11.18 USD
-0.25
2.19%
At close Jun 13, 4:00 PM EDT
After hours
11.19
+0.01
0.09%
1 day
-2.19%
5 days
-4.44%
1 month
-6.29%
3 months
-26.69%
6 months
-34.66%
Year to date
-30.65%
1 year
-33.69%
5 years
-48.88%
10 years
-0.45%
 

About: The Wendy's Company is the second-largest burger quick-service restaurant, or QSR, chain in the United States by systemwide sales, with $12.6 billion in 2024, narrowly edging Burger King ($11.5 billion) and clocking in well behind wide-moat McDonald's ($51.1 billion). After divestitures of Tim Hortons (2006) and Arby's (2011), the firm manages just the burger banner, generating sales across a footprint that spanned more than 7,200 total stores in 30 countries as of year-end 2024. Wendy's generates revenue from the sale of hamburgers, chicken sandwiches, salads, and fries throughout its company-owned footprint, through franchise royalty and marketing fund payments remitted by its franchisees, which account for roughly 94% of stores, and through franchise flipping and advisory fees.

Employees: 14,500

0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 10 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

55% more repeat investments, than reductions

Existing positions increased: 171 | Existing positions reduced: 110

1.8% more ownership

Funds ownership: 91.39% [Q4 2024] → 93.19% (+1.8%) [Q1 2025]

6% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 70

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

0% less funds holding

Funds holding: 420 [Q4 2024] → 418 (-2) [Q1 2025]

10% less capital invested

Capital invested by funds: $3.04B [Q4 2024] → $2.73B (-$304M) [Q1 2025]

30% less call options, than puts

Call options by funds: $60.3M | Put options by funds: $86.2M

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$13
16%
upside
Avg. target
$14.80
32%
upside
High target
$21
88%
upside

10 analyst ratings

positive
30%
neutral
60%
negative
10%
BMO Capital
Andrew Strelzik
34%upside
$15
Market Perform
Maintained
6 May 2025
Loop Capital
Alton Stump
88%upside
$21
Buy
Maintained
5 May 2025
Barclays
Jeffrey Bernstein
16%upside
$13
Equal-Weight
Maintained
5 May 2025
Truist Securities
Jake Bartlett
43%upside
$16
Buy
Maintained
5 May 2025
Morgan Stanley
John Glass
16%upside
$13
Underweight
Maintained
5 May 2025

Financial journalist opinion

Neutral
PRNewsWire
5 days ago
CHEEZ-IT® AND WENDY'S® STACK UP THE FLAVOR WITH LIMITED-EDITION BACONATOR® CRACKERS
The Iconic Bold Flavors of Wendy's® Baconator® Meet the Cheesy Crunch of Cheez-It® in a Crave-worthy Collab, Available Nationwide This July CHICAGO , June 10, 2025 /PRNewswire/ -- When a snack craving hits, only an explosion of flavors can truly satisfy. That's why this summer, Cheez-It® is teaming up with the fast-food innovators at Wendy's® to serve up the ultimate craveable fix: the first-ever Cheez-It x Wendy's Baconator® crackers.
CHEEZ-IT® AND WENDY'S® STACK UP THE FLAVOR WITH LIMITED-EDITION BACONATOR® CRACKERS
Neutral
Forbes
2 weeks ago
Ex-Dividend Reminder: Nike, Carter's And Wendy's
On 6/2/25, Nike, Carter's, and Wendy's will all trade ex-dividend for their respective upcoming dividends. Nike will pay its quarterly dividend of $0.40 on 7/1/25, Carter's will pay its quarterly dividend of $0.25 on 6/20/25, and Wendy's will pay its quarterly dividend of $0.14 on 6/16/25.
Ex-Dividend Reminder: Nike, Carter's And Wendy's
Neutral
Benzinga
1 month ago
Wendy's Mixes Weak Sales With A Side Of Resilience: Fast-Food Restaurant Has 'Solid Marketing,' Menu Innovation Plans, Says Analyst
Wendy's Co WEN shares were rising in early trading on Monday, despite the company announcing on Friday downbeat first-quarter sales.
Wendy's Mixes Weak Sales With A Side Of Resilience: Fast-Food Restaurant Has 'Solid Marketing,' Menu Innovation Plans, Says Analyst
Negative
Benzinga
1 month ago
These Analysts Cut Their Forecasts On Wendy's After Q1 Results
Wendy's Co WEN reported downbeat sales for the first quarter on Friday.
These Analysts Cut Their Forecasts On Wendy's After Q1 Results
Negative
PYMNTS
1 month ago
Wendy's Predicts Diners Will Feel Pressured All Year
Fast food chain Wendy's is expecting customers to feel financial pressure for the remainder of the year. To that end, the website Nation's Restaurant News reported Friday (May 2), the company is leaning into value offerings to attract diners after releasing earnings showing a 2.1% decline in same-store sales.
Wendy's Predicts Diners Will Feel Pressured All Year
Negative
Zacks Investment Research
1 month ago
Wendy's Q1 Earnings Meet Estimates, Revenues Miss, Both Down Y/Y
WEN's fiscal first-quarter results reflect a decline in global sales, due to reduced revenues from company-operated restaurants and franchise royalties.
Wendy's Q1 Earnings Meet Estimates, Revenues Miss, Both Down Y/Y
Negative
Investopedia
1 month ago
Wendy's Says Sales Could Fall in 2025 as Fast Food Shows Signs of Slowing Down
Wendy's (WEN) is the latest fast-food chain to express wariness about the months ahead, trimming its earnings outlook for the year and saying sales in 2025 may fall year-over-year.
Wendy's Says Sales Could Fall in 2025 as Fast Food Shows Signs of Slowing Down
Neutral
Zacks Investment Research
1 month ago
Hotter-Than-Expected Nonfarm Payrolls for April
Hotter-Than-Expected Nonfarm Payrolls for April.
Hotter-Than-Expected Nonfarm Payrolls for April
Positive
Zacks Investment Research
1 month ago
BLS Jobs +177K, Better than Expected; Unemployment +4.2%
Monthly jobs stayed at a healthy level, with wage growth cooling. Pre-market traders love it, sending major indexes up higher this morning.
BLS Jobs +177K, Better than Expected; Unemployment +4.2%
Neutral
Seeking Alpha
1 month ago
The Wendy's Company (WEN) Q1 2025 Earnings Call Transcript
The Wendy's Company (NASDAQ:WEN ) Q1 2025 Earnings Call May 2, 2025 8:30 AM ET Company Participants Aaron Broholm - Head of IR Kirk Tanner - President and CEO Ken Cook - CFO Conference Call Participants Jeffrey Bernstein - Barclays Bank David Palmer - Evercore ISI Dennis Geiger - UBS Investment Bank Jon Tower - Citigroup Inc. Sara Senatore - Bank of America Brian Bittner - Oppenheimer & Co. James Salera - Stephens Inc. Lauren Silberman - Deutsche Bank Margaret Binshtok - Wolfe Research Andrew Charles - TD Cowen Danilo Gargiulo - Sanford C. Bernstein Rahul Krotthapalli - J.P.
The Wendy's Company (WEN) Q1 2025 Earnings Call Transcript
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