WallStreetZenWallStreetZen

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

Analyst price target for DRI

Based on 26 analysts offering 12 month price targets for Darden Restaurants Inc.
Min Forecast
$128.00-13.73%
Avg Forecast
$150.46+1.41%
Max Forecast
$168.00+13.23%

Should I buy or sell DRI stock?

Based on 26 analysts offering ratings for Darden Restaurants Inc.
Strong Buy
Strong Buy
14 analysts 53.85%
Buy
7 analysts 26.92%
Hold
5 analysts 19.23%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their DRI stock forecasts and price targets.

DRI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 1%
100
HoldInitiates Coverage On$155.00+4.47%2023-01-24
JP Morgan
Top 10%
91
Strong BuyMaintains$154.00+3.79%2023-01-18Find out why
Morgan Stanley
Bottom 2%
2
Strong BuyMaintains$168.00+13.23%2023-01-18
Barclays
Top 10%
91
Strong BuyMaintains$168.00+13.23%2023-01-05Find out why
Stephens & Co.
Top 12%
89
Strong BuyMaintains$150.00+1.10%2022-12-20Find out why
Evercore ISI Group
Top 12%
89
HoldMaintains$153.00+3.12%2022-12-19
Credit Suisse
Top 4%
97
BuyMaintains$157.00+5.82%2022-12-19
Wedbush
Top 26%
75
BuyUpgrades$160.00+7.84%2022-12-14
RBC Capital
Bottom 21%
21
BuyMaintains$155.00+4.47%2022-12-12
KeyBanc
Top 4%
97
Strong BuyMaintains$160.00+7.84%2022-12-09Find out why

1 of 3

Forecast return on equity

Is DRI forecast to generate an efficient return?
Company
50.95%
Industry
-49.23%
Market
49.33%
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
10.27%
Industry
16.34%
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+5.62%
Avg 2 year Forecast
$8.46+16.05%
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+3.02%
Avg 2 year Forecast
$10.9B+8.86%
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
5.62%
Industry
28.74%
Market
85.43%
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
3.02%
Industry
8.8%
Market
71.53%
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$148.37$150.46+1.41%Strong Buy
QSR$66.99$66.44-0.82%Buy
DPZ$355.17$392.04+10.38%Buy
ARMK$44.32$41.50-6.36%Hold
YUMC$62.22$56.04-9.93%Buy

Darden Restaurants Stock Forecast FAQ

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

The consensus among 26 Wall Street analysts covering (NYSE: DRI) stock is to Strong Buy DRI stock.

Out of 26 analysts, 14 (53.85%) are recommending DRI as a Strong Buy, 7 (26.92%) are recommending DRI as a Buy, 5 (19.23%) 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 5.62% is not forecast to beat the US Restaurants industry's average forecast earnings growth rate of 28.74%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 85.43%.

Darden Restaurants's earnings in 2023 is $908,900,000.On average, 13 Wall Street analysts forecast DRI's earnings for 2023 to be $937,130,779, with the lowest DRI earnings forecast at $912,789,720, and the highest DRI earnings forecast at $973,642,368.

In 2024, DRI is forecast to generate $1,029,626,804 in earnings, with the lowest earnings forecast at $985,812,898 and the highest earnings forecast at $1,078,308,923.

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

(NYSE: DRI) Darden Restaurants's forecast annual revenue growth rate of 3.02% is not forecast to beat the US Restaurants industry's average forecast revenue growth rate of 8.8%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 71.53%.

Darden Restaurants's revenue in 2023 is $9,984,400,000.On average, 11 Wall Street analysts forecast DRI's revenue for 2023 to be $1,251,858,727,371, with the lowest DRI revenue forecast at $1,243,389,986,054, and the highest DRI revenue forecast at $1,259,540,278,834.

In 2024, DRI is forecast to generate $1,322,844,193,200 in revenue, with the lowest revenue forecast at $1,311,391,603,141 and the highest revenue forecast at $1,340,547,323,851.

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

(NYSE: DRI) forecast ROA is 10.27%, which is lower than the forecast US Restaurants industry average of 16.34%.

What is DRI's Price Target?

According to 26 Wall Street analysts that have issued a 1 year DRI price target, the average DRI price target is $150.46, with the highest DRI stock price forecast at $168.00 and the lowest DRI stock price forecast at $128.00.

On average, Wall Street analysts predict that Darden Restaurants's share price could reach $150.46 by Jan 24, 2024. The average Darden Restaurants stock price prediction forecasts a potential upside of 1.41% from the current DRI share price of $148.37.

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

(NYSE: DRI) Darden Restaurants's current Earnings Per Share (EPS) is $7.29. 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 50.95%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.