Winnebago Industries, Inc. (WGO) Stock Price & Analysis
Winnebago Industries, Inc. (WGO) closed at USD 28.57 on Thursday, October 22, 2026, up 11.43% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 25.64; the Oct 22, 2026 session ranged USD 25.25–28.73 on volume of 1,806,891 shares. Market capitalization is $807.64M, with a 52-week range of USD 21.95–50.16 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:16 UTC.
Also available as compact Markdown for AI agents: nexqual.com/WGO.md
Key facts (WGO)
- Last four reported quarters (through Aug 29, 2026): revenue $2.70B, net income $34.5M (1.3% margin), free cash flow $145M (SEC filings).
- Valuation: P/E 23.4x (avg 66.6x at the last 3 fiscal year-ends), EV/EBITDA 8.5x, net debt $262M.
- 1 of 80 tracked superinvestors hold WGO (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Hold (mean 2.64 on a 1–5 scale) (14 analysts), mean target USD 35.27 (range 24–63).
- Total return with dividends: 1Y -24.3% vs S&P 500 +14.9%; 5Y -51.5% vs S&P 500 +80.3%.
- Next earnings: 2026-12-18, EPS estimate USD 0.32, revenue estimate $647M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (WGO)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $4.96B | $3.49B | $2.97B | $2.80B | $2.70B | $2.70B |
| Gross profit | $929M | $586M | $434M | $365M | $350M | — |
| Operating income | $584M | $301M | $100M | $57.2M | $66.2M | $66.2M |
| Net income | $391M | $216M | $13.0M | $25.7M | $34.5M | $34.5M |
| EPS (diluted) | $11.84 | $6.23 | $0.44 | $0.91 | $1.21 | — |
| Free cash flow | $313M | $211M | $98.9M | $89.5M | $145M | $145M |
| Gross margin | 18.7% | 16.8% | 14.6% | 13.0% | 13.0% | — |
| Operating margin | 11.8% | 8.6% | 3.4% | 2.0% | 2.4% | 2.4% |
| Net margin | 7.9% | 6.2% | 0.4% | 0.9% | 1.3% | 1.3% |
| Revenue growth | +36.6% | -29.6% | -14.8% | -5.9% | -3.4% | — |
| Cash + short-term investments | $282M | $310M | $331M | $174M | $181M | — |
| Total debt | $546M | $592M | $696M | $541M | $443M | — |
Fiscal years end Aug. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Aug 29, 2026) (WGO)
P/E 23.4x · P/S 0.3x · EV/EBITDA 8.5x · EV/Sales 0.4x · P/FCF 5.6x · P/B 0.7x · FCF yield 17.90% · Earnings yield 4.27% · Dividend yield (paid, TTM) 4.94% · Buyback yield (TTM) 0.21% · Net debt $262M · EV $1.07B
P/E at fiscal year-ends: Aug 2026 24.8x, Aug 2025 39.6x, Aug 2024 135.4x.
Superinvestors (SEC 13F-HR, Q2 2026) (WGO)
1 of 80 tracked investors hold WGO. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Richard Pzena | Pzena Investment Management | 0.16% | $53.4M | Added +72.1% |
Analysts (WGO)
Consensus Hold (mean 2.64 on a 1–5 scale), 14 analysts; mean target USD 35.27 (low 24, high 63).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-22 | Citigroup | Target raised | Neutral | $24 → $28 |
| 2026-10-22 | BMO Capital | Target lowered | Outperform | $38 → $33 |
| 2026-10-22 | StoneX | Target lowered | Buy | $40 → $36 |
| 2026-10-13 | Citigroup | Target lowered | Neutral | $29 → $24 |
| 2026-09-16 | Citigroup | Target lowered | Neutral | $30 → $29 |
| 2026-07-27 | Seaport Global | Initiated | Neutral | |
| 2026-07-08 | Truist Securities | Target lowered | Buy | $43 → $35 |
| 2026-06-29 | Citigroup | Target raised | Neutral | $29 → $30 |
| 2026-06-26 | BMO Capital | Target lowered | Outperform | $48 → $38 |
Total return (dividends reinvested) (WGO)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -24.3% | -51.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -24.4% | -13.4% |
| Volatility (annualized) | 45.2% | 43.0% |
| Max drawdown | -52.9% (Feb 2026→Oct 2026) | -65.5% (Jan 2022→Oct 2026) |
WGO revenue by business segment (quarter ended Aug 29, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Motorhome RV | $323.6M | 50.2% | -10.4% |
| Towable RV | $220.3M | 34.1% | -28.1% |
| Marine | $92.3M | 14.3% | -2.7% |
| Total revenue | $645.1M | 100% | — |
WGO revenue by product line (quarter ended Aug 29, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Class C and Other | $164.4M | 25.5% | -1.1% |
| Travel Trailer | $120.1M | 18.6% | -22.6% |
| Class A | $93.3M | 14.5% | -31.1% |
