Darden Restaurants Stock Forecast

Stock Price Forecast

The 25 analysts with 12-month price forecasts for Darden Restaurants stock have an average target of 180.12, with a low estimate of 124 and a high estimate of 205. The average target predicts an increase of 9.46% from the current stock price of 164.56.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$124	$180.12	$180	$205
Change	-24.65%	+9.46%	+9.38%	+24.57%

* Price targets were last updated on Oct 14, 2024.

Analyst Ratings

The average analyst rating for DRI stock from 25 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	9	7	7	8	8	8
Buy	10	10	10	11	10	10
Hold	4	6	6	7	6	6
Sell	0	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	23	24	24	27	25	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jim Salera Stephens & Co.	Stephens & Co.	Hold Reiterates $164	Hold	Reiterates	$164	-0.34%	Oct 14, 2024
Zachary Fadem Wells Fargo	Wells Fargo	Hold Maintains $160 → $165	Hold	Maintains	$160 → $165	+0.27%	Sep 20, 2024
Sara Senatore B of A Securities	B of A Securities	Strong Buy Maintains $184 → $195	Strong Buy	Maintains	$184 → $195	+18.50%	Sep 20, 2024
Peter Saleh BTIG	BTIG	Strong Buy Maintains $175 → $195	Strong Buy	Maintains	$175 → $195	+18.50%	Sep 20, 2024
Andrew Strelzik BMO Capital	BMO Capital	Hold Maintains $165 → $175	Hold	Maintains	$165 → $175	+6.34%	Sep 20, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.25B

from 11.39B

7.56%

from 11.39B

Revenue Next Year

13.21B

from 12.25B

7.85%

from 12.25B

EPS This Year

9.56

from 8.51

12.42%

from 8.51

EPS Next Year

10.67

from 9.56

11.57%

from 9.56

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	May 31, 2020	May 30, 2021	May 29, 2022	May 28, 2023	May 26, 2024	May 26, 2025	May 26, 2026	May 26, 2027
Revenue	7.81B	7.20B	9.63B	10.49B	11.39B	12.25B	13.21B	13.71B
Revenue Growth	-8.27%	-7.82%	33.82%	8.91%	8.60%	7.56%	7.85%	3.76%
EPS	-0.43	4.78	7.39	7.99	8.51	9.56	10.67	11.53
EPS Growth	-	-	54.62%	8.15%	6.50%	12.42%	11.57%	8.04%
Forward PE	-	-	-	-	-	17.21	15.42	14.28
No. Analysts	-	-	-	-	-	32	32	14

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

Revenue Forecast

Revenue	2025	2026	2027
High	12.8B	13.8B	14.4B
Avg	12.3B	13.2B	13.7B
Low	11.8B	12.8B	13.2B

Revenue Growth

Revenue Growth	2025	2026	2027
High	12.4%	12.6%	8.9%
Avg	7.6%	7.9%	3.8%
Low	3.6%	4.2%	-0.3%

EPS Forecast

EPS	2025	2026	2027
High	10.50	11.55	13.22
Avg	9.56	10.67	11.53
Low	9.07	10.00	10.67

EPS Growth

EPS Growth	2025	2026	2027
High	23.4%	20.8%	23.9%
Avg	12.4%	11.6%	8.0%
Low	6.7%	4.5%	-0.0%

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.