Recent Research Analysts’ Ratings Updates for Texas Roadhouse (TXRH)

Several analysts have recently updated their ratings and price targets for Texas Roadhouse (NASDAQ: TXRH):

• 10/30/2026 – Texas Roadhouse had its price target raised by Mizuho from $190.00 to $220.00. They now have an “outperform” rating on the stock.
• 10/23/2026 – Texas Roadhouse had its price target lowered by Citigroup from $209.00 to $189.00. They now have a “neutral” rating on the stock.
• 10/16/2026 – Texas Roadhouse had its price target lowered by TD Cowen from $230.00 to $195.00. They now have a “buy” rating on the stock.
• 10/15/2026 – Texas Roadhouse had its price target raised by Morgan Stanley from $212.00 to $221.00. They now have an “overweight” rating on the stock.
• 10/15/2026 – Texas Roadhouse was upgraded by Stephens from “equal weight” to “overweight”. They now have a $205.00 price target on the stock.
• 10/14/2026 – Texas Roadhouse was upgraded by Vertical Research to “buy”.
• 10/14/2026 – Texas Roadhouse was downgraded by Barclays from “equal weight” to “cautious”.
• 10/14/2026 – Texas Roadhouse was upgraded by Jefferies Financial Group from “hold” to “buy”. They now have a $190.00 price target on the stock, up from $186.00.
• 10/14/2026 – Texas Roadhouse was upgraded by Jefferies Financial Group from “hold” to “buy”. They now have a $190.00 price target on the stock, up from $186.00.
• 10/6/2026 – Texas Roadhouse was upgraded by Benchmark from “hold” to “strong-buy”.
• 10/5/2026 – Texas Roadhouse had its price target lowered by Royal Bank Of Canada from $235.00 to $220.00. They now have an “outperform” rating on the stock.
• 10/2/2026 – Texas Roadhouse had its “sector weight” rating reaffirmed by KeyCorp.
• 9/29/2026 – Texas Roadhouse had its price target lowered by JPMorgan Chase & Co. from $202.00 to $200.00. They now have a “neutral” rating on the stock.
• 9/25/2026 – Texas Roadhouse was given a new $220.00 price target by Evercore.
• 9/16/2026 – Texas Roadhouse is now covered by Seaport Research Partners. They set a “buy” rating and a $195.00 price target on the stock.
• 9/15/2026 – Texas Roadhouse is now covered by Seaport Research Partners. They set a “buy” rating and a $195.00 price target on the stock.
• 9/9/2026 – Texas Roadhouse was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.

Texas Roadhouse Stock Down 1.4%

TXRH opened at $184.49 on Wednesday. The stock has a market cap of $12.11 billion, a PE ratio of 29.52, a P/E/G ratio of 2.03 and a beta of 0.81. The company has a quick ratio of 0.39, a current ratio of 0.46 and a debt-to-equity ratio of 0.03. Texas Roadhouse, Inc. has a 52 week low of $153.82 and a 52 week high of $216.30. The business’s fifty day simple moving average is $173.43 and its 200 day simple moving average is $179.11.

Texas Roadhouse (NASDAQ:TXRH) last posted its quarterly earnings data on Thursday, August 6th. The restaurant operator reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.02. The firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Texas Roadhouse had a return on equity of 27.20% and a net margin of 6.63%. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.86 EPS. As a group, research analysts expect that Texas Roadhouse, Inc. will post 6.48 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Texas Roadhouse news, CEO Gerald Morgan sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $202.17, for a total value of $3,032,550.00. Following the completion of the sale, the chief executive officer owned 80,970 shares of the company’s stock, valued at $16,369,704.90. This represents a 15.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gregory Moore sold 3,000 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $208.32, for a total transaction of $624,960.00. Following the transaction, the director owned 26,900 shares in the company, valued at $5,603,808. The trade was a 10.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 19,970 shares of company stock worth $4,061,808 over the last ninety days. Corporate insiders own 0.50% of the company’s stock.

Texas Roadhouse, Inc (NASDAQ: TXRH) operates full-service casual dining restaurants under the Texas Roadhouse, Bubba’s 33 and Jaggers brands. Its restaurants serve made-from-scratch meals centered on hand-cut steaks, ribs, chicken, seafood, burgers and other American-style dishes, along with freshly baked rolls and a selection of beverages.

Founded in 1993, Texas Roadhouse began with its first restaurant in Clarksville, Indiana. The company’s restaurant network includes company-owned and franchised locations across the United States, as well as international locations.