Cheesecake Factory
(NASDAQ:CAKE)
$36.44
0.07[0.19%]
Last update: 10:01AM Get Real Time Here
Consensus Rating1
Neutral
Highest Price Target1
$37.00
Lowest Price Target1
$37.00
Consensus Price Target1
$33.45

Cheesecake Factory Stock (NASDAQ:CAKE), Analyst Ratings, Price Targets, Predictions

Cheesecake Factory Inc has a consensus price target of $33.45, established from looking at the 88 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, Oppenheimer, and Barclays on February 22, 2024. With an average price target of $23.33 between Piper Sandler, Oppenheimer, and Barclays, there's an implied -35.97% downside for Cheesecake Factory Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Oct 23
2
2
Nov 23
1
4
1
Dec 23
1
Jan
1
Feb
1
1
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Oppenheimer
Barclays
Wedbush
JP Morgan

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Cheesecake Factory

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
02/22/2024CAKEBuy Now
Cheesecake Factory
$36.441.54%Piper Sandler
Nicole Miller Regan
$33 → $37MaintainsNeutralGet Alert
02/22/2024CAKEBuy Now
Cheesecake Factory
$36.44Oppenheimer
Brian Bittner
MaintainsPerformGet Alert
02/22/2024CAKEBuy Now
Cheesecake Factory
$36.44-9.44%Barclays
Jeffrey Bernstein
$32 → $33MaintainsUnderweightGet Alert
02/22/2024CAKEBuy Now
Cheesecake Factory
$36.449.77%Wedbush
Nick Setyan
→ $40ReiteratesOutperform → OutperformGet Alert
01/23/2024CAKEBuy Now
Cheesecake Factory
$36.44-9.44%JP Morgan
John Ivankoe
→ $33DowngradeNeutral → UnderweightGet Alert
12/21/2023CAKEBuy Now
Cheesecake Factory
$36.44Wedbush
Nick Setyan
UpgradeNeutral → OutperformGet Alert
11/22/2023CAKEBuy Now
Cheesecake Factory
$36.44-6.7%Wedbush
Nick Setyan
$32 → $34MaintainsNeutralGet Alert
11/20/2023CAKEBuy Now
Cheesecake Factory
$36.44-12.18%Wedbush
Nick Setyan
→ $32ReiteratesNeutral → NeutralGet Alert
11/02/2023CAKEBuy Now
Cheesecake Factory
$36.44-9.44%Piper Sandler
Nicole Miller Regan
$36 → $33MaintainsNeutralGet Alert
11/02/2023CAKEBuy Now
Cheesecake Factory
$36.44-28.65%Barclays
Jeffrey Bernstein
$28 → $26MaintainsUnderweightGet Alert
11/02/2023CAKEBuy Now
Cheesecake Factory
$36.44-3.95%Stephens & Co.
Joshua Long
$40 → $35MaintainsOverweightGet Alert
11/02/2023CAKEBuy Now
Cheesecake Factory
$36.44-12.18%Wedbush
Nick Setyan
→ $32ReiteratesNeutral → NeutralGet Alert
10/23/2023CAKEBuy Now
Cheesecake Factory
$36.44-23.16%Barclays
Jeffrey Bernstein
$32 → $28MaintainsUnderweightGet Alert
10/19/2023CAKEBuy Now
Cheesecake Factory
$36.44-12.18%Deutsche Bank
Lauren Silberman
→ $32Initiates → HoldGet Alert
10/18/2023CAKEBuy Now
Cheesecake Factory
$36.44-9.44%Citigroup
Jon Tower
$39 → $33MaintainsNeutralGet Alert
10/11/2023CAKEBuy Now
Cheesecake Factory
$36.44-23.16%Morgan Stanley
John Glass
$31 → $28MaintainsUnderweightGet Alert
10/05/2023CAKEBuy Now
Cheesecake Factory
$36.44-9.44%B of A Securities
Katherine Griffin
→ $33Reinstates → NeutralGet Alert
08/04/2023CAKEBuy Now
Cheesecake Factory
$36.44-14.93%Morgan Stanley
John Glass
$31 → $31ReiteratesUnderweight → UnderweightGet Alert
08/03/2023CAKEBuy Now
Cheesecake Factory
$36.445.65%Wedbush
Nick Setyan
$36 → $38.5MaintainsNeutralGet Alert

FAQ

Q

What is the target price for Cheesecake Factory (CAKE)?

A

The latest price target for Cheesecake Factory (NASDAQ: CAKE) was reported by Piper Sandler on February 22, 2024. The analyst firm set a price target for $37.00 expecting CAKE to rise to within 12 months (a possible 1.54% upside). 30 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cheesecake Factory (CAKE)?

A

The latest analyst rating for Cheesecake Factory (NASDAQ: CAKE) was provided by Piper Sandler, and Cheesecake Factory maintained their neutral rating.

Q

When was the last upgrade for Cheesecake Factory (CAKE)?

A

The last upgrade for Cheesecake Factory Inc happened on December 21, 2023 when Wedbush raised their price target to N/A. Wedbush previously had a neutral for Cheesecake Factory Inc.

Q

When was the last downgrade for Cheesecake Factory (CAKE)?

A

The last downgrade for Cheesecake Factory Inc happened on January 23, 2024 when JP Morgan changed their price target from N/A to $33 for Cheesecake Factory Inc.

Q

When is the next analyst rating going to be posted or updated for Cheesecake Factory (CAKE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cheesecake Factory, 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 Cheesecake Factory was filed on February 22, 2024 so you should expect the next rating to be made available sometime around February 22, 2025.

Q

Is the Analyst Rating Cheesecake Factory (CAKE) correct?

A

While ratings are subjective and will change, the latest Cheesecake Factory (CAKE) rating was a maintained with a price target of $33.00 to $37.00. The current price Cheesecake Factory (CAKE) is trading at is $36.44, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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