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Texas Roadhouse Inc has a consensus price target of $182.77 based on the ratings of 29 analysts. The high is $234 issued by B of A Securities on October 22, 2024. The low is $110 issued by Morgan Stanley on October 27, 2023. The 3 most-recent analyst ratings were released by Wedbush, Goldman Sachs, and Loop Capital on December 19, 2024, December 5, 2024, and October 28, 2024, respectively. With an average price target of $207.33 between Wedbush, Goldman Sachs, and Loop Capital, there's an implied 13.30% upside for Texas Roadhouse Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Texas Roadhouse (NASDAQ:TXRH) was reported by Wedbush on December 19, 2024. The analyst firm set a price target for $200.00 expecting TXRH to rise to within 12 months (a possible 9.29% upside). 66 analyst firms have reported ratings in the last year.
The latest analyst rating for Texas Roadhouse (NASDAQ:TXRH) was provided by Wedbush, and Texas Roadhouse reiterated their outperform rating.
The last upgrade for Texas Roadhouse Inc happened on March 13, 2024 when Baird raised their price target to $175. Baird previously had a neutral for Texas Roadhouse Inc.
The last downgrade for Texas Roadhouse Inc happened on February 20, 2024 when Northcoast Research changed their price target from N/A to N/A for Texas Roadhouse Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Texas Roadhouse, 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 Texas Roadhouse was filed on December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest Texas Roadhouse (TXRH) rating was a reiterated with a price target of $200.00 to $200.00. The current price Texas Roadhouse (TXRH) is trading at is $183.00, which is out of the analyst’s predicted range.
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