BJ’s Restaurants (NASDAQ:BJRI) Stock Price Down 7.8% – Time to Sell?

BJ’s Restaurants, Inc. (NASDAQ:BJRI)’s share price traded down 7.8% on Friday . The company traded as low as $67.51 and last traded at $68.4780. Approximately 261,692 shares were traded during trading, a decline of 36% from the average daily volume of 410,882 shares. The stock had previously closed at $74.26.

BJ’s Restaurants News Roundup

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

• Positive Sentiment: BJ’s reported fiscal Q2 revenue of $388.9 million, up 6.4% year over year and above the $377.1 million consensus estimate. Adjusted earnings were $0.94 per share, exceeding estimates ranging from $0.87 to $0.90. BJ’s Restaurants Fiscal Second Quarter 2026 Results
• Positive Sentiment: Comparable restaurant sales increased 6.5%, indicating solid customer demand, and management raised its fiscal 2026 financial guidance. BJ’s Restaurants Fiscal Second Quarter 2026 Results
• Positive Sentiment: Benchmark Co. raised its BJRI price target from $68 to $80 and upgraded the stock to “Buy,” implying approximately 18% upside from the referenced share price. Benchmark price target and rating update
• Neutral Sentiment: The earnings call and related coverage provide additional context on the quarter and the company’s outlook, but the available reports do not identify a major change beyond the raised guidance. BJRI Q2 2026 Earnings Call Transcript
• Negative Sentiment: Although results beat expectations, quarterly EPS declined from $0.97 in the prior-year period. With BJRI trading near its 52-week high and at a relatively rich earnings multiple, investors may be demanding stronger profit growth, helping explain the weaker share-price reaction.

Analysts Set New Price Targets

A number of research firms have recently commented on BJRI. Citigroup lifted their price objective on BJ’s Restaurants from $68.00 to $75.00 and gave the stock a “neutral” rating in a research note on Friday. Barclays decreased their target price on BJ’s Restaurants from $42.00 to $38.00 and set an “underweight” rating for the company in a research note on Wednesday, May 6th. Benchmark raised their target price on BJ’s Restaurants from $68.00 to $80.00 and gave the company a “buy” rating in a report on Friday. Weiss Ratings downgraded BJ’s Restaurants from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, Mizuho set a $74.00 price target on BJ’s Restaurants in a report on Friday. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, BJ’s Restaurants has an average rating of “Hold” and an average target price of $56.88.

BJ’s Restaurants Stock Performance

The firm has a fifty day simple moving average of $56.74 and a 200 day simple moving average of $45.62. The company has a current ratio of 0.31, a quick ratio of 0.25 and a debt-to-equity ratio of 0.17. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 36.16, a PEG ratio of 2.15 and a beta of 1.31.

BJ’s Restaurants (NASDAQ:BJRI) last announced its quarterly earnings data on Thursday, July 30th. The restaurant operator reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.04. The company had revenue of $388.89 million for the quarter, compared to analyst estimates of $377.07 million. BJ’s Restaurants had a return on equity of 13.21% and a net margin of 2.86%.BJ’s Restaurants’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.97 EPS. As a group, sell-side analysts expect that BJ’s Restaurants, Inc. will post 2.25 earnings per share for the current year.

Insider Transactions at BJ’s Restaurants

In other BJ’s Restaurants news, CMO Heidi Rogers sold 3,090 shares of BJ’s Restaurants stock in a transaction on Friday, June 12th. The shares were sold at an average price of $53.21, for a total transaction of $164,418.90. Following the sale, the chief marketing officer owned 9,265 shares in the company, valued at $492,990.65. The trade was a 25.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Kendra D. Miller sold 19,261 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $55.60, for a total transaction of $1,070,911.60. Following the completion of the sale, the executive vice president directly owned 28,599 shares in the company, valued at $1,590,104.40. This trade represents a 40.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 63,817 shares of company stock valued at $3,384,688 over the last 90 days. Corporate insiders own 2.40% of the company’s stock.

Institutional Trading of BJ’s Restaurants

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BJRI. WINTON GROUP Ltd boosted its holdings in BJ’s Restaurants by 114.7% during the fourth quarter. WINTON GROUP Ltd now owns 74,958 shares of the restaurant operator’s stock valued at $2,953,000 after purchasing an additional 40,037 shares in the last quarter. Legato Capital Management LLC bought a new stake in shares of BJ’s Restaurants in the 4th quarter valued at approximately $1,148,000. Landscape Capital Management L.L.C. acquired a new position in shares of BJ’s Restaurants in the 4th quarter worth approximately $5,724,000. Burney Co. acquired a new position in shares of BJ’s Restaurants in the 1st quarter worth approximately $3,990,000. Finally, Lisanti Capital Growth LLC bought a new position in shares of BJ’s Restaurants during the 4th quarter worth approximately $3,107,000. Institutional investors own 99.95% of the company’s stock.

BJ’s Restaurants Company Profile

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.