Evercore ISI Group Raises EAT Price Target to $190 Amid Ongoing Positive Sentiment.

Evercore ISI Group has raised the price target for Brinker International (EAT) to $190, a 5.56% increase, while maintaining its "In-Line" rating. This follows a series of recent adjustments from other analysts. The average target price for EAT is $173.45 with a high estimate of $215.00 and a low estimate of $150.00, implying a 10.55% upside from the current price. The estimated GF Value for EAT in one year is $53.27, suggesting a 66.05% downside from the current price.

Evercore ISI Group has significantly increased its price target for Brinker International (NYSE: EAT) to $190, representing a 5.56% increase from the previous target of $180. The firm maintains an "In-Line" rating on the stock, reflecting its bullish outlook. This upward revision comes on the heels of Brinker International's strong fourth-quarter financial results for 2025 [1].

Brinker International reported an adjusted diluted earnings per share (EPS) of $2.49, surpassing analyst expectations of $2.44. The company's revenue reached $1.44 billion, in line with forecasts. This marks the fifth consecutive quarter of double-digit same-store sales growth for Brinker, with operating margins reported at 10.6%, slightly above analyst expectations [1].

The price target increase follows Brinker's robust fourth-quarter same-store sales growth of approximately 24% for its Chili’s brand. Evercore ISI attributes this growth to improving customer satisfaction measures and upcoming same-store sales growth initiatives [1]. The research firm also noted potential for further upside to its target valuation, approaching Darden Restaurants-level multiples near 20x, if Brinker can achieve mid-single-digit same-store sales growth beyond the fiscal second quarter, launch a high-return on invested capital reimaging cycle, and accelerate unit growth from zero today to near 3% [1].

Brinker International has delivered a 2-year sales growth of +39% and a 3-year growth of +45%. The company projects fiscal year 2026 adjusted EPS of $9.90 to $10.50, above the $8.84 consensus estimate, and expects sales of $5.6 billion to $5.7 billion, topping the $5.36 billion forecast [1].

Following these results, other analysts have also raised their price targets for Brinker International. Barclays analyst Jeffrey Bernstein raised his price target to $170, BMO Capital analyst Andrew Strelzik to $170, Evercore ISI analyst David Palmer to $190, UBS analyst Dennis Geiger to $165, Piper Sandler analyst Nicole Miller Regan to $168, B of A Securities analyst Katherine Griffin to $190, and Morgan Stanley analyst John Glass to $161 [1].

The average target price for EAT is $173.45, with a high estimate of $215.00 and a low estimate of $150.00, implying a 10.55% upside from the current price. The estimated GF Value for EAT in one year is $53.27, suggesting a 66.05% downside from the current price [2].

In conclusion, Evercore ISI's price target increase for Brinker International underscores the company's robust performance and promising future prospects. Investors should closely monitor Brinker's ability to sustain this momentum and navigate potential risks.

References:
[1] https://www.ainvest.com/news/brinker-international-evercore-isi-group-raises-pt-190-180-maintains-line-rating-2508/
[2] https://www.marketbeat.com/instant-alerts/brinker-international-nyseeat-given-new-17000-price-target-at-barclays-2025-08-14/