Darden Restaurants, Inc. (DRI) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Buy
Based on 59 analysts12.3% Below Target
DRI trades 12.3% below Wall Street's consensus target of $229.64.
Current Price$204.50
Average Target$229.64
Target
Current
Low$206.00
Median$229.00
High$265.00
Analyst Target Range
Forward P/E19.2x
(Fair)
PEG Ratio1.14
(Fair)
Implied Growth+1.5%
(Low)
Analyst Spread25.7%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes DRI achieves its forward estimates and maintains a stable P/E multiple of 19.2x. This scenario reflects the blended consensus of 59 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
DRI Price Target Analysis
Updated July 8, 2026As of July 8, 2026, Darden Restaurants, Inc. (DRI) has a Wall Street consensus price target of $229.64, based on estimates from 59 covering analysts. With the stock currently trading at $204.50, this represents a potential upside of +12.3%. The company has a market capitalization of $23.42B.
Analyst price targets range from a low of $206.00 to a high of $265.00, representing a 26% spread in expectations. The median target of $229.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 37 analysts rating the stock as a Buy or Strong Buy,21 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 19.7x and forward P/E of 19.2x. The forward PEG ratio of 1.14 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.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Consumer Cyclical stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+3.7%
Industry Consensus
Avg Forward P/E
21.4x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 EATBrinker International, Inc. | $7.5B | $175.30 | $187.92 | +7.2% | Buy | 16.3x | 47 |
 TXRHTexas Roadhouse, Inc. | $12.3B | $187.03 | $191.46 | +2.4% | Hold | 29.1x | 44 |
 BLMNBloomin' Brands, Inc. | $680M | $7.98 | $8.83 | +10.7% | Hold | 9.1x | 28 |
 DENNDenny's Corporation | $322M | $6.25 | $7.00 | +12.0% | Buy | 15.0x | 21 |
 CAKEThe Cheesecake Factory Incorporated | $3.9B | $77.74 | $65.50 | -15.7% | Hold | 19.2x | 48 |
 CBRLCracker Barrel Old Country Store, Inc. | $1.1B | $49.50 | $49.00 | -1.0% | Hold | — | 31 |
 BJRIBJ's Restaurants, Inc. | $1.3B | $60.26 | $41.00 | -32.0% | Buy | 27.2x | 31 |
 MCDMcDonald's Corporation | $200.5B | $282.21 | $345.67 | +22.5% | Buy | 21.7x | 62 |
 YUMYum! Brands, Inc. | $46.3B | $167.49 | $178.00 | +6.3% | Hold | 24.8x | 51 |
 CMGChipotle Mexican Grill, Inc. | $44.7B | $34.35 | $42.94 | +25.0% | Buy | 30.3x | 67 |
DRI — Frequently Asked Questions
Quick answers to the most common questions about buying DRI stock.
What is the DRI stock price target for 2026?
Darden Restaurants, Inc. (DRI) has a consensus 12-month price target of $229.64, implying 12.3% upside from $204.5. The 59 analysts covering DRI see moderate appreciation potential.
Is DRI a buy, sell, or hold?
DRI has a consensus rating of "Buy" based on 59 Wall Street analysts. The rating breakdown is predominantly bullish, with 37 Buy/Strong Buy ratings. The consensus 12-month price target of $229.64 implies 12.3% upside from current levels.
Is DRI stock overvalued or undervalued?
With a forward P/E of 19.2424x, DRI trades at a relatively low valuation. The consensus target of $229.64 implies 12.3% appreciation, suggesting meaningful undervaluation.
How high can DRI stock go?
The most bullish Wall Street analyst has a price target of $265 for DRI, while the most conservative target is $206. The consensus of $229.64 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.
How many analysts cover DRI stock?
DRI is heavily covered by Wall Street, with 59 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 37 have Buy ratings, 21 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the DRI stock forecast?
The 12-month DRI stock forecast based on 59 Wall Street analysts shows a consensus price target of $229.64, with estimates ranging from $206 (bear case) to $265 (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.
What is DRI's fair value based on fundamentals?
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.
What is DRI's forward P/E ratio?
DRI trades at a forward P/E ratio of 19.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.7x. 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.
Should I buy DRI stock?
Wall Street analysts are optimistic on DRI, with a "Buy" consensus rating and $229.64 price target (12.3% upside). 37 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.
Why do DRI price targets vary so much?
DRI analyst price targets range from $206 to $265, a 26% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $229.64 consensus represents the middle ground. Our model's $165-$346 range provides an independent fundamental perspective.
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