NYSE: QSR

Restaurant Brands International (QSR) Stock Analysis & Forecast

Sep 28 close

$71.43−0.21 (−0.3%)

Gekko Brief

AI summary

Analyst attention has centered on Restaurant Brands International this week, with Argus Research downgrading the stock to "Hold" from "Buy," citing mixed performance across brands, strength in Burger King offsetting weaknesses in Tim Hortons and Popeyes. Despite the downgrade, Argus reaffirmed a hold view with a price target referenced at $84.04, and separate coverage notes a "Moderate Buy" consensus among analysts, with a consensus 12-month price target also cited at $84.04. Other coverage compared QSR against McDonald's as quick-service peers, and noted shares crossing below the 50-day moving average.

QSR closed at $71.43, down 0.3%, sitting between its 50-day average of $75.64 and 200-day average of $73.64, with the stock down 8.5% over one month, roughly flat over six months, and up 10.6% over one year. The GekkoIndex reads 69.1, placing the stock in the Accumulation zone. Price sits 36.7% below Gekko Fair Value of $112.78.

The next earnings date falls on 29 October, 30 days out, placing it outside a typical 20-trading-day window. Over the last 90 days, Congress recorded 1 buy and 0 sells. Analyst coverage totals 17 firms, with 10 buy, 6 hold, and 1 sell ratings, and a consensus target of $86.04 implying 20.5% upside. Seasonality over the next 20 trading days averaged 0% across 5 years, with gains in 2 of them.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Restaurant Brands International price vs fair value

▲$112.78$71.43Sep ’25Mar ’26Sep ’26
Close $71.43200-day averageGekko Fair Value $112.78

Restaurant Brands International quick facts

Market cap
$24.79B
P/E ratio
17.8
Forward P/E
11.7
EPS, TTM
$3.98
Revenue, TTM
$9.70B
Profit margin
13.1%
Dividend yield
3.54%
Beta
0.53
Volume
3.43M avg 3.44M
1-year return
+10.6%
Typical daily move
±2.3%
Typical 20-day move
±4.3%
50-day average
$75.64
200-day average
$73.64
Next earnings
Oct 29
Shares outstanding
348.8M
52-week range
$64.11$81.96

Restaurant Brands International swing-trade checklist

Restaurant Brands International scores 4 supportive, 2 mixed and 0 headwinds across the 6 checklist items with data.

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

4 supportive2 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $71.43 sits between the 50-day ($75.64) and 200-day ($73.64) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    69.1, Accumulation

    Reading 69.1 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    36.7% below

    Price is 36.7% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: Congress 1 buy / 0 sales.

    See smart money
  • Earnings risksupportive

    Reports in 30 days

    Next report Oct 29, 2026, 30 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    0.0% on average

    From this point in the calendar, the next 20 trading days averaged 0% over 5 years, rising in 2 of them.

    See seasonality

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

Restaurant Brands International stock chart and price history

Restaurant Brands International closed at $71.43 on Sep 28, 2026, +10.6% over the past year, inside a 52-week range of $64.11 to $81.96.

Close50-day average200-day averageVolume
Restaurant Brands International share price, past year, with 50-day and 200-day moving averages and volume$65$70$75$80NovDecJan 2026FebMarAprMayJunJulAugSep71.43

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

Performance Breakdown

1 month
−8.5%
3 months
−2.5%
6 months
0.0%
1 year
+10.6%
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About Restaurant Brands International

Restaurant Brands International runs a group of quick-service restaurant chains rather than a single brand. Its portfolio includes Tim Hortons, known for coffee, tea, donuts and baked goods alongside sandwiches and soups; Burger King, recognized for flame-grilled hamburgers, chicken sandwiches and fries; Popeyes Louisiana Kitchen, which focuses on Louisiana-style fried chicken, tenders and seafood with sides like red beans and rice; and Firehouse Subs, which sells submarine sandwiches and related items. Together these brands make up the company's identity as a multi-concept restaurant operator.

The company both operates and franchises locations under these four names, extending its reach through franchise partners worldwide. Its customers are everyday diners visiting these restaurants for coffee, fast food, fried chicken or sandwiches, depending on the brand. At one point the combined network reached roughly 29,000 restaurants spread across about 100 countries, reflecting the scale franchising has given the group.

Restaurant Brands International is based in Toronto, Canada, and traces its founding to 1954. Its shares are listed on the NYSE under the ticker QSR.

