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Famous Dave's of America - DAVE Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $61.20
  • Forecasted Upside: 56.16%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 1 Strong Buy Ratings
$39.19 As of 10/29/2024 01:00 AM ET
▼ -0.08 (-0.20%)
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Analyst Price Target for DAVE

Analyst Price Target is $61.20
▲ +56.16% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Famous Dave's of America in the last 3 months. The average price target is $61.20, with a high forecast of $75.00 and a low forecast of $53.00. The average price target represents a 56.16% upside from the last price of $39.19.

This chart shows the closing price for DAVE for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Buy

The current consensus among 6 investment analysts is to buy stock in Famous Dave's of America. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/9/2023
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/7/2023
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/5/2023
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/3/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/3/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/1/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/30/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/30/2024

Latest Recommendations

  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/9/2024JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$75.00 ➝ $75.00
9/26/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$65.00 ➝ $65.00
9/19/2024BenchmarkReiterated RatingBuy ➝ Buy$53.00 ➝ $53.00
9/10/2024BenchmarkReiterated RatingBuy ➝ Buy$53.00 ➝ $53.00
8/12/2024BenchmarkInitiated CoverageBuy$53.00
8/5/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$65.00 ➝ $65.00
7/26/2024Lake Street CapitalInitiated CoverageBuy$53.00
6/27/2024B. RileyReiterated RatingBuy ➝ Buy$60.00 ➝ $60.00
6/27/2024JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$75.00 ➝ $75.00
6/10/2024Seaport Res PtnUpgradeStrong-Buy
6/7/2024B. RileyInitiated CoverageBuy$60.00
5/28/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$65.00 ➝ $65.00
5/8/2024JMP SecuritiesBoost TargetMarket Outperform ➝ Market Outperform$70.00 ➝ $75.00
5/6/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$45.00 ➝ $45.00
4/29/2024JMP SecuritiesInitiated CoverageOutperform$70.00
4/23/2024Barrington ResearchUpgradeMarket Perform ➝ Outperform$45.00
3/15/2024Barrington ResearchInitiated CoverageMarket Perform
4/25/2022Jefferies Financial GroupInitiated CoverageHold$5.00
(Data available from 10/30/2019 forward)

News Sentiment Rating

0.49 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 6 very positive mentions
  • 28 positive mentions
  • 8 negative mentions
  • 0 very negative mentions
Mentions as of
4/3/2024
  • 10 very positive mentions
  • 33 positive mentions
  • 2 negative mentions
  • 8 very negative mentions
Mentions as of
5/3/2024
  • 7 very positive mentions
  • 16 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
6/2/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/2/2024
  • 5 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/1/2024
  • 2 very positive mentions
  • 18 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
8/31/2024
  • 6 very positive mentions
  • 15 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
Mentions as of
9/30/2024
  • 3 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/30/2024

Current Sentiment

  • 3 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Famous Dave's of America logo
Famous Dave's of America, Inc. develops, owns, operates, and franchises barbeque restaurants under the Famous Dave's name. It offers smoked, barbequed, and grilled meats, as well as entrée items and delicious side dishes that are prepared using prepared proprietary seasonings, sauces, and mixes. The company operates full-service and counter-service restaurants. As of March 4, 2019, it owned 17 locations and franchised 124 restaurants in 33 states, the Commonwealth of Puerto Rico, Canada, and the United Arab Emirates. Famous Dave's of America, Inc. was founded in 1994 and is headquartered in Minnetonka, Minnesota.
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Today's Range

Now: $39.19
Low: $38.81
High: $40.09

50 Day Range

MA: $4.54
Low: $4.09
High: $4.93

52 Week Range

Now: $39.19
Low: $3.60
High: $6.65

Volume

132,029 shs

Average Volume

339,116 shs

Market Capitalization

$496.54 million

P/E Ratio

18.75

Dividend Yield

N/A

Beta

2.83

Frequently Asked Questions

What sell-side analysts currently cover shares of Famous Dave's of America?

The following equities research analysts have issued reports on Famous Dave's of America in the last year: B. Riley, Barrington Research, Benchmark Co., JMP Securities, Lake Street Capital, Seaport Res Ptn, and StockNews.com.
View the latest analyst ratings for DAVE.

What is the current price target for Famous Dave's of America?

5 Wall Street analysts have set twelve-month price targets for Famous Dave's of America in the last year. Their average twelve-month price target is $61.20, suggesting a possible upside of 56.2%. JMP Securities has the highest price target set, predicting DAVE will reach $75.00 in the next twelve months. Benchmark Co. has the lowest price target set, forecasting a price of $53.00 for Famous Dave's of America in the next year.
View the latest price targets for DAVE.

What is the current consensus analyst rating for Famous Dave's of America?

Famous Dave's of America currently has 5 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe DAVE will outperform the market and that investors should add to their positions of Famous Dave's of America.
View the latest ratings for DAVE.

What other companies compete with Famous Dave's of America?

Other companies that are similar to Famous Dave's of America include Perella Weinberg Partners, Cipher Mining, Hut 8, Iris Energy and CompoSecure. Learn More about companies similar to Famous Dave‘s of America.

How do I contact Famous Dave's of America's investor relations team?

Famous Dave's of America's physical mailing address is 12701 WHITEWATER DRIVE SUITE 290, MINNETONKA MN, 55343. The restaurant operator's listed phone number is 952-294-1300 and its investor relations email address is [email protected]. The official website for Famous Dave's of America is www.famousdaves.com. Learn More about contacing Famous Dave‘s of America investor relations.