Cheesecake Factory

CAKENASDAQ
$37.83
-0.67-1.74%
At Close: -
$37.83
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$60.00
Lowest Price Target1
$28.00
Consensus Price Target1
$36.00

Cheesecake Factory (NASDAQ:CAKE) Stock, Analyst Ratings, Price Targets, Predictions

Cheesecake Factory Inc has a consensus price target of $36, established from looking at the 96 latest analyst ratings. The last 3 analyst ratings were released from Wedbush, JP Morgan, and B of A Securities on May 30, 2024, May 28, 2024, and May 15, 2024. With an average price target of $42.67 between Wedbush, JP Morgan, and B of A Securities, there's an implied 12.79% upside for Cheesecake Factory Inc from these 3 analyst ratings.

Analyst Trends and Forecast
1
Jan
1
1
1
Feb
2
Apr
5
3
2
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wedbush
JP Morgan
B of A Securities
Stephens & Co.
Citigroup

1calculated from analyst ratings

Analyst Ratings for Cheesecake Factory

Buy NowGet Alert
05/30/2024Buy Now18.95%Wedbush
Nick Setyan
$45 → $45ReiteratesOutperform → OutperformGet Alert
05/28/2024Buy Now5.74%JP Morgan
John Ivankoe
$34 → $40MaintainsUnderweightGet Alert
05/15/2024Buy Now13.67%B of A Securities
Katherine Griffin
$39 → $43MaintainsNeutralGet Alert
05/15/2024Buy Now32.17%Stephens & Co.
Jim Salera
$44 → $50MaintainsOverweightGet Alert
05/10/2024Buy Now24.24%Citigroup
Jon Tower
$38 → $47UpgradeNeutral → BuyGet Alert
05/09/2024Buy Now16.31%Stephens & Co.
Jim Salera
→ $44ReiteratesOverweight → OverweightGet Alert
05/09/2024Buy Now11.02%Raymond James
Brian Vaccaro
→ $42UpgradeMarket Perform → OutperformGet Alert
05/09/2024Buy Now0.45%Deutsche Bank
Lauren Silberman
$37 → $38MaintainsHoldGet Alert
05/09/2024Buy Now-4.84%Wells Fargo
Zachary Fadem
$35 → $36MaintainsEqual-WeightGet Alert
05/09/2024Buy Now-15.41%Barclays
Jeffrey Bernstein
$33 → $32MaintainsUnderweightGet Alert
05/09/2024Buy Now-2.19%Baird
David Tarantino
$32 → $37MaintainsNeutralGet Alert
05/09/2024Buy Now18.95%Wedbush
Nick Setyan
$40 → $45MaintainsOutperformGet Alert
04/12/2024Buy Now16.31%Stephens & Co.
Jim Salera
→ $44Reinstates → OverweightGet Alert
04/10/2024Buy Now5.74%Wedbush
Nick Setyan
→ $40ReiteratesOutperform → OutperformGet Alert
02/22/2024Buy Now-2.19%Piper Sandler
Nicole Miller Regan
$33 → $37MaintainsNeutralGet Alert
02/22/2024Buy Now—Oppenheimer
Brian Bittner
—MaintainsPerformGet Alert
02/22/2024Buy Now-12.77%Barclays
Jeffrey Bernstein
$32 → $33MaintainsUnderweightGet Alert
02/22/2024Buy Now5.74%Wedbush
Nick Setyan
→ $40ReiteratesOutperform → OutperformGet Alert
01/23/2024Buy Now-12.77%JP Morgan
John Ivankoe
→ $33DowngradeNeutral → UnderweightGet Alert
12/21/2023Buy Now—Wedbush
Nick Setyan
—UpgradeNeutral → OutperformGet Alert
11/22/2023Buy Now-10.12%Wedbush
Nick Setyan
$32 → $34MaintainsNeutralGet Alert
11/20/2023Buy Now-15.41%Wedbush
Nick Setyan
→ $32ReiteratesNeutral → NeutralGet Alert
11/02/2023Buy Now-12.77%Piper Sandler
Nicole Miller Regan
$36 → $33MaintainsNeutralGet Alert
11/02/2023Buy Now-31.27%Barclays
Jeffrey Bernstein
$28 → $26MaintainsUnderweightGet Alert
11/02/2023Buy Now-7.48%Stephens & Co.
Joshua Long
$40 → $35MaintainsOverweightGet Alert
11/02/2023Buy Now-15.41%Wedbush
Nick Setyan
→ $32ReiteratesNeutral → NeutralGet Alert
10/23/2023Buy Now-25.98%Barclays
Jeffrey Bernstein
$32 → $28MaintainsUnderweightGet Alert
10/19/2023Buy Now-15.41%Deutsche Bank
Lauren Silberman
→ $32Initiates → HoldGet Alert
10/18/2023Buy Now-12.77%Citigroup
Jon Tower
$39 → $33MaintainsNeutralGet Alert
10/11/2023Buy Now-25.98%Morgan Stanley
John Glass
$31 → $28MaintainsUnderweightGet Alert
10/05/2023Buy Now-12.77%B of A Securities
Katherine Griffin
→ $33Reinstates → NeutralGet Alert
08/04/2023Buy Now-18.05%Morgan Stanley
John Glass
$31 → $31ReiteratesUnderweight → UnderweightGet Alert
08/03/2023Buy Now1.77%Wedbush
Nick Setyan
$36 → $38.5MaintainsNeutralGet Alert
08/03/2023Buy Now5.74%Stephens & Co.
Joshua Long
→ $40ReiteratesOverweight → OverweightGet Alert
07/28/2023Buy Now-4.84%Wedbush
Nick Setyan
→ $36ReiteratesNeutral → NeutralGet Alert
07/26/2023Buy Now—Kalinowski Research
Mark Kalinowski
—DowngradeBuy → NeutralGet Alert
07/24/2023Buy Now-2.19%Citigroup
Jon Tower
$36 → $37MaintainsNeutralGet Alert
07/18/2023Buy Now-4.84%Piper Sandler
Nicole Miller Regan
→ $36InitiatesNeutral → NeutralGet Alert
07/17/2023Buy Now-18.05%Morgan Stanley
John Glass
$31 → $31ReiteratesUnderweight → UnderweightGet Alert
06/26/2023Buy Now-12.77%Wells Fargo
Jon Tower
→ $33Initiates → Equal-WeightGet Alert
05/11/2023Buy Now-4.84%Wedbush
Nick Setyan
→ $36ReiteratesNeutral → NeutralGet Alert
05/11/2023Buy Now-15.41%Barclays
Jeffrey Bernstein
