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NYSE: DRI
Darden Restaurants Inc Stock Forecast, Predictions & Price Target

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Analyst price target for DRI

Based on 23 analysts offering 12 month price targets for Darden Restaurants Inc.
Min Forecast
$128.00+1.33%
Avg Forecast
$143.26+13.41%
Max Forecast
$160.00+26.66%

Should I buy or sell DRI stock?

Based on 23 analysts offering ratings for Darden Restaurants Inc.
Strong Buy
Strong Buy
13 analysts 56.52%
Buy
7 analysts 30.43%
Hold
3 analysts 13.04%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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DRI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Deutsche Bank
Top 17%
84
HoldMaintains$129.00+2.12%2022-09-23
RBC Capital
Bottom 12%
12
BuyMaintains$144.00+14.00%2022-09-23
Stephens & Co.
Bottom 39%
39
Strong BuyInitiates Coverage On$140.00+10.83%2022-09-23
Wedbush
Bottom 10%
10
HoldMaintains$134.00+6.08%2022-09-23
Barclays
Bottom 10%
10
Strong BuyMaintains$137.00+8.45%2022-09-16Find out why
Citigroup
Top 23%
78
Strong BuyMaintains$156.00+23.50%2022-09-12Find out why
Bernstein
Bottom 40%
40
BuyInitiates Coverage On$153.00+21.12%2022-09-08
Bank of America
Top 25%
76
Strong BuyReinstates$145.00+14.79%2022-06-27
BMO Capital
Top 19%
82
HoldMaintains$130.00+2.91%2022-06-24
Truist Securities
Top 1%
100
Strong BuyMaintains$136.00+7.66%2022-06-24

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Forecast return on equity

Is DRI forecast to generate an efficient return?
Company
47.7%
Industry
-48.48%
Market
110.02%
DRI's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is DRI forecast to generate an efficient return on assets?
Company
10.35%
Industry
16.25%
DRI is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

DRI earnings per share forecast

What is DRI's earnings per share in the next 2 years based on estimates from 13 analysts?
Avg 1 year Forecast
$7.70+3.22%
Avg 2 year Forecast
$8.46+13.4%
DRI's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

DRI revenue forecast

What is DRI's revenue in the next 2 years based on estimates from 11 analysts?
Avg 1 year Forecast
$10.3B+6.81%
Avg 2 year Forecast
$10.9B+12.87%
DRI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

DRI earnings growth forecast

How is DRI forecast to perform vs Restaurants companies and vs the US market?
Company
6.49%
Industry
12.52%
Market
19.13%
DRI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
DRI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
DRI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

DRI revenue growth forecast

How is DRI forecast to perform vs Restaurants companies and vs the US market?
Company
6.24%
Industry
5.77%
Market
8.53%
DRI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
DRI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

DRI vs Restaurant Stocks

TickerPricePrice TargetUp/downsideConsensus
DRI$126.32$143.26+13.41%Strong Buy
QSR$53.18$63.65+19.68%Buy
YUMC$47.33$56.04+18.40%Buy
DPZ$310.20$417.00+34.43%Hold
ARMK$31.20$39.75+27.40%Buy

Darden Restaurants Stock Forecast FAQ

Is Darden Restaurants Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 23 Wall Street analysts covering (NYSE: DRI) stock is to Strong Buy DRI stock.

Out of 23 analysts, 13 (56.52%) are recommending DRI as a Strong Buy, 7 (30.43%) are recommending DRI as a Buy, 3 (13.04%) are recommending DRI as a Hold, 0 (0%) are recommending DRI as a Sell, and 0 (0%) are recommending DRI as a Strong Sell.

If you're new to stock investing, here's how to buy Darden Restaurants stock.

What is DRI's earnings growth forecast for 2023-2024?

(NYSE: DRI) Darden Restaurants's forecast annual earnings growth rate of 6.49% is not forecast to beat the US Restaurants industry's average forecast earnings growth rate of 12.52%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.13%.

Darden Restaurants's earnings in 2022 is $952,800,000.On average, 13 Wall Street analysts forecast DRI's earnings for 2023 to be $954,386,610, with the lowest DRI earnings forecast at $929,597,348, and the highest DRI earnings forecast at $991,570,504.

In 2024, DRI is forecast to generate $1,048,585,808 in earnings, with the lowest earnings forecast at $1,003,965,135 and the highest earnings forecast at $1,098,164,333.

What is DRI's revenue growth forecast for 2023-2024?

(NYSE: DRI) Darden Restaurants's forecast annual revenue growth rate of 6.24% is forecast to beat the US Restaurants industry's average forecast revenue growth rate of 5.77%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.53%.

Darden Restaurants's revenue in 2022 is $9,630,000,000.On average, 11 Wall Street analysts forecast DRI's revenue for 2023 to be $1,274,909,792,377, with the lowest DRI revenue forecast at $1,266,285,112,133, and the highest DRI revenue forecast at $1,282,732,787,868.

In 2024, DRI is forecast to generate $1,347,202,347,058 in revenue, with the lowest revenue forecast at $1,335,538,875,059 and the highest revenue forecast at $1,365,231,453,801.

What is DRI's forecast return on assets (ROA) for 2023-2024?

(NYSE: DRI) forecast ROA is 10.35%, which is lower than the forecast US Restaurants industry average of 16.25%.

What is DRI's Price Target?

According to 23 Wall Street analysts that have issued a 1 year DRI price target, the average DRI price target is $143.26, with the highest DRI stock price forecast at $160.00 and the lowest DRI stock price forecast at $128.00.

On average, Wall Street analysts predict that Darden Restaurants's share price could reach $143.26 by Sep 23, 2023. The average Darden Restaurants stock price prediction forecasts a potential upside of 13.41% from the current DRI share price of $126.32.

What is DRI's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: DRI) Darden Restaurants's current Earnings Per Share (EPS) is $7.46. On average, analysts forecast that DRI's EPS will be $7.70 for 2023, with the lowest EPS forecast at $7.50, and the highest EPS forecast at $8.00. In 2024, DRI's EPS is forecast to hit $8.46 (min: $8.10, max: $8.86).

What is DRI's forecast return on equity (ROE) for 2023-2024?

(NYSE: DRI) forecast ROE is 47.7%, which is considered strong.
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