Market Cap
$32.3B
QSR
Restaurant Brands International Inc.
$70.14 ▲ +0.55%
Prev close $69.76Market cap$32.3B
ConsensusBuy
12-mo target$86.17 (+22.9%)
▲ Bullish
Analyst conviction 7/10
Insider Selling Cluster (2 insiders)High Impact Filing (7/10)39 New Institutional Positions11 Institutional ExitsCongressional Activity (1) Consumer & Retail
Snapshot
The big-picture read on QSR right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Buy (67%)
Inst. Holders
50 funds
Inst. Value
$19.2B
Inst. Activity
39 buys / 11 sells
Insider Activity
$0.00 buy / $9.8M sell
Insider Net $
-$9.8M
Social Sentiment
55° Neutral
SEC Reports
6
Congressional
1 trades
Price chart 30d -11.1%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 short_volume
Short Volume: QSR — 59.9% short (0.7M / 1.2M)
Short: 704,153 | Exempt: 1 | TRF Vol: 1,175,725 | Short Ratio: 59.9% | Off-exchange volume (dark poo
Sep 4, 2026 Insider
Schwan Axel acquired via exercise 30,000 shares
Pres., Tim Hortons US & Canada @ $64.75 ($1.9M)
Sep 4, 2026 Insider
Schwan Axel acquired via exercise 40,000 shares
Pres., Tim Hortons US & Canada @ $58.44 ($2.3M)
Sep 4, 2026 Insider
Aug 11, 2026 SEC Schwan Axel sold 57,574 shares
Pres., Tim Hortons US & Canada @ $81.14 ($4.7M)
3G Capital affiliate RBH has submitted an irrevocable notice to exchange 2,784,549 Class B exchangeable LP units for cas
8-K — Impact 3/10
Aug 6, 2026 Congress
Josh Gottheimer buy
$1,001 - $15,000 — House
Jun 30, 2026 Inst.
PERSHING SQUARE INC. — NEW
25,821,284 shares ($1.9B)
Jun 30, 2026 Inst.
BlackRock, Inc. — ADD
15,228,770 shares ($1.1B)
Analyst ratings buy % +13.6%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
67% rate it Buy or better · 18 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 29, 2026 | JP Morgan | MAINTAIN | Overweight | 55% |
| Sep 25, 2026 | Argus Research | DOWNGRADE | Hold | 54% |
| Sep 18, 2026 | Guggenheim | MAINTAIN | Buy | 52% |
| Sep 16, 2026 | Seaport Global | INITIATE | Buy | 51% |
| Sep 1, 2026 | Citigroup | MAINTAIN | Neutral | 55% |
| Aug 8, 2026 | Scotiabank | MAINTAIN | Sector Perform | 56% |
| Aug 7, 2026 | Piper Sandler | MAINTAIN | Overweight | 54% |
| Aug 7, 2026 | Evercore ISI Group | MAINTAIN | Outperform | 59% |
| Jul 24, 2026 | Citigroup | MAINTAIN | Neutral | 55% |
| Jul 16, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight | 55% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 4 | 8 | 6 | 0 | 0 | 67% | |
| Aug 1, 2026 | 4 | 8 | 6 | 0 | 0 | 67% | |
| Jul 1, 2026 | 3 | 9 | 6 | 0 | 0 | 67% | |
| Jun 1, 2026 | 4 | 8 | 6 | 0 | 0 | 67% | |
| May 1, 2026 | 4 | 10 | 7 | 0 | 0 | 67% | |
| Apr 1, 2026 | 4 | 10 | 7 | 0 | 0 | 67% | |
| Mar 1, 2026 | 3 | 10 | 9 | 0 | 0 | 59% | |
| Feb 1, 2026 | 3 | 10 | 9 | 0 | 0 | 59% |
Price targets
Where 24 covering analysts think QSR trades over the next 12 months.
