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Darden Restaurants (DRI) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

DRI Stock Forecast

Darden Restaurants stock forecast is as follows: an average price target of $189.21 (represents a 0.86% upside from DRI’s last price of $187.59) and a rating consensus of 'Buy', based on 27 wall street analysts offering a 1-year stock forecast.

DRI Price Target

The average price target for Darden Restaurants (DRI) is $189.21 based on 1-year price targets from 27 Wall Street analysts in the past 3 months, with a price target range of $275.00 to $136.00. This represents a potential 0.86% upside from DRI's last price of $187.59.

DRI Analyst Ratings

Buy

According to 27 Wall Street analysts, Darden Restaurants's rating consensus is 'Buy'. The analyst rating breakdown for DRI stock is 0 'Strong Buy' (0.00%), 22 'Buy' (81.48%), 5 'Hold' (18.52%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Darden Restaurants Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 23, 2024Aaron RakerWells Fargo$175.00$172.281.58%-6.71%
Sep 23, 2024Mark HughesTruist Financial$275.00$172.2859.62%46.60%
Sep 20, 2024Jake BartlettTruist Financial$195.00$170.1714.59%3.95%
Sep 20, 2024Eric GonzalezLoop Capital Markets$194.00$170.1714.00%3.42%
Sep 20, 2024Sara SenatoreBank of America Securities$195.00$170.7414.21%3.95%
Sep 20, 2024Andrew StrelzikBMO Capital$175.00$171.392.11%-6.71%
Sep 20, 2024Brian VaccaroRaymond James$187.00$171.379.12%-0.31%
Sep 20, 2024Nick SetyanWedbush$200.00$170.8717.05%6.62%
Sep 20, 2024Andy BarishJefferies$136.00$171.40-20.65%-27.50%
Sep 20, 2024David TarantinoRobert W. Baird$172.00$172.27-0.16%-8.31%
Sep 20, 2024Brian MullanPiper Sandler$177.00$172.272.75%-5.65%
Sep 20, 2024Jim SaleraStephens$164.00$172.27-4.80%-12.58%
Sep 20, 2024David PalmerEvercore ISI$205.00$172.2719.00%9.28%
Sep 20, 2024Peter SalehBTIG$195.00$172.2713.19%3.95%
Sep 20, 2024Lynne CollierCitigroup$209.00$172.2721.32%11.41%
Sep 20, 2024Dennis GeigerUBS$195.00$172.2713.19%3.95%
Sep 19, 2024Eric GonzalezKeyBanc$194.00$170.3813.86%3.42%
Sep 19, 2024Jeffrey BernsteinBernstein$192.00$172.2711.45%2.35%
Sep 19, 2024Jeffrey BernsteinBernstein$180.00$170.825.37%-4.05%
Sep 19, 2024Jon TowerCitigroup$191.00$170.8411.80%1.82%
Sep 16, 2024David TarantinoRobert W. Baird$156.00$160.69-2.92%-16.84%
Sep 16, 2024Brian VaccaroRaymond James$160.00$161.10-0.68%-14.71%
Jul 22, 2024Brian MullanPiper Sandler$159.00$142.8611.30%-15.24%
