Wingstop (WING)
Franchises and operates cooked-to-order chicken-wing restaurants centered on flavor.
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Offers classic and boneless wings, tenders, chicken sandwiches, fries, and dips. Revenue comes chiefly from franchise royalties and fees, alongside a small base of company-owned domestic restaurants.
Built around classic and boneless wings, tenders, chicken sandwiches, seasoned fries, and dips, orders are cooked to order and hand sauced and tossed across a choice of flavors.
Most restaurants are franchised, making royalty and fee income the core model; company-owned restaurants form a small domestic base. The system is concentrated in the United States, with international franchised restaurants extending its footprint.
Execution depends on franchise partners, food supply, and digital ordering and kitchen systems. Michael J. Skipworth is President and Chief Executive Officer.
Reporting is organized as one reportable segment.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 18, 2026 | Raymond James | Reiterate | Rating: —Target: $325 | Target: $185 |
| Aug 3, 2026 | Bernstein | Downgrade | Target: $350 | Target: $155 |
| Jul 30, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $255 | Target: $238 |
| Jul 30, 2026 | D.A. Davidson | Target | Target: $200 | Target: $190 |
| Jul 30, 2026 | BTIG | Target | Target: $305 | Target: $265 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 27, 2026Cash & short-term investments $127.5M · Total debt $1.27B · Total assets $658.0M · Shareholders' equity −$773.0M
- Revenue
- $185.6M
- Operating income
- $54.6M
- Net income
- $31.3M
HistoryDividendAnnual yield
| Institutions | 124.80% | 34.00M shares | |
|---|---|---|---|
| 464 holders · as of Jun 30, 2026 | |||
| Insiders | 0.68% | 184.3K shares | |
| 18 holders · as of Aug 10, 2026 | |||
| Adds to | 125.48% | ||
27.24M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 125.48%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
FMR LLCInstitution | 15.02% | 4.09M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 10.19% | 2.78M | as of Jun 30, 2026 |
Darsana Capital Partners LPInstitution | 5.51% | 1.50M | as of Jun 30, 2026 |
Massachusetts Financial Services Co /MA/Institution | 4.80% | 1.31M | as of Jun 30, 2026 |
T. Rowe Price Investment Management, Inc.Institution | 4.55% | 1.24M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 12, 2026 | Christopher Fallon | officer: Former SVP & CIO | −250 | $125.93 |
| Mar 10, 2026 | Christopher Fallon | officer: SVP, Chief Information Officer | −177 | $220.78 |
| Feb 25, 2026 | Kilandigalu Madati | director | −2,700 | $260.73 |
| Feb 23, 2026 | Wesley S. Mcdonald | director | −566 | $250.00 |
| Nov 25, 2025 | Kilandigalu Madati | director | −269 | $259.97 |
- Restaurant Brands International
Popeyes adds chicken sandwiches and permanent chicken wing flavors
- Yum! Brands
KFC's global chicken QSR network overlaps in core chicken occasions
- Domino's Pizza
Delivery and carryout pizza orders that include chicken wings
- Papa Johns
Pizza delivery and chicken wings for shared off-premise meals
- El Pollo Loco
Fire-grilled chicken, tenders and family meals in Western U.S. markets
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Wingstop | $104.65 | −2.50% | $2.92B | 25.5 | 22.0 | 4.1 | +6.4% |
| Restaurant Brands International | $72.34 | −0.30% | $25.17B | 21.4 | 17.0 | 2.6 | +4.6% |
| Yum! Brands | $140.52 | +0.85% | $38.42B | 17.5 | 20.9 | 4.4 | +12.2% |
| Domino's Pizza | $298.59 | +0.90% | $9.79B | 16.8 | 14.7 | 1.9 | +4.3% |
| Papa Johns | $20.41 | +0.58% | $667.6M | 25.7 | 18.2 | 0.3 | −8.8% |
| El Pollo Loco | $14.45 | +1.37% | $434.0M | 12.2 | 14.0 | 0.9 | +3.0% |
| Median | 17.5 | 17.0 | 1.9 | +4.3% |