The Cheesecake Factory Incorporated (CAKE)
NASDAQ: CAKE · IEX Real-Time Price · USD
34.52
-0.23 (-0.66%)
At close: Apr 30, 2024, 4:00 PM
33.57
-0.95 (-2.75%)
After-hours: Apr 30, 2024, 7:58 PM EDT
The Cheesecake Factory Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for CAKE stock have an average target of 34.8, with a low estimate of 28 and a high estimate of 44. The average target predicts an increase of 0.81% from the current stock price of 34.52.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CAKE stock from 12 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 | 1 | 2 | 2 | 2 | 2 | 3 |
| Hold | 9 | 8 | 7 | 7 | 7 | 6 |
| Sell | 2 | 2 | 3 | 3 | 3 | 3 |
| Strong Sell | 2 | 1 | 1 | 0 | 0 | 0 |
| Total | 14 | 13 | 13 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Initiates $44 | Buy | Initiates | $44 | +27.46% | Apr 12, 2024 |
| Wedbush | Wedbush | Buy Reiterates $40 | Buy | Reiterates | $40 | +15.87% | Apr 10, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $33 → $37 | Hold | Maintains | $33 → $37 | +7.18% | Feb 22, 2024 |
| Oppenheimer | Oppenheimer | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Feb 22, 2024 |
| Barclays | Barclays | Sell Maintains $32 → $33 | Sell | Maintains | $32 → $33 | -4.40% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
3.69B
from 3.44B
Increased by 7.25%
Revenue Next Year
3.94B
from 3.69B
Increased by 6.75%
EPS This Year
3.13
from 2.07
Increased by 51.16%
EPS Next Year
3.52
from 3.13
Increased by 12.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.8B | 4.1B | 4.4B |
| Avg | 3.7B | 3.9B | 4.2B |
| Low | 3.5B | 3.7B | 4.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.1% | 11.2% | 11.5% |
| Avg | 7.3% | 6.7% | 6.9% |
| Low | 2.5% | 1.2% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.52 | 4.10 | 4.73 |
| Avg | 3.13 | 3.52 | 4.00 |
| Low | 2.80 | 2.97 | 3.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 69.9% | 30.9% | 34.2% |
| Avg | 51.2% | 12.5% | 13.6% |
| Low | 35.4% | -5.1% | -7.3% |
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.