Cheesecake Factory (NASDAQ:CAKE) Price Target Raised to $90.00

Cheesecake Factory (NASDAQ:CAKE) had its target price hoisted by Robert W. Baird from $65.00 to $90.00 in a research report report published on Wednesday morning, Marketbeat reports. They currently have a neutral rating on the restaurant operator’s stock.

Several other research analysts have also recently issued reports on the stock. Morgan Stanley raised shares of Cheesecake Factory from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $50.00 to $80.00 in a report on Wednesday. Citigroup upped their price target on shares of Cheesecake Factory from $76.00 to $90.00 and gave the company a “buy” rating in a report on Friday, July 10th. Northcoast Research downgraded Cheesecake Factory from a “buy” rating to a “neutral” rating in a research report on Monday, June 15th. JPMorgan Chase & Co. upgraded Cheesecake Factory from an “underweight” rating to a “neutral” rating and lifted their price objective for the company from $58.00 to $68.00 in a research note on Thursday, May 14th. Finally, Barclays boosted their price objective on Cheesecake Factory from $58.00 to $60.00 and gave the company an “underweight” rating in a report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Cheesecake Factory presently has an average rating of “Hold” and an average price target of $79.81.

Cheesecake Factory Price Performance

Shares of NASDAQ CAKE opened at $101.42 on Wednesday. Cheesecake Factory has a 52 week low of $43.07 and a 52 week high of $103.33. The business’s 50 day moving average price is $77.60 and its 200 day moving average price is $66.16. The company has a quick ratio of 0.53, a current ratio of 0.59 and a debt-to-equity ratio of 1.22. The firm has a market cap of $5.04 billion, a P/E ratio of 27.49, a P/E/G ratio of 1.85 and a beta of 1.01.

Cheesecake Factory (NASDAQ:CAKE) last posted its quarterly earnings results on Tuesday, July 28th. The restaurant operator reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.26. Cheesecake Factory had a net margin of 4.61% and a return on equity of 45.94%. The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $999.54 million. During the same period last year, the firm posted $1.16 EPS. Cheesecake Factory’s revenue for the quarter was up 7.7% compared to the same quarter last year. On average, sell-side analysts expect that Cheesecake Factory will post 4.38 earnings per share for the current year.

Cheesecake Factory Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Tuesday, August 11th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $1.20 dividend on an annualized basis and a yield of 1.2%. Cheesecake Factory’s dividend payout ratio is presently 32.52%.

Insiders Place Their Bets

In other Cheesecake Factory news, Director Alexander L. Cappello sold 2,490 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $64.90, for a total value of $161,601.00. Following the sale, the director directly owned 6,171 shares of the company’s stock, valued at approximately $400,497.90. This trade represents a 28.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ashley W. Hanscom sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $100.00, for a total value of $350,000.00. Following the completion of the sale, the insider directly owned 7,541 shares in the company, valued at approximately $754,100. The trade was a 31.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 74,890 shares of company stock worth $7,353,371. 8.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Cheesecake Factory

Institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC raised its position in shares of Cheesecake Factory by 183.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 133,921 shares of the restaurant operator’s stock worth $7,072,000 after purchasing an additional 86,705 shares during the last quarter. Fisher Asset Management LLC lifted its stake in Cheesecake Factory by 7.2% in the 4th quarter. Fisher Asset Management LLC now owns 503,184 shares of the restaurant operator’s stock valued at $25,401,000 after buying an additional 33,959 shares in the last quarter. Louisiana State Employees Retirement System acquired a new stake in Cheesecake Factory in the 1st quarter worth about $1,111,000. Intech Investment Management LLC boosted its holdings in Cheesecake Factory by 127.7% in the 4th quarter. Intech Investment Management LLC now owns 60,513 shares of the restaurant operator’s stock worth $3,055,000 after buying an additional 33,936 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in Cheesecake Factory by 140.8% in the 4th quarter. SG Americas Securities LLC now owns 26,064 shares of the restaurant operator’s stock worth $1,316,000 after buying an additional 15,242 shares during the last quarter. Institutional investors and hedge funds own 94.48% of the company’s stock.

Key Headlines Impacting Cheesecake Factory

Here are the key news stories impacting Cheesecake Factory this week:

• Positive Sentiment: Record quarterly performance: Cheesecake Factory reported its first quarter with revenue above $1 billion, alongside earnings and revenue that exceeded Wall Street expectations. Revenue increased 7.7% year over year, reinforcing the view that stronger traffic and execution are driving the core brand. Cheesecake Factory quarterly revenues surpass $1B for the first time
• Positive Sentiment: Improved analyst outlook: Zacks added CAKE to its Rank #1, or “Strong Buy,” list, citing favorable earnings-estimate revisions. A separate analysis said stronger namesake-brand traffic, menu innovation, digital engagement and brand expansion could support continued growth. Why Cheesecake Factory Might Be Well Poised for a Surge
• Positive Sentiment: Broader bullish sentiment: Seeking Alpha upgraded the stock to Buy after noting improved core traffic, while Stephens and Robert W. Baird raised their price targets. These actions reinforce investor confidence following the earnings beat. The Cheesecake Factory: Core Traffic Improved
• Neutral Sentiment: Customer engagement initiatives: National Cheesecake Day promotions, including half-price slices and a new brownie-toffee flavor, may support near-term traffic and brand visibility, but their effect on earnings is likely limited. The Cheesecake Factory celebrates National Cheesecake Day
• Negative Sentiment: Large insider sale: CFO Matthew Eliot Clark sold 68,900 shares for approximately $6.8 million after exercising options, reducing his direct stake by about 60%. Another insider sold 3,500 shares for $350,000. The transactions may raise caution because they occurred near record highs, although insider sales can also reflect diversification or scheduled compensation activity. What This Cheesecake Factory Insider Sale Means
• Negative Sentiment: Valuation and execution risks: CAKE has more than doubled during 2026, making its valuation richer. Investors are also watching softer North Italia demand and inflation-driven margin pressure, which could challenge the sustainability of the rally. Is CAKE Stock Still Attractive After Its Powerful 2026 Rally?

Cheesecake Factory Company Profile

The Cheesecake Factory Incorporated (NASDAQ:CAKE) is an American restaurant company and distributor renowned for its full-service casual-dining concept and specialty cheesecakes. Headquartered in Calabasas Hills, California, the company operates more than 200 restaurants under The Cheesecake Factory® brand across the United States, Puerto Rico and select international markets. In addition to sit-down dining, Cheesecake Factory franchised locations offer catering and take-out services, while a separate manufacturing arm supplies branded cheesecakes and desserts to supermarkets, hotels and other foodservice operators.

The origins of the brand trace back to a small cheesecake bakery founded in Detroit in the 1940s.