Lake Street Reaffirms Their Buy Rating on Red Robin Gourmet (RRGB)

In a report released today, Mark Smith from Lake Street reiterated a Buy rating on Red Robin Gourmet, with a price target of $11.00.

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Smith covers the Consumer Cyclical sector, focusing on stocks such as Red Robin Gourmet, GrowGeneration, and Clarus. According to TipRanks, Smith has an average return of 9.1% and a 44.52% success rate on recommended stocks.

In addition to Lake Street, Red Robin Gourmet also received a Buy from Craig-Hallum’s Jeremy Hamblin in a report issued on November 6. However, today, TR | OpenAI – 4o reiterated a Sell rating on Red Robin Gourmet (NASDAQ: RRGB).

Based on Red Robin Gourmet’s latest earnings release for the quarter ending July 13, the company reported a quarterly revenue of $283.7 million and a net profit of $3.99 million. In comparison, last year the company earned a revenue of $300.15 million and had a GAAP net loss of $9.49 million

Based on the recent corporate insider activity of 32 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 RRGB in relation to earlier this year. Most recently, in August 2025, Christopher Ross Martin, a Director at RRGB bought 53,000.00 shares for a total of $330,087.35.