$86.17 +22.9% upside Strong Buy
Current$70.11 Low$78.00 Median$85.00 High$104.00 24 analysts
$78.00$104.00
Analyst rating Buy· 1.9/5 as of Oct 2, 2026
Social media sentiment mood -20.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
55°
Neutral
BearishNeutralBullish
Recent posts
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
6 SEC filing reports analyzed · 2 bullish, 0 bearish, 0 mixed, 4 neutral · avg impact 4.2/10.
NEUTRAL8-K3/10
3G Capital affiliate RBH has submitted an irrevocable notice to exchange 2,784,549 Class B exchangea
Aug 11, 2026
BULLISHINST-CLUSTER6/10
Seven institutional investors, including activist Corvex and quant funds Citadel and Point72, accumu
Jun 11, 2026
NEUTRALDEFA14A3/10
Restaurant Brands International filed an additional definitive proxy (DEFA14A) disclosing a December
May 22, 2026
BULLISH8-K7/10
RBI reported strong Q1 2026 results with total revenues of $2.264B (+7.4% YoY), GAAP diluted EPS fro
May 6, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
short_volume
Short Volume: QSR — 59.9% short (0.7M / 1.2M)
Short: 704,153 | Exempt: 1 | TRF Vol: 1,175,725 | Short Ratio: 59.9% | Off-exchange volume (dark pool + OTC)
Sep 30, 2026
short_volume
Short Volume: QSR — 76.0% short (0.4M / 0.5M)
Short: 395,269 | Exempt: 100 | TRF Vol: 520,121 | Short Ratio: 76.0% | Off-exchange volume (dark pool + OTC)
Sep 29, 2026
short_volume
Short Volume: QSR — 82.3% short (0.5M / 0.6M)
Short: 479,027 | Exempt: 0 | TRF Vol: 581,920 | Short Ratio: 82.3% | Off-exchange volume (dark pool + OTC)
Sep 28, 2026
short_volume
Short Volume: QSR — 81.5% short (0.6M / 0.7M)
Short: 608,028 | Exempt: 5,123 | TRF Vol: 745,969 | Short Ratio: 81.5% | Off-exchange volume (dark pool + OTC)
Sep 25, 2026
short_volume
Short Volume: QSR — 82.4% short (1.1M / 1.4M)
Short: 1,141,678 | Exempt: 6,665 | TRF Vol: 1,384,716 | Short Ratio: 82.4% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $1.08 | $1.05–$1.15 | 4.9% | +0.1% | 5↑ 12↓ | $2.5B | 22 |
| Next Q | $1.05 | $0.98–$1.11 | 9.1% | +0.1% | 8↑ 9↓ | $2.5B | 22 |
| Current FY | $4.06 | $3.88–$4.48 | 10.1% | +0.4% | 11↑ 7↓ | $9.9B | 25 |
| Next FY | $4.43 | $4.15–$4.71 | 9.0% | +0.1% | 8↑ 10↓ | $9.9B | 25 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $1.081 | — |
| 7d ago | $1.081 | -0.001 |
| 30d ago | $1.080 | +0.001 |
| 60d ago | $1.088 | -0.007 |
| 90d ago | $1.093 | -0.012 |
Institutional ownership
Which big funds own QSR (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $19.2B total value (263,565,658 shares) as of 2026-Q2. Top holders: NOMURA, Erste, Capital. Net buying activity: 39 institutions added/increased vs 11 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| NOMURA ASSET MANAGEMENT CO LTD | 0 | $0.00 | 0.0% | — |
| Erste Asset Management GmbH | 0 | $0.00 | 0.0% | — |
| Capital World Investors | 43,862,952 | $3.2B | 16.6% | — |
| PERSHING SQUARE INC. | 25,821,284 | $1.9B | 9.8% | NEW |
