Bloomin' Brands (NASDAQ:BLMN) Price Target Raised to $9.50

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) had its price target lifted by analysts at Citigroup from $6.75 to $9.50 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a "neutral" rating on the restaurant operator's stock. Citigroup's price target suggests a potential upside of 19.50% from the stock's previous close.

A number of other equities analysts also recently issued reports on the stock. JPMorgan Chase & Co. downgraded shares of Bloomin' Brands from a "neutral" rating to an "underweight" rating and set a $6.00 price objective on the stock. in a research note on Friday, April 24th. Barclays upped their target price on Bloomin' Brands from $7.00 to $9.00 and gave the stock an "equal weight" rating in a report on Thursday. Sanford C. Bernstein set a $9.00 price target on Bloomin' Brands in a report on Thursday. Weiss Ratings restated a "sell (d)" rating on shares of Bloomin' Brands in a research note on Friday, March 27th. Finally, The Goldman Sachs Group raised their price objective on Bloomin' Brands from $6.00 to $8.50 and gave the company a "neutral" rating in a research report on Thursday. Seven equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Bloomin' Brands presently has a consensus rating of "Reduce" and an average target price of $8.78.

Bloomin' Brands Trading Down 2.1%

Shares of NASDAQ BLMN traded down $0.17 during mid-day trading on Thursday, reaching $7.95. The company had a trading volume of 4,646,312 shares, compared to its average volume of 2,761,377. The stock has a market cap of $677.56 million, a price-to-earnings ratio of 79.51, a price-to-earnings-growth ratio of 4.87 and a beta of 1.10. Bloomin' Brands has a 52 week low of $5.19 and a 52 week high of $10.70. The business's 50-day moving average is $5.99 and its 200-day moving average is $6.55. The company has a current ratio of 0.31, a quick ratio of 0.24 and a debt-to-equity ratio of 2.34.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The restaurant operator reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.10. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. Bloomin' Brands had a net margin of 0.21% and a return on equity of 26.26%. The company's revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.59 earnings per share. Bloomin' Brands has set its FY 2026 guidance at 0.750-0.900 EPS and its Q2 2026 guidance at 0.270-0.320 EPS. Equities analysts expect that Bloomin' Brands will post 0.82 earnings per share for the current year.

Insider Buying and Selling at Bloomin' Brands

In other news, Director Rohit Lal bought 10,000 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The shares were purchased at an average price of $5.69 per share, for a total transaction of $56,900.00. Following the completion of the transaction, the director directly owned 30,156 shares in the company, valued at approximately $171,587.64. This represents a 49.61% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.18% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BLMN. Federated Hermes Inc. increased its holdings in shares of Bloomin' Brands by 201,255.8% during the 3rd quarter. Federated Hermes Inc. now owns 956,440 shares of the restaurant operator's stock valued at $6,858,000 after purchasing an additional 955,965 shares in the last quarter. SG Americas Securities LLC grew its position in Bloomin' Brands by 790.6% during the third quarter. SG Americas Securities LLC now owns 148,219 shares of the restaurant operator's stock valued at $1,063,000 after buying an additional 131,577 shares during the period. Counterpoint Mutual Funds LLC increased its holdings in Bloomin' Brands by 1,069.7% in the third quarter. Counterpoint Mutual Funds LLC now owns 431,359 shares of the restaurant operator's stock valued at $3,093,000 after buying an additional 394,480 shares in the last quarter. Y Intercept Hong Kong Ltd raised its position in shares of Bloomin' Brands by 121.0% in the third quarter. Y Intercept Hong Kong Ltd now owns 260,905 shares of the restaurant operator's stock worth $1,871,000 after acquiring an additional 142,870 shares during the period. Finally, Intech Investment Management LLC boosted its stake in shares of Bloomin' Brands by 41.6% during the 3rd quarter. Intech Investment Management LLC now owns 365,845 shares of the restaurant operator's stock worth $2,623,000 after acquiring an additional 107,489 shares in the last quarter.

Key Stories Impacting Bloomin' Brands

Here are the key news stories impacting Bloomin' Brands this week:

• Positive Sentiment: Q1 results beat expectations — Bloomin' reported $0.67 EPS vs. consensus $0.57 and revenue of $1.06B vs. ~$1.04B, driven by improving Outback performance and higher guest spend. BusinessWire Q1 Release
• Positive Sentiment: Company raised near-term guidance — management boosted Q2 EPS guidance to $0.27–$0.32 (above the prior consensus ~ $0.22) and set FY26 EPS at $0.75–$0.90, signaling improving operational momentum. Q1 Release / Slide Deck
• Positive Sentiment: Barclays raised its price target to $9 (from $7) and kept an "equal weight" rating, implying upside and providing third‑party validation of the post‑earnings momentum. Benzinga: Barclays PT Raise
• Neutral Sentiment: Market coverage notes a sharp intraday move after results — several outlets flagged BLMN among movers as the stock spiked on the beat-and-guide print. This explains elevated volume but not longer-term direction. Benzinga: What's Going On
• Neutral Sentiment: Analyst and subscriber pieces dig into the rally vs. fundamentals — commentary (Seeking Alpha) calls the stock's recent jump notable but emphasizes that longer-term performance still lags peers. Seeking Alpha: Stock Explodes Higher
• Negative Sentiment: Underlying metrics remain mixed — net margin was only ~0.2% and revenue grew ~1% YoY in Q1, suggesting limited near-term profit leverage; higher leverage and thin current liquidity are potential investor concerns. MarketBeat Earnings Summary
• Negative Sentiment: FY26 guidance range ($0.75–$0.90) sits around consensus but isn't a clear upside surprise — some investors may view the full‑year outlook as conservative relative to the Q2 beat. Zacks: Q1 Metrics

Bloomin' Brands Company Profile

Bloomin' Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company's portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba's Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming's Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.

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