Wingstop price target raised to $350, named ‘favorite 2026 idea’ at RBC Capital

RBC Capital analyst Logan Reich raised the firm’s price target on Wingstop (WING) to $350 from $300 and keeps an Outperform rating on the shares as part of a broader research note previewing 2026 for Restaurants and Leisure names. The firm believes that the company’s “best-in-class franchisee ROIC should support double-digit unit growth while noting that Wingstop has a long runway in the US and is still in the early stages of international expansion, the analyst tells investors in a research note. Wingstop’s growth profile more than justifies the stock’s premium valuation, which looks “sustainable”, the firm added.