Citigroup Lowers Kura Sushi USA (NASDAQ:KRUS) Price Target to $59.00

Kura Sushi USA (NASDAQ:KRUS) had its price objective decreased by stock analysts at Citigroup from $64.00 to $59.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Citigroup’s target price would indicate a potential upside of 11.31% from the stock’s previous close.

Several other research firms also recently commented on KRUS. Freedom Capital upgraded shares of Kura Sushi USA to a “hold” rating in a research report on Wednesday, July 1st. Lake Street Capital reduced their target price on shares of Kura Sushi USA from $83.00 to $72.00 and set a “buy” rating for the company in a report on Wednesday. Wall Street Zen upgraded Kura Sushi USA from a “strong sell” rating to a “sell” rating in a research note on Saturday, April 11th. Zacks Research cut Kura Sushi USA from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 6th. Finally, DA Davidson reduced their price target on Kura Sushi USA from $90.00 to $70.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Kura Sushi USA currently has an average rating of “Hold” and an average price target of $70.25.

Kura Sushi USA Stock Performance

KRUS stock traded up $0.10 during midday trading on Wednesday, reaching $53.01. 427,403 shares of the company were exchanged, compared to its average volume of 347,900. The company has a market cap of $644.01 million, a price-to-earnings ratio of -330.44 and a beta of 1.33. Kura Sushi USA has a 1-year low of $42.62 and a 1-year high of $95.98. The stock’s 50-day simple moving average is $52.49 and its 200 day simple moving average is $60.37.

Kura Sushi USA (NASDAQ:KRUS) last posted its earnings results on Tuesday, July 7th. The company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.08. The business had revenue of $85.92 million for the quarter, compared to analysts’ expectations of $86.46 million. Kura Sushi USA had a negative return on equity of 0.12% and a negative net margin of 0.63%. On average, research analysts anticipate that Kura Sushi USA will post -0.19 earnings per share for the current year.

Institutional Investors Weigh In On Kura Sushi USA

Several institutional investors and hedge funds have recently modified their holdings of the stock. Stephens Inc. AR lifted its holdings in Kura Sushi USA by 31.9% in the first quarter. Stephens Inc. AR now owns 1,107,263 shares of the company’s stock worth $77,276,000 after purchasing an additional 267,955 shares during the period. Granahan Investment Management LLC raised its holdings in shares of Kura Sushi USA by 17.3% during the 4th quarter. Granahan Investment Management LLC now owns 787,108 shares of the company’s stock valued at $41,189,000 after purchasing an additional 116,096 shares in the last quarter. Divisadero Street Capital Management LP bought a new stake in Kura Sushi USA during the third quarter worth approximately $34,586,000. Balyasny Asset Management L.P. bought a new position in shares of Kura Sushi USA in the fourth quarter worth about $19,194,000. Finally, Ameriprise Financial Inc. increased its position in Kura Sushi USA by 17.5% during the second quarter. Ameriprise Financial Inc. now owns 345,958 shares of the company’s stock worth $29,780,000 after acquiring an additional 51,574 shares during the period. Hedge funds and other institutional investors own 65.49% of the company’s stock.

Kura Sushi USA News Roundup

Here are the key news stories impacting Kura Sushi USA this week:

• Positive Sentiment: Kura Sushi reported fiscal Q3 earnings of $0.03 per share, beating the consensus estimate of a $0.05 loss, which shows profitability came in better than expected. Article Title
• Positive Sentiment: Lake Street Capital and Roth Capital both reiterated Buy ratings, with price targets of $72 and $70, implying meaningful upside from the current share price. Article Title
• Neutral Sentiment: The company updated fiscal 2026 revenue guidance to $330.5 million-$331.5 million, which is close to but slightly below the analyst consensus of about $334.1 million, suggesting growth is still expected but not as strong as the market may have hoped. Article Title
• Negative Sentiment: TD Cowen cut its price target to $51 from $58 and moved to a Hold rating, highlighting more caution around the stock near current levels. Article Title
• Negative Sentiment: Shares also faced pressure after reports of weak Q3 sales and opening delays, which appear to be weighing on investor sentiment despite the earnings beat. Article Title

About Kura Sushi USA

Kura Sushi USA, Inc operates Japanese‐style revolving sushi restaurants across the United States. The company’s concept centers on delivering a modern sushi dining experience by combining fresh ingredients with automated conveyer belt and plate‐return systems. Guests can choose from a broad menu that includes nigiri, sashimi, maki rolls, tempura, udon noodles and chef‐inspired seasonal dishes, all served directly from the conveyor belt or ordered on tabletop touchscreens.

Each restaurant integrates patented technology to ensure food quality and operational efficiency.