Brinker International (NYSE:EAT) Price Target Raised to $260.00 at DA Davidson

Brinker International (NYSE:EAT) had its price objective increased by research analysts at DA Davidson from $160.00 to $260.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the restaurant operator’s stock. DA Davidson’s price target would indicate a potential upside of 6.34% from the stock’s previous close.

A number of other research firms have also recently commented on EAT. TD Cowen raised their price target on Brinker International from $210.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday. KeyCorp upped their price objective on Brinker International from $204.00 to $275.00 and gave the stock an “overweight” rating in a research note on Thursday. Morgan Stanley increased their target price on Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Mizuho lifted their target price on Brinker International from $175.00 to $275.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Stephens boosted their price target on Brinker International from $220.00 to $300.00 and gave the stock an “overweight” rating in a report on Thursday. Sixteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $220.55.

Brinker International Price Performance

Shares of NYSE:EAT opened at $244.50 on Thursday. The company has a market capitalization of $10.49 billion, a P/E ratio of 23.97, a P/E/G ratio of 1.31 and a beta of 1.24. Brinker International has a 1-year low of $100.30 and a 1-year high of $252.52. The firm’s 50 day simple moving average is $182.95 and its two-hundred day simple moving average is $159.65. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35.

Brinker International (NYSE:EAT) last announced its quarterly earnings data on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The firm had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.53 billion. During the same period last year, the company earned $2.30 earnings per share. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Research analysts expect that Brinker International will post 10.76 EPS for the current fiscal year.

Institutional Trading of Brinker International

A number of large investors have recently added to or reduced their stakes in the company. Transamerica Financial Advisors LLC raised its holdings in shares of Brinker International by 570.4% during the 4th quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 154 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Brinker International in the third quarter valued at $25,000. Kilter Group LLC purchased a new position in shares of Brinker International in the second quarter valued at $35,000. Allworth Financial LP increased its position in Brinker International by 58.5% in the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 83 shares during the last quarter. Finally, Salomon & Ludwin LLC increased its position in Brinker International by 45.1% in the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after purchasing an additional 93 shares during the last quarter.

Brinker International News Summary

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

• Positive Sentiment: Strong Chili’s sales momentum: Chili’s delivered its fifth consecutive year of same-store sales growth, with cumulative comparable-sales gains reaching 71% over that period. New chicken-sandwich offerings and continued takeout and digital-ordering initiatives are helping the brand compete more effectively with fast-food restaurants. Brinker International fiscal 2026 results and fiscal 2027 guidance
• Positive Sentiment: Fiscal 2027 outlook topped expectations: Brinker projected adjusted EPS of $12.60-$13.40, above the $12.47 analyst consensus, and revenue of $6.2-$6.3 billion, ahead of the approximately $6.1 billion expected by Wall Street. The outlook signals confidence that sales growth and operating improvements can continue. MarketWatch article on Chili’s sales gains
• Positive Sentiment: Analyst support strengthened: TD Cowen raised its price target from $210 to $270 and assigned a Buy rating. UBS also increased its target to $260, while Bank of America reiterated its Buy rating after Brinker’s same-store sales performance and guidance exceeded expectations. Brinker hits new 52-week high on analyst upgrade
• Positive Sentiment: Profitability and shareholder returns: Management highlighted continued growth momentum and expanded share repurchases, which could support per-share earnings and investor sentiment. Quarterly revenue rose 5.1% year over year to $1.54 billion, exceeding the $1.53 billion consensus estimate. Brinker expands share buybacks
• Negative Sentiment: Minor quarterly EPS miss: Fiscal fourth-quarter EPS was $3.07, narrowly below the $3.09 consensus estimate, although it increased from $2.30 a year earlier. The modest miss appears outweighed by the revenue beat and stronger forward guidance. Brinker International quarterly earnings report

About Brinker International

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.