What is Zacks Research’s Estimate for BJRI Q2 Earnings?

BJ’s Restaurants, Inc. (NASDAQ:BJRI) – Equities researchers at Zacks Research raised their Q2 2026 earnings per share (EPS) estimates for BJ’s Restaurants in a research report issued to clients and investors on Wednesday, May 20th. Zacks Research analyst Team now anticipates that the restaurant operator will post earnings of $0.90 per share for the quarter, up from their prior forecast of $0.89. The consensus estimate for BJ’s Restaurants’ current full-year earnings is $2.20 per share. Zacks Research also issued estimates for BJ’s Restaurants’ Q4 2026 earnings at $0.65 EPS, FY2026 earnings at $2.19 EPS and Q1 2027 earnings at $0.63 EPS.

Other equities research analysts have also recently issued reports about the stock. DA Davidson initiated coverage on shares of BJ’s Restaurants in a research report on Friday, March 6th. They issued a “neutral” rating and a $38.00 target price on the stock. Weiss Ratings lowered shares of BJ’s Restaurants from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Citigroup cut their price target on shares of BJ’s Restaurants from $49.00 to $47.00 and set a “neutral” rating on the stock in a research note on Thursday, April 16th. Barclays lowered their price objective on shares of BJ’s Restaurants from $42.00 to $38.00 and set an “underweight” rating for the company in a research note on Wednesday, May 6th. Finally, Mizuho dropped their price objective on BJ’s Restaurants from $44.00 to $40.00 and set a “neutral” rating for the company in a report on Thursday, April 2nd. Two research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $42.00.

BJ’s Restaurants Stock Up 1.2%

BJRI opened at $44.40 on Friday. BJ’s Restaurants has a 12 month low of $28.46 and a 12 month high of $47.02. The business has a 50-day moving average of $37.97 and a two-hundred day moving average of $39.21. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.31 and a quick ratio of 0.25. The stock has a market capitalization of $933.29 million, a price-to-earnings ratio of 22.42, a price-to-earnings-growth ratio of 1.42 and a beta of 1.29.

BJ’s Restaurants (NASDAQ:BJRI) last released its earnings results on Tuesday, May 5th. The restaurant operator reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.04). BJ’s Restaurants had a return on equity of 13.48% and a net margin of 3.15%.The business had revenue of $358.12 million for the quarter, compared to analysts’ expectations of $356.97 million. During the same quarter last year, the company posted $0.59 earnings per share. The business’s quarterly revenue was up 2.9% compared to the same quarter last year.

Hedge Funds Weigh In On BJ’s Restaurants

Several hedge funds and other institutional investors have recently made changes to their positions in the business. CWM LLC boosted its position in BJ’s Restaurants by 187.7% during the 4th quarter. CWM LLC now owns 699 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 456 shares during the period. Quarry LP raised its position in BJ’s Restaurants by 1,618.3% in the third quarter. Quarry LP now owns 1,031 shares of the restaurant operator’s stock valued at $31,000 after purchasing an additional 971 shares during the period. GAMMA Investing LLC lifted its stake in shares of BJ’s Restaurants by 39.3% during the fourth quarter. GAMMA Investing LLC now owns 939 shares of the restaurant operator’s stock worth $37,000 after purchasing an additional 265 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new position in shares of BJ’s Restaurants during the fourth quarter worth about $63,000. Finally, US Bancorp DE boosted its position in shares of BJ’s Restaurants by 14.5% in the third quarter. US Bancorp DE now owns 3,305 shares of the restaurant operator’s stock worth $101,000 after buying an additional 418 shares during the period. Institutional investors and hedge funds own 99.95% of the company’s stock.

Insider Buying and Selling

In other BJ’s Restaurants news, Director C Bradford Richmond purchased 1,000 shares of BJ’s Restaurants stock in a transaction on Thursday, March 12th. The shares were purchased at an average cost of $34.05 per share, with a total value of $34,050.00. Following the completion of the transaction, the director directly owned 18,700 shares in the company, valued at approximately $636,735. This represents a 5.65% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Brian S. Krakower sold 2,600 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $35.03, for a total transaction of $91,078.00. Following the sale, the executive vice president owned 5,062 shares of the company’s stock, valued at approximately $177,321.86. This represents a 33.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have purchased 3,200 shares of company stock valued at $110,670. Corporate insiders own 4.30% of the company’s stock.

Trending Headlines about BJ’s Restaurants

Here are the key news stories impacting BJ’s Restaurants this week:

• Positive Sentiment: Zacks Research raised its estimates for BJRI’s Q2 2026, Q4 2026, FY2026, and several later-period earnings forecasts, which can signal improving operating expectations and support the stock. BJ’s Restaurants stock reports
• Neutral Sentiment: The firm’s FY2026 estimate was nudged up only slightly to $2.19 per share, essentially in line with the $2.20 consensus, so the change is not a major surprise. BJ’s Restaurants stock reports
• Neutral Sentiment: Analysts also lifted some longer-term projections for FY2028, while trimming others like Q1 2027 and FY2028 versus prior forecasts, making the overall message mixed but not materially negative. BJ’s Restaurants stock reports
• Negative Sentiment: Some estimates were cut, including Q1 2027 and FY2028, which may temper enthusiasm around the strength of BJRI’s longer-term earnings trajectory. BJ’s Restaurants stock reports

About BJ’s Restaurants

BJ’s Restaurants, Inc is a publicly traded casual dining chain known for its deep‐dish pizzas, California‐style thin crust offerings and in‐house craft beer selections. Operating under the BJ’s Restaurant & Brewhouse brand, the company combines a microbrewery concept with full‐service dining, offering an extensive menu that includes appetizers, salads, pasta dishes, sandwiches and the signature Pizookie dessert.

Founded in 1978 in Orange County, California, BJ’s Restaurants began as BJ’s Chicago Pizzeria, bringing a Chicago‐style pizza experience to the West Coast.