Cheesecake Factory (CAKE)

• Market cap: $2.37B
• 1 day: 2.26%
• 5 days: 6.05%
• 1 month: 1.27%
• 3 months: -1.83%
• 6 months: 13.65%
• Year to date: -1.30%
• 1 year: 42.98%
• 5 years: 155.72%
• 10 years: -1.60%
• Sector: Consumer Discretionary
• Industry: Restaurants

About: Cheesecake Factory Inc owns and operates restaurants in the United States and Canada under brands that include The Cheesecake Factory, North Italia, and a collection within the Fox Restaurants Concepts subsidiary. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, other FRC, and Flower Child. Majority of the company's revenue comes from The Cheesecake Factory restaurants segment.

Employees: 47,900

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 3 (+2) [Q4]

91% more call options, than puts

Call options by funds: $35.5M | Put options by funds: $18.6M

88% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 32

27% more capital invested

Capital invested by funds: $1.89B [Q3] → $2.4B (+$517M) [Q4]

19% more repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 83

9% more funds holding

Funds holding: 271 [Q3] → 295 (+24) [Q4]

7.78% more ownership

Funds ownership: 91.49% [Q3] → 99.27% (+7.78%) [Q4]

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $40 16% downside
• Avg. target: $53 10% upside
• High target: $64 34% upside

11 analyst ratings

• positive: 4 36%
• neutral: 3 27%
• negative: 4 36%

Citigroup Jon Tower 40% 1-year accuracy 14 / 35 met price target	30% upside $62	Buy Maintained	15 Apr 2025
Baird David Tarantino 50% 1-year accuracy 15 / 30 met price target	4% downside $46	Neutral Maintained	7 Apr 2025
JP Morgan John Ivankoe 69% 1-year accuracy 20 / 29 met price target	0% upside $48	Underweight Maintained	20 Mar 2025
Morgan Stanley John Glass 42% 1-year accuracy 13 / 31 met price target	16% downside $40	Underweight Maintained	20 Feb 2025
UBS Dennis Geiger 48% 1-year accuracy 10 / 21 met price target	6% downside $45	Sell Maintained	20 Feb 2025