Darden Restaurants, Inc. (DRI)
NYSE: DRI · Real-Time Price · USD
159.92
-2.65 (-1.63%)
Oct 25, 2024, 4:00 PM EDT - Market closed
Darden Restaurants Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Darden Restaurants stock have an average target of 180.12, with a low estimate of 124 and a high estimate of 205. The average target predicts an increase of 12.63% from the current stock price of 159.92.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for DRI stock from 25 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 8 | 9 | 7 | 7 | 8 | 8 |
Buy | 9 | 10 | 10 | 10 | 11 | 10 |
Hold | 4 | 4 | 6 | 6 | 7 | 6 |
Sell | 0 | 0 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 21 | 23 | 24 | 24 | 27 | 25 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Stephens & Co. | Stephens & Co. | Hold Reiterates $164 | Hold | Reiterates | $164 | +2.55% | Oct 14, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $160 → $165 | Hold | Maintains | $160 → $165 | +3.18% | Sep 20, 2024 |
B of A Securities | B of A Securities | Strong Buy Maintains $184 → $195 | Strong Buy | Maintains | $184 → $195 | +21.94% | Sep 20, 2024 |
BTIG | BTIG | Strong Buy Maintains $175 → $195 | Strong Buy | Maintains | $175 → $195 | +21.94% | Sep 20, 2024 |
BMO Capital | BMO Capital | Hold Maintains $165 → $175 | Hold | Maintains | $165 → $175 | +9.43% | Sep 20, 2024 |
Financial Forecast
Revenue This Year
11.92B
from 11.39B
Increased by 4.68%
Revenue Next Year
12.68B
from 11.92B
Increased by 6.32%
EPS This Year
9.61
from 8.51
Increased by 13.01%
EPS Next Year
10.58
from 9.61
Increased by 10.06%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 12.6B | 13.8B | 14.1B | ||
Avg | 11.9B | 12.7B | 13.2B | ||
Low | 11.5B | 12.0B | 12.6B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 10.5% | 15.5% | 11.4% | ||
Avg | 4.7% | 6.3% | 4.0% | ||
Low | 0.9% | 0.9% | -0.8% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 10.50 | 11.81 | 13.44 | ||
Avg | 9.61 | 10.58 | 11.41 | ||
Low | 9.16 | 9.83 | 10.39 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 23.4% | 22.9% | 27.0% | ||
Avg | 13.0% | 10.1% | 7.9% | ||
Low | 7.7% | 2.3% | -1.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.