Jul 11, 2024Andy BarishJefferies$124.00$138.06-10.18%-33.90%
Jun 25, 2024John StaszakArgus Research$175.00$153.0914.31%-6.71%
Jun 21, 2024Eric GonzalezLoop Capital Markets$170.00$152.1111.76%-9.38%
Jun 21, 2024Jim SaleraStephens$165.00$152.957.88%-12.04%
Jun 21, 2024Chris O'CullStifel Nicolaus$180.00$154.2916.66%-4.05%
Jun 21, 2024Dennis GeigerUBS$188.00$152.7623.07%0.22%
Jun 18, 2024Brian VaccaroRaymond James$167.00$152.529.49%-10.98%
Jun 18, 2024Nick SetyanWedbush$170.00$152.5211.46%-9.38%
Jun 13, 2024David PalmerEvercore ISI$165.00$147.1912.10%-12.04%
Jun 13, 2024Eric GonzalezKeyBanc$170.00$147.4715.28%-9.38%
Jun 12, 2024Brian HarbourMorgan Stanley$175.00$146.6119.36%-6.71%
May 17, 2024Peter SalehBTIG$175.00$151.4215.57%-6.71%
Mar 27, 2024Jake BartlettTruist Financial$185.00$163.5013.15%-1.38%
Mar 18, 2024Chris O\'CullStifel Nicolaus$190.00$172.879.91%1.28%
Mar 18, 2024Greg FrancfortGuggenheim$190.00$172.879.91%1.28%
Dec 26, 2023Aaron RakersWells Fargo$95.00$163.99-42.07%-49.36%
Dec 15, 2023David PalmerEvercore ISI$170.00$163.094.24%-9.38%
Dec 15, 2023Brian MullanDeutsche Bank$159.00$163.09-2.51%-15.24%
Dec 15, 2023Jeffrey BernsteinBernstein$165.00$163.091.17%-12.04%
Sep 22, 2023Brian HarbourMorgan Stanley$77.00$145.18-46.96%-58.95%
Sep 22, 2023Eric GonzalezLoop Capital Markets$175.00$145.1820.54%-6.71%
Sep 22, 2023Jake BartlettTruist Financial$190.00$145.1830.87%1.28%
Sep 22, 2023Chris O'CullStifel Nicolaus$178.00$145.1822.61%-5.11%
Sep 14, 2023Brian VaccaroRaymond James$165.00$151.668.80%-12.04%
Jun 23, 2023Jake BartlettTruist Financial$177.00$161.039.92%-5.65%
Jun 22, 2023Joshua LongStephens$170.00$161.255.42%-9.38%
Jun 15, 2023Eric GonzalezLoop Capital Markets$185.00$167.2110.64%-1.38%
Mar 24, 2023Andrew StrelzikLoop Capital Markets$150.00$151.68-1.11%-20.04%
Mar 24, 2023Nick SetyanWedbush$165.00$151.668.80%-12.04%
Jan 05, 2023Barclays$168.00$143.0317.46%-10.44%
Dec 19, 2022Joshua LongStephens$150.00$138.458.34%-20.04%
Dec 19, 2022Evercore ISI$153.00$138.7110.31%-18.44%
Dec 19, 2022Barclays$148.00$139.905.79%-21.10%
Dec 19, 2022Credit Suisse$157.00$139.9012.22%-16.31%
Dec 14, 2022Nick SetyanWedbush$160.00$143.9511.15%-14.71%
Dec 12, 2022RBC Capital$155.00$142.578.72%-17.37%
Dec 09, 2022Barclays$146.00$144.231.23%-22.17%
Dec 02, 2022Raymond James$160.00$145.659.85%-14.71%
Oct 06, 2022Eric GonzalezKeyBanc$150.00$129.5115.82%-20.04%
Sep 23, 2022Joshua LongStephens$140.00$121.4215.30%-25.37%
Sep 23, 2022Deutsche Bank$129.00$121.975.76%-31.23%
