Restaurant Brands (QSR) Stock Forecast, Price Target & Predictions


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QSR Stock Forecast


Restaurant Brands stock forecast is as follows: an average price target of $78.32 (represents a 11.82% upside from QSR’s last price of $70.04) and a rating consensus of 'Buy', based on 24 wall street analysts offering a 1-year stock forecast.

QSR Price Target


The average price target for Restaurant Brands (QSR) is $78.32 based on 1-year price targets from 24 Wall Street analysts in the past 3 months, with a price target range of $95.00 to $58.00. This represents a potential 11.82% upside from QSR's last price of $70.04.

QSR Analyst Ratings


Buy

According to 24 Wall Street analysts, Restaurant Brands's rating consensus is 'Buy'. The analyst rating breakdown for QSR stock is 0 'Strong Buy' (0.00%), 17 'Buy' (70.83%), 7 'Hold' (29.17%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Restaurant Brands Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 12, 2024Christopher CarrilRBC Capital$95.00$68.9137.86%35.64%
Sep 09, 2024Gregory FrancfortGuggenheim$74.00$67.419.78%5.65%
Aug 19, 2024Jake BartlettTruist Financial$86.00$70.8121.45%22.79%
Aug 12, 2024Brian MullanPiper Sandler$75.00$70.516.37%7.08%
Jul 09, 2024Jake BartlettTruist Financial$87.00$70.0324.23%24.21%
Jun 27, 2024Eric GonzalezKeyBanc$80.00$69.3315.39%14.22%
Jun 26, 2024Dennis GeigerUBS$90.00$69.3329.81%28.50%
Jun 13, 2024Christine ChoGoldman Sachs$80.00$68.8716.16%14.22%
May 02, 2024Lauren SilbermanDeutsche Bank$90.00$73.2222.92%28.50%
May 01, 2024Alton StumpLoop Capital Markets$93.00$73.1427.15%32.78%
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The latest Restaurant Brands stock forecast, released on Sep 12, 2024 by Christopher Carril from RBC Capital, set a price target of $95.00, which represents a 37.86% increase from the stock price at the time of the forecast ($68.91), and a 35.64% increase from QSR last price ($70.04).

Restaurant Brands Price Target by Period


1M3M12M
# Anlaysts-411
Avg Price Target-$82.50$84.64
Last Closing Price$70.04$70.04$70.04
Upside/Downside-100.00%17.79%20.85%

In the current month, the average price target of Restaurant 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 Restaurant Brands's last price of $70.04. 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 12, 2024RBC CapitalOutperformOutperformHold
Sep 09, 2024GuggenheimNeutralNeutralHold
Aug 12, 2024Piper SandlerNeutralNeutralHold
Aug 09, 2024CIBCOutperformOutperformHold
Aug 08, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Aug 08, 2024Cowen & Co.BuyBuyHold
Jun 27, 2024KeyBancOverweightOverweightHold
Jun 26, 2024UBSBuyBuyHold
Jun 13, 2024Goldman SachsNeutralBuyInitialise
Jun 05, 2024Cowen & Co.BuyBuyHold
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Restaurant Brands's last stock rating was published by RBC Capital on Sep 12, 2024. The company gave QSR a "Outperform" rating, the same as its previous rate.

