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

Analyst price target for DRI

Based on 20 analysts offering 12 month price targets for Darden Restaurants Inc.
Min Forecast
$135.00-7.94%
Avg Forecast
$165.28+12.71%
Max Forecast
$180.00+22.75%

Should I buy or sell DRI stock?

Based on 21 analysts offering ratings for Darden Restaurants Inc.
Strong Buy
Strong Buy
10 analysts 47.62%
Buy
6 analysts 28.57%
Hold
5 analysts 23.81%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

DRI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
KeyBanc
Top 6%
95
Strong BuyMaintains$172.00+17.29%2021-12-06
RBC Capital
Top 28%
73
BuyMaintains$176.00+20.02%2021-09-24
Truist Securities
Top 1%
100
Strong BuyMaintains$180.00+22.75%2021-09-24
Stifel Nicolaus
Top 23%
78
HoldMaintains$165.00+12.52%2021-09-24
Credit Suisse
Top 6%
95
BuyMaintains$180.00+22.75%2021-09-24
Raymond James
Top 2%
99
BuyMaintains$172.50+17.64%2021-09-24
Morgan Stanley
Top 14%
87
Strong BuyMaintains$171.00+16.61%2021-09-24
Deutsche Bank
Top 24%
77
HoldMaintains$156.00+6.38%2021-09-24
Barclays
Bottom 7%
7
Strong BuyMaintains$175.00+19.34%2021-09-24
Wedbush
Top 19%
82
HoldMaintains$162.00+10.47%2021-09-24

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Forecast return on equity

Is DRI forecast to generate an efficient return?
Company
43.66%
Industry
19.47%
Market
37.06%
DRI's Return on Equity is forecast to be high in 3 years (43.66%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is DRI forecast to generate an efficient return on assets?
Company
11.4%
Industry
6.3%
DRI is forecast to generate higher Return on Assets (11.4%) than the US Restaurants industry average (6.3%)
Forecast

DRI earnings per share forecast

What is DRI's earnings per share in the next 3 years based on estimates from 13 analysts?
Avg 1 year Forecast
$7.41+17.06%
Avg 2 year Forecast
$8.28+30.81%
Avg 3 year Forecast
$9.26+46.29%
DRI's earnings are forecast to grow at a rate of 13.21% per year, which is not exceptional
Forecast

DRI revenue forecast

What is DRI's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$9.5B+19.58%
Avg 2 year Forecast
$10.1B+27.01%
Avg 3 year Forecast
$10.7B+34.56%
DRI's revenue is forecast to grow at a rate of 10.39% per year, which is not exceptional
Forecast

DRI earnings growth forecast

How is DRI forecast to perform vs Restaurants companies and vs the US market?
Company
13.21%
Industry
10.51%
Market
14.37%
DRI's earnings are forecast to grow faster (13.21% per year) than the US Restaurants industry average (10.51%)
Forecast
DRI's earnings are forecast to grow slower (13.21% per year) than the US market average (14.37%)
Forecast
DRI's earnings are forecast to grow faster (13.21% per year) than the risk-free savings rate (1.4%)
Forecast

DRI revenue growth forecast

How is DRI forecast to perform vs Restaurants companies and vs the US market?
Company
10.39%
Industry
9.63%
Market
10.03%
DRI's revenues are forecast to grow faster (10.39% per year) than the US Restaurants industry average (9.63%)
Forecast
DRI's revenues are forecast to grow faster (10.39% per year) than the US market average (10.03%)
Forecast

Darden Restaurants Stock Forecast FAQ

Is Darden Restaurants Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 21 Wall Street analysts covering (NYSE: DRI) stock is to Strong Buy DRI stock.

Out of 21 analysts, 10 (47.62%) are recommending DRI as a Strong Buy, 6 (28.57%) are recommending DRI as a Buy, 5 (23.81%) are recommending DRI as a Hold, 0 (0%) are recommending DRI as a Sell, and 0 (0%) are recommending DRI as a Strong Sell.

What is DRI's earnings growth forecast for 2022-2024?

(NYSE: DRI) Darden Restaurants's forecast annual earnings growth rate of 13.21% is forecast to beat the US Restaurants industry's average forecast earnings growth rate of 10.51%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Darden Restaurants's earnings in 2021 is $824,100,000.On average, 13 Wall Street analysts forecast DRI's earnings for 2022 to be $961,706,872, with the lowest DRI earnings forecast at $908,495,021, and the highest DRI earnings forecast at $1,018,812,274. On average, 10 Wall Street analysts forecast DRI's earnings for 2023 to be $1,074,619,825, with the lowest DRI earnings forecast at $1,012,323,023, and the highest DRI earnings forecast at $1,129,129,526.

In 2024, DRI is forecast to generate $1,201,809,128 in earnings, with the lowest earnings forecast at $1,201,809,128 and the highest earnings forecast at $1,201,809,128.

What is DRI's revenue growth forecast for 2022-2024?

(NYSE: DRI) Darden Restaurants's forecast annual revenue growth rate of 10.39% is forecast to beat the US Restaurants industry's average forecast revenue growth rate of 9.63%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Darden Restaurants's revenue in 2021 is $7,974,700,000.On average, 10 Wall Street analysts forecast DRI's revenue for 2022 to be $1,237,610,450,643, with the lowest DRI revenue forecast at $1,223,327,481,277, and the highest DRI revenue forecast at $1,257,041,731,507. On average, 9 Wall Street analysts forecast DRI's revenue for 2023 to be $1,314,533,113,426, with the lowest DRI revenue forecast at $1,295,487,942,945, and the highest DRI revenue forecast at $1,341,485,045,859.

In 2024, DRI is forecast to generate $1,392,683,931,692 in revenue, with the lowest revenue forecast at $1,371,541,954,703 and the highest revenue forecast at $1,413,825,908,681.

What is DRI's forecast return on assets (ROA) for 2022-2024?

(NYSE: DRI) forecast ROA is 11.4%, which is higher than the forecast US Restaurants industry average of 6.3%.

What is DRI's Price Target?

According to 20 Wall Street analysts that have issued a 1 year DRI price target, the average DRI price target is $165.28, with the highest DRI stock price forecast at $180.00 and the lowest DRI stock price forecast at $135.00.

On average, Wall Street analysts predict that Darden Restaurants's share price could stay at $165.28 by Dec 6, 2022. The average Darden Restaurants stock price prediction forecasts a potential downside of N/A from the current DRI share price of $146.64.

What is DRI's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: DRI) Darden Restaurants's current Earnings Per Share (EPS) is $6.33. On average, analysts forecast that DRI's EPS will be $7.41 for 2022, with the lowest EPS forecast at $7.00, and the highest EPS forecast at $7.85. On average, analysts forecast that DRI's EPS will be $8.28 for 2023, with the lowest EPS forecast at $7.80, and the highest EPS forecast at $8.70. In 2024, DRI's EPS is forecast to hit $9.26 (min: $9.26, max: $9.26).

What is DRI's forecast return on equity (ROE) for 2022-2024?

(NYSE: DRI) forecast ROE is 43.66%, which is considered strong.
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