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Bloomin' Brands (BLMN) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

BLMN Stock Forecast

Bloomin' Brands stock forecast is as follows: an average price target of $20.00 (represents a 67.36% upside from BLMN’s last price of $11.95) and a rating consensus of 'Hold', based on 10 wall street analysts offering a 1-year stock forecast.

BLMN Price Target

The average price target for Bloomin' Brands (BLMN) is $20.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $28.00 to $16.00. This represents a potential 67.36% upside from BLMN's last price of $11.95.

BLMN Analyst Ratings

Hold

According to 10 Wall Street analysts, Bloomin' Brands's rating consensus is 'Hold'. The analyst rating breakdown for BLMN stock is 0 'Strong Buy' (0.00%), 3 'Buy' (30.00%), 7 'Hold' (70.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Bloomin' Brands Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 11, 2024Andrew StrelzikBMO Capital$16.00$15.801.23%33.89%
Nov 11, 2024Brian MullanPiper Sandler$16.00$15.801.23%33.89%
Aug 27, 2024Andy BarishJefferies$28.00$17.3761.20%134.31%
Aug 16, 2024Jon TowerCitigroup$20.00$17.2715.81%67.36%
Aug 07, 2024Andrew StrelzikBMO Capital$20.00$16.9817.79%67.36%
May 07, 2024Andy BarishJefferies$33.00$23.9637.73%176.15%
Nov 08, 2023Andrew StrelzikLoop Capital Markets$24.00$22.775.40%100.84%
Aug 08, 2022Brian MullanDeutsche Bank$28.00$20.4237.12%134.31%
Jun 01, 2021John IvankoeJ.P. Morgan$33.00$29.0213.71%176.15%

The latest Bloomin' Brands stock forecast, released on Nov 11, 2024 by Andrew Strelzik from BMO Capital, set a price target of $16.00, which represents a 1.23% increase from the stock price at the time of the forecast ($15.80), and a 33.89% increase from BLMN last price ($11.95).

Bloomin' Brands Price Target by Period

1M3M12M
# Anlaysts-26
Avg Price Target-$16.00$22.17
Last Closing Price$11.95$11.95$11.95
Upside/Downside-100.00%33.89%85.52%

In the current month, the average price target of Bloomin' Brands stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Bloomin' Brands's last price of $11.95. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Sep 16, 2024Deutsche BankHoldHoldHold
Sep 16, 2024CitigroupNeutralNeutralHold
Aug 27, 2024JefferiesBuyBuyHold
Aug 16, 2024CitigroupNeutralNeutralHold
Aug 07, 2024UBSNeutralNeutralHold
Aug 07, 2024BMO CapitalMarket PerformMarket PerformHold
Jun 05, 2024J.P. MorganNeutralNeutralHold
Jun 05, 2024UBSNeutralNeutralHold
May 07, 2024JefferiesBuyBuyHold
Feb 26, 2024BernsteinOverweightOverweightHold
Feb 26, 2024BMO CapitalMarket PerformMarket PerformHold
Nov 08, 2023BMO CapitalPerformPerformHold
Nov 06, 2023Piper SandlerNeutralNeutralHold
Nov 06, 2023BernsteinOverweightOverweightHold
Nov 06, 2023Raymond JamesStrong BuyOutperformDowngrade
Sep 07, 2023CitigroupBuyBuyHold
Feb 17, 2023Raymond JamesStrong BuyStrong BuyHold
Aug 08, 2022Deutsche BankBuyBuyHold
Aug 01, 2022Morgan StanleyEqual-WeightEqual-WeightHold
May 02, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Feb 22, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Feb 22, 2022Deutsche BankBuyBuyHold
Feb 22, 2022BMO CapitalOutperformOutperformHold
Feb 22, 2022Raymond JamesStrong BuyStrong BuyHold

Bloomin' Brands's last stock rating was published by Deutsche Bank on Sep 16, 2024. The company gave BLMN a "Hold" rating, the same as its previous rate.

