Dri stock price forecast the upcoming earnings call remains a

The upcoming earnings call remains a critical data point for the "DRI stock price forecast", as guidance updates could shift consensus price targets by $5–$10 depending on same-store sales trajectory. Technical indicators suggest continued strong performance for DRI. As of Thursday, Darden stock was trading above its 50-day moving average of $168.23 and its 200-day moving average of $155.64. The technical strength underscores positive market sentiment and confidence in DRI’s financial health and prospects. Darden Restaurants announced that its Board of Directors has initiated a stock repurchase plan on Friday, June 20th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the restaurant operator to buy up to 3.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued. Data from consumer spending indices suggest continued resilience supporting the "DRI stock price forecast", even in periods of mild economic slowdown.