New Analyst Forecast: $BLMN Given 'Equal-Weight' Rating

We just received data on a new analyst forecast for $BLMN. Barclays gave a rating of 'Equal-Weight' for $BLMN.

$BLMN Analyst Ratings

Wall Street analysts have issued reports on $BLMN in the last several months. We have seen 0 firms issue buy ratings on the stock, and 2 firms issue sell ratings.

Here are some recent analyst ratings:

• B of A Securities issued a "Underperform" rating on 04/21/2025
• Goldman Sachs issued a "Sell" rating on 02/27/2025

To track analyst ratings and price targets for $BLMN, check out Quiver Quantitative's $BLMN forecast page.

$BLMN Price Targets

Multiple analysts have issued price targets for $BLMN recently. We have seen 7 analysts offer price targets for $BLMN in the last 6 months, with a median target of $10.0.

Here are some recent targets:

• Jeffrey Bernstein from Barclays set a target price of $9.0 on 07/17/2025
• John Glass from Morgan Stanley set a target price of $10.0 on 07/14/2025
• John Ivankoe from JP Morgan set a target price of $10.0 on 06/25/2025
• Dennis Geiger from UBS set a target price of $8.5 on 05/05/2025
• Justin Post from B of A Securities set a target price of $8.0 on 04/21/2025
• Christine Cho from Goldman Sachs set a target price of $10.0 on 02/27/2025
• Andrew Strelzik from BMO Capital set a target price of $12.0 on 02/27/2025

$BLMN Insider Trading Activity

$BLMN insiders have traded $BLMN stock on the open market 4 times in the past 6 months. Of those trades, 3 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $BLMN stock by insiders over the last 6 months:

• MIKE SPANOS (CEO) purchased 118,000 shares for an estimated $1,018,340
• ROHIT LAL purchased 10,000 shares for an estimated $96,199
• PATRICK M HAFNER (EVP, Pres Outback Steakhouse) sold 9,555 shares for an estimated $79,497
• JULIE T. KUNKEL purchased 1,500 shares for an estimated $14,910

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$BLMN Hedge Fund Activity

We have seen 128 institutional investors add shares of $BLMN stock to their portfolio, and 118 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• DEPRINCE RACE & ZOLLO INC removed 2,401,629 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $17,219,679
• VICTORY CAPITAL MANAGEMENT INC removed 2,104,374 shares (-88.0%) from their portfolio in Q1 2025, for an estimated $15,088,361
• BARCLAYS PLC removed 1,994,182 shares (-94.7%) from their portfolio in Q1 2025, for an estimated $14,298,284
• WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 1,649,084 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $11,823,932
• MILLENNIUM MANAGEMENT LLC added 1,268,988 shares (+123.1%) to their portfolio in Q1 2025, for an estimated $9,098,643
• SCHONFELD STRATEGIC ADVISORS LLC removed 1,254,428 shares (-80.0%) from their portfolio in Q1 2025, for an estimated $8,994,248
• CITADEL ADVISORS LLC added 1,202,636 shares (+144.5%) to their portfolio in Q1 2025, for an estimated $8,622,900

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.