Brinker International Inc. (EAT) shares reached an all-time high of $253.72 on Monday, extending a 66.8% gain over the past year as the company’s turnaround strategy at its Chili’s chain gains traction.
The stock last traded at $253.49, just below the record, following a 52-week high of $253.71 set earlier in the session. The company’s financial health has also drawn attention, with a perfect Piotroski Score of 9 and a PEG ratio of 0.69, metrics typically associated with strong fundamental performance.
Analysts have responded with a series of upward revisions to price targets, reflecting optimism over the company’s operational improvements. BofA Securities raised its target to $310, maintaining a Buy rating while citing strong unit-level economics. UBS lifted its target to $285, pointing to sustained sales momentum at Chili’s and potential earnings growth in fiscal 2027. DA Davidson increased its target to $260, highlighting accelerating same-store sales and better-than-expected fiscal 2027 guidance.
KeyBanc raised its target to $275, emphasizing strong fourth-quarter same-store sales growth and a positive outlook for the coming fiscal year. Baird initiated coverage with an Outperform rating, noting successful efforts such as menu simplification and improved execution at Chili’s.
Brinker International’s stock performance underscores investor confidence in its strategic initiatives, with analysts broadly bullish on the company’s near-term trajectory and long-term prospects.
