Rating Change
Evercore ISI Group analysts upgraded Texas Roadhouse, Inc. (NASDAQ:TXRH) from In-Line to Outperform on October 05, 2026.
upgradeNASDAQ:TXRH
Texas Roadhouse, Inc. (TXRH) Upgraded to Outperform at Evercore ISI Group
Evercore ISI Group analysts upgraded Texas Roadhouse, Inc. (NASDAQ:TXRH) from In-Line to Outperform on October 05, 2026.
At publication ·
What changed
Texas Roadhouse, Inc. (NASDAQ:TXRH) · upgrade
- Firm
- Evercore ISI Group
- Rating
- In-Line to Outperform
- Price at event
- $159.11
- Market capitalization
- $11.1B
At a glance
Key takeaways
- Evercore ISI Group upgraded Texas Roadhouse (TXRH) from In-Line to Outperform on October 5, 2026, suggesting analysts see improving fundamentals or a more favorable risk-reward profile.
Market Context
Texas Roadhouse, Inc. operates in the Consumer Cyclical sector. The stock currently trades at $159.11 with a market capitalization of $11.1B. The stock has declined 6.2% over the past 52 weeks.
Analyst upgrades often act as catalysts for near-term price movement, particularly when they come from major firms with significant institutional following. Evercore ISI Group's upgrade suggests their analysts see improving fundamentals, a more favorable risk-reward profile, or upcoming catalysts that could drive the stock higher.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Texas Roadhouse, Inc.
Among the 10 most recent ratings: 6 Buy, 4 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 05, 2026 | RBC Capital | Outperform | N/A |
| Oct 05, 2026 | Evercore ISI Group | Outperform | N/A |
| Sep 29, 2026 | JP Morgan | Neutral | N/A |
| Sep 25, 2026 | Evercore ISI Group | In-Line | N/A |
| Sep 16, 2026 | Seaport Global | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View TXRH Stock Page
Frequently Asked Questions
What does the Outperform rating mean for TXRH?
A rating of Outperform from Evercore ISI Group reflects the analyst's outlook on Texas Roadhouse, Inc. (NASDAQ:TXRH). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the TXRH forecast page.