The latest price target for Cheesecake Factory (NASDAQ:CAKE) was reported by Wedbush on November 14, 2024. The analyst firm set a price target for $59.00 expecting CAKE to rise to within 12 months (a possible 25.56% upside). 42 analyst firms have reported ratings in the last year.

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

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.

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.

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 November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.

While ratings are subjective and will change, the latest Cheesecake Factory (CAKE) rating was a maintained with a price target of $52.00 to $59.00. The current price Cheesecake Factory (CAKE) is trading at is $46.99, which is out of the analyst’s predicted range.