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Bloomin Brands

BLMNNASDAQ
Logo brought to you by Benzinga Data
$19.93
0.442.26%
At Close: -
$19.97
0.040.20%
After Hours: 7:04 PM EDT
15 minutes delayed
Q2 2024 Earnings in 10 days from now on Tue Aug 6th, before the market open
Consensus Rating1
Neutral
Highest Price Target1
$34.00
Lowest Price Target1
$22.00
Consensus Price Target1
$28.17

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Bloomin Brands (NASDAQ:BLMN) Stock, Analyst Ratings, Price Targets, Forecasts

Bloomin Brands Inc has a consensus price target of $28.17 based on the ratings of 19 analysts. The high is $34 issued by Deutsche Bank on August 2, 2021. The low is $22 issued by Morgan Stanley on July 16, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, JP Morgan, and Barclays on July 16, 2024, May 28, 2024, and May 8, 2024, respectively. With an average price target of $25.33 between Morgan Stanley, JP Morgan, and Barclays, there's an implied 26.86% upside for Bloomin Brands Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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2
Feb
1
3
May
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.1
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
JP Morgan
Barclays
BMO Capital
UBS

1calculated from analyst ratings

Analyst Ratings for Bloomin Brands

Buy NowGet Alert
07/16/2024Buy Now10.17%Morgan Stanley
John Glass
$26 → $22MaintainsEqual-WeightGet Alert
05/28/2024Buy Now20.18%JP Morgan
John Ivankoe
$26 → $24MaintainsNeutralGet Alert
05/08/2024Buy Now50.23%Barclays
Jeffrey Bernstein
$32 → $30MaintainsOverweightGet Alert
05/08/2024Buy Now35.2%BMO Capital
Andrew Strelzik
$29 → $27MaintainsMarket PerformGet Alert
05/08/2024Buy Now30.2%UBS
Dennis Geiger
$30 → $26MaintainsNeutralGet Alert
02/26/2024Buy Now45.22%BMO Capital
Andrew Strelzik
$27 → $29MaintainsMarket PerformGet Alert
02/26/2024Buy Now60.24%Barclays
Jeffrey Bernstein
$31 → $32MaintainsOverweightGet Alert
02/15/2024Buy Now45.22%Citigroup
Jon Tower
$25 → $29MaintainsNeutralGet Alert
01/23/2024Buy Now30.2%JP Morgan
John Ivankoe
→ $26DowngradeOverweight → NeutralGet Alert
01/03/2024Buy Now50.23%Raymond James
Brian Vaccaro
$28 → $30MaintainsOutperformGet Alert
01/03/2024Buy Now55.23%Barclays
Jeffrey Bernstein
$27 → $31MaintainsOverweightGet Alert
11/07/2023Buy Now20.18%BMO Capital
Andrew Strelzik
$25 → $24MaintainsMarket PerformGet Alert
11/06/2023Buy Now30.2%Piper Sandler
Brian Mullan
$30 → $26MaintainsNeutralGet Alert
11/06/2023Buy Now35.2%Barclays
Jeffrey Bernstein
$28 → $27MaintainsOverweightGet Alert
11/06/2023Buy Now40.21%Raymond James
Brian Vaccaro
$29 → $28DowngradeStrong Buy → OutperformGet Alert
11/02/2023Buy Now30.2%UBS
Dennis Geiger
$28 → $26MaintainsNeutralGet Alert
10/25/2023Buy Now30.2%Citigroup
Jon Tower
$29 → $26MaintainsNeutralGet Alert
10/23/2023Buy Now40.21%Barclays
Jeffrey Bernstein
$31 → $28MaintainsOverweightGet Alert
10/19/2023Buy Now25.19%Deutsche Bank
Lauren Silberman
→ $25Initiates → HoldGet Alert
10/18/2023Buy Now45.22%Raymond James
Brian Vaccaro
$33 → $29MaintainsStrong BuyGet Alert
10/11/2023Buy Now30.2%Morgan Stanley
John Glass
$27 → $26MaintainsEqual-WeightGet Alert
08/02/2023Buy Now35.2%Morgan Stanley
John Glass
$27 → $27ReiteratesEqual-Weight → Equal-WeightGet Alert
08/02/2023Buy Now35.2%BMO Capital
Andrew Strelzik
$28 → $27MaintainsMarket PerformGet Alert
08/02/2023Buy NowWilliam Blair
Sharon Zackfia
DowngradeOutperform → Market PerformGet Alert
07/24/2023Buy Now50.23%Citigroup
Jon Tower
$28 → $30MaintainsNeutralGet Alert
07/18/2023Buy Now40.21%Piper Sandler
Brian Mullan
→ $28Initiates → NeutralGet Alert
07/17/2023Buy Now35.2%Morgan Stanley
John Glass
$27 → $27ReiteratesEqual-Weight → Equal-WeightGet Alert
05/01/2023Buy Now60.24%Credit Suisse
Lauren Silberman
$31 → $32MaintainsOutperformGet Alert
02/21/2023Buy Now35.2%Morgan Stanley
John Glass
$25 → $27MaintainsEqual-WeightGet Alert
02/17/2023Buy Now45.22%Citigroup
Jon Tower
$25 → $29MaintainsNeutralGet Alert
02/17/2023Buy Now55.23%Barclays
Jeffrey Bernstein
$24 → $31MaintainsOverweightGet Alert
02/17/2023Buy Now55.23%Credit Suisse
Lauren Silberman
$27 → $31MaintainsOutperformGet Alert
02/17/2023Buy Now65.25%Raymond James
Brian Vaccaro
$30 → $33MaintainsStrong BuyGet Alert
01/25/2023Buy Now35.2%B of A Securities
Justin Post
→ $27Initiates → NeutralGet Alert
01/25/2023Buy Now30.2%BMO Capital
Andrew Strelzik
$29 → $26DowngradeOutperform → Market PerformGet Alert
01/24/2023Buy Now50.23%Raymond James
Brian Vaccaro
$27.5 → $30MaintainsStrong BuyGet Alert
01/18/2023Buy Now25.19%Morgan Stanley
John Glass
$23 → $25MaintainsEqual-WeightGet Alert
01/05/2023Buy Now20.18%Barclays
Jeffrey Bernstein
$28 → $24MaintainsOverweightGet Alert
10/31/2022Buy Now15.17%Morgan Stanley
John Glass
$21 → $23MaintainsEqual-WeightGet Alert
10/31/2022Buy Now40.21%Barclays
Jeffrey Bernstein
$26 → $28MaintainsOverweightGet Alert
10/21/2022Buy Now15.17%UBS
Dennis Geiger
→ $23Initiates → NeutralGet Alert
10/11/2022Buy Now5.16%Morgan Stanley
John Glass
$22 → $21MaintainsEqual-WeightGet Alert
08/01/2022Buy Now10.17%Morgan Stanley
John Glass
$21 → $22MaintainsEqual-WeightGet Alert
07/19/2022Buy Now37.71%Raymond James
Brian Vaccaro
$30 → $27.5MaintainsStrong BuyGet Alert
07/18/2022Buy Now5.16%Morgan Stanley
John Glass
$26 → $21MaintainsEqual-WeightGet Alert
06/16/2022Buy Now-4.86%Citigroup
Jon Tower
$24 → $19MaintainsNeutralGet Alert
06/09/2022Buy Now30.2%Barclays
Jeffrey Bernstein
$29 → $26MaintainsOverweightGet Alert
06/03/2022Buy Now50.23%MKM Partners
Brett Levy
$32 → $30MaintainsBuyGet Alert
05/02/2022Buy Now30.2%Morgan Stanley
John Glass
$25 → $26MaintainsEqual-WeightGet Alert
04/14/2022Buy Now25.19%Morgan Stanley
John Glass
$27 → $25MaintainsEqual-WeightGet Alert
04/12/2022Buy Now20.18%Citigroup
Jon Tower
→ $24Initiates → NeutralGet Alert
02/22/2022Buy Now35.2%Morgan Stanley
John Glass
$25 → $27MaintainsEqual-WeightGet Alert
02/22/2022Buy Now50.23%Deutsche Bank
Brian Mullan
$34 → $30MaintainsBuyGet Alert
02/22/2022Buy Now65.25%BMO Capital
Andrew Strelzik
$30 → $33MaintainsOutperformGet Alert
02/22/2022Buy Now50.23%Raymond James
Brian Vaccaro
$28 → $30MaintainsStrong BuyGet Alert
01/26/2022Buy Now40.21%Raymond James
Brian Vaccaro
$30 → $28MaintainsStrong BuyGet Alert
01/14/2022Buy Now25.19%Morgan Stanley
John Glass
$28 → $25MaintainsEqual-WeightGet Alert
12/15/2021Buy Now30.2%BarclaysMaintainsOverweightGet Alert
11/03/2021Buy Now40.21%Morgan StanleyMaintainsEqual-WeightGet Alert
11/03/2021Buy Now50.23%Barclays
Jeffrey Bernstein
MaintainsOverweightGet Alert
11/03/2021Buy Now50.23%Raymond James
Brian Vaccaro
MaintainsStrong BuyGet Alert
10/18/2021Buy Now85.28%BarclaysMaintainsOverweightGet Alert
10/13/2021Buy Now55.23%Morgan Stanley
John Glass
MaintainsEqual-WeightGet Alert
08/03/2021Buy Now40.21%Goldman Sachs
Jared Garber
UpgradeSell → NeutralGet Alert
08/03/2021Buy Now65.25%Credit SuisseUpgradeNeutral → OutperformGet Alert
08/02/2021Buy Now70.26%Deutsche Bank
Brian Mullen
UpgradeHold → BuyGet Alert