Sep 23, 2022RBC Capital$144.00$121.6918.33%-23.24%
Sep 22, 2022Nick SetyanWedbush$134.00$125.456.82%-28.57%
Sep 16, 2022Barclays$137.00$130.435.04%-26.97%
Sep 12, 2022Citigroup$156.00$131.0419.05%-16.84%
Sep 07, 2022Deutsche Bank$131.00$125.364.49%-30.17%
Jul 02, 2022Brian BittnerOppenheimer$155.00$114.3535.55%-17.37%
Jul 02, 2022Lauren SibermanCredit Suisse$152.00$114.3532.93%-18.97%
Jun 24, 2022Andrew StrelzikBMO Capital$130.00$119.818.51%-30.70%
Jun 24, 2022Jake BartlettTruist Financial$136.00$119.8113.51%-27.50%
Jun 24, 2022Jeffrey BernsteinBernstein$130.00$119.029.23%-30.70%
Jun 24, 2022Brian MullanDeutsche Bank$124.00$119.813.50%-33.90%
Jun 24, 2022Christopher CarrilRBC Capital$143.00$119.8119.36%-23.77%
Jun 24, 2022David TarantinoRobert W. Baird$136.00$119.0214.27%-27.50%
Jun 24, 2022Morgan Stanley$148.00$115.6028.03%-21.10%
Jun 24, 2022Citigroup$140.00$115.6021.11%-25.37%
Jun 24, 2022Piper Sandler$150.00$115.6029.76%-20.04%
Jun 24, 2022Stifel Nicolaus$135.00$115.6016.78%-28.03%
Jun 24, 2022Nick SetyanWedbush$122.00$115.605.54%-34.96%
Jun 24, 2022Jeffrey BernsteinBarclays$130.00$115.6012.46%-30.70%
Jun 21, 2022Robert W. Baird$146.00$114.5327.48%-22.17%
Jun 17, 2022UBS$155.00$111.8438.59%-17.37%
Jun 17, 2022Barclays$135.00$111.8420.71%-28.03%
Jun 16, 2022Cowen & Co.$140.00$111.9625.04%-25.37%
Jun 16, 2022Goldman Sachs$128.00$116.559.82%-31.77%
Jun 15, 2022Brian VaccaroRaymond James$136.00$114.0319.27%-27.50%
Jun 14, 2022MKM Partners$150.00$114.2831.26%-20.04%
Jun 14, 2022Citigroup$134.00$114.2817.26%-28.57%
Jun 09, 2022Barclays$143.00$124.3814.97%-23.77%
Mar 24, 2022James RutherfordStephens$160.00$131.2721.89%-14.71%
Mar 24, 2022Brian MullanDeutsche Bank$152.00$131.2715.79%-18.97%
Mar 24, 2022Nick SetyanWedbush$140.00$131.276.65%-25.37%
Mar 24, 2022Andy BarishJefferies$146.00$131.2711.22%-22.17%
Mar 24, 2022David TarantinoRobert W. Baird$160.00$131.2721.89%-14.71%
Mar 24, 2022Chris O`CullStifel Nicolaus$160.00$131.2721.89%-14.71%
Mar 24, 2022Andrew CharlesCowen & Co.$155.00$131.2718.08%-17.37%
Mar 18, 2022Brian BittnerOppenheimer$175.00$132.4932.09%-6.71%
Mar 17, 2022Eric GonzalezKeyBanc$160.00$129.3223.72%-14.71%
Dec 20, 2021Brett LevyMKM Partners$180.00$135.8632.49%-4.05%
Sep 24, 2021Nicole Miller ReganPiper Sandler$168.00$155.088.33%-10.44%
Sep 24, 2021Jon TowerWells Fargo$177.00$155.0814.13%-5.65%
Sep 23, 2021Jake BartlettTruist Financial$180.00$155.8615.49%-4.05%
Jun 17, 2021Jared GarberGoldman Sachs$162.00$127.9426.62%-13.64%