| ROYAL BANK OF CANADA | 20,236,317 | $1.5B | 7.7% | — |
| EdgePoint Investment Group Inc. | 17,171,552 | $1.2B | 6.5% | — |
| BlackRock, Inc. | 15,228,770 | $1.1B | 5.8% | ADD +90.6% |
| BANK OF MONTREAL /CAN/ | 11,295,632 | $818.5M | 4.3% | ADD +25.3% |
| VANGUARD CAPITAL MANAGEMENT LLC | 10,489,509 | $760.8M | 4.0% | — |
| FMR LLC | 8,417,025 | $610.5M | 3.2% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| PERSHING SQUARE INC. | NEW | — | 25,821,284 | — | $1.9B |
| BlackRock, Inc. | ADD | 7,989,508 | 15,228,770 | +90.6% | $1.1B |
| BANK OF MONTREAL /CAN/ | ADD | 9,011,952 | 11,295,632 | +25.3% | $818.5M |
| MORGAN STANLEY | TRIM | 7,321,602 | 4,844,426 | -33.8% | $351.3M |
| CANADA PENSION PLAN INVESTMENT BOARD | ADD | 2,940,378 | 4,224,874 | +43.7% | $306.1M |
| TD ASSET MANAGEMENT INC | TRIM | 5,638,563 | 4,160,083 | -26.2% | $301.6M |
| NORGES BANK | NEW | — | 3,821,569 | — | $277.0M |
| NOMURA HOLDINGS INC | NEW | — | 3,372,818 | — | $244.6M |
| CITADEL ADVISORS LLC | ADD | 2,077,208 | 2,927,875 | +41.0% | $212.3M |
| UBS Group AG | ADD | 1,500,473 | 2,204,777 | +46.9% | $159.9M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
12 insiders, 50 transactions. Net -$9.8M — $0.00 bought, $9.8M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 4, 2026 | Schwan Axel | Pres., Tim Hortons US & Canada | EXERCISE | 30,000 | $64.75 | $1.9M |
| Sep 4, 2026 | Schwan Axel | Pres., Tim Hortons US & Canada | EXERCISE | 40,000 | $58.44 | $2.3M |
| Sep 4, 2026 | Schwan Axel | Pres., Tim Hortons US & Canada | SELL | 57,574 | $81.14 | $4.7M |
| Aug 21, 2026 | CURTIS THOMAS BENJAMIN | Pres., BK US & CA | SELL | 64,000 | $80.72 | $5.2M |
| Aug 10, 2026 | 3G Restaurant Brands Holdings General Partner Ltd. | 10%+ Owner | J | 2,000,183 | — | — |
| Aug 10, 2026 | 3G Restaurant Brands Holdings General Partner Ltd. | 10%+ Owner | CONVERT | 2,784,549 | — | — |
| Jul 7, 2026 | Fulton Duncan | Chief Corporate Officer | AWARD | 21.979 | — | — |
| Jul 7, 2026 | CURTIS THOMAS BENJAMIN | Pres., BK US & CA | AWARD | 22.472 | — | — |
| Jul 7, 2026 | CURTIS THOMAS BENJAMIN | Pres., BK US & CA | AWARD | 69.643 | — | — |
| Jul 7, 2026 | Fulton Duncan | Chief Corporate Officer | AWARD | 46.063 | — | — |
Congressional trades
QSR trades disclosed by members of Congress, with disclosure delay.
1 members · 1 buys / 0 sells
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026 | Josh Gottheimer | D | HOUSE | BUY | $1,001 - $15,000 | Restaurant Brands International Inc | Sep 15, 2026(41d) |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for QSR.
Shares short
19,033,348
Settlement Sep 15, 2026
Change vs prior
+0.7%
Semi-monthly cycle
Days to cover
6.1
At avg daily volume
Of shares outstanding
≈4.2%
Estimate — not % of float
All QSR filing & press-release reports (6)
- 8-K reportAug 11, 2026
- INST-CLUSTER reportJun 11, 2026
- DEFA14A reportMay 22, 2026
- 8-K reportMay 6, 2026
- DEFA14A reportApr 23, 2026
- CLUSTER reportMar 20, 2026