Restaurant Brands International (QSR) Stock Forecast & Price Target

$69.95 +0.19 (+0.27%)

Closing price 10/2/2026 03:59 PM Eastern

Extended Trading

$69.90 -0.05 (-0.07%)

As of 10/2/2026 07:55 PM Eastern

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Restaurant Brands International - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 24 Analyst Ratings

Sell
0

Hold
8

Buy
16

Based on 24 Wall Street analysts who have issued ratings for Restaurant Brands International in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 24 analysts, 8 have given a hold rating, and 16 have given a buy rating for QSR.

Consensus Price Target

$83.71
19.67% Upside

According to the 24 analysts' twelve-month price targets for Restaurant Brands International, the average price target is $83.71. The highest price target for QSR is $92.00, while the lowest price target for QSR is $78.00. The average price target represents a forecasted upside of 19.67% from the current price of $69.95.

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.

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QSR Analyst Ratings Over Time

Type	Current Forecast 10/3/25 to 10/3/26	1 Month Ago 9/3/25 to 9/3/26	3 Months Ago 7/5/25 to 7/5/26	1 Year Ago 10/3/24 to 10/3/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	16 Buy rating(s)	16 Buy rating(s)	15 Buy rating(s)	11 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	9 Hold rating(s)	13 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$83.71	$84.00	$83.54	$75.04
Forecasted Upside	19.67% Upside	4.79% Upside	11.76% Upside	9.53% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

QSR 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.

QSR 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.

Restaurant Brands International Stock vs. The Competition

Type	Restaurant Brands International	Consumer Discretionary Companies	Broader Market
Consensus Rating Score	2.67	2.19	2.53
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	19.67% Upside	231.37% Upside	21.54% Upside
News Sentiment Rating	Neutral News See Recent QSR News	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/29/2026	JPMorgan Chase & Co. 3 of 5 stars	John Ivankoe 2 of 5 stars	Lower Target	Overweight	$82.00 ➝ $78.00	+9.10%
9/29/2026	Jefferies Financial Group 3 of 5 stars	John Ivankoe Not Rated	Lower Target	Overweight	$82.00 ➝ $78.00	+8.71%
9/25/2026	Argus 3 of 5 stars	John Staszak 3 of 5 stars	Reiterated Rating	Buy ➝ Hold
9/18/2026	Guggenheim Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gregory Francfort Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$85.00 ➝ $86.00	+17.44%
9/1/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jon Tower Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$78.00 ➝ $80.00	+2.68%
8/24/2026	Robert W. Baird Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Tarantino Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$80.00 ➝ $85.00	+4.84%
8/12/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Buy (B-) ➝ Buy (B)
8/10/2026	CL King Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$80.00	+9.18%
8/7/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform	$88.00	+21.30%
8/7/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John Zamparo Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Sector Perform	$83.00 ➝ $81.00	+9.47%
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8/7/2026	Scotia Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Sector Perform	$83.00 ➝ $81.00	+9.01%
8/7/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brian Mullan Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$85.00 ➝ $81.00	+10.04%
7/28/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Logan Reich Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Outperform	$85.00	+13.50%
7/15/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John Glass Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$78.00 ➝ $79.00	+5.81%
7/9/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Lauren Silberman Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$86.00 ➝ $85.00	+14.85%
7/9/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andrew M. Charles Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Hold	$79.00 ➝ $80.00	+7.53%
5/7/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jeffrey Bernstein Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$85.00 ➝ $92.00	+19.26%
5/7/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Zachary Fadem Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$75.00 ➝ $80.00	+3.23%
5/4/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Dennis Geiger Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$85.00 ➝ $90.00	+12.45%
4/20/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Christopher Carril Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$78.00 ➝ $90.00	+14.91%
3/18/2026	Oppenheimer Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brian Bittner Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$80.00 ➝ $85.00	+13.08%
3/2/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Chris O\'Cull Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Buy	$68.00 ➝ $90.00	+25.47%
3/2/2026	Truist Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jake Bartlett Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$83.00 ➝ $87.00	+21.29%
2/13/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jeffrey Bernstein Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$82.00	+23.74%
2/13/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Outperform	$83.00 ➝ $81.00	+23.54%
9/12/2025	Northcoast Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Neutral
7/18/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Sara Senatore Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Underperform	$62.00 ➝ $60.00	-13.81%
7/14/2025	Melius Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Buy	$90.00	+33.63%
6/26/2025	Loop Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
5/9/2025	Canadian Imperial Bank of Commerce Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John Zamparo Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Outperformer	$78.00 ➝ $77.00	+14.60%
2/25/2025	TD Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andrew Charles Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Hold	$70.00 ➝ $70.00	+8.65%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:17 AM ET.

Should I Buy Restaurant Brands International Stock? QSR Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, October 2, 2026. Please send any questions or comments about these Restaurant Brands International pros and cons to contact@marketbeat.com.

