The Wendy's Co has a consensus price target of $18.17, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from TD Cowen, Goldman Sachs, and JP Morgan on June 13, 2024, June 13, 2024, and June 3, 2024. With an average price target of $18.33 between TD Cowen, Goldman Sachs, and JP Morgan, there's an implied 12.54% upside for The Wendy's Co from these 3 analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/13/2024 | Buy Now | 16.64% | TD Cowen | Andrew Charles | $19 → $19 | Reiterates | Hold → Hold | Get Alert |
06/13/2024 | Buy Now | -1.78% | Goldman Sachs | Christine Cho | → $16 | Initiates | → Sell | Get Alert |
06/03/2024 | Buy Now | 22.77% | JP Morgan | John Ivankoe | $19 → $20 | Maintains | Neutral | Get Alert |
05/23/2024 | Buy Now | 35.05% | Evercore ISI Group | David Palmer | → $22 | Maintains | In-Line | Get Alert |
05/03/2024 | Buy Now | 16.64% | TD Cowen | Andrew Charles | → $19 | Reiterates | Hold → Hold | Get Alert |
05/03/2024 | Buy Now | 22.77% | Stephens & Co. | Jim Salera | → $20 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
05/03/2024 | Buy Now | 28.91% | UBS | Dennis Geiger | $20 → $21 | Maintains | Neutral | Get Alert |
05/03/2024 | Buy Now | 28.91% | Citigroup | Jon Tower | $20 → $21 | Maintains | Neutral | Get Alert |
05/03/2024 | Buy Now | 35.05% | BMO Capital | Andrew Strelzik | $20 → $22 | Maintains | Market Perform | Get Alert |
05/03/2024 | Buy Now | 41.19% | Piper Sandler | Aisling Grueninger | $21 → $23 | Maintains | Overweight | Get Alert |
05/03/2024 | Buy Now | 28.91% | Wedbush | Nick Setyan | $20 → $21 | Maintains | Neutral | Get Alert |
05/02/2024 | Buy Now | 22.77% | Stephens & Co. | Jim Salera | → $20 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
04/26/2024 | Buy Now | 22.77% | Wedbush | Nick Setyan | $19 → $20 | Maintains | Neutral | Get Alert |
04/12/2024 | Buy Now | 16.64% | TD Cowen | Andrew Charles | → $19 | Reiterates | Hold → Hold | Get Alert |
04/12/2024 | Buy Now | 22.77% | Stephens & Co. | Jim Salera | → $20 | Reinstates | → Equal-Weight | Get Alert |
04/11/2024 | Buy Now | 16.64% | TD Cowen | Andrew Charles | → $19 | Reiterates | Hold → Hold | Get Alert |
04/10/2024 | Buy Now | 16.64% | TD Cowen | Andrew Charles | → $19 | Reiterates | Hold → Hold | Get Alert |
02/22/2024 | Buy Now | 22.77% | Bernstein | Sara Senatore | $24 → $20 | Downgrade | Outperform → Market Perform | Get Alert |
02/21/2024 | Buy Now | 16.64% | JP Morgan | John Ivankoe | $22 → $19 | Downgrade | Overweight → Neutral | Get Alert |
02/20/2024 | Buy Now | 22.77% | RBC Capital | Christopher Carril | $22 → $20 | Maintains | Sector Perform | Get Alert |
02/20/2024 | Buy Now | 35.05% | Truist Securities | Jake Bartlett | $23 → $22 | Maintains | Buy | Get Alert |
02/19/2024 | Buy Now | 22.77% | Stephens & Co. | Joshua Long | $22 → $20 | Maintains | Overweight | Get Alert |
02/16/2024 | Buy Now | 22.77% | BMO Capital | Andrew Strelzik | $22 → $20 | Maintains | Market Perform | Get Alert |
02/16/2024 | Buy Now | 16.64% | Wedbush | Nick Setyan | $20 → $19 | Maintains | Neutral | Get Alert |
