The Cheesecake Factory Incorporated (NASDAQ:CAKE) Stock Has Average Price Target of $90.33

The Cheesecake Factory Incorporated (NASDAQ:CAKE) has earned an average recommendation of “Hold” from the eighteen ratings firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $95.13.

CAKE has been the subject of a number of research reports. Bank of America boosted their target price on shares of Cheesecake Factory from $66.00 to $79.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Argus upped their price target on shares of Cheesecake Factory from $72.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Mizuho increased their price target on Cheesecake Factory from $93.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, October 23rd. Citigroup lifted their price objective on Cheesecake Factory from $104.00 to $128.00 and gave the company a “buy” rating in a research note on Wednesday, October 14th. Finally, Robert W. Baird boosted their price objective on Cheesecake Factory from $105.00 to $120.00 and gave the company a “neutral” rating in a report on Thursday, October 22nd.

Insider Activity

In related news, EVP Scarlett May sold 7,978 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of $102.66, for a total transaction of $819,021.48. Following the sale, the executive vice president directly owned 18,241 shares of the company’s stock, valued at approximately $1,872,621.06. This represents a 30.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Chairman David Overton sold 94,145 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $106.27, for a total transaction of $10,004,789.15. Following the sale, the chairman directly owned 89,805 shares in the company, valued at $9,543,577.35. This trade represents a 51.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 213,749 shares of company stock valued at $22,301,899 over the last 90 days. Company insiders own 8.00% of the company’s stock.

Hedge Funds Weigh In On Cheesecake Factory

A number of large investors have recently bought and sold shares of CAKE. Public Employees Retirement System of Ohio purchased a new position in Cheesecake Factory in the 2nd quarter valued at $2,367,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Cheesecake Factory during the second quarter worth $2,606,000. Corient Private Wealth LP grew its stake in Cheesecake Factory by 269.9% during the 2nd quarter. Corient Private Wealth LP now owns 100,951 shares of the restaurant operator’s stock valued at $8,030,000 after acquiring an additional 73,659 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in Cheesecake Factory during the 2nd quarter valued at about $1,731,000. Finally, Headlands Technologies LLC raised its holdings in Cheesecake Factory by 29.7% in the 2nd quarter. Headlands Technologies LLC now owns 42,640 shares of the restaurant operator’s stock valued at $3,392,000 after acquiring an additional 9,765 shares during the last quarter. Institutional investors and hedge funds own 94.48% of the company’s stock.

Cheesecake Factory Trading Down 1.5%

Shares of NASDAQ:CAKE opened at $108.47 on Wednesday. Cheesecake Factory has a twelve month low of $43.07 and a twelve month high of $118.63. The company’s 50 day moving average is $107.77 and its 200 day moving average is $78.89. The company has a market cap of $5.40 billion, a PE ratio of 29.40 and a beta of 1.04.

Cheesecake Factory (NASDAQ:CAKE) last announced its quarterly earnings data on Tuesday, October 27th. The restaurant operator reported $1.02 EPS for the quarter, beating the consensus estimate of $0.96 by $0.06. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter in the previous year, the firm posted $0.66 earnings per share. The business’s revenue was up 13.9% on a year-over-year basis. Equities research analysts predict that Cheesecake Factory will post 4.71 earnings per share for the current fiscal year.

Key Headlines Impacting Cheesecake Factory

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

• Positive Sentiment: Record quarterly performance: CAKE reported third-quarter earnings of $1.02 per share, above the $0.95–$0.96 analyst consensus and up from $0.68 a year earlier. Revenue reached $1.03 billion, exceeding expectations of approximately $1.0 billion. Cheesecake Factory Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Strong comparable sales: Revenue growth was driven by a 15.2% increase in comparable sales at the namesake Cheesecake Factory restaurants, signaling resilient customer demand and improved operating momentum. Cheesecake Factory Logs Higher Revenue
• Positive Sentiment: Favorable analyst and institutional signals: Zacks recently designated CAKE a Rank #1 “Strong Buy” momentum stock and identified it as a preferred casual-dining pick versus Texas Roadhouse based on earnings revisions, margin expansion and share-price momentum.
• Neutral Sentiment: Political publicity: The company received substantial media attention after comments comparing White House renovations with a Cheesecake Factory. The publicity may increase brand visibility, but it has no clear direct effect on sales or earnings.
• Negative Sentiment: Profit-taking and high expectations: CAKE had rallied sharply during 2026, prompting investors to lock in gains before the earnings release. Mixed analyst sentiment and valuation concerns raised the risk that even strong results would not satisfy expectations.
• Negative Sentiment: Insider selling and valuation risk: Reported insider transactions showed sales but no purchases over the past six months. In addition, recently cited price targets of $68 and $79 were well below the stock’s recent trading range, suggesting some analysts viewed the shares as fully valued.

Cheesecake Factory Company Profile

The Cheesecake Factory Incorporated is a restaurant company best known for The Cheesecake Factory, a full-service casual dining brand offering an extensive menu of American and international-inspired dishes, along with a broad selection of cheesecakes and other desserts. The company also operates North Italia, an Italian restaurant concept, and owns Fox Restaurant Concepts, which develops and operates additional restaurant brands, including Flower Child and Culinary Dropout.

The company was founded by David Overton, who opened the first Cheesecake Factory restaurant in Beverly Hills, California, in 1978 after his parents began a cheesecake business.