Cheesecake Factory
(NASDAQ:CAKE)
$33.48
0[0.00%]
At close: Apr 17
$33.48
0[0.00%]
PreMarket: 4:00PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$60.00
Lowest Price Target1
$28.00
Consensus Price Target1
$33.91

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 20.47% upside for Cheesecake Factory Inc from these 3 analyst ratings.

Analyst Trend
1
Dec 23
1
Jan
1
1
1
Feb
2
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.6
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

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
04/12/2024CAKEBuy Now
Cheesecake Factory
$33.4831.42%Stephens & Co.
Jim Salera
→ $44Reinstates → OverweightGet Alert
04/10/2024CAKEBuy Now
Cheesecake Factory
$33.4819.47%Wedbush
Nick Setyan
→ $40ReiteratesOutperform → OutperformGet Alert
02/22/2024CAKEBuy Now
Cheesecake Factory
$33.4810.51%Piper Sandler
Nicole Miller Regan
$33 → $37MaintainsNeutralGet Alert
02/22/2024CAKEBuy Now
Cheesecake Factory
$33.48Oppenheimer
Brian Bittner
MaintainsPerformGet Alert
02/22/2024CAKEBuy Now
Cheesecake Factory
$33.48-1.43%Barclays
Jeffrey Bernstein
$32 → $33MaintainsUnderweightGet Alert
02/22/2024CAKEBuy Now
Cheesecake Factory
$33.4819.47%Wedbush
Nick Setyan
→ $40ReiteratesOutperform → OutperformGet Alert
01/23/2024CAKEBuy Now
Cheesecake Factory
$33.48-1.43%JP Morgan
John Ivankoe
→ $33DowngradeNeutral → UnderweightGet Alert
12/21/2023CAKEBuy Now
Cheesecake Factory
$33.48Wedbush
Nick Setyan
UpgradeNeutral → OutperformGet Alert
11/22/2023CAKEBuy Now
Cheesecake Factory
$33.481.55%Wedbush
Nick Setyan
$32 → $34MaintainsNeutralGet Alert
11/20/2023CAKEBuy Now
Cheesecake Factory
$33.48-4.42%Wedbush
Nick Setyan
→ $32ReiteratesNeutral → NeutralGet Alert
11/02/2023CAKEBuy Now
Cheesecake Factory
$33.48-1.43%Piper Sandler
Nicole Miller Regan
$36 → $33MaintainsNeutralGet Alert
11/02/2023CAKEBuy Now
Cheesecake Factory
$33.48-22.34%Barclays
Jeffrey Bernstein
$28 → $26MaintainsUnderweightGet Alert
11/02/2023CAKEBuy Now
Cheesecake Factory
$33.484.54%Stephens & Co.
Joshua Long
$40 → $35MaintainsOverweightGet Alert
11/02/2023CAKEBuy Now
Cheesecake Factory
$33.48-4.42%Wedbush
Nick Setyan
→ $32ReiteratesNeutral → NeutralGet Alert
10/23/2023CAKEBuy Now
Cheesecake Factory
$33.48-16.37%Barclays
Jeffrey Bernstein
$32 → $28MaintainsUnderweightGet Alert
10/19/2023CAKEBuy Now
Cheesecake Factory
$33.48-4.42%Deutsche Bank
Lauren Silberman
→ $32Initiates → HoldGet Alert
10/18/2023CAKEBuy Now
Cheesecake Factory
$33.48-1.43%Citigroup
Jon Tower
$39 → $33MaintainsNeutralGet Alert
10/11/2023CAKEBuy Now
Cheesecake Factory
$33.48-16.37%Morgan Stanley
John Glass
$31 → $28MaintainsUnderweightGet Alert
10/05/2023CAKEBuy Now
Cheesecake Factory
$33.48-1.43%B of A Securities
Katherine Griffin
→ $33Reinstates → NeutralGet 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 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 31.42% upside). 32 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 Stephens & Co., and Cheesecake Factory their overweight 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 April 12, 2024 so you should expect the next rating to be made available sometime around April 12, 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 with a price target of $0.00 to $44.00. The current price Cheesecake Factory (CAKE) is trading at is $33.48, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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