| Fifth Wheel | $90.3M | 14.0% | -36.0% |
| Class B | $65.9M | 10.2% | +10.8% |
| Other | $9.9M | 1.5% | -1.0% |
| Total revenue | $645.1M | 100% | — |
WGO revenue by region (fiscal year ended Aug 29, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $2.54B | 93.9% | -3.0% |
| International | $163.9M | 6.1% | -8.2% |
| Total revenue | $2.70B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
WGO suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Stellantis (STLA) | “In the case of motorhome RV chassis, Mercedes-Benz (USA and Canada), Stellantis N.V., Freightliner Trucks, Ford Motor Company, and Spartan RV Chassis are our major suppliers.” |
| Supplier | Ford (F) | “In the case of motorhome RV chassis, Mercedes-Benz (USA and Canada), Stellantis N.V., Freightliner Trucks, Ford Motor Company, and Spartan RV Chassis are our major suppliers.” |
Quoted from the company's 10-K filed Oct 21, 2026.
WGO customer concentration
In the period ended Mar 1, 2025, a single direct customer accounted for 10.8% of revenue, per the company's 10-Q filed Mar 25, 2026. The company does not name it.
WGO company outlook (results filed Oct 21, 2026)
- “Financial Guidance -- EDEN PRAIRIE, MINN., October 21, 2026 -- Winnebago Industries, Inc.”
Quoted word-for-word from the SEC 8-K results press release.
WGO analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Nov 2026) | $0.32 | $0.40 | -19.2% | $647.4M | 11 |
| Next quarter (ends Feb 2027) | $0.29 | $0.43 | -31.4% | $642.6M | 11 |
| Current fiscal year (ends Aug 2027) | $1.97 | $2.40 | -17.8% | $2.71B | 13 |
| Next fiscal year (ends Aug 2028) | $2.54 | $4.44 | -42.8% | $2.86B | 11 |
WGO options: expected move
Options price a move of about ±16.8% (±$4.72) by Dec 18, 2026, which includes earnings on Dec 18, 2026; the earnings reaction alone is priced at about ±9.3%. Over the last 8 reports the stock moved ±11.1% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 44.1% | ±10.3% |
| Dec 18, 2026 | 56 | 52.9% | ±16.8% |
| Jan 15, 2027 | 84 | 49.8% | ±19.5% |
| Apr 16, 2027 | 175 | 49.0% | ±26.9% |
30-day implied volatility 43.9% vs 60.8% realized over the last 30 trading days. Put/call ratio (volume) 0.64. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:16 UTC)
| Price | USD 28.57 |
|---|---|
| Change | ▲ 11.43% (up) |
| Previous Close | USD 25.64 |
| Open | USD 25.22 |
| Day Range | USD 25.25 – 28.73 |
| 52-Week Range | USD 21.95 – 50.16 |
| Volume | 1,806,891 shares |
| Market Cap | $807.64M |
| Exchange | NYQ |
Technical Analysis (WGO)
Nexqual's technical model rates WGO "NEUTRAL" based on 4 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 09:16 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 60.29 (neutral) |
| vs SMA50 | Above (USD 27.83) |
| MACD | -0.72 (negative) |
Analyst Ratings (WGO)
Wall Street analysts rate WGO "Hold" based on 14 analysts, with a mean price target of USD 35.27 (range USD 24–63), per Nexqual as of October 23, 2026 at 09:16 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 14 |
| Mean Target | USD 35.27 |
| High Target | USD 63 |
| Low Target | USD 24 |
| Buy / Hold / Sell | 5 / 9 / 0 |
Earnings (WGO)
| Next Earnings Date | 2026-12-18 |
|---|---|
| EPS Estimate | USD 0.32 |
| Revenue Estimate | $647.44M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-08-31 | USD 0.49 vs est 0.47 ▲ beat |
| 2026-05-31 | USD 0.66 vs est 0.77 ▼ miss |
| 2026-02-28 | USD 0.27 vs est 0.24 ▲ beat |
| 2025-11-30 | USD 0.38 vs est 0.14 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
Financials & Fundamentals (WGO)
| Total Revenue | $2.70B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -17.00% |
| Gross Margin | +12.95% |
| Operating Margin | +2.73% |
| Profit Margin | +1.28% |
| ROE | +2.80% |
| Debt / Equity | 0.39 |
| Current Ratio | 2.17 |
| Total Cash | $181.40M |
| Total Debt | $479.60M |
| Free Cash Flow (last four quarters to Aug 2026, SEC 10-Q / 10-K) | $144.60M (5.3% of revenue) |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
Financial Health Score (WGO)
Nexqual rates Winnebago Industries, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:16 UTC.
