WingstopWING
About: Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and, recently, chicken sandwiches. The firm's footprint has grown quickly since its inception, expanding to 2,689 global stores by the end of the first quarter of 2025. With a 98% franchised model, Wingstop generates the lion's share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.
Employees: 1,335
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 3 (+2) [Q1 2025]
3.93% more ownership
Funds ownership: 102.54% [Q4 2024] → 106.48% (+3.93%) [Q1 2025]
7% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 149
4% less funds holding
Funds holding: 447 [Q4 2024] → 430 (-17) [Q1 2025]
12% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 84
21% less capital invested
Capital invested by funds: $8.51B [Q4 2024] → $6.7B (-$1.81B) [Q1 2025]
49% less call options, than puts
Call options by funds: $121M | Put options by funds: $235M
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
TD Securities Andrew Charles | 13%upside $400 | Buy Maintained | 5 Jun 2025 |
Goldman Sachs Christine Cho | 10%upside $390 | Buy Maintained | 4 Jun 2025 |
Wells Fargo Zachary Fadem | 6%upside $375 | Overweight Maintained | 30 May 2025 |
Truist Securities Jake Bartlett | 13%upside $400 | Buy Upgraded | 27 May 2025 |
Baird David Tarantino | 13%upside $400 | Outperform Maintained | 23 May 2025 |
Financial journalist opinion
Based on 7 articles about WING published over the past 30 days









