Red Robin Gourmet Burgers, Inc. (RRGB)
NASDAQ: RRGB · Real-Time Price · USD
5.88
-0.05 (-0.84%)
Nov 4, 2024, 4:00 PM EST - Market closed
Red Robin Gourmet Burgers Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for RRGB stock have an average target of 12.5, with a low estimate of 10 and a high estimate of 16. The average target predicts an increase of 112.59% from the current stock price of 5.88.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 23, 2024.
Analyst Ratings
The average analyst rating for RRGB stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $16 → $10 | Strong Buy | Maintains | $16 → $10 | +70.07% | Aug 23, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $17 → $16 | Strong Buy | Maintains | $17 → $16 | +172.11% | Aug 23, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $15 → $12 | Strong Buy | Maintains | $15 → $12 | +95.58% | Aug 23, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $18 → $16 | Strong Buy | Maintains | $18 → $16 | +172.11% | Aug 20, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $20 → $15 | Strong Buy | Maintains | $20 → $15 | +155.10% | Aug 14, 2024 |
Financial Forecast
Revenue This Year
1.27B
from 1.30B
Decreased by -2.54%
Revenue Next Year
1.29B
from 1.27B
Increased by 1.18%
EPS This Year
-2.47
from -1.34
EPS Next Year
-1.28
from -2.47
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.3B | 1.3B | 1.4B |
| Avg | 1.3B | 1.3B | 1.3B |
| Low | 1.2B | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.7% | 5.0% | 7.2% |
| Avg | -2.5% | 1.2% | 4.0% |
| Low | -6.8% | -3.2% | - |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.17 | -1.13 | -0.53 |
| Avg | -2.47 | -1.28 | -0.51 |
| Low | -2.70 | -1.33 | -0.49 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
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.