Brinker International (NYSE:EAT) Given New $280.00 Price Target at Wells Fargo & Company

Key Points

• Wells Fargo raised Brinker International’s price target to $280 from $220 and maintained an “overweight” rating, implying 14.52% upside from the prior close.
• Analyst sentiment is broadly positive: 16 analysts rate the stock a Buy and six rate it a Hold, producing a consensus “Moderate Buy” rating, although the average target of $223.55 trails the latest share price.
• Brinker reported quarterly revenue of $1.54 billion, up 5.1% year over year and slightly above estimates, while EPS of $3.07 narrowly missed consensus of $3.09; management issued fiscal 2027 EPS guidance of $12.60–$13.40.

Brinker International (NYSE:EAT - Get Free Report) had its price objective upped by equities research analysts at Wells Fargo & Company from $220.00 to $280.00 in a report released on Thursday,Benzinga reports. The firm currently has an "overweight" rating on the restaurant operator's stock. Wells Fargo & Company's price objective suggests a potential upside of 14.52% from the company's previous close.

Other analysts have also recently issued reports about the company. KeyCorp boosted their price target on Brinker International from $204.00 to $275.00 and gave the stock an "overweight" rating in a research report on Thursday. DA Davidson lifted their price target on Brinker International from $160.00 to $260.00 and gave the stock a "neutral" rating in a research report on Thursday. Barclays lifted their target price on shares of Brinker International from $170.00 to $175.00 and gave the stock an "equal weight" rating in a report on Thursday, April 30th. Stephens lifted their price objective on Brinker International from $220.00 to $300.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, TD Cowen upped their price target on shares of Brinker International from $210.00 to $270.00 and gave the company a "buy" rating in a research report on Wednesday. Sixteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $223.55.

Brinker International Stock Performance

Shares of Brinker International stock opened at $244.50 on Thursday. The company has a current ratio of 0.40, a quick ratio of 0.35 and a debt-to-equity ratio of 1.05. The firm 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. The business has a fifty day simple moving average of $182.95 and a two-hundred day simple moving average of $159.65. Brinker International has a 12 month low of $100.30 and a 12 month high of $252.52.

Brinker International (NYSE:EAT - Get Free Report) last released its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share 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 business had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.53 billion. During the same period in the prior year, the company earned $2.30 earnings per share. The firm's quarterly revenue was up 5.1% compared to the same quarter last year. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. On average, equities analysts forecast that Brinker International will post 10.76 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. grew its stake in shares of Brinker International by 2.2% in the 2nd quarter. BlackRock Inc. now owns 6,729,477 shares of the restaurant operator's stock worth $1,130,552,000 after buying an additional 145,525 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Brinker International by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 4,819,397 shares of the restaurant operator's stock valued at $691,680,000 after acquiring an additional 73,346 shares during the period. UBS Group AG boosted its position in shares of Brinker International by 103.2% during the fourth quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator's stock valued at $427,066,000 after buying an additional 1,511,266 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Brinker International by 27.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,393,604 shares of the restaurant operator's stock valued at $176,542,000 after buying an additional 301,912 shares during the period. Finally, Balyasny Asset Management L.P. grew its stake in shares of Brinker International by 667.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator's stock valued at $163,938,000 after buying an additional 993,435 shares during the last quarter.

Trending Headlines about Brinker International

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

• Positive Sentiment: Above-consensus fiscal 2027 outlook: Brinker forecast adjusted EPS of $12.60–$13.40 and revenue of $6.2–$6.3 billion, exceeding consensus estimates of $12.47 EPS and $6.1 billion in revenue. Brinker fiscal 2026 results and fiscal 2027 guidance
• Positive Sentiment: Continued Chili’s sales momentum: Chili’s delivered its fifth consecutive year of same-store sales growth, with cumulative gains of 71% over that period. New chicken-sandwich offerings and increased focus on takeout and digital ordering are supporting traffic and sales. MarketWatch Chili’s chicken-sandwich sales
• Positive Sentiment: Analyst targets rose sharply: Stephens raised its target to $300 and maintained an overweight rating; KeyCorp lifted its target to $275 and kept an overweight rating; Mizuho raised its target to $275 with an outperform rating; and TD Cowen increased its target to $270 with a buy rating. DA Davidson also raised its target to $260, though it retained a neutral rating. Analyst forecasts following Brinker earnings
• Positive Sentiment: Profitability and shareholder returns: Management reported expanding earnings, announced an expanded share-buyback program, and highlighted growing momentum across the business.
• Neutral Sentiment: Solid but mixed quarterly results: Fiscal fourth-quarter revenue rose 5.1% year over year to $1.54 billion, slightly above estimates, while EPS of $3.07 was narrowly below the $3.09 consensus. EPS still increased from the prior-year quarter.
• Negative Sentiment: Valuation and cautious ratings remain risks: BMO Capital Markets raised its target to $230 but maintained a market-perform rating, leaving its target below the referenced share price. The stock is also trading near its 52-week high, which may limit near-term upside if growth expectations soften.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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