02/15/2024 | Buy Now | 35.05% | Stephens & Co. | Joshua Long | → $22 | Reiterates | Overweight → Overweight | Get Alert |
02/07/2024 | Buy Now | 22.77% | Wedbush | Nick Setyan | $21 → $20 | Maintains | Neutral | Get Alert |
01/16/2024 | Buy Now | — | Gordon Haskett | Jeff Farmer | — | Downgrade | Buy → Hold | Get Alert |
01/03/2024 | Buy Now | 28.91% | Barclays | Jeffrey Bernstein | → $21 | Downgrade | Overweight → Equal-Weight | Get Alert |
12/21/2023 | Buy Now | — | Wedbush | Nick Setyan | — | Downgrade | Outperform → Neutral | Get Alert |
11/03/2023 | Buy Now | 41.19% | Truist Securities | Jake Bartlett | $26 → $23 | Maintains | Buy | Get Alert |
11/03/2023 | Buy Now | 35.05% | Stephens & Co. | Joshua Long | $27 → $22 | Maintains | Overweight | Get Alert |
10/23/2023 | Buy Now | 41.19% | Barclays | Jeffrey Bernstein | $26 → $23 | Maintains | Overweight | Get Alert |
10/19/2023 | Buy Now | 22.77% | Citigroup | Jon Tower | $23 → $20 | Maintains | Neutral | Get Alert |
10/19/2023 | Buy Now | 22.77% | Deutsche Bank | Lauren Silberman | → $20 | Initiates | → Hold | Get Alert |
10/18/2023 | Buy Now | 47.33% | Wedbush | Nick Setyan | $26.5 → $24 | Maintains | Outperform | Get Alert |
10/11/2023 | Buy Now | 47.33% | Morgan Stanley | John Glass | $25 → $24 | Maintains | Equal-Weight | Get Alert |
09/14/2023 | Buy Now | 78.02% | Tigress Financial | Ivan Feinseth | $29 → $29 | Reiterates | Buy → Buy | Get Alert |
09/12/2023 | Buy Now | 62.68% | Wedbush | Nick Setyan | → $26.5 | Reiterates | Outperform → Outperform | Get Alert |
09/05/2023 | Buy Now | 62.68% | Wedbush | Nick Setyan | → $26.5 | Reiterates | Outperform → Outperform | Get Alert |
08/10/2023 | Buy Now | 59.61% | Barclays | Jeffrey Bernstein | $27 → $26 | Maintains | Overweight | Get Alert |
08/10/2023 | Buy Now | 65.75% | Stephens & Co. | Joshua Long | → $27 | Reiterates | Overweight → Overweight | Get Alert |
08/10/2023 | Buy Now | 35.05% | TD Cowen | Andrew Charles | → $22 | Reiterates | Market Perform → Market Perform | Get Alert |
08/10/2023 | Buy Now | 62.68% | Wedbush | Nick Setyan | → $26.5 | Reiterates | Outperform → Outperform | Get Alert |
08/09/2023 | Buy Now | 35.05% | TD Cowen | Andrew Charles | → $22 | Reiterates | → Market Perform | Get Alert |
08/09/2023 | Buy Now | 65.75% | Stephens & Co. | Joshua Long | → $27 | Reiterates | → Overweight | Get Alert |
07/27/2023 | Buy Now | 41.19% | Citigroup | Jon Tower | $24 → $23 | Maintains | Neutral | Get Alert |
07/26/2023 | Buy Now | — | Kalinowski Research | Mark Kalinowski | — | Downgrade | Buy → Neutral | Get Alert |
07/18/2023 | Buy Now | 59.61% | Truist Securities | Jake Bartlett | $29 → $26 | Maintains | Buy | Get Alert |
07/17/2023 | Buy Now | 53.47% | Morgan Stanley | John Glass | $25 → $25 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
06/21/2023 | Buy Now | 53.47% | RBC Capital | Christopher Carril | → $25 | Reiterates | Sector Perform → Sector Perform | Get Alert |
06/15/2023 | Buy Now | 35.05% | TD Cowen | Andrew Charles | → $22 | Reiterates | Market Perform → Market Perform | Get Alert |
