On May 5, 2025, Wendy's (WEN, Financial) received notable attention from JP Morgan, as analyst John Ivankoe issued an upgrade in the company's stock rating. The rating was elevated from 'Neutral' to 'Overweight', indicating increased confidence in Wendy's market position and potential growth trajectory.
Alongside the rating upgrade, JP Morgan also adjusted Wendy's price target. The price target was lowered from a prior mark of $17.00 to a new target of $15.00. This adjustment corresponds to an 11.76% decrease, reflecting revised expectations in the company's valuation while maintaining a positive outlook based on the 'Overweight' rating.
This strategic move by JP Morgan places Wendy's (WEN, Financial) in a spotlight for investors, highlighting an opportunity for potential growth despite the adjusted price target in the USD currency. Investors may view this as a signal of the company's resilience and capability to perform in the current market environment.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for The Wendy's Co (WEN, Financial) is $15.38 with a high estimate of $26.00 and a low estimate of $13.00. The average target implies an upside of 22.51% from the current price of $12.55. More detailed estimate data can be found on the The Wendy's Co (WEN) Forecast page.
Based on the consensus recommendation from 29 brokerage firms, The Wendy's Co's (WEN, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for The Wendy's Co (WEN, Financial) in one year is $22.65, suggesting a upside of 80.48% from the current price of $12.55. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the The Wendy's Co (WEN) Summary page.