FAQ

Q

What is the target price for Bloomin Brands (BLMN) stock?

A

The latest price target for Bloomin Brands (NASDAQ:BLMN) was reported by Morgan Stanley on July 16, 2024. The analyst firm set a price target for $22.00 expecting BLMN to rise to within 12 months (a possible 10.17% upside). 24 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Bloomin Brands (BLMN)?

A

The latest analyst rating for Bloomin Brands (NASDAQ:BLMN) was provided by Morgan Stanley, and Bloomin Brands maintained their equal-weight rating.

Q

When was the last upgrade for Bloomin Brands (BLMN)?

A

The last upgrade for Bloomin Brands Inc happened on August 3, 2021 when Goldman Sachs raised their price target to $28. Goldman Sachs previously had a sell for Bloomin Brands Inc.

Q

When was the last downgrade for Bloomin Brands (BLMN)?

A

The last downgrade for Bloomin Brands Inc happened on January 23, 2024 when JP Morgan changed their price target from N/A to $26 for Bloomin Brands Inc.

Q

When is the next analyst rating going to be posted or updated for Bloomin Brands (BLMN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bloomin Brands, 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 Bloomin Brands was filed on July 16, 2024 so you should expect the next rating to be made available sometime around July 16, 2025.

Q

Is the Analyst Rating Bloomin Brands (BLMN) correct?

A

While ratings are subjective and will change, the latest Bloomin Brands (BLMN) rating was a maintained with a price target of $26.00 to $22.00. The current price Bloomin Brands (BLMN) is trading at is $19.97, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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