Restaurant Brands Financial Forecast


Restaurant 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------------$1.82B$1.84B-$1.59B$1.69B$1.73B$1.64B$1.45B$1.55B$1.50B$1.44B$1.26B$1.36B$1.34B$1.05B$1.23B$1.48B$1.46B
Avg Forecast$2.47B$2.50B$2.44B$2.26B$2.37B$2.41B$2.35B$2.17B$2.28B$2.39B$2.11B$1.71B$1.83B$1.87B$1.76B$1.56B$1.67B$1.63B$1.57B$1.43B$1.52B$1.51B$1.37B$1.25B$1.36B$1.32B$1.04B$1.21B$1.48B$1.46B
High Forecast$2.47B$2.50B$2.44B$2.26B$2.37B$2.41B$2.35B$2.17B$2.28B$2.50B$2.11B$1.71B$1.86B$1.93B$1.76B$1.56B$1.67B$1.63B$1.57B$1.43B$1.52B$1.51B$1.37B$1.25B$1.36B$1.32B$1.04B$1.21B$1.48B$1.46B
Low Forecast$2.47B$2.50B$2.44B$2.26B$2.37B$2.41B$2.35B$2.17B$2.28B$2.04B$2.11B$1.71B$1.82B$1.81B$1.76B$1.56B$1.67B$1.63B$1.57B$1.43B$1.52B$1.51B$1.37B$1.25B$1.36B$1.32B$1.04B$1.21B$1.48B$1.46B
# Analysts9999555561269101689127781388913889127
Surprise %------------0.99%0.98%-1.02%1.01%1.06%1.04%1.01%1.02%0.99%1.05%1.01%1.00%1.02%1.01%1.01%1.00%1.00%

Restaurant Brands's average Quarter revenue forecast for Mar 24 based on 9 analysts is $1.71B, with a low forecast of $1.71B, and a high forecast of $1.71B. QSR's average Quarter revenue forecast represents a -6.22% decrease compared to the company's last Quarter revenue of $1.82B (Dec 23).

Restaurant 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
# Analysts9999555561269101689127781388913889127
EBITDA------------$468.00M$582.00M-$524.00M$482.00M$588.00M$563.00M$485.00M$378.00M$458.00M$401.00M$393.00M$271.00M$381.00M$227.00M$353.00M$445.00M$462.00M
Avg Forecast$882.27M$893.55M$871.80M$805.78M$844.72M$859.24M$840.52M$776.14M$813.15M$851.90M$751.89M$482.27M$654.58M$669.02M$626.87M$438.43M$27.39M$582.95M$560.20M$398.57M$540.99M$538.37M$490.08M$353.70M$486.08M$470.03M$371.24M$373.76M$529.92M$521.35M
High Forecast$882.27M$893.55M$871.80M$805.78M$844.72M$859.24M$840.52M$776.14M$813.15M$892.64M$751.89M$578.73M$665.49M$689.26M$626.87M$526.11M$32.87M$582.95M$560.20M$478.29M$540.99M$538.37M$490.08M$424.44M$486.08M$470.03M$371.24M$448.52M$529.92M$521.35M
Low Forecast$882.27M$893.55M$871.80M$805.78M$844.72M$859.24M$840.52M$776.14M$813.15M$729.67M$751.89M$385.82M$650.94M$646.83M$626.87M$350.74M$21.91M$582.95M$560.20M$318.86M$540.99M$538.37M$490.08M$282.96M$486.08M$470.03M$371.24M$299.01M$529.92M$521.35M
Surprise %------------0.71%0.87%-1.20%17.60%1.01%1.01%1.22%0.70%0.85%0.82%1.11%0.56%0.81%0.61%0.94%0.84%0.89%

9 analysts predict QSR's average Quarter EBITDA for Mar 24 to be $482.27M, with a high of $578.73M and a low of $385.82M. This is 3.05% upper than Restaurant Brands's previous annual EBITDA (Dec 23) of $468.00M.

