Brinker International Inc's stock rose by 4.21% and reached a 20-day high amid positive market conditions, with the Nasdaq-100 up 0.51% and the S&P 500 up 0.29%.
The surge is attributed to UBS upgrading Brinker International from neutral to buy and raising its price target from $144 to $175, reflecting market confidence in its sustained sales growth. The analyst highlighted that menu innovations and upgrades at Chili's are key factors supporting sales momentum, with expectations for overall sales growth to remain in the 3% to 5% range, further solidifying its position in a competitive dining market.
This upgrade not only enhances Brinker’s market appeal but also suggests potential for significant shareholder value through strategic initiatives, including share repurchases and accelerated restaurant development.
Wall Street analysts forecast EAT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EAT is 172.86 USD with a low forecast of 145.00 USD and a high forecast of 210.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
Wall Street analysts forecast EAT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EAT is 172.86 USD with a low forecast of 145.00 USD and a high forecast of 210.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Buy
5 Hold
0 Sell
Moderate Buy
Current: 156.640
Low
145.00
Averages
172.86
High
210.00
Current: 156.640
Low
145.00
Averages
172.86
High
210.00
Barclays
Jeffrey Bernstein
Equal Weight
maintain
$166 -> $170
2026-01-29
New
Reason
Barclays
Jeffrey Bernstein
Price Target
$166 -> $170
AI Analysis
2026-01-29
New
maintain
Equal Weight
Reason
Barclays analyst Jeffrey Bernstein raised the firm's price target on Brinker to $170 from $166 and keeps an Equal Weight rating on the shares following the fiscal Q2 report. The company beat beat elevated expectations and upped its fiscal 2026 outlook, the analyst tells investors in a research note.
Goldman Sachs
Christine Cho
Buy
maintain
$180 -> $200
2026-01-29
New
Reason
Goldman Sachs
Christine Cho
Price Target
$180 -> $200
2026-01-29
New
maintain
Buy
Reason
Goldman Sachs analyst Christine Cho raised the firm's price target on Brinker to $200 from $180 and keeps a Buy rating on the shares. The market is under-appreciating the enduring impact of the Chili's turnaround that will drive sustained comp outperformance despite a more challenging macro/competitive backdrop, the analyst tells investors in a research note.
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Citi
Buy
maintain
$187 -> $190
2026-01-29
New
Reason
Citi
Price Target
$187 -> $190
2026-01-29
New
maintain
Buy
Reason
Citi raised the firm's price target on Brinker to $190 from $187 and keeps a Buy rating on the shares post the fiscal Q2 report. The firm says Chili's continues to post above-industry growth.
BofA
Buy
maintain
$182 -> $198
2026-01-26
New
Reason
BofA
Price Target
$182 -> $198
2026-01-26
New
maintain
Buy
Reason
BofA raised the firm's price target on Brinker to $198 from $182 and keeps a Buy rating on the shares. The firm is fine-tuning estimates for 22 restaurant companies across its coverage and adjusting select price targets to reflect estimate and valuation multiple changes.
About EAT
Brinker International, Inc. is a casual dining restaurant company. The Company owns, develops, operates and franchises the Chili’s Grill & Bar (Chili’s) and Maggiano’s Little Italy (Maggiano’s) restaurant brands. The Company operates through two segments: Chili’s and Maggiano’s. The Chili’s segment includes its Company-owned Chili’s restaurants, which are principally located in the United States, within the full-service casual dining segment of the industry. The Chili’s segment also includes its Canadian Company-owned restaurants and royalties from its franchised locations in the United States, 27 other countries and two United States territories. The Maggiano’s segment includes its Company-owned Maggiano's restaurants in the United States as well as royalties from its domestic franchise business. It owns, operates or franchises more than 1,600 restaurants in the United States and 27 other countries and two United States territories.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.