Red Robin Gourmet Burgers (RRGB) Stock Forecast, Price Target & Predictions
RRGB Stock Forecast
Red Robin Gourmet Burgers stock forecast is as follows: an average price target of $11.50 (represents a 118.22% upside from RRGB’s last price of $5.27) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
RRGB Price Target
The average price target for Red Robin Gourmet Burgers (RRGB) is $11.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $11.50 to $11.50. This represents a potential 118.22% upside from RRGB's last price of $5.27.
RRGB Analyst Ratings
According to 3 Wall Street analysts, Red Robin Gourmet Burgers's rating consensus is 'Buy'. The analyst rating breakdown for RRGB stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Red Robin Gourmet Burgers Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 23, 2024 | Jeremy Hamblin | Craig-Hallum | $11.50 | $4.29 | 168.38% | 118.22% |
| Aug 14, 2024 | Jeremy Hamblin | Craig-Hallum | $15.00 | $4.74 | 216.46% | 184.63% |
| May 30, 2024 | Mark Smith | Loop Capital Markets | $17.00 | $8.07 | 110.66% | 222.58% |
| May 30, 2024 | Mark Smith | Lake Street | $17.00 | $7.99 | 112.90% | 222.58% |
| Apr 30, 2024 | Mark Smith | Loop Capital Markets | $16.00 | $7.55 | 111.92% | 203.61% |
| Dec 21, 2022 | Jefferies | $7.50 | $6.63 | 13.12% | 42.31% |
The latest Red Robin Gourmet Burgers stock forecast, released on Aug 23, 2024 by Jeremy Hamblin from Craig-Hallum, set a price target of $11.50, which represents a 168.38% increase from the stock price at the time of the forecast ($4.29), and a 118.22% increase from RRGB last price ($5.27).
Red Robin Gourmet Burgers Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 5 |
| Avg Price Target | - | - | $15.30 |
| Last Closing Price | $5.27 | $5.27 | $5.27 |
| Upside/Downside | -100.00% | -100.00% | 190.32% |
In the current month, the average price target of Red Robin Gourmet Burgers stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Red Robin Gourmet Burgers's last price of $5.27. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 20, 2024 | Benchmark | Buy | Buy | Hold |
| Aug 14, 2024 | Craig-Hallum | Buy | Buy | Hold |
| May 30, 2024 | Lake Street | Buy | Buy | Hold |
| Apr 30, 2024 | Lake Street | Buy | Initialise | |
| Apr 25, 2024 | Craig-Hallum | Buy | Initialise |
Red Robin Gourmet Burgers's last stock rating was published by Benchmark on Aug 20, 2024. The company gave RRGB a "Buy" rating, the same as its previous rate.
Red Robin Gourmet Burgers Financial Forecast
Red Robin Gourmet Burgers Revenue Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Jul 20 | Jul 19 | Jul 18 | Jul 17 | Jul 16 | Jul 15 | Jul 14 | Jul 13 | Jul 12 | Jul 11 | Jul 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $417.97M | - | - | - | $395.55M | - | - | $276.98M | $161.12M | $307.98M | - | - | - | $292.98M | $256.13M | $238.30M | - | - | $201.34M |
| Avg Forecast | $285.83M | $277.04M | $297.76M | $396.41M | $279.97M | $274.64M | $285.62M | $270.75M | $295.26M | $275.65M | $282.12M | $287.51M | $279.74M | $287.51M | $653.47M | $222.83M | $206.19M | $302.77M | $289.52M | $50.55M | $1.06B | $464.26M | $270.49M | $351.44M | $315.92M | $298.98M | $306.30M | $215.10M | $118.68M | $572.19M |
| High Forecast | $289.90M | $280.98M | $302.00M | $397.00M | $286.51M | $278.55M | $295.30M | $273.20M | $296.49M | $279.57M | $286.13M | $291.60M | $283.72M | $287.51M | $784.16M | $222.83M | $206.19M | $302.77M | $289.52M | $60.66M | $1.27B | $557.11M | $324.58M | $421.73M | $379.10M | $358.77M | $367.56M | $258.12M | $142.41M | $686.63M |
| Low Forecast | $282.88M | $274.18M | $294.69M | $395.83M | $273.00M | $271.80M | $275.95M | $268.30M | $294.55M | $272.80M | $279.20M | $284.54M | $276.85M | $287.51M | $522.78M | $222.83M | $206.19M | $302.77M | $289.52M | $40.44M | $845.62M | $371.41M | $216.39M | $281.15M | $252.74M | $239.18M | $245.04M | $172.08M | $94.94M | $457.75M |
| # Analysts | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 7 | 2 | 3 | 4 | 5 | 18 | 15 | 15 | 14 | 10 | 10 | 8 | 20 | 14 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.45% | - | - | - | 1.78% | - | - | 0.96% | 3.19% | 0.29% | - | - | - | 0.93% | 0.86% | 0.78% | - | - | 0.35% |
Red Robin Gourmet Burgers's average Quarter revenue forecast for Jul 23 based on 1 analysts is $282.12M, with a low forecast of $279.20M, and a high forecast of $286.13M. RRGB's average Quarter revenue forecast represents a -32.50% decrease compared to the company's last Quarter revenue of $417.97M (Apr 23).
