Wingstop Expands to 3,000 Locations, Aiming for 10,000
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 12 Jan 26
Source: Newsfilter
Wingstop Inc. shares rose 3.73% as the stock reached a 20-day high.
The company recently opened its 3,000th location, reflecting robust demand and a strong franchise model, with plans to expand to 10,000 locations in the long term. This expansion strategy highlights Wingstop's commitment to growth and market penetration.
The implications of this expansion are significant, as it positions Wingstop to capture a larger share of the fast-casual dining market, potentially increasing revenue and brand recognition.
Analyst Views on WING
Wall Street analysts forecast WING stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WING is 330.13 USD with a low forecast of 268.69 USD and a high forecast of 400.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
22 Analyst Rating
19 Buy
3 Hold
0 Sell
Strong Buy
Current: 272.700
Low
268.69
Averages
330.13
High
400.00
Current: 272.700
Low
268.69
Averages
330.13
High
400.00
About WING
Wingstop Inc. is a fast casual chicken wings-focused restaurant chain in the world, with more than 2,550 locations worldwide. The Company is in the business of franchising and operating Wingstop restaurants. The Company is primarily a franchisor, with approximately 98% of its restaurants owned and operated by independent franchisees. The Company offers classic wings, boneless wings, tenders, and chicken sandwiches, always cooked to order, and hand-sauced-and-tossed in 12 bold, distinctive flavors. It also complements its wings, tenders, and chicken sandwiches with fresh-cut, seasoned fries and fresh, hand-cut carrots and celery. It offers various order options, including dine-in / carryout / delivery; individual / combo meals / family packs. Its menu also features signature sides, including fresh-cut, seasoned fries and freshly made ranch and bleu cheese dips. The Company operates approximately a total of 2,513 restaurants in 45 states and 12 countries and United States territories.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
