Robert W. Baird Issues Positive Forecast for Cheesecake Factory (NASDAQ:CAKE) Stock Price

Cheesecake Factory (NASDAQ:CAKE) had its price target lifted by analysts at Robert W. Baird from $65.00 to $90.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the restaurant operator’s stock. Robert W. Baird’s target price indicates a potential upside of 1.11% from the stock’s previous close.

CAKE has been the subject of a number of other research reports. JPMorgan Chase & Co. raised Cheesecake Factory from an “underweight” rating to a “neutral” rating and boosted their price target for the company from $58.00 to $68.00 in a research note on Thursday, May 14th. Bank of America boosted their target price on shares of Cheesecake Factory from $66.00 to $79.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Mizuho reaffirmed a “neutral” rating and set a $85.00 price target (up from $75.00) on shares of Cheesecake Factory in a report on Friday. Morgan Stanley set a $80.00 price target on shares of Cheesecake Factory and gave the stock an “equal weight” rating in a research report on Wednesday. Finally, UBS Group lifted their price objective on shares of Cheesecake Factory from $53.00 to $60.00 and gave the company a “sell” rating in a research note on Thursday, July 23rd. Five equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $76.81.

Cheesecake Factory Stock Up 2.3%

Shares of CAKE opened at $89.01 on Wednesday. The company has a current ratio of 0.59, a quick ratio of 0.53 and a debt-to-equity ratio of 1.22. Cheesecake Factory has a 12 month low of $43.07 and a 12 month high of $89.22. The firm’s 50 day moving average is $75.16 and its 200-day moving average is $65.29. The stock has a market capitalization of $4.42 billion, a PE ratio of 26.03, a P/E/G ratio of 2.03 and a beta of 1.01.

Cheesecake Factory (NASDAQ:CAKE) last issued its quarterly earnings results on Tuesday, July 28th. The restaurant operator reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.26. The business had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $999.54 million. Cheesecake Factory had a return on equity of 43.74% and a net margin of 4.34%.The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.16 earnings per share. Equities research analysts forecast that Cheesecake Factory will post 4.06 EPS for the current year.

Insider Buying and Selling

In other Cheesecake Factory news, Director Alexander L. Cappello sold 2,490 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $64.90, for a total transaction of $161,601.00. Following the sale, the director owned 6,171 shares of the company’s stock, valued at approximately $400,497.90. The trade was a 28.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman David Overton sold 104,000 shares of the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $61.02, for a total value of $6,346,080.00. Following the completion of the transaction, the chairman owned 3,079,779 shares of the company’s stock, valued at $187,928,114.58. The trade was a 3.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 8.00% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CAKE. Salomon & Ludwin LLC boosted its position in Cheesecake Factory by 226.5% during the 4th quarter. Salomon & Ludwin LLC now owns 604 shares of the restaurant operator’s stock worth $33,000 after buying an additional 419 shares during the period. Global Retirement Partners LLC increased its position in Cheesecake Factory by 661.7% in the 4th quarter. Global Retirement Partners LLC now owns 716 shares of the restaurant operator’s stock valued at $36,000 after acquiring an additional 622 shares during the period. NFSG Corp raised its stake in shares of Cheesecake Factory by 115.8% during the first quarter. NFSG Corp now owns 682 shares of the restaurant operator’s stock valued at $37,000 after acquiring an additional 366 shares during the last quarter. Root Financial Partners LLC raised its stake in shares of Cheesecake Factory by 973.2% during the fourth quarter. Root Financial Partners LLC now owns 880 shares of the restaurant operator’s stock valued at $44,000 after acquiring an additional 798 shares during the last quarter. Finally, Arax Advisory Partners acquired a new position in shares of Cheesecake Factory during the fourth quarter worth $50,000. Institutional investors own 94.48% of the company’s stock.

Cheesecake Factory News Roundup

Here are the key news stories impacting Cheesecake Factory this week:

• Positive Sentiment: CAKE reported second-quarter EPS of $1.44, well above the $1.17–$1.18 analyst consensus and up from $1.16 a year earlier. Revenue increased 7.7% year over year to $1.03 billion, exceeding expectations of approximately $1.00 billion. Cheesecake Factory Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management attributed the stronger quarter to increased customer traffic, menu innovation and marketing initiatives, suggesting improving demand at the restaurant chain. Cheesecake Factory Reports Higher Profit, Sales
• Positive Sentiment: Full-year 2026 revenue guidance was set at approximately $4.0 billion, above the roughly $3.9 billion consensus. Third-quarter revenue guidance of $980 million to $990 million also exceeds analysts’ estimate of $946 million, providing a favorable near-term outlook. Cheesecake Factory Posts Strong Q2 Growth, Reaffirms Expansion
• Positive Sentiment: Oppenheimer raised its CAKE price target from $72 to $91 and maintained an “outperform” rating, reinforcing the positive analyst reaction to the results. Cheesecake Factory Stock Price Expected to Rise
• Neutral Sentiment: The company continues to pursue restaurant expansion, including a planned Concord Mills, North Carolina location in 2026. The opening supports long-term unit growth but is unlikely to materially affect near-term results. Cheesecake Factory Is Coming to Concord Mills
• Neutral Sentiment: CAKE’s valuation has risen alongside its recent rally, with a P/E ratio near 26 and the stock trading close to its 12-month high. The strong results support the valuation, but they also leave less room for disappointment.

Cheesecake Factory Company Profile

The Cheesecake Factory Incorporated (NASDAQ:CAKE) is an American restaurant company and distributor renowned for its full-service casual-dining concept and specialty cheesecakes. Headquartered in Calabasas Hills, California, the company operates more than 200 restaurants under The Cheesecake Factory® brand across the United States, Puerto Rico and select international markets. In addition to sit-down dining, Cheesecake Factory franchised locations offer catering and take-out services, while a separate manufacturing arm supplies branded cheesecakes and desserts to supermarkets, hotels and other foodservice operators.

The origins of the brand trace back to a small cheesecake bakery founded in Detroit in the 1940s.