Red Robin Gourmet Burgers Inc has a consensus price target of $11.3 based on the ratings of 6 analysts. The high is $16 issued by Lake Street on August 23, 2024. The low is $9 issued by Jefferies on October 3, 2023. The 3 most-recent analyst ratings were released by CL King, Benchmark, and Lake Street on February 27, 2025, August 23, 2024, and August 23, 2024, respectively. With an average price target of $12 between CL King, Benchmark, and Lake Street, there's an implied 343.62% upside for Red Robin Gourmet Burgers Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
02/27/2025 | Buy Now | 269.69% | CL King | Andrew Wolf50% | → $10 | Upgrade | Neutral → Buy | Get Alert |
08/23/2024 | Buy Now | 269.69% | Benchmark | Todd Brooks43% | $16 → $10 | Maintains | Buy | Get Alert |
08/23/2024 | Buy Now | 491.5% | Lake Street | Mark Smith28% | $17 → $16 | Maintains | Buy | Get Alert |
08/23/2024 | Buy Now | 325.14% | Craig-Hallum | Jeremy Hamblin60% | $15 → $11.5 | Maintains | Buy | Get Alert |
08/20/2024 | Buy Now | 491.5% | Benchmark | Todd Brooks43% | $18 → $16 | Maintains | Buy | Get Alert |
08/14/2024 | Buy Now | 454.53% | Craig-Hallum | Jeremy Hamblin60% | $20 → $15 | Maintains | Buy | Get Alert |
05/30/2024 | Buy Now | 528.47% | Lake Street | Mark Smith28% | $16 → $17 | Maintains | Buy | Get Alert |
04/30/2024 | Buy Now | 491.5% | Lake Street | Mark Smith28% | → $16 | Initiates | → Buy | Get Alert |
04/25/2024 | Buy Now | 639.37% | Craig-Hallum | Jeremy Hamblin60% | → $20 | Initiates | → Buy | Get Alert |
04/15/2024 | Buy Now | 565.43% | Benchmark | Todd Brooks43% | $18 → $18 | Reiterates | Buy → Buy | Get Alert |
03/26/2024 | Buy Now | 565.43% | Benchmark | Todd Brooks43% | $18 → $18 | Reiterates | Buy → Buy | Get Alert |
03/05/2024 | Buy Now | 565.43% | Benchmark | Todd Brooks43% | $18 → $18 | Reiterates | Buy → Buy | Get Alert |
02/29/2024 | Buy Now | 565.43% | Benchmark | Todd Brooks43% | → $18 | Maintains | Buy | Get Alert |
10/03/2023 | Buy Now | 232.72% | Jefferies | Andy Barish59% | $12 → $9 | Maintains | Hold | Get Alert |
08/18/2023 | Buy Now | 713.31% | Benchmark | Todd Brooks43% | → $22 | Reiterates | Buy → Buy | Get Alert |
06/22/2023 | Buy Now | — | CL King | Andrew Wolf50% | — | Maintains | Neutral | Get Alert |
03/22/2023 | Buy Now | 565.43% | Benchmark | Todd Brooks43% | $14 → $18 | Maintains | Buy | Get Alert |
03/01/2023 | Buy Now | 417.56% | Benchmark | Todd Brooks43% | → $14 | Upgrade | Hold → Buy | Get Alert |
12/21/2022 | Buy Now | 177.26% | Jefferies | Andy Barish59% | $12.5 → $7.5 | Downgrade | Buy → Hold | Get Alert |
12/20/2022 | Buy Now | — | CL King | Andrew Wolf50% | — | Reinstates | → Neutral | Get Alert |
08/11/2022 | Buy Now | — | Benchmark | Todd Brooks43% | — | Downgrade | Buy → Hold | Get Alert |
04/18/2022 | Buy Now | — | Raymond James | Brian Vaccaro80% | — | Downgrade | Outperform → Market Perform | Get Alert |
The latest price target for Red Robin Gourmet Burgers (NASDAQ:RRGB) was reported by CL King on February 27, 2025. The analyst firm set a price target for $10.00 expecting RRGB to rise to within 12 months (a possible 269.69% upside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for Red Robin Gourmet Burgers (NASDAQ:RRGB) was provided by CL King, and Red Robin Gourmet Burgers upgraded their buy rating.
The last upgrade for Red Robin Gourmet Burgers Inc happened on February 27, 2025 when CL King raised their price target to $10. CL King previously had a neutral for Red Robin Gourmet Burgers Inc.
The last downgrade for Red Robin Gourmet Burgers Inc happened on December 21, 2022 when Jefferies changed their price target from $12.5 to $7.5 for Red Robin Gourmet Burgers Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Red Robin Gourmet Burgers, 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 Red Robin Gourmet Burgers was filed on February 27, 2025 so you should expect the next rating to be made available sometime around February 27, 2026.
While ratings are subjective and will change, the latest Red Robin Gourmet Burgers (RRGB) rating was a upgraded with a price target of $0.00 to $10.00. The current price Red Robin Gourmet Burgers (RRGB) is trading at is $2.71, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.