AI BLMN Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: BLMN may benefit from a rebound in consumer spending as industry trends show signs of recovery, potentially driving shares upward. Significant volume in call options suggests bullish sentiment ahead, particularly if earnings improve markedly in the upcoming quarters.


Bearish Case: Weak economic indicators and consumer spending may continue to hurt BLMN, especially if inflation rises, causing further declines. Demand for casual dining remains uncertain, as evidenced by high put volume, indicating bearish market sentiment.


Potential Outcomes:

1. Stabilization leading to price recovery to $20 (30% chance).

2. Continued slide to $16 amid economic pressures (40% chance).

3. Earnings miss causing drastic decline to $14 (25% chance).

4. Short-covering rally to $18 (5% chance).


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September 18, 2024


Bloomin Brands Forecast

BLMN      Bloomin Brands











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