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The Cheesecake Factory Incorporated

CAKE · NASDAQ

Market closed$85.77$2.46 (+2.95%)After hours $86.49 · +0.84%

Key statistics

Previous close$83.31
Open$83.47
Day high$86.66
Day low$82.87
52-week high$86.66
52-week low$43.07
Market cap4.26B
Volume1.67M
Average volume1.31M
P/E ratio22.05
Forward P/E12.37
EPS3.89
Dividend yield+1.33%

Market context

Why it moved

The Cheesecake Factory (CAKE) shares rose notably today, likely driven by positive investor sentiment around the casual dining sector and strong consumer spending momentum, as no specific negative catalysts were identified in current news flow.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026The Cheesecake Factory shares rose nearly 3%, touching a fresh 52-week high of $86.66, outperforming the broader consumer discretionary sector as investors responded to a wave of bullish analyst activity and momentum around the stock's ongoing rally. Citigroup recently raised its price target to $90 with a Buy rating, while Bank of America lifted its target to $79, even as the consensus remains Hold with an average target well below current levels — a gap that has fueled debate about how much upside remains. The strong session came despite a broader risk-off backdrop driven by escalating U.S.-Iran tensions, semiconductor weakness, and a disappointing Netflix forecast, suggesting restaurant investors are finding comfort in Cheesecake Factory's solid Q1 earnings beat and resilient casual dining fundamentals.

2.9528

July 17, 2026The Cheesecake Factory surged nearly 4%, closing near its 52-week high and extending gains in after-hours trading, as positive macro tailwinds from cooler-than-expected June CPI data buoyed consumer discretionary names. The rally comes despite a recent Seeking Alpha analyst downgrade warning that the company's strategy of relying on menu price hikes could backfire amid increasingly value-conscious consumers — a risk echoed across casual dining, where peers like Red Robin continue restructuring and chains like On The Border have liquidated entirely. Wells Fargo recently maintained an Equal-Weight rating while raising its price target to $75, now well below current trading levels, suggesting the stock may be running ahead of analyst consensus.

3.7872

July 15, 2026The Cheesecake Factory fell nearly 2% — underperforming the broader market, which edged higher on a softer-than-expected June CPI report — as a Seeking Alpha analyst downgraded the stock, warning that its margin turnaround strategy centered on menu pricing could backfire given cautious consumer spending and elevated restaurant industry headwinds. The pullback follows a sharp rally last week, when Citi raised its price target to $90 and the stock hit an all-time high near $84, prompting fresh valuation concerns: the average analyst target sits around $67, and insiders including Chairman David Overton have been selling shares, while the upcoming Q2 earnings on July 28 remain a key test of whether the new loyalty app and digital push can sustain traffic momentum.

-1.8426

July 14, 2026The Cheesecake Factory edged lower Monday, pulling back from last week's all-time high as broader market weakness weighed on consumer cyclicals amid rising U.S.-Iran tensions that sent oil prices surging and pressured equities broadly. The modest decline comes after CAKE surged ~5.5% last Friday on Citi's price target hike to $90 (from $76) and a reiterated Buy rating, with the bank citing the company's newly launched mobile app and refreshed loyalty rewards program as potential traffic catalysts. Valuation questions linger — DCF models suggest ~18% overvaluation near $70 fair value — while the upcoming Q2 earnings report on July 28 remains the key near-term catalyst investors are watching.

-0.9787

July 11, 2026The Cheesecake Factory surged to a new 52-week high, with shares jumping over 5% on well-above-average volume as Citigroup raised its price target to $90 (from $76) while maintaining a Buy rating — pushing well past the consensus analyst target of $66.29. Investor optimism is building ahead of the company's Q2 fiscal 2026 earnings call scheduled for July 28, with the restaurant sector also receiving a tailwind from a Zacks note highlighting select restaurant stocks as buys despite industry headwinds from elevated menu prices and cautious consumer spending.

5.5343

July 10, 2026The Cheesecake Factory gained over 2%, outperforming the broader consumer discretionary sector (XLY), as investors positioned ahead of its Q2 fiscal 2026 earnings call scheduled for July 28. The advance came despite a turbulent macro backdrop — renewed U.S.-Iran military strikes reignited oil price volatility and inflation fears, pressuring consumer spending stocks broadly — suggesting CAKE's relative strength may reflect optimism around its upcoming results, following a Q1 beat (EPS $1.05 vs. $1.03 est., revenue +5.6% YoY). Bank of America recently raised its price target to $79, closely aligning with the stock's current level, though the consensus analyst rating remains Hold with an average target of $66.29 — well below where shares now trade after a 50%+ run over the past year.

2.3359

July 9, 2026The Cheesecake Factory shares declined modestly, pressured by a broad risk-off market selloff triggered by President Trump declaring the U.S.-Iran ceasefire "over," which sent oil prices surging over 5% and weighed heavily on consumer cyclical stocks. Despite the macro headwinds, the stock recovered in after-hours trading, and investor attention is turning to the company's Q2 fiscal 2026 earnings call scheduled for July 28 — a catalyst watch given the stock's 50%+ run over the past year and Bank of America's recent price target raise to $79 with a neutral rating, still above the consensus target of $66.29.

-1.4278

July 8, 2026The Cheesecake Factory closed modestly higher, with shares gaining roughly 1.1% amid a positive tone in consumer cyclical stocks despite broader U.S. market softness on the day. Investor focus is squarely on the company's upcoming Q2 fiscal 2026 earnings call, which was formally scheduled for July 28 after market close — announced on the same day. The backdrop includes mixed signals for the restaurant industry: Q1 sector earnings beat expectations broadly, but June's jobs report revealed a 61,000-job decline in leisure and hospitality, flagging potential softness in consumer dining demand heading into the report.

1.1055

Seeking Alpha · July 14, 2026Cheesecake Factory's Strategy Could Backfire (Rating Downgrade) (NASDAQ:CAKE)Moomoo · July 10, 2026Citi Maintains Cheesecake Factory(CAKE.US) With Buy Rating, Raises Target Price to $90Business Wire · July 7, 2026The Cheesecake Factory to Webcast Second Quarter Fiscal 2026 Earnings Conference Call on July 28, 2026StockStory · October 29, 2025Why The Cheesecake Factory (CAKE) Stock Is Nosediving
Benzinga · July 16, 2026Wells Fargo Maintains Equal-Weight on The Cheesecake Factory, Raises Price Target to $75
Benzinga · July 10, 2026Citigroup Maintains Buy on The Cheesecake Factory, Raises Price Target to $90
Benzinga · May 14, 2026JP Morgan Upgrades The Cheesecake Factory to Neutral, Raises Price Target to $68
Mt Newswire · May 4, 2026Cheesecake Factory Insider Sold Shares Worth $6,346,080, According to a Recent SEC Filing
Mt Newswire · May 3, 2026Research Alert: CFRA Reiterates Buy Opinion On Shares Of Cheesecake Factory Inc
Benzinga · April 30, 2026Citigroup Maintains Buy on The Cheesecake Factory, Raises Price Target to $76
Benzinga · April 30, 2026These Analysts Boost Their Forecasts On Cheesecake Factory After Upbeat Q1 Results
Benzinga · April 30, 2026Barclays Maintains Underweight on The Cheesecake Factory, Raises Price Target to $60

Peers

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