Wendy's Company (WEN) Stock Forecast, Price Target & Predictions


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WEN Stock Forecast


Wendy's Company stock forecast is as follows: an average price target of $23.11 (represents a 31.53% upside from WEN’s last price of $17.57) and a rating consensus of 'Buy', based on 26 wall street analysts offering a 1-year stock forecast.

WEN Price Target


The average price target for Wendy's Company (WEN) is $23.11 based on 1-year price targets from 26 Wall Street analysts in the past 3 months, with a price target range of $30.00 to $16.00. This represents a potential 31.53% upside from WEN's last price of $17.57.

WEN Analyst Ratings


Buy

According to 26 Wall Street analysts, Wendy's Company's rating consensus is 'Buy'. The analyst rating breakdown for WEN stock is 0 'Strong Buy' (0.00%), 15 'Buy' (57.69%), 10 'Hold' (38.46%), 1 'Sell' (3.85%), and 0 'Strong Sell' (0.00%).

Wendy's Company Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 02, 2024Chris O'CullStifel Nicolaus$19.00$16.5215.05%8.14%
Aug 02, 2024Nick SetyanWedbush$18.00$16.966.13%2.45%
Aug 02, 2024Jeffrey BernsteinBarclays$18.00$16.966.13%2.45%
Jul 22, 2024Lauren SilbermanDeutsche Bank$20.00$17.6513.31%13.83%
Jul 16, 2024Brian HarbourMorgan Stanley$19.00$17.578.17%8.14%
Jul 09, 2024Jake BartlettTruist Financial$21.00$15.8332.66%19.52%
Jun 13, 2024Christine ChoGoldman Sachs$16.00$16.66-3.96%-8.94%
May 23, 2024David PalmerEvercore ISI$22.00$17.8723.11%25.21%
May 03, 2024Brian MullanPiper Sandler$23.00$19.6816.87%30.90%
May 03, 2024Dennis GeigerUBS$21.00$19.925.42%19.52%
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The latest Wendy's Company stock forecast, released on Aug 02, 2024 by Chris O'Cull from Stifel Nicolaus, set a price target of $19.00, which represents a 15.05% increase from the stock price at the time of the forecast ($16.52), and a 8.14% increase from WEN last price ($17.57).

Wendy's Company Price Target by Period


1M3M12M
# Anlaysts-612
Avg Price Target-$19.17$20.17
Last Closing Price$17.57$17.57$17.57
Upside/Downside-100.00%9.11%14.80%

In the current month, the average price target of Wendy's Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Wendy's Company's last price of $17.57. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 09, 2024WedbushMarket PerformMarket PerformHold
Sep 04, 2024Tigress FinancialBuyBuyHold
Aug 26, 2024Loop Capital MarketsBuyBuyHold
Aug 21, 2024Deutsche BankHoldHoldHold
Aug 02, 2024WedbushNeutralNeutralHold
Aug 02, 2024BarclaysEqual-WeightEqual-WeightHold
Aug 01, 2024WedbushBuyBuyHold
Jul 22, 2024Deutsche BankHoldHoldHold
Jul 16, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 15, 2024Loop Capital MarketsBuyBuyHold
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Wendy's Company's last stock rating was published by Wedbush on Sep 09, 2024. The company gave WEN a "Market Perform" rating, the same as its previous rate.

