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Red Robin Gourmet Announces Equity Offering Program

Story Highlights
  • Red Robin announced an equity offering program to sell shares worth up to $40 million.
  • Proceeds from the share sales will support working capital, debt repayment, and general purposes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Red Robin Gourmet Announces Equity Offering Program

TipRanks Black Friday Sale

Red Robin Gourmet ( (RRGB) ) has provided an update.

On November 10, 2025, Red Robin Gourmet Burgers, Inc. announced an ‘at-the-market equity offering’ program, allowing the company to sell shares of its common stock through Evercore Group L.L.C. with a total value of up to $40 million. The proceeds from this program are intended for working capital, debt repayment, and other general purposes, potentially impacting the company’s financial flexibility and market positioning.

The most recent analyst rating on (RRGB) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Red Robin Gourmet stock, see the RRGB Stock Forecast page.

Spark’s Take on RRGB Stock

According to Spark, TipRanks’ AI Analyst, RRGB is a Underperform.

Red Robin Gourmet’s overall stock score is primarily impacted by its weak financial performance and valuation metrics. The company faces significant financial challenges, including declining revenues, high leverage, and liquidity issues. Technical analysis suggests bearish momentum, although the stock is oversold, indicating potential for a short-term rebound. The earnings call provided some positive operational improvements, but the outlook remains cautious due to ongoing challenges.

To see Spark’s full report on RRGB stock, click here.

More about Red Robin Gourmet

Red Robin Gourmet Burgers, Inc. is a casual dining restaurant chain founded in 1969, known for its gourmet burgers and a variety of other menu items served in a playful atmosphere. The company operates nearly 500 locations in the United States and Canada, including franchise agreements, and offers online ordering for to-go, delivery, and catering.

Average Trading Volume: 283,445

Technical Sentiment Signal: Strong Sell

Current Market Cap: $84M

Learn more about RRGB stock on TipRanks’ Stock Analysis page.

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