Recent Investment Analysts’ Ratings Updates for Wendy’s (WEN)

A number of firms have modified their ratings and price targets on shares of Wendy’s (NASDAQ: WEN) recently:

• 5/13/2026 – Wendy’s was upgraded by Argus from “hold” to “buy”. They now have a $12.00 price target on the stock.
• 5/12/2026 – Wendy’s had its “hold” rating reaffirmed by TD Cowen. They now have a $6.00 price target on the stock.
• 5/11/2026 – Wendy’s had its price target lowered by BMO Capital Markets from $9.00 to $8.00. They now have a “market perform” rating on the stock.
• 5/11/2026 – Wendy’s had its price target raised by Citigroup Inc. from $7.25 to $7.75. They now have a “neutral” rating on the stock.
• 5/11/2026 – Wendy’s had its “underweight” rating reaffirmed by JPMorgan Chase & Co.. They now have a $6.00 price target on the stock, down from $7.00.
• 5/1/2026 – Wendy’s was given a new $6.00 price target by Mizuho.
• 4/30/2026 – Wendy’s was given a new $6.00 price target by Stifel Nicolaus.
• 4/24/2026 – Wendy’s had its price target lowered by Citigroup Inc. from $8.00 to $7.25. They now have a “neutral” rating on the stock.
• 4/20/2026 – Wendy’s had its “sell (d+)” rating reaffirmed by Weiss Ratings.

Wendy’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a $0.14 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.56 annualized dividend and a dividend yield of 6.9%. Wendy’s’s payout ratio is presently 71.79%.

The Wendy’s Company (NASDAQ:WEN) operates as a global quick-service restaurant chain, best known for its square-shaped beef patties, fresh ingredient sourcing and signature Frosty dessert. The company’s menu features a variety of hamburgers, chicken sandwiches, salads, breakfast sandwiches, sides and beverages, designed to appeal to a broad customer base seeking both classic and contemporary fast-food options. Wendy’s has placed particular emphasis on product innovation, introducing limited-time offerings and revamped core menu items to maintain customer interest and respond to evolving dining trends.

Founded in 1969 by entrepreneur Dave Thomas in Columbus, Ohio, Wendy’s expanded rapidly through both company-owned and franchised outlets.