Wendy's Company Financial Forecast


Wendy's Company Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$540.65M$550.55M$561.57M$528.81M$473.20M$532.57M$537.78M$488.64M$474.32M$470.25M$493.34M$460.20M-$452.24M$402.31M$404.96M$427.19M$437.88M
Avg Forecast$592.07M$603.94M$610.41M$570.38M$578.50M$584.94M$591.09M$550.13M$554.51M$563.29M$577.15M$540.84M$546.75M$555.51M$566.24M$522.40M$536.51M$538.27M$539.68M$496.05M$460.43M$470.46M$462.65M$445.27M$476.58M$454.13M$409.32M$414.36M$424.66M$434.45M
High Forecast$606.59M$618.75M$625.37M$584.36M$592.69M$599.28M$605.58M$563.62M$568.11M$568.57M$591.30M$554.10M$552.14M$561.38M$580.12M$535.21M$549.66M$551.47M$548.77M$504.40M$468.18M$478.39M$470.43M$452.76M$484.61M$461.77M$416.21M$421.34M$431.81M$441.76M
Low Forecast$580.21M$591.83M$598.17M$558.95M$566.91M$573.21M$579.24M$539.10M$543.40M$560.15M$565.58M$530.00M$539.97M$546.08M$554.89M$511.93M$525.76M$527.48M$532.70M$489.64M$454.47M$464.38M$456.66M$439.51M$470.42M$448.25M$404.03M$409.00M$419.17M$428.83M
# Analysts9711761266714710111788771271489151064474
Surprise %------------0.99%0.99%0.99%1.01%0.88%0.99%1.00%0.99%1.03%1.00%1.07%1.03%-1.00%0.98%0.98%1.01%1.01%

Wendy's Company's average Quarter revenue forecast for Mar 24 based on 10 analysts is $540.84M, with a low forecast of $530.00M, and a high forecast of $554.10M. WEN's average Quarter revenue forecast represents a 0.03% increase compared to the company's last Quarter revenue of $540.65M (Dec 23).

Wendy's Company EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9711761266714710111788771271489151064474
EBITDA------------$122.88M$148.12M$155.74M$135.63M$110.18M$128.24M$131.51M$105.06M$121.05M$110.78M$128.83M$119.85M-$117.87M$96.27M$90.23M$89.43M$113.57M
Avg Forecast$144.74M$147.64M$149.23M$139.44M$141.43M$143.00M$144.50M$134.49M$135.56M$137.71M$141.10M$80.82M$133.66M$135.81M$138.43M$73.47M$131.16M$115.63M$131.93M$66.79M$112.56M$115.01M$113.10M$72.16M$116.51M$111.02M$100.07M$88.94M$103.82M$106.21M
High Forecast$148.29M$151.26M$152.88M$142.86M$144.89M$146.50M$148.04M$137.79M$138.88M$139.00M$144.55M$96.98M$134.98M$137.24M$141.82M$88.16M$134.38M$138.76M$134.16M$80.15M$114.45M$116.95M$115.01M$86.59M$118.47M$112.89M$101.75M$106.73M$105.56M$108.00M
Low Forecast$141.84M$144.68M$146.23M$136.65M$138.59M$140.13M$141.61M$131.79M$132.84M$136.94M$138.27M$64.65M$132.01M$133.50M$135.65M$58.78M$128.53M$92.51M$130.23M$53.43M$111.10M$113.53M$111.64M$57.72M$115.00M$109.58M$98.77M$71.15M$102.47M$104.84M
Surprise %------------0.92%1.09%1.13%1.85%0.84%1.11%1.00%1.57%1.08%0.96%1.14%1.66%-1.06%0.96%1.01%0.86%1.07%

10 analysts predict WEN's average Quarter EBITDA for Mar 24 to be $80.82M, with a high of $96.98M and a low of $64.65M. This is -34.23% lower than Wendy's Company's previous annual EBITDA (Dec 23) of $122.88M.

