Jersey Mike's Subs Inc. (JMKE) AI Stock Analysis

Jersey Mike's Subs Inc. engages in franchising and operating fast casual, submarine-style sandwich restaurants specializing in authentic, hand-crafted, and craveable subs. Founded in 1956 and based in Tinton Falls, New Jersey, the company also offers catering services, as well as mobile app, online ordering, and third-party delivery. Jersey Mike's operates stores across the United States and Canada, and maintains franchise agreements in the United Kingdom and Ireland. The company has 899 employees and completed its initial public offering in 2026.

Between FY2023 and FY2025, revenue expanded at a 2-year CAGR of 13.6%, rising from $561.0M to $653.0M in FY2024 and reaching $724.0M in FY2025. Annual revenue growth moderated from 16.4% in FY2024 to 10.9% in FY2025. Over the same period, net income moved from $21.0M in FY2023 to $5.0M in FY2024, and reached -$26.0M in FY2025. Operating margin stood at 10.2% in FY2023, 6.7% in FY2024, and 10.4% in FY2025. For the trailing twelve months ended June 30, 2026, revenue was $761.0M with an operating margin of 38.0%, a profit margin of -0.1%, and diluted EPS of -$0.38. Quarterly revenue grew 10.1% year-over-year in the period ending June 30, 2026.

As of June 30, 2026, Jersey Mike's Subs held $231.0M in cash and short-term investments against $2.07B in total debt, resulting in net debt of $1.84B. The balance sheet shows a current ratio of 1.82 and a debt-to-equity ratio of 0.35 alongside shareholders' equity of $5.84B. In FY2025, the company generated operating cash flow of -$210.0M and free cash flow of -$221.0M. Capital expenditures totaled $11.0M, while dividends paid were $482.0M in FY2025.

At its last close of $17.95 on October 16, 2026, Jersey Mike's Subs had a market capitalization of $5.70B and an enterprise value of $6.10B. The stock traded at a forward P/E of 27.5x, compared to the 14.1x median of its US-listed Consumer Cyclical peers. Its price-to-sales ratio of 7.5x and EV/EBITDA of 41.2x also stood above peer medians of 0.7x and 11.1x, respectively. The stock's 52-week trading range spanned from $15.96 to $24.99, while the S&P 500 index generated a 1-year return of 16.8%.

Wall Street analysts maintain 15 Strong Buy, 5 Buy, 4 Hold, 1 Sell, and 0 Strong Sell ratings on the stock. The mean price target of $27.39 implies upside of 52.6% over the last close of $17.95. For the current fiscal year ending December 31, 2026, consensus estimates call for revenue of $795.7M and EPS of $0.19. For the next fiscal year, 9 analysts project revenue of $869.1M, representing 9.2% revenue growth, alongside EPS of $0.54. The company's next earnings date is October 28, 2026.

This page is an AI-written research summary of Jersey Mike's Subs Inc. (JMKE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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