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Darden Restaurants, Inc.NYSE:DRI Stock Report

Market Cap US$22.4b
Share Price
US$195.17
US$222.38
12.2% undervalued intrinsic discount
1Y-1.9%
7D-2.7%
Portfolio Value
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Darden Restaurants, Inc.

NYSE:DRI Stock Report

Market Cap: US$22.4b

DRI Community Fair Values

Create Narrative

See what 24 others think this stock is worth. Follow their fair value or set your own to get alerts.

Darden Restaurants, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Darden Restaurants
Historical stock prices
Current Share PriceUS$195.17
52 Week HighUS$228.27
52 Week LowUS$169.00
Beta0.59
1 Month Change2.38%
3 Month Change-9.76%
1 Year Change-1.92%
3 Year Change32.76%
5 Year Change45.67%
Change since IPO2,902.62%

Recent News & Updates

Narrative Update May 03

DRI: Core Brand Consistency And Buybacks Will Support Long-Term Upside

Analysts have lifted their consolidated price target for Darden Restaurants by several dollars, reflecting refreshed models that incorporate slightly adjusted discount rate and revenue growth assumptions, as well as updated views from recent Street research that has generally raised targets into a $200 to $260 range. Analyst Commentary Recent Street research shows a cluster of bullish analysts nudging price targets higher across a tight range, with several updates concentrated between roughly $200 and $260.
Narrative Update Apr 19

DRI: Value Discipline And Core Brand Consistency Will Support Long-Term Upside

The analyst price target for Darden Restaurants has been adjusted higher to reflect a fair value increase of about $4, supported by recent Street research that highlights steady same-store sales expectations at Olive Garden and LongHorn, along with multiple price target increases across major firms. Analyst Commentary Recent Street research shows a cluster of bullish analysts raising price targets on Darden Restaurants, with several firms adjusting their views higher by between $1 and $10.
Narrative Update Apr 03

DRI: Mixed Sector Headwinds And Brand Stability Are Expected To Shape Returns

Analysts have trimmed the fair value estimate for Darden Restaurants to $183.53 from $185.66, reflecting slightly softer assumptions for revenue, profit margin and future P/E even as recent research shows a mix of higher and lower price targets across the Street. Analyst Commentary Street research on Darden has been active, with several firms adjusting price targets and ratings in different directions.
Narrative Update Mar 20

DRI: Sector Headwinds And Slowing Traffic Are Expected To Pressure Shares

Analysts have lifted the implied fair value for Darden Restaurants from about $169.22 to roughly $185.66 per share, reflecting a higher blended price target across recent research that cites relatively stable same-store sales at Olive Garden and LongHorn and ongoing sector headwinds that keep expectations measured. Analyst Commentary Recent Street research paints a mixed picture for Darden Restaurants, with some firms lifting price targets and others turning more cautious.

Recent updates

Narrative Update May 03

DRI: Core Brand Consistency And Buybacks Will Support Long-Term Upside

Analysts have lifted their consolidated price target for Darden Restaurants by several dollars, reflecting refreshed models that incorporate slightly adjusted discount rate and revenue growth assumptions, as well as updated views from recent Street research that has generally raised targets into a $200 to $260 range. Analyst Commentary Recent Street research shows a cluster of bullish analysts nudging price targets higher across a tight range, with several updates concentrated between roughly $200 and $260.
Narrative Update Apr 19

DRI: Value Discipline And Core Brand Consistency Will Support Long-Term Upside

The analyst price target for Darden Restaurants has been adjusted higher to reflect a fair value increase of about $4, supported by recent Street research that highlights steady same-store sales expectations at Olive Garden and LongHorn, along with multiple price target increases across major firms. Analyst Commentary Recent Street research shows a cluster of bullish analysts raising price targets on Darden Restaurants, with several firms adjusting their views higher by between $1 and $10.
Narrative Update Apr 03

DRI: Mixed Sector Headwinds And Brand Stability Are Expected To Shape Returns

Analysts have trimmed the fair value estimate for Darden Restaurants to $183.53 from $185.66, reflecting slightly softer assumptions for revenue, profit margin and future P/E even as recent research shows a mix of higher and lower price targets across the Street. Analyst Commentary Street research on Darden has been active, with several firms adjusting price targets and ratings in different directions.
Narrative Update Mar 20

