Citigroup Forecasts Strong Price Appreciation for BJ’s Restaurants (NASDAQ:BJRI) Stock

BJ’s Restaurants (NASDAQ:BJRI) had its target price hoisted by Citigroup from $45.00 to $49.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the restaurant operator’s stock. Citigroup’s price target suggests a potential upside of 28.98% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Sanford C. Bernstein reiterated an “underweight” rating and issued a $30.00 price objective on shares of BJ’s Restaurants in a report on Friday, October 31st. Jefferies Financial Group reiterated a “buy” rating and issued a $50.00 price target on shares of BJ’s Restaurants in a research note on Friday, October 31st. Wall Street Zen downgraded shares of BJ’s Restaurants from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Mizuho boosted their price objective on BJ’s Restaurants from $39.00 to $42.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Finally, Benchmark increased their target price on BJ’s Restaurants from $44.00 to $48.00 and gave the stock a “buy” rating in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $43.00.

BJ’s Restaurants Price Performance

NASDAQ:BJRI opened at $37.99 on Thursday. BJ’s Restaurants has a 12-month low of $28.46 and a 12-month high of $47.02. The firm has a market capitalization of $803.11 million, a price-to-earnings ratio of 17.67, a P/E/G ratio of 1.26 and a beta of 1.33. The stock’s 50 day moving average price is $42.21 and its two-hundred day moving average price is $36.92. The company has a quick ratio of 0.30, a current ratio of 0.36 and a debt-to-equity ratio of 0.25.

BJ’s Restaurants (NASDAQ:BJRI) last issued its earnings results on Wednesday, February 25th. The restaurant operator reported $0.66 EPS for the quarter, topping the consensus estimate of $0.60 by $0.06. BJ’s Restaurants had a return on equity of 13.77% and a net margin of 3.49%.The company had revenue of $355.40 million during the quarter, compared to the consensus estimate of $353.71 million. During the same period in the previous year, the company posted $0.47 EPS. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. On average, analysts anticipate that BJ’s Restaurants will post 1.5 earnings per share for the current year.

Insider Buying and Selling at BJ’s Restaurants

In other news, EVP Brian S. Krakower sold 8,017 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $39.61, for a total transaction of $317,553.37. Following the completion of the sale, the executive vice president directly owned 4,409 shares in the company, valued at approximately $174,640.49. This represents a 64.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 4.30% of the company’s stock.

Institutional Investors Weigh In On BJ’s Restaurants

Institutional investors and hedge funds have recently bought and sold shares of the company. CWM LLC grew its stake in BJ’s Restaurants by 187.7% during the fourth quarter. CWM LLC now owns 699 shares of the restaurant operator’s stock worth $28,000 after buying an additional 456 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of BJ’s Restaurants by 39.3% during the 4th quarter. GAMMA Investing LLC now owns 939 shares of the restaurant operator’s stock worth $37,000 after acquiring an additional 265 shares during the period. Quarry LP boosted its position in shares of BJ’s Restaurants by 1,618.3% during the 3rd quarter. Quarry LP now owns 1,031 shares of the restaurant operator’s stock worth $31,000 after acquiring an additional 971 shares in the last quarter. Kemnay Advisory Services Inc. bought a new position in BJ’s Restaurants in the fourth quarter valued at approximately $63,000. Finally, Ameritas Investment Partners Inc. increased its stake in BJ’s Restaurants by 18.0% in the second quarter. Ameritas Investment Partners Inc. now owns 2,189 shares of the restaurant operator’s stock valued at $98,000 after acquiring an additional 334 shares during the last quarter. Institutional investors own 99.95% of the company’s stock.

Key BJ’s Restaurants News

Here are the key news stories impacting BJ’s Restaurants this week:

• Positive Sentiment: BJ’s reported a Q4 beat on both EPS and revenue, beating consensus (EPS $0.66 vs. $0.60; revenue $355.4M vs. $353.7M), showing year‑over‑year revenue growth and improving operational fundamentals. Article Title
• Positive Sentiment: Several analysts raised price targets after the print (Benchmark to $48, Citigroup to $49), reflecting confidence in the recovery and giving upside vs. the current price. Article Title
• Neutral Sentiment: Management outlined modest comp‑sales guidance of 1–3% for 2026 while highlighting menu innovation and unit expansion — positive for long‑term growth but conservative in the near term. Article Title
• Neutral Sentiment: Multiple news wires and earnings recaps emphasize that revenue and EPS beat estimates; investors will be listening for margin trends and FY guidance detail from the call transcript. Article Title
• Negative Sentiment: Underlying fundamentals that may concern investors: slim net margin (≈3.5%), low liquidity ratios (quick ratio ~0.30, current ratio ~0.36) and modest YoY revenue growth, which can make the name sensitive to cost pressure or traffic weakness. Article Title
• Negative Sentiment: Not all brokers are uniformly bullish: Barclays raised its target but kept an underweight rating, a reminder of split analyst sentiment that can fuel volatility after earnings. Article Title
• Neutral Sentiment: Market action shows modestly lower volume vs. average and noisy/invalid short‑interest data in the feed — technical/dealer flows and profit taking after a recent run toward the 52‑week high may be amplifying the move. Article Title

About BJ’s Restaurants

BJ’s Restaurants, Inc is a publicly traded casual dining chain known for its deep‐dish pizzas, California‐style thin crust offerings and in‐house craft beer selections. Operating under the BJ’s Restaurant & Brewhouse brand, the company combines a microbrewery concept with full‐service dining, offering an extensive menu that includes appetizers, salads, pasta dishes, sandwiches and the signature Pizookie dessert.

Founded in 1978 in Orange County, California, BJ’s Restaurants began as BJ’s Chicago Pizzeria, bringing a Chicago‐style pizza experience to the West Coast.