Bloomin' Brands, Inc. (NASDAQ:BLMN) Stock Has Consensus Price Target of $11.10 According to Analysts

Key Points

• Analysts rate Bloomin’ Brands “Hold”, with a consensus 12-month price target of $11.10 from 11 brokerages.
• Fiscal third-quarter results beat expectations: revenue was $944.4 million versus $925.2 million expected, and the $0.17-per-share loss was narrower than forecast.
• Management raised its 2026 EPS outlook to $0.97–$1.02, but its Q4 EPS forecast of $0.07–$0.12 was below the $0.14 consensus, amid concerns about traffic and margin pressures.

Bloomin' Brands, Inc. (NASDAQ:BLMN - Get Free Report) has been given a consensus recommendation of "Hold" by the eleven brokerages that are covering the stock, MarketBeat Ratings reports. Eleven equities research analysts have rated the stock with a hold recommendation. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $11.10.

A number of analysts have weighed in on BLMN shares. Zacks Research lowered shares of Bloomin' Brands from a "strong-buy" rating to a "hold" rating in a research report on Friday, October 16th. UBS Group boosted their price objective on Bloomin' Brands from $9.00 to $11.50 and gave the stock a "neutral" rating in a research report on Monday, November 2nd. Veritas Investment Research set a $13.00 price target on Bloomin' Brands in a report on Tuesday, September 29th. BMO Capital Markets restated a "market perform" rating and set a $12.00 price target on shares of Bloomin' Brands in a report on Thursday, August 6th. Finally, Piper Sandler upped their price objective on Bloomin' Brands from $9.00 to $12.00 and gave the company a "neutral" rating in a research note on Monday, August 10th.

Bloomin' Brands Stock Performance

Shares of NASDAQ:BLMN opened at $9.75 on Friday. Bloomin' Brands has a 1 year low of $5.19 and a 1 year high of $12.63. The stock has a market capitalization of $834.79 million, a price-to-earnings ratio of 11.89, a price-to-earnings-growth ratio of 2.55 and a beta of 1.30. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.25 and a quick ratio of 0.18. The company's 50 day simple moving average is $9.20 and its 200 day simple moving average is $7.97.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last released its quarterly earnings data on Friday, November 6th. The restaurant operator reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.24) by $0.07. The business had revenue of $944.35 million for the quarter, compared to analyst estimates of $925.23 million. Bloomin' Brands had a return on equity of 28.95% and a net margin of 0.70%. Bloomin' Brands's revenue was up 1.7% compared to the same quarter last year. During the same period last year, the firm posted ($0.03) earnings per share. Bloomin' Brands has set its FY 2026 guidance at 0.970-1.020 EPS and its Q4 2026 guidance at 0.070-0.120 EPS. As a group, research analysts predict that Bloomin' Brands will post 0.98 EPS for the current fiscal year.

Institutional Trading of Bloomin' Brands

Several institutional investors have recently modified their holdings of BLMN. Russell Investments Group Ltd. raised its position in shares of Bloomin' Brands by 151.7% during the third quarter. Russell Investments Group Ltd. now owns 345,539 shares of the restaurant operator's stock worth $2,678,000 after acquiring an additional 208,243 shares during the last quarter. Fifth Third Bancorp lifted its stake in shares of Bloomin' Brands by 23,955.7% in the third quarter. Fifth Third Bancorp now owns 72,167 shares of the restaurant operator's stock worth $559,000 after acquiring an additional 71,867 shares during the period. Penn Capital Management Company LLC bought a new stake in Bloomin' Brands in the third quarter valued at approximately $1,228,000. Commonwealth Equity Services LLC boosted its holdings in Bloomin' Brands by 1.3% in the third quarter. Commonwealth Equity Services LLC now owns 1,460,903 shares of the restaurant operator's stock valued at $11,322,000 after acquiring an additional 19,136 shares during the last quarter. Finally, Chicago Partners Investment Group LLC bought a new stake in Bloomin' Brands in the third quarter valued at approximately $115,000.

Bloomin' Brands News Summary

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

• Positive Sentiment: Q3 revenue was $944.4 million, above the $925.2 million consensus and up 1.7% year over year. The adjusted loss of $0.17 per share was also narrower than the expected $0.24 loss. Bloomin' Brands Q3 Loss Narrower Than Expected, Revenues Rise Y/Y
• Positive Sentiment: Management raised its 2026 EPS outlook to $0.97–$1.02, slightly above the $0.96 analyst consensus, citing continued progress in Outback Steakhouse’s turnaround. Outback Steakhouse Owner Raises Profit Outlook as Chain's Turnaround Continues
• Negative Sentiment: The Q4 EPS forecast of $0.07–$0.12 fell short of the $0.14 consensus, raising concern about near-term earnings. Reports also pointed to weak traffic and cost pressures on margins, helping explain why the quarterly beat and higher annual outlook did not lift sentiment. Weak Holiday-Quarter Outlook Spoils the Party

About Bloomin' Brands

Bloomin' Brands, Inc is a restaurant company that owns, operates and franchises a portfolio of casual dining and upscale restaurant concepts. Its principal brands include Outback Steakhouse, known for steaks and other Australian-inspired dishes; Carrabba's Italian Grill, which serves Italian-American cuisine; Bonefish Grill, focused on seafood and contemporary dishes; and Fleming's Prime Steakhouse & Wine Bar.

The company's restaurants offer a range of dine-in, takeout, delivery and catering services, with menus generally centered on full-service meals, specialty beverages and hospitality-oriented dining experiences.

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