What is Stephens's price target for CAKE?

Stephens's latest stated price target for Cheesecake Factory Incorporated (CAKE) is $65, from its action on Feb 19, 2026.

What is Stephens's rating on CAKE?

Stephens rates CAKE Equal-Weight, a neutral rating, as of Feb 19, 2026.

When did Stephens last change its view on CAKE?

On Feb 19, 2026, Stephens downgrades to Equal-Weight from Overweight, price target $65.

Analyst firms · Stephens · CAKE

Stephens CAKE price target and rating history

Cheesecake Factory Incorporated (CAKE) · Consumer Discretionary

Stephens rates Cheesecake Factory Incorporated (CAKE) Equal-Weight with a $65 price target, as of its latest action on Feb 19, 2026. It has published 8 rating actions on CAKE since October 2021, including 1 upgrade and 1 downgrade. Across 6 firms with a CAKE price target in the last 12 months, the median target is $82.50. Stephens's $65 is 21% below that.

Current rating: Equal-Weight
Price target: $65
Median target, all firms: $82.50
Actions on CAKE: 8

Stephens price target on CAKE

Stephens price target on CAKE, each point a stated target, October 2021 to February 2026.

Every Stephens rating on CAKE

Feb 19, 2026
DowngradeStephens downgrades to Equal-Weight from Overweight, price target $65
May 15, 2024
ReiterateStephens raises its price target to $50 from $44, keeps Overweight
Apr 12, 2024
ResumeStephens resumes coverage at Overweight, price target $44
Sep 23, 2022
InitiateStephens starts coverage at Overweight, price target $38
Feb 17, 2022
ReiterateStephens raises its price target to $52 from $47, keeps Overweight
Jan 5, 2022
UpgradeStephens upgrades to Overweight from Equal-Weight, price target $53 to $47
Nov 8, 2021
ReiterateStephens raises its price target to $53 from $50, keeps Equal-Weight
Oct 19, 2021
ReiterateStephens cuts its price target to $50 from $58, keeps Equal-Weight

How other firms rate CAKE

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
Jefferies	Hold	$88	Jul 29, 2026
Morgan Stanley	Equal-Weight	$80	Jul 29, 2026
Oppenheimer	Outperform	$91	Jul 27, 2026
Mizuho	Neutral	$85	Jul 24, 2026
Wells Fargo	Equal Weight	$75	Jul 16, 2026
Northcoast Research	Neutral		Jun 15, 2026
Stephens	Equal-Weight	$65	Feb 19, 2026
Raymond James	Mkt Perform		Jan 21, 2026

Questions about Stephens and CAKE

What is Stephens's price target for CAKE?: Stephens's latest stated price target for Cheesecake Factory Incorporated (CAKE) is $65, from its action on Feb 19, 2026.
What is Stephens's rating on CAKE?: Stephens rates CAKE Equal-Weight, a neutral rating, as of Feb 19, 2026.
When did Stephens last change its view on CAKE?: On Feb 19, 2026, Stephens downgrades to Equal-Weight from Overweight, price target $65.
How does Stephens's CAKE target compare with other analysts?: Across 6 firms with a CAKE price target in the last 12 months, the median target is $82.50. Stephens's $65 is 21% below that.

More CAKE rating histories

All Stephens ratings CAKE news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.