Wendy's Company Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9711761266714710111788771271489151064474
Net Income------------$46.94M$58.05M$59.63M$39.82M$52.13M$50.54M$48.15M$37.40M$38.73M$41.17M$65.72M$41.37M-$39.75M$24.90M$14.44M$26.53M$46.13M
Avg Forecast$54.54M$63.45M$65.54M$52.35M$51.44M$58.28M$60.71M$47.54M$46.21M$52.90M$57.10M$2.27M$47.98M$52.22M$55.60M$2.06M$41.76M$42.77M$45.97M$1.88M$31.09M$37.55M$36.86M$26.00M$36.57M$34.60M$22.66M$15.89M$17.44M$31.04M
High Forecast$56.28M$65.47M$67.63M$54.02M$53.08M$60.14M$62.65M$49.06M$47.69M$57.13M$58.92M$2.72M$52.15M$56.39M$57.38M$2.48M$43.09M$51.33M$46.98M$2.25M$31.77M$38.38M$37.67M$31.20M$37.37M$35.36M$23.16M$19.06M$17.83M$31.72M
Low Forecast$53.12M$61.80M$63.83M$50.99M$50.10M$56.76M$59.13M$46.30M$45.01M$46.55M$55.61M$1.82M$43.81M$50.13M$54.15M$1.65M$40.67M$34.22M$45.20M$1.50M$30.57M$36.92M$36.24M$20.80M$35.96M$34.02M$22.28M$12.71M$17.15M$30.52M
Surprise %------------0.98%1.11%1.07%19.29%1.25%1.18%1.05%19.93%1.25%1.10%1.78%1.59%-1.15%1.10%0.91%1.52%1.49%

Wendy's Company's average Quarter net income forecast for Mar 24 is $2.27M, with a range of $1.82M to $2.72M. WEN's average Quarter net income forecast represents a -95.16% decrease compared to the company's last Quarter net income of $46.94M (Dec 23).

Wendy's Company SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9711761266714710111788771271489151064474
SG&A------------$65.66M$53.90M$23.90M$62.28M$64.39M$24.10M$24.30M$29.30M$59.32M$62.84M$63.11M$45.20M-$47.32M$48.59M$16.90M$53.94M$46.17M
Avg Forecast$71.14M$72.57M$73.35M$68.54M$69.51M$70.29M$71.03M$66.10M$66.63M$67.69M$69.35M$67.06M$65.70M$66.75M$68.04M$60.96M$64.47M$65.28M$64.85M$55.42M$55.33M$56.53M$55.59M$33.06M$57.27M$54.57M$49.18M$55.44M$51.03M$52.20M
High Forecast$72.89M$74.35M$75.15M$70.22M$71.22M$72.01M$72.77M$67.72M$68.26M$68.32M$71.05M$80.47M$66.35M$67.46M$69.71M$73.15M$66.05M$78.34M$65.94M$66.50M$56.26M$57.48M$56.53M$39.68M$58.23M$55.49M$50.01M$66.53M$51.89M$53.08M
Low Forecast$69.72M$71.12M$71.88M$67.16M$68.12M$68.88M$69.60M$64.78M$65.30M$67.31M$67.96M$53.65M$64.88M$65.62M$66.68M$48.77M$63.18M$52.23M$64.01M$44.33M$54.61M$55.80M$54.87M$26.45M$56.53M$53.86M$48.55M$44.35M$50.37M$51.53M
Surprise %------------1.00%0.81%0.35%1.02%1.00%0.37%0.37%0.53%1.07%1.11%1.14%1.37%-0.87%0.99%0.30%1.06%0.88%

Wendy's Company's average Quarter SG&A projection for Mar 24 is $67.06M, based on 10 Wall Street analysts, with a range of $53.65M to $80.47M. The forecast indicates a 2.13% rise compared to WEN last annual SG&A of $65.66M (Dec 23).

Wendy's Company EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9711761266714710111788771271489151064474
EPS------------$0.23$0.28$0.28$0.19$0.24$0.24$0.23$0.17$0.17$0.19$0.30$0.19-$0.18$0.11$0.06$0.12$0.20
Avg Forecast$0.26$0.31$0.32$0.25$0.25$0.28$0.29$0.23$0.22$0.26$0.28$0.21$0.23$0.25$0.27$0.20$0.20$0.23$0.22$0.18$0.15$0.18$0.18$0.15$0.18$0.17$0.11$0.10$0.08$0.15
High Forecast$0.27$0.32$0.33$0.26$0.26$0.29$0.30$0.24$0.23$0.28$0.29$0.22$0.25$0.27$0.28$0.21$0.21$0.24$0.23$0.18$0.15$0.19$0.18$0.15$0.18$0.17$0.11$0.10$0.09$0.15
Low Forecast$0.26$0.30$0.31$0.25$0.24$0.28$0.29$0.22$0.22$0.23$0.27$0.21$0.21$0.24$0.26$0.20$0.20$0.22$0.22$0.18$0.15$0.18$0.18$0.14$0.17$0.17$0.11$0.10$0.08$0.15
Surprise %------------0.99%1.11%1.04%0.94%1.19%1.04%1.03%0.94%1.13%1.04%1.68%1.30%-1.07%1.00%0.61%1.42%1.33%

