Morgan Stanley analyst John Glass has made adjustments to Wendy's (WEN, Financial) stock outlook as of July 14, 2025. The investment bank has decided to maintain its "Underweight" rating for Wendy's, consistent with its previous stance.
In addition to maintaining the same rating, Morgan Stanley has lowered Wendy's price target. The new price target is set at $11.00 USD, down from the prior target of $13.00 USD. This adjustment represents a decrease of approximately 15.38% in the price target.
This update highlights Morgan Stanley's cautious outlook on Wendy's performance in the stock market, as indicated by the continued "Underweight" rating and reduced price target.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for The Wendy's Co (WEN, Financial) is $14.11 with a high estimate of $21.00 and a low estimate of $12.00. The average target implies an upside of 30.01% from the current price of $10.86. 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 2.8, 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 $21.33, suggesting a upside of 96.5% from the current price of $10.855. 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.