$30 → $32MaintainsUnderweightGet Alert
05/11/2023Buy Now5.74%Stephens & Co.
Joshua Long
→ $40Reiterates → OverweightGet Alert
04/24/2023Buy Now-7.48%Citigroup
Jon Tower
$39 → $35MaintainsNeutralGet Alert
03/03/2023Buy Now0.45%JP Morgan
John Ivankoe
$35 → $38MaintainsNeutralGet Alert
02/23/2023Buy Now11.02%Credit Suisse
Lauren Silberman
$37 → $42MaintainsNeutralGet Alert
02/23/2023Buy Now3.09%Baird
David Tarantino
$33 → $39MaintainsNeutralGet Alert
02/23/2023Buy Now-20.7%Barclays
Jeffrey Bernstein
$28 → $30MaintainsUnderweightGet Alert
02/23/2023Buy Now5.74%Stephens & Co.
Joshua Long
$38 → $40MaintainsOverweightGet Alert
02/23/2023Buy Now16.31%Wedbush
Nick Setyan
$40 → $44MaintainsNeutralGet Alert
02/22/2023Buy Now0.45%Stephens & Co.
Joshua Long
→ $38Reiterates → OverweightGet Alert
02/08/2023Buy Now5.74%Wedbush
Nick Setyan
$33 → $40MaintainsNeutralGet Alert
01/25/2023Buy Now-20.7%UBS
Dennis Geiger
→ $30DowngradeNeutral → SellGet Alert
01/24/2023Buy Now—Raymond James
Brian Vaccaro
—DowngradeOutperform → Market PerformGet Alert
01/18/2023Buy Now-18.05%Morgan Stanley
John Glass
$26 → $31MaintainsUnderweightGet Alert
01/17/2023Buy Now3.09%Citigroup
Jon Tower
→ $39DowngradeBuy → NeutralGet Alert
01/05/2023Buy Now-25.98%Barclays
Jeffrey Bernstein
$31 → $28MaintainsUnderweightGet Alert
12/12/2022Buy Now-23.34%Goldman Sachs
Jared Garber
$35 → $29DowngradeNeutral → SellGet Alert
12/02/2022Buy Now-7.48%Wedbush
Nick Setyan
$37 → $35DowngradeOutperform → NeutralGet Alert
11/02/2022Buy Now-4.84%Deutsche Bank
Brian Mullan
$31 → $36MaintainsHoldGet Alert
11/02/2022Buy Now-18.05%Barclays
Jeffrey Bernstein
$28 → $31MaintainsUnderweightGet Alert
11/02/2022Buy Now3.09%Citigroup
Jon Tower
$36 → $39MaintainsBuyGet Alert
11/02/2022Buy Now-2.19%Wedbush
Nick Setyan
$38 → $37MaintainsOutperformGet Alert
09/23/2022Buy Now0.45%Stephens & Co.
Joshua Long
→ $38Initiates → OverweightGet Alert
07/28/2022Buy Now-25.98%Barclays
Jeffrey Bernstein
$32 → $28MaintainsUnderweightGet Alert
07/28/2022Buy Now-2.19%Credit Suisse
Lauren Silberman
$48 → $37MaintainsNeutralGet Alert
07/26/2022Buy Now-20.7%UBS
Dennis Geiger
$42 → $30MaintainsNeutralGet Alert
07/19/2022Buy Now-4.84%Raymond James
Brian Vaccaro
$48 → $36MaintainsOutperformGet Alert
07/18/2022Buy Now-31.27%Morgan Stanley
John Glass
$37 → $26MaintainsUnderweightGet Alert
07/11/2022Buy Now-20.7%Piper Sandler
Nicole Miller Regan
$38 → $30MaintainsNeutralGet Alert
07/05/2022Buy Now-7.48%Deutsche Bank
Brian Mullan
$43 → $35MaintainsHoldGet Alert
06/16/2022Buy Now13.67%Citigroup
Jon Tower
$52 → $43MaintainsBuyGet Alert
06/13/2022Buy Now0.45%Piper Sandler
Nicole Miller Regan
$44 → $38MaintainsNeutralGet Alert
06/09/2022Buy Now-15.41%Barclays
Jeffrey Bernstein
$39 → $32MaintainsUnderweightGet Alert
04/28/2022Buy Now26.88%Credit Suisse
Lauren Silberman
$52 → $48MaintainsNeutralGet Alert
04/28/2022Buy Now29.53%Wedbush
Nick Setyan
$52 → $49MaintainsOutperformGet Alert
04/14/2022Buy Now-4.84%Morgan Stanley
John Glass
$39 → $36MaintainsUnderweightGet Alert
04/12/2022Buy Now37.46%Citigroup
Jon Tower
→ $52Initiates → BuyGet Alert
02/17/2022Buy Now3.09%Morgan Stanley
John Glass
$38 → $39MaintainsUnderweightGet Alert
02/17/2022Buy Now37.46%Wedbush
Nick Setyan
$49 → $52MaintainsOutperformGet Alert
02/17/2022Buy Now37.46%Stephens & Co.
James Rutherford
$47 → $52MaintainsOverweightGet Alert
02/11/2022Buy Now29.53%Wedbush
Nick Setyan
$52 → $49MaintainsOutperformGet Alert
01/26/2022Buy Now26.88%Raymond James
Brian Vaccaro
$52.5 → $48MaintainsOutperformGet Alert
01/14/2022Buy Now0.45%Morgan Stanley
John Glass
$43 → $38MaintainsUnderweightGet Alert
01/05/2022Buy Now24.24%Stephens & Co.
James Rutherford
$53 → $47UpgradeEqual-Weight → OverweightGet Alert
01/03/2022Buy Now16.31%Piper Sandler
Nicole Miller Regan
$65 → $44DowngradeOverweight → NeutralGet Alert
12/15/2021Buy Now-2.19%Barclays
Jeffrey Bernstein
—MaintainsUnderweightGet Alert
11/08/2021Buy Now40.1%Stephens & Co.
James Rutherford
—MaintainsEqual-WeightGet Alert
11/04/2021Buy Now37.46%Credit Suisse
Lauren Silberman
—MaintainsNeutralGet Alert
11/04/2021Buy Now38.78%Raymond James
Brian Vaccaro
—MaintainsOutperformGet Alert
10/28/2021Buy Now32.17%Wedbush
Nick Setyan
—MaintainsOutperformGet Alert
10/25/2021Buy Now55.96%Wells Fargo
Jon Tower
—MaintainsOverweightGet Alert
10/19/2021Buy Now32.17%Stephens & Co.
James Rutherford
—MaintainsEqual-WeightGet Alert
09/24/2021Buy Now58.6%Jefferies
Andy Barish
—UpgradeHold → BuyGet Alert
08/25/2021Buy Now45.39%Wedbush
Nick Setyan
—MaintainsOutperformGet Alert
07/12/2021Buy Now58.6%Raymond James
Brian Vaccaro
—UpgradeMarket Perform → OutperformGet Alert

