The Cheesecake Factory Incorporated (CAKE)
NASDAQ: CAKE · IEX Real-Time Price · USD
39.79
+0.03 (0.08%)
At close: Jul 19, 2024, 4:00 PM
39.66
-0.13 (-0.33%)
Pre-market: Jul 22, 2024, 7:08 AM EDT
The Cheesecake Factory Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for CAKE stock have an average target of 39.23, with a low estimate of 28 and a high estimate of 50. The average target predicts a decrease of -1.41% from the current stock price of 39.79.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CAKE stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 2 | 2 | 3 | 4 | 4 | 4 |
| Hold | 7 | 7 | 6 | 7 | 7 | 7 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Reiterates $45 | Buy | Reiterates | $45 | +13.09% | Jul 19, 2024 |
| Wedbush | Wedbush | Buy Reiterates $45 | Buy | Reiterates | $45 | +13.09% | May 30, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $34 → $40 | Sell | Maintains | $34 → $40 | +0.53% | May 28, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $39 → $43 | Hold | Maintains | $39 → $43 | +8.07% | May 15, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $44 → $50 | Buy | Maintains | $44 → $50 | +25.66% | May 15, 2024 |
Financial Forecast
Revenue This Year
3.68B
from 3.44B
Increased by 7.08%
Revenue Next Year
3.92B
from 3.68B
Increased by 6.33%
EPS This Year
3.21
from 2.07
Increased by 55.16%
EPS Next Year
3.58
from 3.21
Increased by 11.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.8B | 4.1B | 4.3B |
| Avg | 3.7B | 3.9B | 4.2B |
| Low | 3.5B | 3.7B | 3.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.0% | 11.6% | 10.8% |
| Avg | 7.1% | 6.3% | 6.2% |
| Low | 2.3% | 0.6% | 0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.47 | 3.95 | 4.41 |
| Avg | 3.21 | 3.58 | 3.93 |
| Low | 2.94 | 3.03 | 3.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 67.4% | 22.9% | 23.1% |
| Avg | 55.2% | 11.6% | 9.5% |
| Low | 42.0% | -5.7% | -15.5% |
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.