Bloomin' Brands, Inc. (BLMN)
NASDAQ: BLMN · IEX Real-Time Price · USD
27.19
+0.15 (0.57%)
Apr 19, 2024, 11:48 AM EDT - Market open
Bloomin' Brands Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Bloomin' Brands stock have an average target of 27.67, with a low estimate of 25 and a high estimate of 32. The average target predicts an increase of 1.78% from the current stock price of 27.19.
Analyst Consensus: Hold
* Price targets were last updated on Feb 26, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 8 | 8 | 9 | 8 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 11 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $27 → $29 | Hold | Maintains | $27 → $29 | +6.68% | Feb 26, 2024 |
| Barclays | Barclays | Buy Maintains $31 → $32 | Buy | Maintains | $31 → $32 | +17.71% | Feb 26, 2024 |
| Citigroup | Citigroup | Hold Maintains $25 → $29 | Hold | Maintains | $25 → $29 | +6.68% | Feb 15, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $26 | Buy → Hold | Downgrades | $26 | -4.36% | Jan 23, 2024 |
| Raymond James | Raymond James | Buy Maintains $28 → $30 | Buy | Maintains | $28 → $30 | +10.35% | Jan 3, 2024 |
Financial Forecast
Revenue This Year
4.65B
from 4.67B
Decreased by -0.48%
Revenue Next Year
4.84B
from 4.65B
Increased by 4.11%
EPS This Year
2.61
from 2.56
Increased by 1.87%
EPS Next Year
2.87
from 2.61
Increased by 10.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.9B | 5.2B | 5.4B |
| Avg | 4.6B | 4.8B | 5.1B |
| Low | 4.4B | 4.5B | 4.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.3% | 11.2% | 12.2% |
| Avg | -0.5% | 4.1% | 4.9% |
| Low | -5.5% | -2.7% | -3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.76 | 3.15 | 3.60 |
| Avg | 2.61 | 2.87 | 3.22 |
| Low | 2.39 | 2.53 | 2.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.9% | 20.7% | 25.3% |
| Avg | 1.9% | 10.1% | 12.3% |
| Low | -6.6% | -3.0% | 1.4% |
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.