Wendy's (WEN) Stock Forecast & Price Target

$19.11

-1.20 (-5.91%)

(As of 10/31/2024 ET)

Wendy's - Analysts' Recommendations 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.

Consensus Rating

Hold

Based on 20 Analyst Ratings

Sell
1

Hold
14

Buy
5

Based on 20 Wall Street analysts who have issued ratings for Wendy's in the last 12 months, the stock has a consensus rating of "Hold." Out of the 20 analysts, 1 has given a sell rating, 14 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for WEN.

Consensus Price Target

$20.22
5.83% Upside

According to the 20 analysts' twelve-month price targets for Wendy's, the average price target is $20.22. The highest price target for WEN is $29.00, while the lowest price target for WEN is $16.00. The average price target represents a forecasted upside of 5.83% from the current price of $19.11.

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WEN Analyst Ratings Over Time

Type	Current Forecast 11/1/23 to 10/31/24	1 Month Ago 10/2/23 to 10/1/24	3 Months Ago 8/3/23 to 8/2/24	1 Year Ago 11/1/22 to 11/1/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	6 Buy rating(s)
Hold	14 Hold rating(s)	14 Hold rating(s)	14 Hold rating(s)	11 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$20.22	$20.24	$20.28	$24.63
Forecasted Upside	5.83% Upside	14.59% Upside	20.11% Upside	29.71% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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WEN Analyst Recommendations 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	2.25	2.50	2.50
Consensus Rating	Hold	Hold	Hold
Predicted Upside	5.83% Upside	39.99% Upside	10.62% Upside
News Sentiment Rating	Neutral News See Recent WEN News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/31/2024	Stephens 4 of 5 stars		Reiterated Rating	Equal Weight ➝ Equal Weight	$19.00 ➝ $19.00	-6.45%
10/16/2024	TD Cowen 4 of 5 stars		Boost Target	Hold ➝ Hold	$17.00 ➝ $19.00	-4.09%
10/8/2024	Citigroup 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$18.00 ➝ $18.75	+6.29%
9/16/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$20.00 ➝ $22.00	+24.86%
9/13/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Badishkanian Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
9/4/2024	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	I. Feinseth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$29.00 ➝ $29.00	+73.03%
Get the Latest News and Ratings for WEN and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Wendy's and its competitors with MarketBeat's FREE daily newsletter.
8/2/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$20.00 ➝ $19.00	+12.63%
8/2/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$20.00 ➝ $18.00	+6.70%
8/2/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$22.00 ➝ $19.00	+14.18%
8/2/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$20.00 ➝ $18.00	+9.09%
8/2/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$23.00 ➝ $19.00	+13.50%
8/1/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$19.50 ➝ $19.50	+15.18%
7/16/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$20.00 ➝ $19.00	+6.26%
7/15/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$26.00 ➝ $26.00	+55.69%
7/9/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$22.00 ➝ $21.00	+32.91%
6/13/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Cho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Sell	$16.00	-3.96%
5/3/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$20.00 ➝ $21.00	+5.32%
2/22/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$24.00 ➝ $20.00	+11.92%
2/20/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$22.00 ➝ $20.00	+8.75%
1/16/2024	Gordon Haskett Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$21.00	+7.86%
8/10/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$21.00 ➝ $23.00	+8.03%
5/19/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$29.00	+23.40%
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%
1/13/2023	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 Thursday at 08:10 PM ET.

WEN Forecast - Frequently Asked Questions

: According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for Wendy's is $20.22, with a high forecast of $29.00 and a low forecast of $16.00.
: 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wendy's in the last year. There is currently 1 sell rating, 14 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" WEN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WEN, but not buy additional shares or sell existing shares.
: According to analysts, Wendy's's stock has a predicted upside of 5.83% based on their 12-month stock forecasts.
: Over the previous 90 days, Wendy's's stock had 1 upgrade by analysts.
: Wendy's has been rated by research analysts at Barclays, BMO Capital Markets, Citigroup, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Piper Sandler, Stephens, Stifel Nicolaus, TD Cowen, Tigress Financial, and Wolfe Research in the past 90 days.
: Analysts like Wendy's less than other "retail/wholesale" companies. The consensus rating score for Wendy's is 2.25 while the average consensus rating score for "retail/wholesale" companies is 2.50. Learn more on how WEN compares to other companies.

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I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.

Here’s the full story for you.

This page (NASDAQ:WEN) was last updated on 10/31/2024 by MarketBeat.com Staff

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Wendy's (WEN) Stock Forecast & Price Target