Listed
NYSE
Sector
Consumer services
Industry
Restaurants
Website
rbi.com

Restaurant Brands International GekkoIndex: the smart money zone

Restaurant Brands International’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 69.1, in the Accumulation zone, down 0.1 points over five sessions.

010069.1Accumulation

Down 0.1 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying44+1.4%+2.2%+3.7%+3.7%
Accumulation (current zone)202+0.1%+0.7%+1.7%+1.7%
Neutral409−0.1%−0.5%−0.9%−1.1%
Distribution15−2.4%−2.4%−5.1%−6.0%
Selling2Too few readings yet

Average QSR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

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

Is Restaurant Brands International stock overvalued? Gekko Fair Value

Restaurant Brands International trades 36.7% below Gekko Fair Value of $112.78, so the shares are undervalued on Gekko’s estimate.

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

$112.78

Gekko Fair Value, Sep 26, 2026

36.7% Undervalued

How Gekko Fair Value works →

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

Restaurant Brands International insider and Congress trading

No open-market insider purchases were filed for Restaurant Brands International, and members of Congress disclosed 1 purchase and 0 sales, 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 QSR in the last 90 days.

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

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

Congress trades last 90 days

1trade disclosed: 1 purchase and 0 sales.

MemberTypeAmountDisclosed
Josh Gottheimer
House, NJ, purchase
Purchase$1,001 - $15,000Sep 15
traded Aug 6

From congressional disclosures, which report amounts as ranges.

Buybacks

Restaurant Brands International has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$145.0M
As a share of market cap
0.58%

From company filings.

Hedge funds and billionaires quarter ended Jun 30

4of the funds Gekko tracks hold QSR.

2added0opened2trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Restaurant Brands International earnings: next date and track record

Restaurant Brands International reports on Oct 29, 2026 (30 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±2.6%average move across the report
0 of 8reports followed by a gain

Share-price move across each report

−2.5%Nov ’24−0.7%Feb ’25−1.1%May ’25−6.0%Aug ’25−0.5%Oct ’25−6.4%Feb ’26−3.1%May ’26−0.8%Aug ’26

Last earnings call, Aug 6, 2026 AI summary

What they said
RBI delivered a strong Q2 2026 driven by solid same-store sales and unit growth across its brands. System-wide sales rose 6.4% with same-store sales up 3.8% and net restaurant growth of 2.9%, which translated into 6.7% organic adjusted operating income (AOI) growth and 12.9% adjusted EPS growth. Burger King was a standout, posting high-single-digit comps in the U.S. and continuing momentum from prior quarters. Tim Hortons (Canada) and International each delivered their 21st consecutive quarters of positive same-store sales growth, with cold beverage innovation (e.g., Matcha) and marketing improvements cited as drivers. Popeyes is recovering, with management expecting the back half of 2026 to be positive following value and operations initiatives. Management highlighted capital returns ($435M in Q2; on track to repurchase ~$500M for the year), strong free cash flow generation ($501M), progress toward investment-grade leverage, and a strategic path to 5% net restaurant growth by 2028. The tone was confident and execution-focused, with management citing continued alignment with franchisees and opportunities to drive further growth through remodels, refranchising, and localized international expansion.
Guidance
Full-year adjusted effective tax rate expected to be between 18% and 19%; on track to repurchase approximately $500 million of stock for the full year; management expects net restaurant growth to accelerate through H2 2026 toward the 5% unit growth target by 2028; management reiterated their 2026 AOI growth algorithm (8% AOI growth referenced during Q&A) and long-term same-store sales algorithm of 3%; expects Popeyes to be positive in the back half of 2026; continued path toward corporate investment-grade leverage.
Risks flagged
Headwinds called out include elevated beef costs (all-time highs) that pressure franchisee P&Ls and could influence remodel timing; operational variability at Popeyes requiring field-team intervention; competitive pressure in Canada (e.g., Starbucks re-entry and other chains) although management characterized much of performance as controllable; refranchising transactions timing is non-linear and requires finding appropriate buyers; forward-looking statements are subject to risks detailed in the press release and SEC filings.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 6, 2026$1.07
est $1.03
+3.9%$2.52B
est $2.52B
0.0%−0.8%
May 6, 2026$0.86
est $0.83
+3.6%$2.26B
est $2.24B
+0.9%−3.1%
Feb 12, 2026$0.96
est $0.95
+1.1%$2.47B
est $2.41B
+2.3%−6.4%
Oct 30, 2025$1.03
est $1.00
+3.2%$2.45B
est $2.39B
+2.4%−0.5%
Aug 7, 2025$0.94
est $0.97
−2.9%$2.41B
est $2.34B
+2.9%−6.0%
May 8, 2025$0.75
est $0.78
−4.1%$2.11B
est $2.15B
−1.9%−1.1%
Feb 12, 2025$0.81
est $1.10
−26.4%$2.30B
est $2.27B
+1.2%−0.7%
Nov 5, 2024$0.93
est $0.95
−2.1%$2.29B
est $2.39B
−4.0%−2.5%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Restaurant Brands International stock forecast and analyst price targets

