Brinker International (NYSE:EAT) Given New $280.00 Price Target at Wells Fargo & Company

Brinker International (NYSE:EAT) had its price objective increased by analysts at Wells Fargo & Company from $220.00 to $280.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the restaurant operator’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 14.52% from the stock’s previous close.

EAT has been the topic of a number of other reports. Morgan Stanley raised their target price on shares of Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. DA Davidson boosted their price target on Brinker International from $160.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday. Citigroup raised their price objective on Brinker International from $189.00 to $227.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. KeyCorp lifted their target price on Brinker International from $204.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, TD Cowen upped their target price on Brinker International from $210.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday. Sixteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $223.55.

Brinker International Stock Up 10.4%

Shares of EAT opened at $244.50 on Thursday. The firm has a fifty day moving average price of $182.95 and a 200-day moving average price of $159.65. The company has a current ratio of 0.40, a quick ratio of 0.35 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $10.49 billion, a P/E ratio of 23.97, a P/E/G ratio of 1.31 and a beta of 1.24. Brinker International has a 12-month low of $100.30 and a 12-month high of $252.52.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing the consensus estimate of $3.09 by ($0.02). Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The company had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.53 billion. During the same period in the prior year, the business earned $2.30 EPS. The company’s quarterly revenue was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Equities research analysts expect that Brinker International will post 10.76 earnings per share for the current year.

Institutional Trading of Brinker International

A number of institutional investors have recently modified their holdings of EAT. Allworth Financial LP boosted its position in Brinker International by 58.5% in the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 83 shares in the last quarter. Rezny Wealth Management Inc. increased its holdings in Brinker International by 0.8% in the 4th quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock worth $1,685,000 after acquiring an additional 92 shares in the last quarter. Salomon & Ludwin LLC raised its holdings in shares of Brinker International by 45.1% during the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after acquiring an additional 93 shares during the last quarter. New Age Alpha Advisors LLC raised its stake in Brinker International by 4.8% in the 4th quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock valued at $294,000 after purchasing an additional 94 shares during the last quarter. Finally, Smith Group Asset Management LLC lifted its stake in shares of Brinker International by 0.5% in the second quarter. Smith Group Asset Management LLC now owns 20,669 shares of the restaurant operator’s stock worth $3,472,000 after buying an additional 104 shares in the last quarter.

Key Brinker International News

Here are the key news stories impacting Brinker International this week:

• Positive Sentiment: Above-consensus fiscal 2027 outlook: Brinker forecast adjusted EPS of $12.60–$13.40 and revenue of $6.2–$6.3 billion, exceeding consensus estimates of $12.47 EPS and $6.1 billion in revenue. Brinker fiscal 2026 results and fiscal 2027 guidance
• Positive Sentiment: Continued Chili’s sales momentum: Chili’s delivered its fifth consecutive year of same-store sales growth, with cumulative gains of 71% over that period. New chicken-sandwich offerings and increased focus on takeout and digital ordering are supporting traffic and sales. MarketWatch Chili’s chicken-sandwich sales
• Positive Sentiment: Analyst targets rose sharply: Stephens raised its target to $300 and maintained an overweight rating; KeyCorp lifted its target to $275 and kept an overweight rating; Mizuho raised its target to $275 with an outperform rating; and TD Cowen increased its target to $270 with a buy rating. DA Davidson also raised its target to $260, though it retained a neutral rating. Analyst forecasts following Brinker earnings
• Positive Sentiment: Profitability and shareholder returns: Management reported expanding earnings, announced an expanded share-buyback program, and highlighted growing momentum across the business.
• Neutral Sentiment: Solid but mixed quarterly results: Fiscal fourth-quarter revenue rose 5.1% year over year to $1.54 billion, slightly above estimates, while EPS of $3.07 was narrowly below the $3.09 consensus. EPS still increased from the prior-year quarter.
• Negative Sentiment: Valuation and cautious ratings remain risks: BMO Capital Markets raised its target to $230 but maintained a market-perform rating, leaving its target below the referenced share price. The stock is also trading near its 52-week high, which may limit near-term upside if growth expectations soften.

Brinker International Company Profile

Brinker International, Inc (NYSE: EAT) is a leading global operator of casual dining restaurants. The company’s portfolio is anchored by its flagship Chili’s® Grill & Bar concept and Maggiano’s® Little Italy full?service restaurants, offering a range of American?style menu items, handcrafted cocktails and family?friendly dining experiences. Through dine?in, takeout, delivery and catering services, Brinker seeks to meet consumer preferences across multiple channels.

The Chili’s brand features signature items such as baby back ribs, burgers and fajitas alongside a rotating selection of limited?time offerings and seasonal beverages.