DRI: Sector Headwinds And Slowing Traffic Are Expected To Pressure Shares

Analysts have lifted the implied fair value for Darden Restaurants from about $169.22 to roughly $185.66 per share, reflecting a higher blended price target across recent research that cites relatively stable same-store sales at Olive Garden and LongHorn and ongoing sector headwinds that keep expectations measured. Analyst Commentary Recent Street research paints a mixed picture for Darden Restaurants, with some firms lifting price targets and others turning more cautious.
Narrative Update Mar 06

DRI: Value Discipline And Brand Reshaping Will Support Long-Term Upside

Darden Restaurants' analyst price target has inched slightly higher to $235, with analysts citing the company's value discipline, recent rating upgrades and ongoing sector headwinds that have kept expectations relatively contained. Analyst Commentary Recent research on Darden Restaurants shows a split tape, but there is still a core group of bullish analysts leaning into the story with higher targets and upgrade calls that emphasize value discipline and execution in a tougher restaurant backdrop.
Narrative Update Feb 20

DRI: Value Discipline And New Unit Openings Will Support Long-Term Upside

Narrative Update: Darden Restaurants The updated analyst fair value estimate for Darden Restaurants edges higher to $263.49 from $258.71. Analysts cite slightly stronger assumptions for revenue growth, profit margins, and future P/E, despite mixed recent price target revisions and ratings changes across the Street.
Narrative Update Feb 05

DRI: Beef Tariff Cuts And Value Discipline Will Shape Casual Dining Resilience

Narrative Update: Darden Restaurants The analyst price target for Darden Restaurants has been adjusted modestly higher by about US$1.80 to reflect slightly higher fair value estimates and profit margin assumptions, as analysts weigh recent upgrades that highlight value discipline and sector positioning, while also considering ongoing concerns about sales drivers and a challenging 2026 setup for casual dining. Analyst Commentary Recent research on Darden Restaurants presents a mixed picture, with some analysts more constructive on valuation support and discipline, while others flag earnings and sales uncertainty into 2026.
Narrative Update Jan 22

DRI: Execution And New Unit Expansion Will Support Long-Term Upside Potential

Analysts have trimmed their price targets for Darden Restaurants by about US$2 to reflect slightly lower assumed fair value and P/E multiples, citing a tougher casual dining sales setup into 2026 and limited near term sales drivers, even as some firms still see relative strength in the broader restaurant group. Analyst Commentary Recent research has highlighted a mixed backdrop for Darden Restaurants but also flagged areas where some bullish analysts still see room for the story to work, particularly on execution and valuation relative to the broader restaurant group.
Narrative Update Jan 08

DRI: Future Returns Will Depend On Beef Tariffs And Casual Dining Resilience

Narrative Update The updated analyst price work on Darden Restaurants implies a marginal trim of about US$0.10 to fair value, to US$220.57, as analysts factor in recent price target cuts, mixed ratings, and a tougher 2026 setup for casual dining demand and margins. Analyst Commentary Recent research on Darden Restaurants gives you a mixed but useful snapshot of how the Street is weighing the 2026 setup for casual dining against Darden's current execution and valuation.
Analysis Article Jan 02

Darden Restaurants, Inc. (NYSE:DRI) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Shareholders might have noticed that Darden Restaurants, Inc. ( NYSE:DRI ) filed its second-quarter result this time...
Seeking Alpha Dec 26

Darden Restaurants: Pricing Power, Scale, And The Cost Of Beef Inflation

Summary Darden Restaurants remains a solid 'Buy', leveraging scale and multi-brand diversification to outperform peers despite beef-driven margin compression. DRI's updated FY 2026 guidance raises sales to $13.1–$13.2 billion, with EBITDA margin expected at 13.5–14.5%, reflecting ongoing commodity headwinds. Capital returns remain robust, with $1.18 billion returned in the last twelve months and long-term EPS growth targeted at 6–10% annually. My price target is $215, implying 13.2% upside, with total return potential near 20% when including dividends and buybacks. Read the full article on Seeking Alpha
Narrative Update Dec 25

DRI: Recent Share Pullback Will Set Up Attractive Long-Term Upside

Darden Restaurants' analyst price target has been trimmed by $10 to $230 per share, as analysts cite the recent share pullback as a buying opportunity. They point to management's consistent execution despite slightly softer long term growth assumptions.
Narrative Update Dec 11

DRI: Future Returns Will Depend On Managing Beef Costs And Menu Pricing

We trim our Darden Restaurants price target slightly to approximately $221 from about $221 and maintain a constructive outlook, as analysts cite modestly lower valuation multiples and near term beef driven margin pressure but continue to highlight resilient same store sales trends, solid execution and supportive long term demand across key banners. Analyst Commentary Street research on Darden following its latest results reflects a mixed but generally constructive stance, with most firms trimming price targets while reiterating positive long term views on execution, traffic resilience and brand positioning.
Narrative Update Nov 27