Red Robin Gourmet Burgers EBITDA Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Jul 20 | Jul 19 | Jul 18 | Jul 17 | Jul 16 | Jul 15 | Jul 14 | Jul 13 | Jul 12 | Jul 11 | Jul 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 7 | 2 | 3 | 4 | 5 | 18 | 15 | 15 | 14 | 10 | 10 | 8 | 20 | 14 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $34.86M | - | - | - | $33.29M | - | - | $18.85M | $-16.49M | $23.95M | - | - | - | $33.74M | $27.59M | $28.71M | - | - | $19.21M |
| Avg Forecast | $-2.43M | $-2.36M | $-2.53M | $-3.37M | $-2.38M | $-2.34M | $-2.43M | $-2.30M | $-2.51M | $-2.34M | $-2.40M | $-2.44M | $25.20M | $-2.73M | $46.73M | $-2.12M | $-1.96M | $-2.88M | $33.79M | $-486.35M | $41.50M | $35.81M | $25.23M | $36.33M | $34.35M | $30.30M | $30.33M | $22.94M | $12.95M | $34.35M |
| High Forecast | $-2.41M | $-2.33M | $-2.51M | $-3.37M | $-2.32M | $-2.31M | $-2.35M | $-2.28M | $-2.50M | $-2.32M | $-2.37M | $-2.42M | $30.24M | $-2.73M | $56.08M | $-2.12M | $-1.96M | $-2.88M | $40.54M | $-389.08M | $49.80M | $42.98M | $30.27M | $43.60M | $41.22M | $36.36M | $36.40M | $27.53M | $15.55M | $41.22M |
| Low Forecast | $-2.46M | $-2.39M | $-2.57M | $-3.38M | $-2.44M | $-2.37M | $-2.51M | $-2.32M | $-2.52M | $-2.38M | $-2.43M | $-2.48M | $20.16M | $-2.73M | $37.39M | $-2.12M | $-1.96M | $-2.88M | $27.03M | $-583.62M | $33.20M | $28.65M | $20.18M | $29.07M | $27.48M | $24.24M | $24.27M | $18.35M | $10.36M | $27.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | -14.26% | - | - | - | -15.71% | - | - | 0.56% | 0.03% | 0.58% | - | - | - | 0.98% | 0.91% | 0.95% | - | - | 0.56% |
1 analysts predict RRGB's average Quarter EBITDA for Jul 23 to be $-2.40M, with a high of $-2.37M and a low of $-2.43M. This is -106.88% lower than Red Robin Gourmet Burgers's previous annual EBITDA (Apr 23) of $34.86M.
