Should You Buy Bloomin' Brands Inc (BLMN) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/29
Bloomin' Brands Inc (BLMN) is not a strong buy at the moment for a beginner investor with a long-term strategy. While there are some positive catalysts such as Freedom Capital's Buy rating and optimism around the Outback turnaround, the company's weak financial performance, bearish technical indicators, and lack of significant recent trading trends make it prudent to hold off on purchasing this stock right now.
Technical Analysis
The technical indicators for BLMN are bearish. The MACD is negatively expanding below zero, the RSI is neutral at 23.134, and the moving averages are bearish (SMA_200 > SMA_20 > SMA_5). The stock is trading near its support level (S1: 6.381), but there is no clear signal for a reversal or upward momentum.
Analyst Ratings and Price Target Trends
Analyst ratings are mixed. Freedom Capital initiated coverage with a Buy rating and a $10 price target, citing optimism about the Outback turnaround. However, BofA lowered its price target to $5 and maintained an Underperform rating. Goldman Sachs upgraded the stock to Neutral with a $7 price target, reflecting a balanced risk/reward view.
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 USD with a low forecast of 6 USD and a high forecast of 11 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 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 USD with a low forecast of 6 USD and a high forecast of 11 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: 6.180
Current: 6.180
