WING Stock Recent News

Restaurant chain Wingstop (WING -3.25%) is cheaper than it has been, but it is not a cheap stock. With the Nasdaq Composite (where Wingstop's shares trade) in correction territory, is it now time to buy this still fast-growing restaurant chain?

Wingstop's (WING 2.81%) name is absolutely accurate. It's a place where you can stop to buy chicken wings.

Fans nationwide can also score a free ranch at Wingstop restaurants on National Ranch Day DALLAS , March 10, 2025 /PRNewswire/ -- Wingstop's (NASDAQ: WING) iconic ranch isn't just a dip — it is a fan obsession and one of the flavor brand's most-talked-about menu items. For years, guests have begged for it to be bottled, and now – in honor of National Ranch Day – Wingstop is making history.

As Wingstop (WING 0.47%) nears the 10th anniversary of its June 2015 IPO, longtime shareholders of the restaurant chain have plenty to celebrate, as the stock has returned a fantastic 972%. On the other hand, the stock's prolific flight has faced some turbulence, with shares down about 46% from their 52-week high.

Shares of restaurant company Wingstop (WING 0.47%) dropped 21.2% in February, according to data provided by S&P Global Market Intelligence. On Feb. 19, the company reported its financial results for the fourth quarter of 2024, capping off its 21st consecutive year of same-store sales growth, which is a spectacular achievement.

It's been a rocky run for the market in recent days, but some stocks are trading well below their recent highs. Shares of Wingstop (WING -0.68%) and Duolingo (DUOL -2.48%) are trading 47% and 33% lower, respectively, since their earlier high-water marks.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

DALLAS , Feb. 24, 2025 /PRNewswire/ -- Wingstop (NASDAQ: WING) is changing the flavor game with new, crispier chicken tenders, now available nationwide. Tender fans can say goodbye to bland, basic chicken tenders and get their hands on Wingstop's crispy tenders, hand sauced-and-tossed in one of Wingstop's 12 bold flavors, paired with the brand's iconic ranch dip for the ultimate flavor experience.

Growth stocks can help to supercharge your investment portfolio and boost your retirement fund. The key, however, is to carefully select the right stocks to own for the long term.

I am upgrading Wingstop stock to a "buy" with a $396 price target, representing a 70% upside potential after the stock has retracted from its highs from revenue deceleration. Despite tougher comps, the management is confident in achieving $3M AUV and expanding to 10,000 locations globally as it invests in digital transformation, brand awareness, and menu innovation. Meanwhile, the company has seen its digital sales grow to 70% of system-wide sales, as they drive personalized offers to drive higher volume and purchase frequency.