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Raymond James analyst Brian Vaccaro maintains Jersey Mike's Subs (NYSE:JMKE) with a Outperform and lowers the price target from $29 to $26.
Jersey Mike's now trades at ~18x EBITDA, offering improved asymmetry and double-digit upside, justifying an upgrade to 'Buy.' Click for more on JMKE stock.

The IPO market may be in a bit of a slump as investors wait for Anthropic to finally file officially for a stock sale.
Even the hint of interest in restaurant stocks is good for the sector.
Jersey Mike's stock (JMKE) jumped 8% on takeover talk pin action. Read analyst price targets and Q3 earnings expectations.

TINTON FALLS, N.J., October 07, 2026--Jersey Mike's Subs Inc. ("Jersey Mike's" or the "Company") (NYSE: JMKE) today announced that it will host a conference call and webcast to discuss its fiscal third quarter 2026 financial results and business updates on Wednesday, October 28, 2026 at 8:30 AM Eastern Time.
TD Cowen analyst Andrew M. Charles maintains Jersey Mike's Subs (NYSE:JMKE) with a Buy and lowers the price target from $26 to $22.