Wendy's Company (WEN) Options Positioning, Max Pain & Unusual Sweeps

$7.21 +0.63% NASDAQ β€’ Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $7.20

Wendy's Company (WEN) carries a Roarable Rating of D (Sell) with 49/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D β€’ SELL / AVOID Cap $1.37B
πŸ“€ Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
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πŸ€– Mara Quenwick β€’ AI Quant Lead (Click for Instant Brief) Is WEN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
β–Ό

As of 2026-11-03, Wendy's Company (NASDAQ: WEN) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 49/100 at a spot price of $7.21 (+0.63% 1D, market cap $1.37B). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 6/20, FRED Macro Regime Fit 5/20, and SEC Balance-Sheet Forensics 15/20. Across 1011 tracked Consumer Discretionary issuers, WEN ranks #563 in composite RQD confidence.

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πŸ€– Ellis Vennor β€’ AI Peer & Flow Quant (Click for Instant Brief) How does WEN compare to ARCO and BJRI in the Consumer Discretionary sector?
β–Ό

Within the Consumer Discretionary sector (Restaurants), WEN carries a Roarable D (49/100 RQD), trailing P/E of 8.3x, gross margin of 63.6%, and ROIC of 10.7%. By comparison, ARCO (Arcos Dorados Holdings Inc. (Class A)) holds a D grade (48/100 RQD, P/E 6.9x, ROIC 18.9%, cap $1.42B) and BJRI (BJ's Restaurants Inc.) posts a C- grade (61/100 RQD, P/E 27.6x, ROIC 10.7%, cap $1.33B). Among the 5-stock peer group, ARCO leads on earnings multiple (6.9x) while ARCO leads on capital efficiency (18.9% ROIC).

βœ“ Pre-computed one-to-many AI Quant brief
πŸ€– Gideon Ashmere β€’ AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for WEN?
β–Ό

Per WEN's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-28, CIK 0000030697), Wendy's Company generated $2.18B in revenue (-3.1% YoY), $165.1M in net income, and $344.5M in free cash flow against $4.96B in total assets and $2.73B in total debt. Key quantitative strengths: Company leadership has skin in the game with net positive insider conviction.. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

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INTERACTIVE SCENARIO DECK:
πŸ›‘οΈ Portfolio Crash X-Ray
EXT / AFTER-HRS: $7.20 (-0.08%)🧬 Cannibal Buyback (-2.08% YoY Shares)βš™οΈ Cash Engine: 12/20 (C-) β€’ 15.8% FCF Margin
Verify 90D Bucket Audit β†’
πŸ“Š Historical Track Record Warning: Scores below 50 (49/100 Β· D) historically underperformed SPY in 71% of rolling 90-day windows (-5.4% avg 90D alpha vs SPY β€’ 29.0% hit rate).
Audit Bucket Track Record β†’
RQD QUANT TACHOMETERSELL / AVOID β€’ D
025507510049
JEV AI Jury Split (Battleground)
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) β€” not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw C Β· Rk E
Cash (12)Whales (11)SEC (6)Macro (5)CEO (15)
Each axis scored 0–20
12M PRICE TARGET CONE-4% Base Target
$11 Bull$7 Base$5 Bear
πŸ“¬ FREE WEN RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: β€” (No Active Options Snapshot on file for WEN)Realized 20D OHLCV Swing Band: Β±7.5%
Deterministic 5-Pillar Attribution (49/100 Composite)
πŸ” WHY WEN SCORES 49/100 (D) β€” TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
β–² #1 Bullish Driver: Insider Conviction & Share Dilution+15/20 pts (31% of score)

SEC Form 4 / 13F Thermometer: 75% Net Buy β€’ Cannibal Buyback (-2.08% YoY Shares)

β–² #2 Bullish Driver: Cash Engine Quality+12/20 pts (24% of score)

SEC XBRL FY 2025 (10-K): 15.8% FCF Margin ($344.5M FCF) & 63.6% Gross Margin

β–Ό #1 Drag / Risk Factor: Macro Regime Fit5/20 pts (-15 pt drag)

Macro rate sensitivity & RSI-14 (61.2) create a -15 pt regime headwind

πŸ“ˆ PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 β†’ Q2 β†’ Q3 β†’ Current
Q1 (-3Q)
41
Grade D$6.35+2.7% Next Q
Q2 (-2Q)
44
Grade D$6.52-5.8% Next Q
Q3 (-1Q)
46
Grade D$6.14+17.4% Next Q
Current
49
Grade D$7.21-5.4% Hist 90D Ξ±
Trajectory: D (41) β†’ D (49)Full Audit β†’
βš”οΈ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

βš”οΈ Adversarial Opposing Case: What Could Spark a WEN Turnaround Squeeze

Gideon Ashmere Forensic Desk β†’

While WEN currently carries a cautious 49/100 (D) rating due to Macro Regime Fit (5/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

πŸš€ Contrarian Squeeze Trigger #1

Company leadership has skin in the game with net positive insider conviction.