The latest Darden Restaurants stock forecast, released on Sep 23, 2024 by Aaron Raker from Wells Fargo, set a price target of $175.00, which represents a 1.58% increase from the stock price at the time of the forecast ($172.28), and a -6.71% decrease from DRI last price ($187.59).

Darden Restaurants Price Target by Period

1M3M12M
# Anlaysts-2039
Avg Price Target-$190.30$178.59
Last Closing Price$187.59$187.59$187.59
Upside/Downside-100.00%1.44%-4.80%

In the current month, the average price target of Darden Restaurants stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Darden Restaurants's last price of $187.59. 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
Dec 17, 2024Morgan StanleyOverweightOverweightHold
Oct 14, 2024Wells FargoMarket PerformMarket PerformHold
Oct 14, 2024WedbushUnderperformUnderperformHold
Sep 23, 2024Wells FargoOverweightOverweightHold
Sep 23, 2024BenchmarkBuyBuyHold
Sep 20, 2024BMO CapitalPerformPerformHold
Sep 20, 2024BMO CapitalMarket PerformMarket PerformHold
Sep 20, 2024Raymond JamesOutperformOutperformHold
Sep 20, 2024WedbushOutperformOutperformHold
Sep 20, 2024Morgan StanleyOverweightOverweightHold
Sep 20, 2024JefferiesUnderperformUnderperformHold
Sep 20, 2024Cowen & Co.HoldHoldHold
Sep 20, 2024Piper SandlerNeutralNeutralHold
Sep 20, 2024Wells FargoEqual-WeightEqual-WeightHold
Sep 20, 2024StephensEqual-WeightEqual-WeightHold
Sep 20, 2024KeyBancOverweightOverweightHold
Sep 20, 2024Evercore ISIReduceOutperformUpgrade
Sep 20, 2024BernsteinOverweightMarket PerformDowngrade
Sep 20, 2024UBSBuyBuyHold
Sep 19, 2024BarclaysOverweightOverweightHold
Sep 19, 2024BernsteinOverweightOverweightHold
Sep 18, 2024BTIGBuyBuyHold
Sep 16, 2024CitigroupBuyBuyHold
Sep 13, 2024Evercore ISIReduceReduceHold
Sep 10, 2024WedbushBuyBuyHold
Sep 10, 2024StephensUnderperformUnderperformHold
Aug 20, 2024WedbushBuyBuyHold
Aug 20, 2024StephensUnderperformUnderperformHold
Aug 20, 2024Raymond JamesOutperformOutperformHold
Jul 23, 2024Cowen & Co.BuyHoldDowngrade
Jul 22, 2024Piper SandlerNeutralNeutralHold
Jul 11, 2024WedbushBuyBuyHold
Jul 11, 2024JefferiesOverweightUnderperformDowngrade
Jun 21, 2024Bank of America SecuritiesBuyBuyHold
Jun 21, 2024BMO CapitalPerformPerformHold
Jun 21, 2024StephensUnderperformUnderperformHold
Jun 18, 2024Raymond JamesOutperformOutperformHold
Jun 18, 2024Cowen & Co.BuyBuyHold
Jun 18, 2024CitigroupBuyBuyHold
Jun 13, 2024KeyBancOverweightOverweightHold
Jun 12, 2024Morgan StanleyOverweightOverweightHold
Jun 11, 2024WedbushOutperformOutperformHold
Jun 11, 2024UBSBuyBuyHold
Jun 11, 2024BenchmarkBuyBuyHold
Jun 11, 2024NeedhamBuyBuyHold
Jun 05, 2024WedbushBuyBuyHold
May 17, 2024Truist FinancialUnderperformUnderperformHold
May 17, 2024WedbushMarket PerformMarket PerformHold
May 17, 2024BTIGBuyUpgrade
Apr 12, 2024WedbushMarket PerformMarket PerformHold
Mar 27, 2024Truist FinancialUnderperformUnderperformHold
Mar 22, 2024Morgan StanleyOverweightOverweightHold
Mar 22, 2024CitigroupBuyBuyHold
Mar 18, 2024WedbushOutperformOutperformHold
Mar 18, 2024OppenheimerOutperformOutperformHold
Mar 18, 2024B. Riley SecuritiesBuyBuyHold
Mar 18, 2024Piper SandlerBuyBuyHold
Mar 07, 2024WedbushMarket PerformMarket PerformHold