According to 10 Wall Street analysts, Wendy's Company's projected average Quarter EPS for Mar 24 is $0.21, with a low estimate of $0.21 and a high estimate of $0.22. This represents a -7.77% decrease compared to WEN previous annual EPS of $0.23 (Dec 23).

Wendy's Company Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DINDine Brands Global$30.44$62.63105.75%Buy
YUMCYum China$34.90$68.7296.91%Buy
JACKJack in the Box$44.41$77.5074.51%Buy
PZZAPapa John's$49.60$82.8967.12%Buy
WENWendy's Company$17.57$23.1131.53%Buy
BJRIBJ's Restaurants$30.99$39.6027.78%Buy
DPZDomino's Pizza$402.52$492.7522.42%Buy
QSRRestaurant Brands$69.18$78.3213.21%Buy
YUMYum! Brands$133.65$144.588.18%Buy
DRIDarden Restaurants$160.25$159.00-0.78%Buy
CMGChipotle Mexican Grill$56.12$55.52-1.07%Buy
EATBrinker$70.39$55.30-21.44%Hold
WINGWingstop$394.81$297.53-24.64%Hold

WEN Forecast FAQ


Yes, according to 26 Wall Street analysts, Wendy's Company (WEN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 15 'Buy' recommendations, accounting for 57.69% of WEN's total ratings.

Wendy's Company (WEN) average price target is $23.11 with a range of $16 to $30, implying a 31.53% from its last price of $17.57. The data is based on 26 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for WEN stock, the company can go up by 31.53% (from the last price of $17.57 to the average price target of $23.11), up by 70.75% based on the highest stock price target, and down by -8.94% based on the lowest stock price target.

WEN's average twelve months analyst stock price target of $23.11 does not support the claim that Wendy's Company can reach $30 in the near future.

Wendy's Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.3B (high $2.36B, low $2.26B), average EBITDA is $563.42M (high $577.23M, low $552.12M), average net income is $217.97M (high $224.92M, low $212.29M), average SG&A $276.93M (high $283.72M, low $271.38M), and average EPS is $1.06 (high $1.09, low $1.03). WEN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.38B (high $2.44B, low $2.33B), average EBITDA is $581.05M (high $595.3M, low $569.41M), average net income is $235.89M (high $243.41M, low $229.74M), average SG&A $285.6M (high $292.6M, low $279.87M), and average EPS is $1.14 (high $1.18, low $1.11).

Based on Wendy's Company's last annual report (Dec 2023), the company's revenue was $2.1B, which missed the average analysts forecast of $2.19B by -4.35%. Apple's EBITDA was $502.26M, beating the average prediction of $481.37M by 4.34%. The company's net income was $177.37M, beating the average estimation of $157.86M by 12.36%. Apple's SG&A was $254.98M, missing the average forecast of $261.45M by -2.47%. Lastly, the company's EPS was $0.8, missing the average prediction of $0.959 by -16.54%. In terms of the last quarterly report (Dec 2023), Wendy's Company's revenue was $540.65M, missing the average analysts' forecast of $546.75M by -1.12%. The company's EBITDA was $122.88M, missing the average prediction of $133.66M by -8.07%. Wendy's Company's net income was $46.94M, missing the average estimation of $47.98M by -2.17%. The company's SG&A was $65.66M, missing the average forecast of $65.7M by -0.06%. Lastly, the company's EPS was $0.23, missing the average prediction of $0.233 by -1.16%