πŸš€ Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($7.00) and Max Pain ($7.57) forces dealer call-delta covering toward $10.63.

πŸš€ Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Cannibal Buyback (-2.08% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $WENβ€’ $2.4M Crowd Pool β€’ Kalshi / Polymarket Composite
Contract: β€œWEN Beats Next Quarter EPS Consensus (Dec 27, 2026) & Holds Above 200D SMA”
CALL VS. PUT WHALE SHARE
β€” (No Active Options Snapshot)
Put/Call Ratio: β€” (No Active Options Snapshot)
MAX-PAIN EXPIRATION MAGNET
β€” (No Active Options Snapshot)
No active options chain max-pain snapshot on file
HISTORICAL 20D VOLATILITY SWING
Β±7.5%
Derived from 20D OHLCV bars (No Active Options Snapshot)

Active Strike Call vs. Put Concentration Ladder (WEN)

β€” (No Active Options Snapshot) β€” No unusual CBOE strike concentration anomalies recorded in the current database snapshot for WEN.

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Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring WEN)

  • βœ“Walkthrough of WEN's RQD Radar, SEC cash-conversion gap & downside invalidation levels
  • βœ“3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
  • βœ“Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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WEN // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +10.24%β–Ό DESCENDING CHANNEL
2026-11-03O $7.16H $7.21L $7.16C $7.21VOL 8.21M
RES: $8.73SUP: $5.51SMA50: $7.00SMA200: $7.35
$9.70$8.68$7.66$6.64$5.62RES $8.73SUP $5.51$7.212026-05-042026-06-172026-08-042026-09-182026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

WEN Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
-4.8%/yr Implied 5Y Growth

vs. -3.1% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on WEN today. View full Setup Ledger β†’

πŸ¦‹ Documented & Second-Order Butterfly Connections Open Graph β†’

No direct multi-tier Butterfly edges indexed yet for WEN. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for WEN today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk β†’
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT β€’ SEC EDGAR XBRL Γ— RQD PEER BENCHMARK

πŸ“Š Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (WEN)

Consumer Discretionary Rank #563 of 1011 βš”οΈ ARCO vs WEN Full Matrix β†’

1. Head-to-Head Consumer Discretionary Peer Comparison (WEN vs. ARCO, BJRI, SG, CBRL)

Industry: Restaurants (51 Tracked Issuers)

Across 1011 tracked Consumer Discretionary securities in the Roarable RQD universe, Wendy's Company (WEN) ranks #563 by composite RQD confidence (49/100, grade D) and #468 by equity capitalization ($1.37B). Within this direct 5-issuer industry benchmark cohort, ARCO leads on earnings valuation at 6.9x trailing P/E, while ARCO leads on capital efficiency and profitability with 18.9% ROIC and 96.0% gross margin. CBRL currently holds the highest overall quantitative score in the immediate peer group at 70/100 (B-) compared with WEN at 49/100 (D).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
WEN ACTIVE
Wendy's Company
D 49/100 8.3x 63.6% 10.7% +0.63% $1.37B Benchmark Subject
ARCO
Arcos Dorados Holdings Inc. (Class A)
D 48/100 6.9x 96.0% 18.9% -2.46% $1.42B /arco-vs-wen β†’
BJRI
BJ's Restaurants Inc.
C- 61/100 27.6x 74.7% 10.7% -1.18% $1.33B /bjri-vs-wen β†’
SG
Sweetgreen Inc. (Class A)
E 31/100 β€” β€” -35.0% -2.98% $1.32B /sg-vs-wen β†’
CBRL
Cracker Barrel Old Country Store Inc
B- 70/100 34.9x 69.0% 5.4% -3.31% $1.57B /cbrl-vs-wen β†’

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K β€’ FILED 2025-12-28 β€’ CIK 0000030697

In its most recent audited fiscal period (FY2025, filed 2025-12-28), Wendy's Company (WEN) reported GAAP revenue of $2.18B (-3.1% vs. FY2024 revenue of $2.25B , and -0.2% cumulative change since FY2023) , GAAP net income of $165.1M, operating cash flow of $344.5M, and free cash flow of $344.5M (-3.0% YoY). On the balance sheet, WEN closed FY2025 with $4.96B in total assets against $2.73B in total debt (Altman Z-Score: 1.02, Piotroski F-Score: 6/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-12-28 $2.18B $165.1M $344.5M $344.5M $4.96B $2.73B
FY2024 (FY) 2024-12-29 $2.25B $194.4M $355.3M $355.3M $5.03B $2.66B
FY2023 (FY) 2023-12-31 $2.18B $204.4M $345.4M $345.4M β€” β€”

3. WEN Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

βœ“ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is WEN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-03, Wendy's Company (NASDAQ: WEN) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 49/100 at a spot price of $7.21 (+0.63% 1D, market cap $1.37B). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 6/20, FRED Macro Regime Fit 5/20, and SEC Balance-Sheet Forensics 15/20. Across 1011 tracked Consumer Discretionary issuers, WEN ranks #563 in composite RQD confidence.