Mar 07, 2024StephensUnderperformUnderperformHold
Dec 26, 2023Wells FargoOverweightOverweightHold
Dec 26, 2023OppenheimerOutperformOutperformHold
Dec 18, 2023WedbushOutperformOutperformHold
Dec 15, 2023StephensOverweightOverweightHold
Dec 15, 2023Deutsche BankHoldBuyInitialise
Dec 15, 2023BernsteinOverweightOverweightHold
Dec 15, 2023Raymond JamesOutperformOutperformHold
Dec 13, 2023Telsey AdvisoryOverweightOverweightHold
Sep 22, 2023Morgan StanleyOverweightOverweightHold
Sep 22, 2023WedbushOutperformOutperformHold
Sep 21, 2023CitigroupBuyBuyHold
Sep 21, 2023Cowen & Co.OutperformOutperformHold
Sep 14, 2023Raymond JamesOutperformOutperformHold
Sep 14, 2023JefferiesOverweightOverweightHold
Sep 13, 2023BMO CapitalMarket PerformMarket PerformHold
Sep 07, 2023StephensOverweightOverweightHold
Jun 23, 2023BMO CapitalMarket PerformMarket PerformHold
Jun 23, 2023WedbushOutperformOutperformHold
Jun 22, 2023StephensOverweightOverweightHold
Jun 22, 2023Cowen & Co.OutperformOutperformHold
Jun 15, 2023KeyBancOverweightOverweightHold
Jun 01, 2023WedbushOutperformOutperformHold
May 18, 2023Cowen & Co.OutperformOutperformHold
Mar 24, 2023OppenheimerOutperformOutperformHold
Mar 24, 2023BMO CapitalPerformPerformHold
Mar 24, 2023WedbushOutperformOutperformHold
Mar 24, 2023StephensOverweightOverweightHold
Mar 24, 2023BMO CapitalMarket PerformMarket PerformHold
Mar 24, 2023CitigroupBuyBuyHold
Mar 24, 2023Raymond JamesNeutralNeutralHold
Mar 24, 2023BernsteinOverweightOverweightHold
Mar 24, 2023Credit SuisseOutperformOutperformHold
Feb 02, 2023GuggenheimBuyInitialise
Jan 05, 2023BarclaysOverweightOverweightHold
Dec 19, 2022StephensOverweightOverweightHold
Dec 19, 2022Credit SuisseOutperformOutperformHold
Dec 14, 2022WedbushNeutralOutperformUpgrade
Dec 12, 2022RBC CapitalOutperformOutperformHold
Dec 09, 2022Tigress FinancialOverweightOverweightHold
Dec 09, 2022BarclaysOverweightOverweightHold
Dec 02, 2022Raymond JamesOutperformOutperformHold
Nov 29, 2022Wells FargoNeutralDowngrade
Oct 06, 2022KeyBancOverweightOverweightHold
Sep 23, 2022StephensOverweightInitialise
Sep 23, 2022RBC CapitalOutperformOutperformHold
Sep 22, 2022WedbushNeutralNeutralHold
Sep 19, 2022Raymond JamesOutperformOutperformHold
Sep 16, 2022BarclaysOverweightOverweightHold
Sep 12, 2022CitigroupBuyBuyHold
Sep 07, 2022Deutsche BankHoldHoldHold
Jun 24, 2022BarclaysBuyBuyHold
Jun 24, 2022BMO CapitalMarket PerformMarket PerformHold
Jun 24, 2022RBC CapitalOutperformOutperformHold
Jun 24, 2022Morgan StanleyOverweightOverweightHold
Jun 24, 2022Credit SuisseOutperformOutperformHold
Jun 24, 2022Deutsche BankHoldHoldHold
Jun 24, 2022Piper SandlerOverweightOverweightHold
Jun 24, 2022WedbushNeutralNeutralHold
Jun 22, 2022OppenheimerOutperformOutperformHold
Jun 21, 2022BernsteinOverweightOverweightHold
Jun 17, 2022UBSBuyBuyHold
Jun 16, 2022Cowen & Co.OutperformOutperformHold
Jun 16, 2022Goldman SachsBuyBuyHold
Jun 15, 2022Raymond JamesOutperformOutperformHold
Jun 14, 2022MKM PartnersBuyBuyHold
Jun 14, 2022CitigroupBuyBuyHold
Jun 09, 2022BarclaysOverweightOverweightHold
Jun 06, 2021BernsteinOverweightOverweightHold
Apr 10, 2021OppenheimerOutperformOutperformHold
Mar 28, 2021Loop Capital MarketsBuyBuyHold

