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

The latest price target for Cheesecake Factory (NASDAQ: CAKE) was reported by Cantor Fitzgerald on August 12, 2022. The analyst firm set a price target for $4.00 expecting CAKE to fall to within 12 months (a possible -88.12% downside). 100 analyst firms have reported ratings in the last year.

The latest analyst rating for Cheesecake Factory (NASDAQ: CAKE) was provided by Cantor Fitzgerald, and Cheesecake Factory initiated their overweight rating.

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 August 12, 2022 so you should expect the next rating to be made available sometime around August 12, 2023.

While ratings are subjective and will change, the latest Cheesecake Factory (CAKE) rating was a initiated with a price target of $0.00 to $4.00. The current price Cheesecake Factory (CAKE) is trading at is $33.67, which is out of the analyst’s predicted range.