Red Robin Gourmet Burgers, Inc. (RRGB)
NASDAQ: RRGB · Real-Time Price · USD
5.31
+0.30 (5.99%)
At close: Dec 20, 2024, 4:00 PM
5.15
-0.16 (-3.01%)
After-hours: Dec 20, 2024, 7:18 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 135.40% from the current stock price of 5.31.
Analyst Consensus: Strong Buy
* 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $16 → $10 | Strong Buy | Maintains | $16 → $10 | +88.32% | Aug 23, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $17 → $16 | Strong Buy | Maintains | $17 → $16 | +201.32% | Aug 23, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $15 → $12 | Strong Buy | Maintains | $15 → $12 | +116.57% | Aug 23, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $18 → $16 | Strong Buy | Maintains | $18 → $16 | +201.32% | Aug 20, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $20 → $15 | Strong Buy | Maintains | $20 → $15 | +182.49% | Aug 14, 2024 |
Financial Forecast
Revenue This Year
1.27B
from 1.30B
Decreased by -2.69%
Revenue Next Year
1.28B
from 1.27B
Increased by 0.95%
EPS This Year
-2.99
from -1.34
EPS Next Year
-1.75
from -2.99
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.7% | 4.6% | 5.4% |
| Avg | -2.7% | 0.9% | 2.4% |
| Low | -7.0% | -3.6% | -1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.93 | -1.71 | -0.62 |
| Avg | -2.99 | -1.75 | -0.76 |
| Low | -2.96 | -1.77 | -0.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.