Darden Restaurants's last stock rating was published by Morgan Stanley on Dec 17, 2024. The company gave DRI a "Overweight" rating, the same as its previous rate.

Darden Restaurants Financial Forecast

Darden Restaurants Revenue Forecast

May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20
Revenue-------------$2.97B$2.73B-$2.77B$2.79B$2.49B$2.45B$2.60B$2.45B$2.27B$2.31B$2.28B$1.73B$1.66B$1.53B$1.27B$2.35B
Avg Forecast$3.46B$3.44B$3.16B$3.09B$3.45B$3.29B$3.02B$2.98B$3.17B$3.17B$2.87B$2.80B$2.97B$3.02B$2.74B$2.71B$2.77B$2.73B$2.80B$2.47B$2.54B$2.51B$2.23B$2.24B$2.20B$1.63B$1.69B$1.56B$1.26B$2.32B
High Forecast$3.55B$3.53B$3.25B$3.18B$3.55B$3.38B$3.10B$3.06B$3.26B$3.24B$3.00B$2.81B$2.97B$3.02B$2.76B$2.78B$2.84B$2.80B$3.35B$2.56B$2.63B$2.60B$2.31B$2.32B$2.27B$1.68B$1.75B$1.61B$1.31B$2.41B
Low Forecast$3.38B$3.36B$3.09B$3.02B$3.38B$3.22B$2.95B$2.91B$3.10B$3.11B$2.83B$2.79B$2.97B$3.02B$2.71B$2.65B$2.71B$2.67B$2.24B$2.45B$2.51B$2.49B$2.21B$2.22B$2.17B$1.61B$1.67B$1.54B$1.25B$2.30B
# Analysts138148915915717171212816812816711788128129912
Surprise %-------------0.98%1.00%-1.00%1.02%0.89%0.99%1.02%0.97%1.02%1.03%1.04%1.07%0.98%0.98%1.01%1.01%

Darden Restaurants's average Quarter revenue forecast for May 24 based on 12 analysts is $2.97B, with a low forecast of $2.97B, and a high forecast of $2.97B. DRI's average Quarter revenue forecast represents a -0.08% decrease compared to the company's last Quarter revenue of $2.97B (Feb 24).

Darden Restaurants EBITDA Forecast

May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20
# Analysts138148915915717171212816812816711788128129912
EBITDA-------------$505.70M$406.00M-$475.20M$450.80M$312.40M$330.00M$438.20M$387.70M$301.10M$337.60M$377.50M$204.80M$176.20M$102.30M$-536.10M$338.60M
Avg Forecast$441.59M$439.14M$403.61M$394.82M$440.83M$420.25M$385.67M$380.23M$404.86M$404.21M$366.37M$357.08M$379.38M$473.96M$349.56M$345.71M$353.41M$430.87M$337.36M$374.56M$385.14M$391.70M$338.08M$339.62M$333.12M$140.29M$255.65M$236.45M$191.13M$335.00M
High Forecast$453.49M$450.98M$414.49M$405.47M$452.72M$431.58M$396.07M$390.48M$415.77M$413.19M$382.97M$358.10M$379.38M$568.75M$352.11M$355.03M$362.94M$517.04M$404.83M$387.81M$398.77M$470.04M$350.04M$351.64M$344.91M$168.35M$264.70M$244.81M$197.89M$402.00M
Low Forecast$431.60M$429.21M$394.48M$385.90M$430.87M$410.74M$376.95M$371.63M$395.70M$396.51M$361.27M$356.06M$379.38M$379.16M$345.73M$337.89M$345.42M$344.70M$269.89M$370.73M$381.21M$313.36M$334.62M$336.15M$329.72M$112.23M$253.04M$234.03M$189.17M$268.00M
Surprise %-------------1.07%1.16%-1.34%1.05%0.93%0.88%1.14%0.99%0.89%0.99%1.13%1.46%0.69%0.43%-2.80%1.01%

12 analysts predict DRI's average Quarter EBITDA for May 24 to be $379.38M, with a high of $379.38M and a low of $379.38M. This is -24.98% lower than Darden Restaurants's previous annual EBITDA (Feb 24) of $505.70M.

Darden Restaurants Net Income Forecast

May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20
# Analysts138148915915717171212816812816711788128129912
Net Income-------------$312.90M$212.10M-$315.10M$286.60M$187.20M$193.00M$281.70M$247.90M$193.40M$230.90M$368.50M$128.70M$96.00M$36.10M$-480.00M$232.30M
Avg Forecast$409.28M$387.58M$288.48M$252.59M$395.66M$360.32M$266.49M$235.33M$342.73M$331.99M$240.70M$218.09M$311.21M$325.91M$207.73M$207.62M$302.61M$296.28M$205.09M$186.10M$263.38M$269.35M$170.37M$196.03M$214.12M$82.07M$84.92M$6.21M$-194.32M$229.83M
High Forecast$423.62M$401.16M$298.59M$261.44M$409.53M$372.95M$275.84M$243.58M$354.75M$340.29M$259.48M$218.71M$311.22M$391.09M$218.67M$214.90M$313.22M$355.54M$246.11M$194.66M$275.49M$323.22M$178.20M$205.05M$223.96M$98.48M$88.82M$6.49M$-191.74M$275.79M
Low Forecast$397.25M$376.19M$280.00M$245.16M$384.03M$349.73M$258.66M$228.41M$332.66M$324.87M$231.30M$217.46M$311.20M$260.73M$189.51M$201.52M$293.72M$237.03M$164.07M$183.63M$259.88M$215.48M$168.10M$193.43M$211.27M$65.66M$83.79M$6.13M$-203.26M$183.86M
Surprise %-------------0.96%1.02%-1.04%0.97%0.91%1.04%1.07%0.92%1.14%1.18%1.72%1.57%1.13%5.81%2.47%1.01%

