Current Mood in the Restaurant Industry: Executives in the restaurant sector are expressing caution, indicating a divide in their outlooks.
Financial Performance of Fast-Casual Chains: Cava and Chipotle have reported earnings that fell short of Wall Street expectations, highlighting a shift in consumer behavior.
Impact on Customer Demographics: McDonald's is experiencing significant declines in traffic from its lowest-income customers, while Wendy's notes that budget-conscious diners are reducing their spending.
Overall Consumer Sentiment: There is a growing sensitivity to prices among customers, affecting sales and traffic across various restaurant chains.
BLMN
$6.81+Infinity%1D
Analyst Views on BLMN
Wall Street analysts forecast BLMN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLMN is 8.20 USD with a low forecast of 6.00 USD and a high forecast of 12.00 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.
5 Analyst Rating
Wall Street analysts forecast BLMN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLMN is 8.20 USD with a low forecast of 6.00 USD and a high forecast of 12.00 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.
1 Buy
3 Hold
1 Sell
Hold
Current: 6.990
Low
6.00
Averages
8.20
High
12.00
Current: 6.990
Low
6.00
Averages
8.20
High
12.00
Goldman Sachs
Sell
to
Neutral
upgrade
$7
2025-11-07
Reason
Goldman Sachs
Price Target
$7
2025-11-07
upgrade
Sell
to
Neutral
Reason
Goldman Sachs upgraded Bloomin' Brands to Neutral from Sell with a $7 price target.
Goldman Sachs
Christine Cho
Sell -> Neutral
upgrade
$7
2025-11-07
Reason
Goldman Sachs
Christine Cho
Price Target
$7
2025-11-07
upgrade
Sell -> Neutral
Reason
Goldman Sachs analyst Christine Cho upgraded Bloomin' Brands to Neutral from Sell with a price target of $7, up from $6.50. While the firm acknowledges that Bloomin's turnaround is still in the early stages, it is "encouraged" by the detailed strategy that management outlined for Outback and believes the current share price now offers a balanced risk/reward following year-to-date underperformance and the increased visibility into the Outback turnaround.
Barclays
Jeffrey Bernstein
Equal Weight
maintain
$8 -> $9
2025-07-17
Reason
Barclays
Jeffrey Bernstein
Price Target
$8 -> $9
2025-07-17
maintain
Equal Weight
Reason
Barclays analyst Jeffrey Bernstein raised the firm's price target on Bloomin' Brands to $9 from $8 and keeps an Equal Weight rating on the shares. The firm adjusted price targets in the restaurant group as part of a Q2 update. Comp sales reaccelerated through the quarter, led by value offers, with casual dining leading and quick service lagging, the analyst tells investors in a research note.
Morgan Stanley
Brian Harbour
Equal Weight
maintain
$9 -> $10
2025-07-14
Reason
Morgan Stanley
Brian Harbour
Price Target
$9 -> $10
2025-07-14
maintain
Equal Weight
Reason
Morgan Stanley analyst Brian Harbour raised the firm's price target on Bloomin' Brands to $10 from $9 and keeps an Equal Weight rating on the shares. With industry demand improved, the firm sees a likely better quarter for restaurants and food distributors than Q1, the analyst tells investors in a research note. Ongoing policy noise remains a risk but middle/upper income customer cohorts remain solid, and costs are mostly benign, the firm argues.
About BLMN
Bloomin Brands, Inc. is a casual dining restaurant company. It has four founder-inspired brands: Outback Steakhouse, Carrabbas Italian Grill, BonefishGrill, and Flemings Prime Steakhouse & Wine Bar. The Company’s segment includes U.S. and International Franchise. Outback Steakhouse is a casual steakhouse restaurant concept focused on steaks, bold flavors and Australian decor. Carrabbas Italian Grill offers authentic Italian cuisine passed down from its founder's family recipes. Bonefish Grill specializes in fish from around the world, hand-cut in-house every day, savory wood-grilled specialties, and locally created seasonal partner selection dishes. Flemings Prime Steakhouse & Wine Bar is a contemporary interpretation of the classic American steakhouse, boasting culinary mastery, signature style and unrivaled attentive service to create memorable dining experiences for guests. The Company owns, operates, and franchises over 1,450 restaurants in 46 states, Guam and 12 countries.
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.
