• Citigroup upgrades Winnebago Industries, Inc. (NYSE:WGO) to "Buy" with a new price target of $51.
• The company reports a 12.3% increase in revenue for the first quarter of fiscal year 2026, leading to an 8.4% rise in share price.
• Winnebago raises FY2026 revenue guidance to between $2.8 and $3 billion and anticipates adjusted earnings per share to range from $2.10 to $2.80.

Winnebago Industries, Inc. (NYSE:WGO), a leading manufacturer of recreational vehicles (RVs) and motorhomes, is known for its innovative designs and quality products, catering to outdoor enthusiasts. Competing with other RV manufacturers like Thor Industries and Forest River, Winnebago has recently been upgraded to "Buy" by Citigroup, setting a new price target of $51.

Winnebago's recent financial performance has been strong. In the first quarter of fiscal year 2026, the company reported a 12.3% increase in revenue. This growth exceeded expectations and contributed to an 8.4% rise in the company's share price. The stock is currently priced at $43.73, reflecting a $3.40 increase.

The company has raised its revenue guidance for FY2026 to between $2.8 and $3 billion. It also anticipates adjusted earnings per share to range from $2.10 to $2.80. This optimistic outlook is supported by improved industry shipment forecasts, as highlighted by the company's management.

Winnebago's long-term growth strategy is underpinned by ongoing cost reduction efforts, market share gains, and the introduction of new products. These factors contribute to the company's attractive valuation on a forward basis. The stock has fluctuated today between $42.78 and $47.75, with a market capitalization of approximately $1.23 billion.

The trading volume for Winnebago on the NYSE stands at 1,567,916 shares. Over the past year, the stock has reached a high of $51 and a low of $28. This performance, along with Citigroup's upgrade, suggests a positive outlook for the company's future.