How does WEN compare to ARCO and BJRI in the Consumer Discretionary sector?

Within the Consumer Discretionary sector (Restaurants), WEN carries a Roarable D (49/100 RQD), trailing P/E of 8.3x, gross margin of 63.6%, and ROIC of 10.7%. By comparison, ARCO (Arcos Dorados Holdings Inc. (Class A)) holds a D grade (48/100 RQD, P/E 6.9x, ROIC 18.9%, cap $1.42B) and BJRI (BJ's Restaurants Inc.) posts a C- grade (61/100 RQD, P/E 27.6x, ROIC 10.7%, cap $1.33B). Among the 5-stock peer group, ARCO leads on earnings multiple (6.9x) while ARCO leads on capital efficiency (18.9% ROIC).

What are the biggest fundamental strengths and SEC risk factors for WEN?

Per WEN's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-28, CIK 0000030697), Wendy's Company generated $2.18B in revenue (-3.1% YoY), $165.1M in net income, and $344.5M in free cash flow against $4.96B in total assets and $2.73B in total debt. Key quantitative strengths: Company leadership has skin in the game with net positive insider conviction.. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is WEN trading relative to its 50-day, 200-day, and 52-week technical levels?

WEN last traded at $7.21 (+0.63% on volume of 8,208,479 shares), positioning the stock +3.00% above its 50-day simple moving average ($7.00) and -1.90% below its 200-day simple moving average ($7.35). Across its 52-week range of $5.94 to $10.12, WEN sits at the 30.4% percentile with a 14-day RSI of 61.2 (BULLISH MOMENTUM) and an implied next-earnings move of Β±7.5% ($6.67 to $7.75).

WEN Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS β€’ SEC EDGAR Γ— CBOE Γ— FRED

What is WEN's options positioning and volatility profile?

Roarable tracks verified CBOE unusual options sweeps, put/call ratios, and OHLCV realized volatility bands for WEN.

ROARABLE RATING BRIEF β€’ RQD 49/100 (D) βœ“ STAGE-C NUMBER FIREWALL VERIFIED

WEN β€” Wendy's Company: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5
As of: 2026-11-02T15:29:26Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, WEN scores 49 out of 100, grade D, labeled "Roarable Sell β€” Underperform / Distribution Warning." The five pillars are:

  • Fundamental Cash Engine: 12 / 20. Per the RQD rating, this pillar reflects ROIC of 10.7% and an FCF yield of 0%. For an investor, a double-digit ROIC is a genuine operating strength, but a 0% FCF yield means the current market value is not being supported by free cash generation on the RQD measure.
  • Whale 13F Flow: 11 / 20. Per the RQD rating, this pillar captures institutional accumulation and options positioning. A mid-range score suggests institutional activity is neither a clear tailwind nor a clear headwind.
  • Insider Conviction: 15 / 20. Per the RQD rating, this pillar reflects SEC Form 4 and Congressional PTR cluster flow. This is the highest-scoring pillar, though the source data does not itemize the underlying transactions.
  • Macro Regime Fit: 5 / 20. Per the RQD rating, beta is 1.0 and sector sensitivity is weighted here. The low score indicates limited alignment with the current regime as the RQD framework measures it.
  • Forensic Balance Sheet: 6 / 20. Per the RQD rating, this pillar reflects Altman Z of 1.02, Piotroski F of 6/9, and Debt/Equity of 8.5. These are the weakest forensic readings in the dossier and are the main drag on the overall grade.

Taken together, the investor implication is that WEN shows a profitable operating model and an apparently low trailing and forward multiple, but the RQD framework weighs the leverage, distress-zone Altman reading, and zero FCF yield heavily. The low multiple is therefore a valuation tradeoff rather than a clear signal of undervaluation under this rating's methodology. Upside drivers would need to come from balance sheet repair or sustained cash generation; the stated RQD verdict points to underperformance risk until those improve.

Snapshot

PriceMarket CapP/E (TTM)Forward P/EEV/EBITDAEPS (TTM)Dividend YieldBeta52-Wk RangeROIC %
7.17$1.37B8.37.711.10.879.49%1.0$5.94 - $10.1210.7%

Business

Wendy's Company (WEN) is a NASDAQ-listed issuer in the Consumer Discretionary sector and Restaurants industry, per the profile. Per the SEC financials, the company reports annual revenue in the $2.2B range across the periods shown. Per the profile, the company's market capitalization is $1.4B. The source data does not describe its product mix, customer segments, or revenue model in further detail.

