Good Times Restaurants Inc (GTIM)

NASDAQConsumer DiscretionaryRestaurantsSnapshot 2026-10-23

$1.29-1.53%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge Good Times Restaurants Inc’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	34.35M
EPS	—	0.03
Annual ending 2027-09-30
Revenue	—	98.96M
EPS	—	-0.11
Annual ending 2028-09-30
Revenue	—	110.45M
EPS	—	-0.15

Management figures unavailable.

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Net income improvement for both restaurant brands	Good Times Restaurants is improving profits, with net income rising from -$3,000 to $149,000 recently.	Intact	net income falls below $0 in any quarter through 2026-Q2	Net income: $1.907M FY2026-Q3; GAAP. Published target: >= $149,000 net income in 2026-Q2. The stored target says 2026-Q2; this source reports FY2026-Q3. Fiscal/calendar alignment needs review. Source published Aug 6, 20261,907,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q3 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 7e345516-19a4-4e6b-8cd2-81617281b179. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 3 of last 3 quarters. Net income attributable to common shareholders grew from about $1.0 million in 2025-Q4 to $1.9 million in 2026-Q2. Operating income year-to-date improved from $796,000 in 2025-Q3 to $2.2 million in 2026-Q3. Management's statements and financial results show delivering progress on improving profitability for both brands. Delivery assessment Oct 24, 2026
Revenue growth for both restaurant brands	A primary condition in Good Times Restaurants Inc's published investment case. The stated target is >= $33.2M revenue in 2026-Q2.	Intact	revenue falls below $32.7M in any quarter through 2026-Q2	Revenue: $35.167M FY2026-Q3; GAAP. Published target: >= $33.2M revenue in 2026-Q2. The stored target says 2026-Q2; this source reports FY2026-Q3. Fiscal/calendar alignment needs review. Source published Aug 6, 202635,167,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q3 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 7e345516-19a4-4e6b-8cd2-81617281b179. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Maintain valuation discount to peers	A supporting condition in Good Times Restaurants Inc's published investment case. The stated target is PE below 15 through next 12 months.	Intact	PE rises above 20 without profit growth	P/E (TTM): 6.12x As of 2026-10-23; trailing twelve months. The target timing and basis require a separate assessment. Market data as of Oct 23, 20266.1224 ratio · calculatedLast status assessment Oct 24, 2026 Measurement source consolidated · TTM valuation Period ending Oct 23, 2026 Source: mart.stock_valuation_daily. Reference: GTIM:2026-10-23. Source status: canonical calculation. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2028 · fiscal year ending 2028-09-30 · fmp

FY2028 EPS: comparable history unavailable.

FY2028 revenue: comparable history unavailable.

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2028 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-10-01	Unavailable	Unavailable	1 / 1
2026-10-02	Unavailable	Unavailable	1 / 1
2026-10-03	Unavailable	Unavailable	1 / 1
2026-10-04	Unavailable	Unavailable	1 / 1
2026-10-05	Unavailable	Unavailable	1 / 1
2026-10-06	Unavailable	Unavailable	1 / 1
2026-10-07	Unavailable	Unavailable	1 / 1
2026-10-08	Unavailable	Unavailable	1 / 1
2026-10-09	Unavailable	Unavailable	1 / 1
2026-10-10	Unavailable	Unavailable	1 / 1
2026-10-11	Unavailable	Unavailable	1 / 1
2026-10-12	Unavailable	Unavailable	1 / 1
2026-10-13	Unavailable	Unavailable	1 / 1
2026-10-14	Unavailable	Unavailable	1 / 1
2026-10-15	Unavailable	Unavailable	1 / 1
2026-10-16	Unavailable	Unavailable	1 / 1
2026-10-17	Unavailable	Unavailable	1 / 1
2026-10-18	Unavailable	Unavailable	1 / 1
2026-10-19	Unavailable	Unavailable	1 / 1
2026-10-20	Unavailable	Unavailable	1 / 1
2026-10-21	Unavailable	Unavailable	1 / 1
2026-10-22	Unavailable	Unavailable	1 / 1
2026-10-23	Unavailable	Unavailable	1 / 1
2026-10-24	Unavailable	Unavailable	1 / 1

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Monthly analyst history is unavailable.

0 upgrades0 downgrades0 maintains

Recent actions · Sep 25–Oct 24 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Net income improvement for both restaurant brandsNet income: $1.907M
Revenue growth for both restaurant brandsRevenue: $35.167M
Maintain valuation discount to peersP/E (TTM): 6.12x

Next proof point

Next earnings date unavailable

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

1.3%Typical daily move · historical

Downside history

-44.3%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Good Times Restaurants Inc outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

GTIM is a high-risk restaurant business with recent financial performance that is strong, but it remains loss-making on the earnings-quality measure. Its multi-year view is intact, though confidence has eased from high to medium and the evidence supports a cautious, execution-dependent thesis.

What's priced into Good Times Restaurants Inc

The valuation evidence describes GTIM as cheap versus peers, while the priced-in tag says current expectations are justified and no fragility concerns were flagged. The expectations gap is slightly negative, so the evidence does not point to clearly undemanding expectations despite the peer discount.

What the fundamentals likely do

Near term, profitability has improved: operating income year to date rose, and restaurant operating and general costs fell. Good Times same-store sales turned positive, but Bad Daddy’s declined, and a possible guidance cut or another erratic earnings result remains a risk.

What Good Times Restaurants Inc hinges on

Over the next few quarters, the thesis depends on continued progress in profitability and better sales at both brands, especially a reversal in Bad Daddy’s same-store sales. Guidance and results from sector bellwethers such as MCD, SBUX, and YUM are also relevant signals for the sector backdrop.

Bottom line

For the 1 to 3 year view, GTIM has a low peer valuation and improving profitability, but mixed brand sales, loss-making earnings quality, and high risk make execution the central question. Not investment advice.

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.