Darden Restaurants, the parent company of Olive Garden, has presented a promising forecast for growth in 2026 while surpassing earnings estimates. On the other hand, a rating downgrade has been issued by
Wall Street Zen, as significant stock movements were conducted by executives, with the group president selling around $2.67 million in stock. Despite the internal stock sales, ongoing
strong sales at Olive Garden have pushed DRI stocks to reach an
all-time high. The stock has also been reportedly outperforming the consumer discretionary sector. Institutions like
Kentucky Retirement Systems Insurance Trust Fund and
Running Oak Capital LLC have recently scaled back DRI holdings.
Financial analysts have speculated a further increase in the stock's value. Moves such as a $1B buyback enhance the positive sentiment.
Several insider sell-offs have occurred, including the CFO selling 5,780 shares and the SVP offloading almost 12,000 units. Still, financial institutions like
Bank of America, Barclays, and Oppenheimer forecast a robust price appreciation.
SWOT analysis indicates firm stock outlook amid strong sales and growth plans.
Darden Restaurants Stocks DRI News Analytics from Thu, 19 Dec 2024 08:00:00 GMT to Sat, 28 Jun 2025 07:25:02 GMT -
