Bloomin’ Brands, Inc. (NASDAQ:BLMN) Given Average Rating of “Reduce” by Analysts

Bloomin’ Brands, Inc. (NASDAQ:BLMN) has earned an average rating of “Reduce” from the ten ratings firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $9.5250.

Several analysts have issued reports on BLMN shares. UBS Group upped their target price on Bloomin’ Brands from $6.00 to $9.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Morgan Stanley upped their price objective on shares of Bloomin’ Brands from $8.00 to $12.00 and gave the company an “equal weight” rating in a research note on Thursday. JPMorgan Chase & Co. downgraded Bloomin’ Brands from a “neutral” rating to an “underweight” rating and set a $6.00 target price for the company. in a report on Friday, April 24th. Wall Street Zen cut shares of Bloomin’ Brands from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Finally, Citigroup decreased their price target on shares of Bloomin’ Brands from $9.50 to $8.75 and set a “neutral” rating for the company in a research note on Friday, July 24th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in BLMN. Royal Bank of Canada grew its stake in Bloomin’ Brands by 50.4% in the first quarter. Royal Bank of Canada now owns 333,693 shares of the restaurant operator’s stock worth $2,393,000 after purchasing an additional 111,801 shares during the period. AQR Capital Management LLC lifted its position in Bloomin’ Brands by 156.1% during the first quarter. AQR Capital Management LLC now owns 591,373 shares of the restaurant operator’s stock valued at $4,240,000 after buying an additional 360,450 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Bloomin’ Brands by 6.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,395 shares of the restaurant operator’s stock valued at $333,000 after buying an additional 2,622 shares in the last quarter. Millennium Management LLC grew its position in shares of Bloomin’ Brands by 123.1% in the 1st quarter. Millennium Management LLC now owns 2,299,778 shares of the restaurant operator’s stock worth $16,489,000 after buying an additional 1,268,988 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of Bloomin’ Brands by 4.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,048,497 shares of the restaurant operator’s stock worth $7,518,000 after buying an additional 43,329 shares during the period.

Bloomin’ Brands Stock Down 8.2%

Shares of NASDAQ:BLMN opened at $10.88 on Friday. The firm has a market capitalization of $931.48 million, a PE ratio of 35.10, a price-to-earnings-growth ratio of 9.08 and a beta of 1.22. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.19 and a current ratio of 0.26. Bloomin’ Brands has a 52-week low of $5.19 and a 52-week high of $12.63. The firm has a fifty day moving average of $8.38 and a 200 day moving average of $7.19.

Bloomin’ Brands (NASDAQ:BLMN) last issued its quarterly earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.10. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1 billion. Bloomin’ Brands had a return on equity of 30.43% and a net margin of 0.70%.The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 earnings per share. Bloomin’ Brands has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at -0.270–0.220 EPS. As a group, research analysts anticipate that Bloomin’ Brands will post 0.9 EPS for the current fiscal year.

Bloomin’ Brands News Roundup

Here are the key news stories impacting Bloomin’ Brands this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Adjusted EPS was $0.39, ahead of the roughly $0.28–$0.29 consensus and above $0.32 a year earlier. Revenue reached $1.02 billion versus estimates near $1.00 billion, with sales up 1.3% year over year. Bloomin’ Brands Announces 2026 Q2 Financial Results
• Positive Sentiment: Profitability and customer spending improved. Management cited a larger average check and Outback Steakhouse customers buying pricier steaks, helping produce stronger margins and supporting the company’s ongoing Outback turnaround. Bloomin’ Brands Raises Earnings View on Higher Profit, Check Size
• Positive Sentiment: Full-year guidance was raised. Bloomin’ Brands now expects fiscal 2026 EPS of $0.90–$1.00, above its prior outlook and the approximately $0.88 analyst consensus. The improved forecast prompted an initial stock rally. Bloomin’ Brands Raises FY26 Profit Outlook
• Neutral Sentiment: Investors are assessing valuation. Following the sharp advance and trading near its 52-week high, commentary questions whether the earnings beat and guidance increase are already reflected in BLMN’s valuation, potentially limiting additional upside. Is the Stock Already Priced In?
• Negative Sentiment: Third-quarter guidance trailed expectations. Management forecast adjusted Q3 EPS of negative $0.27 to negative $0.22, weaker than the consensus estimate of negative $0.19. That softer near-term outlook and profit-taking after the earnings surge are likely weighing on the shares.

Bloomin’ Brands Company Profile

Bloomin’ Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company’s portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba’s Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming’s Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.