Bloomin' Brands, Inc. (BLMN)
NASDAQ: BLMN · IEX Real-Time Price · USD
19.02
-0.29 (-1.50%)
At close: Jul 2, 2024, 4:00 PM
19.40
+0.38 (2.00%)
After-hours: Jul 2, 2024, 6:45 PM EDT
Bloomin' Brands Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Bloomin' Brands stock have an average target of 27, with a low estimate of 24 and a high estimate of 30. The average target predicts an increase of 41.96% from the current stock price of 19.02.
Analyst Consensus: Hold
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for BLMN stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 9 | 8 | 8 | 8 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 10 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $26 → $24 | Hold | Maintains | $26 → $24 | +26.18% | May 28, 2024 |
| Barclays | Barclays | Buy Maintains $32 → $30 | Buy | Maintains | $32 → $30 | +57.73% | May 8, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $29 → $27 | Hold | Maintains | $29 → $27 | +41.96% | May 8, 2024 |
| UBS | UBS | Hold Maintains $30 → $26 | Hold | Maintains | $30 → $26 | +36.70% | May 8, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $27 → $29 | Hold | Maintains | $27 → $29 | +52.47% | Feb 26, 2024 |
Financial Forecast
Revenue This Year
4.64B
from 4.67B
Decreased by -0.65%
Revenue Next Year
4.83B
from 4.64B
Increased by 4.01%
EPS This Year
2.53
from 2.56
Decreased by -1.28%
EPS Next Year
2.78
from 2.53
Increased by 9.83%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.8B | 5.1B | 5.3B |
| Avg | 4.6B | 4.8B | 5.0B |
| Low | 4.4B | 4.6B | 4.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.2% | 9.1% | 10.0% |
| Avg | -0.7% | 4.0% | 4.4% |
| Low | -5.3% | -1.6% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.78 | 3.01 | 3.38 |
| Avg | 2.53 | 2.78 | 3.05 |
| Low | 2.21 | 2.34 | 2.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.7% | 19.2% | 21.9% |
| Avg | -1.3% | 9.8% | 9.8% |
| Low | -13.9% | -7.3% | -10.0% |
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.