BJ’s Restaurants, Inc. (NASDAQ:BJRI) Receives $42.00 Average Price Target from Brokerages

BJ’s Restaurants, Inc. (NASDAQ:BJRI) has been given an average rating of “Hold” by the eleven brokerages that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $44.25.

A number of brokerages have recently issued reports on BJRI. Barclays cut their price objective on shares of BJ’s Restaurants from $42.00 to $38.00 and set an “underweight” rating for the company in a research report on Wednesday, May 6th. Citigroup cut their price target on BJ’s Restaurants from $49.00 to $47.00 and set a “neutral” rating for the company in a report on Thursday, April 16th. Benchmark upped their price target on BJ’s Restaurants from $50.00 to $68.00 and gave the stock a “buy” rating in a research report on Friday. Weiss Ratings downgraded BJ’s Restaurants from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Finally, Mizuho decreased their price objective on BJ’s Restaurants from $44.00 to $40.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd.

Insider Buying and Selling

In other BJ’s Restaurants news, Director Noah A. Elbogen sold 4,652 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $54.00, for a total value of $251,208.00. Following the completion of the transaction, the director directly owned 76,235 shares in the company, valued at $4,116,690. This represents a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Lea Anne Ottinger sold 2,792 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $53.50, for a total transaction of $149,372.00. Following the completion of the sale, the director directly owned 39,701 shares of the company’s stock, valued at approximately $2,124,003.50. This trade represents a 6.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 63,817 shares of company stock worth $3,384,688 in the last ninety days. Corporate insiders own 2.40% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. UBS Group AG lifted its position in shares of BJ’s Restaurants by 576.9% in the third quarter. UBS Group AG now owns 1,451,883 shares of the restaurant operator’s stock valued at $44,326,000 after acquiring an additional 1,237,383 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of BJ’s Restaurants by 48.8% during the third quarter. Arrowstreet Capital Limited Partnership now owns 935,375 shares of the restaurant operator’s stock worth $28,557,000 after purchasing an additional 306,930 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in shares of BJ’s Restaurants during the second quarter worth about $13,380,000. Balyasny Asset Management L.P. bought a new stake in BJ’s Restaurants during the 4th quarter valued at approximately $10,863,000. Finally, Millennium Management LLC raised its stake in BJ’s Restaurants by 394.5% during the 4th quarter. Millennium Management LLC now owns 309,269 shares of the restaurant operator’s stock valued at $12,185,000 after purchasing an additional 246,733 shares during the period. Hedge funds and other institutional investors own 99.95% of the company’s stock.

More BJ’s Restaurants News

Here are the key news stories impacting BJ’s Restaurants this week:

• Positive Sentiment: William Blair upgraded BJ’s Restaurants to outperform from market perform, signaling improved expectations for the company. Article: William Blair Upgrades BJ’s Restaurants (BJRI) to Outperform
• Positive Sentiment: Benchmark lifted its price target on BJRI to $68 from $50 and maintained a buy rating, suggesting limited near-term upside but validating the stock’s recent strength. Article: Benchmark Raises Price Target on BJ’s Restaurants (BJRI)
• Neutral Sentiment: BJ’s Restaurants announced it will report second-quarter 2026 earnings on July 30 after the market close and host a conference call the same day, which keeps investors focused on upcoming results. Article: BJ’s Restaurants Announces Date for Second Quarter 2026 Earnings Release and Conference Call
• Neutral Sentiment: A Seeking Alpha article discussed BJ’s Restaurants remaining attractive even after its recent run-up, reflecting ongoing market interest in the stock’s valuation and momentum. Article: BJ’s Restaurants Remains Tasty Even After Heating Up

BJ’s Restaurants Price Performance

BJ’s Restaurants stock opened at $67.49 on Monday. BJ’s Restaurants has a one year low of $28.46 and a one year high of $68.02. The stock has a fifty day moving average of $51.54 and a 200 day moving average of $43.73. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.25 and a current ratio of 0.31. The stock has a market cap of $1.42 billion, a PE ratio of 34.09, a price-to-earnings-growth ratio of 2.16 and a beta of 1.31.

BJ’s Restaurants (NASDAQ:BJRI) last announced its earnings results on Tuesday, May 5th. The restaurant operator reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.04). BJ’s Restaurants had a return on equity of 13.48% and a net margin of 3.15%.The firm had revenue of $358.12 million during the quarter, compared to analysts’ expectations of $356.97 million. During the same period in the previous year, the business posted $0.59 earnings per share. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. As a group, sell-side analysts predict that BJ’s Restaurants will post 2.23 EPS for the current year.

About BJ’s Restaurants

BJ’s Restaurants, Inc is a publicly traded casual dining chain known for its deep?dish pizzas, California?style thin crust offerings and in?house craft beer selections. Operating under the BJ’s Restaurant & Brewhouse brand, the company combines a microbrewery concept with full?service dining, offering an extensive menu that includes appetizers, salads, pasta dishes, sandwiches and the signature Pizookie dessert.

Founded in 1978 in Orange County, California, BJ’s Restaurants began as BJ’s Chicago Pizzeria, bringing a Chicago?style pizza experience to the West Coast.