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The Wendy's Company (WEN)
NASDAQ: WEN · IEX Real-Time Price · USD
17.65
-0.42 (-2.32%)
At close: Jul 19, 2024, 4:00 PM
17.66
+0.01 (0.06%)
Pre-market: Jul 22, 2024, 7:22 AM EDT

The Wendy's Company Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for The Wendy's Company stock have an average target of 21.11, with a low estimate of 16 and a high estimate of 29. The average target predicts an increase of 19.60% from the current stock price of 17.65.

Analyst Consensus: Hold
Target Low Average Median High
Price $16 $21.11 $21 $29
Change -9.35% +19.60% +18.98% +64.31%

Analyst Ratings

The average analyst rating for WEN stock from 21 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 333223
Buy 222222
Hold 131313151515
Sell 000000
Strong Sell 000011
Total 181818192021

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
John Glass
Morgan Stanley
 Morgan Stanley
Hold
Maintains
$20 → $19
 Hold Maintains $20 → $19 +7.65% Jul 16, 2024
Alton Stump
Loop Capital
 Loop Capital
Strong Buy
Maintains
$26
 Strong Buy Maintains $26 +47.31% Jul 15, 2024
Jim Salera
Stephens & Co.
 Stephens & Co.
Hold
Reiterates
$20
 Hold Reiterates $20 +13.31% Jul 9, 2024
Jake Bartlett
Truist Securities
 Truist Securities
Strong Buy
Maintains
$22 → $21
 Strong Buy Maintains $22 → $21 +18.98% Jul 9, 2024
Andrew Charles
TD Cowen
 TD Cowen
Hold
Reiterates
$19
 Hold Reiterates $19 +7.65% Jun 13, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.27B
from 2.18B
Increased by 4.10%
Revenue Next Year
2.37B
from 2.27B
Increased by 4.23%
EPS This Year
1.01
from 0.97
Increased by 3.96%
EPS Next Year
1.10
from 1.01
Increased by 9.53%
Year 2019202020212022202320242025202620272028
Revenue
1.71B1.73B1.90B2.10B2.18B2.27B2.37B2.46B2.55B2.68B
Revenue Growth
7.49%1.45%9.41%10.46%4.11%4.10%4.23%3.97%3.58%5.22%
EPS
0.580.520.890.820.971.011.101.261.421.67
EPS Growth
-69.15%-10.34%71.15%-7.87%18.29%3.96%9.53%14.34%12.51%17.65%
Forward PE
-----17.5015.9813.9812.4210.56
No. Analysts -----32311543
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 2.4B 2.5B 2.6B 2.7B 2.8B
Avg 2.3B 2.4B 2.5B 2.5B 2.7B
Low 2.2B 2.2B 2.3B 2.4B 2.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
10.1%
10.7%
11.9%
9.4%
9.7%
Avg
4.1%
4.2%
4.0%
3.6%
5.2%
Low
-1.2%
-3.8%
-3.0%
-1.9%
1.8%

EPS Forecast

EPS 20242025202620272028
High 1.16 1.26 1.44 1.60 1.83
Avg 1.01 1.10 1.26 1.42 1.67
Low 0.95 1.02 1.11 1.27 1.54

EPS Growth

EPS Growth 20242025202620272028
High
19.1%
25.0%
30.2%
26.4%
28.6%
Avg
4.0%
9.5%
14.3%
12.5%
17.7%
Low
-2.0%
1.1%
0.3%
0.9%
8.3%
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.