BJ’s Restaurants (NASDAQ:BJRI) Price Target Raised to $80.00

BJ’s Restaurants (NASDAQ:BJRI) had its price objective upped by stock analysts at Benchmark from $68.00 to $80.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the restaurant operator’s stock. Benchmark’s price objective indicates a potential upside of 16.61% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the stock. Piper Sandler increased their price objective on shares of BJ’s Restaurants from $40.00 to $43.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. William Blair raised shares of BJ’s Restaurants from a “market perform” rating to an “outperform” rating in a research report on Friday, July 17th. Weiss Ratings downgraded BJ’s Restaurants from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Barclays dropped their target price on BJ’s Restaurants from $42.00 to $38.00 and set an “underweight” rating for the company in a report on Wednesday, May 6th. Finally, Citigroup upped their price target on BJ’s Restaurants from $47.00 to $68.00 and gave the company a “neutral” rating in a research report on Monday, July 20th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $50.88.

BJ’s Restaurants Stock Performance

NASDAQ BJRI opened at $68.61 on Friday. The company’s fifty day moving average is $56.28 and its two-hundred day moving average is $45.46. BJ’s Restaurants has a 52-week low of $28.46 and a 52-week high of $74.60. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.31 and a quick ratio of 0.25. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 34.48, a P/E/G ratio of 2.23 and a beta of 1.31.

BJ’s Restaurants (NASDAQ:BJRI) last released its earnings results on Thursday, July 30th. The restaurant operator reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.04. The business had revenue of $388.89 million during the quarter, compared to analysts’ expectations of $377.07 million. BJ’s Restaurants had a net margin of 3.15% and a return on equity of 13.48%. The firm’s revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the company earned $0.97 earnings per share. Equities research analysts forecast that BJ’s Restaurants will post 2.25 EPS for the current year.

Insider Buying and Selling

In other news, EVP Brian S. Krakower sold 7,341 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $55.17, for a total transaction of $405,002.97. Following the sale, the executive vice president owned 4,721 shares in the company, valued at approximately $260,457.57. This represents a 60.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Heidi Rogers sold 3,090 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $53.21, for a total transaction of $164,418.90. Following the sale, the chief marketing officer directly owned 9,265 shares in the company, valued at approximately $492,990.65. This represents a 25.01% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 63,817 shares of company stock valued at $3,384,688. Insiders own 2.40% of the company’s stock.

Institutional Investors Weigh In On BJ’s Restaurants

A number of hedge funds and other institutional investors have recently bought and sold shares of BJRI. CWM LLC lifted its position in shares of 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 in the last quarter. Quarry LP lifted its position in BJ’s Restaurants by 1,618.3% during the 3rd quarter. Quarry LP now owns 1,031 shares of the restaurant operator’s stock worth $31,000 after buying an additional 971 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new position in shares of BJ’s Restaurants during the 4th quarter worth about $63,000. US Bancorp DE boosted its stake in shares of BJ’s Restaurants by 14.5% during the 3rd quarter. US Bancorp DE now owns 3,305 shares of the restaurant operator’s stock worth $101,000 after buying an additional 418 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in shares of BJ’s Restaurants by 77.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,317 shares of the restaurant operator’s stock valued at $103,000 after acquiring an additional 1,012 shares in the last quarter. Institutional investors and hedge funds own 99.95% of the company’s stock.

Trending Headlines about BJ’s Restaurants

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

• Positive Sentiment: Strong quarterly beat: BJRI reported adjusted earnings of $0.94 per share, above the $0.87-$0.90 analyst estimates, while revenue of $388.89 million topped the roughly $377.1 million consensus. Revenue increased 6.4% year over year. BJ’s Restaurants Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Comparable sales and outlook improved: Comparable restaurant sales rose 6.5%, and management raised its fiscal 2026 financial guidance. The upgraded outlook signals continued confidence in customer demand and operating execution. BJ’s Restaurants Fiscal Second Quarter 2026 Results
• Neutral Sentiment: Management commentary is now key: Investors will look to the earnings call for details on traffic, pricing, restaurant-level margins, labor and food costs, and whether the stronger sales trend can continue through the remainder of fiscal 2026. BJ’s Restaurants Q2 2026 Earnings Call Transcript
• Negative Sentiment: Earnings declined year over year: Quarterly EPS fell from $0.97 to $0.94 despite the revenue increase, suggesting that cost pressures or other operating factors limited bottom-line growth. BJRI’s relatively elevated valuation means investors may expect continued earnings acceleration.

About BJ’s Restaurants

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.