Guggenheim Rates Darden Restaurants (DRI) buy, $235 Price Target

Guggenheim reiterates its 'buy' rating for Darden Restaurants with a price target of $235, a 11.32% upside from the current price.

By EarningsIQ Research Desk · Published Jun 24, 2026, 10:02 AM EDT · Updated Jun 26, 2026, 1:02 PM EDT

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Guggenheim rated Darden Restaurants, Inc. ($DRI) "buy" with a $235 price target on June 24, 2026.

Since the rating, $DRI is down 5.4% after 1 week, down 7.3% after 1 month and up 3.0% to date (from the $210.03 close on Jun 24, 2026).

DRI Darden Restaurants, Inc.

$216.35 +19.23% year to date

Daily close · Oct 16, 2026

Key Points

On June 24, 2026, Guggenheim reiterated its 'buy' rating for Darden Restaurants, Inc. with a target price of $235.
Guggenheim's $235 price target implies 11.32% upside from Darden Restaurants, Inc.'s ($DRI) current $211.10 share price.
The stock closed at $211.10 on the same day, showing a slight increase from the previous close of $209.28.
Darden Restaurants has a market cap of about $23.99 billion and operates popular brands like Olive Garden and LongHorn Steakhouse.

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Guggenheim's Continued Confidence in Darden

On June 24, 2026, Guggenheim reiterated its 'buy' rating for Darden Restaurants, Inc. (NYSE: DRI) with a target price of $235. This reflects the firm's ongoing confidence in the company's ability to perform well in the consumer cyclical sector, particularly in the restaurant industry.

Darden's stock closed at $211.10, a slight rise from the previous close of $209.28. The company has seen a trading range between $169.00 and $229.76 over the last year, indicating strong market interest. With a market cap of approximately $23.99 billion, Darden operates well-known brands like Olive Garden and LongHorn Steakhouse, contributing to its stable revenue base.

Analysts Set New Price Targets

Multiple firms have provided insights into Darden's stock recently. On September 25, 2026, Citigroup maintained a 'Buy' rating with a target of $247.00, while Mizuho kept an 'Outperform' rating with a target of $245.00. Guggenheim’s target remains consistent at $235.00, signaling a steady outlook among analysts. The consensus among 26 analysts gives Darden a mean price target of about $232.96, with a recommendation leaning towards 'buy'.

What Darden Restaurants, Inc. Does

Darden Restaurants, Inc. owns and operates a variety of full-service restaurants across the U.S. and Canada. With popular dining options like Olive Garden and Ruth's Chris Steak House, the company has established itself as a leader in the restaurant industry, making its stock a focus for investors.

What's Ahead for Darden Restaurants, Inc.

Investors will be watching for Darden's next earnings report scheduled for September 24, 2026. As the company continues to navigate market challenges, Guggenheim's consistent rating shows confidence in its future performance. Remember, this rating reflects past holdings and may not represent current positions.

12-month forecast