06/14/2023 | Buy Now | 53.47% | Piper Sandler | Aisling Grueninger | → $25 | Assumes | → Overweight | Get Alert |
05/19/2023 | Buy Now | 59.61% | Argus Research | John Staszak | → $26 | Upgrade | Hold → Buy | Get Alert |
05/11/2023 | Buy Now | 47.33% | BMO Capital | Andrew Strelzik | $23 → $24 | Maintains | Market Perform | Get Alert |
05/11/2023 | Buy Now | 53.47% | Credit Suisse | Lauren Silberman | $24 → $25 | Maintains | Neutral | Get Alert |
05/11/2023 | Buy Now | 35.05% | TD Cowen | Andrew Charles | → $22 | Reiterates | → Market Perform | Get Alert |
04/17/2023 | Buy Now | 78.02% | Truist Securities | Jake Bartlett | $28 → $29 | Maintains | Buy | Get Alert |
03/14/2023 | Buy Now | 71.88% | Truist Securities | Jake Bartlett | $27 → $28 | Maintains | Buy | Get Alert |
03/06/2023 | Buy Now | — | Northcoast Research | Jim Sanderson | — | Downgrade | Buy → Neutral | Get Alert |
03/02/2023 | Buy Now | 65.75% | Truist Securities | Jake Bartlett | $28 → $27 | Maintains | Buy | Get Alert |
03/02/2023 | Buy Now | 47.33% | Citigroup | Jon Tower | $25 → $24 | Maintains | Neutral | Get Alert |
03/02/2023 | Buy Now | 47.33% | Credit Suisse | Lauren Silberman | → $24 | Reiterates | → Neutral | Get Alert |
03/02/2023 | Buy Now | 41.19% | BMO Capital | Andrew Strelzik | $22 → $23 | Maintains | Market Perform | Get Alert |
03/02/2023 | Buy Now | 62.68% | Wedbush | Nick Setyan | → $26.5 | Reiterates | → Outperform | Get Alert |
03/02/2023 | Buy Now | 65.75% | Stephens & Co. | Joshua Long | → $27 | Reiterates | → Overweight | Get Alert |
03/01/2023 | Buy Now | 65.75% | Stephens & Co. | Joshua Long | → $27 | Reiterates | → Overweight | Get Alert |
02/24/2023 | Buy Now | 62.68% | Wedbush | Nick Setyan | → $26.5 | Reiterates | → Outperform | Get Alert |
01/27/2023 | Buy Now | 78.02% | Tigress Financial | Ivan Feinseth | → $29 | Reiterates | → Buy | Get Alert |
01/18/2023 | Buy Now | 53.47% | Morgan Stanley | John Glass | $23 → $25 | Maintains | Equal-Weight | Get Alert |
01/17/2023 | Buy Now | 71.88% | Truist Securities | Jake Bartlett | $27 → $28 | Maintains | Buy | Get Alert |
01/17/2023 | Buy Now | 47.33% | Credit Suisse | Lauren Silberman | $22 → $24 | Maintains | Neutral | Get Alert |
01/17/2023 | Buy Now | 53.47% | Goldman Sachs | Jared Garber | $22 → $25 | Maintains | Neutral | Get Alert |
01/17/2023 | Buy Now | 41.19% | Deutsche Bank | Brian Mullan | → $23 | Downgrade | Buy → Hold | Get Alert |
01/13/2023 | Buy Now | 35.05% | Cowen & Co. | Andrew Charles | $19 → $22 | Maintains | Market Perform | Get Alert |
01/13/2023 | Buy Now | 53.47% | Evercore ISI Group | David Palmer | → $25 | Downgrade | Outperform → In-Line | Get Alert |
01/05/2023 | Buy Now | 71.88% | Barclays | Jeffrey Bernstein | $25 → $28 | Maintains | Overweight | Get Alert |
01/05/2023 | Buy Now | — | Oppenheimer | Brian Bittner | — | Downgrade | Outperform → Perform | Get Alert |
12/15/2022 | Buy Now | 53.47% | Jefferies | Alexander Slagle | → $25 | Initiates | → Hold | Get Alert |
11/10/2022 | Buy Now | 35.05% | Citigroup | Jon Tower | $23 → $22 | Maintains | Neutral | Get Alert |
10/11/2022 | Buy Now | 41.19% | Morgan Stanley | John Glass | $24 → $23 | Maintains | Equal-Weight | Get Alert |
