Wendy’s (WEN) stock was up on Friday even after the fast-food chain warned investors that things are going to get rougher for the rest of the year. In its latest earnings report, Wendy’s cut its 2026 guidance, now expecting global systemwide sales growth to be down 3% to 5% year-over-year. Prior to this update, the company expected global systemwide sales growth to be flat to down 2%.
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Another 2025 outlook update from Wendy’s dropped its adjusted earnings per share guidance to between 82 cents and 89 cents, compared to its prior forecast of 92 cents to 98 cents. That’s not looking good for the fast-food company, as Wall Street expects it to report adjusted EPS of 94 cents in 2025.
The Wendy’s Q2 earnings report also included adjusted EPS of 29 cents on revenue of $560.9 million. These were above Wall Street’s estimates of 25 cents per share and revenue of $558.05 million. While the company’s adjusted EPS was up 7.41% year-over-year, revenue declined 1.7%.
Wendy’s Stock Movement Today
Wendy’s stock was up 1.91% on Friday, but remained down 35.92% year-to-date. Investors will also note that WEN stock has fallen 41.82% over the past 12 months. Inflation and other economic factors have weighed on the fast-food company over the past couple of years.
Is Wendy’s Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Wendy’s is Hold, based on two Buy, 10 Hold, and three Sell ratings over the past three months. With that comes an average WEN stock price target of $12.63, representing a potential 24.68% upside for the shares. These ratings and price targets will likely change as analysts update their coverage following today’s earnings report.
