Raymond James Sticks to Its Hold Rating for Bloomin’ Brands (BLMN)
In a report released yesterday, from Raymond James reiterated a Hold rating on Bloomin’ Brands. The company’s shares closed yesterday at $7.95.
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In addition to Raymond James, Bloomin’ Brands also received a Hold from Barclays’s Jeff Bernstein in a report issued yesterday. However, on the same day, Bank of America Securities assigned a Sell rating to Bloomin’ Brands (NASDAQ: BLMN).
Based on Bloomin’ Brands’ latest earnings release for the quarter ending December 28, the company reported a quarterly revenue of $975.22 million and a GAAP net loss of $13.48 million. In comparison, last year the company earned a revenue of $597.51 million and had a GAAP net loss of $79.46 million
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BLMN in relation to earlier this year. Most recently, in March 2026, Rohit Lal, a Director at BLMN bought 10,000.00 shares for a total of $56,900.00.
Read More on BLMN:
Disclaimer & DisclosureReport an Issue
- Bloomin’ Brands Balances Growth Plans With Cost Pressures
- Bloomin’ Brands price target raised to $7.20 from $6 at BofA
- Bloomin’ Brands price target raised to $8.50 from $6 at Goldman Sachs
- Bloomin’ Brands price target raised to $8 from $7 at Deutsche Bank
- Bloomin’ Brands price target raised to $9 from $7 at Barclays
