Brinker International (NYSE:EAT) Price Target Raised to $190.00 at Citigroup

Brinker International (NYSE:EAT) had its price target raised by Citigroup from $187.00 to $190.00 in a research note released on Thursday,Benzinga reports. They currently have a buy rating on the restaurant operator’s stock.

A number of other research firms also recently issued reports on EAT. Mizuho raised their target price on Brinker International from $155.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. Jefferies Financial Group lifted their price objective on Brinker International from $125.00 to $155.00 and gave the stock a “hold” rating in a report on Monday, December 15th. TD Cowen initiated coverage on Brinker International in a research note on Tuesday, January 20th. They issued a “buy” rating and a $192.00 price objective on the stock. Bank of America upgraded shares of Brinker International from a “neutral” rating to a “buy” rating and increased their target price for the stock from $190.00 to $192.00 in a research report on Monday, October 6th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Brinker International in a research report on Monday, December 29th. Twelve research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $188.56.

Brinker International Stock Performance

Shares of EAT stock opened at $160.98 on Thursday. The firm has a market cap of $7.15 billion, a price-to-earnings ratio of 16.28, a P/E/G ratio of 1.13 and a beta of 1.34. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.29 and a current ratio of 0.36. Brinker International has a 52 week low of $100.30 and a 52 week high of $192.21. The firm’s 50-day simple moving average is $151.34 and its two-hundred day simple moving average is $144.24.

Brinker International (NYSE:EAT) last released its earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.53 by $0.34. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the prior year, the firm earned $2.80 EPS. The company’s revenue was up 6.9% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. As a group, equities analysts forecast that Brinker International will post 8.3 earnings per share for the current year.

Hedge Funds Weigh In On Brinker International

Several hedge funds have recently bought and sold shares of EAT. NewEdge Advisors LLC lifted its stake in Brinker International by 1,118.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock worth $173,000 after purchasing an additional 1,063 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Brinker International by 266.7% in the second quarter. Farther Finance Advisors LLC now owns 693 shares of the restaurant operator’s stock worth $125,000 after buying an additional 504 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in shares of Brinker International by 253.6% in the second quarter. Public Employees Retirement System of Ohio now owns 1,312 shares of the restaurant operator’s stock worth $237,000 after buying an additional 941 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in Brinker International by 8.4% during the second quarter. Janney Montgomery Scott LLC now owns 25,817 shares of the restaurant operator’s stock valued at $4,656,000 after buying an additional 2,011 shares during the period. Finally, USA Financial Formulas bought a new stake in Brinker International during the second quarter valued at $89,000.

Trending Headlines about Brinker International

Here are the key news stories impacting Brinker International this week:

• Positive Sentiment: Brinker beat expectations for Q2 (EPS $2.87 vs. $2.53 est.) and raised FY2026 guidance, driven by robust Chili’s comps and revenue growth — the core operational catalyst cited by management. PR Newswire: Q2 Results & Guidance
• Positive Sentiment: Media coverage highlights a turnaround at Chili’s as the primary driver of the beat and outlook — useful context for investors focused on brand-level recovery and same-store sales momentum. Yahoo Finance: Chili’s Turnaround Video
• Positive Sentiment: Several major brokers raised price targets and issued more bullish ratings after the print — notable lifts include Morgan Stanley (to $205, overweight), Goldman Sachs (to $200, buy), Citi and UBS (to $190, buy), and JPMorgan (to $187, overweight). This institutional re-rating supports further upside interest. Benzinga: Analyst Coverage Summary TickerReport: Morgan Stanley Note
• Neutral Sentiment: Some firms issued less bullish stances despite higher targets — Jefferies raised its target to $175 but kept a “hold”; Piper Sandler moved to neutral with a raised target to $166; Barclays to equal weight at $170. These temper enthusiasm among more cautious analysts. Benzinga: Coverage on Mixed Analyst Actions TickerReport: Piper Sandler Note
• Neutral Sentiment: Technical setup is constructive for momentum traders — a recent “golden cross” (50-day SMA > 200-day SMA) has been flagged by market commentators, which can attract technical buying. Zacks: Technical Outlook
• Negative Sentiment: Balance-sheet/liquidity metrics remain a watch item for risk-aware investors — reported debt-to-equity is elevated and current/quick ratios are low, which could limit flexibility if industry conditions weaken. No link

About Brinker International

Brinker International, Inc (NYSE: EAT) is a leading global operator of casual dining restaurants. The company’s portfolio is anchored by its flagship Chili’s® Grill & Bar concept and Maggiano’s® Little Italy full‐service restaurants, offering a range of American‐style menu items, handcrafted cocktails and family‐friendly dining experiences. Through dine‐in, takeout, delivery and catering services, Brinker seeks to meet consumer preferences across multiple channels.

The Chili’s brand features signature items such as baby back ribs, burgers and fajitas alongside a rotating selection of limited‐time offerings and seasonal beverages.