$34.0535
-1.2465[-3.53%]
At close: Apr 25
$34.0535
0[0.00%]
After Hours: 4:59PM EDT
Cheesecake Factory
(NASDAQ:CAKE)Cheesecake Factory Stock (NASDAQ:CAKE), Analyst Ratings, Price Targets, Predictions
Cheesecake Factory Inc has a consensus price target of $33.91, established from looking at the 89 latest analyst ratings. The last 3 analyst ratings were released from Stephens & Co., Wedbush, and Piper Sandler on April 12, 2024, April 10, 2024, and February 22, 2024. With an average price target of $40.33 between Stephens & Co., Wedbush, and Piper Sandler, there's an implied 18.44% upside for Cheesecake Factory Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Stephens & Co.
Wedbush
Piper Sandler
Oppenheimer
Barclays
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/12/2024 | CAKE | Buy Now | Cheesecake Factory | $34.05 | 29.21% | Stephens & Co. | Jim Salera | → $44 | Reinstates | → Overweight | Get Alert |
| 04/10/2024 | CAKE | Buy Now | Cheesecake Factory | $34.05 | 17.46% | Wedbush | Nick Setyan | → $40 | Reiterates | Outperform → Outperform | Get Alert |
| 02/22/2024 | CAKE | Buy Now | Cheesecake Factory | $34.05 | 8.65% | Piper Sandler | Nicole Miller Regan | $33 → $37 | Maintains | Neutral | Get Alert |
| 02/22/2024 | CAKE | Buy Now | Cheesecake Factory | $34.05 | — | Oppenheimer | Brian Bittner | — | Maintains | Perform | Get Alert |
| 02/22/2024 | CAKE | Buy Now | Cheesecake Factory | $34.05 | -3.09% | Barclays | Jeffrey Bernstein | $32 → $33 | Maintains | Underweight | Get Alert |
| 02/22/2024 | CAKE | Buy Now | Cheesecake Factory | $34.05 | 17.46% | Wedbush | Nick Setyan | → $40 | Reiterates | Outperform → Outperform | Get Alert |
| 01/23/2024 | CAKE | Buy Now | Cheesecake Factory | $34.05 | -3.09% | JP Morgan | John Ivankoe | → $33 | Downgrade | Neutral → Underweight | Get Alert |
| 12/21/2023 | CAKE | Buy Now | Cheesecake Factory | $34.05 | — | Wedbush | Nick Setyan | — | Upgrade | Neutral → Outperform | Get Alert |
| 11/22/2023 | CAKE | Buy Now | Cheesecake Factory | $34.05 | -0.16% | Wedbush | Nick Setyan | $32 → $34 | Maintains | Neutral | Get Alert |
| 11/20/2023 | CAKE | Buy Now | Cheesecake Factory | $34.05 | -6.03% | Wedbush | Nick Setyan | → $32 | Reiterates | Neutral → Neutral | Get Alert |
| 11/02/2023 | CAKE | Buy Now | Cheesecake Factory | $34.05 | -3.09% | Piper Sandler | Nicole Miller Regan | $36 → $33 | Maintains | Neutral | Get Alert |
| 11/02/2023 | CAKE | Buy Now | Cheesecake Factory | $34.05 | -23.65% | Barclays | Jeffrey Bernstein | $28 → $26 | Maintains | Underweight | Get Alert |
| 11/02/2023 | CAKE | Buy Now | Cheesecake Factory | $34.05 | 2.78% | Stephens & Co. | Joshua Long | $40 → $35 | Maintains | Overweight | Get Alert |
| 11/02/2023 | CAKE | Buy Now | Cheesecake Factory | $34.05 | -6.03% | Wedbush | Nick Setyan | → $32 | Reiterates | Neutral → Neutral | Get Alert |
| 10/23/2023 | CAKE | Buy Now | Cheesecake Factory | $34.05 | -17.78% | Barclays | Jeffrey Bernstein | $32 → $28 | Maintains | Underweight | Get Alert |
| 10/19/2023 | CAKE | Buy Now | Cheesecake Factory | $34.05 | -6.03% | Deutsche Bank | Lauren Silberman | → $32 | Initiates | → Hold | Get Alert |
| 10/18/2023 | CAKE | Buy Now | Cheesecake Factory | $34.05 | -3.09% | Citigroup | Jon Tower | $39 → $33 | Maintains | Neutral | Get Alert |
| 10/11/2023 | CAKE | Buy Now | Cheesecake Factory | $34.05 | -17.78% | Morgan Stanley | John Glass | $31 → $28 | Maintains | Underweight | Get Alert |
| 10/05/2023 | CAKE | Buy Now | Cheesecake Factory | $34.05 | -3.09% | B of A Securities | Katherine Griffin | → $33 | Reinstates | → Neutral | Get Alert |
FAQ
What is the target price for Cheesecake Factory (CAKE)?
The latest price target for Cheesecake Factory (NASDAQ: CAKE) was reported by Stephens & Co. on April 12, 2024. The analyst firm set a price target for $44.00 expecting CAKE to rise to within 12 months (a possible 29.21% upside). 31 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Cheesecake Factory (CAKE)?
The latest analyst rating for Cheesecake Factory (NASDAQ: CAKE) was provided by Stephens & Co., and Cheesecake Factory their overweight rating.
When was the last upgrade for Cheesecake Factory (CAKE)?
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.
When was the last downgrade for Cheesecake Factory (CAKE)?
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.
When is the next analyst rating going to be posted or updated for Cheesecake Factory (CAKE)?
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 April 12, 2024 so you should expect the next rating to be made available sometime around April 12, 2025.
Is the Analyst Rating Cheesecake Factory (CAKE) correct?
While ratings are subjective and will change, the latest Cheesecake Factory (CAKE) rating was a with a price target of $0.00 to $44.00. The current price Cheesecake Factory (CAKE) is trading at is $34.05, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.