S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities

Texas Roadhouse (TXRH) Stock Forecast & Price Target

$150.82
+2.10 (+1.41%)
(As of 04/16/2024 ET)

Texas Roadhouse Consensus Analyst Rating 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.

Analysts' Consensus Rating

Hold
Based on 19 Analyst Ratings

Analysts' Consensus Price Target

$136.05
-9.79% Downside
High Forecast$175.00
Average Forecast$136.05
Low Forecast$99.00
TypeCurrent Forecast
4/17/23 to 4/16/24
1 Month Ago
3/18/23 to 3/17/24
3 Months Ago
1/17/23 to 1/17/24
1 Year Ago
4/17/22 to 4/17/23
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
9 Buy rating(s)
10 Buy rating(s)
7 Buy rating(s)
Hold
11 Hold rating(s)
9 Hold rating(s)
9 Hold rating(s)
9 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$136.05$131.52$118.05$106.61
Predicted Upside-9.79% Downside6.71% Upside12.73% Upside8.25% Upside
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TXRH Analyst Ratings 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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TXRH 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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Texas Roadhouse Stock vs. The Competition

TypeTexas RoadhouseRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.42
2.40
2.49
Consensus RatingHoldHoldHold
Predicted Upside-8.91% Downside61.85% Upside12.06% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/16/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$120.00 ➝ $136.00-8.94%
4/12/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$135.00 ➝ $145.00-1.95%
4/12/2024Stephens
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 Initiated CoverageEqual Weight$150.00+0.69%
4/10/2024Benchmark
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 Initiated CoverageHold
4/5/2024Wedbush
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 Boost TargetOutperform ➝ Outperform$160.00 ➝ $170.00+14.66%
4/2/2024Truist Financial
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 Boost TargetBuy ➝ Buy$152.00 ➝ $168.00+9.36%
3/19/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$142.00 ➝ $145.00-4.61%
3/13/2024Robert W. Baird
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 UpgradeNeutral ➝ Outperform$160.00 ➝ $175.00+16.14%
2/20/2024Piper Sandler
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 Boost TargetNeutral ➝ Neutral$110.00 ➝ $136.00-7.72%
2/20/2024Northcoast Research
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J. Sanderson
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DowngradeBuy ➝ Neutral
2/16/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$125.00 ➝ $140.00-5.77%
2/16/2024UBS Group
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 Boost TargetBuy ➝ Buy$145.00 ➝ $155.00+4.93%
2/16/2024BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$110.00 ➝ $130.00-11.41%
10/23/2023Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$108.00 ➝ $99.00+3.04%
10/19/2023Deutsche Bank Aktiengesellschaft
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 Initiated CoverageBuy$111.00+16.24%
10/11/2023Citigroup
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 Lower TargetBuy ➝ Buy$128.00 ➝ $121.00+27.14%
8/23/2023Guggenheim
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 Reiterated RatingBuy ➝ Buy$130.00+23.05%
7/28/2023Loop Capital
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 Boost Target$131.00 ➝ $142.00+26.54%
7/21/2023Bank of America
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 Boost TargetBuy$125.00 ➝ $144.00+24.03%
7/12/2023Royal Bank of Canada
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 Boost Target$104.00 ➝ $109.00-4.34%
6/29/2023888
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 Reiterated RatingReiterates
6/26/2023VNET Group
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 Reiterated RatingInitiates
5/23/2023Stifel Nicolaus
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 Boost Target$105.00 ➝ $110.00-1.86%
5/5/2023Credit Suisse Group
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 Boost Target$115.00 ➝ $123.00+13.58%
4/17/2023Raymond James
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 DowngradeOutperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:30 PM ET.

TXRH Price Target - Frequently Asked Questions

What is Texas Roadhouse's consensus rating and price target?

According to the issued ratings of 19 analysts in the last year, the consensus rating for Texas Roadhouse stock is Hold based on the current 11 hold ratings and 8 buy ratings for TXRH. The average twelve-month price prediction for Texas Roadhouse is $136.05 with a high price target of $175.00 and a low price target of $99.00. Learn more on TXRH's analyst rating history.

Do Wall Street analysts like Texas Roadhouse more than its competitors?

Analysts like Texas Roadhouse more than other Retail/Wholesale companies. The consensus rating score for Texas Roadhouse is 2.42 while the average consensus rating score for retail/wholesale companies is 2.40. Learn more on how TXRH compares to other companies.

Is Texas Roadhouse being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, Texas Roadhouse's stock had 2 upgrades and 1 downgrade by analysts.

Does Texas Roadhouse's stock price have much upside?

According to analysts, Texas Roadhouse's stock has a predicted upside of 3.97% based on their 12-month stock forecasts.


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This page (NASDAQ:TXRH) was last updated on 4/16/2024 by MarketBeat.com Staff

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