DRI: Future Performance Will Depend On Navigating Beef Inflation And Menu Pricing

Darden Restaurants’ analyst price target has been trimmed by less than $1 to $221. Analysts cite mixed performance in recent earnings, ongoing inflationary pressures, and continued strength in core brands like Olive Garden as factors shaping their slightly more cautious outlook.
Narrative Update Nov 11

DRI: Future Margin Expansion Will Rely On Managing Beef Inflation Risks

Darden Restaurants' analyst fair value target edged slightly lower to $221.50, as analysts cite persistent beef inflation and recent earnings misses, which are offset by continued solid sales trends and an overall positive long-term outlook. Analyst Commentary Recent street research reveals a range of views on Darden Restaurants following the company's latest quarterly updates.
Narrative Update Oct 27

Share Price Weakness And Menu Focus Will Define Restaurant Sector Momentum

Darden Restaurants’ average analyst price target has declined modestly, falling by several dollars as analysts cite slightly pressured margins and earnings amid higher input costs. However, they continue to highlight the company’s strong market positioning and resilient sales momentum.
Narrative Update Sep 20

Uber Direct And New Restaurant Formats Will Transform Casual Dining

Darden Restaurants’ consensus price target was revised down from $233.29 to $224.86 as analysts responded to a modest earnings miss, lower guidance, and margin pressures, despite ongoing strength in same-store sales and positive long-term drivers. Analyst Commentary Recent price target changes reflect a modest earnings miss and guidance below elevated expectations, prompting some downward revisions, though several analysts remain positive on the long-term outlook.
Analysis Article Sep 09

Estimating The Fair Value Of Darden Restaurants, Inc. (NYSE:DRI)

Key Insights The projected fair value for Darden Restaurants is US$183 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Aug 08

Does Darden Restaurants (NYSE:DRI) Have A Healthy Balance Sheet?

NYSE:DRI 1 Year Share Price vs Fair Value Explore Darden Restaurants's Fair Values from the Community and select yours...
Analysis Article May 08

Unpleasant Surprises Could Be In Store For Darden Restaurants, Inc.'s (NYSE:DRI) Shares

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 17x, you may...
Seeking Alpha Apr 20

Darden: A Win Streak With An Expiration Date

Summary Darden's stock has outperformed this year, gaining 9% YTD, despite broader market declines and weaker consumer spending impacting the restaurant sector. The company is guiding to a sharp improvement in same-restaurant sales in Q4, which I find difficult to believe given weakening trends in Q3 and worsening macro conditions. Darden has exposure to tariffs: ~20% of its cost basket is sourced overseas, while macro tightness will force consumers to think twice about spending to eat out. Darden's stretched valuation at ~21x forward P/E inspires little confidence, leading me to reiterate my sell opinion. Read the full article on Seeking Alpha
Seeking Alpha Mar 30

Darden Restaurants' Earnings: The Valuation Gap With The Industry Offers Upside

Summary Darden Restaurants' strong financial performance, including high margins and solid FCF, supports its resilience and attractiveness to investors despite industry challenges. Recent earnings report shows positive developments, including successful partnerships and efficient cost management, leading to all-time high stock prices. Valuation remains appealing with potential upside, as Darden's profitability outshines competitors like Texas Roadhouse, and future growth prospects remain solid. Weather-related sales dip is seen as temporary, with expectations for a stronger Q4 and continued positive growth driven by strategic acquisitions and expansions. Read the full article on Seeking Alpha
Seeking Alpha Jan 21

Darden: Terrible Price For Slower Comparable Sales Trends And Inflation Risks

Summary Restaurant chains like Darden have reported positive same-store sales growth by pushing price increases onto customers. However, SSS is trailing behind fast-casual peers. Inflation continues to hit some of Darden's core input costs, especially beef. In an inflation-sensitive environment, its ability to keep raising prices will be limited. The company recently acquired Tex-Mex chain Chuy's to spur revenue growth. However, the acquisition has left Darden with a heavy debt load. Darden's ~19x P/E multiple doesn't discount the stock enough for its operational risks, and sits at a richer premium relative to peers like The Cheesecake Factory. Read the full article on Seeking Alpha
Seeking Alpha Dec 19

