BofA cuts target for The Wendy's Company stock to USD 7.00

Published on 10/27/2026 at 13:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A Sell rating set the tone on October 26, 2026. The Wendy's Company stock costs EUR 5.57 on October 27, 2026, with a USD 1.2 billion market value.

Analyst pressure and earnings date

Bank of America Securities assigned a USD 7.00 target and Sell rating on October 26, 2026.
Second-quarter revenue reached USD 570.57 million versus USD 560.93 million a year earlier.
The Wendy's Company stock traded at EUR 5.57 at 1:46 p.m. CEST at Lang & Schwarz on October 27, 2026.
Third-quarter results are scheduled for November 5, 2026, before the Nasdaq session.

WEN, US95058W1009, Illustration mit AI erstellt.

The Wendy's Company (ISIN US95058W1009) was trading at EUR 5.57 at Lang & Schwarz on October 27, 2026, at 1:46 p.m. CEST. Bank of America Securities assigned a Sell rating and a USD 7.00 price target on October 26, 2026, after lowering its target from USD 8.00, according to Markets Insider.

Three markers set the timeline

On August 7, 2026, Wendy's reported second-quarter revenue of USD 570.57 million, up from USD 560.93 million a year earlier, while net profit fell to USD 32.62 million from USD 55.11 million, Markets Insider reported. On October 8, 2026, the company announced that third-quarter results would be released before the market opened on November 5, 2026, with a conference call at 8:30 a.m. ET, according to The Wendy's Company. The October 26 target cut is the latest marker.

What does the target imply?

UBS lowered its target from USD 8.00 to USD 6.50 on October 26, 2026, while keeping a Neutral rating, according to Markets Insider. The contrast between the USD 7.00 and USD 6.50 targets shows how tightly expectations are clustered around the turnaround case. The latest reported quarter also points to a mixed operating picture: revenue rose by USD 9.64 million year over year, while net profit declined by USD 22.49 million.

Next date for the turnaround

The next scheduled event is November 5, 2026, when Wendy's will publish third-quarter results before the market opens and host its earnings call at 8:30 a.m. ET. For investors, the central test is whether sales pressure has eased enough to support the company's recovery plan.

Nasdaq context and live quote

The Nasdaq-listed stock was last quoted at USD 6.19 on October 26, 2026, at 4:00 p.m. ET. The Wendy's Company was valued at USD 1.2 billion on that date, while its 52-week range stood at USD 5.94 to USD 10.12.

The Wendy's Company stock was trading at EUR 5.57 at Lang & Schwarz on October 27, 2026, at 1:46 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of The Wendy's Company stock.