Wendy's Company (WEN) Stock Forecast, Price Target & Predictions
WEN Stock Forecast
Wendy's Company stock forecast is as follows: an average price target of $22.88 (represents a 26.97% upside from WEN’s last price of $18.02) and a rating consensus of 'Buy', based on 27 wall street analysts offering a 1-year stock forecast.
WEN Price Target
The average price target for Wendy's Company (WEN) is $22.88 based on 1-year price targets from 27 Wall Street analysts in the past 3 months, with a price target range of $30.00 to $16.00. This represents a potential 26.97% upside from WEN's last price of $18.02.
WEN Analyst Ratings
According to 27 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' (55.56%), 11 'Hold' (40.74%), 1 'Sell' (3.70%), and 0 'Strong Sell' (0.00%).
Wendy's Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 01, 2024 | David Palmer | Evercore ISI | $20.00 | $19.66 | 1.73% | 10.99% |
| Oct 07, 2024 | Jon Tower | Citigroup | $18.75 | $17.76 | 5.57% | 4.05% |
| Aug 02, 2024 | Chris O'Cull | Stifel Nicolaus | $19.00 | $16.52 | 15.05% | 5.44% |
| Aug 02, 2024 | Nick Setyan | Wedbush | $18.00 | $16.96 | 6.13% | -0.11% |
| Aug 02, 2024 | Jeffrey Bernstein | Barclays | $18.00 | $16.96 | 6.13% | -0.11% |
| Jul 22, 2024 | Lauren Silberman | Deutsche Bank | $20.00 | $17.65 | 13.31% | 10.99% |
| Jul 16, 2024 | Brian Harbour | Morgan Stanley | $19.00 | $17.57 | 8.17% | 5.44% |
| Jul 09, 2024 | Jake Bartlett | Truist Financial | $21.00 | $15.83 | 32.66% | 16.54% |
| Jun 13, 2024 | Christine Cho | Goldman Sachs | $16.00 | $16.66 | -3.96% | -11.21% |
| May 23, 2024 | David Palmer | Evercore ISI | $22.00 | $17.87 | 23.11% | 22.09% |
The latest Wendy's Company stock forecast, released on Nov 01, 2024 by David Palmer from Evercore ISI, set a price target of $20.00, which represents a 1.73% increase from the stock price at the time of the forecast ($19.66), and a 10.99% increase from WEN last price ($18.02).
Wendy's Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 13 |
| Avg Price Target | $20.00 | $19.38 | $19.75 |
| Last Closing Price | $18.02 | $18.02 | $18.02 |
| Upside/Downside | 10.99% | 7.55% | 9.60% |
In the current month, the average price target of Wendy's Company stock is $20.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 10.99% increase as opposed to Wendy's Company's last price of $18.02. This month's average price target is up 3.20% compared to last quarter, and up 1.27% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 01, 2024 | BTIG | Neutral | Neutral | Hold |
| Oct 16, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Oct 07, 2024 | Citigroup | Neutral | Neutral | Hold |
| Sep 09, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Sep 04, 2024 | Tigress Financial | Buy | Buy | Hold |
| Aug 26, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Aug 21, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Aug 02, 2024 | Wedbush | Neutral | Neutral | Hold |
| Aug 02, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 01, 2024 | Wedbush | Buy | Buy | Hold |
Wendy's Company's last stock rating was published by BTIG on Nov 01, 2024. The company gave WEN a "Neutral" rating, the same as its previous rate.
Wendy's Company Financial Forecast
Wendy's Company Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $595.01M | $597.68M | $608.24M | $568.14M | $574.72M | $574.26M | $583.55M | $545.67M | $563.41M | $561.54M | $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 | $608.74M | $611.47M | $622.28M | $581.25M | $587.98M | $587.51M | $597.01M | $551.33M | $578.50M | $562.96M | $577.15M | $540.84M | $552.14M | $561.38M | $579.30M | $534.45M | $548.89M | $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 |
| Low Forecast | $584.06M | $586.68M | $597.05M | $557.68M | $564.15M | $563.69M | $572.81M | $540.82M | $556.27M | $560.11M | $577.15M | $540.84M | $539.97M | $546.08M | $555.82M | $512.78M | $526.64M | $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 |
| # Analysts | 8 | 8 | 8 | 8 | 5 | 5 | 5 | 12 | 14 | 8 | 5 | 9 | 11 | 17 | 16 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 6 | 4 | 4 | 7 | 4 |
| 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 9 analysts is $540.84M, with a low forecast of $540.84M, and a high forecast of $540.84M. 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 5 | 5 | 5 | 12 | 14 | 8 | 5 | 9 | 11 | 17 | 16 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 6 | 4 | 4 | 7 | 4 |
| 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 | $146.34M | $146.99M | $149.59M | $139.73M | $141.35M | $141.23M | $143.52M | $134.20M | $138.57M | $138.10M | $141.94M | $80.82M | $134.47M | $136.62M | $139.26M | $73.47M | $112.37M | $131.59M | $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 | $149.71M | $150.39M | $153.04M | $142.95M | $144.61M | $144.49M | $146.83M | $135.59M | $142.28M | $138.46M | $141.94M | $96.98M | $135.79M | $138.07M | $142.47M | $88.16M | $134.85M | $131.59M | $131.93M | $80.15M | $112.56M | $115.01M | $113.10M | $86.59M | $116.51M | $111.02M | $100.07M | $106.73M | $103.82M | $106.21M |