Restaurant 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
# Analysts9999555561269101689127781388913889127
Net Income------------$508.00M$252.00M-$277.00M$336.00M$530.00M$346.00M$270.00M$262.00M$221.00M$259.00M$179.00M$91.00M$145.00M$106.00M$144.00M$165.00M$201.00M
Avg Forecast$478.55M$517.53M$490.30M$411.02M$430.50M$468.55M$444.14M$371.72M$371.00M$436.47M$391.84M$217.92M$337.74M$387.18M$348.44M$198.10M$-1.82M$355.49M$332.57M$180.10M$313.86M$328.25M$278.72M$161.10M$297.42M$283.75M$135.02M$152.47M$335.10M$326.04M
High Forecast$478.55M$517.53M$490.30M$411.02M$430.50M$468.55M$444.14M$371.72M$371.00M$459.68M$392.57M$261.50M$356.24M$400.69M$348.44M$237.73M$-1.46M$355.49M$332.57M$216.11M$313.86M$328.25M$278.72M$193.32M$297.42M$283.75M$135.02M$182.96M$335.10M$326.04M
Low Forecast$478.55M$517.53M$490.30M$411.02M$430.50M$468.55M$444.14M$371.72M$371.00M$408.61M$391.10M$174.33M$328.48M$364.67M$348.44M$158.48M$-2.18M$355.49M$332.57M$144.08M$313.86M$328.25M$278.72M$128.88M$297.42M$283.75M$135.02M$121.98M$335.10M$326.04M
Surprise %------------1.50%0.65%-1.40%-184.55%1.49%1.04%1.50%0.83%0.67%0.93%1.11%0.31%0.51%0.79%0.94%0.49%0.62%

Restaurant Brands's average Quarter net income forecast for Mar 24 is $217.92M, with a range of $174.33M to $261.50M. QSR's average Quarter net income forecast represents a -57.10% decrease compared to the company's last Quarter net income of $508.00M (Dec 23).

Restaurant 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
# Analysts9999555561269101689127781388913889127
SG&A------------$197.00M$169.00M-$145.00M$148.00M$135.00M$129.00M$124.00M$170.00M$114.00M$104.00M$100.00M$332.00M$294.00M$284.00M$319.00M$302.00M$310.00M
Avg Forecast$443.77M$449.44M$438.50M$405.30M$424.88M$432.18M$422.77M$390.39M$409.00M$428.49M$378.19M$147.66M$329.24M$336.51M$315.31M$134.23M$67.14M$293.21M$281.77M$122.03M$272.11M$270.79M$246.50M$90.00M$244.49M$236.42M$186.73M$336.71M$266.54M$262.23M
High Forecast$443.77M$449.44M$438.50M$405.30M$424.88M$432.18M$422.77M$390.39M$409.00M$448.99M$378.19M$177.19M$334.73M$346.69M$315.31M$161.08M$80.57M$293.21M$281.77M$146.44M$272.11M$270.79M$246.50M$108.00M$244.49M$236.42M$186.73M$404.05M$266.54M$262.23M
Low Forecast$443.77M$449.44M$438.50M$405.30M$424.88M$432.18M$422.77M$390.39M$409.00M$367.01M$378.19M$118.13M$327.41M$325.35M$315.31M$107.39M$53.71M$293.21M$281.77M$97.63M$272.11M$270.79M$246.50M$72.00M$244.49M$236.42M$186.73M$269.36M$266.54M$262.23M
Surprise %------------0.60%0.50%-1.08%2.20%0.46%0.46%1.02%0.62%0.42%0.42%1.11%1.36%1.24%1.52%0.95%1.13%1.18%

Restaurant Brands's average Quarter SG&A projection for Mar 24 is $147.66M, based on 9 Wall Street analysts, with a range of $118.13M to $177.19M. The forecast indicates a -25.05% fall compared to QSR last annual SG&A of $197.00M (Dec 23).

Restaurant 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
# Analysts9999555561269101689127781388913889127
EPS------------$1.62$0.80-$0.90$1.10$1.73$1.12$0.87$0.84$0.71$0.84$0.59$0.30$0.48$0.35$0.48$0.55$0.76
Avg Forecast$1.06$1.14$1.08$0.91$0.95$1.03$0.98$0.82$0.82$0.96$0.86$0.73$0.75$0.85$0.77$0.64$0.73$0.78$0.73$0.63$0.69$0.72$0.62$0.50$0.66$0.63$0.30$0.50$0.74$0.72
High Forecast$1.06$1.14$1.08$0.91$0.95$1.03$0.98$0.82$0.82$1.01$0.87$0.73$0.79$0.88$0.77$0.64$0.73$0.78$0.73$0.63$0.69$0.72$0.62$0.50$0.66$0.63$0.30$0.50$0.74$0.72
Low Forecast$1.06$1.14$1.08$0.91$0.95$1.03$0.98$0.82$0.82$0.90$0.86$0.72$0.73$0.81$0.77$0.64$0.73$0.78$0.73$0.63$0.69$0.72$0.62$0.50$0.66$0.63$0.30$0.50$0.74$0.72
Surprise %------------2.17%0.94%-1.42%1.50%2.20%1.53%1.38%1.21%0.98%1.37%1.19%0.46%0.77%1.17%0.97%0.74%1.06%

