---
title: "Cracker Barrel Analysts Boost Their Forecasts After Upbeat Q2 Earnings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277969187.md"
description: "Cracker Barrel (CBRL) reported Q2 earnings with adjusted EPS of $0.25, surpassing estimates, but revenue fell 7.9% to $874.8 million, missing expectations. The stock declined 1% to $30.34. Analysts adjusted price targets: UBS raised to $31, Truist to $47, and Wells Fargo to $35, maintaining their ratings. The full-year adjusted EBITDA outlook was narrowed to $85 million–$100 million."
datetime: "2026-03-05T17:12:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277969187.md)
  - [en](https://longbridge.com/en/news/277969187.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277969187.md)
---

# Cracker Barrel Analysts Boost Their Forecasts After Upbeat Q2 Earnings

**Cracker Barrel Old Country Store Inc**. (NASDAQ:CBRL) reported upbeat fiscal second-quarter earnings on Wednesday.

Total revenue of the American restaurant and gift store chain fell 7.9% year-over-year to $874.8 million, slightly missing the analyst estimate of $876.94 million. Adjusted earnings per share came in at $0.25, beating the analyst estimate of -$0.22, compared with $1.38 in the prior-year quarter.

Cracker Barrel narrowed its full-year adjusted EBITDA outlook to $85 million–$100 million, down from a prior range of $70 million–$110 million.

Cracker Barrel shares fell 1% to trade at $30.34 on Thursday.

These analysts made changes to their price targets on Cracker Barrel following earnings announcement.

-   UBS analyst Dennis Geiger maintained Cracker Barrel with a Neutral and raised the price target from $26 to $31.
-   Truist Securities analyst Jake Bartlett maintained the stock with a Buy and raised the price target from $45 to $47.
-   Wells Fargo analyst Anthony Trainor maintained Cracker Barrel with an Equal-Weight rating and raised the price target from $30 to $35.

**Considering buying CBRL stock? Here’s what analysts think:**

Photo via Shutterstock

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