Bloomin' Brands (NASDAQ:BLMN) Hits New 1-Year Low - What's Next?

Market Beat
2026.03.10 00:46
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Bloomin' Brands (NASDAQ:BLMN) shares reached a new 52-week low of $5.45, closing at $5.81 with a trading volume of 5.77 million. Analysts have mixed ratings, with Citigroup raising its price target to $7.00 and Loop Capital setting it at $10.00. The company reported a quarterly EPS of $0.26, slightly above estimates, but revenue fell short. Bloomin' Brands has set Q1 2026 EPS guidance between $0.570-0.620. Institutional investors have been adjusting their stakes, with notable increases from State Street and Arrowstreet Capital.