Brinker International (NYSE:EAT) Updates FY 2027 Earnings Guidance

Brinker International (NYSE:EAT) updated its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 12.600-13.400 for the period, compared to the consensus estimate of 12.470. The company issued revenue guidance of $6.2 billion-$6.3 billion, compared to the consensus revenue estimate of $6.1 billion.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Morgan Stanley boosted their price objective on shares of Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Citigroup increased their target price on Brinker International from $189.00 to $227.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. TD Cowen lifted their target price on Brinker International from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Wells Fargo & Company boosted their price target on Brinker International from $200.00 to $220.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Finally, Barclays increased their price objective on Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, Brinker International currently has an average rating of “Moderate Buy” and a consensus price target of $196.75.

Brinker International Price Performance

NYSE EAT opened at $220.86 on Wednesday. The stock has a market capitalization of $9.47 billion, a price-to-earnings ratio of 21.65, a PEG ratio of 1.35 and a beta of 1.23. Brinker International has a 1-year low of $100.30 and a 1-year high of $232.47. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35. The business’s fifty day moving average price is $180.87 and its 200-day moving average price is $159.07.

Brinker International News Summary

Here are the key news stories impacting Brinker International this week:

• Positive Sentiment: Brinker reported higher fiscal fourth-quarter profit and revenue, supported by continued momentum at Chili’s. The brand has now delivered five consecutive years of same-store sales growth, with cumulative growth of 71% over that period. Brinker International Revenue Climbs as Chili’s Growth Continues
• Positive Sentiment: Fiscal 2027 guidance exceeded analyst expectations: adjusted EPS is projected at $12.60-$13.40 versus consensus of $12.47, while revenue is expected at $6.2-$6.3 billion versus consensus of $6.1 billion. The outlook signals continued earnings and sales growth. Brinker Fiscal 2026 Results and Fiscal 2027 Guidance
• Positive Sentiment: UBS raised its price target for Brinker to $260 from $190 and maintained a “buy” rating, reflecting confidence in the company’s operating momentum and future earnings potential. UBS Raises Brinker International Price Target
• Neutral Sentiment: Before the results, analysts were expecting approximately $3.08 in quarterly EPS and $1.53 billion in revenue, making the earnings release an important test of whether Brinker could sustain its recent pattern of results above expectations. Analyst Expectations Ahead of Brinker Earnings
• Negative Sentiment: Some investors remain concerned that Brinker’s valuation has become too high after its strong advance, increasing the need for new growth opportunities beyond its current Chili’s momentum. That valuation pressure may be contributing to the stock’s weaker reaction despite favorable results. Brinker International Valuation Concerns

Hedge Funds Weigh In On Brinker International

Several institutional investors have recently made changes to their positions in EAT. Invesco Ltd. increased its holdings in Brinker International by 0.9% during the fourth quarter. Invesco Ltd. now owns 564,633 shares of the restaurant operator’s stock valued at $81,036,000 after buying an additional 5,064 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Brinker International by 51.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 12,880 shares of the restaurant operator’s stock worth $1,849,000 after acquiring an additional 4,372 shares during the last quarter. Mackenzie Financial Corp boosted its stake in shares of Brinker International by 111.8% during the 4th quarter. Mackenzie Financial Corp now owns 6,258 shares of the restaurant operator’s stock worth $892,000 after acquiring an additional 3,304 shares during the last quarter. Empowered Funds LLC grew its position in shares of Brinker International by 422.2% during the 4th quarter. Empowered Funds LLC now owns 58,637 shares of the restaurant operator’s stock valued at $8,416,000 after acquiring an additional 47,409 shares during the period. Finally, XTX Topco Ltd grew its position in shares of Brinker International by 160.8% during the 4th quarter. XTX Topco Ltd now owns 19,853 shares of the restaurant operator’s stock valued at $2,849,000 after acquiring an additional 12,240 shares during the period.

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.