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.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
02/22/2024 | CAKE | Buy Now | Cheesecake Factory | $36.44 | 1.54% | Piper Sandler | Nicole Miller Regan | $33 → $37 | Maintains | Neutral | Get Alert |
02/22/2024 | CAKE | Buy Now | Cheesecake Factory | $36.44 | — | Oppenheimer | Brian Bittner | — | Maintains | Perform | Get Alert |
02/22/2024 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -9.44% | Barclays | Jeffrey Bernstein | $32 → $33 | Maintains | Underweight | Get Alert |
02/22/2024 | CAKE | Buy Now | Cheesecake Factory | $36.44 | 9.77% | Wedbush | Nick Setyan | → $40 | Reiterates | Outperform → Outperform | Get Alert |
01/23/2024 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -9.44% | JP Morgan | John Ivankoe | → $33 | Downgrade | Neutral → Underweight | Get Alert |
12/21/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | — | Wedbush | Nick Setyan | — | Upgrade | Neutral → Outperform | Get Alert |
11/22/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -6.7% | Wedbush | Nick Setyan | $32 → $34 | Maintains | Neutral | Get Alert |
11/20/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -12.18% | Wedbush | Nick Setyan | → $32 | Reiterates | Neutral → Neutral | Get Alert |
11/02/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -9.44% | Piper Sandler | Nicole Miller Regan | $36 → $33 | Maintains | Neutral | Get Alert |
11/02/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -28.65% | Barclays | Jeffrey Bernstein | $28 → $26 | Maintains | Underweight | Get Alert |
11/02/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -3.95% | Stephens & Co. | Joshua Long | $40 → $35 | Maintains | Overweight | Get Alert |
11/02/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -12.18% | Wedbush | Nick Setyan | → $32 | Reiterates | Neutral → Neutral | Get Alert |
10/23/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -23.16% | Barclays | Jeffrey Bernstein | $32 → $28 | Maintains | Underweight | Get Alert |
10/19/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -12.18% | Deutsche Bank | Lauren Silberman | → $32 | Initiates | → Hold | Get Alert |
10/18/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -9.44% | Citigroup | Jon Tower | $39 → $33 | Maintains | Neutral | Get Alert |
10/11/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -23.16% | Morgan Stanley | John Glass | $31 → $28 | Maintains | Underweight | Get Alert |
10/05/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -9.44% | B of A Securities | Katherine Griffin | → $33 | Reinstates | → Neutral | Get Alert |
08/04/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | -14.93% | Morgan Stanley | John Glass | $31 → $31 | Reiterates | Underweight → Underweight | Get Alert |
08/03/2023 | CAKE | Buy Now | Cheesecake Factory | $36.44 | 5.65% | Wedbush | Nick Setyan | $36 → $38.5 | Maintains | Neutral | Get Alert |
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.
The latest analyst rating for Cheesecake Factory (NASDAQ: CAKE) was provided by Piper Sandler, and Cheesecake Factory maintained their neutral rating.
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.
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.
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.
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.
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