DRI trades 11.2% below Wall Street's consensus target of $237.83.
Last 12 months price action with 12-month analyst target path
The base valuation assumes DRI achieves its forward estimates and maintains a stable P/E multiple of 20.1x. This scenario reflects the blended consensus of 59 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 24, 2026, Darden Restaurants, Inc. (DRI) has a Wall Street consensus price target of $237.83, based on estimates from 59 covering analysts. With the stock currently trading at $213.79, this represents a potential upside of +11.2%. The company has a market capitalization of $24.49B.
Analyst price targets range from a low of $212.00 to a high of $255.00, representing a 18% spread in expectations. The median target of $240.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 38 analysts rating the stock as a Buy or Strong Buy,20 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, DRI trades at a trailing P/E of 20.6x and forward P/E of 20.1x. The forward PEG ratio of 1.19 indicates reasonable valuation for growth. Analysts expect EPS to grow +1.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $262.63, with bear and bull scenarios of $165.46 and $346.04 respectively. Model confidence stands at 53/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 EATBrinker International, Inc. | $9.0B | $210.80 | $254.69 | +20.8% | Buy | 19.6x | 49 |
 TXRHTexas Roadhouse, Inc. | $10.8B | $164.84 | $212.50 | +28.9% | Hold | 25.0x | 44 |
 BLMNBloomin' Brands, Inc. | $732M | $8.55 | $10.50 | +22.8% | Hold | 8.8x | 28 |
 DENNDenny's Corporation | $322M | $6.25 | $7.00 | +12.0% | Buy | 15.0x | 21 |
 CAKEThe Cheesecake Factory Incorporated | $5.2B | $104.41 | $83.64 | -19.9% | Hold | 23.1x | 48 |
 CBRLCracker Barrel Old Country Store, Inc. | $1.1B | $47.52 | $52.00 | +9.4% | Hold | — | 31 |
 BJRIBJ's Restaurants, Inc. | $1.3B | $61.54 | $55.00 | -10.6% | Buy | 25.9x | 32 |
 MCDMcDonald's Corporation | $169.3B | $238.32 | $304.29 | +27.7% | Buy | 18.5x | 62 |
 YUMYum! Brands, Inc. | $38.8B | $140.69 | $172.38 | +22.5% | Hold | 21.4x | 51 |
 CMGChipotle Mexican Grill, Inc. | $42.0B | $32.72 | $42.41 | +29.6% | Buy | 28.5x | 67 |
Quick answers to the most common questions about buying DRI stock.
Darden Restaurants, Inc. (DRI) has a consensus 12-month price target of $237.83, implying 11.2% upside from $213.792. The 59 analysts covering DRI see moderate appreciation potential.
DRI has a consensus rating of "Buy" based on 59 Wall Street analysts. The rating breakdown is predominantly bullish, with 38 Buy/Strong Buy ratings. The consensus 12-month price target of $237.83 implies 11.2% upside from current levels.
DRI trades at a forward P/E of 20.1167x, representing a moderate valuation. With analysts targeting $237.83 (11.2% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $255 for DRI, while the most conservative target is $212. The consensus of $237.83 represents the median expectation. Our quantitative valuation model projects a bull case target of $346 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
DRI is heavily covered by Wall Street, with 59 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 38 have Buy ratings, 20 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month DRI stock forecast based on 59 Wall Street analysts shows a consensus price target of $237.83, with estimates ranging from $212 (bear case) to $255 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $263, with bear/bull scenarios of $165/$346.
Our quantitative valuation model calculates DRI's fair value at $263 (base case), with a bear case of $165 and bull case of $346. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 53/100.
DRI trades at a forward P/E ratio of 20.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 20.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are optimistic on DRI, with a "Buy" consensus rating and $237.83 price target (11.2% upside). 38 of 59 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
DRI analyst price targets range from $212 to $255, a 18% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $237.83 consensus represents the middle ground. Our model's $165-$346 range provides an independent fundamental perspective.
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