Wendys stock price forecast the Wendy’s stock price forecast from

The Wendy’s stock price forecast from MarketWatch shows a 12-month target of $22.10, following upward revisions in EPS estimates due to higher average check values. Overall, WEN ranks eighth on our list of best food stocks to buy under $20. While we acknowledge the potential of WEN, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WEN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock . Several research firms have issued reports on WEN. Sanford C. Bernstein set a $13.00 price objective on shares of Wendy's in a research note on Monday, May 5th. UBS Group reiterated a "neutral" rating and set a $11.00 price objective (down from $14.00) on shares of Wendy's in a research note on Wednesday, July 30th. Bank of America decreased their price objective on shares of Wendy's from $13.00 to $11.00 and set a "buy" rating for the company in a research note on Friday, July 18th. Loop Capital decreased their price objective on shares of Wendy's from $21.00 to $16.00 and set a "buy" rating for the company in a research note on Wednesday, July 16th. Finally, JPMorgan Chase & Co. upgraded shares of Wendy's from a "neutral" rating to an "overweight" rating and decreased their price objective for the stock from $17.00 to $15.00 in a research note on Monday, May 5th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $14.81. Long-term Wendy’s stock price forecast models anticipate comp sales growth of 3–4% annually, underpinned by loyalty program engagement and aggressive drive-thru optimization.