Cash Flow Expectations: Wendel anticipates generating over €7 billion in cash flow by 2030 through its asset management and principal investment activities, which will enable at least €1.6 billion in shareholder returns, significantly enhancing the company's attractiveness in the investment sector.
Shareholder Return Policy: The company plans to initiate a share buyback representing 9% of its capital in 2026 and cancel 3.8% of treasury shares, which is expected to provide greater flexibility for future shareholder returns and bolster market confidence.
Strategic Transformation Results: In less than three years, Wendel has successfully transformed into a global investment firm focused on creating value through controlled private assets, with asset management expected to represent over half of the company's intrinsic value by 2030.
Growth Potential: Wendel Investment Managers is projected to manage over €46 billion in assets by 2026 and achieve annual earnings exceeding €200 million in private equity and private debt, demonstrating strong growth potential and market competitiveness.
WEN
$8.2545+Infinity%1D
Analyst Views on WEN
Wall Street analysts forecast WEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WEN is 9.66 USD with a low forecast of 7.00 USD and a high forecast of 12.00 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.
23 Analyst Rating
Wall Street analysts forecast WEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WEN is 9.66 USD with a low forecast of 7.00 USD and a high forecast of 12.00 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.
2 Buy
16 Hold
5 Sell
Hold
Current: 8.610
Low
7.00
Averages
9.66
High
12.00
Current: 8.610
Low
7.00
Averages
9.66
High
12.00
JPMorgan
Overweight -> Neutral
downgrade
$12 -> $9
2025-12-03
Reason
JPMorgan
Price Target
$12 -> $9
2025-12-03
downgrade
Overweight -> Neutral
Reason
JPMorgan downgraded Wendy's to Neutral from Overweight with a price target of $9, down from $12.
JPMorgan
Overweight
to
Neutral
downgrade
$12 -> $9
2025-12-03
Reason
JPMorgan
Price Target
$12 -> $9
2025-12-03
downgrade
Overweight
to
Neutral
Reason
JPMorgan downgraded Wendy's to Neutral from Overweight with a price target of $9, down from $12. The firm moves to the sidelines pending a more defined strategy from a permanent management team. Wendy's chances of a U.S. turnaround through meaningful unit volume expansion is a "very low probability outcome" in the next three years, the analyst tells investors in a research note. Until the company can reach $2.3M-$2.5M average unit volume, above the current U.S. franchise AUVs of $1.9M, Wendy's will have difficultly making the franchise unit economics work to restart U.S. development, contends JPMorgan.
Citi
Neutral
downgrade
$9
2025-11-10
Reason
Citi
Price Target
$9
2025-11-10
downgrade
Neutral
Reason
Citi lowered the firm's price target on Wendy's to $9 from $9.50 and keeps a Neutral rating on the shares.
BofA
Sara Senatore
Underperform
downgrade
$10 -> $9
2025-11-10
Reason
BofA
Sara Senatore
Price Target
$10 -> $9
2025-11-10
downgrade
Underperform
Reason
BofA analyst Sara Senatore lowered the firm's price target on Wendy's to $9 from $10 and keeps an Underperform rating on the shares. The firm lowered its Q4 EPS estimate for Wendy's to 12c from 17c prior, primarily on below the line items, including interest expense and tax rate, the analyst tells investors. The firm believes Wendy's will continue to struggle to compete with larger fast food hamburger restaurant competitors, the analyst added.
About WEN
The Wendy’s Company is primarily engaged in the business of operating, developing and franchising a system of distinctive quick-service restaurants. The Company’s menu includes made-to-order square hamburgers using beef, and fan favorites like the Spicy Chicken Sandwich and nuggets, Baconator, and the Frosty dessert. Its segments include Wendy’s U.S., Wendy’s International and Global Real Estate & Development. Wendy’s U.S. includes the operation and franchising of its restaurants in the United States. Wendy’s International includes the operation and franchising of its restaurants in countries and territories other than the United States. Global Real Estate & Development includes real estate activity for owned sites and sites leased from third parties, which are leased and/or subleased to franchisees, and also includes its share of the income of its Canadian restaurant real estate joint venture (TimWen). The Company and its franchisees have over 7,000 restaurants worldwide.
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.
