Steakhouse Stocks to Watch in 2026 Amid Elevated Beef Prices

Higher beef prices due to low cattle inventories, drought, and increased costs are expected to persist into 2026. This presents opportunities for investors in restaurant stocks with exposure to steakhouse concepts. Darden Restaurants, with its exposure to both mid-market and premium consumers, and Bloomin' Brands, which operates across the value spectrum, are two such stocks to consider. Both have shown positive revenue and EPS growth, but Bloomin' Brands is trading at historic lows and faces negative same-store sales growth.