| Low Forecast | $143.64M | $144.29M | $146.84M | $137.16M | $138.75M | $138.63M | $140.88M | $133.01M | $136.81M | $137.75M | $141.94M | $64.65M | $132.80M | $134.30M | $136.70M | $58.78M | $89.90M | $131.59M | $131.93M | $53.43M | $112.56M | $115.01M | $113.10M | $57.72M | $116.51M | $111.02M | $100.07M | $71.15M | $103.82M | $106.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 1.08% | 1.12% | 1.85% | 0.98% | 0.97% | 1.00% | 1.57% | 1.08% | 0.96% | 1.14% | 1.66% | - | 1.06% | 0.96% | 1.01% | 0.86% | 1.07% |
9 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 5 | 5 | 5 | 12 | 14 | 8 | 5 | 9 | 11 | 17 | 16 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 6 | 4 | 4 | 7 | 4 |
| 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 | $55.62M | $59.93M | $64.72M | $51.58M | $51.31M | $55.09M | $60.03M | $47.03M | $49.90M | $51.50M | $56.56M | $2.27M | $47.53M | $51.73M | $55.08M | $2.06M | $53.52M | $47.36M | $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 | $57.29M | $61.73M | $66.66M | $53.12M | $52.85M | $56.74M | $61.83M | $51.31M | $54.06M | $51.89M | $56.57M | $2.72M | $51.66M | $55.87M | $56.74M | $2.48M | $64.23M | $47.36M | $45.97M | $2.25M | $31.09M | $37.55M | $36.86M | $31.20M | $36.57M | $34.60M | $22.66M | $19.06M | $17.44M | $31.04M |
| Low Forecast | $54.29M | $58.50M | $63.17M | $50.34M | $50.08M | $53.77M | $58.59M | $44.90M | $45.74M | $51.11M | $56.56M | $1.82M | $43.40M | $49.66M | $53.77M | $1.65M | $42.82M | $47.36M | $45.97M | $1.50M | $31.09M | $37.55M | $36.86M | $20.80M | $36.57M | $34.60M | $22.66M | $12.71M | $17.44M | $31.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.12% | 1.08% | 19.29% | 0.97% | 1.07% | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 5 | 5 | 5 | 12 | 14 | 8 | 5 | 9 | 11 | 17 | 16 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 6 | 4 | 4 | 7 | 4 |
| 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 | $71.50M | $71.82M | $73.09M | $68.27M | $69.06M | $69.00M | $70.12M | $65.57M | $67.70M | $67.48M | $69.35M | $67.06M | $65.70M | $66.75M | $68.04M | $60.96M | $66.11M | $64.68M | $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 | $73.15M | $73.48M | $74.77M | $69.84M | $70.65M | $70.60M | $71.74M | $66.25M | $69.51M | $67.65M | $69.35M | $80.47M | $66.35M | $67.46M | $69.61M | $73.15M | $79.33M | $64.68M | $64.85M | $66.50M | $55.33M | $56.53M | $55.59M | $39.68M | $57.27M | $54.57M | $49.18M | $66.53M | $51.03M | $52.20M |
| Low Forecast | $70.18M | $70.50M | $71.74M | $67.01M | $67.79M | $67.73M | $68.83M | $64.99M | $66.84M | $67.30M | $69.35M | $53.65M | $64.88M | $65.62M | $66.79M | $48.77M | $52.89M | $64.68M | $64.85M | $44.33M | $55.33M | $56.53M | $55.59M | $26.45M | $57.27M | $54.57M | $49.18M | $44.35M | $51.03M | $52.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.81% | 0.35% | 1.02% | 0.97% | 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 9 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 5 | 5 | 5 | 12 | 14 | 8 | 5 | 9 | 11 | 17 | 16 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 6 | 4 | 4 | 7 | 4 |
| 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 | $0.27 | $0.29 | $0.32 | $0.25 | $0.25 | $0.27 | $0.29 | $0.23 | $0.24 | $0.25 | $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 | $0.28 | $0.30 | $0.33 | $0.26 | $0.26 | $0.28 | $0.30 | $0.25 | $0.26 | $0.25 | $0.28 | $0.21 | $0.25 | $0.27 | $0.28 | $0.21 | $0.21 | $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 |
| Low Forecast | $0.27 | $0.29 | $0.31 | $0.25 | $0.25 | $0.26 | $0.29 | $0.22 | $0.22 | $0.25 | $0.28 | $0.21 | $0.21 | $0.24 | $0.26 | $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 |
| 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 9 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 $0.21. 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| DIN | Dine Brands Global | $32.24 | $55.50 | 72.15% | Buy |
| PZZA | Papa John's | $47.15 | $75.00 | 59.07% | Buy |
| JACK | Jack in the Box | $46.03 | $71.75 | 55.88% | Buy |
| YUMC | Yum China | $47.42 | $64.49 | 36.00% | Buy |
| WEN | Wendy's Company | $18.02 | $22.88 | 26.97% | Buy |
| BJRI | BJ's Restaurants | $34.19 | $39.60 | 15.82% | Buy |
| QSR | Restaurant Brands | $69.45 | $78.21 | 12.61% | Buy |
| DRI | Darden Restaurants | $160.85 | $178.34 | 10.87% | Buy |
| DPZ | Domino's Pizza | $439.80 | $484.20 | 10.10% | Buy |
| YUM | Yum! Brands | $132.14 | $144.68 | 9.49% | Buy |
| WING | Wingstop | $335.58 | $348.24 | 3.77% | Buy |
| CMG | Chipotle Mexican Grill | $58.73 | $56.59 | -3.64% | Buy |
| EAT | Brinker | $122.13 | $69.10 | -43.42% | Hold |