Q3 Revenue Performance: The company reported Q3 revenue of $113.2 million, falling short of the consensus estimate of $116.27 million.
CEO's Statement on Strategic Initiatives: CEO Kelli Valade highlighted the company's agility and focus on strategic initiatives despite industry challenges, crediting the commitment of teams and franchisees.
Brand Evolution and Digital Presence: Denny's is enhancing its value offerings and digital presence, including a movie collaboration and a new loyalty program to strengthen brand relevance.
Keke's Growth and Guest Satisfaction: Keke's is experiencing portfolio growth and high guest satisfaction, maintaining its leadership in the rapidly growing segment while collaborating closely with franchisees.
Wall Street analysts forecast DENN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for DENN is 6.00 USD with a low forecast of 5.75 USD and a high forecast of 6.24 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.
5 Analyst Rating
Wall Street analysts forecast DENN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for DENN is 6.00 USD with a low forecast of 5.75 USD and a high forecast of 6.24 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.
1 Buy
4 Hold
0 Sell
Hold
Current: 6.250
Low
5.75
Averages
6.00
High
6.24
Current: 6.250
Low
5.75
Averages
6.00
High
6.24
Truist
Buy
to
Hold
downgrade
$6 -> $6
2025-11-04
Reason
Truist
Price Target
$6 -> $6
AI Analysis
2025-11-04
downgrade
Buy
to
Hold
Reason
Truist downgraded Denny's to Hold from Buy with an unchanged price target of $6. The firm cites the company's agreement to be acquired for $6.25 per share for the downgrade. Truist expects the transaction to be completed in Q1 of 2026 as planned.
Oppenheimer
Oppenheimer
Outperform -> Perform
downgrade
2025-11-04
Reason
Oppenheimer
Oppenheimer
Price Target
2025-11-04
downgrade
Outperform -> Perform
Reason
Oppenheimer downgraded Denny's to Perform from Outperform without a price target after the company agreed to be acquired by a group of investors including Yadav Enterprises for $6.25 per share. The firm does not anticipate a competitive bidding process and expects the deal to close as planned in Q1 of 2026.
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Mizuho
Neutral
initiated
$5
2025-10-27
Reason
Mizuho
Price Target
$5
2025-10-27
initiated
Neutral
Reason
Mizuho initiated coverage of Denny's with a Neutral rating and $5 price target. The firm views the shares as fairly valued given the lack of visibility into the company's long-term growth.
Piper Sandler
Brian Mullan
Neutral
downgrade
$6 -> $4
2025-08-05
Reason
Piper Sandler
Brian Mullan
Price Target
$6 -> $4
2025-08-05
downgrade
Neutral
Reason
Piper Sandler analyst Brian Mullan lowered the firm's price target on Denny's to $4 from $6 and keeps a Neutral rating on the shares following quarterly results. The Q2 domestic systemwide same-store sales result was down 1.3% at the core Denny's brand, which is indicative of the tough operating environment for the Family Dining segment right now, the firm notes.
About DENN
Denny's Corporation is a franchised full-service restaurant chain. The Company owns and operates the Denny’s brand (Denny’s) and the Keke’s Breakfast Cafe brand (Keke’s). It operates in two segments: Denny’s and Keke’s. It has approximately 1,537 restaurants, 1,452 of which were franchised/licensed restaurants and 85 of which were Company-operated. The Denny’s brand consists of over of 1,459 global restaurants, 1,397 of which were franchised and licensed restaurants and 62 of which were Company operated. Denny’s offers a wide selection of lunch and dinner items, including entrees, burgers, sandwiches and salads, along with an assortment of appetizers and desserts. It has four dayparts, breakfast, lunch, dinner and late night. Keke’s is a daytime eatery dedicated to providing a breakfast experience. Keke’s brand consists of over 78 restaurants, 55 of which were franchised restaurants and 23 of which were company operated. Keke’s also serves burgers, paninis, salads, and sandwiches.
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.