The latest price target for Wendy's (NASDAQ:WEN) was reported by JP Morgan on September 16, 2024. The analyst firm set a price target for $22.00 expecting WEN to rise to within 12 months (a possible 24.58% upside). 56 analyst firms have reported ratings in the last year.

The latest analyst rating for Wendy's (NASDAQ:WEN) was provided by JP Morgan, and Wendy's maintained their neutral rating.

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.

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.

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 September 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.

While ratings are subjective and will change, the latest Wendy's (WEN) rating was a maintained with a price target of $20.00 to $22.00. The current price Wendy's (WEN) is trading at is $17.66, which is out of the analyst’s predicted range.