The price of WEN is predicted to go up -21.65%, based on the high correlation periods with QH. The similarity of these two price pattern on the periods is 96.48%.
WEN
QH
Wendy's development incentive programs (Groundbreaker, Pacesetter, Built to Suit) should drive an improvement in unit growth for the burger chain.
Wendy's breakfast business represents north of 9% of store-level sales today and should have plenty of headspace-even if it can't achieve management's lofty $6,000 in sales per store per week targets.
Wendy's brand cachet includes a perception of higher quality and a (relative) health halo, which should better cater to US restaurantgoers increasingly concerned with nutrition profiles than certain QSR burger peers.
Barclays
2025-02-14
Price Target
$17 → $16
Upside
+11.89%
Morgan Stanley
2025-01-21
Price Target
$22 → $14
Downside
-1.2%
UBS
2025-01-07
Price Target
$20 → $17
Upside
+10.46%