Jack in the Box price target lowered to $15 from $17 at Goldman Sachs

Goldman Sachs analyst Christine Cho lowered the firm’s price target on Jack in the Box (JACK) to $15 from $17 and keeps a Sell rating on the shares. The Q4 EPS miss was driven by weak comps, margin pressure from sales deleverage, beef inflation, and Chicago labor costs, leading to sharply lower EBITDA, the analyst tells investors in a research note. Despite restructuring efforts under the JACK on Track plan, traffic softness and a tough quick service restaurant backdrop persist, making 2026 a rebuilding year and leaving the equity story unchanged with a continued negative outlook, the firm says.