Morgan Gerald L. sold $3.0M of TXRH

StoneX upgraded Texas Roadhouse to Buy with a $200 price target, implying a 25.8% upside from the Oct 5 close. The firm expects traffic decline to be temporary and highlights strong growth potential.

StoneX upgraded Texas Roadhouse to Buy from Hold, setting a $200 price target. The analyst cites the company's leadership in casual dining and compelling risk/reward after a share pullback. Texas Roadhouse is seen as a high-quality operator that can widen its competitive advantage during economic stress.

Evercore ISI upgraded Texas Roadhouse (TXRH) to 'Outperform' from 'In Line,' citing a recent 25% share price drop as a buying opportunity. The firm cut its price target to $200 from $220, suggesting 27.6% upside from the last close.

Evercore ISI upgraded Texas Roadhouse (TXRH) to Outperform with a $200 price target, citing a 25% stock pullback and oversold conditions. The firm expects mid-teens earnings growth and a return to traffic growth above 2%. TXRH reported Q2 2026 revenue of $1.74B, beating estimates, with 6.2% same-store sales growth. Analysts have mixed ratings and price targets for the stock.

Jim Cramer commented on Casey's General Stores (CASY) and Texas Roadhouse (TXRH), noting oil prices are affecting both. CASY's fuel margins rose to 47.8 cents per gallon, but future earnings may be pressured. TXRH faces cost inflation, with commodity and labor costs up 7% and 3.9%, respectively. Both companies reported recent financial improvements.

Texas Roadhouse (TXRH) said Q2 2026 results showed higher sales at new restaurants. Units open less than six months averaged $180,822 weekly sales, up 10.4% y/y. Systemwide restaurants rose to 832. Q2 revenue rose 11.1% to about $1.68B, net income was $121.9M, and diluted EPS was $1.85. Management expects 2026 store-week growth of 5% to 6% and about $400M capex.