Bank of America cuts Wendy's target to USD 7 for Wendy's stock
Published on 10/29/2026 at 13:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst pressure meets results date
- Bank of America assigned a Sell rating on October 26, 2026.
- Adjusted earnings per share reached USD 0.18 in the second quarter of 2026.
- Wendy's is scheduled to report third-quarter results on November 5, 2026.
The Wendy's Company (ISIN US95058W1009) faces a lower analyst valuation after Bank of America cut its price target from USD 8.00 to USD 7.00 on October 26, 2026. Markets Insider reported that analyst Sara Senatore maintained a Sell rating.
Recent results set the test
Wendy's latest reported quarter ended June 28, 2026. Revenue was USD 570.57 million, while adjusted earnings per share reached USD 0.18 against a USD 0.16 consensus estimate, according to MarketBeat.
The operating picture remains demanding. U.S. same-restaurant sales fell 7.00 percent in the second quarter, while traffic declined 12.50 percent, figures cited by Investing.com. The company also withdrew its 2026 guidance during the second-quarter earnings call.
What does the next report need?
The chronology points to three pressure markers: Wendy's reported second-quarter revenue of USD 570.57 million on August 7, 2026; UBS lowered its target on October 26, 2026; and Bank of America assigned its Sell rating on the same date. The sequence puts traffic recovery and franchise investment at the center of the next update.
Results date is November 5
The next scheduled event is third-quarter 2026 reporting before the market opens on November 5, 2026, with the call set for 8:30 a.m. ET, according to Wendy's. Market expectations cited by MarketBeat call for USD 531.43 million in revenue and USD 0.0968 in earnings per share.
Stock quote and investor view
For investors, the November report will show whether the turnaround plan can translate into better traffic and sales. At 1:36 p.m. CEST on October 29, 2026, the stock was trading intraday at EUR 6.35 at Lang & Schwarz.
The further course of trading is shown by the continuously updated real-time quote of Wendy's stock.
Wendy's stock facts
- Company: The Wendy's Company
- ISIN: US95058W1009
- Ticker: WEN
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 29, 2026, 1:36 p.m. CEST): EUR 6.35
- Market capitalization: USD 1.3 billion (as of October 28, 2026)
- 52-week range: USD 5.94-10.12 (as of October 29, 2026)
- Sector / Industry: Consumer Discretionary / Quick-Service Restaurants
Market context: Market report S&P 500.
