Weekly Analysts’ Ratings Updates for Jersey Mike’s (JMKE)

Several analysts have recently updated their ratings and price targets for Jersey Mike’s (NYSE: JMKE):

  • 10/16/2026 – Jersey Mike’s had its “outperform” rating reaffirmed by UBS Group AG.
  • 10/16/2026 – Jersey Mike’s had its price target lowered by Raymond James Financial, Inc. from $29.00 to $26.00. They now have an “outperform” rating on the stock.
  • 10/7/2026 – Jersey Mike’s had its price target lowered by TD Cowen from $26.00 to $22.00. They now have a “buy” rating on the stock.
  • 9/29/2026 – Jersey Mike’s had its “overweight” rating reaffirmed by UBS Group AG. They now have a $24.00 price target on the stock.
  • 9/29/2026 – Jersey Mike’s had its price target lowered by JPMorgan Chase & Co. from $26.00 to $24.00. They now have an “overweight” rating on the stock.
  • 9/29/2026 – Jersey Mike’s had its price target lowered by Jefferies Financial Group Inc. from $26.00 to $24.00. They now have an “overweight” rating on the stock.
  • 9/13/2026 – Jersey Mike’s was upgraded by Wall Street Zen from “sell” to “hold”.
  • 9/11/2026 – Jersey Mike’s had its price target raised by Tigress Financial from $29.00 to $30.00. They now have a “buy” rating on the stock.
  • 9/11/2026 – Jersey Mike’s had its price target raised by Guggenheim from $28.00 to $29.00. They now have a “buy” rating on the stock.
  • 9/10/2026 – Jersey Mike’s had its price target lowered by Mizuho from $31.00 to $29.00. They now have an “outperform” rating on the stock.
  • 9/10/2026 – Jersey Mike’s had its price target raised by Royal Bank Of Canada from $28.00 to $29.00. They now have an “outperform” rating on the stock.
  • 9/10/2026 – Jersey Mike’s had its price target raised by Sanford C. Bernstein from $26.00 to $27.00. They now have a “market perform” rating on the stock.
  • 9/10/2026 – Jersey Mike’s had its “buy” rating reaffirmed by BTIG Research. They now have a $28.00 price target on the stock.
  • 9/10/2026 – Jersey Mike’s had its price target raised by Bank of America Corporation from $27.00 to $29.00. They now have a “buy” rating on the stock.
  • 9/9/2026 – Jersey Mike’s had its “buy” rating reaffirmed by UBS Group AG.
  • 9/9/2026 – Jersey Mike’s had its “outperform” rating reaffirmed by William Blair.
  • 9/9/2026 – Jersey Mike’s had its “buy” rating reaffirmed by TD Cowen. They now have a $26.00 price target on the stock.
  • 9/5/2026 – Jersey Mike’s was downgraded by Wall Street Zen from “hold” to “sell”.
  • 8/26/2026 – Jersey Mike’s is now covered by Tigress Financial. They set a “buy” rating and a $29.00 price target on the stock.
  • 8/25/2026 – Jersey Mike’s was upgraded by Zacks Research to “hold”.
  • 8/25/2026 – Jersey Mike’s is now covered by The Goldman Sachs Group, Inc.. They set a “neutral” rating and a $26.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by William Blair. They set an “outperform” rating on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Raymond James Financial, Inc.. They set an “outperform” rating and a $29.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Wolfe Research. They set a “peer perform” rating on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Wells Fargo & Company. They set an “equal weight” rating and a $25.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s was given a new $27.00 price target by UBS Group AG. They now have a “buy” rating on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Royal Bank Of Canada. They set an “outperform” rating and a $28.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $29.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s was downgraded by UBS Group AG from “buy” to “overweight”.
  • 8/24/2026 – Jersey Mike’s is now covered by Raymond James Financial, Inc.. They set a “moderate buy” rating and a $29.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Wells Fargo & Company. They set an “equal weight” rating and a $25.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Royal Bank Of Canada. They set a “moderate buy” rating and a $28.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $29.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by UBS Group AG. They set a “buy” rating and a $27.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Truist Financial Corporation. They set a “buy” rating and a $30.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by JPMorgan Chase & Co.. They set an “overweight” rating and a $26.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Guggenheim. They set a “buy” rating and a $28.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Loop Capital. They set a “buy” rating and a $40.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Deutsche Bank Aktiengesellschaft. They set a “buy” rating and a $27.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Bank of America Corporation. They set a “buy” rating and a $27.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Evercore Inc. They set an “outperform” rating and a $28.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Robert W. Baird. They set an “outperform” rating and a $27.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by TD Cowen. They set a “buy” rating and a $26.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by BTIG Research. They set a “buy” rating and a $28.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Morgan Stanley. They set an “overweight” rating and a $29.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Mizuho. They set an “outperform” rating and a $31.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Piper Sandler. They set an “overweight” rating and a $29.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Stifel Nicolaus. They set a “buy” rating and a $27.00 price target on the stock.
  • 8/24/2026 – Jersey Mike’s is now covered by Sanford C. Bernstein. They set a “market perform” rating and a $26.00 price target on the stock.

Insiders Place Their Bets

In other Jersey Mike’s news, major shareholder Holdings L.P. Blackstone II sold 2,572,560 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $21.85, for a total value of $56,210,436.00. Following the sale, the insider owned 143,699 shares of the company’s stock, valued at $3,139,823.15. The trade was a 94.71% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder Submarine Buyer Llc sold 2,572,560 shares of the stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $21.85, for a total transaction of $56,210,436.00. Following the completion of the transaction, the insider owned 143,699 shares of the company’s stock, valued at approximately $3,139,823.15. This represents a 94.71% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders acquired 31,584 shares of company stock valued at $726,432 and sold 9,938,318 shares valued at $217,152,248.

Jersey Mike’s, commonly known as Jersey Mike’s Subs, is a fast-casual restaurant company focused on submarine sandwiches and related food offerings. Its menu includes hot and cold subs, wraps, salads, beverages and desserts, with catering services also available at many locations.

The business operates primarily through a franchise-based model under the Jersey Mike’s Subs brand. Restaurants are known for preparing sandwiches to order, including sliced meats and cheeses, fresh vegetables and the company’s signature “Mike’s Way” preparation.

Jersey Mike’s traces its roots to 1956, when the original submarine shop opened in Point Pleasant, New Jersey.

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