BJ’s Restaurants (NASDAQ:BJRI) Stock Moved Up to “Buy” by Wall Street Zen

Wall Street Zen upgraded shares of BJ’s Restaurants (NASDAQ:BJRI) from a hold rating to a buy rating in a research note issued to investors on Saturday,Wall Street Zen reports.

Other research analysts have also recently issued research reports about the company. DA Davidson set a $65.00 target price on BJ’s Restaurants in a research report on Friday, July 31st. Zacks Research cut BJ’s Restaurants from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 15th. Mizuho raised shares of BJ’s Restaurants from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $74.00 to $76.00 in a report on Thursday, October 1st. William Blair upgraded shares of BJ’s Restaurants from a “market perform” rating to an “outperform” rating in a research note on Friday, July 17th. Finally, Citigroup reduced their target price on shares of BJ’s Restaurants from $75.00 to $70.00 and set a “neutral” rating for the company in a research note on Friday, October 23rd. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $62.00.

BJ’s Restaurants Price Performance

BJRI stock opened at $55.67 on Friday. The company has a market capitalization of $1.18 billion, a P/E ratio of 26.64, a price-to-earnings-growth ratio of 1.69 and a beta of 1.46. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.22 and a current ratio of 0.29. BJ’s Restaurants has a 52-week low of $33.36 and a 52-week high of $74.60. The business has a 50-day simple moving average of $60.18 and a two-hundred day simple moving average of $51.29.

BJ’s Restaurants (NASDAQ:BJRI) last issued its quarterly earnings data on Thursday, November 5th. The restaurant operator reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.16. The firm had revenue of $358.63 million during the quarter, compared to analyst estimates of $346.68 million. BJ’s Restaurants had a return on equity of 14.47% and a net margin of 3.13%. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.04 EPS. Research analysts expect that BJ’s Restaurants will post 2.38 EPS for the current fiscal year.

Insider Buying and Selling at BJ’s Restaurants

In other BJ’s Restaurants news, Director C Richmond acquired 753 shares of the business’s stock in a transaction on Monday, August 31st. The shares were acquired at an average price of $63.25 per share, with a total value of $47,627.25. Following the completion of the transaction, the director owned 35,500 shares in the company, valued at approximately $2,245,375. This trade represents a 2.17% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Noah Elbogen sold 7,535 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $70.14, for a total value of $528,504.90. Following the completion of the transaction, the director owned 71,655 shares of the company’s stock, valued at $5,025,881.70. This trade represents a 9.52% decrease in their position. The SEC filing for this sale provides additional information. 2.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On BJ’s Restaurants

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE bought a new position in shares of BJ’s Restaurants during the 2nd quarter valued at approximately $9,476,000. Legal & General Group Plc purchased a new stake in shares of BJ’s Restaurants during the 2nd quarter worth approximately $2,697,000. Bank of New York Mellon Corp purchased a new stake in shares of BJ’s Restaurants during the 2nd quarter worth approximately $7,516,000. Canada Pension Plan Investment Board purchased a new stake in shares of BJ’s Restaurants during the 2nd quarter worth approximately $1,713,000. Finally, Empowered Funds LLC bought a new stake in shares of BJ’s Restaurants in the 2nd quarter worth approximately $5,892,000. Institutional investors own 99.95% of the company’s stock.

Trending Headlines about BJ’s Restaurants

Here are the key news stories impacting BJ’s Restaurants this week:

• Positive Sentiment: Q3 revenue rose 8.6% year over year to $358.6 million, exceeding estimates of about $346.7 million. Adjusted earnings were $0.33 per share, above analyst forecasts of $0.14–$0.17 and up from $0.04 a year earlier. BJ’s Restaurants Q3 2026 results
• Positive Sentiment: Comparable restaurant sales increased 8.1%, and the company raised its fiscal 2026 financial guidance—signs of solid demand and improved expectations for the year. BJ’s Restaurants Q3 2026 results
• Neutral Sentiment: BJ’s introduced a seasonal holiday menu, including new steakhouse-inspired dishes and a returning Biscoff Pizookie. The launch may support seasonal traffic, though its financial impact is not yet known. BJ’s holiday menu announcement
• Negative Sentiment: Despite the earnings beat and raised outlook, BJRI shares declined. The available report highlights the contrast but does not identify a specific cause for the weak share reaction. BJ’s Restaurants falls despite strong Q3 results

About BJ’s Restaurants

BJ’s Restaurants, Inc (NASDAQ: BJRI) operates and develops casual dining restaurants under the BJ’s Restaurant & Brewhouse brand. Its restaurants offer a broad menu centered on deep-dish pizza, along with appetizers, salads, sandwiches, burgers, entrees, desserts and other American-style dishes.

The company is also known for producing and serving craft beer, including its proprietary BJ’s beers, at many of its locations. Its restaurants typically combine full-service dining with a brewery-inspired atmosphere and offer dine-in, takeout, delivery and catering services, depending on the location.

BJ’s traces its origins to 1978, when the first restaurant opened in Southern California.