According to 9 Wall Street analysts, Restaurant Brands's projected average Quarter EPS for Mar 24 is $0.73, with a low estimate of $0.72 and a high estimate of $0.73. This represents a -55.13% decrease compared to QSR previous annual EPS of $1.62 (Dec 23).

Restaurant Brands Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DINDine Brands Global$29.85$56.7590.12%Buy
JACKJack in the Box$50.10$76.0851.86%Buy
PZZAPapa John's$56.14$81.7045.53%Buy
YUMCYum China$48.30$64.4933.52%Buy
WINGWingstop$297.18$346.4416.58%Buy
WENWendy's Company$19.72$22.9616.43%Buy
DRIDarden Restaurants$158.77$178.3412.33%Buy
QSRRestaurant Brands$70.04$78.3211.82%Buy
DPZDomino's Pizza$429.98$479.5311.52%Buy
YUMYum! Brands$132.76$144.688.98%Buy
CMGChipotle Mexican Grill$56.38$55.49-1.58%Buy
EATBrinker$107.94$69.10-35.98%Hold

QSR Forecast FAQ


Yes, according to 24 Wall Street analysts, Restaurant Brands (QSR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 17 'Buy' recommendations, accounting for 70.83% of QSR's total ratings.

Restaurant Brands (QSR) average price target is $78.32 with a range of $58 to $95, implying a 11.82% from its last price of $70.04. The data is based on 24 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for QSR stock, the company can go up by 11.82% (from the last price of $70.04 to the average price target of $78.32), up by 35.64% based on the highest stock price target, and down by -17.19% based on the lowest stock price target.

QSR's average twelve months analyst stock price target of $78.32 does not support the claim that Restaurant Brands can reach $110 in the near future.

Restaurant Brands's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $9.3B (high $9.3B, low $9.3B), average EBITDA is $3.32B (high $3.32B, low $3.32B), average net income is $1.71B (high $1.71B, low $1.71B), average SG&A $1.67B (high $1.67B, low $1.67B), and average EPS is $3.79 (high $3.79, low $3.79). QSR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $9.67B (high $9.67B, low $9.67B), average EBITDA is $3.45B (high $3.45B, low $3.45B), average net income is $1.9B (high $1.9B, low $1.9B), average SG&A $1.74B (high $1.74B, low $1.74B), and average EPS is $4.19 (high $4.19, low $4.19).

Based on Restaurant Brands's last annual report (Dec 2023), the company's revenue was $7.02B, which missed the average analysts forecast of $7.02B by -0.03%. Apple's EBITDA was $2.05B, missing the average prediction of $2.39B by -14.14%. The company's net income was $1.19B, missing the average estimation of $1.27B by -6.41%. Apple's SG&A was $704M, missing the average forecast of $1.12B by -36.88%. Lastly, the company's EPS was $3.81, beating the average prediction of $3 by 26.79%. In terms of the last quarterly report (Dec 2023), Restaurant Brands's revenue was $1.82B, missing the average analysts' forecast of $1.83B by -0.73%. The company's EBITDA was $468M, missing the average prediction of $654.58M by -28.50%. Restaurant Brands's net income was $508M, beating the average estimation of $337.74M by 50.41%. The company's SG&A was $197M, missing the average forecast of $329.24M by -40.17%. Lastly, the company's EPS was $1.62, beating the average prediction of $0.746 by 117.29%