These Analysts Increase Their Forecasts On Darden Restaurants Following Upbeat Results

Darden Restaurants, Inc. reported third-quarter adjusted earnings per share of $2.95, slightly above the analyst consensus estimate of $2.94, with quarterly sales reaching $3.345 billion, a 5.9% increase year over year. The company has narrowed its fiscal 2026 adjusted EPS guidance to $10.57 to $10.67 and expects sales of $13.224 billion, exceeding the consensus estimate. Following the earnings announcement, various analysts adjusted their price targets for Darden, with Baird raising it to $215, Stephens & Co. to $210, and Keybanc to $226. Darden shares closed at $204.42.