Restaurant Brands International
Bull Case

Here are some ways that investors could benefit from investing in Restaurant Brands International Inc.:

Restaurant Brands International Inc. offers a compelling income opportunity with a dividend yield of 3.73%, which is attractive for income-focused investors. The company recently declared a quarterly dividend of $0.65 per share, payable on October 2nd, representing an annualized payout of $2.60. This consistent cash flow provides a buffer against stock price volatility and is a key driver for long-term holders.
The stock is currently trading at $69.95, which is significantly below the consensus price target of $84.04 set by analysts. This valuation gap suggests that the market may be undervaluing the company's potential, offering investors a substantial margin of safety and upside potential as the stock reverts to its mean or meets analyst expectations.
Restaurant Brands International Inc. has demonstrated strong earnings momentum, beating consensus estimates in its most recent quarterly report on August 6th with an EPS of $1.07 compared to the expected $1.04. This consistent outperformance, combined with a year-over-year revenue growth of 4.6%, indicates that the company is effectively managing its operations and driving value despite broader economic headwinds.
The company is executing a strategic turnaround for its Burger King brand by refranchising hundreds of company-owned restaurants in the U.S. This move allows the company to shift capital expenditure to franchisees while maintaining brand control, a strategy that is expected to improve margins and fuel a U.S. comeback by leveraging local franchisee expertise.
With a beta of 0.52, Restaurant Brands International Inc. exhibits lower volatility than the broader market, making it a defensive holding. This stability is particularly appealing in uncertain economic environments, as the company's diversified portfolio of brands, including Tim Hortons and Popeyes, provides resilience against sector-specific downturns.

Restaurant Brands International
Bear Case

Investors should be bearish about investing in Restaurant Brands International Inc. for these reasons:

Recent analyst actions have been negative, with JPMorgan Chase & Co. lowering its price target from $82.00 to $78.00 and Jefferies Financial Group cutting its target from $82.00 to $78.00. These downgrades reflect growing concerns about the company's growth trajectory and competitive positioning, which could weigh on the stock price in the near term.
Insider selling has been significant, with multiple executives, including CEO Joshua Kobza and CFO Sami A Siddiqui, selling substantial blocks of shares in early 2026. For instance, Joshua Kobza sold 200,000 shares in March, and Axel Schwan sold 57,574 shares in September. This pattern of insider disposals may signal a lack of confidence in the stock's near-term performance.
The company faces a high debt-to-equity ratio of 2.49, indicating a significant leverage burden. While the current ratio of 1.01 suggests adequate short-term liquidity, the high debt levels could limit the company's financial flexibility and increase its vulnerability to rising interest rates or economic downturns.
Short interest in the stock has been rising, with shares shorted increasing to 19,033,348 as of September 15, 2026. This represents a short percentage of float of 5.52%, suggesting that a notable portion of the market is betting against the stock, which could lead to further price pressure if the bearish sentiment continues.
Restaurant Brands International Inc. operates in a highly competitive quick-service restaurant industry, where consumer spending is sensitive to economic conditions. The company's reliance on franchise royalties means that its revenue is indirectly tied to the success of franchisees, who may face challenges in maintaining profitability and customer traffic in a tough retail environment.

QSR Forecast - Frequently Asked Questions

According to the research reports of 24 Wall Street equities research analysts, the average twelve-month stock price forecast for Restaurant Brands International is $83.71, with a high forecast of $92.00 and a low forecast of $78.00.

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Restaurant Brands International in the last year. There are currently 8 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" QSR shares.

According to analysts, Restaurant Brands International's stock has a predicted upside of 19.67% based on their 12-month stock forecasts.

Over the previous 90 days, Restaurant Brands International's stock had 2 upgrades by analysts.

Restaurant Brands International has been rated by research analysts at Argus, Citigroup, CL King, Deutsche Bank Aktiengesellschaft, Evercore, Guggenheim, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Robert W. Baird, Royal Bank Of Canada, Scotia, Scotiabank, TD Cowen, and Weiss Ratings in the past 90 days.

Analysts like Restaurant Brands International more than other "consumer discretionary" companies. The consensus rating for Restaurant Brands International is Moderate Buy while the average consensus rating for "consumer discretionary" companies is Hold. Learn more on how QSR compares to other companies.

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MarketBeat monitors more than a dozen sources for Restaurant Brands International analyst ratings, with the most recent rating issued on 9/29/2026.

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Restaurant Brands International (QSR) Stock Forecast & Price Target

Restaurant Brands International - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

QSR Analyst Ratings Over Time

QSR Analyst Recommendations By Month

QSR Price Targets by Month

Restaurant Brands International Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Restaurant Brands International Stock? QSR Pros and Cons Explained

Restaurant Brands International
Bull Case

Restaurant Brands International
Bear Case

QSR Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Restaurant Brands International Recommendations

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Restaurant Brands International (QSR) Stock Forecast & Price Target

Restaurant Brands International - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

QSR Analyst Ratings Over Time

QSR Analyst Recommendations By Month

QSR Price Targets by Month

Restaurant Brands International Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Restaurant Brands International Stock? QSR Pros and Cons Explained

Restaurant Brands International Bull Case

Restaurant Brands International Bear Case

QSR Forecast - Frequently Asked Questions

What is Restaurant Brands International's forecast for 2026?

Should I buy or sell Restaurant Brands International stock right now?

Does Restaurant Brands International's stock price have much upside?

Has Restaurant Brands International been upgraded by Wall Street analysts recently?

What analysts cover Restaurant Brands International?

Do Wall Street analysts like Restaurant Brands International more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Restaurant Brands International Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Restaurant Brands International
Bull Case

Restaurant Brands International
Bear Case