Zacks Research Weighs in on Red Robin Gourmet Burgers, Inc.’s FY2026 Earnings (NASDAQ:RRGB)

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) – Analysts at Zacks Research decreased their FY2026 earnings per share (EPS) estimates for Red Robin Gourmet Burgers in a report issued on Thursday, September 12th. Zacks Research analyst M. Kaushik now expects that the restaurant operator will post earnings of $0.32 per share for the year, down from their previous estimate of $0.37. The consensus estimate for Red Robin Gourmet Burgers’ current full-year earnings is ($2.18) per share.

A number of other research firms also recently weighed in on RRGB. Benchmark dropped their price target on shares of Red Robin Gourmet Burgers from $18.00 to $16.00 and set a “buy” rating on the stock in a research note on Tuesday, August 20th. Craig Hallum lowered their target price on Red Robin Gourmet Burgers from $15.00 to $11.50 and set a “buy” rating on the stock in a research note on Friday, August 23rd. Finally, Lake Street Capital cut their price target on Red Robin Gourmet Burgers from $17.00 to $16.00 and set a “buy” rating for the company in a research note on Friday, August 23rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $13.13.

Red Robin Gourmet Burgers Trading Down 0.3 %

Red Robin Gourmet Burgers stock opened at $3.08 on Friday. Red Robin Gourmet Burgers has a twelve month low of $2.97 and a twelve month high of $12.80. The firm’s 50 day moving average price is $4.96 and its two-hundred day moving average price is $6.44.

Red Robin Gourmet Burgers (NASDAQ:RRGB) last released its earnings results on Thursday, August 22nd. The restaurant operator reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.41) by ($0.07). The business had revenue of $300.15 million during the quarter, compared to the consensus estimate of $295.57 million. During the same quarter in the previous year, the business posted ($0.24) earnings per share.

Institutional Investors Weigh In On Red Robin Gourmet Burgers

A number of large investors have recently bought and sold shares of the business. First Eagle Investment Management LLC grew its holdings in Red Robin Gourmet Burgers by 2.0% during the second quarter. First Eagle Investment Management LLC now owns 1,006,937 shares of the restaurant operator’s stock valued at $7,623,000 after purchasing an additional 20,100 shares during the last quarter. Pacific Ridge Capital Partners LLC grew its stake in Red Robin Gourmet Burgers by 18.8% in the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 911,005 shares of the restaurant operator’s stock valued at $6,896,000 after buying an additional 143,957 shares during the last quarter. Acuitas Investments LLC raised its holdings in Red Robin Gourmet Burgers by 9.0% in the 2nd quarter. Acuitas Investments LLC now owns 610,193 shares of the restaurant operator’s stock worth $4,619,000 after acquiring an additional 50,172 shares during the period. RK Capital Management LLC lifted its position in Red Robin Gourmet Burgers by 1.6% during the 4th quarter. RK Capital Management LLC now owns 397,000 shares of the restaurant operator’s stock worth $4,951,000 after acquiring an additional 6,100 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in Red Robin Gourmet Burgers by 188.9% during the second quarter. Marshall Wace LLP now owns 368,541 shares of the restaurant operator’s stock valued at $2,790,000 after acquiring an additional 240,954 shares during the period. 84.04% of the stock is currently owned by institutional investors.

Red Robin Gourmet Burgers Company Profile

Red Robin Gourmet Burgers, Inc, together with its subsidiaries, develops, operates, and franchises casual-dining restaurants, in North America and one Canadian province. Its restaurants primarily offer burgers and pizza, appetizers, salads, soups, other entrees, desserts, wings, milkshakes, alcoholic and non-alcoholic specialty drinks, cocktails, wine, and beers.