Analysts’ average 12-month price target for Restaurant Brands International is $86.04, +20.5% from the last close, from 17 firms rating the stock in the last 90 days.

$86.04consensus 12-month target, +20.5% from the last close
Low $79High $95
Buy10
Hold6
Sell1

Each firm’s latest rating in the last 90 days: 17 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 24Argus ResearchHold, downgraded——
Sep 17GuggenheimBuy, reiterated$86+20.4%
Sep 15Seaport GlobalBuy, initiated$88+23.2%
Sep 1CitiHold, maintained$80+12.0%
Aug 24Robert W. BairdHold, maintained$85+19.0%
+1.7%average 20-day move after past Accumulation readings
0.0%average move over the next 20 trading days in the last 5 years
±2.3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Restaurant Brands International seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Restaurant Brands International averaged 0.0% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−8.3%2021+7.5%2022−1.1%2023−1.4%2024+2.7%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.5%2 of 5
Next 10 trading days−1.3%1 of 5
Next 15 trading days+0.4%2 of 5
Next 20 trading days0.0%2 of 5
Next 30 trading days+2.3%3 of 5

For scale, QSR’s typical 20-trading-day move in either direction is about 4.3%.

Restaurant Brands International market cap and key statistics

Restaurant Brands International’s market cap is $24.79B, with a P/E ratio of 17.8 and revenue of $9.70B over the last twelve months.

Valuation

Market cap
$24.79B
P/E ratio
17.8
Forward P/E
11.7
EPS, TTM
$3.98
Gekko Fair Value
$112.78

Trading

Volume
3.43M
Avg volume, 20 days
3.44M
52-week high
$81.96
52-week low
$64.11
Shares outstanding
348.8M

Financials

Revenue, TTM
$9.70B
Profit margin
13.1%
Return on equity
34.8%
Quarterly earnings growth, YoY
+151.2%

Risk and income

Beta
0.53
Typical daily move
±2.3%
Typical 20-day move
±4.3%
Dividend yield
3.54%

Restaurant Brands International peers

Restaurant Brands International’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−0.9%Buying14.3% below
SBUXStarbucks+1.1%Buying11.3% above
CMGChipotle Mexican Grill+2.1%Buying6.2% below
YUMYum! Brands−0.4%Accumulation24.5% below
DRIDarden Restaurants−1.9%Accumulation26.6% below
YUMCYum China+0.2%Accumulation47.8% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Restaurant Brands International stock FAQ

What is Restaurant Brands International’s market cap?

Restaurant Brands International’s market cap is $24.79B at the Sep 28, 2026 close of $71.43, with 348.8M shares outstanding. The shares trade on a P/E ratio of 17.8.

What is the Restaurant Brands International stock forecast?

The consensus analyst 12-month price target for Restaurant Brands International is $86.04, +20.5% from the last close. Of the 17 firms that rated the stock in the last 90 days, 10 rate it a buy, 6 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is Restaurant Brands International stock overvalued or undervalued?

On Gekko’s estimate Restaurant Brands International is undervalued: the Sep 28, 2026 close of $71.43 is 36.7% below Gekko Fair Value of $112.78. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Restaurant Brands International report earnings next?

Restaurant Brands International is expected to report on Oct 29, 2026 (30 days away). Analysts expect earnings of $1.07 per share on revenue of $2.54B. Restaurant Brands International beat the earnings estimate in 4 of its last 8 reports, moving 2.6% on average across the report.

What is Restaurant Brands International’s 52-week high and low?

Restaurant Brands International’s 52-week high is $81.96 and its 52-week low is $64.11; it closed at $71.43 on Sep 28, 2026, +10.6% over the past year. Over the last five years the shares peaked at $83.29 on Mar 13, 2024.

Is Restaurant Brands International stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, smart money and earnings risk), 2 as mixed (trend and seasonality). 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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