09/23/2022 | Buy Now | 53.47% | Stephens & Co. | Joshua Long | → $25 | Initiates | → Overweight | Get Alert |
09/08/2022 | Buy Now | 53.47% | Bernstein | Sara Senatore | → $25 | Initiates | → Outperform | Get Alert |
08/11/2022 | Buy Now | 47.33% | Morgan Stanley | John Glass | $22 → $24 | Maintains | Equal-Weight | Get Alert |
08/11/2022 | Buy Now | 22.77% | BMO Capital | Andrew Strelzik | $18 → $20 | Maintains | Market Perform | Get Alert |
08/11/2022 | Buy Now | 47.33% | Barclays | Jeffrey Bernstein | $23 → $24 | Maintains | Overweight | Get Alert |
08/11/2022 | Buy Now | 28.91% | RBC Capital | Christopher Carril | $22 → $21 | Maintains | Sector Perform | Get Alert |
08/11/2022 | Buy Now | 47.33% | Wedbush | Nick Setyan | $23 → $24 | Maintains | Outperform | Get Alert |
08/03/2022 | Buy Now | — | OTR Global | — | — | Upgrade | Mixed → Positive | Get Alert |
07/20/2022 | Buy Now | 47.33% | Deutsche Bank | Brian Mullan | $20 → $24 | Maintains | Buy | Get Alert |
06/09/2022 | Buy Now | 41.19% | Barclays | Jeffrey Bernstein | $25 → $23 | Maintains | Overweight | Get Alert |
05/12/2022 | Buy Now | 35.05% | Morgan Stanley | John Glass | $25 → $22 | Maintains | Equal-Weight | Get Alert |
05/12/2022 | Buy Now | 22.77% | Deutsche Bank | Brian Mullan | $26 → $20 | Maintains | Buy | Get Alert |
05/12/2022 | Buy Now | 53.47% | Barclays | Jeffrey Bernstein | $28 → $25 | Maintains | Overweight | Get Alert |
05/12/2022 | Buy Now | 35.05% | Credit Suisse | Lauren Silberman | $27 → $22 | Maintains | Neutral | Get Alert |
05/12/2022 | Buy Now | 13.57% | Citigroup | Jon Tower | $23 → $18.5 | Maintains | Neutral | Get Alert |
05/12/2022 | Buy Now | 22.77% | RBC Capital | Christopher Carril | $23 → $20 | Maintains | Sector Perform | Get Alert |
05/12/2022 | Buy Now | 16.64% | Cowen & Co. | Andrew Charles | $23 → $19 | Maintains | Market Perform | Get Alert |
05/12/2022 | Buy Now | 41.19% | Wedbush | Nick Setyan | $28.5 → $23 | Maintains | Outperform | Get Alert |
04/18/2022 | Buy Now | 35.05% | BMO Capital | Andrew Strelzik | $28 → $22 | Downgrade | Outperform → Market Perform | Get Alert |
04/14/2022 | Buy Now | 53.47% | Morgan Stanley | John Glass | $26 → $25 | Maintains | Equal-Weight | Get Alert |
The latest price target for Wendy's (NASDAQ:WEN) was reported by TD Cowen on June 13, 2024. The analyst firm set a price target for $19.00 expecting WEN to rise to within 12 months (a possible 16.64% upside). 49 analyst firms have reported ratings in the last year.
The latest analyst rating for Wendy's (NASDAQ:WEN) was provided by TD Cowen, and Wendy's reiterated their hold 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 June 13, 2024 so you should expect the next rating to be made available sometime around June 13, 2025.
While ratings are subjective and will change, the latest Wendy's (WEN) rating was a reiterated with a price target of $19.00 to $19.00. The current price Wendy's (WEN) is trading at is $16.29, which is out of the analyst’s predicted range.
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