The Kura Sushi USA Inc (KRUS) share price is expected to decrease by 2% over the next year. This is based on calculating the average 12-month share price estimate provided by 9 stock analysts who have covered KRUS. Price targets range from $78 at the low end to $120 at the high end. The current analyst consensus for KRUS is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 9 Wall Street analysts have assignedKRUS 5 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect Kura Sushi USA Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on KRUS. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of KRUS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jeffrey Bernstein Barclays | Equal-Weight | $90 | Maintains | Nov 8, 2024 |
Brian Mullan Piper Sandler | Neutral | $98 | Maintains | Nov 7, 2024 |
Jeremy Hamblin Craig-Hallum | Buy | $120 | Maintains | Nov 7, 2024 |
Jeffrey Bernstein Barclays | Equal-Weight | $70 | Maintains | Oct 22, 2024 |
Jim Sanderson Northcoast Research | Buy | $79 | Initiates | Sep 10, 2024 |
Brian Mullan Piper Sandler | Neutral | $63 | Maintains | Jul 11, 2024 |
Citigroup | Neutral | Maintains | Jul 11, 2024 | |
Barclays | Equal-Weight | Maintains | Jul 11, 2024 | |
Jeffrey Bernstein Barclays | Equal-Weight | $60 | Maintains | Jul 10, 2024 |
Jon Tower Citigroup | Neutral | $68 | Maintains | Jul 10, 2024 |
Mark Smith Lake Street | Hold | $64 | Maintains | Jul 10, 2024 |
Todd Brooks Benchmark | Buy | $90 | Reiterates | Jul 10, 2024 |
Jeremy Hamblin Craig-Hallum | Buy | $85 | Maintains | Jul 10, 2024 |
George Kelly Roth MKM | Buy | $70 | Reiterates | Jul 10, 2024 |
Mark Smith Lake Street | Hold | $72 | Maintains | Jul 1, 2024 |
Jeffrey Bernstein Barclays | Equal-Weight | $65 | Maintains | Jun 28, 2024 |
Todd Brooks Benchmark | Buy | $115 | Reiterates | Jun 28, 2024 |
George Kelly Roth MKM | Buy | $90 | Reiterates | Jun 28, 2024 |
Jeremy Hamblin Craig-Hallum | Buy | $120 | Maintains | Jun 28, 2024 |
Todd Brooks Benchmark | Buy | $115 | Reiterates | Jun 24, 2024 |
When did it IPO
2019
Staff Count
3,300
Country
United States
Sector/Industry
Consumer Cyclical/Restaurants
CEO
Mr. Hajime Uba
Market Cap
$1.29B
In 2023, KRUS generated $187.4M in revenue, which was a increase of 32.84% from the previous year. This can be seen as a signal that KRUS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - KRUS shows strong stock performance backed by solid fundamentals and effective growth strategies.
Why It Matters - KRUSโs strong fundamentals and strategic growth initiatives indicate potential for continued stock appreciation, making it an attractive option for investors seeking growth opportunities.
Summary - Five restaurant stocks with strong growth potential for 2024 have been identified: EAT, SHAK, KRUS, CAVA, and BROS.
Why It Matters - Targeting specific restaurant stocks signals potential investment opportunities with growth prospects, influencing market sentiment and investment strategies in the sector.
Summary - Kura Sushi (KRUS) and El Pollo Loco Holdings (LOCO) have been compared to their sector's performance for the year. Further details on their specific performance were not provided.
Why It Matters - Performance comparisons to sector peers indicate relative strength or weakness, influencing investor sentiment and potential stock price movements for Kura Sushi and El Pollo Loco.
Summary - Stocks CAVA, BROS, SHAK, EAT, and KRUS are expected to benefit from the consistent growth in restaurant sales.
Why It Matters - Growth in restaurant sales signals increased consumer spending, which can boost revenues for stocks like CAVA, BROS, SHAK, EAT, and KRUS, potentially leading to higher stock prices.
Summary - Kura Sushi USA, Inc. (NASDAQ: KRUS) has launched an underwritten public offering of its Class A common stock, with a 30-day option for underwriters to buy additional shares.
Why It Matters - Kura Sushi's public offering may dilute existing shares, impacting stock value. Investor sentiment could be affected by market conditions and the company's financial strategy.
Summary - Kura Sushi USA, Inc. (NASDAQ: KRUS) announced a public offering of 695,938 shares at $85.00 each, aiming for $56.2 million in proceeds. An additional 104,390 shares may be offered to underwriters. Closing is expected on November 13, 2024.
Why It Matters - Kura Sushi's public offering raises capital, potentially enhancing liquidity for growth initiatives. The share price and demand may indicate investor sentiment and market confidence in the company.