Winnebago (WGO) Stock Forecast & Price Target

Winnebago Industries is experiencing positive momentum, with wholesale shipments up approximately 11%, primarily driven by the affordable Towable segment, signaling cautious optimism within the industry. The company's strategic decisions and the expectation of improved profitability for its Winnebago Motorhome business are anticipated to enhance its bottom line in FY26, despite current mixed retail sales across segments. Furthermore, Winnebago’s valuation is perceived as attractive, settling below the historical midpoint, which, combined with share gains in towables and stabilization in motorized products, supports a robust outlook for the company's future performance.

Winnebago Industries is facing significant challenges, including a decline in retail RV sales in North America, which fell by 8% in April, marking a trend of high single-digit declines over the preceding months. Affordability issues, weak consumer confidence, and macroeconomic pressures such as rising gas prices and potential unemployment increases contribute to a negative outlook on demand, further amplifying expectations for modest pricing and unit sales declines in fiscal 2026. Additionally, the company has quantified its tariff exposure, estimating a potential $0.50–$0.75 EPS headwind in FY26, further compounding the uncertainty surrounding its financial performance.