Bloomin' Brands Financial Forecast

Bloomin' Brands Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$1.19B$1.08B$1.15B$1.24B$1.10B$1.06B$1.13B$1.14B$1.05B$1.01B$1.08B$987.47M$812.50M$771.26M$578.46M$1.01B$1.02B$967.14M
Avg Forecast$991.72M$936.49M$1.02B$1.08B$1.03B$982.42M$1.06B$1.11B$1.09B$1.04B$1.13B$1.20B$1.20B$1.08B$1.15B$1.22B$1.12B$1.05B$1.11B$1.13B$1.04B$1.04B$1.05B$954.40M$864.61M$752.83M$592.13M$1.01B$1.03B$966.34M
High Forecast$1.03B$972.27M$1.06B$1.12B$1.07B$1.02B$1.10B$1.12B$1.11B$1.05B$1.13B$1.20B$1.22B$1.08B$1.19B$1.26B$1.16B$1.05B$1.11B$1.13B$1.04B$1.04B$1.05B$954.40M$864.61M$752.83M$592.13M$1.01B$1.03B$966.34M
Low Forecast$953.25M$900.16M$983.18M$1.04B$990.29M$944.30M$1.02B$1.08B$1.08B$1.04B$1.13B$1.20B$1.17B$1.08B$1.10B$1.17B$1.08B$1.05B$1.11B$1.13B$1.04B$1.04B$1.05B$954.40M$864.61M$752.83M$592.13M$1.01B$1.03B$966.34M
# Analysts333333368464985437434741011159988
Surprise %------------1.00%1.00%1.00%1.02%0.98%1.00%1.02%1.01%1.01%0.97%1.03%1.03%0.94%1.02%0.98%1.00%0.99%1.00%

Bloomin' Brands's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.20B, with a low forecast of $1.20B, and a high forecast of $1.20B. BLMN's average Quarter revenue forecast represents a 0.13% increase compared to the company's last Quarter revenue of $1.19B (Dec 23).

Bloomin' Brands EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333333368464985437434741011159988
EBITDA------------$139.28M$79.63M$109.36M$170.26M$130.39M$95.55M$129.17M$150.87M$116.81M$54.07M$160.76M$131.31M$35.86M$29.30M$-65.61M$-17.71M$66.77M$43.26M
Avg Forecast$92.92M$87.74M$95.83M$100.93M$96.53M$92.04M$99.23M$104.33M$101.79M$97.88M$105.50M$180.09M$112.17M$101.37M$107.59M$163.72M$108.72M$99.14M$104.32M$148.83M$97.69M$97.97M$98.78M$121.14M$81.60M$71.05M$55.88M$-23.02M$97.10M$91.20M
High Forecast$96.47M$91.09M$99.49M$104.79M$100.21M$95.56M$103.02M$105.32M$103.65M$98.15M$105.50M$216.10M$114.04M$101.39M$111.70M$196.46M$130.46M$99.14M$104.32M$178.60M$97.69M$97.97M$98.78M$145.37M$81.60M$71.05M$55.88M$-18.41M$97.10M$91.20M
Low Forecast$89.31M$84.34M$92.12M$97.02M$92.78M$88.47M$95.38M$101.38M$100.85M$97.61M$105.50M$144.07M$109.37M$101.34M$103.41M$130.97M$86.98M$99.14M$104.32M$119.07M$97.69M$97.97M$98.78M$96.91M$81.60M$71.05M$55.88M$-27.62M$97.10M$91.20M
Surprise %------------1.24%0.79%1.02%1.04%1.20%0.96%1.24%1.01%1.20%0.55%1.63%1.08%0.44%0.41%-1.17%0.77%0.69%0.47%

4 analysts predict BLMN's average Quarter EBITDA for Mar 24 to be $180.09M, with a high of $216.10M and a low of $144.07M. This is 29.30% upper than Bloomin' Brands's previous annual EBITDA (Dec 23) of $139.28M.

