Senatore cited menu innovation and featured value as contributing to more stable same-store traffic. On the cost side, supply-chain savings are offsetting inflation, allowing BofA to raise its FY26 adjusted EBITDA estimate to $288M from $279M.
Bernstein's analysis suggests that the recent selloff creates an attractive entry point for investors, emphasizing that TurboQuant should have 'zero impact' on hard disk drive demand and 'negligible impact' on NAND demand.
Truist's upgrade centers on improving profitability expectations. The firm raised its 2026 adjusted EBITDA estimates for Airbnb after Q4 results showed the company's investment cycle beginning to stabilize.
TD Cowen's Itay Michaeli believes significant sales uptake for the R2 will far exceed what Wall Street is currently modeling, potentially unlocking profitability and sending shares higher. He forecasts full-scale U.S. demand for the model in the range of 212,000 to 335,000 units annually once production hits stride. That range sits well above consensus estimates and could drive meaningful upside to 2027 revenue and EBITDA forecasts.