Darden Restaurants, Inc. (DRI)
NYSE: DRI · Real-Time Price · USD
167.93
+3.37 (2.05%)
Nov 22, 2024, 11:58 AM EST - Market open
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 7.26% from the current stock price of 167.93.
Analyst Consensus: Buy
* Price targets were last updated on Oct 14, 2024.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 7 | 7 | 8 | 8 | 8 |
| Buy | 10 | 10 | 10 | 11 | 10 | 10 |
| Hold | 4 | 6 | 6 | 7 | 6 | 6 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 24 | 24 | 27 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Reiterates $164 | Hold | Reiterates | $164 | -2.34% | Oct 14, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $160 → $165 | Hold | Maintains | $160 → $165 | -1.74% | Sep 20, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $184 → $195 | Strong Buy | Maintains | $184 → $195 | +16.12% | Sep 20, 2024 |
| BTIG | BTIG | Strong Buy Maintains $175 → $195 | Strong Buy | Maintains | $175 → $195 | +16.12% | Sep 20, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $165 → $175 | Hold | Maintains | $165 → $175 | +4.21% | Sep 20, 2024 |
Financial Forecast
Revenue This Year
12.25B
from 11.39B
Increased by 7.56%
Revenue Next Year
13.21B
from 12.25B
Increased by 7.85%
EPS This Year
9.56
from 8.51
Increased by 12.42%
EPS Next Year
10.67
from 9.56
Increased by 11.57%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 12.8B | 13.8B | 14.4B | ||
| Avg | 12.3B | 13.2B | 13.7B | ||
| Low | 11.8B | 12.8B | 13.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 12.4% | 12.6% | 8.9% | ||
| Avg | 7.6% | 7.9% | 3.8% | ||
| Low | 3.6% | 4.2% | -0.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 10.50 | 11.55 | 13.22 | ||
| Avg | 9.56 | 10.67 | 11.53 | ||
| Low | 9.07 | 10.00 | 10.67 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 23.4% | 20.8% | 23.9% | ||
| Avg | 12.4% | 11.6% | 8.0% | ||
| Low | 6.7% | 4.5% | -0.0% |
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.