Winnebago Industries, Inc. (WGO) is set to report first-quarter earnings before the market opens on Friday, Dec. 19, and Wall Street's most accurate analysts have been busy adjusting their forecasts heading into the release.
Analysts are expecting the Eden Prairie, Minnesota-based recreational vehicle maker to post quarterly earnings of 14 cents per share, a notable improvement from the loss of 3 cents per share reported in the same quarter last year. On the revenue front, the consensus estimate sits at $631.57 million, compared to $625.6 million a year earlier.
The company made a leadership change this week, announcing on Dec. 17 that John Murabito would take over as chair of the board, succeeding David Miles.
Winnebago shares slipped 2.6% to close at $40.33 on Thursday.
What the Most Accurate Analysts Are Saying
Recent analyst activity shows a mix of bullish upgrades and cautious adjustments. Here's what the top-rated analysts have been telling their clients:
Truist Securities analyst Patrick Scholes, who maintains a 68% accuracy rate, kept his Buy rating and bumped his price target from $36 to $46 on Nov. 10, 2025. That represents the most optimistic outlook among recent revisions.
BMO Capital analyst Tristan Thomas-Martin, with a 58% accuracy rate, maintained an Outperform rating while raising his price target from $40 to $45 on Oct. 24, 2025.
Citigroup analyst James Hardiman, also sporting a 68% accuracy rate, stuck with his Buy rating and increased his price target from $36 to $41 on Sept. 12, 2025.
Not everyone is quite as enthusiastic. Roth Capital analyst Scott Stember, who has a 57% accuracy rate, maintained a Neutral rating but reduced his price target from $37 to $30 on June 26, 2025.
Baird analyst Craig Kennison, with a 58% accuracy rate, also kept a Neutral rating while trimming his price target from $38 to $35 on June 26, 2025.
The spread in price targets reflects the uncertainty surrounding the RV industry's trajectory as consumer spending patterns continue to evolve. Friday's earnings report should provide some clarity on whether the company is navigating these headwinds successfully.
