$20.07
0.25[1.26%]
At close: Apr 26
$20.07
0[0.00%]
After Hours: 7:57PM EDT
Wendy's Stock (NASDAQ:WEN), Analyst Ratings, Price Targets, Predictions
The Wendy's Co has a consensus price target of $19.72, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Wedbush, TD Cowen, and Stephens & Co. on April 26, 2024, April 12, 2024, and April 12, 2024. With an average price target of $19.67 between Wedbush, TD Cowen, and Stephens & Co., there's an implied -2.01% downside for The Wendy's Co from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wedbush
TD Cowen
Stephens & Co.
Bernstein
JP Morgan
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Wendy's
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/26/2024 | WEN | Buy Now | Wendy's | $20.07 | -0.35% | Wedbush | Nick Setyan | $19 → $20 | Maintains | Neutral | Get Alert |
| 04/12/2024 | WEN | Buy Now | Wendy's | $20.07 | -5.33% | TD Cowen | Andrew Charles | → $19 | Reiterates | Hold → Hold | Get Alert |
| 04/12/2024 | WEN | Buy Now | Wendy's | $20.07 | -0.35% | Stephens & Co. | Jim Salera | → $20 | Reinstates | → Equal-Weight | Get Alert |
| 04/11/2024 | WEN | Buy Now | Wendy's | $20.07 | -5.33% | TD Cowen | Andrew Charles | → $19 | Reiterates | Hold → Hold | Get Alert |
| 04/10/2024 | WEN | Buy Now | Wendy's | $20.07 | -5.33% | TD Cowen | Andrew Charles | → $19 | Reiterates | Hold → Hold | Get Alert |
| 02/22/2024 | WEN | Buy Now | Wendy's | $20.07 | -0.35% | Bernstein | Sara Senatore | $24 → $20 | Downgrade | Outperform → Market Perform | Get Alert |
| 02/21/2024 | WEN | Buy Now | Wendy's | $20.07 | -5.33% | JP Morgan | John Ivankoe | $22 → $19 | Downgrade | Overweight → Neutral | Get Alert |
| 02/20/2024 | WEN | Buy Now | Wendy's | $20.07 | -0.35% | RBC Capital | Christopher Carril | $22 → $20 | Maintains | Sector Perform | Get Alert |
| 02/20/2024 | WEN | Buy Now | Wendy's | $20.07 | 9.62% | Truist Securities | Jake Bartlett | $23 → $22 | Maintains | Buy | Get Alert |
| 02/19/2024 | WEN | Buy Now | Wendy's | $20.07 | -0.35% | Stephens & Co. | Joshua Long | $22 → $20 | Maintains | Overweight | Get Alert |
| 02/16/2024 | WEN | Buy Now | Wendy's | $20.07 | -0.35% | BMO Capital | Andrew Strelzik | $22 → $20 | Maintains | Market Perform | Get Alert |
| 02/16/2024 | WEN | Buy Now | Wendy's | $20.07 | -5.33% | Wedbush | Nick Setyan | $20 → $19 | Maintains | Neutral | Get Alert |
| 02/15/2024 | WEN | Buy Now | Wendy's | $20.07 | 9.62% | Stephens & Co. | Joshua Long | → $22 | Reiterates | Overweight → Overweight | Get Alert |
| 02/07/2024 | WEN | Buy Now | Wendy's | $20.07 | -0.35% | Wedbush | Nick Setyan | $21 → $20 | Maintains | Neutral | Get Alert |
| 01/16/2024 | WEN | Buy Now | Wendy's | $20.07 | — | Gordon Haskett | Jeff Farmer | — | Downgrade | Buy → Hold | Get Alert |
| 01/03/2024 | WEN | Buy Now | Wendy's | $20.07 | 4.63% | Barclays | Jeffrey Bernstein | → $21 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 12/21/2023 | WEN | Buy Now | Wendy's | $20.07 | — | Wedbush | Nick Setyan | — | Downgrade | Outperform → Neutral | Get Alert |
| 11/03/2023 | WEN | Buy Now | Wendy's | $20.07 | 14.6% | Truist Securities | Jake Bartlett | $26 → $23 | Maintains | Buy | Get Alert |
| 11/03/2023 | WEN | Buy Now | Wendy's | $20.07 | 9.62% | Stephens & Co. | Joshua Long | $27 → $22 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Wendy's (WEN)?
The latest price target for Wendy's (NASDAQ: WEN) was reported by Wedbush on April 26, 2024. The analyst firm set a price target for $20.00 expecting WEN to fall to within 12 months (a possible -0.35% downside). 44 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Wendy's (WEN)?
The latest analyst rating for Wendy's (NASDAQ: WEN) was provided by Wedbush, and Wendy's maintained their neutral rating.
When was the last upgrade for Wendy's (WEN)?
The last upgrade for The Wendy's Co happened on May 19, 2023 when Argus Research raised their price target to $26. Argus Research previously had a hold for The Wendy's Co.
When was the last downgrade for Wendy's (WEN)?
The last downgrade for The Wendy's Co happened on February 22, 2024 when Bernstein changed their price target from $24 to $20 for The Wendy's Co.
When is the next analyst rating going to be posted or updated for Wendy's (WEN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Wendy's, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Wendy's was filed on April 26, 2024 so you should expect the next rating to be made available sometime around April 26, 2025.
Is the Analyst Rating Wendy's (WEN) correct?
While ratings are subjective and will change, the latest Wendy's (WEN) rating was a maintained with a price target of $19.00 to $20.00. The current price Wendy's (WEN) is trading at is $20.07, which is out of the analyst’s predicted range.
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