Wingstop
WING
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 2,818 global stores at the end of the second 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 Q2 regulatory disclosures by fund managers ($100M+ AUM)
133% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 7 (+4) [Q2]
71% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 56
58% more capital invested
Capital invested by funds: $6.72B [Q1] → $10.6B (+$3.92B) [Q2]
8% more funds holding
Funds holding: 431 [Q1] → 467 (+36) [Q2]
6.51% more ownership
Funds ownership: 106.66% [Q1] → 113.18% (+6.51%) [Q2]
6% less repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 170
27% less call options, than puts
Call options by funds: $243M | Put options by funds: $335M
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Stifel
Chris O'Cull
|
$375
|
Buy
Maintained
|
9 Sep 2025 |
Stephens & Co.
Jim Salera
|
$425
|
Overweight
Reiterated
|
3 Sep 2025 |
Raymond James
Brian Vaccaro
|
$420
|
Strong Buy
Upgraded
|
15 Aug 2025 |
Barclays
Jeffrey Bernstein
|
$440
|
Overweight
Maintained
|
31 Jul 2025 |
Morgan Stanley
John Glass
|
$400
|
Overweight
Maintained
|
31 Jul 2025 |
Wells Fargo
Zachary Fadem
|
$415
|
Overweight
Maintained
|
31 Jul 2025 |
Benchmark
Todd Brooks
|
$410
|
Buy
Maintained
|
31 Jul 2025 |
Guggenheim
Gregory Francfort
|
$410
|
Buy
Maintained
|
31 Jul 2025 |
UBS
Dennis Geiger
|
$385
|
Neutral
Maintained
|
31 Jul 2025 |
B of A Securities
Sara Senatore
|
$420
|
Buy
Maintained
|
18 Jul 2025 |
Citigroup
Jon Tower
|
$321
|
Neutral
Maintained
|
15 Jul 2025 |
Financial journalist opinion
Based on 7 articles about WING published over the past 30 days