Financial Trend

PeriodRevenueOperating IncomeNet IncomeEPSFCFCashDebt
FY 2025$2176.9M$343.5M$165.1MN/A$344.5M$300.8M$2730.5M
FY 2024$2246.5M$371.4M$194.4MN/A$355.3M$450.5M$2662.1M
FY 2023$2181.6M$382.0M$204.4MN/A$345.4MN/AN/A

Per the market data, gross margin is 63.6%, operating margin 15.8%, and net margin 7.6%, with ROIC of 10.7%. Per the RQD rating, the Altman Z-Score is 1.02 and the Piotroski F-Score is 6/9. Per the SEC financials, net income declined from $204.4M (FY 2023) to $194.4M (FY 2024) to $165.1M (FY 2025), while debt rose from $2662.1M to $2730.5M over FY 2024 to FY 2025 and cash fell from $450.5M to $300.8M. The Debt/Equity reading of 8.5 per the RQD rating signals a highly leveraged balance sheet.

Recent Catalysts & News Wire Analysis

  • Trian Partners proposal (CATALYST, GREEN): Per the news wire, Wendy's confirmed receipt of an unsolicited proposal from Trian Partners, flagged as a catalyst.
  • Price target cut (RISK WATCH, RED): Per the news wire, a 12-month price target was cut to $7.18, implying 15% upside. The source flags this as a risk watch item.
  • Institutional position changes (CATALYST, GREEN): Per the news wire, a MarketBeat report covers a stock sale by Venture Visionary Partners LLC.
  • Seeking Alpha commentary (MARKET WIRE, YELLOW): Per the news wire, a piece characterizes Trian's offer as "no big deal."
  • Additional Yahoo Finance and TradingView items are market-wire coverage without additional fundamental detail.

Per the Butterfly Supply-Chain Graph, supply_chain is "NONE" and no butterfly links or proprietary signals are recorded.

Open Questions

  • What are the terms and intent of the Trian Partners proposal, and how would they affect valuation and balance sheet leverage?
  • What drove the FY 2025 decline in net income, cash, and FCF, and is the trend expected to continue?
  • How is the $2730.5M debt structured in terms of maturities and interest costs, given the Altman Z of 1.02?
  • Why is the EPS field unavailable for the reported periods, and how does it reconcile with the TTM EPS of 0.87?
  • What insider and institutional transactions underlie the Insider Conviction and Whale 13F pillar scores?

WEN Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Wendy's Company (WEN) β€’ Click "Debate This Headline" to argue it in the Roar Pit below

πŸ’¬ Jump to WEN Debate Forum (3) ↓
🟑 MARKET WIRE Yahoo Finance β€’ 16h ago
META_TITLE_QUOTE

Yahoo Finance report covering Wendy's Company (WEN) market action, institutional positioning, and fundamental catalysts.

Read Full Source β†—
πŸ”₯ THE ROAR PIT β€’ LIVE COMMUNITY DEBATE 3 Active Posts & Replies

WEN Bull vs. Bear Conversation Board β€” What's Your Call at $7.21?

πŸ‚ 50% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON WEN 🐻 50% BEARISH CONVICTION
1. Pick Your Side on WEN:
πŸ’‘ Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
RO RoarDesk_Moderator Roarable Research Desk βš–οΈ DEBATE HOST 🎯 Target: $7.74 (+7.9%)
πŸ“Œ Pinned Debate

πŸ”₯ Official Bull vs. Bear Debate: Is WEN (D β€’ RQD 49/100) a Buy at $7.17?

Welcome to the WEN (Wendy's Company) Roar Pit. Current RQD Composite is 49/100 (Roarable Sell β€” Underperform / Distribution Warning) in Restaurants. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (πŸ‚ Bull or 🐻 Bear) and drop your price target below.

MU MultipleCompression Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $5.52 (-23.0%)
Spot @ $7.17

Pump the brakes on WEN β€” check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on WEN, but look at what you are paying: 8.3x trailing P/E with 63.6% gross margins. Unless Wendy's Company expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

SI SiliconVal_Bull Verified K Arena Trader πŸ‚ BULLISH 🎯 Target: $8.32 (+16.0%)
Spot @ $7.17

WEN cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on WEN, the market is fixating on short-term headline noise in Restaurants and ignoring the balance sheet and cash flow trajectory. At $7.17 (52-wk range $5.94 - $10.12), any beat on forward guidance forces shorts and underweight funds to chase.

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