The Wendy's Company (WEN)

The Wendy's Company Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for The Wendy's Company stock have an average target of 21.56, with a low estimate of 19 and a high estimate of 29. The average target predicts an increase of 7.05% from the current stock price of 20.14.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$19	$21.56	$20	$29
Change	-5.66%	+7.05%	-0.70%	+43.99%

Analyst Ratings

The average analyst rating for WEN stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	3	3	3	3	3	3
Buy	4	3	2	2	2	2
Hold	13	13	13	13	13	13
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	19	18	18	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nick Setyan Wedbush	Wedbush	Hold Maintains $19 → $20	Hold	Maintains	$19 → $20	-0.70%	Apr 26, 2024
Andrew Charles TD Cowen	TD Cowen	Hold Reiterates $19	Hold	Reiterates	$19	-5.66%	Apr 12, 2024
Jim Salera Stephens & Co.	Stephens & Co.	Hold Initiates $20	Hold	Initiates	$20	-0.70%	Apr 12, 2024
Andrew Charles TD Cowen	TD Cowen	Hold Reiterates $19	Hold	Reiterates	$19	-5.66%	Apr 11, 2024
Andrew Charles TD Cowen	TD Cowen	Hold Reiterates $19	Hold	Reiterates	$19	-5.66%	Apr 10, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.29B

Increased by 4.79%

from 2.18B

Revenue Next Year

2.40B

Increased by 4.77%

from 2.29B

EPS This Year

1.01

Increased by 3.88%

from 0.97

EPS Next Year

1.13

Increased by 12.55%

from 1.01

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	1.71B	1.73B	1.90B	2.10B	2.18B	2.29B	2.40B	2.44B	2.59B	2.69B
Revenue Growth	7.49%	1.45%	9.41%	10.46%	4.11%	4.79%	4.77%	1.92%	6.19%	3.82%
EPS	0.58	0.52	0.89	0.82	0.97	1.01	1.13	1.28	1.49	1.72
EPS Growth	-69.15%	-10.34%	71.15%	-7.87%	18.29%	3.88%	12.55%	12.95%	16.70%	14.86%
No. Analysts	-	-	-	-	-	29	28	10	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	2.4B	2.7B	2.6B	2.7B	2.8B
Avg	2.3B	2.4B	2.4B	2.6B	2.7B
Low	2.1B	2.2B	2.0B	2.5B	2.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	10.3%	16.6%	10.1%	10.4%	7.9%
Avg	4.8%	4.8%	1.9%	6.2%	3.8%
Low	-1.5%	-4.2%	-17.2%	3.0%	0.7%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.18	1.58	1.42	1.55	1.79
Avg	1.01	1.13	1.28	1.49	1.72
Low	0.92	1.01	1.17	1.45	1.67

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	21.2%	56.3%	25.0%	21.3%	19.4%
Avg	3.9%	12.5%	12.9%	16.7%	14.9%
Low	-5.0%	0.2%	2.8%	13.2%	11.5%

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.