Cheesecake Factory (CAKE) – Research Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Cheesecake Factory (NASDAQ: CAKE):

• 7/30/2026 – Cheesecake Factory had its price target raised by Argus from $72.00 to $110.00. They now have a “buy” rating on the stock.
• 7/29/2026 – Cheesecake Factory had its price target raised by Oppenheimer Holdings, Inc. from $91.00 to $101.00. They now have an “outperform” rating on the stock.
• 7/29/2026 – Cheesecake Factory had its “positive” rating reaffirmed by Stephens.
• 7/29/2026 – Cheesecake Factory had its price target raised by Mizuho from $85.00 to $93.00. They now have a “neutral” rating on the stock.
• 7/29/2026 – Cheesecake Factory was downgraded by Jefferies Financial Group Inc. from “buy” to “hold”. They now have a $88.00 price target on the stock, up from $75.00.
• 7/29/2026 – Cheesecake Factory was downgraded by Jefferies Financial Group Inc. from “buy” to “hold”. They now have a $88.00 price target on the stock, up from $75.00.
• 7/29/2026 – Cheesecake Factory was upgraded by Morgan Stanley from “underweight” to “equal weight”. They now have a $80.00 price target on the stock, up from $50.00.
• 7/29/2026 – Cheesecake Factory had its price target raised by Stephens from $80.00 to $93.00. They now have an “equal weight” rating on the stock.
• 7/29/2026 – Cheesecake Factory had its price target raised by Robert W. Baird from $65.00 to $90.00. They now have a “neutral” rating on the stock.
• 7/27/2026 – Cheesecake Factory had its price target raised by Oppenheimer Holdings, Inc. from $72.00 to $91.00. They now have an “outperform” rating on the stock.
• 7/24/2026 – Cheesecake Factory had its “neutral” rating reaffirmed by Mizuho. They now have a $85.00 price target on the stock, up from $75.00.
• 7/24/2026 – Cheesecake Factory was downgraded by Mizuho from “outperform” to “neutral”. They now have a $85.00 price target on the stock, up from $75.00.
• 7/23/2026 – Cheesecake Factory had its price target raised by UBS Group AG from $53.00 to $60.00. They now have a “sell” rating on the stock.
• 7/16/2026 – Cheesecake Factory had its price target raised by Wells Fargo & Company from $65.00 to $75.00. They now have an “equal weight” rating on the stock.
• 7/14/2026 – Cheesecake Factory was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 7/10/2026 – Cheesecake Factory had its price target raised by Citigroup Inc. from $76.00 to $90.00. They now have a “buy” rating on the stock.
• 7/2/2026 – Cheesecake Factory had its price target raised by Bank of America Corporation from $66.00 to $79.00. They now have a “neutral” rating on the stock.
• 6/23/2026 – Cheesecake Factory was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 6/15/2026 – Cheesecake Factory was downgraded by Citigroup Inc. from “buy” to “neutral”.
• 6/15/2026 – Cheesecake Factory was downgraded by Northcoast Research from “buy” to “neutral”.
• 6/5/2026 – Cheesecake Factory was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.

Cheesecake Factory Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Tuesday, August 11th will be given a dividend of $0.30 per share. The ex-dividend date is Tuesday, August 11th. This represents a $1.20 annualized dividend and a dividend yield of 1.2%. Cheesecake Factory’s payout ratio is currently 32.52%.

Insider Buying and Selling

In related news, Director Alexander L. Cappello sold 2,490 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $64.90, for a total transaction of $161,601.00. Following the transaction, the director owned 6,171 shares in the company, valued at $400,497.90. This trade represents a 28.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 8.00% of the stock is currently owned by corporate insiders.

The Cheesecake Factory Incorporated (NASDAQ:CAKE) is an American restaurant company and distributor renowned for its full-service casual-dining concept and specialty cheesecakes. Headquartered in Calabasas Hills, California, the company operates more than 200 restaurants under The Cheesecake Factory® brand across the United States, Puerto Rico and select international markets. In addition to sit-down dining, Cheesecake Factory franchised locations offer catering and take-out services, while a separate manufacturing arm supplies branded cheesecakes and desserts to supermarkets, hotels and other foodservice operators.

The origins of the brand trace back to a small cheesecake bakery founded in Detroit in the 1940s.