Bloomin' Brands, Inc. (BLMN)
NASDAQ: BLMN · Real-Time Price · USD
11.95
+0.03 (0.25%)
At close: Dec 20, 2024, 4:00 PM
12.14
+0.19 (1.59%)
After-hours: Dec 20, 2024, 5:39 PM EST
Bloomin' Brands Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Bloomin' Brands stock have an average target of 18, with a low estimate of 13 and a high estimate of 22. The average target predicts an increase of 50.63% from the current stock price of 11.95.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for BLMN stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 8 | 7 | 7 | 8 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Total | 10 | 9 | 9 | 10 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Sell Initiates $13 | Strong Sell | Initiates | $13 | +8.79% | Dec 5, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $19 → $14 | Hold | Maintains | $19 → $14 | +17.15% | Nov 12, 2024 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Nov 11, 2024 |
| Barclays | Barclays | Buy Maintains $20 → $19 | Buy | Maintains | $20 → $19 | +59.00% | Nov 11, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $20 → $16 | Hold | Maintains | $20 → $16 | +33.89% | Nov 11, 2024 |
Financial Forecast
Revenue This Year
4.52B
from 4.67B
Decreased by -3.18%
Revenue Next Year
4.32B
from 4.52B
Decreased by -4.40%
EPS This Year
1.83
from 2.56
Decreased by -28.50%
EPS Next Year
1.86
from 1.83
Increased by 1.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.7B | 4.9B | 5.0B | |
| Avg | 4.5B | 4.3B | 4.4B | |
| Low | 4.3B | 3.8B | 3.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.3% | 7.3% | 15.0% | |
| Avg | -3.2% | -4.4% | 1.6% | |
| Low | -8.6% | -15.6% | -10.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.93 | 2.28 | 2.74 | |
| Avg | 1.83 | 1.86 | 2.10 | |
| Low | 1.71 | 1.48 | 1.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -24.5% | 24.5% | 47.7% | |
| Avg | -28.5% | 1.4% | 13.1% | |
| Low | -33.0% | -19.0% | -2.1% |
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.