Red Robin Gourmet Burgers Net Income Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Jul 20 | Jul 19 | Jul 18 | Jul 17 | Jul 16 | Jul 15 | Jul 14 | Jul 13 | Jul 12 | Jul 11 | Jul 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 7 | 2 | 3 | 4 | 5 | 18 | 15 | 15 | 14 | 10 | 10 | 8 | 20 | 14 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $-3.10M | - | - | - | $-3.10M | - | - | $-5.00M | $-56.26M | $981.00K | - | - | - | $11.17M | $9.47M | $11.14M | - | - | $4.33M |
| Avg Forecast | $-2.52M | $-12.60M | $-5.41M | $-6.20M | $-7.88M | $24.22M | $-4.60M | $-15.09M | $-8.56M | $-13.39M | $-17.64M | $-9.56M | $-8.32M | $-9.51M | $-5.13M | $-17.22M | $-24.51M | $-2.61M | $-13.66M | $-636.03M | $927.20K | $4.81M | $5.71M | $12.15M | $12.45M | $10.25M | $9.50M | $7.39M | $3.99M | $6.83M |
| High Forecast | $-2.49M | $-12.43M | $-5.34M | $-5.82M | $-6.46M | $24.67M | $-4.54M | $-14.89M | $-8.36M | $-13.21M | $-17.41M | $-9.43M | $-6.66M | $-9.51M | $-4.10M | $-17.22M | $-24.51M | $-2.61M | $-10.92M | $-508.82M | $1.11M | $5.77M | $6.85M | $14.58M | $14.94M | $12.30M | $11.40M | $8.87M | $4.78M | $8.20M |
| Low Forecast | $-2.57M | $-12.84M | $-5.51M | $-6.58M | $-8.82M | $23.89M | $-4.69M | $-15.37M | $-8.96M | $-13.64M | $-17.97M | $-9.73M | $-9.99M | $-9.51M | $-6.16M | $-17.22M | $-24.51M | $-2.61M | $-16.39M | $-763.24M | $741.76K | $3.84M | $4.56M | $9.72M | $9.96M | $8.20M | $7.60M | $5.91M | $3.19M | $5.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.32% | - | - | - | 0.18% | - | - | 0.37% | 0.09% | 1.06% | - | - | - | 0.90% | 0.92% | 1.17% | - | - | 0.63% |
Red Robin Gourmet Burgers's average Quarter net income forecast for Jul 20 is $-636.03M, with a range of $-763.24M to $-508.82M. RRGB's average Quarter net income forecast represents a -64934.79% decrease compared to the company's last Quarter net income of $981.00K (Jul 19).
Red Robin Gourmet Burgers SG&A Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Jul 20 | Jul 19 | Jul 18 | Jul 17 | Jul 16 | Jul 15 | Jul 14 | Jul 13 | Jul 12 | Jul 11 | Jul 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 7 | 2 | 3 | 4 | 5 | 18 | 15 | 15 | 14 | 10 | 10 | 8 | 20 | 14 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $34.52M | - | - | - | $34.38M | - | - | $28.35M | $20.66M | $36.65M | - | - | - | $34.13M | $30.32M | $28.39M | - | - | $20.01M |
| Avg Forecast | $31.46M | $30.49M | $32.77M | $43.63M | $30.81M | $30.23M | $31.44M | $29.80M | $32.50M | $30.34M | $31.05M | $31.64M | $65.56M | $31.64M | $56.80M | $24.53M | $22.69M | $33.32M | $48.17M | $5.56M | $115.02M | $90.54M | $49.95M | $63.76M | $54.07M | $54.59M | $56.30M | $37.25M | $22.82M | $66.97M |
| High Forecast | $31.91M | $30.93M | $33.24M | $43.70M | $31.53M | $30.66M | $32.50M | $30.07M | $32.63M | $30.77M | $31.49M | $32.10M | $78.67M | $31.64M | $68.16M | $24.53M | $22.69M | $33.32M | $57.81M | $6.68M | $138.03M | $108.64M | $59.94M | $76.51M | $64.89M | $65.51M | $67.56M | $44.70M | $27.39M | $80.36M |
| Low Forecast | $31.13M | $30.18M | $32.43M | $43.57M | $30.05M | $29.92M | $30.37M | $29.53M | $32.42M | $30.03M | $30.73M | $31.32M | $52.45M | $31.64M | $45.44M | $24.53M | $22.69M | $33.32M | $38.54M | $4.45M | $92.02M | $72.43M | $39.96M | $51.01M | $43.26M | $43.68M | $45.04M | $29.80M | $18.26M | $53.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.09% | - | - | - | 1.40% | - | - | 0.59% | 3.71% | 0.32% | - | - | - | 0.63% | 0.56% | 0.50% | - | - | 0.30% |
Red Robin Gourmet Burgers's average Quarter SG&A projection for Jul 23 is $31.05M, based on 1 Wall Street analysts, with a range of $30.73M to $31.49M. The forecast indicates a -10.06% fall compared to RRGB last annual SG&A of $34.52M (Apr 23).
