Wendy's (WEN) Stock Forecast & Price Target

$18.38 -0.41 (-2.18%)

(As of 11/12/2024 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

$20.36
10.75% Upside

According to the 20 analysts' twelve-month price targets for Wendy's, the average price target is $20.36. 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 10.75% from the current price of $18.38.

WEN Analyst Ratings Over Time

Type	Current Forecast 11/14/23 to 11/13/24	1 Month Ago 10/15/23 to 10/14/24	3 Months Ago 8/16/23 to 8/15/24	1 Year Ago 11/14/22 to 11/14/23
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	$20.36	$20.12	$20.13	$24.37
Forecasted Upside	10.75% Upside	3.70% Upside	17.11% Upside	29.00% 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	2.51	2.50
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	10.75% Upside	26.27% Upside	7.93% 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
11/1/2024	BMO Capital Markets 4 of 5 stars		Boost Target	Market Perform ➝ Market Perform	$19.00 ➝ $20.00	+0.96%
11/1/2024	Truist Financial 2 of 5 stars		Boost Target	Buy ➝ Buy	$21.00 ➝ $22.00	+10.94%
11/1/2024	Wedbush 4 of 5 stars		Reiterated Rating	Neutral ➝ Neutral	$20.00 ➝ $20.00	+4.66%
10/31/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Equal Weight	$19.00 ➝ $19.00	-6.45%
10/16/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$17.00 ➝ $19.00	-4.09%
10/8/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$18.00 ➝ $18.75	+6.29%
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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%
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	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%
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%
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 Wednesday at 03:33 AM 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 $20.36, with a high forecast of $29.00 and a low forecast of $16.00.
: 20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wendy's in the last twelve months. 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 research 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 10.75% 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 BMO Capital Markets, Citigroup, JPMorgan Chase & Co., Stephens, TD Cowen, Tigress Financial, Truist Financial, Wedbush, and Wolfe Research in the past 90 days.
: Analysts like Wendy's less than other "retail/wholesale" companies. The consensus rating for Wendy's is Hold while the average consensus rating for "retail/wholesale" companies is Moderate Buy. Learn more on how WEN compares to other companies.

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This page (NASDAQ:WEN) was last updated on 11/13/2024 by MarketBeat.com Staff

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Wendy's (WEN) Stock Forecast & Price Target