BJ’s Restaurants (NASDAQ:BJRI) Price Target Raised to $68.00

BJ’s Restaurants (NASDAQ:BJRI) had its price objective upped by Benchmark from $50.00 to $68.00 in a research note issued to investors on Friday,Benzinga reports. Benchmark currently has a buy rating on the restaurant operator’s stock.

Several other analysts also recently weighed in on BJRI. Weiss Ratings downgraded BJ’s Restaurants from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Piper Sandler lifted their price target on BJ’s Restaurants from $40.00 to $43.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Citigroup cut their price target on BJ’s Restaurants from $49.00 to $47.00 and set a “neutral” rating for the company in a report on Thursday, April 16th. Mizuho reduced their price objective on BJ’s Restaurants from $44.00 to $40.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. Finally, Barclays lowered their price objective on shares of BJ’s Restaurants from $42.00 to $38.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 6th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $44.25.

BJ’s Restaurants Price Performance

BJ’s Restaurants stock opened at $67.49 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.31 and a quick ratio of 0.25. BJ’s Restaurants has a fifty-two week low of $28.46 and a fifty-two week high of $68.02. The firm has a fifty day moving average price of $51.54 and a two-hundred day moving average price of $43.73. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 34.09, a P/E/G ratio of 2.16 and a beta of 1.31.

BJ’s Restaurants (NASDAQ:BJRI) last issued its quarterly earnings results on Tuesday, May 5th. The restaurant operator reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.04). The business had revenue of $358.12 million during the quarter, compared to analyst estimates of $356.97 million. BJ’s Restaurants had a net margin of 3.15% and a return on equity of 13.48%. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.59 earnings per share. As a group, analysts forecast that BJ’s Restaurants will post 2.23 earnings per share for the current year.

Insider Buying and Selling at BJ’s Restaurants

In other BJ’s Restaurants news, Director Noah A. Elbogen sold 4,652 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $54.00, for a total value of $251,208.00. Following the completion of the sale, the director owned 76,235 shares in the company, valued at approximately $4,116,690. This trade represents a 5.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kendra D. Miller sold 19,261 shares of BJ’s Restaurants stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $55.60, for a total value of $1,070,911.60. Following the sale, the executive vice president directly owned 28,599 shares in the company, valued at $1,590,104.40. The trade was a 40.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 63,817 shares of company stock valued at $3,384,688 over the last quarter. Company insiders own 2.40% of the company’s stock.

Institutional Trading of BJ’s Restaurants

A number of institutional investors and hedge funds have recently modified their holdings of the company. CWM LLC lifted its position in BJ’s Restaurants by 187.7% in the fourth quarter. CWM LLC now owns 699 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 456 shares during the period. Quarry LP increased its holdings in BJ’s Restaurants by 1,618.3% in the 3rd quarter. Quarry LP now owns 1,031 shares of the restaurant operator’s stock valued at $31,000 after buying an additional 971 shares during the period. GAMMA Investing LLC increased its holdings in BJ’s Restaurants by 39.3% in the 4th quarter. GAMMA Investing LLC now owns 939 shares of the restaurant operator’s stock valued at $37,000 after buying an additional 265 shares during the period. Kemnay Advisory Services Inc. bought a new stake in BJ’s Restaurants in the 4th quarter valued at $63,000. Finally, US Bancorp DE raised its stake in shares of BJ’s Restaurants by 14.5% in the 3rd quarter. US Bancorp DE now owns 3,305 shares of the restaurant operator’s stock valued at $101,000 after buying an additional 418 shares in the last quarter. 99.95% of the stock is currently owned by institutional investors.

Key BJ’s Restaurants News

Here are the key news stories impacting BJ’s Restaurants this week:

• Positive Sentiment: William Blair upgraded BJ’s Restaurants to outperform from market perform, signaling improved expectations for the company. Article: William Blair Upgrades BJ’s Restaurants (BJRI) to Outperform
• Positive Sentiment: Benchmark lifted its price target on BJRI to $68 from $50 and maintained a buy rating, suggesting limited near-term upside but validating the stock’s recent strength. Article: Benchmark Raises Price Target on BJ’s Restaurants (BJRI)
• Neutral Sentiment: BJ’s Restaurants announced it will report second-quarter 2026 earnings on July 30 after the market close and host a conference call the same day, which keeps investors focused on upcoming results. Article: BJ’s Restaurants Announces Date for Second Quarter 2026 Earnings Release and Conference Call
• Neutral Sentiment: A Seeking Alpha article discussed BJ’s Restaurants remaining attractive even after its recent run-up, reflecting ongoing market interest in the stock’s valuation and momentum. Article: BJ’s Restaurants Remains Tasty Even After Heating Up

BJ’s Restaurants Company Profile

BJ’s Restaurants, Inc is a publicly traded casual dining chain known for its deep‐dish pizzas, California‐style thin crust offerings and in‐house craft beer selections. Operating under the BJ’s Restaurant & Brewhouse brand, the company combines a microbrewery concept with full‐service dining, offering an extensive menu that includes appetizers, salads, pasta dishes, sandwiches and the signature Pizookie dessert.

Founded in 1978 in Orange County, California, BJ’s Restaurants began as BJ’s Chicago Pizzeria, bringing a Chicago‐style pizza experience to the West Coast.