The Wendy's Company (WEN)
NASDAQ: WEN · Real-Time Price · USD
19.72
+0.06 (0.31%)
Nov 4, 2024, 4:00 PM EST - Market closed
The Wendy's Company Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for The Wendy's Company stock have an average target of 20.51, with a low estimate of 16 and a high estimate of 29. The average target predicts an increase of 4.01% from the current stock price of 19.72.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for WEN stock from 22 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Hold | 15 | 15 | 15 | 15 | 15 | 15 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 20 | 21 | 22 | 22 | 22 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $19 → $20 | Hold | Maintains | $19 → $20 | +1.42% | Nov 1, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $21 → $22 | Strong Buy | Maintains | $21 → $22 | +11.56% | Nov 1, 2024 |
| Wedbush | Wedbush | Hold Reiterates $20 | Hold | Reiterates | $20 | +1.42% | Nov 1, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $19 | Hold | Reiterates | $19 | -3.65% | Nov 1, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $19 | Hold | Reiterates | $19 | -3.65% | Oct 31, 2024 |
Financial Forecast
Revenue This Year
2.24B
from 2.18B
Increased by 2.77%
Revenue Next Year
2.32B
from 2.24B
Increased by 3.66%
EPS This Year
1.00
from 0.97
Increased by 3.00%
EPS Next Year
1.07
from 1.00
Increased by 7.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.4B | 2.5B | 2.6B | ||
| Avg | 2.2B | 2.3B | 2.4B | ||
| Low | 2.1B | 2.2B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.0% | 10.7% | 12.7% | ||
| Avg | 2.8% | 3.7% | 4.0% | ||
| Low | -1.8% | -2.7% | -1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.09 | 1.22 | 1.39 | ||
| Avg | 1.00 | 1.07 | 1.23 | ||
| Low | 0.90 | 0.90 | 1.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.6% | 21.9% | 28.9% | ||
| Avg | 3.0% | 7.6% | 14.3% | ||
| Low | -7.1% | -9.8% | -5.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.