NYSE: BH.A

Biglari (BH.A) Stock Analysis & Forecast

Oct 12 close

$1,808.58+9.47 (+0.5%)

Gekko Brief

AI summaryOct 12 close

Biglari (BH.A) trades at $1808.58, sitting between its 50-day average of $1860.52 and 200-day average of $1831.76, a sign of mixed trend signals. Shares are down 2% over the past month and 7.7% over three months, though still up 8.5% over the past year. The GekkoIndex reads 57.7, placing it in the Neutral zone, with the index up 1.7 over the past five sessions. Price sits 6.7% above Gekko Fair Value of $1695.63, a gap that has widened into headwind territory by the checklist's own terms.

No confirmed earnings date appears on the calendar, and no insider, Congress or unusual options activity shows up within the respective 90-day and 30-day windows tracked. Seasonality offers a modestly supportive signal: over the past 4 years, the 20 trading days following this point in the calendar averaged a 2.7% gain, with gains occurring in 3 of those 4 years. Typical daily movement for the stock runs around 3.3%, with a typical 20-day swing near 9.8%, context worth keeping in mind given the stock's 52-week range between $1238 and $2513. With no fresh catalysts or smart-money signals currently registering, the interplay between the fair-value gap and seasonal tendency stands out as the notable dynamic heading into the next stretch of trading days.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Biglari price vs fair value

$1,809$1,696Oct ’25Apr ’26Oct ’26
Close $1,808.58200-day averageGekko Fair Value $1,695.63

Biglari quick facts

Market cap
$1.14B
P/E ratio
—
Forward P/E
—
EPS, TTM
−$113.69
Revenue, TTM
$405.6M
Profit margin
-7.3%
Dividend yield
—
Beta
0.51
Volume
28,975 avg 39,187
1-year return
+8.5%
Typical daily move
±3.3%
Typical 20-day move
±9.8%
50-day average
$1,860.52
200-day average
$1,831.76
Next earnings
—
Shares outstanding
214,480
52-week range
$1,238.00$2,513.00

Biglari swing-trade checklist

Biglari scores 1 supportive, 2 mixed and 1 headwind across the 4 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

1 supportive2 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $1808.58 sits between the 50-day ($1860.52) and 200-day ($1831.76) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    57.7, Neutral

    Reading 57.7 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    6.7% above

    Price is 6.7% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskno data

    No data

    No confirmed report date on the calendar.

  • Seasonalitysupportive

    +2.7% on average

    From this point in the calendar, the next 20 trading days averaged +2.7% over 4 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Biglari stock chart and price history

Biglari closed at $1,808.58 on Oct 12, 2026, +8.5% over the past year, inside a 52-week range of $1,238.00 to $2,513.00.

Close50-day average200-day averageVolume
Biglari share price, past year, with 50-day and 200-day moving averages and volume$1500$2000$2500NovDecJan 2026FebMarAprMayJunJulAugSepOct1808.58

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−2.0%
3 months
−7.7%
6 months
+2.1%
1 year
+8.5%
The full BH.A chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open BH.A in Gekko

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About Biglari

Biglari runs a mix of businesses built around restaurant brands, insurance, energy, and media. It owns and franchises Steak n Shake locations throughout the United States, combining company-run restaurants with franchise partner units and traditional franchise outlets, and it also licenses the Western Sizzlin chain through a small number of company-operated and franchised sites. The restaurant side is what most people associate with the company's name.

Outside of dining, Biglari underwrites insurance products aimed at the trucking industry, including commercial policies, physical damage coverage, and non-trucking liability, along with broader property and casualty offerings. It also holds oil and natural gas assets in the Gulf of Mexico and runs a media arm that publishes and licenses MAXIM-branded magazines and related products. Alongside these operating segments, the company manages its own capital through investment activity.

The business traces back to 1934, when it began as The Steak n Shake Company, before being renamed Biglari Holdings Inc. in April 2010. It is headquartered in San Antonio, Texas, and its shares trade on the NYSE under the ticker BH.A.

Listed
NYSE
Sector
Consumer services
Industry
Restaurants
Website
biglariholdings.com

Biglari GekkoIndex: the smart money zone

Biglari’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 57.7, in the Neutral zone, up 1.7 points over five sessions.

010057.7Neutral

Up 1.7 points over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying24+1.2%+1.2%+10.2%+33.6%
Accumulation28−1.2%−0.6%+4.4%+25.8%
Neutral (current zone)49−0.2%−0.4%−0.1%+3.4%
Distribution18+3.4%+6.9%+3.3%+0.4%
Selling2Too few readings yet

Average BH.A share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the BH.A price, zone by zone.Track BH.A in Gekko

Is Biglari stock overvalued? Gekko Fair Value

Biglari trades 6.7% above Gekko Fair Value of $1,695.63, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Biglari shares are worth, recalculated every trading day.

$1,695.63

Gekko Fair Value, Oct 10, 2026

6.7% Overvalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open BH.A in Gekko

Biglari insider and Congress trading

No open-market insider purchases were filed for Biglari, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for BH.A in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every BH.A insider filing, plotted on the chart in Gekko.Open BH.A in Gekko

Congress trades last 90 days

No trades in BH.A were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for BH.A, plotted on the chart in Gekko.Open BH.A in Gekko

Biglari seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Biglari averaged +2.7% across the last 4 years, rising in 3 of them.

Next 20 trading days, by year

−14.1%2021+5.0%2023+35.7%2024+8.7%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.6%2 of 4
Next 10 trading days+5.0%3 of 4
Next 15 trading days+4.1%3 of 4
Next 20 trading days+2.7%3 of 4
Next 30 trading days+3.2%2 of 4

For scale, BH.A’s typical 20-trading-day move in either direction is about 9.8%.

Biglari market cap and key statistics

Biglari’s market cap is $1.14B and revenue of $405.6M over the last twelve months.

Valuation

Market cap
$1.14B
EPS, TTM
−$113.69
Gekko Fair Value
$1,695.63

Trading

Volume
28,975
Avg volume, 20 days
39,187
52-week high
$2,513.00
52-week low
$1,238.00
Shares outstanding
214,480

Financials

Revenue, TTM
$405.6M
Profit margin
-7.3%
Return on equity
-5.2%
Quarterly earnings growth, YoY
−22.5%

Risk and income

Beta
0.51
Typical daily move
±3.3%
Typical 20-day move
±9.8%

Biglari peers

Biglari’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MCDMcDonald's+0.2%Accumulation11.4% below
SBUXStarbucks+1.2%Accumulation10.2% above
YUMYum! Brands+1.6%Neutral19.8% below
CMGChipotle Mexican Grill−1.1%Accumulation10.0% below
QSRRestaurant Brands International+0.8%Accumulation37.4% below
DRIDarden Restaurants+1.6%Accumulation14.9% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Biglari stock FAQ

What is Biglari’s market cap?

Biglari’s market cap is $1.14B at the Oct 12, 2026 close of $1,808.58, with 214,480 shares outstanding.

Is Biglari stock overvalued or undervalued?

On Gekko’s estimate Biglari is overvalued: the Oct 12, 2026 close of $1,808.58 is 6.7% above Gekko Fair Value of $1,695.63. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

What is Biglari’s 52-week high and low?

Biglari’s 52-week high is $2,513.00 and its 52-week low is $1,238.00; it closed at $1,808.58 on Oct 12, 2026, +8.5% over the past year.

Is Biglari stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 1 of the 4 items with data read as supportive (seasonality), 2 as mixed (trend and gekkoindex) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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