FAQ

Q

What is the target price for Cheesecake Factory (CAKE) stock?

A

The latest price target for Cheesecake Factory (NASDAQ:CAKE) was reported by Wedbush on May 30, 2024. The analyst firm set a price target for $45.00 expecting CAKE to rise to within 12 months (a possible 18.95% upside). 39 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cheesecake Factory (CAKE)?

A

The latest analyst rating for Cheesecake Factory (NASDAQ:CAKE) was provided by Wedbush, and Cheesecake Factory reiterated their outperform rating.

Q

When was the last upgrade for Cheesecake Factory (CAKE)?

A

The last upgrade for Cheesecake Factory Inc happened on May 10, 2024 when Citigroup raised their price target to $47. Citigroup previously had a neutral for Cheesecake Factory Inc.

Q

When was the last downgrade for Cheesecake Factory (CAKE)?

A

The last downgrade for Cheesecake Factory Inc happened on January 23, 2024 when JP Morgan changed their price target from N/A to $33 for Cheesecake Factory Inc.

Q

When is the next analyst rating going to be posted or updated for Cheesecake Factory (CAKE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cheesecake Factory, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cheesecake Factory was filed on May 30, 2024 so you should expect the next rating to be made available sometime around May 30, 2025.

Q

Is the Analyst Rating Cheesecake Factory (CAKE) correct?

A

While ratings are subjective and will change, the latest Cheesecake Factory (CAKE) rating was a reiterated with a price target of $45.00 to $45.00. The current price Cheesecake Factory (CAKE) is trading at is $37.83, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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