Cheesecake Factory (CAKE) Stock Forecast, Price Target & Predictions


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CAKE Stock Forecast


Cheesecake Factory stock forecast is as follows: an average price target of $44.14 (represents a -5.34% downside from CAKE’s last price of $46.63) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

CAKE Price Target


The average price target for Cheesecake Factory (CAKE) is $44.14 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $64.00 to $26.00. This represents a potential -5.34% downside from CAKE's last price of $46.63.

CAKE Analyst Ratings


Buy

According to 12 Wall Street analysts, Cheesecake Factory's rating consensus is 'Buy'. The analyst rating breakdown for CAKE stock is 0 'Strong Buy' (0.00%), 5 'Buy' (41.67%), 4 'Hold' (33.33%), 3 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).

Cheesecake Factory Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Nick SetyanWedbush$52.00$42.8621.33%11.52%
Oct 30, 2024David TarantinoRobert W. Baird$47.00$42.869.66%0.79%
Oct 30, 2024Jim SaleraStephens$51.00$42.8618.99%9.37%
Oct 30, 2024Jon TowerCitigroup$55.00$42.8628.32%17.95%
Oct 30, 2024Jeffrey BernsteinBernstein$44.00$42.862.66%-5.64%
Oct 22, 2024Katherine GriffinGriffin$47.00$42.2811.16%0.79%
Oct 04, 2024Jon TowerCitigroup$51.00$42.3720.38%9.37%
May 15, 2024Katherine GriffinGriffin$43.00$40.027.45%-7.78%
May 15, 2024Jim SaleraStephens$50.00$40.0224.94%7.23%
May 09, 2024David TarantinoRobert W. Baird$37.00$33.978.92%-20.65%
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The latest Cheesecake Factory stock forecast, released on Oct 30, 2024 by Nick Setyan from Wedbush, set a price target of $52.00, which represents a 21.33% increase from the stock price at the time of the forecast ($42.86), and a 11.52% increase from CAKE last price ($46.63).

Cheesecake Factory Price Target by Period


1M3M12M
# Anlaysts6712
Avg Price Target$49.33$49.57$46.42
Last Closing Price$46.63$46.63$46.63
Upside/Downside5.79%6.30%-0.45%

In the current month, the average price target of Cheesecake Factory stock is $49.33, according to 6 Wall Street analysts offering twelve months forecast. The average price target represents a 5.79% increase as opposed to Cheesecake Factory's last price of $46.63. This month's average price target is down -0.48% compared to last quarter, and up 6.27% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024WedbushOutperformOutperformHold
Oct 30, 2024StephensOverweightOverweightHold
Oct 30, 2024CitigroupBuyBuyHold
Oct 30, 2024BernsteinUnderweightUnderweightHold
Oct 22, 2024WedbushUnderperformUnderperformHold
Oct 22, 2024Wells FargoBuyBuyHold
Oct 22, 2024CitigroupNeutralNeutralHold
Oct 22, 2024BarclaysUnderweightUnderweightHold
Oct 04, 2024CitigroupBuyBuyHold
Aug 01, 2024BarclaysUnderweightUnderweightHold
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Cheesecake Factory's last stock rating was published by Wedbush on Oct 30, 2024. The company gave CAKE a "Outperform" rating, the same as its previous rate.

Cheesecake Factory Financial Forecast


Cheesecake Factory Revenue Forecast

Dec 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
Revenue------------$892.80M--$866.11M--------------
Avg Forecast$1.03B$965.55M$1.01B$989.23M$967.77M$913.84M$947.69M$933.99M$912.23M$866.29M$909.19M$890.49M$876.17M$839.60M$880.15M$871.91M$901.37M$799.23M$837.26M$783.46M$774.52M$763.45M$749.20M$604.09M$604.60M$489.97M$324.06M$634.28M$705.67M$599.92M
High Forecast$1.03B$971.45M$1.01B$995.28M$973.69M$919.43M$953.48M$941.16M$916.15M$866.73M$909.19M$890.49M$882.35M$849.61M$885.53M$877.24M$906.88M$799.23M$837.26M$783.46M$774.52M$763.45M$749.20M$604.09M$604.60M$489.97M$324.06M$634.28M$705.67M$599.92M
Low Forecast$1.02B$961.11M$1.00B$984.69M$963.33M$909.64M$943.33M$930.32M$909.28M$865.86M$909.19M$890.49M$865.90M$823.31M$876.11M$867.90M$897.23M$799.23M$837.26M$783.46M$774.52M$763.45M$749.20M$604.09M$604.60M$489.97M$324.06M$634.28M$705.67M$599.92M
# Analysts5555444101265510147876106121379101115998
Surprise %------------1.02%--0.99%--------------

Cheesecake Factory's average Quarter revenue forecast for Mar 24 based on 5 analysts is $890.49M, with a low forecast of $890.49M, and a high forecast of $890.49M. CAKE's average Quarter revenue forecast represents a -0.26% decrease compared to the company's last Quarter revenue of $892.80M (Dec 23).

