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DRIDarden Restaurants, Inc.Sell6.1·$196.31+1.13%
SellModerate Confidence
Investment thesis

A clean technical breakout pattern with positive news flow has lifted the stock to within a fraction of its resistance-based price target, but two consecutive earnings misses and a debt-to-equity ratio of 3.9 argue that the risk/reward at current prices is unfavorable and does not support initiating a new position ahead of earnings in nine days.

Thesis pillars

  • Recent Earnings Execution ConcernStable
  • Price At Resistance CeilingStable
  • Leverage Constrains FlexibilityImproving
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Darden Restaurants, Inc. (DRI) Stock Analysis

Range Bound setup

SellVALUE-TRAP 1/5GrowthModerate Confidence

Consumer Cyclical · Restaurants

Sell if holding. At $196.31, A.R:R 0.8:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 3.6): -1.5; Thin upside margin: 4.7%.

Darden Restaurants owned and operated 2,159 full-service restaurants under 11 brands including Olive Garden, LongHorn Steakhouse, and Ruth's Chris in the U.S. and Canada as of May 25, 2025. The company generated $12.1 billion in total sales in fiscal 2025 across four segments:... Read more

$196.31+4.7% A.UpsideScore 6.1/10#6 of 32 Restaurants
QualityF-score6 / 9FCF yield4.78%
IncomeYield3.12%(5y avg 3.00%)Payout57.47%sustainable
Stop $185.25Target $205.50(analyst − 10%)A.R:R 0.8:1
Analyst target$228.33+16.3%24 analysts
$205.50our TP
$196.31price
$228.33mean
$156
$276

Sell if holding. At $196.31, A.R:R 0.8:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 3.6): -1.5; Thin upside margin: 4.7%. Chart setup: RSI 42 mid-range, Bollinger mid-band. Score 6.1/10, moderate confidence.

Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 60d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.

10-K grounded · weekly refresh

About Darden Restaurants, Inc.

About Darden Restaurants, Inc.

Darden Restaurants generated $12,076.7 million in total sales in fiscal 2025 across 2,159 company-owned restaurants in the United States and Canada, reported through four segments: Olive Garden, LongHorn Steakhouse, Fine Dining (Ruth's Chris, The Capital Grille, and Eddie V's), and Other Business. The company added Chuy's to its portfolio through a $649.1 million all-cash acquisition completed in October 2024, and it franchises an additional 154 restaurants internationally, including in Latin America and Asia.

Darden earns revenue from food and beverage sales across full-service dining formats ranging from Olive Garden's roughly $24 average check per person to fine-dining brands Ruth's Chris and Eddie V's, which average $104.50 and $123 respectively; alcohol represents as little as 4.7% of Olive Garden's sales and as much as 30% of Yard House's. Restaurants are typically staffed with 35 to 200 hourly team members depending on brand and size, and a new restaurant takes about 250 days to open once a site is acquired and permitted. Operating margins are exposed to the price and availability of beef, pork, chicken, seafood, cheese, butter, and produce, as well as labor, health care, and utility costs, none of which the 10-K ties to a single named supplier or commodity. Darden states it does not rely on any major customer as a source of sales, reflecting its base of individual dine-in guests rather than institutional buyers.

Show full overview

Darden's portfolio management is entering an active pruning phase distinct from its acquisition-led growth story: on its June 2025 earnings call, the company announced it is exploring strategic alternatives for Bahama Breeze, including a possible sale or conversion of some or all of its 28 company-operated locations to other Darden brands, and the fiscal 2026 growth table excludes Bahama Breeze from pro-forma new-unit plans while projecting 16 closures against zero planned openings for the brand. This makes Bahama Breeze a live divestiture candidate even as Darden simultaneously integrates the newly acquired, expansion-stage Chuy's chain, a bifurcated brand strategy the 10-K does not extend to any of its other eight concepts.

See also: Consumer Cyclical · Restaurants

From Darden Restaurants, Inc.'s most recent 10-K filing, extracted July 26, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-26
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Sep 24, 202660d to earnings· next earnings call

Thesis

Rewards
Strong growth profile
Positive insider activity
Risks
Thin upside margin: 4.7%
Leverage penalty (D/E 3.6): -1.5
Consecutive earnings misses (2)

Key Metrics

P/E (TTM)18.8
P/E (Fwd)15.8
Mkt Cap$22.5B
EV/EBITDA14.1
Profit Mgn9.1%
ROE53.7%
Rev Growth13.7%
Beta0.58
Dividend3.12%
Rating analysts34

Quality Signals

Piotroski F6/9MoatNarrow

Options Flow

P/C0.73neutral
IV39%normal
Max Pain$135-31.2% vs spot

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesMomentum 4.1<4.5A.R:R 0.8 < 1.5@spotInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 60d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Moderate
RSI
42 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $190.98Resistance $212.26

Price Targets

$185
$206
A.Upside+4.7%
A.R:R0.8:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! momentum at 4.1 (below the engine's 4.5 threshold)
! asymmetry at 0.8 (below the engine's 1.5 threshold)@spot

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-09-24 (60d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is DRI stock a buy right now?

Sell if holding. At $196.31, A.R:R 0.8:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 3.6): -1.5; Thin upside margin: 4.7%. Chart setup: RSI 42 mid-range, Bollinger mid-band. Prior stop was $185.25. Score 6.1/10, moderate confidence.

What is the DRI stock price target?

Take-profit target: $205.50 (+4.7% upside). Prior stop was $185.25. Stop-loss: $185.25.

What are the risks of investing in DRI?

Thin upside margin: 4.7%; Leverage penalty (D/E 3.6): -1.5; Consecutive earnings misses (2).

Is DRI overvalued or undervalued?

Darden Restaurants, Inc. trades at a P/E of 18.8 (forward 15.8). TrendMatrix value score: 6.1/10. Verdict: Sell.

What do analysts say about DRI?

34 analysts cover DRI with a consensus score of 3.8/5. Average price target: $228.

What does Darden Restaurants, Inc. do?Darden Restaurants owned and operated 2,159 full-service restaurants under 11 brands including Olive Garden, LongHorn...

Darden Restaurants owned and operated 2,159 full-service restaurants under 11 brands including Olive Garden, LongHorn Steakhouse, and Ruth's Chris in the U.S. and Canada as of May 25, 2025. The company generated $12.1 billion in total sales in fiscal 2025 across four segments: Olive Garden, LongHorn Steakhouse, Fine Dining, and Other Business.

Related stocks: YUM (Yum! Brands, Inc.) · YUMC (Yum China Holdings, Inc.) · QSR (Restaurant Brands International) · MCD (McDonald's Corporation) · SHAK (Shake Shack, Inc.)
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