Brinker International (NYSE:EAT) Price Target Raised to $282.00 at Citigroup

Key Points

• Citigroup raised Brinker International’s price target to $282 from $227 and maintained a “buy” rating, implying 17.74% upside from the prior close.
• Analyst sentiment remains broadly positive: 16 analysts rate the stock a Buy and six a Hold, producing a “Moderate Buy” consensus and an average price target of $228.45.
• Brinker’s quarterly revenue beat estimates and rose 5.1% year over year, while fiscal 2027 guidance exceeded expectations; however, quarterly EPS narrowly missed consensus and shares fell 2.6% to $239.50.

Brinker International (NYSE:EAT - Get Free Report) had its price target upped by equities research analysts at Citigroup from $227.00 to $282.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a "buy" rating on the restaurant operator's stock. Citigroup's target price indicates a potential upside of 17.74% from the company's previous close.

A number of other brokerages have also weighed in on EAT. Mizuho upped their target price on Brinker International from $175.00 to $275.00 and gave the stock an "outperform" rating in a research report on Thursday. Weiss Ratings raised shares of Brinker International from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday. DA Davidson boosted their price target on shares of Brinker International from $160.00 to $260.00 and gave the company a "neutral" rating in a research note on Thursday. Morgan Stanley raised their price objective on shares of Brinker International from $207.00 to $250.00 and gave the company an "overweight" rating in a research note on Thursday. Finally, BMO Capital Markets lifted their price objective on shares of Brinker International from $175.00 to $230.00 and gave the company a "market perform" rating in a report on Thursday. Sixteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $228.45.

Brinker International Stock Down 2.6%

Shares of EAT stock traded down $6.39 on Thursday, reaching $239.50. 1,610,308 shares of the company were exchanged, compared to its average volume of 1,173,044. 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 company has a 50-day moving average of $182.95 and a 200-day moving average of $159.65. The company has a market cap of $10.27 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 1.31 and a beta of 1.24. Brinker International has a one year low of $100.30 and a one year high of $253.71.

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

Institutional Investors Weigh In On Brinker International

A number of institutional investors and hedge funds have recently bought and sold shares of EAT. Caitong International Asset Management Co. Ltd bought a new stake in shares of Brinker International in the 3rd quarter worth $25,000. Transamerica Financial Advisors LLC boosted its holdings in Brinker International by 570.4% during the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator's stock worth $26,000 after purchasing an additional 154 shares during the last quarter. Allworth Financial LP boosted its holdings in Brinker International by 58.5% during 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. Kilter Group LLC bought a new stake in Brinker International in the 2nd quarter worth about $35,000. Finally, Salomon & Ludwin LLC grew its position in Brinker International by 45.1% in the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator's stock worth $45,000 after purchasing an additional 93 shares in the last quarter.

Key Stories Impacting Brinker International

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

• Positive Sentiment: Brinker reported fiscal fourth-quarter revenue of $1.54 billion, exceeding the $1.53 billion consensus estimate, while revenue increased 5.1% year over year. Adjusted EPS rose substantially from the prior-year period, supported by continued momentum at Chili’s. Brinker fiscal 2026 results and fiscal 2027 guidance
• Positive Sentiment: Chili’s delivered another strong quarter, including its fifth consecutive year of same-store sales growth and a cumulative 71% increase over that period. New chicken-sandwich offerings and greater digital and takeout focus are helping the brand compete more effectively with fast-food restaurants. Chili’s chicken-sandwich sales gains
• Positive Sentiment: Fiscal 2027 guidance exceeded Wall Street expectations: EPS of $12.60-$13.40 versus a $12.47 consensus, and revenue of $6.2-$6.3 billion versus approximately $6.1 billion expected. The outlook calls for continued revenue, earnings and margin growth.
• Positive Sentiment: Analysts broadly raised their targets following the results. Stephens increased its target to $300, Wells Fargo to $280, KeyCorp to $275, Mizuho to $275, TD Cowen to $270, and Morgan Stanley to $250; most retained positive ratings. Analysts raise Brinker forecasts
• Neutral Sentiment: Fourth-quarter EPS of $3.07 narrowly missed the $3.09 consensus estimate, creating a modest negative headline despite the revenue beat and stronger outlook.
• Negative Sentiment: After a sharp rally and a new 52-week high, profit-taking and valuation concerns may be pressuring the shares. BMO Capital Markets maintained a Market Perform rating with a $230 target, while DA Davidson remained Neutral at $260.

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.

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