Darden Restaurants's average Quarter net income forecast for May 24 is $311.21M, with a range of $311.20M to $311.22M. DRI's average Quarter net income forecast represents a -0.54% decrease compared to the company's last Quarter net income of $312.90M (Feb 24).

Darden Restaurants SG&A Forecast

May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20
# Analysts138148915915717171212816812816711788128129912
SG&A-------------$139.90M$151.70M-$129.10M$135.20M$121.50M$118.60M$103.70M$110.30M$113.30M$136.70M$121.70M$98.10M$108.70M$157.10M$118.20M$171.90M
Avg Forecast$206.00M$204.86M$188.28M$184.19M$205.65M$196.04M$179.92M$177.38M$188.87M$188.56M$170.91M$166.58M$176.98M$145.54M$163.07M$161.27M$164.87M$132.31M$120.27M$147.01M$151.16M$120.28M$132.69M$133.29M$130.74M$62.56M$100.34M$92.80M$75.01M$172.45M
High Forecast$211.55M$210.38M$193.36M$189.15M$211.19M$201.33M$184.77M$182.16M$193.96M$192.75M$178.65M$167.05M$176.98M$174.65M$164.26M$165.62M$169.31M$158.77M$144.33M$152.21M$156.51M$144.34M$137.38M$138.01M$135.37M$75.07M$103.89M$96.08M$77.67M$206.93M
Low Forecast$201.34M$200.23M$184.03M$180.02M$201.00M$191.61M$175.85M$173.37M$184.60M$184.97M$168.53M$166.10M$176.98M$116.43M$161.28M$157.63M$161.14M$105.85M$96.22M$145.50M$149.62M$96.22M$131.33M$131.93M$129.41M$50.05M$99.31M$91.85M$74.25M$137.96M
Surprise %-------------0.96%0.93%-0.78%1.02%1.01%0.81%0.69%0.92%0.85%1.03%0.93%1.57%1.08%1.69%1.58%1.00%

Darden Restaurants's average Quarter SG&A projection for May 24 is $176.98M, based on 12 Wall Street analysts, with a range of $176.98M to $176.98M. The forecast indicates a 26.50% rise compared to DRI last annual SG&A of $139.90M (Feb 24).

Darden Restaurants EPS Forecast

May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20
# Analysts138148915915717171212816812816711788128129912
EPS-------------$2.62$1.77-$2.61$2.36$1.53$1.57$2.26$1.95$1.50$1.77$2.82$0.99$0.74$0.28$-3.86$1.92
Avg Forecast$3.43$3.25$2.42$2.12$3.32$3.02$2.24$1.97$2.88$2.79$2.02$1.83$2.61$2.62$1.74$1.74$2.54$2.25$1.95$1.56$2.21$2.10$1.43$1.64$1.80$0.70$0.71$0.05$-1.63$1.88
High Forecast$3.55$3.37$2.50$2.19$3.44$3.13$2.31$2.04$2.98$2.85$2.18$1.83$2.61$2.62$1.83$1.80$2.63$2.33$2.02$1.63$2.31$2.19$1.49$1.72$1.88$0.73$0.75$0.05$-1.61$1.97
Low Forecast$3.33$3.16$2.35$2.06$3.22$2.93$2.17$1.92$2.79$2.73$1.94$1.82$2.61$2.62$1.59$1.69$2.46$2.18$1.90$1.54$2.18$2.07$1.41$1.62$1.77$0.69$0.70$0.05$-1.71$1.86
Surprise %-------------1.00%1.02%-1.03%1.05%0.78%1.01%1.02%0.93%1.05%1.08%1.57%1.42%1.04%5.38%2.37%1.02%

According to 12 Wall Street analysts, Darden Restaurants's projected average Quarter EPS for May 24 is $2.61, with a low estimate of $2.61 and a high estimate of $2.61. This represents a -0.35% decrease compared to DRI previous annual EPS of $2.62 (Feb 24).

