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Bloomin' Brands (BLMN) Stock Forecast & Price Target

Bloomin' Brands logo
$16.59
-0.43 (-2.53%)
(As of 10/31/2024 ET)

Bloomin' Brands - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
8
Buy
2

Based on 10 Wall Street analysts who have issued ratings for Bloomin' Brands in the last 12 months, the stock has a consensus rating of "Hold." Out of the 10 analysts, 8 have given a hold rating, and 2 have given a buy rating for BLMN.

Consensus Price Target

$21.80
31.40% Upside
According to the 10 analysts' twelve-month price targets for Bloomin' Brands, the average price target is $21.80. The highest price target for BLMN is $30.00, while the lowest price target for BLMN is $18.00. The average price target represents a forecasted upside of 31.40% from the current price of $16.59.
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BLMN Analyst Ratings Over Time

TypeCurrent Forecast
11/1/23 to 10/31/24
1 Month Ago
10/2/23 to 10/1/24
3 Months Ago
8/3/23 to 8/2/24
1 Year Ago
11/1/22 to 11/1/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
8 Hold rating(s)
7 Hold rating(s)
7 Hold rating(s)
8 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$21.80$22.33$26.56$27.80
Forecasted Upside31.40% Upside35.35% Upside35.35% Upside18.60% Upside
Consensus Rating
Hold
Hold
Hold
Hold

BLMN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BLMN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Bloomin' Brands Stock vs. The Competition

TypeBloomin' BrandsRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.20
2.50
2.50
Consensus RatingHoldHoldHold
Predicted Upside31.40% Upside40.03% Upside10.63% Upside
News Sentiment Rating
Neutral News

See Recent BLMN News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/22/2024Bank of America
4 of 5 stars
 Lower TargetNeutral ➝ Neutral$22.00 ➝ $19.00+18.23%
10/22/2024Barclays
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$22.00 ➝ $20.00+25.31%
8/19/2024Citigroup
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$22.00 ➝ $20.00+15.81%
8/7/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetHold ➝ Hold$26.00 ➝ $19.00+10.79%
8/7/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$26.00 ➝ $18.00+4.96%
8/7/2024BMO Capital Markets
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 Lower TargetMarket Perform ➝ Market Perform$27.00 ➝ $20.00+17.23%
7/16/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$26.00 ➝ $22.00+20.88%
5/28/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$26.00 ➝ $24.00+12.68%
1/3/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$28.00 ➝ $30.00+10.13%
11/6/2023Piper Sandler
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 Lower TargetNeutral ➝ Neutral$30.00 ➝ $26.00+12.70%
8/1/2023William Blair
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 DowngradeOutperform ➝ Market Perform
2/17/2023Credit Suisse Group
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 Boost TargetOutperform$27.00 ➝ $31.00+12.69%
1/17/2023Gordon Haskett
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 DowngradeBuy ➝ Hold
11/2/2022Jefferies Financial Group
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 Reiterated RatingBuy ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:48 PM ET.


BLMN Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Bloomin' Brands is $21.80, with a high forecast of $30.00 and a low forecast of $18.00.

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bloomin' Brands in the last twelve months. There are currently 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BLMN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLMN, but not buy additional shares or sell existing shares.

According to analysts, Bloomin' Brands's stock has a predicted upside of 31.40% based on their 12-month stock forecasts.

Bloomin' Brands has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Citigroup, Deutsche Bank Aktiengesellschaft, and UBS Group in the past 90 days.

Analysts like Bloomin' Brands less than other "retail/wholesale" companies. The consensus rating score for Bloomin' Brands is 2.20 while the average consensus rating score for "retail/wholesale" companies is 2.50. Learn more on how BLMN compares to other companies.


This page (NASDAQ:BLMN) was last updated on 10/31/2024 by MarketBeat.com Staff
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