TXRH trades 7.7% below Wall Street's consensus target of $191.46.
Last 12 months price action with 12-month analyst target path
The base valuation assumes TXRH achieves its forward estimates and maintains a stable P/E multiple of 27.7x. This scenario reflects the blended consensus of 44 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, Texas Roadhouse, Inc. (TXRH) has a Wall Street consensus price target of $191.46, based on estimates from 44 covering analysts. With the stock currently trading at $177.75, this represents a potential upside of +7.7%. The company has a market capitalization of $11.68B.
Analyst price targets range from a low of $175.00 to a high of $210.00, representing a 18% spread in expectations. The median target of $192.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 19 analysts rating the stock as a Buy or Strong Buy,25 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, TXRH trades at a trailing P/E of 29.1x and forward P/E of 27.7x. The forward PEG ratio of 0.40 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +2.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $210.44, with bear and bull scenarios of $132.58 and $277.28 respectively. Model confidence stands at 59/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
BLMNBloomin' Brands, Inc. | $687M | $8.06 | $8.83 | +9.6% | Hold | 9.2x | 28 |
DRIDarden Restaurants, Inc. | $25.3B | $213.45 | $230.14 | +7.8% | Buy | 20.1x | 59 |
CAKEThe Cheesecake Factory Incorporated | $3.8B | $77.19 | $65.50 | -15.1% | Hold | 19.1x | 48 |
DENNDenny's Corporation | $322M | $6.25 | $7.00 | +12.0% | Buy | 15.0x | 21 |
CBRLCracker Barrel Old Country Store, Inc. | $1.1B | $47.34 | $49.00 | +3.5% | Hold | — | 31 |
EATBrinker International, Inc. | $7.1B | $164.89 | $187.92 | +14.0% | Buy | 15.3x | 47 |
BJRIBJ's Restaurants, Inc. | $1.1B | $54.55 | $41.00 | -24.8% | Buy | 24.6x | 31 |
RRGBRed Robin Gourmet Burgers, Inc. | $116M | $6.26 | $8.00 | +27.8% | Hold | — | 38 |
ARKRArk Restaurants Corp. | $22M | $6.20 | — | — | — | — | — |
SYYSysco Corporation | $37.7B | $78.70 | $90.44 | +14.9% | Buy | 17.2x | 30 |
Quick answers to the most common questions about buying TXRH stock.
The consensus price target for TXRH is $191.46, close to the current price of $177.75 (7.7% implied move). Based on 44 analyst estimates, the stock appears fairly valued near current levels.
TXRH has a consensus rating of "Hold" based on 44 Wall Street analysts. The rating breakdown is mixed, with 25 Hold ratings making up the largest segment. The consensus 12-month price target of $191.46 implies 7.7% upside from current levels.
TXRH trades at a forward P/E of 27.6718x, representing a moderate valuation. With analysts targeting $191.46 (7.7% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $210 for TXRH, while the most conservative target is $175. The consensus of $191.46 represents the median expectation. Our quantitative valuation model projects a bull case target of $277 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
TXRH is heavily covered by Wall Street, with 44 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 19 have Buy ratings, 25 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month TXRH stock forecast based on 44 Wall Street analysts shows a consensus price target of $191.46, with estimates ranging from $175 (bear case) to $210 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $210, with bear/bull scenarios of $133/$277.
Our quantitative valuation model calculates TXRH's fair value at $210 (base case), with a bear case of $133 and bull case of $277. 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 59/100.
TXRH trades at a forward P/E ratio of 27.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 29.1x. 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.
TXRH appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $191.46 target. Consider your investment thesis and risk tolerance. 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.
TXRH analyst price targets range from $175 to $210, a 18% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $191.46 consensus represents the middle ground. Our model's $133-$277 range provides an independent fundamental perspective.
Deep dive into TXRH consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.