Darden Restaurants 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
WINGWingstop$295.84$419.0041.63%Buy
DINDine Brands Global$30.92$43.2539.88%Buy
PZZAPapa John's$41.96$58.5039.42%Buy
QSRRestaurant Brands$67.48$83.0023.00%Buy
DENNDenny's$6.26$7.5019.81%Buy
DRIDarden Restaurants$165.46$189.2114.35%Buy
WENWendy's Company$17.06$19.2212.66%Buy
DPZDomino's Pizza$446.74$488.719.39%Buy
YUMYum! Brands$134.73$145.868.26%Buy
BJRIBJ's Restaurants$37.33$39.606.08%Buy
YUMCYum China$49.68$50.301.25%Buy
CMGChipotle Mexican Grill$64.29$63.81-0.75%Buy
CAKECheesecake Factory$50.39$49.33-2.10%Buy
EATBrinker$133.77$100.50-24.87%Hold

DRI Forecast FAQ

Is Darden Restaurants a good buy?

Yes, according to 27 Wall Street analysts, Darden Restaurants (DRI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 22 'Buy' recommendations, accounting for 81.48% of DRI's total ratings.

What is DRI's price target?

Darden Restaurants (DRI) average price target is $189.21 with a range of $136 to $275, implying a 0.86% from its last price of $187.59. The data is based on 27 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Darden Restaurants stock go up soon?

According to Wall Street analysts' prediction for DRI stock, the company can go up by 0.86% (from the last price of $187.59 to the average price target of $189.21), up by 46.60% based on the highest stock price target, and down by -27.50% based on the lowest stock price target.

Can Darden Restaurants stock reach $300?

DRI's average twelve months analyst stock price target of $189.21 does not support the claim that Darden Restaurants can reach $300 in the near future.

What are Darden Restaurants's analysts' financial forecasts?

Darden Restaurants's analysts financial forecasts for the fiscal year (May 2026) are as follows: average revenue is $12.75B (high $13.09B, low $12.46B), average EBITDA is $1.63B (high $1.67B, low $1.59B), average net income is $1.26B (high $1.3B, low $1.22B), average SG&A $758.98M (high $779.45M, low $741.83M), and average EPS is $10.55 (high $10.92, low $10.24). DRI's analysts financial forecasts for the fiscal year (May 2027) are as follows: average revenue is $13.16B (high $13.51B, low $12.86B), average EBITDA is $1.68B (high $1.72B, low $1.64B), average net income is $1.34B (high $1.38B, low $1.3B), average SG&A $783.33M (high $804.45M, low $765.62M), and average EPS is $11.22 (high $11.62, low $10.89).

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

Based on Darden Restaurants's last annual report (May 2023), the company's revenue was $10.49B, which missed the average analysts forecast of $10.76B by -2.57%. Apple's EBITDA was $1.57B, beating the average prediction of $1.5B by 4.83%. The company's net income was $981.9M, missing the average estimation of $990.09M by -0.83%. Apple's SG&A was $504.4M, missing the average forecast of $564.45M by -10.64%. Lastly, the company's EPS was $8.06, missing the average prediction of $8.3 by -2.92%. In terms of the last quarterly report (Feb 2024), Darden Restaurants's revenue was $2.97B, missing the average analysts' forecast of $3.02B by -1.65%. The company's EBITDA was $505.7M, beating the average prediction of $473.96M by 6.70%. Darden Restaurants's net income was $312.9M, missing the average estimation of $325.91M by -3.99%. The company's SG&A was $139.9M, missing the average forecast of $145.54M by -3.87%. Lastly, the company's EPS was $2.62, missing the average prediction of $2.62 by -0.12%