Goldman Sachs maintains "Sell" rating for Bloomin Brands (BLMN) with a lowered price target from $8.00 to $6.50, a decrease of 18.75%. Analyst Christine Cho made the adjustment on August 7, 2025. This update is part of the recent analyst perspectives on Bloomin Brands, detailing both maintained ratings and fluctuating price targets. The average target price for BLMN is $8.14, with a high estimate of $12.00 and a low estimate of $6.50, indicating an upside of 22.81% from the current price of $6.63.
Goldman Sachs has maintained its "sell" rating for Bloomin' Brands (NASDAQ:BLMN) while lowering the price target from $8.00 to $6.50, representing an 18.75% decrease. This adjustment was made by analyst Christine Cho on August 7, 2025. The new price target indicates a potential downside of 1.59% from the current trading price of $6.63 [1].
The move by Goldman Sachs is part of a broader landscape of analyst opinions on Bloomin' Brands. While JPMorgan Chase has raised its price target to $10.00 with a "neutral" rating, other analysts have mixed views. BMO Capital Markets and Barclays reduced their price targets to $8.00 and $7.00, respectively, while Morgan Stanley and UBS Group also adjusted their targets. Overall, the consensus rating for Bloomin' Brands is "Hold" with a price target of $11.80 [1].
Bloomin' Brands recently reported its quarterly earnings, posting $0.59 earnings per share (EPS) for the quarter, which exceeded the consensus estimate of $0.57 by $0.02. The company's revenue for the quarter was $1.05 billion, down 1.8% compared to the same period last year. The company has a market capitalization of $560.96 million and a debt-to-equity ratio of 2.38 [1].
Institutional investors have shown significant interest in Bloomin' Brands. Schonfeld Strategic Advisors LLC, Millennium Management LLC, Nuveen LLC, Marshall Wace LLP, and Fund 1 Investments LLC have recently increased their holdings in the company [1].
References:
[1] https://www.marketbeat.com/instant-alerts/bloomin-brands-nasdaqblmn-price-target-cut-to-650-by-analysts-at-the-goldman-sachs-group-2025-08-07/
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