Exclusive | Burger King Forms Joint Venture to Expand Its Footprint in China
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 10 2025
0mins
Source: WSJ
Joint-Venture Agreement: Restaurant Brands International has partnered with Chinese private-equity firm CPE to enhance its Burger King operations in China.
Investment Details: CPE will invest $350 million to support the expansion of Burger King restaurants, marketing, menu innovation, and overall operations in China.
Ownership Structure: Following the deal, CPE will hold an 83% stake in Burger King China, while Restaurant Brands will retain a 17% stake.
Growth Focus: The collaboration aims to fuel growth for Burger King both in China and potentially in other international markets.
Analyst Views on QSR
Wall Street analysts forecast QSR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QSR is 77.47 USD with a low forecast of 65.00 USD and a high forecast of 86.00 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.
20 Analyst Rating
11 Buy
8 Hold
1 Sell
Moderate Buy
Current: 68.550
Low
65.00
Averages
77.47
High
86.00
Current: 68.550
Low
65.00
Averages
77.47
High
86.00
About QSR
Restaurant Brands International Inc. is a quick-service restaurant company. It franchises and operates quick-service restaurants serving coffee and other beverage and food products. Its segments include Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), Firehouse Subs (FHS), International (INTL) and Restaurant Holdings. Tim Hortons is a coffee and baked goods restaurant chain in North America. Tim Hortons restaurants also serve a variety of hot and cold specialty beverages alongside breakfast, lunch and dinner offerings, including sandwiches, wraps, flatbread pizzas, and more. Burger King is a quick-service hamburger restaurant chain and is Home of the Whopper. Burger King restaurants feature flame-grilled hamburgers, chicken and other specialty sandwiches. Popeyes is a quick-service chicken concept, and delivers guests a Louisiana-style menu featuring fried bone-in chicken, chicken sandwiches, chicken tenders, wings, fried shrimp and regional items.
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.
