B+
Bull case
20%
Probability
Target price
$220.50
+59.6% vs current
Cautiously constructive: median analyst targets align with our base case, but a wide high/low range shows split views. Near-term upside is limited absent positive catalysts; revisions will depend on quarterly cadence and guidance clarity.
No evidence quality warning is currently attached to this memo.
Company released Q2 FY2026 results and updated FY2026 guidance on 2026-01-28; guidance will shape analyst revisions and near-term sentiment.
Analysts typically refresh 12-month targets within ~90 days after results; revisions could produce an ~±8% re-rate.
Sustained menu pricing, traffic recovery and operating leverage could drive multi-quarter valuation upside by 2027-01-29.
No formal recommendation provided.