Goldman Sachs Reiterates Buy Rating on Wingstop (WING)

Goldman Sachs analyst Christine Cho reiterated a Buy rating and $310.00 price target on Wingstop (NASDAQ: WING)

The analyst comments "We attended a field trip to visit Wingstop's headquarters in Dallas, with multiple management representatives presenting, including CEO Michael Skipworth and CFO Alex Kaleida and Chief US Franchise Operations & Development Officer Marisa Carona. The presentation was primarily focused on showcasing Wingstop's new kitchen operating platform (a.k.a. Wingstop Smart Kitchen), which management views as a game-changer for its restaurant operations as well as for the guest experience. Our View - We believe that WING's long-term growth story remains intact, with the new unit / awareness / sales flywheel generating compounding growth, back-of-house tech improvements (Wingstop Smart Kitchen) improving order times, and the upcoming loyalty program to be launched in FY26. We maintain our Buy rating with a 12m price target of $310.'

For an analyst ratings summary and ratings history on Wingstop click here. For more ratings news on Wingstop click here.

Shares of Wingstop closed at $285.96 yesterday.

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