Bloomin' Brands Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333333368464985437434741011159988
Net Income------------$43.27M$44.53M$68.28M$91.31M$58.05M$31.99M$-61.68M$75.51M$63.18M$3.45M$82.55M$68.86M$-14.21M$-17.64M$-92.26M$-34.61M$28.00M$9.25M
Avg Forecast$44.91M$24.22M$47.57M$63.93M$39.20M$18.28M$42.54M$57.88M$32.13M$17.59M$49.95M$92.60M$59.37M$35.63M$55.19M$84.18M$56.50M$29.93M$55.11M$76.53M$46.50M$47.81M$59.57M$63.53M$-1.09M$-28.20M$-101.16M$-44.99M$31.06M$8.63M
High Forecast$47.14M$25.42M$49.93M$67.10M$41.14M$19.19M$44.65M$64.69M$37.08M$18.46M$49.96M$111.12M$61.99M$35.65M$57.93M$101.02M$67.80M$29.93M$55.11M$91.84M$46.50M$47.81M$59.57M$76.24M$-1.09M$-28.20M$-101.16M$-36.00M$31.06M$8.63M
Low Forecast$42.64M$23.00M$45.17M$60.70M$37.22M$17.36M$40.40M$51.07M$29.66M$16.70M$49.93M$74.08M$55.88M$35.61M$52.41M$67.35M$45.20M$29.93M$55.11M$61.23M$46.50M$47.81M$59.57M$50.82M$-1.09M$-28.20M$-101.16M$-53.99M$31.06M$8.63M
Surprise %------------0.73%1.25%1.24%1.08%1.03%1.07%-1.12%0.99%1.36%0.07%1.39%1.08%13.07%0.63%0.91%0.77%0.90%1.07%

Bloomin' Brands's average Quarter net income forecast for Mar 24 is $92.60M, with a range of $74.08M to $111.12M. BLMN's average Quarter net income forecast represents a 114.01% increase compared to the company's last Quarter net income of $43.27M (Dec 23).

Bloomin' Brands SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333333368464985437434741011159988
SG&A------------$69.06M$62.25M$63.36M$65.80M$60.74M$56.09M$59.25M$58.67M$63.03M$58.88M$66.46M$57.25M$56.62M$57.44M$55.49M$730.51M$666.75M$645.11M
Avg Forecast$62.52M$59.04M$64.48M$67.91M$64.95M$61.93M$66.77M$70.20M$68.49M$65.86M$70.98M$71.95M$75.48M$68.21M$72.39M$65.41M$58.66M$66.23M$69.69M$59.47M$65.26M$65.45M$65.99M$52.81M$54.51M$47.46M$37.33M$949.67M$64.87M$60.92M
High Forecast$64.91M$61.29M$66.95M$70.51M$67.43M$64.30M$69.32M$70.86M$69.75M$66.04M$70.98M$86.35M$76.74M$68.23M$75.16M$78.50M$70.40M$66.23M$69.69M$71.36M$65.26M$65.45M$65.99M$63.38M$54.51M$47.46M$37.33M$1.14B$64.87M$60.92M
Low Forecast$60.09M$56.75M$61.98M$65.28M$62.43M$59.53M$64.18M$68.22M$67.86M$65.68M$70.98M$57.56M$73.59M$68.19M$69.58M$52.33M$46.93M$66.23M$69.69M$47.57M$65.26M$65.45M$65.99M$42.25M$54.51M$47.46M$37.33M$759.73M$64.87M$60.92M
Surprise %------------0.91%0.91%0.88%1.01%1.04%0.85%0.85%0.99%0.97%0.90%1.01%1.08%1.04%1.21%1.49%0.77%10.28%10.59%

Bloomin' Brands's average Quarter SG&A projection for Mar 24 is $71.95M, based on 4 Wall Street analysts, with a range of $57.56M to $86.35M. The forecast indicates a 4.19% rise compared to BLMN last annual SG&A of $69.06M (Dec 23).

