Restaurant Brands International Inc. (QSR)

Restaurant Brands International Stock Forecast

Stock Price Forecast

The 22 analysts with 12-month price forecasts for QSR stock have an average target of 83.3, with a low estimate of 73 and a high estimate of 93. The average target predicts an increase of 14.52% from the current stock price of 72.74.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$73	$83.3	$82.5	$93
Change	+0.36%	+14.52%	+13.42%	+27.85%

Analyst Ratings

The average analyst rating for Restaurant Brands International stock from 24 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	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	5	5	6	6	6	6
Buy	13	13	11	11	11	11
Hold	8	8	8	8	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	26	26	25	25	24	24

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Glass Morgan Stanley	Morgan Stanley	Hold Maintains $86 → $83	Hold	Maintains	$86 → $83	+14.11%	Jul 16, 2024
Jake Bartlett Truist Securities	Truist Securities	Strong Buy Maintains $90 → $87	Strong Buy	Maintains	$90 → $87	+19.60%	Jul 9, 2024
Eric Gonzalez Keybanc	Keybanc	Buy Maintains $85 → $80	Buy	Maintains	$85 → $80	+9.98%	Jun 27, 2024
Andrew Charles TD Cowen	TD Cowen	Strong Buy Reiterates $88	Strong Buy	Reiterates	$88	+20.98%	Jun 13, 2024
Christine Cho Goldman Sachs	Goldman Sachs	Strong Buy Initiates $80	Strong Buy	Initiates	$80	+9.98%	Jun 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

8.18B

Increased by 16.45%

from 7.02B

Revenue Next Year

8.94B

Increased by 9.36%

from 8.18B

EPS This Year

3.47

Decreased by -7.80%

from 3.76

EPS Next Year

3.93

Increased by 13.50%

from 3.47

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	5.60B	4.97B	5.74B	6.51B	7.02B	8.18B	8.94B	9.42B	10.04B	10.47B
Revenue Growth	4.59%	-11.33%	15.52%	13.35%	7.95%	16.45%	9.36%	5.37%	6.57%	4.25%
EPS	2.37	1.60	2.69	3.25	3.76	3.47	3.93	4.43	4.67	5.17
EPS Growth	-2.07%	-32.49%	68.12%	20.82%	15.69%	-7.80%	13.50%	12.60%	5.32%	10.82%
Forward PE	-	-	-	-	-	20.98	18.49	16.42	15.59	14.07
No. Analysts	-	-	-	-	-	28	28	13	2	2

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	9.1B	10.4B	10.8B	10.6B	11.1B
Avg	8.2B	8.9B	9.4B	10.0B	10.5B
Low	7.2B	7.5B	7.9B	9.6B	10.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	29.8%	27.2%	20.6%	12.9%	10.6%
Avg	16.4%	9.4%	5.4%	6.6%	4.3%
Low	3.1%	-8.3%	-12.0%	1.4%	-0.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	4.28	4.70	5.23	4.85	5.38
Avg	3.47	3.93	4.43	4.67	5.17
Low	3.21	3.62	3.90	4.53	5.02

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	13.9%	35.7%	32.9%	9.5%	15.2%
Avg	-7.8%	13.5%	12.6%	5.3%	10.8%
Low	-14.5%	4.3%	-0.9%	2.2%	7.5%

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.