The ONE Group Hospitality, Inc. (STKS) Seen as Long-Term Opportunity Despite Q4 Revenue Miss

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On January 16, Lake Street analyst Mark Smith lowered the firm’s price target on The ONE Group Hospitality, Inc. (NASDAQ:STKS) to $4 from $5 while maintaining a Buy rating on the shares. The revision followed the company’s release of preliminary fourth-quarter revenue and comparable sales results that came in below the firm’s expectations. Lake Street characterized the performance as a solid finish to the year despite a challenging consumer environment and noted that the updated valuation reflects a revised 2026 adjusted EBITDA estimate of $102.4 million.

Looking ahead, management had also provided full-year guidance during the company’s third-quarter 2025 earnings call. The ONE Group Hospitality, Inc. (NASDAQ:STKS) projected fiscal 2025 GAAP revenue in the range of $820 million to $825 million, alongside plans to open five to seven new venues.

Founded in 2004 and headquartered in Denver, Colorado, The ONE Group Hospitality, Inc. (NASDAQ:STKS) is an international restaurant company that develops and operates upscale, high-energy dining concepts and lounges. The company also provides hospitality management services for hotels, casinos, and other premium venues across the United States and internationally.

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