Investing.com -- Guggenheim upgraded Wingstop Inc (NASDAQ:WING) to "Buy" from "Neutral" and set a price target of $280 on strong unit growth potential despite near-term same-store sales (SSS) softness. Shares of Wingstop were up around 1.4% at $237
The brokerage expects management to provide more disclosure on international expansion, reinforcing confidence in a long-term store count exceeding 12000 units.
While SSS growth has slowed from over 20% six months ago to low single digits, Guggenheim forecasts a bottom in the second quarter of 2025, with reacceleration in the second half of the year.
Wingstop's new technology platform, designed to improve speed of service, and its competitive menu pricing could support future growth.
Despite recent downward revisions to 2026 EBITDA and EPS estimates, Guggenheim sees the stock’s valuation as attractive, with upside potential as unit growth continues.
Related Articles
Guggenheim upgrades Wingstop on growth potential, shares up
TD Cowen raises Mondelez price target, EPS estimate on falling Cocoa cost
Trump anticipates tariffs on Canada and Mexico to proceed as planned
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.