Bloomin' Brands (BLMN) Stock Forecast & Price Target

Bloomin Brands Inc. has demonstrated strong performance through its brands, with Carrabba's and Fleming's surpassing consensus expectations by notable margins of 300 basis points and 160 basis points, respectively. The company reported a 2Q25 EPS of $0.33, which exceeded consensus by $0.05, largely driven by modest comparable restaurant sales growth and favorable tax conditions despite lower restaurant margins. Additionally, the sequential improvement in comparable sales, even with certain challenges in the Outback segment, suggests a positive trajectory for the company's overall financial health.

Bloomin Brands Inc. is experiencing significant challenges, evidenced by a 10% traffic decline over a three-year period, which suggests ongoing difficulties in attracting customers to its restaurants. Additionally, the company has lowered its 2025 EPS guidance by approximately 20% to a range of $1.00-$1.10, notably below the consensus expectation of $1.23, marking the second substantial guidance cut within four quarters. For the upcoming quarter, Bloomin Brands anticipates stagnant to negative comparable sales, with EPS projections also falling short of analyst consensus, further reflecting the financial struggles facing the company.