Cheesecake Factory EBITDA Forecast

Dec 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts5555444101265510147876106121379101115998
EBITDA------------$52.02M--$60.31M--------------
Avg Forecast$34.02M$32.01M$33.33M$32.80M$32.09M$30.30M$31.42M$30.97M$30.25M$28.72M$30.14M$65.02M$29.05M$27.84M$29.18M$59.11M$30.65M$62.47M$65.44M$53.73M$60.54M$59.67M$58.56M$148.08M$47.26M$38.30M$25.33M$-324.83M$55.16M$46.89M
High Forecast$34.23M$32.21M$33.53M$33.00M$32.28M$30.48M$31.61M$31.20M$30.38M$28.74M$30.14M$78.02M$29.25M$28.17M$29.36M$70.93M$36.78M$62.47M$65.44M$64.48M$60.54M$59.67M$58.56M$177.70M$47.26M$38.30M$25.33M$-259.86M$55.16M$46.89M
Low Forecast$33.86M$31.87M$33.17M$32.65M$31.94M$30.16M$31.28M$30.85M$30.15M$28.71M$30.14M$52.01M$28.71M$27.30M$29.05M$47.29M$24.52M$62.47M$65.44M$42.99M$60.54M$59.67M$58.56M$118.46M$47.26M$38.30M$25.33M$-389.79M$55.16M$46.89M
Surprise %------------1.79%--1.02%--------------

5 analysts predict CAKE's average Quarter EBITDA for Mar 24 to be $65.02M, with a high of $78.02M and a low of $52.01M. This is 25.00% upper than Cheesecake Factory's previous annual EBITDA (Dec 23) of $52.02M.

Cheesecake Factory Net Income Forecast

Dec 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts5555444101265510147876106121379101115998
Net Income------------$-3.30M--$28.05M--------------
Avg Forecast$54.75M$32.54M$61.07M$44.15M$50.39M$31.00M$56.84M$42.50M$44.73M$25.30M$49.01M$30.23M$35.78M$20.49M$40.16M$27.48M$2.71M$13.19M$37.69M$24.98M$28.17M$34.31M$36.32M$18.57M$-2.11M$-19.37M$-54.19M$-263.25M$30.17M$26.70M
High Forecast$55.19M$32.80M$61.55M$44.50M$50.79M$31.25M$57.29M$43.97M$46.21M$26.12M$49.01M$36.27M$37.71M$23.83M$40.48M$32.97M$3.26M$13.19M$37.69M$29.98M$28.17M$34.31M$36.32M$22.28M$-2.11M$-19.37M$-54.19M$-210.60M$30.17M$26.70M
Low Forecast$54.43M$32.34M$60.70M$43.89M$50.09M$30.82M$56.50M$40.55M$43.75M$24.47M$49.00M$24.18M$31.91M$13.82M$39.92M$21.98M$2.17M$13.19M$37.69M$19.98M$28.17M$34.31M$36.32M$14.85M$-2.11M$-19.37M$-54.19M$-315.90M$30.17M$26.70M
Surprise %-------------0.09%--1.02%--------------

Cheesecake Factory's average Quarter net income forecast for Jul 23 is $40.16M, with a range of $39.92M to $40.48M. CAKE's average Quarter net income forecast represents a 43.18% increase compared to the company's last Quarter net income of $28.05M (Mar 23).

Cheesecake Factory SG&A Forecast

Dec 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts5555444101265510147876106121379101115998
SG&A------------$56.12M--$54.07M--------------
Avg Forecast$68.35M$64.33M$66.96M$65.90M$64.47M$60.88M$63.14M$62.22M$60.77M$57.71M$60.57M$64.10M$58.37M$55.94M$58.64M$58.27M$61.34M$53.25M$55.78M$52.98M$51.60M$50.86M$49.91M$213.25M$40.28M$32.64M$21.59M$461.31M$47.01M$39.97M
High Forecast$68.77M$64.72M$67.37M$66.31M$64.87M$61.25M$63.52M$62.70M$61.04M$57.74M$60.57M$76.92M$58.78M$56.60M$59.00M$69.93M$73.60M$53.25M$55.78M$63.57M$51.60M$50.86M$49.91M$255.90M$40.28M$32.64M$21.59M$553.58M$47.01M$39.97M
Low Forecast$68.04M$64.03M$66.66M$65.60M$64.18M$60.60M$62.85M$61.98M$60.58M$57.68M$60.57M$51.28M$57.69M$54.85M$58.37M$46.62M$49.07M$53.25M$55.78M$42.38M$51.60M$50.86M$49.91M$170.60M$40.28M$32.64M$21.59M$369.05M$47.01M$39.97M
Surprise %------------0.96%--0.93%--------------

Cheesecake Factory's average Quarter SG&A projection for Mar 24 is $64.10M, based on 5 Wall Street analysts, with a range of $51.28M to $76.92M. The forecast indicates a 14.23% rise compared to CAKE last annual SG&A of $56.12M (Dec 23).

