Cracker Barrel Old Country Store, Inc. (CBRL)

Cracker Barrel Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Cracker Barrel stock have an average target of 53, with a low estimate of 42 and a high estimate of 75. The average target predicts an increase of 15.59% from the current stock price of 45.85.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$42	$53	$45	$75
Change	-8.40%	+15.59%	-1.85%	+63.58%

* Price targets were last updated on Sep 20, 2024.

Analyst Ratings

The average analyst rating for Cracker Barrel stock from 8 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	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	5	5	6	6	6	6
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	7	7	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sara Senatore B of A Securities	B of A Securities	Sell Maintains $40 → $42	Sell	Maintains	$40 → $42	-8.40%	Sep 20, 2024
Jake Bartlett Truist Securities	Truist Securities	Hold Maintains $42 → $44	Hold	Maintains	$42 → $44	-4.03%	Sep 20, 2024
Alton Stump Loop Capital	Loop Capital	Hold Maintains $50 → $45	Hold	Maintains	$50 → $45	-1.85%	Sep 20, 2024
Jake Bartlett Truist Securities	Truist Securities	Hold Maintains $46 → $42	Hold	Maintains	$46 → $42	-8.40%	Sep 5, 2024
Jim Kelleher Argus Research	Argus Research	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Aug 6, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3.50B

Increased by 0.84%

from 3.47B

Revenue Next Year

3.56B

Increased by 1.69%

from 3.50B

EPS This Year

2.93

Increased by 60.07%

from 1.83

EPS Next Year

3.55

Increased by 21.06%

from 2.93

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jul 31, 2020	Jul 30, 2021	Jul 29, 2022	Jul 28, 2023	Aug 2, 2024	Aug 2, 2025	Aug 2, 2026	Aug 2, 2027
Revenue	2.52B	2.82B	3.27B	3.44B	3.47B	3.50B	3.56B	3.62B
Revenue Growth	-17.88%	11.84%	15.82%	5.36%	0.81%	0.84%	1.69%	1.80%
EPS	-1.36	10.71	5.67	4.45	1.83	2.93	3.55	4.29
EPS Growth	-	-	-47.06%	-21.52%	-58.88%	60.07%	21.06%	21.00%
Forward PE	-	-	-	-	-	15.65	12.93	10.69
No. Analysts	-	-	-	-	-	12	10	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	3.6B	3.7B	3.8B
Avg	3.5B	3.6B	3.6B
Low	3.3B	3.3B	3.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	4.5%	6.8%	8.0%
Avg	0.8%	1.7%	1.8%
Low	-4.4%	-4.5%	-4.0%

EPS Forecast

EPS	2025	2026	2027
High	3.57	4.06	5.63
Avg	2.93	3.55	4.29
Low	2.44	2.76	3.25

EPS Growth

EPS Growth	2025	2026	2027
High	95.1%	38.7%	58.7%
Avg	60.1%	21.1%	21.0%
Low	33.3%	-5.9%	-8.2%

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.