Analysts Set BJ’s Restaurants, Inc. (NASDAQ:BJRI) Price Target at $42.38

BJ’s Restaurants, Inc. (NASDAQ:BJRI) has received a consensus rating of “Hold” from the ten brokerages that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $42.3750.

A number of brokerages have issued reports on BJRI. DA Davidson began coverage on shares of BJ’s Restaurants in a research report on Friday, March 6th. They set a “neutral” rating and a $38.00 price objective on the stock. Mizuho raised their target price on shares of BJ’s Restaurants from $39.00 to $42.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Citigroup lifted their price target on BJ’s Restaurants from $45.00 to $49.00 and gave the company a “neutral” rating in a research report on Thursday, February 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of BJ’s Restaurants in a research report on Monday, December 29th. Finally, Barclays increased their price target on shares of BJ’s Restaurants from $39.00 to $42.00 and gave the stock an “underweight” rating in a research note on Thursday, February 26th.

More BJ’s Restaurants News

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

• Positive Sentiment: Company director C. Bradford Richmond purchased 1,000 shares at about $34.05, raising his stake to 18,700 shares — a vote of confidence from management that can help support the share price. Read More.
• Neutral Sentiment: BJ’s rolled out a limited‑time “Monster Pizookie®” promotion (started March 12) — a marketing push that could modestly boost traffic and same-store sales if it gains traction. Read More.
• Neutral Sentiment: Recent short‑interest figures reported anomalous values (0 shares / NaN changes and 0.0 days‑to‑cover), indicating a likely data/reporting error rather than meaningful short‑squeeze risk or bearish positioning. Read More.
• Neutral Sentiment: Context: BJ’s beat on the top and bottom lines in its Feb. 25 quarter (EPS $0.66 vs. $0.60 est.; revenue $355.4M), a recent positive fundamental datapoint that investors will compare against revised forecasts. Read More.
• Negative Sentiment: Zacks Research cut multiple near‑ and medium‑term EPS estimates (several quarters and FY2026–FY2028), trimming FY2026 to $2.18 from $2.24 and flagging Q3 2026 at just $0.03 — broad downward revisions that increase uncertainty about earnings momentum and are a headwind for the stock. Read More.

Insiders Place Their Bets

In related news, Director C Bradford Richmond acquired 1,200 shares of the stock in a transaction on Tuesday, March 3rd. The stock was acquired at an average price of $35.10 per share, for a total transaction of $42,120.00. Following the completion of the purchase, the director owned 16,700 shares of the company’s stock, valued at $586,170. This represents a 7.74% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders purchased 3,200 shares of company stock worth $110,670. 4.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On BJ’s Restaurants

A number of hedge funds have recently bought and sold shares of BJRI. GAMMA Investing LLC grew its position in BJ’s Restaurants by 39.3% during the 4th quarter. GAMMA Investing LLC now owns 939 shares of the restaurant operator’s stock valued at $37,000 after purchasing an additional 265 shares during the last quarter. Ameritas Investment Partners Inc. raised its holdings in shares of BJ’s Restaurants by 18.0% during the second quarter. Ameritas Investment Partners Inc. now owns 2,189 shares of the restaurant operator’s stock valued at $98,000 after purchasing an additional 334 shares during the last quarter. Prudential Financial Inc. raised its stake in BJ’s Restaurants by 1.8% during the 2nd quarter. Prudential Financial Inc. now owns 23,034 shares of the restaurant operator’s stock valued at $1,027,000 after buying an additional 397 shares during the last quarter. US Bancorp DE increased its position in BJ’s Restaurants by 14.5% during the third quarter. US Bancorp DE now owns 3,305 shares of the restaurant operator’s stock valued at $101,000 after acquiring an additional 418 shares during the last quarter. Finally, CWM LLC grew its position in BJ’s Restaurants by 187.7% during the fourth quarter. CWM LLC now owns 699 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 456 shares during the period. Institutional investors own 99.95% of the company’s stock.

BJ’s Restaurants Price Performance

Shares of BJRI stock opened at $33.42 on Tuesday. The firm has a market cap of $708.50 million, a P/E ratio of 15.54, a P/E/G ratio of 1.07 and a beta of 1.32. BJ’s Restaurants has a fifty-two week low of $28.46 and a fifty-two week high of $47.02. The business’s 50 day moving average price is $41.19 and its 200-day moving average price is $36.97. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.33 and a current ratio of 0.40.

BJ’s Restaurants (NASDAQ:BJRI) last announced its earnings results on Wednesday, February 25th. The restaurant operator reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.06. BJ’s Restaurants had a return on equity of 13.82% and a net margin of 3.49%.The company had revenue of $355.40 million during the quarter, compared to the consensus estimate of $353.71 million. During the same quarter in the prior year, the company earned $0.47 earnings per share. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. On average, equities research analysts anticipate that BJ’s Restaurants will post 1.5 earnings per share for the current year.

About BJ’s Restaurants

BJ’s Restaurants, Inc is a publicly traded casual dining chain known for its deep‐dish pizzas, California‐style thin crust offerings and in‐house craft beer selections. Operating under the BJ’s Restaurant & Brewhouse brand, the company combines a microbrewery concept with full‐service dining, offering an extensive menu that includes appetizers, salads, pasta dishes, sandwiches and the signature Pizookie dessert.

Founded in 1978 in Orange County, California, BJ’s Restaurants began as BJ’s Chicago Pizzeria, bringing a Chicago‐style pizza experience to the West Coast.