Bloomin' Brands EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333333368464985437434741011159988
EPS------------$0.45$0.50$0.77$1.02$0.66$0.36$-0.69$0.85$0.71$0.04$0.93$0.78$-0.16$-0.20$-1.05$-0.44$0.32$0.11
Avg Forecast$0.52$0.28$0.55$0.74$0.45$0.21$0.49$0.67$0.37$0.20$0.58$0.74$0.69$0.41$0.64$0.89$0.64$0.34$0.62$0.74$0.52$0.54$0.67$0.33$-0.01$-0.32$-1.14$0.33$0.35$0.10
High Forecast$0.55$0.30$0.58$0.78$0.48$0.22$0.52$0.75$0.43$0.21$0.58$0.75$0.72$0.41$0.67$0.94$0.67$0.34$0.62$0.74$0.52$0.54$0.67$0.33$-0.01$-0.32$-1.14$0.33$0.35$0.10
Low Forecast$0.49$0.27$0.52$0.70$0.43$0.20$0.47$0.59$0.34$0.19$0.58$0.74$0.65$0.41$0.61$0.85$0.61$0.34$0.62$0.74$0.52$0.54$0.67$0.33$-0.01$-0.32$-1.14$0.33$0.35$0.10
Surprise %------------0.65%1.21%1.20%1.14%1.03%1.07%-1.11%1.15%1.35%0.07%1.38%2.39%13.05%0.63%0.92%-1.32%0.91%1.13%

According to 4 Wall Street analysts, Bloomin' Brands's projected average Quarter EPS for Mar 24 is $0.74, with a low estimate of $0.74 and a high estimate of $0.75. This represents a 65.20% increase compared to BLMN previous annual EPS of $0.45 (Dec 23).

Bloomin' Brands Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BLMNBloomin' Brands$12.60$20.0058.73%Hold
JACKJack in the Box$42.85$61.3343.13%Buy
DINDine Brands Global$30.92$43.2539.88%Buy
DENNDenny's$6.26$7.5019.81%Buy
BJRIBJ's Restaurants$37.33$39.606.08%Buy
CAKECheesecake Factory$50.39$49.33-2.10%Buy
EATBrinker$133.77$100.50-24.87%Hold

BLMN Forecast FAQ

Is Bloomin' Brands a good buy?

No, according to 10 Wall Street analysts, Bloomin' Brands (BLMN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 30.00% of BLMN's total ratings.

What is BLMN's price target?

Bloomin' Brands (BLMN) average price target is $20 with a range of $16 to $28, implying a 67.36% from its last price of $11.95. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Bloomin' Brands stock go up soon?

According to Wall Street analysts' prediction for BLMN stock, the company can go up by 67.36% (from the last price of $11.95 to the average price target of $20), up by 134.31% based on the highest stock price target, and up by 33.89% based on the lowest stock price target.

Can Bloomin' Brands stock reach $20?

BLMN's highest twelve months analyst stock price target of $28 supports the claim that Bloomin' Brands can reach $20 in the near future.

What are Bloomin' Brands's analysts' financial forecasts?

Bloomin' Brands's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.19B (high $4.31B, low $4.03B), average EBITDA is $392.13M (high $404.11M, low $378.02M), average net income is $157.9M (high $169.68M, low $146.05M), average SG&A $263.85M (high $271.91M, low $254.35M), and average EPS is $1.83 (high $1.97, low $1.7). BLMN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.03B (high $4.18B, low $3.87B), average EBITDA is $377.42M (high $391.84M, low $362.78M), average net income is $180.63M (high $189.6M, low $171.52M), average SG&A $253.95M (high $263.65M, low $244.1M), and average EPS is $2.1 (high $2.2, low $1.99).

Did the BLMN's actual financial results beat the analysts' financial forecasts?

Based on Bloomin' Brands's last annual report (Dec 2023), the company's revenue was $4.67B, beating the average analysts forecast of $4.64B by 0.61%. Apple's EBITDA was $547.87M, beating the average prediction of $484.84M by 13.00%. The company's net income was $247.39M, beating the average estimation of $234.38M by 5.55%. Apple's SG&A was $260.47M, missing the average forecast of $281.49M by -7.47%. Lastly, the company's EPS was $2.56, missing the average prediction of $2.63 by -2.81%. In terms of the last quarterly report (Dec 2023), Bloomin' Brands's revenue was $1.19B, missing the average analysts' forecast of $1.2B by -0.26%. The company's EBITDA was $139.28M, beating the average prediction of $112.17M by 24.16%. Bloomin' Brands's net income was $43.27M, missing the average estimation of $59.37M by -27.12%. The company's SG&A was $69.06M, missing the average forecast of $75.48M by -8.50%. Lastly, the company's EPS was $0.45, missing the average prediction of $0.689 by -34.69%