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investing.comOCT 302 min read$QSR

BMO reiterates Restaurant Brands stock rating on strong Burger King results

BMO Capital reiterated an Outperform rating and $91.00 price target for Restaurant Brands International (QSR). Q3 2026 EBITDA was $829M, slightly below estimates, but EPS of $1.10 beat expectations. Burger King's comparable sales rose 8.3%, and Tim Hortons showed rebound. QSR's P/E ratio is 18.44, and PEG ratio is 0.3, suggesting attractive valuation. The company reiterated its 2026 guidance, and BMO expects continued growth.

Original reporting
investing.com
Published Oct 30, 2026, 11:44 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 30, 2026, 11:51 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefEarnings
Primary signal
$QSR
Bullish
high confidence
Mentioned
$QSR
Relevance
8/10
AlphAI data visualization · based on investing.com
Decision brief

The 30-second read

$QSRBullishHigh
01

Why it matters

The earnings beat on EPS and strong Burger King sales underpin the rating upgrade, suggesting potential price appreciation.

02

Market read

QSR's earnings beat EPS and rating upgrade could drive a bullish move in the stock.

03

What to watch

Rising input costs and competitive pricing may pressure margins.

Relevance 8/10Novelty 8/10Timing: after earnings release

Background

BMO reiterated its Outperform rating and set a $91 price target for QSR following the company's Q3 2026 earnings release.

Company-level read

Ticker impact

$QSRBullishHigh confidence
Context

BMO reiterated an Outperform rating and $91 price target on QSR after its Q3 2026 earnings beat EPS expectations.

Expected impact

likely upside as the market prices in the rating upgrade and price target.

Evidence & confidence

Better-than-expected EPS and strong Burger King comparable sales support a potential price rise.

Market effects

Sector

Fast‑food sector may benefit from strong comparable sales at Burger King.

Regional

North American consumer‑discretionary sentiment could improve.

Global

International exposure of Restaurant Brands may lift global consumer‑discretionary outlook.

Counterpoint

What could challenge this read

Revenue miss and cost pressures could limit upside despite the rating upgrade.

Key entities

  • company
    Restaurant Brands International Inc.

    Parent of Burger King and Tim Hortons, ticker QSR.

  • financial_institution
    BMO Capital

    Analyst firm that issued the rating reiteration.

Read at source← All news

StoryRestaurant Brands International posts Q3 2026 results with strong Burger King sales and mixed overall performance

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