Darden Restaurants, Inc. (DRI)
NYSE: DRI · Real-Time Price · USD
188.58
+1.93 (1.03%)
Dec 26, 2024, 12:19 PM EST - Market open

Darden Restaurants Stock Forecast

Stock Price Forecast

The 26 analysts with 12-month price forecasts for Darden Restaurants stock have an average target of 187.54, with a low estimate of 124 and a high estimate of 220. The average target predicts a decrease of -0.55% from the current stock price of 188.58.

Analyst Consensus: Buy
Target Low Average Median High
Price $124 $187.54 $194 $220
Change -34.25% -0.55% +2.87% +16.66%

Analyst Ratings

The average analyst rating for DRI stock from 26 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 778888
Buy 10101110109
Hold 667668
Sell 111111
Strong Sell 000000
Total 242427252526

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Maintains
$193$209
Buy Maintains $193$209 +10.83% Dec 23, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$195$211
Strong Buy Maintains $195$211 +11.89% Dec 20, 2024
BMO Capital
BMO Capital
Hold
Maintains
$165$175
Hold Maintains $165$175 -7.20% Dec 20, 2024
Oppenheimer
Oppenheimer
Buy
Reiterates
$182$200
Buy Reiterates $182$200 +6.06% Dec 20, 2024
Stifel
Stifel
Strong Buy
Maintains
$190$205
Strong Buy Maintains $190$205 +8.71% Dec 20, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
12.20B
from 11.39B
Increased by 7.12%
Revenue Next Year
13.17B
from 12.20B
Increased by 7.94%
EPS This Year
9.54
from 8.51
Increased by 12.16%
EPS Next Year
10.68
from 9.54
Increased by 11.97%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending May 31, 2020 May 30, 2021 May 29, 2022 May 28, 2023 May 26, 2024 May 26, 2025 May 26, 2026 May 26, 2027
Revenue
7.81B7.20B9.63B10.49B11.39B12.20B13.17B13.61B
Revenue Growth
-8.27%-7.82%33.82%8.91%8.60%7.12%7.94%3.30%
EPS
-0.434.787.397.998.519.5410.6811.56
EPS Growth
--54.62%8.15%6.50%12.16%11.97%8.19%
Forward PE
-----19.7717.6516.32
No. Analysts -----333316
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 12.8B 13.8B 14.4B
Avg 12.2B 13.2B 13.6B
Low 11.8B 12.5B 13.1B

Revenue Growth

Revenue Growth 20252026202720282029
High
12.4%
13.4%
9.3%
Avg
7.1%
7.9%
3.3%
Low
3.3%
2.7%
-0.6%

EPS Forecast

EPS 20252026202720282029
High 10.50 11.55 13.22
Avg 9.54 10.68 11.56
Low 8.96 10.05 10.84

EPS Growth

EPS Growth 20252026202720282029
High
23.4%
21.1%
23.8%
Avg
12.2%
12.0%
8.2%
Low
5.3%
5.3%
1.5%
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.