On April 6, 2026, Freedom Broker initiated coverage of Cracker Barrel Old Country Store (NasdaqGS:CBRL) with a Hold recommendation. The average one-year price target for the company is $31.47 per share, indicating a potential upside of 10.71% from its recent closing price of $28.43 per share.
The projected annual revenue for Cracker Barrel is $3.734 billion, reflecting an 11.09% increase, while the estimated non-GAAP EPS is $8.20, up 37.13% from previous forecasts. Currently, 251 funds hold positions in Cracker Barrel, a decrease of 50.88% from the previous quarter, and total shares owned by institutions have dropped by 20.61% to 21.939 million shares.
The put/call ratio for CBRL stands at 0.74, suggesting a bullish outlook. Significant changes in institutional ownership include Gmt Capital reducing its stake by 26.49%, while Millennium Management increased its holdings by 110.48% last quarter.
