Winnebago (WGO) Stock Forecast & Price Target

Winnebago Industries reported fiscal 2025 revenues of $2.8 billion and saw significant growth in its towables segment, which accounted for 84% of the RV unit volume, a substantial increase from 31% in fiscal 2016. The company demonstrated strong performance in the fourth quarter, achieving earnings per share (EPS) that exceeded estimates, and management anticipates further profitability improvements in fiscal 2026 driven by strategic decisions and a competitive product lineup. Additionally, the firm is well-positioned to capture market share in both its core RV segments and the marine industry, contributing to a positive long-term demand outlook.

Winnebago Industries is experiencing a challenging macroeconomic environment that negatively impacts consumer confidence, leading to a cautious outlook with a projected valuation around 18 times FY26 estimated earnings per share (EPS). The company's heavy reliance on the towables segment, which is facing potential share moderation, alongside downward pressure in the marine sector, particularly affecting its Barletta brand, further exacerbates concerns over weakening sales and inventory management risks. Additionally, seasonality shifts and raw material cost fluctuations could hinder Winnebago's operational efficiencies and profitability, contributing to a perception of limited near-term upside in its stock performance.