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

Analyst price target for DRI

Based on 14 analysts offering 12 month price targets for Darden Restaurants Inc.
Min Forecast
$155.00-2.49%
Avg Forecast
$170.79+7.45%
Max Forecast
$190.00+19.53%

Should I buy or sell DRI stock?

Based on 14 analysts offering ratings for Darden Restaurants Inc.
Strong Buy
Strong Buy
7 analysts 50%
Buy
5 analysts 35.71%
Hold
2 analysts 14.29%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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DRI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-10-23
lockedlocked$00.00+00.00%2023-10-19
lockedlocked$00.00+00.00%2023-10-18
lockedlocked$00.00+00.00%2023-09-25
lockedlocked$00.00+00.00%2023-09-22Find Out Why
Citigroup
Top 8%
93
Strong BuyMaintains$185.00+16.39%2023-09-22Find out why
BMO Capital
Top 15%
86
HoldMaintains$155.00-2.49%2023-09-22
Piper Sandler
Top 5%
96
HoldMaintains$161.00+1.29%2023-09-22
Wedbush
Top 16%
85
BuyMaintains$165.00+3.81%2023-09-22
TD Cowen
Top 10%
91
BuyReiterates$175.00+10.10%2023-09-22

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Forecast return on equity

Is DRI forecast to generate an efficient return?
Company
N/A
Industry
-89.97%
Market
30.34%

Forecast return on assets

Is DRI forecast to generate an efficient return on assets?
Company
N/A
Industry
8.39%

DRI revenue forecast

What is DRI's revenue in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$11.6B+7.49%
Avg 2 year Forecast
$12.2B+13.32%
Avg 3 year Forecast
$12.9B+19.42%
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
4.26%
Industry
10.94%
Market
17.9%
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
6.07%
Industry
6.71%
Market
7.68%
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$158.95$170.79+7.45%Strong Buy
YUMC$39.91$79.20+98.45%Strong Buy
QSR$71.91$79.82+11.01%Buy
DPZ$394.90$419.45+6.22%Buy
TXRH$113.52$118.36+4.27%Buy

Darden Restaurants Stock Forecast FAQ

Is Darden Restaurants Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: DRI) stock is to Strong Buy DRI stock.

Out of 14 analysts, 7 (50%) are recommending DRI as a Strong Buy, 5 (35.71%) are recommending DRI as a Buy, 2 (14.29%) 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 revenue growth forecast for 2024-2026?

(NYSE: DRI) Darden Restaurants's forecast annual revenue growth rate of 6.07% is not forecast to beat the US Restaurants industry's average forecast revenue growth rate of 6.71%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.68%.

Darden Restaurants's revenue in 2023 is $10,772,300,000.On average, 12 Wall Street analysts forecast DRI's revenue for 2024 to be $1,393,107,152,820, with the lowest DRI revenue forecast at $1,383,628,640,676, and the highest DRI revenue forecast at $1,398,309,440,004. On average, 12 Wall Street analysts forecast DRI's revenue for 2025 to be $1,468,752,371,636, with the lowest DRI revenue forecast at $1,443,148,321,282, and the highest DRI revenue forecast at $1,492,519,457,196.

In 2026, DRI is forecast to generate $1,547,765,078,505 in revenue, with the lowest revenue forecast at $1,540,688,168,028 and the highest revenue forecast at $1,565,952,209,048.

What is DRI's forecast return on assets (ROA) for 2024-2026?

(NYSE: DRI) forecast ROA is N/A, which is lower than the forecast US Restaurants industry average of 8.39%.

What is DRI's Price Target?

According to 14 Wall Street analysts that have issued a 1 year DRI price target, the average DRI price target is $170.79, with the highest DRI stock price forecast at $190.00 and the lowest DRI stock price forecast at $155.00.

On average, Wall Street analysts predict that Darden Restaurants's share price could reach $170.79 by Oct 23, 2024. The average Darden Restaurants stock price prediction forecasts a potential upside of 7.45% from the current DRI share price of $158.95.

What is DRI's forecast return on equity (ROE) for 2024-2026?

(NYSE: DRI) forecast ROE is N/A, which is considered weak.
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