| Growth | Weak — Revenue -3% YoY (annual), declining |
|---|---|
| Profitability | Weak — Gross margin 13%, operating 3% (last 12 months) |
| Balance Sheet | Strong — $181M cash and investments vs $443M debt (Aug 2026, SEC) |
| Cash Flow | Solid — FCF $145M (last 4 quarters to Aug 2026, SEC), 5% margin |
| Efficiency | Weak — ROE 3%, ROA 1.9% |
Ownership (WGO)
| Insider Ownership | +4.07% |
|---|---|
| Institutional Ownership | +107.42% |
| Shares Outstanding | 28.27M |
| Float | 25.60M |
| Short % of Float | +11.55% |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
Leadership (WGO)
Winnebago Industries, Inc. is led by Michael J. Happe, CEO, President & Director, per Nexqual as of October 23, 2026 at 09:16 UTC.
| CEO, President & Director | Michael J. Happe |
|---|---|
| SVP of Investor Relations, Finance, Information Technology and Business Development & CFO | Bryan L. Hughes |
| SVP of Corporate Responsibility, Chief Legal Officer, Corporate Secretary & President of WIF | Stacy L. Bogart |
| Group President of Towable RV Segment & President of Grand Design RV | Donald Jeff Clark |
| Senior VP & Chief Marketing and Experience Officer | Amber Holm |
Major Backers & Investors (WGO)
Notable institutional backers of Winnebago Industries, Inc. include Pzena Investment Management LLC, Maple Rock Capital Partners, Inc., Cooke & Bieler LP, according to Nexqual as of October 23, 2026 at 09:16 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Pzena Investment Management LLC | 6.05% |
| Maple Rock Capital Partners, Inc. | 5.52% |
| Cooke & Bieler LP | 3.67% |
| Capital Group | 3.09% |
| SmallCap World Fund Inc | 3.01% |
| Charles Schwab Investment Management, Inc. | 2.58% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 17.23% |
| Vanguard Group | 4.23% |
| State Street | 3.93% |
| Dimensional Fund Advisors | 3.73% |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
From Winnebago Industries, Inc.'s Latest SEC 10-K Filing (filed 2026-10-21)
Key Strengths & Strategy (as disclosed to the SEC)
- Our motorhome RV business utilizes vertically integrated supply streams, with the principal exceptions being chassis, engines, generators, and appliances that we purchase from multiple suppliers.
- Our approach emphasizes the hierarchy of controls, prevention of serious injuries and fatalities, proactive identification of hazards, and leadership encouragement to continually learn and improve.
Partnerships
- As is customary in the industries we serve, we typically enter into a repurchase agreement with a lending institution financing a dealer's purchase of our product upon the lending institution's request and after completion of a credit check of the dealer involved.
Legal & Regulatory Risks (Item 1A, quoted)
- We rely extensively on information technology systems, and failures, disruptions, or implementation difficulties could adversely affect our business and results of operations.
- We are subject to evolving privacy and data protection laws and regulations, and failure to comply could result in regulatory penalties, litigation, or reputational harm.
- Our continued success is dependent on positive perceptions of our brands which, if impaired, could adversely affect our results of operations or financial condition. In addition, if the frequency and size of product liability and other claims against us increase, our reputation and business may be harmed.
- Failure to comply with the New York Stock Exchange and SEC laws or regulations could also have an adverse impact on our business.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| MCFT | MasterCraft Boat Holdings, Inc. | USD 20.29 | ▲ 4.59% |
| MBUU | Malibu Boats, Inc. | USD 22.66 | ▲ 3.75% |
| LVWR | LiveWire Group, Inc. | USD 1.66 | ▲ 1.22% |
| LCII | LCI Industries | USD 86.6 | ▲ 4.15% |
| PATK | Patrick Industries, Inc. | USD 70.27 | ▲ 4.41% |
| HOG | Harley-Davidson, Inc. | USD 29.11 | ▲ 6.47% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:16 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt