Loading...
WING logo

Wingstop Inc.NasdaqGS:WING Stock Report

Market Cap US$3.3b
Share Price
US$118.96
US$292.23
59.3% undervalued intrinsic discount
1Y-61.4%
7D-11.8%
Portfolio Value
View

Wingstop Inc.

NasdaqGS:WING Stock Report

Market Cap: US$3.3b

Wingstop (WING) Stock Overview

Wingstop Inc., together with its subsidiaries, franchises and operates restaurants under the Wingstop brand in United States, Australia, Bahrain, Kuwait, Puerto Rico, Saudi Arabia, and The Netherlands. More details

WING fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health1/6
Dividends2/6

WING Community Fair Values

Create Narrative

See what 39 others think this stock is worth. Follow their fair value or set your own to get alerts.

Wingstop Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Wingstop
Historical stock prices
Current Share PriceUS$118.96
52 Week HighUS$388.14
52 Week LowUS$118.81
Beta1.86
1 Month Change-39.94%
3 Month Change-46.33%
1 Year Change-61.44%
3 Year Change-41.71%
5 Year Change-12.39%
Change since IPO288.89%

Recent News & Updates

Seeking Alpha May 11

I Closed Out My Wingstop Value Portfolio Hedge

Summary I closed my Wingstop short, originally initiated as a hedge against a larger value portfolio. As the value portfolio has been slowly sold off, there's less reason to be hedged. WING’s EV/EBIT (FWD) and P/S (FWD) multiples have dropped to about a third of their prior highs, reducing the hedge’s appeal. My hedging approach was suboptimal; diversifying across more short positions would have provided better portfolio protection and risk-adjusted returns. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha May 11

I Closed Out My Wingstop Value Portfolio Hedge

Summary I closed my Wingstop short, originally initiated as a hedge against a larger value portfolio. As the value portfolio has been slowly sold off, there's less reason to be hedged. WING’s EV/EBIT (FWD) and P/S (FWD) multiples have dropped to about a third of their prior highs, reducing the hedge’s appeal. My hedging approach was suboptimal; diversifying across more short positions would have provided better portfolio protection and risk-adjusted returns. Read the full article on Seeking Alpha
Narrative Update Apr 27

WING: Digital Initiatives And Unit Expansion Will Support Longer Term Upside

Wingstop's fair value estimate edges down from $400.00 to about $386.52 as analysts recalibrate price targets in light of softer revenue growth expectations, partially offset by firmer profit margin assumptions and slightly higher future P/E multiples. Analyst Commentary Recent Street research on Wingstop shows a split tape, with many firms trimming price targets while a separate group of bullish analysts continues to highlight longer term growth drivers, brand strength, and execution on technology and development.
Narrative Update Apr 13

WING: Digital Initiatives And Franchise Expansion Will Support Long Term Upside

Wingstop's updated analyst price target has been reduced by about $26 to reflect slightly lower fair value, revenue growth, profit margin, and future P/E assumptions, as analysts balance a series of recent target cuts with ongoing optimism around unit growth, digital initiatives, and potential sales recovery. Analyst Commentary Recent research on Wingstop reflects a split view, with several firms cutting price targets while others initiate or reiterate positive views tied to store expansion, digital investments, and margin structure.
Narrative Update Mar 30

WING: Self Help Initiatives And Franchise Expansion Will Support Long Term Upside

Wingstop's fair value estimate has edged lower by about $1 to $318.31 as analysts factor in slightly calmer revenue growth, a modestly higher discount rate, and a small uptick in expected profit margins and future P/E multiples following a mix of price target resets and fresh bullish initiations on the stock. Analyst Commentary Recent research updates on Wingstop reflect a split view, with several firms lifting price targets and launching positive coverage, while others trim targets or ratings as they reassess expectations for sales trends and sector conditions.
Narrative Update Mar 16

WING: Digital Expansion And Unit Growth Will Support Returns Despite Price War Risk

Analysts have made a modest upward adjustment to the Wingstop fair value estimate from about $234.26 to $237.28, reflecting updated price targets that emphasize unit growth, digital investments, and mixed views on near term same store sales and margin risks. Analyst Commentary Recent Street research around Wingstop reflects a mix of enthusiasm for long term unit growth and digital initiatives alongside more cautious views on near term execution risks, margins, and valuation.
Narrative Update Mar 02

WING: Restaurant Price War Risk Will Restrain 2026 Return Potential

Our updated analyst price target for Wingstop has been reduced by about $10 to $234, reflecting slightly softer revenue growth expectations and a lower assumed future P/E multiple. This is partly offset by modestly better margin assumptions in the wake of mixed but generally constructive Street commentary around Q4 results and 2026 guidance.
Narrative Update Feb 16

WING: Expect Mixed 2026 Industry Pressures To Cap Future Return Upside

Our updated Wingstop view reflects a modest lift in fair value to $244. Analysts are weighing mixed rating changes and price target moves against slightly adjusted assumptions for the discount rate, revenue growth, profit margins, and future P/E expectations.
Narrative Update Feb 02

WING: I Expect Softer Same Store Sales Will Pressure Future Returns

Analysts have trimmed their fair value estimate for Wingstop to about $241 from roughly $291, reflecting slightly softer assumptions for revenue growth, profit margins, and future P/E multiples, even as research houses remain broadly constructive on the long term story following recent target tweaks across the restaurant group. Analyst Commentary Recent research has become more mixed, with several firms trimming price targets and one upgrading the stock after the pullback.
Narrative Update Jan 19

WING: Unit Expansion And Franchise Returns Will Offset Sector Headwinds

Analysts have adjusted their price targets on Wingstop in a wide range, with moves such as a cut to $290 and a lift to $335. Our updated narrative reflects this mixed view by holding fair value at $400 while modestly revising assumptions for discount rate, revenue growth, profit margin and future P/E.
Narrative Update Jan 05

WING: 70% Franchisee Returns Will Drive Expansion Despite Same Store Sales Headwinds

Analysts have nudged their fair value estimate for Wingstop slightly higher to about $319 per share from roughly $318, as they balance softer near term same store sales and sector headwinds against resilient unit growth, strong franchisee returns, and a still premium but defensible long term earnings multiple. Analyst Commentary Recent Street research reflects a recalibration in expectations for Wingstop, with nearly all firms trimming price targets but largely maintaining positive ratings.
Narrative Update Dec 16

WING: Unit Expansion And Franchise Returns Will Drive Long-Term Upside

Analysts have trimmed their fair value estimate for Wingstop to $400 from $477, citing slower same store sales trends, a modestly lower long term growth outlook, and sector wide multiple compression, even as they continue to highlight the brand's solid unit economics and long runway for expansion. Analyst Commentary Bullish analysts acknowledge near term pressure on same store sales and sector wide valuations, but largely frame recent price target cuts as recalibrations within a still constructive long term story.
Analysis Article Dec 03

Wingstop Inc.'s (NASDAQ:WING) 28% Share Price Surge Not Quite Adding Up

Wingstop Inc. ( NASDAQ:WING ) shareholders are no doubt pleased to see that the share price has bounced 28% in the last...
Narrative Update Dec 02

WING: Expansion Momentum And 70% Franchisee Returns Will Support Future Upside

The analyst price target for Wingstop saw a modest adjustment upward to $318.08, as analysts cite mixed quarter results but highlight ongoing unit growth and resilient profitability drivers despite broader industry headwinds. Analyst Commentary Analyst opinions on Wingstop remain divided following recent quarterly results, with several noting revised price targets and moderating estimates in response to mixed signals from the company and broader industry trends.
Narrative Update Nov 18

WING: Franchise Pipeline Expansion And Strong Cash Returns Will Drive Long-Term Upside

Wingstop's analyst price target has been reduced from $345.84 to $318.04, as analysts cite softer near-term sales and sector pressures. Despite these challenges, the company maintains steady profitability and ongoing long-term growth prospects.
Analysis Article Nov 14

Impressive Earnings May Not Tell The Whole Story For Wingstop (NASDAQ:WING)

Unsurprisingly, Wingstop Inc.'s ( NASDAQ:WING ) stock price was strong on the back of its healthy earnings report. We...
Analysis Article Nov 07

Results: Wingstop Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

It's been a pretty great week for Wingstop Inc. ( NASDAQ:WING ) shareholders, with its shares surging 13% to US$245 in...
Narrative Update Nov 03

WING: Franchise Expansion And Digital Efforts Will Drive Long-Term Upside Potential

Wingstop's analyst price target has been revised downward from $361.75 to $345.84. Analysts cite softer industry trends, moderating growth projections, and macroeconomic headwinds affecting restaurant stocks, despite the company's resilient fundamentals.
Narrative Update Oct 20

Digital Platform Rollout And International Expansion Will Drive Efficiency

Analysts have lowered their fair value price target for Wingstop by approximately $20 to $361.75, citing ongoing consumer headwinds, sector-wide softness in limited-service restaurants, and a more cautious near-term outlook. However, they maintain longer-term confidence in growth drivers and profitability.
Narrative Update Oct 05

Digital Platform Rollout And International Expansion Will Drive Efficiency

Wingstop's analyst price target has been revised downward by approximately $16.72 to $381.83. Analysts cited near-term industry headwinds and moderated sales growth expectations while maintaining confidence in the company's longer-term strategic drivers.
Analysis Article Sep 27

Wingstop Inc.'s (NASDAQ:WING) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

Wingstop Inc. ( NASDAQ:WING ) shareholders that were waiting for something to happen have been dealt a blow with a 27...
Analysis Article Jul 16

Should You Be Adding Wingstop (NASDAQ:WING) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jun 10

Wingstop (NASDAQ:WING) Is Aiming To Keep Up Its Impressive Returns

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article May 23

Wingstop Inc.'s (NASDAQ:WING) Shares Climb 53% But Its Business Is Yet to Catch Up

Wingstop Inc. ( NASDAQ:WING ) shares have had a really impressive month, gaining 53% after a shaky period beforehand...
Analysis Article May 13

Wingstop (NASDAQ:WING) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Unsurprisingly, Wingstop Inc.'s ( NASDAQ:WING ) stock price was strong on the back of its healthy earnings report. We...
Analysis Article May 02

Wingstop Inc. Just Recorded A 274% EPS Beat: Here's What Analysts Are Forecasting Next

Shareholders of Wingstop Inc. ( NASDAQ:WING ) will be pleased this week, given that the stock price is up 19% to US$260...
Seeking Alpha Apr 29

Wingstop: High Valuation Clips Its Wings, But Stock Could Eventually Climb

Summary Quick service restaurants may offer a safe haven during economic turbulence, but Wingstop's high valuation makes it a sell despite strong market position. Wingstop's high profit margin and manageable debt provide breathing room, but its current P/E ratio is too high to justify a buy. Fast-casual restaurants like Chipotle and Portillo's face stronger headwinds, with thinner margins and slower revenue growth compared to Wingstop. WING's valuation needs to align with peers for a buy rating; current high valuation and required growth rates make it a sell for now. Read the full article on Seeking Alpha
Analysis Article Apr 16

We Ran A Stock Scan For Earnings Growth And Wingstop (NASDAQ:WING) Passed With Ease

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Mar 11

Wingstop Inc. (NASDAQ:WING) Shares Could Be 30% Above Their Intrinsic Value Estimate

Key Insights Wingstop's estimated fair value is US$165 based on 2 Stage Free Cash Flow to Equity Wingstop's US$214...
Analysis Article Feb 22

Earnings Release: Here's Why Analysts Cut Their Wingstop Inc. (NASDAQ:WING) Price Target To US$328

Shareholders in Wingstop Inc. ( NASDAQ:WING ) had a terrible week, as shares crashed 23% to US$234 in the week since...
Seeking Alpha Feb 21

Wingstop: With Sharp Deceleration In Same-Store Sales, A Correction Is Beginning

Summary Shares of Wingstop slid ~15% after reporting a rare Q4 earnings miss. Same-store sales growth decelerated sharply to 10% y/y (from 21% in the previous quarter), and is expected to decline to the low/mid-single digits in FY25. Macro conditions and price increases risk alienating customers, while secular trends towards healthier eating challenge Wingstop's market position. Wingstop's ~60x forward P/E looks at heavy risk. Its primary distinguisher versus peers was its rapid same-store sales growth. With this distinction gone, its premium will vanish. Read the full article on Seeking Alpha
Seeking Alpha Feb 13

Wingstop Q4 Preview: Looming Weaknesses Outweigh Growth Potential (Downgrade)

Summary Wingstop Inc.'s Q4 performance should show rapid revenue growth as the company's franchise continues to grow. Negatively, industry-wide sales suggest a slowdown in December, and lower consumer confidence in early 2025 could lead to a weaker outlook ahead. Rising food costs add to Wingstop's negative catalysts. With concerns over Wingstop's performance, especially with margins, I believe that WING stock provides a weak risk-to-reward. I estimate -17% downside to a fair value of $251.9. Read the full article on Seeking Alpha
Analysis Article Jan 30

Why We're Not Concerned About Wingstop Inc.'s (NASDAQ:WING) Share Price

When close to half the companies in the Hospitality industry in the United States have price-to-sales ratios (or "P/S...
Analysis Article Jan 09

Returns on Capital Paint A Bright Future For Wingstop (NASDAQ:WING)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...

Shareholder Returns

WINGUS HospitalityUS Market
7D-11.8%-5.4%0.5%
1Y-61.4%-8.6%25.4%

Return vs Industry: WING underperformed the US Hospitality industry which returned -8.6% over the past year.

Return vs Market: WING underperformed the US Market which returned 25.4% over the past year.

Price Volatility

Is WING's price volatile compared to industry and market?
WING volatility
WING Average Weekly Movement10.1%
Hospitality Industry Average Movement7.9%
Market Average Movement7.2%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market3.2%

Stable Share Price: WING has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: WING's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994856Michael Skipworthir.wingstop.com

Wingstop Inc., together with its subsidiaries, franchises and operates restaurants under the Wingstop brand in United States, Australia, Bahrain, Kuwait, Puerto Rico, Saudi Arabia, and The Netherlands. Its restaurants provides classic wings, boneless wings, tenders, and hand-sauced-and-tossed in various flavors, as well as chicken sandwiches, fries, and hand-cut carrots and celery that are cooked-to-order. The company was founded in 1994 and is headquartered in Dallas, Texas.

Wingstop Inc. Fundamentals Summary

How do Wingstop's earnings and revenue compare to its market cap?
WING fundamental statistics
Market capUS$3.28b
Earnings (TTM)US$111.89m
Revenue (TTM)US$709.48m
29.0x
P/E Ratio
4.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WING income statement (TTM)
RevenueUS$709.48m
Cost of RevenueUS$361.00m
Gross ProfitUS$348.48m
Other ExpensesUS$236.60m
EarningsUS$111.89m

Last Reported Earnings

Mar 28, 2026

Next Earnings Date

n/a

Earnings per share (EPS)4.11
Gross Margin49.12%
Net Profit Margin15.77%
Debt/Equity Ratio-151.4%

How did WING perform over the long term?

See historical performance and comparison

Dividends

1.0%
Current Dividend Yield
29%
Payout Ratio

Does WING pay a reliable dividends?

See WING dividend history and benchmarks
When do you need to buy WING by to receive an upcoming dividend?
Wingstop dividend dates
Ex Dividend DateMay 15 2026
Dividend Pay DateJun 05 2026
Days until Ex dividend0 days
Days until Dividend pay date21 days

Does WING pay a reliable dividends?

See WING dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/14 21:37
End of Day Share Price 2026/05/14 00:00
Earnings2026/03/28
Annual Earnings2025/12/27

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Wingstop Inc. is covered by 44 analysts. 30 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David TarantinoBaird
Jeffrey BernsteinBarclays
Jeffrey BernsteinBarclays