Citigroup Raises BJ’s Restaurants (NASDAQ:BJRI) Price Target to $75.00

BJ’s Restaurants (NASDAQ:BJRI) had its price objective boosted by equities researchers at Citigroup from $68.00 to $75.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “neutral” rating on the restaurant operator’s stock. Citigroup’s price objective would indicate a potential upside of 10.93% from the stock’s current price.

A number of other equities analysts have also recently commented on BJRI. William Blair raised shares of BJ’s Restaurants from a “market perform” rating to an “outperform” rating in a research note on Friday, July 17th. Barclays reduced their target price on 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. DA Davidson set a $65.00 price target on BJ’s Restaurants in a research note on Friday. Mizuho set a $74.00 price objective on BJ’s Restaurants in a report on Friday. Finally, Benchmark upped their target price on BJ’s Restaurants from $68.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $56.88.

BJ’s Restaurants Price Performance

NASDAQ BJRI traded down $6.65 during trading on Friday, reaching $67.61. The company’s stock had a trading volume of 958,260 shares, compared to its average volume of 414,573. The stock has a market capitalization of $1.42 billion, a PE ratio of 34.15, a P/E/G ratio of 2.23 and a beta of 1.31. 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 fifty day moving average of $56.28 and a 200 day moving average of $45.46. BJ’s Restaurants has a one year low of $28.46 and a one year high of $74.60.

BJ’s Restaurants (NASDAQ:BJRI) last issued its quarterly earnings data on Thursday, July 30th. The restaurant operator reported $0.94 EPS for the quarter, topping the consensus estimate of $0.90 by $0.04. The company had revenue of $388.89 million during the quarter, compared to analyst estimates of $377.07 million. BJ’s Restaurants had a return on equity of 13.48% and a net margin of 3.15%.BJ’s Restaurants’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.97 earnings per share. Analysts expect that BJ’s Restaurants will post 2.25 EPS for the current fiscal year.

Insider Transactions at BJ’s Restaurants

In related news, EVP Brian S. Krakower sold 7,341 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 4,721 shares in the company, valued at $260,457.57. This trade represents a 60.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Gregory S. Lynds sold 6,201 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $55.86, for a total value of $346,387.86. Following the completion of the sale, the executive vice president owned 46,474 shares of the company’s stock, valued at $2,596,037.64. The trade was a 11.77% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 63,817 shares of company stock valued at $3,384,688. 2.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BJRI. US Bancorp DE raised its position 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. CWM LLC increased its stake in BJ’s Restaurants by 187.7% in the fourth quarter. CWM LLC now owns 699 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 456 shares during the last quarter. Franklin Resources Inc. raised its position in BJ’s Restaurants by 4.3% during the fourth quarter. Franklin Resources Inc. now owns 11,904 shares of the restaurant operator’s stock valued at $469,000 after purchasing an additional 494 shares in the last quarter. Diversified Trust Co raised its position in BJ’s Restaurants by 8.6% during the first quarter. Diversified Trust Co now owns 6,524 shares of the restaurant operator’s stock valued at $229,000 after purchasing an additional 517 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in BJ’s Restaurants by 0.9% during the second quarter. First Trust Advisors LP now owns 71,617 shares of the restaurant operator’s stock worth $3,194,000 after purchasing an additional 637 shares during the last quarter. Institutional investors own 99.95% of the company’s stock.

Key Headlines Impacting BJ’s Restaurants

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

• Positive Sentiment: BJ’s reported fiscal Q2 revenue of $388.9 million, up 6.4% year over year and above the $377.1 million consensus estimate. Adjusted earnings were $0.94 per share, exceeding estimates ranging from $0.87 to $0.90. BJ’s Restaurants Fiscal Second Quarter 2026 Results
• Positive Sentiment: Comparable restaurant sales increased 6.5%, indicating solid customer demand, and management raised its fiscal 2026 financial guidance. BJ’s Restaurants Fiscal Second Quarter 2026 Results
• Positive Sentiment: Benchmark Co. raised its BJRI price target from $68 to $80 and upgraded the stock to “Buy,” implying approximately 18% upside from the referenced share price. Benchmark price target and rating update
• Neutral Sentiment: The earnings call and related coverage provide additional context on the quarter and the company’s outlook, but the available reports do not identify a major change beyond the raised guidance. BJRI Q2 2026 Earnings Call Transcript
• Negative Sentiment: Although results beat expectations, quarterly EPS declined from $0.97 in the prior-year period. With BJRI trading near its 52-week high and at a relatively rich earnings multiple, investors may be demanding stronger profit growth, helping explain the weaker share-price reaction.

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.