Red Robin Gourmet Burgers, Inc. (RRGB)
NASDAQ: RRGB · Real-Time Price · USD
4.920
-0.050 (-1.01%)
At close: Nov 21, 2024, 4:00 PM
4.890
-0.030 (-0.61%)
After-hours: Nov 21, 2024, 4:35 PM EST

Red Robin Gourmet Burgers Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for RRGB stock have an average target of 12.5, with a low estimate of 10 and a high estimate of 16. The average target predicts an increase of 154.07% from the current stock price of 4.92.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $10 $12.5 $11.5 $16
Change +103.25% +154.07% +133.74% +225.20%
* Price targets were last updated on Aug 23, 2024.

Analyst Ratings

The average analyst rating for RRGB stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 333333
Buy 000000
Hold 221110
Sell 000000
Strong Sell 000000
Total 554443

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Strong Buy
Maintains
$16$10
Strong Buy Maintains $16$10 +103.25% Aug 23, 2024
Lake Street
Lake Street
Strong Buy
Maintains
$17$16
Strong Buy Maintains $17$16 +225.20% Aug 23, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$15$12
Strong Buy Maintains $15$12 +133.74% Aug 23, 2024
Benchmark
Benchmark
Strong Buy
Maintains
$18$16
Strong Buy Maintains $18$16 +225.20% Aug 20, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$20$15
Strong Buy Maintains $20$15 +204.88% Aug 14, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.27B
from 1.30B
Decreased by -2.69%
Revenue Next Year
1.29B
from 1.27B
Increased by 1.34%
EPS This Year
-2.67
from -1.34
EPS Next Year
-1.52
from -2.67
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 29, 2019 Dec 27, 2020 Dec 26, 2021 Dec 25, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.32B868.72M1.16B1.27B1.30B1.27B1.29B1.31B
Revenue Growth
-1.76%-33.94%33.72%8.94%2.96%-2.69%1.34%2.02%
EPS
-0.61-19.29-3.22-4.98-1.34-2.67-1.52-0.76
EPS Growth
--------
Forward PE
--------
No. Analysts -----774
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 1.3B 1.3B 1.3B
Avg 1.3B 1.3B 1.3B
Low 1.2B 1.2B 1.3B

Revenue Growth

Revenue Growth 202420252026
High
0.7%
5.1%
5.0%
Avg
-2.7%
1.3%
2.0%
Low
-7.0%
-3.3%
-2.0%

EPS Forecast

EPS 202420252026
High -2.17 -1.13 -0.62
Avg -2.67 -1.52 -0.76
Low -2.89 -1.77 -0.88

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
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.