 billion in revenue. Brinker fiscal 2026 results and fiscal 2027 guidance
- Positive Sentiment: Continued Chili’s sales momentum: Chili’s delivered its fifth consecutive year of same-store sales growth, with cumulative gains of 71% over that period. New chicken-sandwich offerings and increased focus on takeout and digital ordering are supporting traffic and sales. MarketWatch Chili’s chicken-sandwich sales
- Positive Sentiment: Analyst targets rose sharply: Stephens raised its target to $300 and maintained an overweight rating; KeyCorp lifted its target to $275 and kept an overweight rating; Mizuho raised its target to $275 with an outperform rating; and TD Cowen increased its target to $270 with a buy rating. DA Davidson also raised its target to $260, though it retained a neutral rating. Analyst forecasts following Brinker earnings
- Positive Sentiment: Profitability and shareholder returns: Management reported expanding earnings, announced an expanded share-buyback program, and highlighted growing momentum across the business.
- Neutral Sentiment: Solid but mixed quarterly results: Fiscal fourth-quarter revenue rose 5.1% year over year to $1.54 billion, slightly above estimates, while EPS of $3.07 was narrowly below the $3.09 consensus. EPS still increased from the prior-year quarter.
- Negative Sentiment: Valuation and cautious ratings remain risks: BMO Capital Markets raised its target to $230 but maintained a market-perform rating, leaving its target below the referenced share price. The stock is also trading near its 52-week high, which may limit near-term upside if growth expectations soften.
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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