Truist has adjusted its price target for Wingstop (WING, Financial), lowering it from $265 to $242 while maintaining a Hold rating on the stock. This decision comes in light of indicators from Truist Card Data, which suggest potential shortfalls in Wingstop's performance in the first quarter of 2025. The analysis reflects concerns over the restaurant sector's prospects amidst broader economic uncertainties, which could impact earnings.
Despite these challenges, Truist notes that consumer engagement with new menu innovations and promotional activities might help counteract some of the adverse effects stemming from the current economic landscape. This customer response offers a glimmer of hope for Wingstop to navigate the uncertain market conditions ahead.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Wingstop Inc (WING, Financial) is $299.25 with a high estimate of $400.00 and a low estimate of $182.82. The average target implies an upside of 41.95% from the current price of $210.82. More detailed estimate data can be found on the Wingstop Inc (WING) Forecast page.
Based on the consensus recommendation from 26 brokerage firms, Wingstop Inc's (WING, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" 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 Wingstop Inc (WING, Financial) in one year is $398.86, suggesting a upside of 89.19% from the current price of $210.82. 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 Wingstop Inc (WING) Summary page.