Darden Restaurants: Solid Q2 Results Reflected In Valuation (Downgrade)

Summary Darden Restaurants, Inc.'s stock surged 14% after strong earnings, with shares up 28% since my last 'buy' rating, surpassing my $160 price target. Darden's revenue grew 6% to $2.9 billion, driven by same-restaurant sales, M&A, and margin recovery, with Olive Garden and LongHorn performing well. Updated guidance projects $12.1 billion in sales and $9.45-$9.65 EPS, and the stock is supported by a solid balance sheet, share repurchases, and a secure 3.5% dividend yield. I am downgrading DRI stock to 'hold' as upside potential is limited; ongoing sales momentum and secure dividend suggest no urgency to sell. Read the full article on Seeking Alpha
Seeking Alpha Nov 27

Darden Restaurants Cooks Up Future Growth As Consumer Confidence Sizzles

Summary Today I'm initiating coverage of Darden Restaurants with a buy rating, driven largely by growth indicators and strong macro consumer forecasts. The +3% dividend yield beats several peers, an attractive play for dividend investors who want portfolio exposure to restaurants. Despite trading near a 10-year high, the stock remains undervalued on forward P/E and EV/EBITDA ratios vs. key peers. The recent acquisition of Chuy's brands may lead to integration costs, although Darden's low debt-to-equity and strong credit ratings point to strong overall financial health. Read the full article on Seeking Alpha
Seeking Alpha Sep 25

Darden Restaurants: Partnership With Uber Could Bring Incremental Sales

Summary Darden Restaurants is adapting to challenging market conditions with value promotions, menu innovations, and strategic partnerships, such as the new ToGo partnership with Uber. Olive Garden's reintroduction of the 'Never Ending Pasta Bowl' and other value-driven initiatives have significantly boosted traffic and comparable sales in recent months. LongHorn Steakhouse continues to outperform with positive comparable sales and traffic, driven by its resilience and strategic menu offerings without relying on value promotions. I recommend a 'Buy' rating for Darden Restaurants, with a target price of $175-$180, anticipating further growth from promotional and operational improvements. Read the full article on Seeking Alpha
User avatar
New Narrative Sep 24

Uber Direct And Menu Innovations Set To Enhance Dining Experience And Boost Sales

Expansion into delivery services with Uber Direct could enhance off-premise sales by meeting customer demands for convenience without impacting dining experience.

Shareholder Returns

DRIUS HospitalityUS Market
7D-2.7%2.0%3.2%
1Y-1.9%3.4%31.0%

Return vs Industry: DRI underperformed the US Hospitality industry which returned 3.4% over the past year.

Return vs Market: DRI underperformed the US Market which returned 31% over the past year.

Price Volatility

Is DRI's price volatile compared to industry and market?
DRI volatility
DRI Average Weekly Movement3.9%
Hospitality Industry Average Movement7.6%
Market Average Movement7.1%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: DRI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: DRI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1938197,924Rick Cardenaswww.darden.com

Darden Restaurants, Inc., together with its subsidiaries, owns and operates full-service restaurants in the United States and Canada. The company operates under Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Chuy’s, Yard House, Ruth’s Chris Steak House, The Capital Grille, Seasons 52, Eddie V’s Prime Seafood, Bahama Breeze, The Capital Burger, Darden and Darden Restaurants brand names. Darden Restaurants, Inc. was founded in 1938 and is based in Orlando, Florida.

Darden Restaurants, Inc. Fundamentals Summary

How do Darden Restaurants's earnings and revenue compare to its market cap?
DRI fundamental statistics
Market capUS$22.41b
Earnings (TTM)US$1.11b
Revenue (TTM)US$12.76b
20.1x
P/E Ratio
1.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DRI income statement (TTM)
RevenueUS$12.76b
Cost of RevenueUS$10.02b
Gross ProfitUS$2.75b
Other ExpensesUS$1.64b
EarningsUS$1.11b

Last Reported Earnings

Feb 22, 2026

Next Earnings Date

n/a

Earnings per share (EPS)9.69
Gross Margin21.51%
Net Profit Margin8.70%
Debt/Equity Ratio117.0%

How did DRI perform over the long term?

See historical performance and comparison

Dividends

3.1%
Current Dividend Yield
62%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 23:02
End of Day Share Price 2026/05/07 00:00
Earnings2026/02/22
Annual Earnings2025/05/25

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Darden Restaurants, Inc. is covered by 47 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
David TarantinoBaird
Jeffrey BernsteinBarclays