Written by Emily J. Thompson, Senior Investment Analyst
BJRI.O$0.0000%Past 6 months

No Data
Analyst Views on BJRI
Wall Street analysts forecast BJRI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BJRI is 37.60 USD with a low forecast of 30.00 USD and a high forecast of 44.00 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.
Wall Street analysts forecast BJRI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BJRI is 37.60 USD with a low forecast of 30.00 USD and a high forecast of 44.00 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.
Current: 37.210

Current: 37.210

Freedom Capital initiated coverage of BJ's Restaurants with a Buy rating and $44 price target. The firm views the risk/reward as "compelling at current levels," citing new leadership, upcoming sales catalysts, and opportunities for continued margin expansion, the analyst tells investors.
Barclays
Jeffrey Bernstein
Underweight
maintain
$28 -> $30
Reason
Barclays
Jeffrey Bernstein
Barclays analyst Jeffrey Bernstein raised the firm's price target on BJ's Restaurants to $30 from $28 and keeps an Underweight rating on the shares. The company's Q3 missed on comps but beat on earnings, the analyst tells investors in a research note.
Neutral
initiated
$32
Reason
Mizuho initiated coverage of BJ's Restaurants with a Neutral rating and $32 price target. The firm sees risks to Q3, which include the anniversary of the Pizookie Meal and a pizza relaunch in November, which undermine "Q4/2026 visibility and the longer-term outlook."
Underweight
downgrade
$37 -> $28
Reason
Barclays lowered the firm's price target on BJ's Restaurants to $28 from $37 and keeps an Underweight rating on the shares as part of a Q3 preview for the restaurant group. Comparable sales were "choppy" in the quarter, slowing in September despite an uptick in value offers, with fast casual most impacted, the analyst tells investors in a research note. The firm adds that food inflation spiked for select items, with some restaurants reverting to price despite ongoing traffic weakness.
About BJRI
BJ's Restaurants, Inc. is a full-service restaurant brand. The Company’s restaurants feature a menu with approximately 100 menu items designed to offer various items, including slow roasted entrees, such as prime rib, EnLIGHTened Entrees, such as its Cherry Chipotle Glazed Salmon, its original signature deep-dish pizza, and the Pizookie dessert. It also offers its craft beers, which are produced at four in-house brewing facilities, two standalone brewpubs and by independent third-party brewers using its proprietary recipes. It is a national restaurant chain, which owns and operates approximately 218 restaurants located in 31 states, including Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington and Wisconsin.