Wendy's (WEN) Stock Forecast & Price Target

$19.13

-0.01 (-0.05%)

(As of 12/8/2023 ET)

Today's Range: $19.07
▼
$19.29
50-Day Range: $18.33
▼
$20.04
52-Week Range: $18.19
▼
$23.90

Volume: 1.60 million shs
Average Volume: 2.80 million shs
Market Capitalization: $3.99 billion

P/E Ratio: 20.35
Dividend Yield: 5.23%
Price Target: $24.37

Wendy's Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 17 Analyst Ratings

Analysts' Consensus Price Target

$24.37
27.38% Upside

High Forecast	$31.00
Average Forecast	$24.37
Low Forecast	$20.00

Type	Current Forecast 12/10/22 to 12/10/23	1 Month Ago 11/10/22 to 11/10/23	3 Months Ago 9/11/22 to 9/11/23	1 Year Ago 12/10/21 to 12/10/22
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)
Hold	11 Hold rating(s)	11 Hold rating(s)	11 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$24.37	$24.37	$25.29	$24.07
Predicted Upside	27.38% Upside	15.36% Upside	14.51% Upside	18.51% Upside

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WEN Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

WEN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Wendy's Stock vs. The Competition

Type	Wendy's	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.35	2.45	2.49
Consensus Rating	Hold	Hold	Hold
Predicted Upside	27.38% Upside	190.03% Upside	3,819.09% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
11/3/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$27.00 ➝ $22.00	+14.29%
10/23/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$26.00 ➝ $23.00	+19.98%
10/19/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$23.00 ➝ $20.00	+3.47%
10/19/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold	$20.00	+4.66%
10/18/2023	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$26.50 ➝ $24.00	+27.52%
10/11/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$25.00 ➝ $24.00	+25.92%
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9/14/2023	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$29.00	+44.28%
8/10/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$25.00 ➝ $24.00	+10.96%
8/10/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$29.00 ➝ $31.00	+45.61%
8/10/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$21.00 ➝ $23.00	+8.03%
8/10/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Market Perform ➝ Market Perform	$22.00	+3.33%
7/18/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy	$29.00 ➝ $26.00	+21.84%
5/19/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$29.00	+23.40%
5/11/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$23.00 ➝ $24.00	+3.85%
5/9/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$24.00 ➝ $26.00	+12.85%
3/6/2023	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
3/2/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral	$24.00	+8.11%
1/17/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$22.00 ➝ $25.00	+8.32%
1/13/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform	$19.00 ➝ $22.00	-4.68%
1/5/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
12/15/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold	$25.00	+6.47%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 07:18 AM ET.

WEN Price Target - Frequently Asked Questions

What is Wendy's's consensus rating and price target?: According to the issued ratings of 17 analysts in the last year, the consensus rating for Wendy's stock is Hold based on the current 11 hold ratings and 6 buy ratings for WEN. The average twelve-month price prediction for Wendy's is $24.37 with a high price target of $31.00 and a low price target of $20.00. Learn more on WEN's analyst rating history.
Do Wall Street analysts like Wendy's more than its competitors?: Analysts like Wendy's less than other Retail/Wholesale companies. The consensus rating score for Wendy's is 2.35 while the average consensus rating score for retail/wholesale companies is 2.44. Learn more on how WEN compares to other companies.
Does Wendy's's stock price have much upside?: According to analysts, Wendy's's stock has a predicted upside of 15.36% based on their 12-month stock forecasts.

What analysts cover Wendy's?: Wendy's has been rated by Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, Morgan Stanley, Stephens, Tigress Financial, and Wedbush in the past 90 days.

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This page (NASDAQ:WEN) was last updated on 12/10/2023 by MarketBeat.com Staff

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