Brinker International Analysts Boost Their Forecasts Following Upbeat Q4 Results

Core Insights - Brinker International, Inc. reported better-than-expected fourth-quarter EPS and sales results, raising FY2026 guidance above estimates [1][2] - The company achieved fourth-quarter adjusted EPS of $2.49, surpassing the analyst consensus estimate of $2.45, with quarterly sales of $1.462 billion, reflecting a 21% year-over-year increase [1] - For FY2026, Brinker projects adjusted EPS between $9.90 and $10.50, exceeding the consensus estimate of $8.84, and expects sales of $5.6 billion to $5.7 billion, above the forecast of $5.36 billion [2] Financial Performance - The company reported a two-year sales growth of 39% and a three-year growth of 45%, indicating sustained momentum [2] - Brinker shares rose 1.1% to $159.12 following the earnings announcement [3] Analyst Ratings and Price Targets - Barclays analyst Jeffrey Bernstein maintained an Equal-Weight rating and raised the price target from $166 to $170 [8] - BMO Capital analyst Andrew Strelzik maintained a Market Perform rating and increased the price target from $150 to $170 [8] - Evercore ISI Group analyst David Palmer maintained an In-Line rating and raised the price target from $180 to $190 [8] - UBS analyst Dennis Geiger maintained a Neutral rating and increased the price target from $155 to $165 [8] - Piper Sandler analyst Nicole Miller Regan maintained a Neutral rating and raised the price target from $155 to $168 [8] - B of A Securities analyst Katherine Griffin maintained a Neutral rating and increased the price target from $186 to $190 [8] - Morgan Stanley analyst John Glass maintained an Equal-Weight rating and raised the price target from $149 to $161 [8]