Wingstop (NASDAQ:WING) Given Buy Rating at DA Davidson

Posted by Brian Himes on Oct 29th, 2026

Wingstop (NASDAQ:WING – Get Free Report)‘s stock had its “buy” rating reissued by analysts at DA Davidson in a note issued to investors on Thursday, Benzinga reports. They presently have a $180.00 price objective on the restaurant operator’s stock. DA Davidson‘s target price indicates a potential upside of 27.66% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Wingstop in a research note on Thursday. Mizuho reduced their price target on shares of Wingstop from $240.00 to $200.00 and set an “outperform” rating on the stock in a research report on Friday, October 23rd. TD Cowen reiterated a “hold” rating and issued a $120.00 price objective on shares of Wingstop in a report on Thursday. Benchmark decreased their price objective on Wingstop from $285.00 to $245.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Finally, BTIG Research reissued a “buy” rating and set a $265.00 target price on shares of Wingstop in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $225.07.

View Our Latest Stock Analysis on Wingstop

Wingstop Price Performance

NASDAQ WING traded up $2.43 during trading hours on Thursday, hitting $141.00. 623,683 shares of the company’s stock traded hands, compared to its average volume of 1,202,833. The company has a market capitalization of $3.84 billion, a PE ratio of 33.50, a PEG ratio of 1.44 and a beta of 1.81. Wingstop has a 52-week low of $95.82 and a 52-week high of $302.80. The firm’s 50-day moving average is $113.87 and its 200-day moving average is $165.89.

Wingstop (NASDAQ:WING – Get Free Report) last issued its earnings results on Wednesday, October 28th. The restaurant operator reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.06. Wingstop had a negative return on equity of 16.31% and a net margin of 16.15%. The business had revenue of $185.13 million for the quarter, compared to analysts’ expectations of $192.89 million. During the same period in the previous year, the firm posted $1.09 EPS. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. Equities research analysts predict that Wingstop will post 4.45 earnings per share for the current fiscal year.

Institutional Trading of Wingstop

A number of hedge funds and other institutional investors have recently bought and sold shares of WING. Oregon Public Employees Retirement Fund lifted its holdings in shares of Wingstop by 1.1% during the first quarter. Oregon Public Employees Retirement Fund now owns 5,672 shares of the restaurant operator’s stock worth $879,000 after purchasing an additional 59 shares during the period. State of Michigan Retirement System lifted its position in shares of Wingstop by 1.5% during the 1st quarter. State of Michigan Retirement System now owns 6,672 shares of the restaurant operator’s stock valued at $1,034,000 after acquiring an additional 100 shares during the period. GAMMA Investing LLC grew its holdings in Wingstop by 35.9% in the second quarter. GAMMA Investing LLC now owns 382 shares of the restaurant operator’s stock valued at $66,000 after purchasing an additional 101 shares during the last quarter. Hilton Head Capital Partners LLC increased its holdings in Wingstop by 35.0% during the 3rd quarter. Hilton Head Capital Partners LLC now owns 409 shares of the restaurant operator’s stock valued at $43,000 after acquiring an additional 106 shares in the last quarter. Finally, KBC Group NV lifted its stake in Wingstop by 17.3% in the 1st quarter. KBC Group NV now owns 888 shares of the restaurant operator’s stock valued at $138,000 after buying an additional 131 shares in the last quarter.

Trending Headlines about Wingstop

Here are the key news stories impacting Wingstop this week:

Positive Sentiment: Quarterly profit exceeded expectations. Wingstop reported adjusted earnings of $1.08 per share, above the $1.02 consensus estimate, while revenue increased approximately 5.3% year over year to $185.1 million. The earnings beat helped drive renewed investor interest despite softer sales trends. Wingstop Inc. Reports Fiscal Third Quarter Financial Results
Positive Sentiment: Expansion and customer engagement remain long-term growth drivers. Wingstop opened 76 net new restaurants during the quarter, reaching 3,331 locations, and is targeting 440 to 450 net new restaurants in 2026. Management also cited stronger repeat visits among Club Wingstop members and outlined plans to enter India, where it sees potential for as many as 1,000 restaurants. Wingstop India Expansion
Positive Sentiment: Analysts largely remain constructive. Wells Fargo raised its price target to $170 and maintained an overweight rating. Stephens reiterated overweight with a $200 target, while BTIG reaffirmed buy with a $265 target. Wingstop also declared a $0.33 quarterly dividend and repurchased shares during the quarter. Wells Fargo Wingstop Rating
Neutral Sentiment: Analyst opinion is divided. TD Cowen maintained a hold rating with a $120 price target, contrasting with the substantially higher targets from Stephens and BTIG. This reflects uncertainty over whether Wingstop’s growth initiatives can overcome current U.S. sales weakness.
Negative Sentiment: Domestic same-store sales remain the central concern. U.S. same-store sales fell 5.4% in the third quarter, and management now expects a 6.5% to 7.0% decline for full-year 2026. Revenue also fell short of the $192.9 million consensus estimate, while EPS declined slightly from $1.09 a year earlier. Articles questioning whether the stock is fully priced could limit upside after the earnings-driven rebound. Wingstop Same-Store Sales

Wingstop Company Profile

(Get Free Report)

Wingstop Inc is a franchised restaurant company specializing in cooked-to-order chicken wings and related menu items. Its offerings include classic and boneless wings prepared with a range of flavors, along with chicken sandwiches, tenders, fries, seasoned fries, dips, sides and beverages. The company emphasizes made-to-order food, a digital ordering experience and a menu centered on customizable chicken meals.

Founded in 1994 in Garland, Texas, Wingstop has expanded from a single restaurant into a global brand operated primarily through franchised locations.