Bloomin’ Brands (NASDAQ:BLMN) Price Target Raised to $9.00 at Barclays

Bloomin’ Brands (NASDAQ:BLMN) had its price objective raised by Barclays from $7.00 to $9.00 in a report issued on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the restaurant operator’s stock. Barclays‘s price objective would indicate a potential upside of 10.47% from the stock’s current price.

A number of other research firms have also recently commented on BLMN. Citigroup lifted their price target on Bloomin’ Brands from $6.75 to $7.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Sanford C. Bernstein set a $9.00 price target on Bloomin’ Brands in a report on Thursday. The Goldman Sachs Group reiterated a “neutral” rating and set a $8.50 price target (up from $6.00) on shares of Bloomin’ Brands in a report on Thursday. JPMorgan Chase & Co. cut Bloomin’ Brands from a “neutral” rating to an “underweight” rating and set a $6.00 price objective for the company. in a report on Friday, April 24th. Finally, UBS Group reiterated a “neutral” rating and set a $9.00 target price on shares of Bloomin’ Brands in a research note on Thursday. Seven analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $8.50.

Bloomin’ Brands Stock Performance

Bloomin’ Brands stock traded up $0.03 during midday trading on Thursday, reaching $8.15. 2,259,996 shares of the company’s stock were exchanged, compared to its average volume of 2,732,828. Bloomin’ Brands has a 52 week low of $5.19 and a 52 week high of $10.70. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.24 and a current ratio of 0.31. The firm has a market cap of $694.35 million, a price-to-earnings ratio of 81.86, a P/E/G ratio of 4.87 and a beta of 1.10. The stock’s 50-day simple moving average is $5.99 and its 200 day simple moving average is $6.55.

Bloomin’ Brands (NASDAQ:BLMN) last posted its quarterly earnings results on Wednesday, May 6th. The restaurant operator reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.10. Bloomin’ Brands had a return on equity of 26.26% and a net margin of 0.21%.The business had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter last year, the company posted $0.59 earnings per share. Bloomin’ Brands’s quarterly revenue was up 1.0% on a year-over-year basis. Bloomin’ Brands has set its FY 2026 guidance at 0.750-0.900 EPS and its Q2 2026 guidance at 0.270-0.320 EPS. On average, analysts expect that Bloomin’ Brands will post 0.82 earnings per share for the current fiscal year.

Insider Transactions at Bloomin’ Brands

In other news, Director Rohit Lal purchased 10,000 shares of Bloomin’ Brands stock in a transaction that occurred on Wednesday, March 11th. The stock was acquired at an average cost of $5.69 per share, for a total transaction of $56,900.00. Following the purchase, the director directly owned 30,156 shares of the company’s stock, valued at $171,587.64. This trade represents a 49.61% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.18% of the stock is owned by company insiders.

Institutional Trading of Bloomin’ Brands

Several institutional investors have recently added to or reduced their stakes in the company. State Street Corp boosted its stake in Bloomin’ Brands by 1.8% in the 4th quarter. State Street Corp now owns 3,400,106 shares of the restaurant operator’s stock valued at $20,979,000 after purchasing an additional 58,722 shares during the period. Millennium Management LLC boosted its stake in shares of Bloomin’ Brands by 69.9% in the third quarter. Millennium Management LLC now owns 2,590,098 shares of the restaurant operator’s stock valued at $18,571,000 after buying an additional 1,065,842 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Bloomin’ Brands by 12.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,409,123 shares of the restaurant operator’s stock valued at $14,864,000 after buying an additional 269,746 shares during the period. Federated Hermes Inc. boosted its stake in shares of Bloomin’ Brands by 115.9% in the fourth quarter. Federated Hermes Inc. now owns 2,064,940 shares of the restaurant operator’s stock valued at $12,741,000 after buying an additional 1,108,500 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Bloomin’ Brands by 12.4% in the fourth quarter. Geode Capital Management LLC now owns 1,940,257 shares of the restaurant operator’s stock valued at $11,973,000 after buying an additional 213,932 shares during the period.

More Bloomin’ Brands News

Here are the key news stories impacting Bloomin’ Brands this week:

• Positive Sentiment: Q1 beat — Bloomin’ reported Q1 EPS of $0.67 vs. consensus $0.57 and revenue of $1.06B (vs. ~$1.04B est.), with revenue +1% year-over-year, signaling operational stabilization and margin improvement. Read More.
• Positive Sentiment: Raised near-term outlook — management updated Q2 2026 EPS guidance to $0.27–$0.32 (above the prior consensus ~$0.22) and set FY2026 EPS guidance of $0.75–$0.90, giving near-term upside visibility that likely underpins the rally. Read More.
• Positive Sentiment: Brand-level recovery driving results — Outback Steakhouse sales/margins improved and higher guest spend helped overall company performance, supporting management’s turnaround narrative. Read More.
• Neutral Sentiment: Earnings call transparency — the Q1 2026 earnings call transcript provides color on initiatives, cost management and brand execution; useful for evaluating sustainability of trends. Read More.
• Neutral Sentiment: Analyst notes and metric review — coverage from Zacks and others confirms the beat and highlights key metrics to watch (same-store sales, margins, labor/commodity trends). Read More.
• Negative Sentiment: Market caution on longer-term performance — commentary notes a sharp near-term pop but that BLMN’s longer-term stock performance still lags peers and benchmarks, raising questions about durability of the rally. Read More.
• Negative Sentiment: Financial/valuation red flags — the company carries high leverage and thin liquidity (elevated debt-to-equity, low current/quick ratios), a slim net margin and a high trailing P/E, which increase sensitivity to any slowdown in sales or cost pressures (investors should weigh operational gains against balance-sheet and valuation risks).

Bloomin’ Brands Company Profile

Bloomin’ Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company’s portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba’s Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming’s Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.