The Cheesecake Factory Incorporated (CAKE)
NASDAQ: CAKE · Real-Time Price · USD
46.67
+0.04 (0.09%)
Nov 21, 2024, 1:34 PM EST - Market open
The Cheesecake Factory Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for CAKE stock have an average target of 44.31, with a low estimate of 36 and a high estimate of 59. The average target predicts a decrease of -5.06% from the current stock price of 46.67.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CAKE stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Hold | 7 | 7 | 7 | 7 | 7 | 7 |
| Sell | 3 | 3 | 3 | 3 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 15 | 15 | 15 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Maintains $52 → $59 | Buy | Maintains | $52 → $59 | +26.42% | Nov 14, 2024 |
| Wedbush | Wedbush | Buy Reiterates $52 | Buy | Reiterates | $52 | +11.42% | Nov 8, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $47 → $49 | Hold | Maintains | $47 → $49 | +4.99% | Oct 30, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $38 → $45 | Hold | Maintains | $38 → $45 | -3.58% | Oct 30, 2024 |
| Barclays | Barclays | Sell Maintains $38 → $44 | Sell | Maintains | $38 → $44 | -5.72% | Oct 30, 2024 |
Financial Forecast
Revenue This Year
3.65B
from 3.44B
Increased by 5.97%
Revenue Next Year
3.84B
from 3.65B
Increased by 5.40%
EPS This Year
3.38
from 2.07
Increased by 63.04%
EPS Next Year
3.77
from 3.38
Increased by 11.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.8B | 4.0B | 4.3B |
| Avg | 3.6B | 3.8B | 4.1B |
| Low | 3.5B | 3.7B | 3.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.6% | 10.4% | 11.1% |
| Avg | 6.0% | 5.4% | 6.1% |
| Low | 1.7% | 0.7% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.54 | 4.11 | 4.62 |
| Avg | 3.38 | 3.77 | 4.14 |
| Low | 3.19 | 3.51 | 3.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 70.9% | 21.6% | 22.7% |
| Avg | 63.0% | 11.6% | 9.9% |
| Low | 54.3% | 4.0% | -1.6% |
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.