$TXRH

Texas Roadhouse (TXRH) reported 832 restaurants, 4.9% unit growth, and 6.1% same-store sales growth, but faces margin pressure with a 16.4% gross margin. The company maintains a $0.75 quarterly dividend, signaling commitment to shareholder returns despite cost challenges. Analysts project $8.0 billion revenue and $636.9 million earnings by 2029, with some estimates suggesting 33% upside.

B. Riley upgraded Skyworks (SWKS) to Buy with a $107 price target, citing faster Qorvo deal closure. Evercore ISI upgraded Procter & Gamble (PG) to Outperform with a $166 target. Deutsche Bank upgraded Penn Entertainment (PENN) to Buy with a $25 target. StoneX upgraded Texas Roadhouse (TXRH) to Buy with a $200 target. Citi upgraded JetBlue (JBLU) to Neutral with a $4.50 target. Berenberg downgraded Nike (NKE) to Sell with a $27.50 target, citing its smaller sportswear position.

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.

Stock futures dip as European debt concerns weigh on markets. Nvidia rises 0.6% on AI infrastructure spending, while Intel falls 4% amid TSMC-Terafab collaboration talks. Several companies see significant premarket moves: ALVO +8%, CBRS +4.5%, DKNG +4.6%, EL +2.8%, HOG +5.7%, PCVX +56%, PTC +36%, RXO +20%, TSM +1.6%, TXRH +2.2%, WFC +2.2%. US economic data and Fed speakers are on the calendar.

Analysts made several calls on Monday. Morgan Stanley upgraded Wells Fargo to overweight, citing improved balance sheet growth. Bank of America initiated Vylor with a buy rating and $78 price target. Bernstein reiterated Nvidia as outperform, highlighting its datacenter opportunity. BMO initiated nVent Electric and Vertiv as outperform, citing growth in AI infrastructure and data centers. Jefferies initiated Samsara as buy, expecting strong revenue growth.

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.

KeyBanc kept its Sector Weight rating on Texas Roadhouse (TXRH) after a headquarters visit. The stock is near its 52-week low at $156.70. Management discussed long-term strategies, new restaurant growth, and beef cost dynamics. TXRH reported Q2 2026 revenue of $1.74B, beating expectations, with varied analyst price targets ranging from $200 to $230.

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.

Analysts updated ratings and price targets for Booking Holdings (BKNG), PVH (PVH), and Texas Roadhouse (TXRH). Bernstein maintained a Hold rating on BKNG with a $188 target. Goldman Sachs kept a Buy rating on PVH with an $88 target. Wells Fargo reiterated a Buy rating on TXRH with a $230 target. Consensus targets are $235.67 for BKNG, $88.30 for PVH, and $221.50 for TXRH.

Analog Devices, SS&C Technologies, Texas Roadhouse, Interactive Brokers, and Patterson UTI Energy announced dividend payouts. Analog Devices will pay $533 million, or $1.10 per share. Other companies' payouts range from $38.1 million to $70.4 million. Micron Technology reported doubling revenue per employee to $1,703 in May 2026. Microsoft and Alphabet disclosed significant capital expenditures on AI. European markets showed mixed performance, with the DAX down 2.28% and the FTSE 100 down 0.22%.