A number of research firms have changed their ratings and price targets for Wendy’s (NASDAQ: WEN):
- 10/26/2026 – Wendy’s had its price target lowered by UBS Group from $8.00 to $6.50. They now have a “neutral” rating on the stock.
- 10/23/2026 – Wendy’s had its price target lowered by Citigroup from $8.25 to $6.75. They now have a “neutral” rating on the stock.
- 10/15/2026 – Wendy’s had its “sell (d+)” rating reaffirmed by Weiss Ratings.
- 10/15/2026 – Wendy’s had its price target lowered by Stephens from $8.00 to $7.00. They now have an “equal weight” rating on the stock.
- 9/16/2026 – Wendy’s is now covered by Seaport Research Partners. They set a “neutral” rating on the stock.
- 9/15/2026 – Wendy’s had its “neutral” rating reaffirmed by Guggenheim.
- 9/1/2026 – Wendy’s had its price target raised by Citigroup from $8.00 to $8.25. They now have a “neutral” rating on the stock.
Wendy’s Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a $0.07 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $0.28 dividend on an annualized basis and a yield of 4.6%. This is a decrease from Wendy’s’s previous quarterly dividend of $0.14.
The Wendy’s Company (NASDAQ: WEN) operates and franchises quick-service restaurants under the Wendy’s brand. Its restaurants are known for hamburgers made with fresh, never-frozen beef, along with chicken sandwiches, salads, fries, breakfast items, desserts, and beverages.
Founded by Dave Thomas in 1969, Wendy’s has grown into an international restaurant chain with locations primarily in the United States and Canada, as well as select markets in other countries. The company’s restaurant system includes both company-operated and franchised locations.
In addition to its restaurant operations, Wendy’s supports customers through digital ordering, delivery, loyalty programs, and mobile applications.
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