Winnebago Industries

WGO · NYSE

$23.17+$0.50 (+2.21%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $22.67

WGO analyst rating

HoldConsensus of 10 analysts over the last 12 months. 30% rate it a buy.

Strong buy0
Buy3
Hold7
Underperform0
Sell0

12-month price target · 13 analysts

Average $36.16 (+56.1% upside)

Low: $29.29
Now: $23.17
High: $48.30

Upgrades and downgrades

The latest rating actions, newest first

WGO analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Citigroup	Oct 13, 2026	Maintains	Neutral	$29.00 → $24.00	44%
Citigroup	Sep 16, 2026	Maintains	Neutral	$30.00 → $29.00	44%
Seaport Global	Jul 27, 2026	Initiates	Neutral	—	50%
Truist Securities	Jul 8, 2026	Maintains	Buy	$43.00 → $35.00	53%
Citigroup	Jun 29, 2026	Maintains	Neutral	$29.00 → $30.00	44%
BMO Capital	Jun 26, 2026	Maintains	Outperform	$48.00 → $38.00	40%
Benchmark	Jun 23, 2026	Maintains	Buy	$48.00 → $40.00	27%
Roth Capital	Jun 23, 2026	Maintains	Neutral	$38.00 → $32.00	49%
DA Davidson	Jun 15, 2026	Maintains	Neutral	$35.00	62%
Citigroup	Jun 5, 2026	Maintains	Neutral	$30.00 → $29.00	44%

The case for and against

Updated Mar 20, 2026

Bull case

Winnebago Industries has demonstrated strong financial performance, achieving revenue of $2.8 billion in fiscal 2025, driven largely by robust demand in the towable segment, which comprised 84% of its RV unit volume. The company is well-positioned for profitability growth in fiscal 2026, with expectations for improved earnings per share (EPS) in each quarter, particularly in the second half of the year, due to strategic decisions and a competitive product lineup. Additionally, Winnebago's continued share gains in both the towables and marine segments, combined with optimistic dealer readiness for future retail sales increases, further solidify a positive outlook for the company.

Bear case

Winnebago Industries is experiencing a challenging market environment characterized by weak retail conditions and imbalances in channel shipments, which are expected to lead to moderating share in the towables segment and increased pressure in the motorized segment. The company's substantial reliance on cyclical demand in the RV and marine industries, combined with risks related to inventory management and raw material costs, raises concerns about its ability to maintain net sales amid potential economic downturns. Furthermore, valuation metrics indicate that Winnebago's stock trades at approximately 18x FY26E EPS, which may be unsustainable given the broader industry outlook and the expectation that fiscal 2025 will represent a low point in earnings.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.