Nick Setyan

Managing Director, Equity Research


Nick is an Equity Research Analyst covering restaurant stocks. He has been with Wedbush for more than a decade, researching restaurants and financial technology, with the past six as an analyst in the Restaurant and Casual Dining space. Having established a great track record with investors, it’s his priority to engage in consistent conversations about the investor community with topical and differentiated analysis. Nick is great at connecting the dots to a restaurant’s marketplace value in the face of good and bad times.

Nick received his B.A. in Economics and Government from Cornell University. He also studied Philosophy, Politics, and Economics at Oxford University.


Nick’s Edge: Consists of extensive channel checks for covered companies on a quarterly basis. He adds value through regular SSS growth surveys, in-depth original fundamental analysis, and detailed models, giving him a differentiated understanding of important trends.


  • BJ’s Restaurants (BJRI)
  • Brinker International, Inc. (EAT)
  • The Cheesecake Factory Inc. (CAKE)
  • CAVA Group Inc. (CAVA)
  • Chipotle Mexican Grill Inc. (CMG)
  • Chuy’s Holdings Inc. (CHUY)
  • Darden Restaurants Inc. (DRI)
  • Del Taco Restaurants Inc. (TACO)
  • Denny’s Corp. (DENN)
  • Dine Brands Global, Inc. (DIN)
  • Domino’s Pizza, Inc. (DZP)
  • Dutch Bros Inc. (BROS)
  • Jack in the Box Inc. (JACK)
  • McDonald’s Corp. (MCD)
  • One Group Hospitality Inc (STKS)
  • Papa John’s International, Inc. (PZZA)
  • Shake Shack Inc. (SHAK)
  • Starbucks Corp. (SBUX)
  • Texas Road House Inc. (TXRH)
  • Wendy’s Company (WEN)
  • Wingstop Inc (WING)