Wells Fargo & Company Cuts Wingstop (NASDAQ:WING) Price Target to $225.00

Wingstop (NASDAQ:WING) had its price target decreased by Wells Fargo & Company from $330.00 to $225.00 in a report published on Tuesday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the restaurant operator’s stock.

Several other equities research analysts also recently commented on the company. Benchmark reiterated a “buy” rating on shares of Wingstop in a report on Thursday, February 19th. DA Davidson initiated coverage on shares of Wingstop in a report on Friday, March 6th. They set a “buy” rating and a $330.00 price target on the stock. Stephens reiterated an “overweight” rating and issued a $375.00 price target on shares of Wingstop in a research note on Thursday, February 19th. Weiss Ratings reissued a “hold (c)” rating on shares of Wingstop in a report on Friday, March 27th. Finally, Loop Capital initiated coverage on shares of Wingstop in a research report on Friday, January 9th. They set a “buy” rating and a $317.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $320.24.

Wingstop Trading Up 5.3%

Shares of WING opened at $152.51 on Tuesday. The business’s fifty day simple moving average is $228.23 and its two-hundred day simple moving average is $243.87. Wingstop has a 12 month low of $142.24 and a 12 month high of $388.14. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 24.68, a P/E/G ratio of 1.59 and a beta of 2.03.

Wingstop (NASDAQ:WING) last posted its earnings results on Wednesday, February 18th. The restaurant operator reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.16. The business had revenue of $175.69 million during the quarter, compared to analyst estimates of $177.74 million. Wingstop had a negative return on equity of 16.12% and a net margin of 25.01%.The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.92 EPS. As a group, research analysts forecast that Wingstop will post 4.18 EPS for the current year.

Wingstop Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 6th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $1.20 annualized dividend and a dividend yield of 0.8%. Wingstop’s dividend payout ratio is presently 19.42%.

Insider Activity at Wingstop

In other Wingstop news, Director Wesley S. Mcdonald sold 566 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $250.00, for a total transaction of $141,500.00. Following the completion of the sale, the director directly owned 4,375 shares of the company’s stock, valued at approximately $1,093,750. This represents a 11.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kilandigalu Madati sold 2,700 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $260.73, for a total transaction of $703,971.00. Following the completion of the transaction, the director owned 2,583 shares in the company, valued at $673,465.59. The trade was a 51.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.72% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Wingstop

Hedge funds have recently modified their holdings of the business. Lone Pine Capital LLC purchased a new stake in shares of Wingstop in the 3rd quarter worth $375,317,000. Steadfast Capital Management LP lifted its position in Wingstop by 296.2% during the third quarter. Steadfast Capital Management LP now owns 950,521 shares of the restaurant operator’s stock valued at $239,227,000 after purchasing an additional 710,621 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in Wingstop by 48.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,405,894 shares of the restaurant operator’s stock valued at $335,292,000 after purchasing an additional 456,861 shares in the last quarter. Capital World Investors grew its holdings in Wingstop by 160.6% during the third quarter. Capital World Investors now owns 740,896 shares of the restaurant operator’s stock valued at $186,469,000 after purchasing an additional 456,637 shares during the period. Finally, Atreides Management LP bought a new stake in Wingstop during the fourth quarter valued at about $93,012,000.

Trending Headlines about Wingstop

Here are the key news stories impacting Wingstop this week:

• Positive Sentiment: Piper Sandler upgraded WING to “overweight” and called the current share level an “attractive entry point,” setting a $190 price target (down from $283), signaling buy-side interest despite a lower PT. Article Title
• Positive Sentiment: Raymond James bumped WING to “strong-buy” with a $240 target (from $325), a vote of confidence that likely supported buying interest today. Article Title
• Positive Sentiment: Guggenheim kept a “buy” stance while trimming its target to $255 (from $315), reinforcing that analysts still see meaningful upside even after multiple PT cuts. Article Title
• Positive Sentiment: Retail/media coverage is upbeat — pieces highlighting Wingstop as “quite attractive” and “3 big reasons to love Wingstop” are amplifying retail interest and momentum. MSN Yahoo
• Neutral Sentiment: Wingstop scheduled its fiscal Q1 2026 results release and conference call for April 29 — an event that can drive near-term volatility and reposition expectations. PR Newswire
• Neutral Sentiment: BNP Paribas Exane initiated coverage (details pending), adding to analyst attention but not yet changing the consensus view materially. Article Title
• Negative Sentiment: Wells Fargo trimmed its price target to $225, and other firms have reduced targets from prior higher levels — a reminder that analysts are moderating long-term estimates even as they generally retain buy ratings. Article Title
• Negative Sentiment: Recent trading saw a pullback (coverage noted by Zacks) which highlights near-term downside risk and short-term volatility despite the analyst-driven rally. Zacks

Wingstop Company Profile

Wingstop Inc (NASDAQ: WING) is a fast-casual restaurant chain specializing in chicken wings and related menu items. Founded in 1994 in Garland, Texas, the company has built its brand around bold, chef-inspired wing flavors and a streamlined service model that caters to dine-in, takeout, delivery and catering orders.

The company’s core offerings include both bone-in and boneless chicken wings tossed in a variety of proprietary rubs and sauces, such as Original Hot, Lemon Pepper, and Mango Habanero.