Red Robin Gourmet Burgers EPS Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Jul 20 | Jul 19 | Jul 18 | Jul 17 | Jul 16 | Jul 15 | Jul 14 | Jul 13 | Jul 12 | Jul 11 | Jul 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 7 | 2 | 3 | 4 | 5 | 18 | 15 | 15 | 14 | 10 | 10 | 8 | 20 | 14 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $-0.19 | - | - | - | $-0.20 | - | - | $-0.32 | $-4.09 | $0.08 | $-0.14 | - | - | $0.79 | $0.66 | $0.78 | - | - | $0.28 |
| Avg Forecast | $-0.16 | $-0.80 | $-0.34 | $-0.39 | $-0.50 | $1.54 | $-0.29 | $-0.96 | $-0.54 | $-0.85 | $-1.12 | $-0.61 | $-0.55 | $-0.61 | $1.15 | $-1.10 | $-1.56 | $-0.17 | $-0.22 | $-4.01 | $0.71 | $0.83 | $0.43 | $0.95 | $0.66 | $0.62 | $0.66 | $0.48 | $0.11 | $0.37 |
| High Forecast | $-0.16 | $-0.79 | $-0.34 | $-0.37 | $-0.41 | $1.57 | $-0.29 | $-0.95 | $-0.53 | $-0.84 | $-1.10 | $-0.60 | $-0.54 | $-0.61 | $1.15 | $-1.10 | $-1.56 | $-0.17 | $-0.22 | $-3.21 | $0.85 | $1.00 | $0.52 | $1.14 | $0.79 | $0.74 | $0.79 | $0.58 | $0.13 | $0.44 |
| Low Forecast | $-0.16 | $-0.81 | $-0.35 | $-0.42 | $-0.56 | $1.52 | $-0.30 | $-0.98 | $-0.57 | $-0.87 | $-1.14 | $-0.62 | $-0.56 | $-0.61 | $1.15 | $-1.10 | $-1.56 | $-0.17 | $-0.22 | $-4.82 | $0.57 | $0.66 | $0.34 | $0.76 | $0.53 | $0.50 | $0.53 | $0.38 | $0.09 | $0.30 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.31% | - | - | - | 0.18% | - | - | 1.44% | 1.02% | 0.11% | -0.17% | - | - | 1.20% | 1.06% | 1.18% | - | - | 0.76% |
According to 18 Wall Street analysts, Red Robin Gourmet Burgers's projected average Quarter EPS for Jul 20 is $-4.01, with a low estimate of $-4.82 and a high estimate of $-3.21. This represents a -5112.50% decrease compared to RRGB previous annual EPS of $0.08 (Jul 19).
Red Robin Gourmet Burgers Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| RRGB | Red Robin Gourmet Burgers | $5.27 | $11.50 | 118.22% | Buy |
| BLMN | Bloomin' Brands | $11.77 | $20.00 | 69.92% | Hold |
| JACK | Jack in the Box | $39.35 | $61.33 | 55.86% | Buy |
| PZZA | Papa John's | $40.12 | $58.50 | 45.81% | Buy |
| DIN | Dine Brands Global | $29.84 | $43.25 | 44.94% | Buy |
| DENN | Denny's | $5.87 | $7.50 | 27.77% | Buy |
| BJRI | BJ's Restaurants | $35.29 | $39.60 | 12.21% | Buy |
| CAKE | Cheesecake Factory | $48.07 | $49.33 | 2.62% | Buy |
| TXRH | Texas Roadhouse | $182.58 | $175.20 | -4.04% | Hold |
| EAT | Brinker | $137.19 | $101.67 | -25.89% | Hold |