Cheesecake Factory EPS Forecast

Dec 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts5555444101265510147876106121379101115998
EPS------------$-0.07--$0.58--------------
Avg Forecast$1.12$0.66$1.25$0.90$1.03$0.63$1.16$0.87$0.91$0.52$1.00$0.63$0.73$0.42$0.82$0.59$0.57$0.27$0.77$0.51$0.58$0.70$0.74$-0.05$-0.04$-0.40$-1.11$-0.15$0.62$0.55
High Forecast$1.13$0.67$1.26$0.91$1.04$0.64$1.17$0.90$0.94$0.53$1.00$0.63$0.77$0.49$0.83$0.59$0.58$0.27$0.77$0.51$0.58$0.70$0.74$-0.05$-0.04$-0.40$-1.11$-0.15$0.62$0.55
Low Forecast$1.11$0.66$1.24$0.90$1.02$0.63$1.15$0.83$0.89$0.50$1.00$0.63$0.65$0.28$0.82$0.59$0.57$0.27$0.77$0.51$0.58$0.70$0.74$-0.05$-0.04$-0.40$-1.11$-0.15$0.62$0.55
Surprise %-------------0.09%--0.98%--------------

According to 7 Wall Street analysts, Cheesecake Factory's projected average Quarter EPS for Jul 23 is $0.82, with a low estimate of $0.82 and a high estimate of $0.83. This represents a 41.47% increase compared to CAKE previous annual EPS of $0.58 (Mar 23).

Cheesecake Factory Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BLMNBloomin' Brands$12.59$23.5787.21%Hold
DINDine Brands Global$32.52$55.5070.66%Buy
JACKJack in the Box$45.60$71.7557.35%Buy
DENNDenny's$6.27$9.0043.54%Buy
CBRLCracker Barrel Old Country Store$46.37$65.8942.10%Hold
WENWendy's Company$17.92$22.8827.68%Buy
BJRIBJ's Restaurants$34.13$39.6016.03%Buy
DPZDomino's Pizza$438.97$484.2010.30%Buy
DRIDarden Restaurants$162.59$178.349.69%Buy
CHUYChuy's$37.48$39.254.72%Hold
WINGWingstop$333.21$348.244.51%Buy
CAKECheesecake Factory$46.63$44.14-5.34%Buy
EATBrinker$124.74$69.10-44.60%Hold

CAKE Forecast FAQ


Is Cheesecake Factory a good buy?

Yes, according to 12 Wall Street analysts, Cheesecake Factory (CAKE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 41.67% of CAKE's total ratings.

What is CAKE's price target?

Cheesecake Factory (CAKE) average price target is $44.14 with a range of $26 to $64, implying a -5.34% from its last price of $46.63. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Cheesecake Factory stock go up soon?

According to Wall Street analysts' prediction for CAKE stock, the company can go down by -5.34% (from the last price of $46.63 to the average price target of $44.14), up by 37.25% based on the highest stock price target, and down by -44.24% based on the lowest stock price target.

Can Cheesecake Factory stock reach $70?

CAKE's average twelve months analyst stock price target of $44.14 does not support the claim that Cheesecake Factory can reach $70 in the near future.

What is Cheesecake Factory's current price target trend?

6 Wall Street analysts forecast a $49.33 price target for Cheesecake Factory (CAKE) this month, up 5.79% from its last price of $46.63. Compared to the last 3 and 12 months, the average price target increased by 6.30% and decreased by -0.45%, respectively.

What are Cheesecake Factory's analysts' financial forecasts?

Cheesecake Factory's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.76B (high $3.79B, low $3.75B), average EBITDA is $124.77M (high $125.58M, low $124.22M), average net income is $180.74M (high $183.31M, low $177.96M), average SG&A $250.72M (high $252.35M, low $249.61M), and average EPS is $3.69 (high $3.75, low $3.64). CAKE's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.99B (high $4.01B, low $3.97B), average EBITDA is $132.15M (high $132.96M, low $131.55M), average net income is $192.51M (high $194.04M, low $191.36M), average SG&A $265.55M (high $267.17M, low $264.33M), and average EPS is $3.93 (high $3.96, low $3.91).

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

Based on Cheesecake Factory's last annual report (Dec 2024), the company's revenue was $3.44B, which missed the average analysts forecast of $3.58B by -3.88%. Apple's EBITDA was $184.6M, beating the average prediction of $154.13M by 19.77%. The company's net income was $101.35M, missing the average estimation of $149.26M by -32.10%. Apple's SG&A was $217.45M, missing the average forecast of $243.16M by -10.57%. Lastly, the company's EPS was $2.07, missing the average prediction of $3.07 by -32.49%. In terms of the last quarterly report (Dec 2023), Cheesecake Factory's revenue was $892.8M, beating the average analysts' forecast of $876.17M by 1.90%. The company's EBITDA was $52.02M, beating the average prediction of $29.05M by 79.06%. Cheesecake Factory's net income was $-3.298M, missing the average estimation of $35.78M by -109.22%. The company's SG&A was $56.12M, missing the average forecast of $58.37M by -3.87%. Lastly, the company's EPS was $-0.0674, missing the average prediction of $0.731 by -109.22%