Red Robin Gourmet Burgers, Inc. (RRGB)
NASDAQ: RRGB · IEX Real-Time Price · USD
5.98
+0.21 (3.64%)
At close: Apr 16, 2024, 4:00 PM
6.05
+0.07 (1.17%)
After-hours: Apr 16, 2024, 4:52 PM EDT

Red Robin Gourmet Burgers Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for RRGB stock have an average target of 13.5, with a low estimate of 9.00 and a high estimate of 18. The average target predicts an increase of 125.75% from the current stock price of 5.98.

Analyst Consensus: Buy
Target Low Average Median High
Price $9.00 $13.5 $18 $18
Change +50.50% +125.75% +201.00% +201.00%

Analyst Ratings

The average analyst rating for RRGB stock from 3 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111111
Buy 000000
Hold 222222
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Strong Buy
Reiterates
$18
Strong Buy Reiterates $18 +201.00% Apr 15, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$18
Strong Buy Reiterates $18 +201.00% Mar 26, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$18
Strong Buy Reiterates $18 +201.00% Mar 5, 2024
Benchmark
Benchmark
Strong Buy
Maintains
$18
Strong Buy Maintains $18 +201.00% Feb 29, 2024
Jefferies
Jefferies
Hold
Maintains
$12$9
Hold Maintains $12$9 +50.50% Oct 3, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
1.28B
from 1.30B
Decreased by -1.77%
Revenue Next Year
1.31B
from 1.28B
Increased by 2.19%
EPS This Year
-1.34
from -1.34
EPS Next Year
-0.27
from -1.34
Year 2019202020212022202320242025
Revenue
1.32B868.72M1.16B1.27B1.30B1.28B1.31B
Revenue Growth
-1.76%-33.94%33.72%8.94%2.96%-1.77%2.19%
EPS
-0.61-19.29-3.22-4.98-1.34-1.34-0.27
EPS Growth
-------
No. Analysts -----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 1.3B 1.4B
Avg 1.3B 1.3B
Low 1.2B 1.2B

Revenue Growth

Revenue Growth 20242025
High
1.8%
6.1%
Avg
-1.8%
2.2%
Low
-6.0%
-2.7%

EPS Forecast

EPS 20242025
High -0.97 0.36
Avg -1.34 -0.27
Low -1.53 -0.59

EPS Growth

EPS Growth 20242025
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.