Darden Restaurants Stock: Is Wall Street Bullish or Bearish?

Darden Restaurants, Inc. (DRI), headquartered in Orlando, Florida, operates a portfolio of full-service restaurants across North America. Valued at a market capitalization of $19.3 billion, its well-known brands include Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Seasons 52, Capital Burger, and others.

DRI has substantially underperformed the broader market over the past year. Over the past 52 weeks, DRI surged 3.2% compared to the S&P 500 Index’s ($SPX) 31.1% returns. In 2024 alone, DRI dropped 2.1% versus SPX’s 24.1% gains on a YTD basis.